Ascender India Private Limited

Provides HR and payroll processing services through software packages for personnel management and payrolls.

2016 | Hyderabad, Telangana (India) | Active
Last Updated: December 20, 2024

Ascender India Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -48.39%
  • Profit Growth -93.74%
  • Ebitda -88.73%
  • Net Worth 8.04%
  • Total Assets 7.19%

About Ascender India

Ascender India Private Limited (AIPL) is a Private Limited Foreign Company Incorporated In India incorporated in India on 16 May 2016 (Eight years and nine months 9 days old ). Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Business Outsourcing 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 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Sumit Gaur and Manju Chawla serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ascenderhcm.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999TG2016FTC109691

  • Company No.

    109691

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    16 May 2016

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Business Outsourcing

Who are the key members and board of directors at Ascender India?

Board Members (2)

NameDesignationAppointment DateStatus
Sumit Gaur Country flag representing In Director 13-May-2021Current
Manju Chawla Country flag representing In Director 30-Nov-2021Current

Financial Performance of Ascender India.

Ascender India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 48.39% decrease. The company also saw a substantial fall in profitability, with a 93.74% decrease in profit. The company's net worth moved up by a moderate rise of 8.04%.

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
-48.39%
Revenue from Operations
-48.81%
Total Assets
7.19%
Profit or Loss
-93.74%
Net Worth
8.04%
EBITDA
-88.73%

What is the Ownership and Shareholding Structure of Ascender India?

In 2023, Ascender India 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)

Placeholder for charges-related data

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

How Many Employees Work at Ascender India?

Unlock and access historical data on people associated with Ascender India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ascender India, 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 Ascender India'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 Ascender India

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Ascender India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Director Appointment

    Manju Chawla was appointed as a Director was appointed as a Director on 30 Nov 2021 & has been associated with this company since 3 years 2 months .

    30 Nov 2021

  • Director Appointment

    Sumit Gaur was appointed as a Director was appointed as a Director on 13 May 2021 & has been associated with this company since 3 years 9 months .

    13 May 2021

  • Company Incorporation

    Ascender India Private Limited was registered on 16 May 2016 with Roc Hyderabad & aged 8 years 9 months as per MCA records.

    16 May 2016

Frequently asked questions

  • Ascender India Private Limited was incorporated on 16 May 2016.

  • The authorized share capital of Ascender India Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Ascender India Private Limited.

    • Sumit Gaur
    • Manju Chawla
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ascender India Private Limited is 2-2-1109/Bk/Mig 101 Bhatkamakunta Shivam Road Bagh Amberpet, India, Hyderabad, Telangana, 500013.

  • The corporate identification number (CIN) of Ascender India Private Limited is U74999TG2016FTC109691 and the company number is 109691 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ascender India Private Limited is https://www.ascenderhcm.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ascender India Private Limited has fallen by -48.39%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ascender India Private Limited has experienced an upsurge of 8.04%.

  • The most recent Balance Sheet for Ascender India Private Limited was filed with the ROC on 31 Mar 2024.

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