Ascent Equipments Private Limited

Manufactures process equipment such as hydro-power equipment, pressure vessels, heat exchangers, and storage tanks.

2017 | Vadodara, Gujarat (India) | Active
Last Updated: December 19, 2024

Ascent Equipments Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 7 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.01 M
  • Satisfied Charges ₹ 4.10 Cr
  • Revenue Growth -67.16%
  • Profit Growth -127.63%
  • Ebitda 270.68%
  • Net Worth -10.84%
  • Total Assets -9.12%

About Ascent Equipments

Ascent Equipments Private Limited (AEPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 June 2017 (Seven years and seven months 16 days old ). Its registered office is in Vadodara, Gujarat, India.

The Company is engaged in the Machinery And Equipment 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 1.00 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹3.01 M. The company has closed loans amounting to ₹4.10 Cr, as per Ministry of Corporate Affairs (MCA) records.

Apurva Shah, Rashmika Shah, and Vinodkumar Shah serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29190GJ2017PTC098026

  • Company No.

    098026

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Jun 2017

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Ascent Equipments Private Limited offer?

Ascent Equipments Private Limited offers a wide range of products and services, including Gas Storage Tank, Cylindrical Tanks, Heat Exchangers, Pressure Vessels.

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

Board Members (3)

Name Designation Appointment Date Status
Rashmika Shah Country flag representing In Director 25-Jun-2017 Current
Apurva Shah Country flag representing In Director 25-Jun-2017 Current
Vinodkumar Shah Country flag representing In Director 25-Jun-2017 Current

Financial Performance of Ascent Equipments.

Ascent Equipments Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 67.16% decrease. The company also saw a substantial fall in profitability, with a 127.63% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.84%.

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
-67.16%
Revenue from Operations
-42.67%
Total Assets
-9.12%
Profit or Loss
-127.63%
Net Worth
-10.84%
EBITDA
270.68%

What is the Ownership and Shareholding Structure of Ascent Equipments?

In 2022, Ascent Equipments 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

₹3.01 M

Satisfied Charges

₹40.99 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.30 Cr

Latest Charge Details

Date Lender Amount Status
01 Jan 2024 Hdfc Bank Limited ₹2.01 M Open
13 Apr 2021 Hdfc Bank Limited ₹1.00 M Open
04 Mar 2020 Others ₹4.17 M Satisfied
14 Sep 2019 Others ₹4.83 M Satisfied
26 Sep 2017 Others ₹3.20 Cr Satisfied

How Many Employees Work at Ascent Equipments?

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

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Charges

    A charge registered on 04 Mar 2020 via Charge ID 100347691 with Others was fully satisfied on 04 Sep 2024.

    04 Sep 2024

  • Charges

    A charge registered on 14 Sep 2019 via Charge ID 100301298 with Others was fully satisfied on 04 Sep 2024.

    04 Sep 2024

  • Balance Sheet

    Ascent Equipments 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 Hdfc Bank Limited amounted to Rs. 2.01 M with Charge ID 100851817 was registered on 01 Jan 2024.

    01 Jan 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.00 M with Charge ID 100451040 was registered on 13 Apr 2021.

    13 Apr 2021

Frequently asked questions

  • Ascent Equipments Private Limited was incorporated on 25 Jun 2017.

  • The authorized share capital of Ascent Equipments Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

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

    • Apurva Vinodkumar Shah
    • Rashmika Vinodkumar Shah
    • Vinodkumar Chandulal Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ascent Equipments Private Limited is Plot No.408, Gidc Estate At.Ranoli Baroda India, Vadodara, Gujarat, 391350.

  • The corporate identification number (CIN) of Ascent Equipments Private Limited is U29190GJ2017PTC098026 and the company number is 098026 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ascent Equipments Private Limited is https://www.ascentequipments.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Ascent Equipments Private Limited has fallen by -67.16%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Ascent Equipments Private Limited has experienced an downturn of -10.84%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Ascent Equipments Private Limited amount to ₹ 3.01 M.

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

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