Ascent Staffing Solutions Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.10 M
- Company Age 16 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.07 Cr
- Satisfied Charges ₹ 6.00 Cr
- Revenue Growth -4.49%
- Profit Growth 27.88%
- Ebitda 32.77%
- Net Worth 39.45%
- Total Assets 26.68%
About Ascent Staffing Solutions
Ascent Staffing Solutions Private Limited (ASSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 May 2008 and has a history of 16 years and ten months. Its registered office is in Bangaluru, Karnataka, India.
The Corporate was formerly known as Ascent Technovations (India) Private Limited. The Company is engaged in the Business Outsourcing 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 ₹3.07 Cr. The company has closed loans amounting to ₹6.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Subramanyam Sreenivasaiah, Geeta Lachireddy, Keshav Chander, and One other member serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74910KA2008PTC046624
- Company No.
046624
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
30 May 2008
- Date of AGM
27 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Business Outsourcing
Ascent Staffing Solutions Private Limited
Explore comprehensive data for Ascent Staffing Solutions Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Ascent Staffing Solutions?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Subramanyam Sreenivasaiah  | Director | 30-May-2008 | Current |
| Keshav Chander | Director | 13-Sep-2013 | Current |
| Geeta Lachireddy | Director | 30-May-2008 | Current |
| Surendra Arava | Director | 13-Oct-2017 | Current |
Financial Performance of Ascent Staffing Solutions.
Ascent Staffing Solutions Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 4.49% decrease. The company also saw a substantial improvement in profitability, with a 27.88% increase in profit. The company's net worth Soared by an impressive increase of 39.45%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Ascent Staffing Solutions?
In 2023, Ascent Staffing Solutions 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)
Lexcare Global Consultants Private LimitedSubramanyam Sreenivasaiah is a mutual person
Wealth Junction Consultants Private LimitedSurendra Arava is a mutual person
Curio Business Services Private LimitedSubramanyam Sreenivasaiah and Surendra Arava are mutual person
- Jofin Technologies Private Limited
Geeta Lachireddy and Surendra Arava are mutual person
- Krieger Hydraulik Private Limited
Surendra Arava is a mutual person
Charges (Loans)
Open Charges
₹30.68 M
Satisfied Charges
₹60.00 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 3.07 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Nov 2014 | Hdfc Bank Limited | ₹3.07 Cr | Open |
| 23 Apr 2018 | Hdfc Bank Limited | ₹1.50 Cr | Satisfied |
| 03 Feb 2014 | Citibank N. A. | ₹4.50 Cr | Satisfied |
How Many Employees Work at Ascent Staffing Solutions?
Ascent Staffing Solutions has a workforce of 3559 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 Staffing Solutions, 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 Staffing Solutions'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.
Latest Updates, News, and FAQs on Ascent Staffing Solutions
Recent activity within the organization
- Annual General Meeting
Ascent Staffing Solutions Private Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.
- Balance Sheet
Ascent Staffing Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
- Charges
A charge registered on 23 Apr 2018 via Charge ID 100173024 with Hdfc Bank Limited was fully satisfied on 04 Mar 2021.
- Charges
A charge with Hdfc Bank Limited of Rs. 30.68 M registered on 18 Nov 2014 with Charge ID 10540909 was modified on 04 Mar 2021.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 15.00 M with Charge ID 100173024 was registered on 23 Apr 2018.
- Director Appointment
Surendra Arava was appointed as a Director was appointed as a Director on 13 Oct 2017 & has been associated with this company since 7 years 5 months .
Frequently asked questions
What is the Incorporation or founding date of Ascent Staffing Solutions Private Limited?
Ascent Staffing Solutions Private Limited was incorporated on 30 May 2008.
What is authorized share capital and paid-up capital of Ascent Staffing Solutions Private Limited?
The authorized share capital of Ascent Staffing Solutions Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Ascent Staffing Solutions Private Limited?
Currently 4 directors are associated with Ascent Staffing Solutions Private Limited.
- Subramanyam Sreenivasaiah
- Geeta Lachireddy
- Keshav Chander
- Surendra Arava
What is the registered address of Ascent Staffing Solutions Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Ascent Staffing Solutions Private Limited is Maruthi Chambers Main Building 3Rd Floor Survey No.17/ 4C 9C Roopena Agrahara Hosur Roa D, India, Bangalore, Karnataka, 560068.
What is the corporate identification number (CIN) and company number of Ascent Staffing Solutions Private Limited?
The corporate identification number (CIN) of Ascent Staffing Solutions Private Limited is U74910KA2008PTC046624 and the company number is 046624 as per Ministry of Corporate Affairs (MCA).
What is the official website of Ascent Staffing Solutions Private Limited?
The Official website of Ascent Staffing Solutions Private Limited is https://www.ascenthrstaffing.com
What has been the recent revenue trend for Ascent Staffing Solutions Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Ascent Staffing Solutions Private Limited has fallen by -4.49%.
How many employees does Ascent Staffing Solutions Private Limited currently have?
As Per 2023 financial reports, 3559 employees are currently employed by Ascent Staffing Solutions Private Limited.
What change has been observed in the net worth of Ascent Staffing Solutions Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Ascent Staffing Solutions Private Limited has experienced an upsurge of 39.45%.
What are the total open charges for Ascent Staffing Solutions Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Ascent Staffing Solutions Private Limited amount to ₹ 3.07 Cr.
When was the last Balance Sheet of Ascent Staffing Solutions Private Limited filed with the ROC?
The most recent Balance Sheet for Ascent Staffing Solutions Private Limited was filed with the ROC on 31 Mar 2023.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records