Ascent Advertising Private Limited

Provides advertising services, specializing in digital marketing and creative production for various clients.

2011 | Mumbai, Maharashtra (India) | Active
Last Updated: December 31, 2024

Ascent Advertising Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 2.50 M
  • Company Age 13 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 8.00 M
  • Revenue Growth -6.11%
  • Profit Growth 35.53%
  • Ebitda -485.42%
  • Net Worth 1.54%
  • Total Assets 64.47%

About Ascent Advertising

Ascent Advertising Private Limited (AAPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 September 2011 and has a history of 13 years and four months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Media And Publishing 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 1.50 Cr and a paid-up capital of Rs 2.50 M.

The company has closed loans amounting to ₹8.00 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Radheya Khanolkar, Laxmi Khanolkar, and Ritesh Hake serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ascentads.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74120MH2011PTC222366

  • Company No.

    222366

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Sep 2011

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Media and Publishing

Who are the key members and board of directors at Ascent Advertising?

Board Members (3)

NameDesignationAppointment DateStatus
Ritesh Hake Country flag representing In Director 03-Jul-2015Current
Laxmi Khanolkar Country flag representing In Director 26-Sep-2011Current
Radheya Khanolkar Country flag representing In Director 30-Oct-2018Current

Financial Performance of Ascent Advertising.

Ascent Advertising Private Limited, for the financial year ended 2020, experienced Minor drop in revenue, with a 6.11% decrease. The company also saw a substantial improvement in profitability, with a 35.53% increase in profit. The company's net worth moved up by a moderate rise of 1.54%.

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
-6.11%
Revenue from Operations
-39.46%
Total Assets
64.47%
Profit or Loss
35.53%
Net Worth
1.54%
EBITDA
-485.42%

What is the Ownership and Shareholding Structure of Ascent Advertising?

In 2018, Ascent Advertising 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

₹0

Satisfied Charges

₹0.80 Cr

Charges Breakdown by Lending Institutions

  • Union Bank Of India : 0.80 Cr

Latest Charge Details

DateLenderAmountStatus
02 Dec 2011Union Bank Of India₹8.00 MSatisfied

How Many Employees Work at Ascent Advertising?

Unlock and access historical data on people associated with Ascent Advertising, 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 Ascent Advertising, 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 Ascent Advertising'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 Ascent Advertising

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Ascent Advertising Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Radheya Kashinath Khanolkar was appointed as a Director was appointed as a Director on 30 Oct 2018 & has been associated with this company since 6 years 3 months .

    30 Oct 2018

  • Charges

    A charge registered on 02 Dec 2011 via Charge ID 10322676 with Union Bank Of India was fully satisfied on 27 May 2016.

    27 May 2016

  • Director Appointment

    Ritesh Nitin Hake was appointed as a Director was appointed as a Director on 03 Jul 2015 & has been associated with this company since 9 years 7 months .

    03 Jul 2015

  • Charges

    A charge with Union Bank Of India amounted to Rs. 0.80 Cr with Charge ID 10322676 was registered on 02 Dec 2011.

    02 Dec 2011

Frequently asked questions

  • Ascent Advertising Private Limited was incorporated on 26 Sep 2011.

  • The authorized share capital of Ascent Advertising Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 2.50 M.

  • Currently 3 directors are associated with Ascent Advertising Private Limited.

    • Radheya Kashinath Khanolkar
    • Laxmi Radheya Khanolkar
    • Ritesh Nitin Hake
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ascent Advertising Private Limited is 321 Gemstar Commercial Complex Ramchandra Lane Extn. Kanchpada, Malad West India, Mumbai, Maharashtra, 400064.

  • The corporate identification number (CIN) of Ascent Advertising Private Limited is U74120MH2011PTC222366 and the company number is 222366 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ascent Advertising Private Limited is https://www.ascentads.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Ascent Advertising Private Limited has fallen by -6.11%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Ascent Advertising Private Limited has experienced an upsurge of 1.54%.

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