Ascent Lifts & Escalators Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
as on 31-07-2024
- Paid Up Capital ₹ 0.10 M
as on 31-07-2024
- Company Age 12 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4.95 M
as on 31-07-2024
- Revenue 0.80%
(FY 2023)
- Profit 12.21%
(FY 2023)
- Ebitda 36.59%
(FY 2023)
- Net Worth 21.27%
(FY 2023)
- Total Assets 9.51%
(FY 2023)
About Ascent Lifts & Escalators
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.
- 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
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media-
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kovuru Arunachalam  | Director | 30-Jan-2012 | Current |
| Rajani Subramanyam | Director | 30-Jan-2012 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Surya Elevators Private LimitedActive 19 years 3 monthsKovuru Arunachalam and Rajani Subramanyam are mutual person
Aarve Lift Products Private LimitedActive 10 years 4 monthsKovuru Arunachalam and Rajani Subramanyam are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Indian Bank Creation Date: 30 Dec 2023 | ₹4.95 M | Open |
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.
Deals i
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
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.
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