Ascent Finechem Private Limited

Manufacturer and supplier of fine and specialty chemicals for pharmaceutical and cosmetic industries.

1993 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Ascent Finechem Profile

Key Indicators

  • Authorised Capital ₹ 9.60 M
  • Paid Up Capital ₹ 4.22 M
  • Company Age 31 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 15.00 Cr
  • Revenue Growth 12.59%
  • Profit Growth 12.37%
  • Ebitda -6.02%
  • Net Worth 21.18%
  • Total Assets 21.38%

About Ascent Finechem

Ascent Finechem Private Limited (AFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 April 1993 and has a history of 31 years and 11 months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Anil Dyestuff Private Limited. The Company is engaged in the Chemicals And Materials 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 9.60 M and a paid-up capital of Rs 4.22 M.

The company currently has active open charges totaling ₹15.00 Cr.

Anilkumar Jain and Yashvardhan Jain serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24231GJ1993PTC019297

  • Company No.

    019297

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Apr 1993

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Chemicals and Materials

What products or services does Ascent Finechem Private Limited offer?

Ascent Finechem Private Limited offers a wide range of products and services, including Cosmetics, Hair & Beauty Products, Cosmetic Raw Material, Industrial Chemicals & Supplies, Chemical Compound, Aroma Chemicals, Cresol, Para Cresol, Fragrance Chemicals, Methyl Phenyl Acetate, Phenylacetic Acid.

Company report

Ascent Finechem Private Limited

Explore comprehensive data for Ascent Finechem Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Anilkumar Jain Country flag representing In Managing Director21-Jan-2016Current

Board Members (1)

NameDesignationAppointment DateStatus
Yashvardhan Jain Country flag representing In Director 16-Oct-2021Current

Financial Performance of Ascent Finechem.

Ascent Finechem Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.59% increase. The company also saw a substantial improvement in profitability, with a 12.37% increase in profit. The company's net worth Soared by an impressive increase of 21.18%.

Ascent Finechem revenue growth over time
Ascent Finechem 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
12.59%
Revenue from Operations
8.11%
Total Assets
21.38%
Profit or Loss
12.37%
Net Worth
21.18%
EBITDA
-6.02%

What is the Ownership and Shareholding Structure of Ascent Finechem?

In 2023, Ascent Finechem had a promoter holding of 94.88% and a public holding of 5.12%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹150.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Kotak Mahindra Bank Limited : 15.00 Cr

Latest Charge Details

DateLenderAmountStatus
03 Mar 2012Kotak Mahindra Bank Limited₹7.50 CrOpen
28 Feb 2012Kotak Mahindra Bank Limited₹7.50 CrOpen

How Many Employees Work at Ascent Finechem?

Ascent Finechem has a workforce of 26 employees as of Apr 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.

Employee growth trends for Ascent Finechem Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ascent Finechem, 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 Finechem'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 Finechem

Recent activity within the organization

  • Annual General Meeting

    Ascent Finechem Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Ascent Finechem Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

  • Director Appointment

    Yashvardhan Jain was appointed as a Director was appointed as a Director on 16 Oct 2021 & has been associated with this company since 3 years 5 months .

  • Director Appointment

    Anilkumar Mithalal Jain was appointed as a Managing Director was appointed as a Managing Director on 21 Jan 2016 & has been associated with this company since 9 years 2 months .

  • Charges

    A charge with Kotak Mahindra Bank Limited amounted to Rs. 75.00 M with Charge ID 10349719 was registered on 03 Mar 2012.

  • Charges

    A charge with Kotak Mahindra Bank Limited amounted to Rs. 75.00 M with Charge ID 10349276 was registered on 28 Feb 2012.

Frequently asked questions

  • What is the Incorporation or founding date of Ascent Finechem Private Limited?

    Ascent Finechem Private Limited was incorporated on 16 Apr 1993.

  • What is authorized share capital and paid-up capital of Ascent Finechem Private Limited?

    The authorized share capital of Ascent Finechem Private Limited is ₹ 9.60 M and paid-up capital is ₹ 4.22 M.

  • Who are the current board members & directors of Ascent Finechem Private Limited?

    Currently 2 directors are associated with Ascent Finechem Private Limited.

    • Anilkumar Mithalal Jain
    • Yashvardhan Jain

  • What is the registered address of Ascent Finechem Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ascent Finechem Private Limited is 11SuryarathGroundfloorOpp.WhtehousePanchvatiEllisebridge, Ahmedabad, Gujarat, India, 380006.

  • What is the corporate identification number (CIN) and company number of Ascent Finechem Private Limited?

    The corporate identification number (CIN) of Ascent Finechem Private Limited is U24231GJ1993PTC019297 and the company number is 019297 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Ascent Finechem Private Limited?

    The Official website of Ascent Finechem Private Limited is https://www.ascentfinechem.com

  • What has been the recent revenue trend for Ascent Finechem Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Ascent Finechem Private Limited has risen by 12.59%.

  • How many employees does Ascent Finechem Private Limited currently have?

    As Per 2023 financial reports, 26 employees are currently employed by Ascent Finechem Private Limited.

  • What change has been observed in the net worth of Ascent Finechem Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Ascent Finechem Private Limited has experienced an upsurge of 21.18%.

  • What are the total open charges for Ascent Finechem Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Ascent Finechem Private Limited amount to ₹ 15.00 Cr.

  • When was the last Balance Sheet of Ascent Finechem Private Limited filed with the ROC?

    The most recent Balance Sheet for Ascent Finechem Private Limited was filed with the ROC on 31 Mar 2023.

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