Ascendum Solutions India Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 0.10 M
- Company Age 17 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 100.00 Cr
- Revenue Growth -22.01%
- Profit Growth -31.00%
- Ebitda -98.84%
- Net Worth 13.44%
- Total Assets -9.56%
About Ascendum Solutions India
Ascendum Solutions India Private Limited (ASIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 February 2008 and has a history of 17 years and two months. Its registered office is in Ahmedabad, Gujarat, 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 5.00 Cr and a paid-up capital of Rs 0.10 M.
The company has closed loans amounting to ₹100.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Velayudhan Nair, Viral Vora, Mahendra Vora, and One other member serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72200GJ2008PTC052947
- Company No.
052947
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
18 Feb 2008
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Information Technology
Ascendum Solutions India Private Limited
Explore comprehensive data for Ascendum Solutions India Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Ascendum Solutions India?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Velayudhan Nair  | Director | 14-Aug-2008 | Current |
| Viral Vora | Director | 05-Jun-2018 | Current |
Mahendra Vora  | Director | 18-Feb-2008 | Current |
| Kamlesh Vora | Director | 16-Aug-2018 | Current |
Financial Performance of Ascendum Solutions India.
Ascendum Solutions India Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 22.01% decrease. The company also saw a substantial fall in profitability, with a 31% decrease in profit. The company's net worth Soared by an impressive increase of 13.44%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Ascendum Solutions India?
In 2021, Ascendum Solutions India had a promoter holding of 100.00%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Hn Safal Goyal Infra Realty Private LimitedViral Vora is a mutual person
Asopalav Silk India Private LimitedKamlesh Vora is a mutual person
- Asopalav House Maintenance Private Limited
Kamlesh Vora is a mutual person
Athena Medtech Private LimitedKamlesh Vora is a mutual person
Ascendum Kps Private LimitedVelayudhan Nair, Viral Vora and 2 more are mutual person
Sourcebits Technologies Private LimitedVelayudhan Nair and Viral Vora are mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹100.00 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 70.00 Cr
- Corporation Bank : 30.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Feb 2013 | Corporation Bank | ₹30.00 Cr | Satisfied |
| 03 Dec 2010 | Hdfc Bank Limited | ₹35.00 Cr | Satisfied |
| 26 Nov 2010 | Hdfc Bank Limited | ₹35.00 Cr | Satisfied |
How Many Employees Work at Ascendum Solutions India?
Ascendum Solutions India has a workforce of 186 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Ascendum Solutions 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 Ascendum Solutions India's trajectory.
Rating
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
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 Ascendum Solutions India
Recent activity within the organization
- Annual General Meeting
Ascendum Solutions India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Ascendum Solutions India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
- Charges
A charge registered on 22 Feb 2013 via Charge ID 10416634 with Corporation Bank was fully satisfied on 28 Mar 2022.
- Director Appointment
Kamlesh Vaghjibhai Vora was appointed as a Director was appointed as a Director on 16 Aug 2018 & has been associated with this company since 6 years 8 months .
- Director Appointment
Viral Champaklal Vora was appointed as a Director was appointed as a Director on 05 Jun 2018 & has been associated with this company since 6 years 10 months .
- Charges
A charge registered on 03 Dec 2010 via Charge ID 10257244 with Hdfc Bank Limited was fully satisfied on 28 Mar 2013.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Ascendum Solutions India Private Limited?
Ascendum Solutions India Private Limited was incorporated on 18 Feb 2008.
What is authorized share capital and paid-up capital of Ascendum Solutions India Private Limited?
The authorized share capital of Ascendum Solutions India Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Ascendum Solutions India Private Limited?
Currently 4 directors are associated with Ascendum Solutions India Private Limited.
- Velayudhan Krishnan Nair
- Viral Champaklal Vora
- Mahendra Babaldas Vora
- Kamlesh Vaghjibhai Vora
What is the registered address of Ascendum Solutions India Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Ascendum Solutions India Private Limited is A/7 Ground Floor Safal Profitaire Off 100 Ft.Road Opp. Prahladnagar Garde N Road, India, Ahmedabad, Gujarat, 380015.
What is the corporate identification number (CIN) and company number of Ascendum Solutions India Private Limited?
The corporate identification number (CIN) of Ascendum Solutions India Private Limited is U72200GJ2008PTC052947 and the company number is 052947 as per Ministry of Corporate Affairs (MCA).
What is the official website of Ascendum Solutions India Private Limited?
The Official website of Ascendum Solutions India Private Limited is https://www.ascendum.com
What has been the recent revenue trend for Ascendum Solutions India Private Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Ascendum Solutions India Private Limited has fallen by -22.01%.
How many employees does Ascendum Solutions India Private Limited currently have?
As Per 2021 financial reports, 186 employees are currently employed by Ascendum Solutions India Private Limited.
What change has been observed in the net worth of Ascendum Solutions India Private Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Ascendum Solutions India Private Limited has experienced an upsurge of 13.44%.
When was the last Balance Sheet of Ascendum Solutions India Private Limited filed with the ROC?
The most recent Balance Sheet for Ascendum Solutions India Private Limited was filed with the ROC on 31 Mar 2023.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records