Ascend Fluid Tools Private Limited

Distributor of metalworking fluids and cutting tools for various industries.

2012 | Pune, Maharashtra (India) | Active
Last Updated: October 24, 2024

Ascend Fluid Tools Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 12 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.96 Cr
  • Satisfied Charges ₹ 1.43 Cr
  • Revenue Growth 5.63%
  • Profit Growth -8.44%
  • Ebitda 4.81%
  • Net Worth 13.50%
  • Total Assets 35.37%

About Ascend Fluid Tools

Ascend Fluid Tools Private Limited (AFTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 September 2012 and has a history of 12 years and four months. Its registered office is in Pune, Maharashtra, India.

The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹4.96 Cr. The company has closed loans amounting to ₹1.43 Cr, as per Ministry of Corporate Affairs (MCA) records.

Shantinath Madannavar and Jayashree Madannavar serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ascendfluidtools.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29220PN2012PTC144804

  • Company No.

    144804

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Sep 2012

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Machinery and Equipment

What products or services does Ascend Fluid Tools Private Limited offer?

Ascend Fluid Tools Private Limited offers a wide range of products and services, including Cutting Tools & Milling Cutter, Carbide Milling Cutters, Industrial Air Conditioner & Devices, Air Conditioner Parts, Steel & Stainless Steel Products, Steel and Stainless Steel Coils, Carbide Cutting Tools, Reamers, Oils, Grease & Lubricants, Industrial Oils.

Who are the key members and board of directors at Ascend Fluid Tools?

Board Members (2)

Name Designation Appointment Date Status
Shantinath Madannavar Country flag representing In Director 18-Sep-2012 Current
Jayashree Madannavar Country flag representing In Director 18-Sep-2012 Current

Financial Performance of Ascend Fluid Tools.

Ascend Fluid Tools Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.63% increase. The company also saw a slight decrease in profitability, with a 8.44% decrease in profit. The company's net worth Soared by an impressive increase of 13.5%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
5.63%
Revenue from Operations
5.56%
Total Assets
35.37%
Profit or Loss
-8.44%
Net Worth
13.50%
EBITDA
4.81%

What is the Ownership and Shareholding Structure of Ascend Fluid Tools?

In 2022, Ascend Fluid Tools had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹49.55 M

Satisfied Charges

₹14.33 M

Charges Breakdown by Lending Institutions

  • Others : 4.96 Cr

Latest Charge Details

Date Lender Amount Status
30 Apr 2024 Others ₹1.50 Cr Open
29 Aug 2022 Others ₹3.37 Cr Open
25 Oct 2021 Others ₹0.85 M Open
19 Nov 2019 State Bank Of India ₹4.33 M Satisfied
28 Dec 2013 Kotak Mahindra Bank Limited ₹1.00 Cr Satisfied

How Many Employees Work at Ascend Fluid Tools?

Ascend Fluid Tools has a workforce of 23 employees as of Mar 28, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ascend Fluid Tools, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Ascend Fluid Tools's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Ascend Fluid Tools

Recent activity within the organization

  • Annual General Meeting

    Ascend Fluid Tools Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 15.00 M with Charge ID 100923187 was registered on 30 Apr 2024.

    30 Apr 2024

  • Charges

    A charge with Others of Rs. 33.70 M registered on 29 Aug 2022 with Charge ID 100613208 was modified on 25 Apr 2024.

    25 Apr 2024

  • Balance Sheet

    Ascend Fluid Tools Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 33.70 M with Charge ID 100613208 was registered on 29 Aug 2022.

    29 Aug 2022

  • Charges

    A charge registered on 19 Nov 2019 via Charge ID 100305036 with State Bank Of India was fully satisfied on 28 Mar 2022.

    28 Mar 2022

Frequently asked questions

  • Ascend Fluid Tools Private Limited was incorporated on 18 Sep 2012.

  • The authorized share capital of Ascend Fluid Tools Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Ascend Fluid Tools Private Limited.

    • Shantinath Mahaveer Madannavar
    • Jayashree Shantinath Madannavar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ascend Fluid Tools Private Limited is Gat No.148/1 At Post Mahalunge, Khed Mahalunge Chakan India, Pune, Maharashtra, 410501.

  • The corporate identification number (CIN) of Ascend Fluid Tools Private Limited is U29220PN2012PTC144804 and the company number is 144804 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ascend Fluid Tools Private Limited is https://www.ascendfluidtools.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ascend Fluid Tools Private Limited has risen by 5.63%.

  • As Per 2023 financial reports, 23 employees are currently employed by Ascend Fluid Tools Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ascend Fluid Tools Private Limited has experienced an upsurge of 13.50%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ascend Fluid Tools Private Limited amount to ₹ 4.96 Cr.

  • The most recent Balance Sheet for Ascend Fluid Tools Private Limited was filed with the ROC on 31 Mar 2024.