Ascent Electrification Engineers Private Limited

Provides turnkey project execution and maintenance services in electrical and instrumentation fields.

2015 | Jamnagar, Gujarat (India) | Active
Last Updated: January 18, 2025

Ascent Electrification Engineers Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 0.10 M
  • Company Age 9 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.16 Cr
  • Revenue Growth 2.23%
  • Profit Growth 13.20%
  • Ebitda -32.17%
  • Net Worth 17.35%
  • Total Assets 6.03%

About Ascent Electrification Engineers

Ascent Electrification Engineers Private Limited (AEEPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 27 March 2015 (Nine years and ten months 14 days old ). Its registered office is in Jamnagar, Gujarat, India.

The Company is engaged in the Energy And Power 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 0.10 M.

The company currently has active open charges totaling ₹5.16 Cr.

Kiritkumar Sitapara, Bharat Chhabhaya, and Champaklal Sitapara serve as directors at the Company.

Company Details

  • Location

    Jamnagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999GJ2015PTC082721

  • Company No.

    082721

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Mar 2015

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Energy and Power

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

Board Members (3)

Name Designation Appointment Date Status
Kiritkumar Sitapara Country flag representing In Director 01-Nov-2022 Current
Bharat Chhabhaya Country flag representing In Director 27-Mar-2015 Current
Champaklal Sitapara Country flag representing In Director 28-Nov-2021 Current

Financial Performance of Ascent Electrification Engineers.

Ascent Electrification Engineers Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.23% increase. The company also saw a substantial improvement in profitability, with a 13.2% increase in profit. The company's net worth Soared by an impressive increase of 17.35%.

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
2.23%
Revenue from Operations
2.63%
Total Assets
6.03%
Profit or Loss
13.20%
Net Worth
17.35%
EBITDA
-32.17%

What is the Ownership and Shareholding Structure of Ascent Electrification Engineers?

In 2023, Ascent Electrification Engineers 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

₹5.16 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 5.16 Cr

Latest Charge Details

Date Lender Amount Status
08 Sep 2020 Others ₹1.55 M Open
26 Dec 2017 Others ₹5.00 Cr Open

How Many Employees Work at Ascent Electrification Engineers?

Ascent Electrification Engineers has a workforce of 118 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 Electrification Engineers, 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 Electrification Engineers'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 Electrification Engineers

Recent activity within the organization

  • Annual General Meeting

    Ascent Electrification Engineers 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 Electrification Engineers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 5.00 Cr registered on 26 Dec 2017 with Charge ID 100200690 was modified on 19 Jun 2023.

    19 Jun 2023

  • Director Appointment

    Kiritkumar Rugnath Sitapara was appointed as a Director was appointed as a Director on 01 Nov 2022 & has been associated with this company since 2 years 3 months .

    01 Nov 2022

  • Director Appointment

    Champaklal Rugnath Sitapara was appointed as a Director was appointed as a Director on 28 Nov 2021 & has been associated with this company since 3 years 2 months .

    28 Nov 2021

  • Charges

    A charge with Others amounted to Rs. 0.16 Cr with Charge ID 100370379 was registered on 08 Sep 2020.

    08 Sep 2020

Frequently asked questions

  • Ascent Electrification Engineers Private Limited was incorporated on 27 Mar 2015.

  • The authorized share capital of Ascent Electrification Engineers Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Ascent Electrification Engineers Private Limited.

    • Kiritkumar Rugnath Sitapara
    • Bharat Mathurbhai Chhabhaya
    • Champaklal Rugnath Sitapara
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ascent Electrification Engineers Private Limited is Plot No 242 Swaminarayan Nagar 1 Opp Ramkrishna Vivekanand Ashram, B/H Ha Lar House India, Jamnagar, Gujarat, 361001.

  • The corporate identification number (CIN) of Ascent Electrification Engineers Private Limited is U74999GJ2015PTC082721 and the company number is 082721 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ascent Electrification Engineers Private Limited is https://www.ascentengrs.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ascent Electrification Engineers Private Limited has risen by 2.23%.

  • As Per 2023 financial reports, 118 employees are currently employed by Ascent Electrification Engineers Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ascent Electrification Engineers Private Limited has experienced an upsurge of 17.35%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ascent Electrification Engineers Private Limited amount to ₹ 5.16 Cr.

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

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