Ascentech Engineering Solutions Profile
Key Indicators
- Authorised Capital ₹ 1.10 Cr
- Paid Up Capital ₹ 1.03 Cr
- Company Age 12 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 7.89 Cr
- Revenue Growth 42.98%
- Profit Growth 783.68%
- Ebitda 885.26%
- Net Worth 374.74%
- Total Assets -26.40%
About Ascentech Engineering Solutions
Ascentech Engineering Solutions Private Limited (AESPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 September 2012 and has a history of 12 years and four months. Its registered office is in Hyderabad, Telangana, India.
The Company is engaged in the Engineering 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 1.10 Cr and a paid-up capital of Rs 1.03 Cr.
The company currently has active open charges totaling ₹7.89 Cr.
Srinivasa Dasari, Prasad Pasam, Vasudeva Prasad, and Two other members serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U31503TG2012PTC083247
- Company No.
083247
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
24 Sep 2012
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
What products or services does Ascentech Engineering Solutions Private Limited offer?
Ascentech Engineering Solutions Private Limited offers a wide range of products and services, including Prefabricated Houses & Structures, Prefabricated Shed, Cold Storage System, Cold Storage Rooms, Portable Cabins, Cold Rooms, Prefabricated Cabin, Office Containers, Prefabricated Houses, Equipment Enclosures.
Who are the key members and board of directors at Ascentech Engineering Solutions?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Suresh Ravi  | Additional Director | 27-Dec-2023 | Current |
| Kondamadugula Reddy | Director | 24-Sep-2012 | Current |
| Srinivasa Dasari | Additional Director | Current | |
| Prasad Pasam | Additional Director | Current | |
Vasudeva Prasad  | Additional Director | Current |
Financial Performance of Ascentech Engineering Solutions.
Ascentech Engineering Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 42.98% increase. The company also saw a substantial improvement in profitability, with a 783.68% increase in profit. The company's net worth Soared by an impressive increase of 374.74%.
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What is the Ownership and Shareholding Structure of Ascentech Engineering Solutions?
In 2023, Ascentech Engineering 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)
Cenerg Global Tools Private LimitedSrinivasa Dasari is a mutual person
Bairisons Agro India Private LimitedPrasad Pasam is a mutual person
Apeiron Healthcare Private LimitedSrinivasa Dasari is a mutual person
Pes Engineers Private LimitedVasudeva Prasad and Suresh Ravi are mutual person
Fores Tubular Private LimitedSrinivasa Dasari is a mutual person
- Saws Drilltech Private Limited
Srinivasa Dasari is a mutual person
Charges (Loans)
₹7.89 Cr
₹0
Charges Breakdown by Lending Institutions
- Others : 7.89 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Jun 2024 | Others | ₹2.00 Cr | Open |
| 12 Jul 2016 | Others | ₹5.89 Cr | Open |
How Many Employees Work at Ascentech Engineering Solutions?
Ascentech Engineering Solutions has a workforce of 32 employees as of Aug 20, 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 Ascentech Engineering 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 Ascentech Engineering 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.
