Ascent Air Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.40 Cr
- Company Age 26 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 154.34 Cr
- Satisfied Charges ₹ 88.80 Cr
- Revenue Growth -53.68%
- Profit Growth -65.11%
- Ebitda -62.18%
- Net Worth 5.24%
- Total Assets -16.49%
About Ascent Air
Ascent Air Private Limited (AAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 March 1998 and has a history of 26 years and 11 months. Its registered office is in New Delhi, Delhi, India.
The Company is engaged in the Transport And Logistics 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 1.40 Cr.
The company currently has active open charges totaling ₹154.34 Cr. The company has closed loans amounting to ₹88.80 Cr, as per Ministry of Corporate Affairs (MCA) records.
Pukhraj Chug and Jasraj Chug serve as directors at the Company.
Company Details
- Location
New Delhi, Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U63040DL1998PTC092771
- Company No.
092771
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 Mar 1998
- Date of AGM
26 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Who are the key members and board of directors at Ascent Air?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pukhraj Chug  | Director | 17-Mar-1998 | Current |
| Jasraj Chug | Director | 02-Oct-2006 | Current |
Financial Performance of Ascent Air.
Ascent Air Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 53.68% decrease. The company also saw a substantial fall in profitability, with a 65.11% decrease in profit. The company's net worth moved up by a moderate rise of 5.24%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Ascent Air?
In 2023, Ascent Air had a promoter holding of 100.00%. The company had 8 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Truekeey Construction Design Consultancy Private LimitedJasraj Chug is a mutual person
Red Express Transport Services LimitedPukhraj Chug and Jasraj Chug are mutual person
Newzone Communications Private LimitedPukhraj Chug and Jasraj Chug are mutual person
Cargo Flash Infotech Private LimitedPukhraj Chug and Jasraj Chug are mutual person
Concorde Cargo Private LimitedPukhraj Chug and Jasraj Chug are mutual person
Concorde Air Handling Services Private LimitedPukhraj Chug and Jasraj Chug are mutual person
Charges (Loans)
₹154.34 Cr
₹88.80 Cr
Charges Breakdown by Lending Institutions
- Yes Bank Limited : 72.00 Cr
- Hdfc Bank Limited : 51.29 Cr
- Others : 30.00 Cr
- Axis Bank Limited : 1.05 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Feb 2024 | Axis Bank Limited | ₹1.05 Cr | Open |
| 22 Jun 2023 | Others | ₹30.00 Cr | Open |
| 22 Aug 2022 | Hdfc Bank Limited | ₹2.64 M | Open |
| 26 May 2022 | Hdfc Bank Limited | ₹2.19 M | Open |
| 30 Mar 2022 | Hdfc Bank Limited | ₹9.54 M | Open |
How Many Employees Work at Ascent Air?
Ascent Air has a workforce of 146 employees as of Aug 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 Ascent Air, 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 Air'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.
