Ascon Infratech Profile
Key Indicators
- Authorised Capital ₹ 4.20 Cr
- Paid Up Capital ₹ 4.20 Cr
- Company Age 14 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 99.18 Cr
- Satisfied Charges ₹ 65.33 Cr
- Revenue Growth 47.17%
- Profit Growth 20.58%
- Ebitda 13.34%
- Net Worth 11.67%
- Total Assets 15.29%
About Ascon Infratech
Ascon Infratech Private Limited (AIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 March 2010 and has a history of 14 years and 11 months. Its registered office is in Betul, Madhya Pradesh, 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 2024. It's a company limited by shares with an authorized capital of Rs 4.20 Cr and a paid-up capital of Rs 4.20 Cr.
The company currently has active open charges totaling ₹99.18 Cr. The company has closed loans amounting to ₹65.33 Cr, as per Ministry of Corporate Affairs (MCA) records.
Baijants Yadav, Amit Yadav, and Nitin Yadav serve as directors at the Company.
Company Details
- Location
Betul, Madhya Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U45200MP2010PTC023238
- Company No.
023238
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
18 Mar 2010
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Gwalior
Industry
Who are the key members and board of directors at Ascon Infratech?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nitin Yadav  | Managing Director | 01-Oct-2019 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Amit Yadav | Director | 18-Mar-2010 | Current |
| Baijants Yadav | Director | 18-Mar-2010 | Current |
Financial Performance of Ascon Infratech.
Ascon Infratech Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 47.17% increase. The company also saw a substantial improvement in profitability, with a 20.58% increase in profit. The company's net worth Soared by an impressive increase of 11.67%.
- Key Matrics
- Balance Sheet
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- Cash Flow
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What is the Ownership and Shareholding Structure of Ascon Infratech?
In 2023, Ascon Infratech 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)
Sharvil Infraspace LlpBaijants Yadav and Nitin Yadav are mutual person
Charges (Loans)
₹99.18 Cr
₹65.33 Cr
Charges Breakdown by Lending Institutions
- Others : 81.03 Cr
- Hdfc Bank Limited : 14.66 Cr
- Axis Bank Limited : 3.49 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Aug 2024 | Hdfc Bank Limited | ₹1.08 Cr | Open |
| 12 Aug 2024 | Hdfc Bank Limited | ₹2.68 M | Open |
| 12 Aug 2024 | Hdfc Bank Limited | ₹3.40 M | Open |
| 12 Aug 2024 | Hdfc Bank Limited | ₹3.04 M | Open |
| 12 Aug 2024 | Hdfc Bank Limited | ₹1.67 M | Open |
How Many Employees Work at Ascon Infratech?
Ascon Infratech has a workforce of 17 employees as of Mar 29, 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 Ascon Infratech, 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 Infratech'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.
