Ascendion Engineering Private Limited

Recruitment and employee management services for Collabera Inc USA.

2016 | Vadodara, Gujarat (India) | Active
Last Updated: July 07, 2024

Ascendion Engineering Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.28 M
  • Company Age 8 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.67 M
  • Revenue Growth 110.45%
  • Profit Growth 157.64%
  • Ebitda 141.78%
  • Net Worth 69.51%
  • Total Assets 74.25%

About Ascendion Engineering

Ascendion Engineering Private Limited (AEPL) is a Private Limited Indian Non-Government Company incorporated in India on 01 December 2016 (Eight years and two months 25 days old ). Its registered office is in Vadodara, Gujarat, India.

The Corporate was formerly known as Collabera Services Private Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.28 M.

The company currently has active open charges totaling ₹4.67 M.

Pradeep Nair and Vinay Verma serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ascendion.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999GJ2016PTC094533

  • Company No.

    094533

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Dec 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Business Outsourcing

Who are the key members and board of directors at Ascendion Engineering?

Board Members (2)

NameDesignationAppointment DateStatus
Vinay Verma Country flag representing In Director 01-Dec-2016Current
Pradeep Nair Country flag representing In Director 23-Sep-2021Current

Financial Performance of Ascendion Engineering.

Ascendion Engineering Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 110.45% increase. The company also saw a substantial improvement in profitability, with a 157.64% increase in profit. The company's net worth Soared by an impressive increase of 69.51%.

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
110.45%
Revenue from Operations
110.55%
Total Assets
74.25%
Profit or Loss
157.64%
Net Worth
69.51%
EBITDA
141.78%

What is the Ownership and Shareholding Structure of Ascendion Engineering?

In 2023, Ascendion Engineering 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

₹4.67 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.32 Cr
  • Others : 0.15 Cr

Latest Charge Details

DateLenderAmountStatus
04 Jan 2020Hdfc Bank Limited₹3.17 MOpen
29 Mar 2018Others₹1.50 MOpen

How Many Employees Work at Ascendion Engineering?

Ascendion Engineering has a workforce of 2082 employees as of Apr 05, 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 Ascendion Engineering, 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 Ascendion Engineering'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 Ascendion Engineering

Recent activity within the organization

  • Annual General Meeting

    Ascendion Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Ascendion Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Pradeep Muralidharan Nair was appointed as a Director was appointed as a Director on 23 Sep 2021 & has been associated with this company since 3 years 5 months .

    23 Sep 2021

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 3.17 M with Charge ID 100342423 was registered on 04 Jan 2020.

    04 Jan 2020

  • Charges

    A charge with Others amounted to Rs. 1.50 M with Charge ID 100194954 was registered on 29 Mar 2018.

    29 Mar 2018

  • Director Appointment

    Vinay Surendra Verma was appointed as a Director was appointed as a Director on 01 Dec 2016 & has been associated with this company since 8 years 2 months .

    01 Dec 2016

Recent News, Updates & Announcement

Frequently asked questions

  • Ascendion Engineering Private Limited was incorporated on 01 Dec 2016.

  • The authorized share capital of Ascendion Engineering Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.28 M.

  • Currently 2 directors are associated with Ascendion Engineering Private Limited.

    • Pradeep Muralidharan Nair
    • Vinay Surendra Verma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ascendion Engineering Private Limited is Collabera House Ii Ground Floor Tower B Mayfair Corporate Park Bh Dps School K, Alali, Vadodara, Gujarat, India, 390012.

  • The corporate identification number (CIN) of Ascendion Engineering Private Limited is U74999GJ2016PTC094533 and the company number is 094533 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ascendion Engineering Private Limited is https://www.ascendion.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ascendion Engineering Private Limited has risen by 110.45%.

  • As Per 2023 financial reports, 2082 employees are currently employed by Ascendion Engineering Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ascendion Engineering Private Limited has experienced an upsurge of 69.51%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ascendion Engineering Private Limited amount to ₹ 4.67 M.

  • The most recent Balance Sheet for Ascendion Engineering Private Limited was filed with the ROC on 31 Mar 2023.

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