Ascent Yarns Profile
Key Indicators
- Authorised Capital ₹ 4.25 Cr
- Paid Up Capital ₹ 3.43 Cr
- Company Age 21 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 15.57 Cr
- Satisfied Charges ₹ 27.28 Cr
- Revenue Growth -2.02%
- Profit Growth -64.81%
- Ebitda -41.79%
- Net Worth 4.19%
- Total Assets 8.67%
About Ascent Yarns
Ascent Yarns Private Limited (AYPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 June 2003 and has a history of 21 years and seven months. Its registered office is in Ahmedabad, 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 4.25 Cr and a paid-up capital of Rs 3.43 Cr.
The company currently has active open charges totaling ₹15.57 Cr. The company has closed loans amounting to ₹27.28 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vinod Shekhar, Anup Khushu, and Ashvini Shekhar serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17297GJ2003PTC042456
- Company No.
042456
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
03 Jun 2003
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
What products or services does Ascent Yarns Private Limited offer?
Ascent Yarns Private Limited offers a wide range of products and services, including Yarns & Threads, Yarn.
Who are the key members and board of directors at Ascent Yarns?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashvini Shekhar  | Director | 22-Jun-2010 | Current |
| Anup Khushu | Director | 08-Jun-2003 | Current |
Vinod Shekhar  | Director | 06-Aug-2003 | Current |
Financial Performance of Ascent Yarns.
Ascent Yarns Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 2.02% decrease. The company also saw a substantial fall in profitability, with a 64.81% decrease in profit. The company's net worth moved up by a moderate rise of 4.19%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Ascent Yarns?
In 2023, Ascent Yarns 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)
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Global Pacific Nominees(India) Private LimitedVinod Shekhar and Anup Khushu are mutual person
Vibrant Yarns Private LimitedVinod Shekhar is a mutual person
- Fea Electronics Private Limited
Vinod Shekhar and Anup Khushu are mutual person
Charges (Loans)
₹15.57 Cr
₹27.28 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 11.87 Cr
- Others : 2.20 Cr
- Hdfc Bank Limited : 1.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Feb 2021 | Hdfc Bank Limited | ₹1.50 Cr | Open |
| 09 Oct 2020 | Others | ₹2.20 Cr | Open |
| 20 Jul 2011 | State Bank Of India | ₹11.87 Cr | Open |
| 14 Oct 2006 | Corporation Bank | ₹8.80 Cr | Satisfied |
| 30 Jun 2006 | ₹0.41 M | Satisfied |
How Many Employees Work at Ascent Yarns?
Ascent Yarns has a workforce of 89 employees as of Mar 23, 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 Yarns, 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 Yarns'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.
