Ascent Meditech Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
as on 07-07-2024
- Paid Up Capital ₹ 1.20 Cr
as on 07-07-2024
- Company Age 12 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 92.43 Cr
as on 07-07-2024
- Satisfied Charges ₹ 35.73 Cr
as on 07-07-2024
- Revenue 15.13%
(FY 2023)
- Profit -86.33%
(FY 2023)
- Ebitda 21.59%
(FY 2023)
- Net Worth 0.77%
(FY 2023)
- Total Assets -1.12%
(FY 2023)
About Ascent Meditech
The Company is engaged in the Healthcare 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 3.00 Cr and a paid-up capital of Rs 1.20 Cr.
The company currently has active open charges totaling ₹92.43 Cr. The company has closed loans amounting to ₹35.73 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Ascent Meditech Limited India are Sebastian Kumarakath as CEO and Shyam Krishnan as Cfo. Felix Olale, Vikram Popli, Setu Parikh, and Three other members serve as directors at the Company.
- CIN/LLPIN
U33110GJ2012PLC126535
- Company No.
000404
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
12 Jun 2012
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Dungri, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Ascent Meditech Limited offer?
Ascent Meditech Limited offers a wide range of products and services, including Orthopedic Equipment & Supplies, Upper Body Orthotic Devices, Raw and Processed Leather, Leather Fabric, Surgical & Medical Consumables, Ice Packs, Health Conditions, Pain Relief.
Who are the key members and board of directors at Ascent Meditech?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajiv Mistry  | Managing Director | 12-Jun-2012 | Current |
| Sebastian Kumarakath | CEO | 29-Sep-2023 | Current |
| Shyam Krishnan | CFO | 08-Sep-2021 | Current |
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rajesh Dalal | Director | 21-Aug-2023 | Current |
| Setu Parikh | Director | 16-Aug-2017 | Current |
Felix Olale  | Nominee Director | 18-Mar-2021 | Current |
| Vikram Popli | Nominee Director | 29-Jun-2021 | Current |
| Ajaykumar Shah | Director | 12-Jun-2012 | Current |
Financial Performance and Corporate Structure Insights of Ascent Meditech.
Ascent Meditech Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.13% increase. The company also saw a substantial fall in profitability, with a 86.33% decrease in profit. The company's net worth moved up by a moderate rise of 0.77%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Ascent Meditech?
In 2023, Ascent Meditech had a promoter holding of 41.33% and a public holding of 58.67%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
The Hongkong And Shanghai Banking Corporation Limited Creation Date: 31 Oct 2022 | ₹10.00 Cr | Open |
Hdfc Bank Limited Creation Date: 06 May 2021 | ₹34.25 Cr | Open |
Axis Bank Limited Creation Date: 03 Oct 2019 | ₹47.58 Cr | Open |
How Many Employees Work at Ascent Meditech?
Ascent Meditech has a workforce of 1384 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 Meditech, 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 Meditech'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.
