Ascent Constructions Private Limited

Real estate development company constructing commercial, industrial, institutional, and residential buildings for various clients.

1997 | Delhi (India) | Active
Last Updated: November 16, 2024

Ascent Constructions Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.33 Cr
  • Company Age 27 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 18.56 Cr
  • Satisfied Charges ₹ 6.73 Cr
  • Revenue Growth 108.38%
  • Profit Growth 772.68%
  • Ebitda 0.40%
  • Net Worth 0.96%
  • Total Assets 9.13%

About Ascent Constructions

Ascent Constructions Private Limited (ACPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 May 1997 and has a history of 27 years and eight months. Its registered office is in Delhi, India.

The Company is engaged in the Real Estate And Construction 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 3.00 Cr and a paid-up capital of Rs 2.33 Cr.

The company currently has active open charges totaling ₹18.56 Cr. The company has closed loans amounting to ₹6.73 Cr, as per Ministry of Corporate Affairs (MCA) records.

Suresh Gogia and Parmod Gogia serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U70101DL1997PTC087480

  • Company No.

    087480

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 May 1997

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Real Estate and Construction

What products or services does Ascent Constructions Private Limited offer?

Ascent Constructions Private Limited offers a wide range of products and services, including Commercial Construction Service, Commercial Complex Construction, Real Estate Services, Residential Property.

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

Board Members (2)

NameDesignationAppointment DateStatus
Suresh Gogia Country flag representing In Whole-Time Director 26-May-1997Current
Parmod Gogia Country flag representing In Additional Director 20-Nov-2018Current

Financial Performance of Ascent Constructions.

Ascent Constructions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 108.38% increase. The company also saw a substantial improvement in profitability, with a 772.68% increase in profit. The company's net worth moved up by a moderate rise of 0.96%.

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
108.38%
Revenue from Operations
134.34%
Total Assets
9.13%
Profit or Loss
772.68%
Net Worth
0.96%
EBITDA
0.40%

What is the Ownership and Shareholding Structure of Ascent Constructions?

In 2023, Ascent Constructions had a promoter holding of 69.80% and a public holding of 30.20%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹18.56 Cr

Satisfied Charges

₹6.73 Cr

Charges Breakdown by Lending Institutions

  • Others : 10.74 Cr
  • Icici Bank Limited : 2.02 Cr
  • Icici Bank Ltd. : 2.00 Cr
  • L & T Finance Limited : 1.50 Cr
  • Bank Of Baroda : 0.75 Cr
  • Others : 1.55 Cr

Latest Charge Details

DateLenderAmountStatus
26 May 2017Others₹1.79 MOpen
29 Jun 2016Others₹5.63 MOpen
30 Nov 2015L & T Finance Limited₹3.66 MOpen
27 Feb 2015Icici Bank Limited₹5.56 MOpen
30 Dec 2014Icici Bank Limited₹7.65 MOpen

How Many Employees Work at Ascent Constructions?

Ascent Constructions has a workforce of 179 employees as of Apr 07, 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 Ascent Constructions, 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 Constructions'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 Constructions

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Ascent Constructions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge registered on 30 Jan 2017 via Charge ID 100078019 with Others was fully satisfied on 21 Mar 2024.

    21 Mar 2024

  • Charges

    A charge registered on 11 Aug 2015 via Charge ID 10589746 with Icici Bank Limited was fully satisfied on 21 Mar 2024.

    21 Mar 2024

  • Charges

    A charge registered on 13 Jun 2015 via Charge ID 10578687 with Icici Bank Limited was fully satisfied on 21 Mar 2024.

    21 Mar 2024

  • Charges

    A charge registered on 31 Jan 2015 via Charge ID 10549820 with Icici Bank Limited was fully satisfied on 21 Mar 2024.

    21 Mar 2024

Frequently asked questions

  • Ascent Constructions Private Limited was incorporated on 26 May 1997.

  • The authorized share capital of Ascent Constructions Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.33 Cr.

  • Currently 2 directors are associated with Ascent Constructions Private Limited.

    • Suresh Gogia
    • Parmod Kumar Gogia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ascent Constructions Private Limited is Flat No A-11 Gali 20 Madhur Vihar India, New Delhi, 110092.

  • The corporate identification number (CIN) of Ascent Constructions Private Limited is U70101DL1997PTC087480 and the company number is 087480 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ascent Constructions Private Limited is https://www.ascentconstructions.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ascent Constructions Private Limited has risen by 108.38%.

  • As Per 2023 financial reports, 179 employees are currently employed by Ascent Constructions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ascent Constructions Private Limited has experienced an upsurge of 0.96%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ascent Constructions Private Limited amount to ₹ 18.56 Cr.

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

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