Ascent Decor Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 8.50 Cr
- Company Age 12 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 56.40 Cr
- Satisfied Charges ₹ 57.15 Cr
- Revenue Growth 6.30%
- Profit Growth -50.84%
- Ebitda -22.92%
- Net Worth 17.71%
- Total Assets 13.47%
About Ascent Decor
Ascent Decor Private Limited (ADPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 August 2012 and has a history of 12 years and six months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Consumer Goods 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 10.00 Cr and a paid-up capital of Rs 8.50 Cr.
The company currently has active open charges totaling ₹56.40 Cr. The company has closed loans amounting to ₹57.15 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ramachandra Sastry, Gaurav Sureka, Syed Mukarram, and One other member serve as directors at the Company.
Company Details
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Location
Bangaluru, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U17122KA2012PTC065140
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Company No.
065140
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
01 Aug 2012
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Ascent Decor?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramachandra Sastry
|
Director | 01-Aug-2012 | Current |
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Gaurav Sureka
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Director | 01-Aug-2012 | Current |
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Syed Mukarram
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Director | 01-Aug-2012 | Current |
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Syed Farook
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Director | 01-Aug-2012 | Current |
Financial Performance of Ascent Decor.
Ascent Decor Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.3% increase. The company also saw a substantial fall in profitability, with a 50.84% decrease in profit. The company's net worth Soared by an impressive increase of 17.71%.
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What is the Ownership and Shareholding Structure of Ascent Decor?
In 2023, Ascent Decor had a promoter holding of 100.00%. The company had 4 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Anj Mining LlpSyed Farook is a mutual person
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Revolucion Textil Private LimitedRamachandra Sastry and Gaurav Sureka are mutual person
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Rosarahome Furnishings Private LimitedRamachandra Sastry and Syed Farook are mutual person
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Fe Home Textiles LlpRamachandra Sastry is a mutual person
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Avory Ventures Llp
Ramachandra Sastry and Gaurav Sureka are mutual person
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Revolucion Tex Creations Private Limited
Ramachandra Sastry and Gaurav Sureka are mutual person
Charges (Loans)
₹56.40 Cr
₹57.15 Cr
Charges Breakdown by Lending Institutions
- Others : 56.00 Cr
- Hdfc Bank Limited : 0.40 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Feb 2024 | Hdfc Bank Limited | ₹4.00 M | Open |
| 30 Jan 2021 | Others | ₹30.00 Cr | Open |
| 30 Dec 2020 | Others | ₹26.00 Cr | Open |
| 22 Nov 2019 | Others | ₹19.51 Cr | Satisfied |
| 30 Jun 2017 | Others | ₹33.64 Cr | Satisfied |
How Many Employees Work at Ascent Decor?
Ascent Decor has a workforce of 368 employees as of Apr 02, 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 Decor, 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 Decor'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.