Ascend Lift Technologies Private Limited

Founded in 2019 and headquartered in Karnataka, India.

2019 | Bangaluru, Karnataka (India) | Active
Last Updated:

Ascend Lift Technologies Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 6 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 55.24%
  • Profit Growth 58.85%
  • Ebitda 42.65%
  • Net Worth 74.92%
  • Total Assets 27.88%

About Ascend Lift Technologies

Ascend Lift Technologies Private Limited (ALTPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 February 2019 (Six years and one month 6 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Equipment & Machinery 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 1.00 M, as per Ministry of Corporate Affairs (MCA) records.

Yallanki Naidu and Sridevi Naidu serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29100KA2019PTC121720

  • Company No.

    121720

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Feb 2019

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Equipment & Machinery

What products or services does Ascend Lift Technologies Private Limited offer?

Ascend Lift Technologies Private Limited offers a wide range of products and services, including Elevators & Escalators, Elevator Part, Elevator Doors, Electric Motors and Components, Industrial Motors, Passenger Lifts, Elevator Cabin, Cranes, Forklift & Lifting Machines, Crane Spare Parts.

Who are the key members and board of directors at Ascend Lift Technologies?

Executive Team (1)

NameDesignationAppointment DateStatus
Yallanki Naidu Country flag representing In Managing Director05-Sep-2019Current

Board Members (1)

NameDesignationAppointment DateStatus
Sridevi Naidu Country flag representing In Director 21-Feb-2019Current

Financial Performance of Ascend Lift Technologies.

Ascend Lift Technologies Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 55.24% increase. The company also saw a substantial improvement in profitability, with a 58.85% increase in profit. The company's net worth Soared by an impressive increase of 74.92%.

Ascend Lift Technologies revenue growth over time
Ascend Lift Technologies 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
55.24%
Revenue from Operations
54.69%
Total Assets
27.88%
Profit or Loss
58.85%
Net Worth
74.92%
EBITDA
42.65%

What is the Ownership and Shareholding Structure of Ascend Lift Technologies?

Unlock access to Ascend Lift Technologies's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Ascend Lift Technologies?

Ascend Lift Technologies has a workforce of 15 employees as of Apr 08, 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.

Employee growth trends for Ascend Lift Technologies Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ascend Lift Technologies, 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 Lift Technologies'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 Lift Technologies

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Ascend Lift Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Director Appointment

    Yallanki Neerajaksha Naidu was appointed as a Managing Director was appointed as a Managing Director on 05 Sep 2019 & has been associated with this company since 5 years 6 months .

  • Director Appointment

    Sridevi Krishna Naidu was appointed as a Director was appointed as a Director on 21 Feb 2019 & has been associated with this company since 6 years 1 month .

  • Company Incorporation

    Ascend Lift Technologies Private Limited was registered on 21 Feb 2019 with Roc Bangalore & aged 6 years 1 month as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Ascend Lift Technologies Private Limited?

    Ascend Lift Technologies Private Limited was incorporated on 21 Feb 2019.

  • What is authorized share capital and paid-up capital of Ascend Lift Technologies Private Limited?

    The authorized share capital of Ascend Lift Technologies Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Who are the current board members & directors of Ascend Lift Technologies Private Limited?

    Currently 2 directors are associated with Ascend Lift Technologies Private Limited.

    • Yallanki Neerajaksha Naidu
    • Sridevi Krishna Naidu
  • What is the registered address of Ascend Lift Technologies Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ascend Lift Technologies Private Limited is No. 16 Basement Floor 3Rd Main Cross Ramaswamy Layout, Andrahalli India, Bangalore, Karnataka, 560085.

  • What is the corporate identification number (CIN) and company number of Ascend Lift Technologies Private Limited?

    The corporate identification number (CIN) of Ascend Lift Technologies Private Limited is U29100KA2019PTC121720 and the company number is 121720 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Ascend Lift Technologies Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Ascend Lift Technologies Private Limited has risen by 55.24%.

  • How many employees does Ascend Lift Technologies Private Limited currently have?

    As Per 2022 financial reports, 15 employees are currently employed by Ascend Lift Technologies Private Limited.

  • What change has been observed in the net worth of Ascend Lift Technologies Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Ascend Lift Technologies Private Limited has experienced an upsurge of 74.92%.

  • When was the last Balance Sheet of Ascend Lift Technologies Private Limited filed with the ROC?

    The most recent Balance Sheet for Ascend Lift Technologies Private Limited was filed with the ROC on 31 Mar 2024.

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