Ascon Auto Private Limited

Manufacturer of automobile engines, parts, and accessories for various auto components and equipment.

2012 | Rajkot, Gujarat (India) | Active
Last Updated: December 17, 2024

Ascon Auto Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 12 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 5.62 M
  • Revenue Growth 93.55%
  • Profit Growth 178.72%
  • Ebitda 177.45%
  • Net Worth 10.23%
  • Total Assets 45.03%

About Ascon Auto

Ascon Auto Private Limited (AAPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 March 2012 and has a history of 12 years and 11 months. Its registered office is in Rajkot, Gujarat, India.

The Company is engaged in the Automotive 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 2.50 M and a paid-up capital of Rs 2.50 M.

The company has closed loans amounting to ₹5.62 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Manishkumar Patel, Vinodbhai Bhalodi, Sunilkumar Vaishnani, and One other member serve as directors at the Company.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U34102GJ2012PTC069278

  • Company No.

    069278

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Mar 2012

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Automotive

What products or services does Ascon Auto Private Limited offer?

Ascon Auto Private Limited offers a wide range of products and services, including Engine Components, Connecting Rod.

Who are the key members and board of directors at Ascon Auto?

Board Members (4)

Name Designation Appointment Date Status
Manishkumar Patel Country flag representing In Director 28-Mar-2012 Current
Vinodbhai Bhalodi Country flag representing In Director 28-Mar-2012 Current
Sunilkumar Vaishnani Country flag representing In Director 03-Mar-2012 Current
Sanjay Pipaliya Country flag representing In Director 03-Mar-2012 Current

Financial Performance of Ascon Auto.

Ascon Auto Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 93.55% increase. The company also saw a substantial improvement in profitability, with a 178.72% increase in profit. The company's net worth Soared by an impressive increase of 10.23%.

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
93.55%
Revenue from Operations
93.33%
Total Assets
45.03%
Profit or Loss
178.72%
Net Worth
10.23%
EBITDA
177.45%

What is the Ownership and Shareholding Structure of Ascon Auto?

In 2022, Ascon Auto 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

₹5.62 M

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 0.56 Cr

Latest Charge Details

Date Lender Amount Status
03 Oct 2012 Indian Overseas Bank ₹5.62 M Satisfied

How Many Employees Work at Ascon Auto?

Unlock and access historical data on people associated with Ascon Auto, 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 Ascon Auto, 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 Ascon Auto'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 Ascon Auto

Recent activity within the organization

  • Annual General Meeting

    Ascon Auto Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Ascon Auto Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge registered on 03 Oct 2012 via Charge ID 10383697 with Indian Overseas Bank was fully satisfied on 07 Mar 2017.

    07 Mar 2017

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 5.62 M with Charge ID 10383697 was registered on 03 Oct 2012.

    03 Oct 2012

  • Director Appointment

    Manishkumar Chhaganbhai Patel was appointed as a Director was appointed as a Director on 28 Mar 2012 & has been associated with this company since 12 years 10 months .

    28 Mar 2012

  • Director Appointment

    Vinodbhai Goradhanbhai Bhalodi was appointed as a Director was appointed as a Director on 28 Mar 2012 & has been associated with this company since 12 years 10 months .

    28 Mar 2012

Frequently asked questions

  • Ascon Auto Private Limited was incorporated on 03 Mar 2012.

  • The authorized share capital of Ascon Auto Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Currently 4 directors are associated with Ascon Auto Private Limited.

    • Manishkumar Chhaganbhai Patel
    • Vinodbhai Goradhanbhai Bhalodi
    • Sunilkumar Bhimjibhai Vaishnani
    • Sanjay Ramjibhai Pipaliya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ascon Auto Private Limited is Plot No. 6 Survey 187 B/H. Charbhuja Food, India, Veraval Shapar, Gujarat, 360002.

  • The corporate identification number (CIN) of Ascon Auto Private Limited is U34102GJ2012PTC069278 and the company number is 069278 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Ascon Auto Private Limited has risen by 93.55%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Ascon Auto Private Limited has experienced an upsurge of 10.23%.

  • The most recent Balance Sheet for Ascon Auto Private Limited was filed with the ROC on 31 Mar 2024.