Ascent Hotels Profile
Key Indicators
- Authorised Capital ₹ 130.00 Cr
as on 17-07-2024
- Paid Up Capital ₹ 127.80 Cr
as on 17-07-2024
- Company Age 19 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 668.16 Cr
as on 17-07-2024
- Satisfied Charges ₹ 538.35 Cr
as on 17-07-2024
- Revenue 168.69%
(FY 2023)
- Profit 31.01%
(FY 2023)
- Ebitda 663.01%
(FY 2023)
- Net Worth -29.67%
(FY 2023)
- Total Assets -2.47%
(FY 2023)
About Ascent Hotels
The Company is engaged in the Travel And Hospitality 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 130.00 Cr and a paid-up capital of Rs 127.80 Cr.
The company currently has active open charges totaling ₹668.16 Cr. The company has closed loans amounting to ₹538.35 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Ascent Hotels Private Limited India is Nikita Bhura as COMPANY SECRETARY. Vasudevan Ramamoorthy, Krishan Dhawan, Rajat Mehra, and One other member serve as directors at the Company.
- CIN/LLPIN
U55101MH2005PTC154475
- Company No.
154475
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
05 Jul 2005
- Date of AGM
24 Aug 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Ascent Hotels?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nikita Bhura | Company Secretary | 01-Jan-2023 | Current |
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajat Mehra  | Director | 05-Feb-2016 | Current |
| Krishan Dhawan | Director | 17-Mar-2023 | Current |
| Vasudevan Ramamoorthy | Director | 12-Mar-2008 | Current |
| Tanya Chakravarty | Director | 04-Dec-2019 | Current |
Financial Performance and Corporate Structure Insights of Ascent Hotels.
Ascent Hotels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 168.69% increase. The company also saw a substantial improvement in profitability, with a 31.01% increase in profit. The company's net worth observed a substantial decline by a decrease of 29.67%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Ascent Hotels?
In 2023, Ascent Hotels had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Cherry Construction Private LimitedActive 22 years 10 monthsVasudevan Ramamoorthy is a mutual person
- Samhi Jv Business Hotels Private LimitedActive 13 years 10 months
Rajat Mehra and Tanya Chakravarty are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 26 Mar 2024 | ₹227.00 Cr | Open |
Others Creation Date: 25 Aug 2022 | ₹22.60 Cr | Open |
Others Creation Date: 01 Jun 2022 | ₹23.60 Cr | Open |
How Many Employees Work at Ascent Hotels?
Ascent Hotels has a workforce of 0 employees as of Apr 01, 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 Hotels, 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 Hotels'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.
