Ascent Hydro Projects Limited

Electric power generation, distribution, and transmission for various projects in Madhya Pradesh and Himachal Pradesh.

1994 | Mumbai, Maharashtra (India) | Active
Last Updated: December 31, 2024

Ascent Hydro Projects Profile

Key Indicators

  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 18.20 Cr
  • Company Age 30 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 135.08 Cr
  • Revenue Growth -6.00%
  • Profit Growth 75.15%
  • Ebitda -23.35%
  • Net Worth 3.46%
  • Total Assets -1.35%

About Ascent Hydro Projects

Ascent Hydro Projects Limited (AHPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 02 June 1994 and has a history of 30 years and eight months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Energy And Power 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 30.00 Cr and a paid-up capital of Rs 18.20 Cr.

The company has closed loans amounting to ₹135.08 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Aniket Samant, Vikram Rajadhyaksha, Uday Samant, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U11202MH1994PLC150102

  • Company No.

    150102

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    02 Jun 1994

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Energy and Power

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

Executive Team (1)

NameDesignationAppointment DateStatus
Shyam Vaidya Country flag representing In Managing Director25-Oct-2005Current

Board Members (5)

NameDesignationAppointment DateStatus
Aniket Samant Country flag representing In Director 01-Apr-2013Current
Vikram Rajadhyaksha Country flag representing Us Director 20-Dec-2004Current
Uday Samant Country flag representing In Director 20-Dec-2004Current
Apeksha Samant Country flag representing In Additional Director 01-Apr-2008Current
Shashikant Desai Country flag representing In Additional Director 01-Apr-2017Current

Financial Performance of Ascent Hydro Projects.

Ascent Hydro Projects Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 6% decrease. The company also saw a substantial improvement in profitability, with a 75.15% increase in profit. The company's net worth moved up by a moderate rise of 3.46%.

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
-6.00%
Revenue from Operations
-12.33%
Total Assets
-1.35%
Profit or Loss
75.15%
Net Worth
3.46%
EBITDA
-23.35%

What is the Ownership and Shareholding Structure of Ascent Hydro Projects?

In 2021, Ascent Hydro Projects had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹135.08 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India (As Security Agent) : 125.81 Cr
  • Indian Renewable Energy Development Agency Ltd. : 8.49 Cr
  • Indian Renewavle Energy Deveopment Agency Ltd. : 0.77 Cr

Latest Charge Details

DateLenderAmountStatus
12 Jan 2008State Bank Of India (As Security Agent)₹63.18 CrSatisfied
27 Nov 2006State Bank Of India (As Security Agent)₹62.64 CrSatisfied
14 Jan 2005Indian Renewavle Energy Deveopment Agency Ltd.₹7.70 MSatisfied
26 Jun 2002Indian Renewable Energy Development Agency Ltd.₹8.49 CrSatisfied

How Many Employees Work at Ascent Hydro Projects?

Ascent Hydro Projects has a workforce of 62 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Ascent Hydro Projects Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 12 Jan 2008 via Charge ID 10082159 with State Bank Of India (As Security Agent) was fully satisfied on 21 Dec 2021.

    21 Dec 2021

  • Charges

    A charge registered on 27 Nov 2006 via Charge ID 10062117 with State Bank Of India (As Security Agent) was fully satisfied on 21 Dec 2021.

    21 Dec 2021

  • Director Appointment

    Shashikant Bhikajirao Desai was appointed as a Additional Director was appointed as a Additional Director on 01 Apr 2017 & has been associated with this company since 7 years 10 months .

    01 Apr 2017

  • Director Appointment

    Aniket Uday Samant was appointed as a Director was appointed as a Director on 01 Apr 2013 & has been associated with this company since 11 years 10 months .

    01 Apr 2013

Frequently asked questions

  • Ascent Hydro Projects Limited was incorporated on 02 Jun 1994.

  • The authorized share capital of Ascent Hydro Projects Limited is ₹ 30.00 Cr and paid-up capital is ₹ 18.20 Cr.

  • Currently 6 directors are associated with Ascent Hydro Projects Limited.

    • Aniket Uday Samant
    • Vikram Vithal Rajadhyaksha
    • Uday Anand Samant
    • Shyam Vaidya
    • Apeksha Uday Samant
    • Shashikant Bhikajirao Desai
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ascent Hydro Projects Limited is 6 Shiv-Wastu Tejpal Schemeroad No.5 Vile Parle (E), India, Mumbai, Maharashtra, 400057.

  • The corporate identification number (CIN) of Ascent Hydro Projects Limited is U11202MH1994PLC150102 and the company number is 150102 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Ascent Hydro Projects Limited has fallen by -6.00%.

  • As Per 2021 financial reports, 62 employees are currently employed by Ascent Hydro Projects Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Ascent Hydro Projects Limited has experienced an upsurge of 3.46%.

  • The most recent Balance Sheet for Ascent Hydro Projects Limited was filed with the ROC on 31 Mar 2023.

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