Ascent Plastics Pvt Ltd

Manufactures PVC fittings such as end caps, ball valves, and industrial mixers since 1989.

1989 | Vadodara, Gujarat (India) | Active
Last Updated: December 20, 2024

Ascent Plastics Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.77 M
  • Company Age 35 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 6.00 M
  • Revenue Growth -74.63%
  • Profit Growth 2.25%
  • Ebitda 82.56%
  • Net Worth -2.06%
  • Total Assets -2.39%

About Ascent Plastics

Ascent Plastics Pvt Ltd (APPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 November 1989 and has a history of 35 years and two months. Its registered office is in Vadodara, Gujarat, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 1.77 M.

The company has closed loans amounting to ₹6.00 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Vijaya Mundhra and Gourishankar Mundhra serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25200GJ1989PTC013018

  • Company No.

    013018

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Nov 1989

  • Date of AGM

    25 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

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

Board Members (2)

Name Designation Appointment Date Status
Vijaya Mundhra Country flag representing In Director 20-Nov-1989 Current
Gourishankar Mundhra Country flag representing In Director 03-Jan-2006 Current

Financial Performance of Ascent Plastics.

Ascent Plastics Pvt Ltd, for the financial year ended 2022, experienced significant reduction in revenue, with a 74.63% decrease. The company also saw a slight improvement in profitability, with a 2.25% increase in profit. The company's net worth dipped by a decrease of 2.06%.

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
-74.63%
Revenue from Operations
Total Assets
-2.39%
Profit or Loss
2.25%
Net Worth
-2.06%
EBITDA
82.56%

What is the Ownership and Shareholding Structure of Ascent Plastics?

In 2021, Ascent Plastics 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

₹0

Satisfied Charges

₹6.00 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.60 Cr

Latest Charge Details

Date Lender Amount Status
11 Jun 2015 Hdfc Bank Limited ₹3.00 M Satisfied
06 Jun 2015 Hdfc Bank Limited ₹3.00 M Satisfied

How Many Employees Work at Ascent Plastics?

Unlock and access historical data on people associated with Ascent Plastics, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Ascent Plastics Pvt Ltd last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.

    25 Sep 2024

  • Balance Sheet

    Ascent Plastics Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge registered on 11 Jun 2015 via Charge ID 10573675 with Hdfc Bank Limited was fully satisfied on 19 Feb 2018.

    19 Feb 2018

  • Charges

    A charge registered on 06 Jun 2015 via Charge ID 10573846 with Hdfc Bank Limited was fully satisfied on 19 Feb 2018.

    19 Feb 2018

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 3.00 M with Charge ID 10573675 was registered on 11 Jun 2015.

    11 Jun 2015

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 3.00 M with Charge ID 10573846 was registered on 06 Jun 2015.

    06 Jun 2015

Frequently asked questions

  • Ascent Plastics Pvt Ltd was incorporated on 20 Nov 1989.

  • The authorized share capital of Ascent Plastics Pvt Ltd is ₹ 2.00 M and paid-up capital is ₹ 1.77 M.

  • Currently 2 directors are associated with Ascent Plastics Pvt Ltd.

    • Vijaya Mundhra
    • Gourishankar Mundhra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ascent Plastics Pvt Ltd is Plot No. 6/2/10 G.I.D.C Por Ramangamdi, India, Vadodara, Gujarat, 391243.

  • The corporate identification number (CIN) of Ascent Plastics Pvt Ltd is U25200GJ1989PTC013018 and the company number is 013018 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Ascent Plastics Pvt Ltd has fallen by -74.63%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Ascent Plastics Pvt Ltd has experienced an downturn of -2.06%.

  • The most recent Balance Sheet for Ascent Plastics Pvt Ltd was filed with the ROC on 31 Mar 2024.