Ascent Networks Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 5.00 M
- Company Age 32 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 25.99 Cr
- Satisfied Charges ₹ 0.90 M
- Revenue Growth 2.20%
- Profit Growth -23.19%
- Ebitda -2.32%
- Net Worth 17.29%
- Total Assets 14.55%
About Ascent Networks
Ascent Networks Private Limited (ANPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 June 1992 and has a history of 32 years and seven months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Bubna Electronics Private Limited. The Company is engaged in the Information Technology 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 5.00 M and a paid-up capital of Rs 5.00 M.
The company currently has active open charges totaling ₹25.99 Cr. The company has closed loans amounting to ₹0.90 M, as per Ministry of Corporate Affairs (MCA) records.
Ajaykumar Bubna and Rheetu Bubna serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U32109MH1992PTC067462
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Company No.
067462
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
29 Jun 1992
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
What products or services does Ascent Networks Private Limited offer?
Ascent Networks Private Limited offers a wide range of products and services, including Battery Repair & Maintenance Service, UPS Maintenance, Fire Alarm Systems, Fire Detection Systems, Networking Solutions, Computer Hardware & Network Support, Computer Repair & Maintenance Services, Cabling Service, Structured Cabling Solutions, Computer and Networking Solutions.
Who are the key members and board of directors at Ascent Networks?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ajaykumar Bubna
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Director | 29-Jun-1992 | Current |
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Rheetu Bubna
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Director | 01-Aug-2008 | Current |
Financial Performance of Ascent Networks.
Ascent Networks Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.2% increase. The company also saw a substantial fall in profitability, with a 23.19% decrease in profit. The company's net worth Soared by an impressive increase of 17.29%.
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What is the Ownership and Shareholding Structure of Ascent Networks?
In 2023, Ascent Networks had a promoter holding of 99.80% and a public holding of 0.20%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹259.90 M
₹0.90 M
Charges Breakdown by Lending Institutions
- Bank Of India : 25.99 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Oct 2023 | Bank Of India | ₹4.25 Cr | Open |
| 14 Feb 2022 | Bank Of India | ₹2.40 M | Open |
| 07 Sep 2006 | Bank Of India | ₹21.50 Cr | Open |
| 11 Jul 2000 | State Bank Of Bikaner And Jaipur | ₹0.90 M | Satisfied |
How Many Employees Work at Ascent Networks?
Ascent Networks has a workforce of 60 employees as of Apr 07, 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 Networks, 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 Networks'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.
