Ascendas It Park (Chennai) Limited

Develops and operates IT parks for lease to IT companies.

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

Ascendas It Park (Chennai) Profile

Key Indicators

  • Authorised Capital ₹ 138.05 Cr
  • Paid Up Capital ₹ 102.05 Cr
  • Company Age 21 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • 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 six 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 2024. 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 Saurabh Lodha as Cfo. Sanjeev Dasgupta, Ramachandran Karthikeyan, 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

    12 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Information Technology
Company report

Ascendas It Park (Chennai) Limited

Explore comprehensive data for Ascendas It Park (Chennai) Limited, including financials, compliance details, shareholding patterns, and litigation history.

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
Saurabh Lodha CFO13-Dec-2024Current

Board Members (6)

NameDesignationAppointment DateStatus
Sanjeev Dasgupta Country flag representing In Director 24-Mar-2016Current
Ramachandran Karthikeyan Country flag representing In Nominee Director 26-Aug-2021Current
Gauri Nagabhushanam Country flag representing In Director 04-Aug-2022Current
Suma Vishakh Country flag representing In Director 07-Jul-2021Current
Sumit Gera Country flag representing In Additional Director 24-Sep-2024Current
Ying Cheah Country flag representing Sg Director 22-Nov-2021Current

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%.

Ascendas It Park (Chennai) revenue growth over time
Ascendas It Park (Chennai) 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.

Employee growth trends for Ascendas It Park (Chennai) Limited

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

    Saurabh Lodha was appointed as a Cfo was appointed as a Cfo on 13 Dec 2024 & has been associated with this company since 5 months 1 day .

  • Director Appointment

    Sumit Gera was appointed as a Additional Director was appointed as a Additional Director on 24 Sep 2024 & has been associated with this company since 7 months 20 days .

  • Annual General Meeting

    Ascendas It Park (Chennai) Limited last Annual general meeting of members was held on 12 Aug 2024 as per latest MCA records.

  • Balance Sheet

    Ascendas It Park (Chennai) Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Director Appointment

    Gauri Shankar Nagabhushanam was appointed as a Director was appointed as a Director on 04 Aug 2022 & has been associated with this company since 2 years 9 months .

  • 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 5 months .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Ascendas It Park (Chennai) Limited?

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

  • What is authorized share capital and paid-up capital of Ascendas It Park (Chennai) Limited?

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

  • Who are the current board members & directors of Ascendas It Park (Chennai) Limited?

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

    • Sanjeev Dasgupta
    • Ramachandran Karthikeyan
    • Gauri Shankar Nagabhushanam
    • Suma Vishakh
    • Sumit Gera
    • Saravanan Muthukumaraswamy
    • Saurabh Lodha
    • Ying Soon Cheah
  • What is the registered address of Ascendas It Park (Chennai) Limited?

    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.

  • What is the corporate identification number (CIN) and company number of Ascendas It Park (Chennai) Limited?

    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).

  • What is the official website of Ascendas It Park (Chennai) Limited?

    The Official website of Ascendas It Park (Chennai) Limited is https://www.tidco.com

  • What has been the recent revenue trend for Ascendas It Park (Chennai) Limited?

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

  • How many employees does Ascendas It Park (Chennai) Limited currently have?

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

  • What change has been observed in the net worth of Ascendas It Park (Chennai) Limited, and by what percentage?

    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%.

  • When was the last Balance Sheet of Ascendas It Park (Chennai) Limited filed with the ROC?

    The most recent Balance Sheet for Ascendas It Park (Chennai) Limited was filed with the ROC on 31 Mar 2024.

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