Ascentech Information Technology Private Limited

Founded in 2016 and headquartered in Maharashtra, India.

2016 | Palghar, Maharashtra (India) | Active
Last Updated: July 07, 2024

Ascentech Information Technology Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 3.00 M
  • Company Age 8 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 3.88%
  • Profit Growth 55.18%
  • Ebitda 43.57%
  • Net Worth 55.45%
  • Total Assets 31.04%

About Ascentech Information Technology

Ascentech Information Technology Private Limited (AITPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 13 May 2016 (Eight years and eight months 20 days old ). Its registered office is in Palghar, Maharashtra, India.

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 1.50 Cr and a paid-up capital of Rs 3.00 M, as per Ministry of Corporate Affairs (MCA) records.


Company Details

  • Location

    Palghar, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72900MH2016PTC281049

  • Company No.

    281049

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 May 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Information Technology

What products or services does Ascentech Information Technology Private Limited offer?

Ascentech Information Technology Private Limited offers a wide range of products and services, including Business Planning and Management, Business Consultant, Computer & Mobile Apps Development, Application Development Service, Custom Application Development, Integration Support Service, Systems Integrators, Human Resource Management, Performance Management Services.

Who are the key members and board of directors at Ascentech Information Technology?

Board Members (2)

Name Designation Appointment Date Status
Waman Breed Country flag representing In Director 13-May-2016 Current
Ashutosh Samant Country flag representing In Director 13-May-2016 Current

Financial Performance of Ascentech Information Technology.

Ascentech Information Technology Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 3.88% increase. The company also saw a substantial improvement in profitability, with a 55.18% increase in profit. The company's net worth Soared by an impressive increase of 55.45%.

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
3.88%
Revenue from Operations
3.83%
Total Assets
31.04%
Profit or Loss
55.18%
Net Worth
55.45%
EBITDA
43.57%

What is the Ownership and Shareholding Structure of Ascentech Information Technology?

In 2023, Ascentech Information Technology 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Ascentech Information Technology?

Ascentech Information Technology has a workforce of 181 employees as of Apr 02, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ascentech Information Technology, 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 Information Technology'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 Ascentech Information Technology

Recent activity within the organization

  • Annual General Meeting

    Ascentech Information Technology Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Ascentech Information Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Waman Ramesh Breed was appointed as a Director was appointed as a Director on 13 May 2016 & has been associated with this company since 8 years 8 months .

    13 May 2016

  • Director Appointment

    Ashutosh Vithal Samant was appointed as a Director was appointed as a Director on 13 May 2016 & has been associated with this company since 8 years 8 months .

    13 May 2016

  • Company Incorporation

    Ascentech Information Technology Private Limited was registered on 13 May 2016 with Roc Mumbai & aged 8 years 8 months as per MCA records.

    13 May 2016

Frequently asked questions

  • Ascentech Information Technology Private Limited was incorporated on 13 May 2016.

  • The authorized share capital of Ascentech Information Technology Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 3.00 M.

  • Currently 2 directors are associated with Ascentech Information Technology Private Limited.

    • Waman Ramesh Breed
    • Ashutosh Vithal Samant
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ascentech Information Technology Private Limited is 101 Yashwant Darshan P.P. Marg Virat Nagar Virar-(W) Tal Vasai Dist. Palghar- 401, 303, Maharashtra, India, 401303.

  • The corporate identification number (CIN) of Ascentech Information Technology Private Limited is U72900MH2016PTC281049 and the company number is 281049 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ascentech Information Technology Private Limited is https://www.ascentechindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ascentech Information Technology Private Limited has risen by 3.88%.

  • As Per 2023 financial reports, 181 employees are currently employed by Ascentech Information Technology Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ascentech Information Technology Private Limited has experienced an upsurge of 55.45%.

  • The most recent Balance Sheet for Ascentech Information Technology Private Limited was filed with the ROC on 31 Mar 2023.