Ascent Hr Technologies Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 3.88 Cr
- Company Age 22 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 6.08 Cr
- Satisfied Charges ₹ 23.25 Cr
- Revenue Growth 16.75%
- Profit Growth 17.79%
- Ebitda 17.39%
- Net Worth 14.90%
- Total Assets 24.55%
About Ascent Hr Technologies
Ascent Hr Technologies Private Limited (AHTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 August 2002 and has a history of 22 years and five months. Its registered office is in Bangalore, Karnataka, India.
The Company is engaged in the Business Outsourcing 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 4.00 Cr and a paid-up capital of Rs 3.88 Cr.
The company currently has active open charges totaling ₹6.08 Cr. The company has closed loans amounting to ₹23.25 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ramesh Thomas, Subramanyam Sreenivasaiah, Geeta Lachireddy, and One other member serve as directors at the Company.
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74140KA2002PTC030886
- Company No.
030886
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
13 Aug 2002
- Date of AGM
27 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
What products or services does Ascent Hr Technologies Private Limited offer?
Ascent Hr Technologies Private Limited offers a wide range of products and services, including HR & Payroll Outsourcing Services, Third Party Payroll Service, Company Law & Labour Law Consultants, Statutory Compliance Services.
Who are the key members and board of directors at Ascent Hr Technologies?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Subramanyam Sreenivasaiah  | Managing Director | 13-Aug-2002 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Keshav Chander | Whole-Time Director | 01-Apr-2008 | Current |
| Ramesh Thomas | Director | 07-Apr-2022 | Current |
| Geeta Lachireddy | Whole-Time Director | 13-Aug-2002 | Current |
Financial Performance of Ascent Hr Technologies.
Ascent Hr Technologies Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.75% increase. The company also saw a substantial improvement in profitability, with a 17.79% increase in profit. The company's net worth Soared by an impressive increase of 14.9%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Ascent Hr Technologies?
In 2023, Ascent Hr Technologies had a promoter holding of 85.00% and a public holding of 15.00%. The company had 4 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Lexcare Global Consultants Private LimitedSubramanyam Sreenivasaiah is a mutual person
Equitor Value Advisory Private LimitedRamesh Thomas is a mutual person
Equitor Value Advisory Consulting Private LimitedRamesh Thomas is a mutual person
- Curio Business Services Private Limited
Subramanyam Sreenivasaiah is a mutual person
- Jofin Technologies Private Limited
Geeta Lachireddy is a mutual person
Charges (Loans)
₹6.08 Cr
₹23.25 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 6.08 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Nov 2022 | Hdfc Bank Limited | ₹3.49 M | Open |
| 21 Jul 2022 | Hdfc Bank Limited | ₹3.88 M | Open |
| 19 Apr 2022 | Hdfc Bank Limited | ₹3.62 M | Open |
| 30 Mar 2017 | Hdfc Bank Limited | ₹7.22 M | Open |
| 28 Feb 2017 | Hdfc Bank Limited | ₹3.41 M | Open |
How Many Employees Work at Ascent Hr Technologies?
Ascent Hr Technologies has a workforce of 658 employees as of Apr 04, 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 Hr Technologies, 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 Hr Technologies'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.
