Ascent Hotels Private Limited

Luxury hotel management and marketing services, operated by Jatia Group and Vascon Engineers Limited.

2005 | Mumbai, Maharashtra (India) | Active
Last Updated:

Ascent Hotels Profile

Key Indicators

  • Authorised Capital ₹ 130.00 Cr
  • Paid Up Capital ₹ 127.80 Cr
  • Company Age 19 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 244.22 Cr
  • Satisfied Charges ₹ 977.29 Cr
  • Revenue Growth 168.69%
  • Profit Growth 31.01%
  • Ebitda 663.01%
  • Net Worth -29.67%
  • Total Assets -2.47%

About Ascent Hotels

Ascent Hotels Private Limited (AHPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 July 2005 and has a history of 19 years and seven months. Its registered office is in Mumbai, Maharashtra, India.

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 ₹244.22 Cr. The company has closed loans amounting to ₹977.29 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.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    samhi.co.in

  • Social Media
    -

Corporate Identity Details

  • 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

Travel and Hospitality

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

Executive Team (1)

NameDesignationAppointment DateStatus
Nikita Bhura Company Secretary01-Jan-2023Current

Board Members (4)

NameDesignationAppointment DateStatus
Rajat Mehra Country flag representing In Director 05-Feb-2016Current
Krishan Dhawan Country flag representing In Director 17-Mar-2023Current
Vasudevan Ramamoorthy Country flag representing In Director 12-Mar-2008Current
Tanya Chakravarty Country flag representing In Director 04-Dec-2019Current

Financial Performance 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%.

Ascent Hotels revenue growth over time
Ascent Hotels 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
168.69%
Revenue from Operations
169.41%
Total Assets
-2.47%
Profit or Loss
31.01%
Net Worth
-29.67%
EBITDA
663.01%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹244.22 Cr

Satisfied Charges

₹977.29 Cr

Charges Breakdown by Lending Institutions

  • Others : 242.00 Cr
  • Corporation Bank : 2.22 Cr

Latest Charge Details

DateLenderAmountStatus
09 May 2024Others₹15.00 CrOpen
26 Mar 2024Others₹227.00 CrOpen
16 Mar 2016Corporation Bank₹2.22 CrOpen
25 Aug 2022Others₹22.60 CrSatisfied
01 Jun 2022Others₹23.60 CrSatisfied

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.

Employee growth trends for Ascent Hotels Private Limited

Deals i

Graph showing company valuation over time

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

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 Hotels

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 15.00 Cr registered on 09 May 2024 with Charge ID 100931744 was modified on 07 Jun 2024.

  • Charges

    A charge with Others of Rs. 227.00 Cr registered on 26 Mar 2024 with Charge ID 100894021 was modified on 07 Jun 2024.

  • Charges

    A charge registered on 25 Aug 2022 via Charge ID 100603689 with Others was fully satisfied on 13 May 2024.

  • Charges

    A charge registered on 29 Jan 2022 via Charge ID 100530405 with Others was fully satisfied on 13 May 2024.

  • Charges

    A charge registered on 05 Feb 2016 via Charge ID 100025603 with Others was fully satisfied on 13 May 2024.

  • Charges

    A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100931744 was registered on 09 May 2024.

Frequently asked questions

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

    Ascent Hotels Private Limited was incorporated on 05 Jul 2005.

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

    The authorized share capital of Ascent Hotels Private Limited is ₹ 130.00 Cr and paid-up capital is ₹ 127.80 Cr.

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

    Currently 5 directors are associated with Ascent Hotels Private Limited.

    • Vasudevan Ramamoorthy
    • Krishan Dhawan
    • Rajat Mehra
    • Nikita Bhura
    • Tanya Chakravarty

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

    As per Ministry of Corporate Affairs (Mca), the registered address of Ascent Hotels Private Limited is B -7 Om Parshwanath Apartments Desai And Sheth Nagar, Sai Baba Orivali(W) India, Mumbai, Maharashtra, 400092.

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

    The corporate identification number (CIN) of Ascent Hotels Private Limited is U55101MH2005PTC154475 and the company number is 154475 as per Ministry of Corporate Affairs (MCA).

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

    The Official website of Ascent Hotels Private Limited is https://www.samhi.co.in

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Ascent Hotels Private Limited has risen by 168.69%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Ascent Hotels Private Limited has experienced an downturn of -29.67%.

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

    As per the financial statements for fiscal Year 2023, The total open charges for Ascent Hotels Private Limited amount to ₹ 244.22 Cr.

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

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

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