Ascent Lifts & Escalators Private Limited

Manufacturer of elevators and escalators with unique designs and high-quality materials.

2012 | Chennai, Tamil Nadu (India) | Active
Last Updated: July 31, 2024

Ascent Lifts & Escalators Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 13 Year, 24 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.95 M
  • Revenue Growth 0.80%
  • Profit Growth 12.21%
  • Ebitda 36.59%
  • Net Worth 21.27%
  • Total Assets 9.51%

About Ascent Lifts & Escalators

Ascent Lifts & Escalators Private Limited (ALEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 January 2012 and has a history of 13 years. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Ascent Elevators (India) Private Limited. The Company is engaged in the Machinery And Equipment 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 0.50 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹4.95 M.

Kovuru Arunachalam and Rajani Subramanyam serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ascentlifts.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29100TN2012PTC084190

  • Company No.

    084190

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Jan 2012

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Machinery and Equipment

What products or services does Ascent Lifts & Escalators Private Limited offer?

Ascent Lifts & Escalators Private Limited offers a wide range of products and services, including Passenger Lifts, Glass Elevator, Stained, Etched & Laminated Glass, Designer Glass, Building Panels & Cladding Materials, Cladding Sheets & Panels, Residential Elevator.

Who are the key members and board of directors at Ascent Lifts & Escalators?

Board Members (2)

NameDesignationAppointment DateStatus
Kovuru Arunachalam Country flag representing In Director 30-Jan-2012Current
Rajani Subramanyam Country flag representing In Director 30-Jan-2012Current

Financial Performance of Ascent Lifts & Escalators.

Ascent Lifts & Escalators Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.8% increase. The company also saw a substantial improvement in profitability, with a 12.21% increase in profit. The company's net worth Soared by an impressive increase of 21.27%.

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
0.80%
Revenue from Operations
0.83%
Total Assets
9.51%
Profit or Loss
12.21%
Net Worth
21.27%
EBITDA
36.59%

What is the Ownership and Shareholding Structure of Ascent Lifts & Escalators?

In 2023, Ascent Lifts & Escalators 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

₹4.95 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Indian Bank : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
30 Dec 2023Indian Bank₹4.95 MOpen

How Many Employees Work at Ascent Lifts & Escalators?

Ascent Lifts & Escalators has a workforce of 49 employees as of Mar 22, 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 Lifts & Escalators, 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 Lifts & Escalators'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 Lifts & Escalators

Recent activity within the organization

  • Charges

    A charge with Indian Bank amounted to Rs. 4.95 M with Charge ID 100846011 was registered on 30 Dec 2023.

    30 Dec 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Ascent Lifts & Escalators Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Kovuru Arunachalam was appointed as a Director was appointed as a Director on 30 Jan 2012 & has been associated with this company since 13 years 24 days .

    30 Jan 2012

  • Director Appointment

    Rajani Chalichimala Subramanyam was appointed as a Director was appointed as a Director on 30 Jan 2012 & has been associated with this company since 13 years 24 days .

    30 Jan 2012

  • Company Incorporation

    Ascent Lifts & Escalators Private Limited was registered on 30 Jan 2012 with Roc Chennai & aged 13 years 24 days as per MCA records.

    30 Jan 2012

Frequently asked questions

  • Ascent Lifts & Escalators Private Limited was incorporated on 30 Jan 2012.

  • The authorized share capital of Ascent Lifts & Escalators Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Ascent Lifts & Escalators Private Limited.

    • Kovuru Arunachalam
    • Rajani Chalichimala Subramanyam
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ascent Lifts & Escalators Private Limited is No. 2A Thiruvalluvar Nagar 3Rd Main Road Thiruvalluvar Nagar Kodungaiyur, Chennai, Tamil Nadu, India, 600118.

  • The corporate identification number (CIN) of Ascent Lifts & Escalators Private Limited is U29100TN2012PTC084190 and the company number is 084190 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ascent Lifts & Escalators Private Limited is https://www.ascentlifts.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ascent Lifts & Escalators Private Limited has risen by 0.80%.

  • As Per 2023 financial reports, 49 employees are currently employed by Ascent Lifts & Escalators Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ascent Lifts & Escalators Private Limited has experienced an upsurge of 21.27%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ascent Lifts & Escalators Private Limited amount to ₹ 4.95 M.

  • The most recent Balance Sheet for Ascent Lifts & Escalators Private Limited was filed with the ROC on 31 Mar 2023.