Ascendas It Park (Chennai) Limited

Develops and operates IT parks for lease to IT companies.

2003 | Chennai, Tamil Nadu (India) | Active
Last Updated: July 07, 2024

Ascendas It Park (Chennai) Profile

Key Indicators

  • Authorised Capital ₹ 138.05 Cr
  • Paid Up Capital ₹ 102.05 Cr
  • Company Age 21 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 366.50 Cr
  • Revenue Growth 12.99%
  • Profit Growth 8.03%
  • Ebitda 10.15%
  • Net Worth -1.86%
  • Total Assets -0.95%

About Ascendas It Park (Chennai)

Ascendas It Park (Chennai) Limited (AIPCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 03 November 2003 and has a history of 21 years and three months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 138.05 Cr and a paid-up capital of Rs 102.05 Cr.

The company has closed loans amounting to ₹366.50 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ascendas It Park (Chennai) Limited India are Saravanan Muthukumaraswamy as COMPANY SECRETARY and Subramanian Kumar as Cfo. Ying Cheah, Suma Vishakh, Gauri Nagabhushanam, and Three other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999TN2003PLC051878

  • Company No.

    051878

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    03 Nov 2003

  • Date of AGM

    10 Jul 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Information Technology

Who are the key members and board of directors at Ascendas It Park (Chennai)?

Executive Team (2)

NameDesignationAppointment DateStatus
Saravanan Muthukumaraswamy Company Secretary05-May-2014Current
Subramanian Kumar CFO29-Feb-2024Current

Board Members (6)

NameDesignationAppointment DateStatus
Ying Cheah Country flag representing Sg Director 22-Nov-2021Current
Suma Vishakh Country flag representing In Director 07-Jul-2021Current
Gauri Nagabhushanam Country flag representing In Director 01-Apr-2022Current
Manohar Khiatani Country flag representing Sg Director 24-Mar-2016Current
Ramachandran Karthikeyan Country flag representing In Nominee Director 26-Aug-2021Current
Sanjeev Dasgupta Country flag representing In Director 04-Apr-2014Current

Financial Performance of Ascendas It Park (Chennai).

Ascendas It Park (Chennai) Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.99% increase. The company also saw a slight improvement in profitability, with a 8.03% increase in profit. The company's net worth dipped by a decrease of 1.86%.

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
12.99%
Revenue from Operations
17.46%
Total Assets
-0.95%
Profit or Loss
8.03%
Net Worth
-1.86%
EBITDA
10.15%

What is the Ownership and Shareholding Structure of Ascendas It Park (Chennai)?

In 2023, Ascendas It Park (Chennai) had a promoter holding of 100.00%. The company had 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹366.50 Cr

Charges Breakdown by Lending Institutions

  • Dbs Bank Limited : 150.00 Cr
  • Housing Development Finance Co. Ltd : 136.50 Cr
  • State Bank Of India : 50.00 Cr
  • Standard Chartered Bank : 30.00 Cr

Latest Charge Details

DateLenderAmountStatus
26 Mar 2010Dbs Bank Limited₹150.00 CrSatisfied
16 Nov 2005Standard Chartered Bank₹30.00 CrSatisfied
24 Oct 2005State Bank Of India₹50.00 CrSatisfied
26 Sep 2005Housing Development Finance Co. Ltd₹50.00 CrSatisfied
16 Dec 2004Housing Development Finance Co. Ltd₹86.50 CrSatisfied

How Many Employees Work at Ascendas It Park (Chennai)?

Ascendas It Park (Chennai) has a workforce of 249 employees as of Apr 06, 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 Ascendas It Park (Chennai), 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 Ascendas It Park (Chennai)'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 Ascendas It Park (Chennai)

Recent activity within the organization

  • Director Appointment

    Subramanian Deepak Kumar was appointed as a Cfo was appointed as a Cfo on 29 Feb 2024 & has been associated with this company since 11 months 25 days .

    29 Feb 2024

  • Annual General Meeting

    Ascendas It Park (Chennai) Limited last Annual general meeting of members was held on 10 Jul 2023 as per latest MCA records.

    10 Jul 2023

  • Balance Sheet

    Ascendas It Park (Chennai) Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Ying Soon Cheah was appointed as a Director was appointed as a Director on 22 Nov 2021 & has been associated with this company since 3 years 3 months .

    22 Nov 2021

  • Director Appointment

    Suma Vishakh was appointed as a Director was appointed as a Director on 07 Jul 2021 & has been associated with this company since 3 years 7 months .

    07 Jul 2021

  • Director Appointment

    Saravanan Muthukumaraswamy was appointed as a Company Secretary was appointed as a Company Secretary on 05 May 2014 & has been associated with this company since 10 years 9 months .

    05 May 2014

Frequently asked questions

  • Ascendas It Park (Chennai) Limited was incorporated on 03 Nov 2003.

  • The authorized share capital of Ascendas It Park (Chennai) Limited is ₹ 138.05 Cr and paid-up capital is ₹ 102.05 Cr.

  • Currently 8 directors are associated with Ascendas It Park (Chennai) Limited.

    • Saravanan Muthukumaraswamy
    • Ying Soon Cheah
    • Suma Vishakh
    • Gauri Shankar Nagabhushanam
    • Manohar Ramesh Khiatani
    • Ramachandran Karthikeyan
    • Sanjeev Dasgupta
    • Subramanian Deepak Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ascendas It Park (Chennai) Limited is I Floor Itpctaramani Rd Chennai-. India, Tamilnadu, Tamil Nadu, 600113.

  • The corporate identification number (CIN) of Ascendas It Park (Chennai) Limited is U74999TN2003PLC051878 and the company number is 051878 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ascendas It Park (Chennai) Limited has risen by 12.99%.

  • As Per 2023 financial reports, 249 employees are currently employed by Ascendas It Park (Chennai) Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ascendas It Park (Chennai) Limited has experienced an downturn of -1.86%.

  • The most recent Balance Sheet for Ascendas It Park (Chennai) Limited was filed with the ROC on 31 Mar 2023.

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