Ascon Travel Private Limited

Travel company offering domestic and international tour packages, hotel and air ticket booking, and more.

1995 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 03, 2024

Ascon Travel Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.85 Cr
  • Company Age 29 Year, 5 Months
  • Last Filing with ROC 31 Mar 2022
  • Satisfied Charges ₹ 2.53 Cr
  • Revenue Growth -47.74%
  • Profit Growth 72.01%
  • Ebitda 72.70%
  • Net Worth -165.20%
  • Total Assets -20.91%

About Ascon Travel

Ascon Travel Private Limited (ATPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 August 1995 and has a history of 29 years and five months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Transport And Logistics Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.85 Cr.

The company has closed loans amounting to ₹2.53 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Mahamed Zabeer and Hameed Zabeer serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U93090TN1995PTC032727

  • Company No.

    032727

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Aug 1995

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Transport and Logistics

What products or services does Ascon Travel Private Limited offer?

Ascon Travel Private Limited offers a wide range of products and services, including Tour Operators and Travel Agents, Tour Packages, Travel Service, Insurance Agents and Services, Insurance Service, Event Management Services, Meetings Management Services, Holiday Packages, Car Rental, Outstation Car Rental.

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

Board Members (2)

NameDesignationAppointment DateStatus
Mahamed Zabeer Country flag representing In Director 27-Sep-1996Current
Hameed Zabeer Country flag representing In Director 01-Feb-2016Current

Financial Performance of Ascon Travel.

Ascon Travel Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 47.74% decrease. The company also saw a substantial improvement in profitability, with a 72.01% increase in profit. The company's net worth observed a substantial decline by a decrease of 165.2%.

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
-47.74%
Revenue from Operations
-46.82%
Total Assets
-20.91%
Profit or Loss
72.01%
Net Worth
-165.20%
EBITDA
72.70%

What is the Ownership and Shareholding Structure of Ascon Travel?

In 2019, Ascon Travel 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

₹2.53 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 2.50 Cr
  • Sundaram Finance Ltd. : 0.03 Cr

Latest Charge Details

DateLenderAmountStatus
24 May 2010Hdfc Bank Limited₹1.25 CrSatisfied
24 May 2010Hdfc Bank Limited₹1.25 CrSatisfied
28 Jul 2005Sundaram Finance Ltd.₹0.31 MSatisfied

How Many Employees Work at Ascon Travel?

Ascon Travel has a workforce of 4 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ascon Travel, 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 Travel'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 Travel

Recent activity within the organization

  • Annual General Meeting

    Ascon Travel Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Ascon Travel Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Chennai.

    31 Mar 2022

  • Charges

    A charge registered on 28 Jul 2005 via Charge ID 90289490 with Sundaram Finance Ltd. was fully satisfied on 26 Jun 2017.

    26 Jun 2017

  • Charges

    A charge registered on 24 May 2010 via Charge ID 10223459 with Hdfc Bank Limited was fully satisfied on 15 Jun 2017.

    15 Jun 2017

  • Charges

    A charge registered on 24 May 2010 via Charge ID 10227728 with Hdfc Bank Limited was fully satisfied on 15 Jun 2017.

    15 Jun 2017

  • Director Appointment

    Hameed Abdul Cader Najeeba Zabeer was appointed as a Director was appointed as a Director on 01 Feb 2016 & has been associated with this company since 8 years 11 months .

    01 Feb 2016

Frequently asked questions

  • Ascon Travel Private Limited was incorporated on 28 Aug 1995.

  • The authorized share capital of Ascon Travel Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.85 Cr.

  • Currently 2 directors are associated with Ascon Travel Private Limited.

    • Mahamed Zabeer
    • Hameed Abdul Cader Najeeba Zabeer
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ascon Travel Private Limited is No.154/155, M.K.M Chambers Kodambakkam India, Chennai-34, Tamil Nadu, 600034.

  • The corporate identification number (CIN) of Ascon Travel Private Limited is U93090TN1995PTC032727 and the company number is 032727 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ascon Travel Private Limited is https://www.ascontravel.com

  • According to the financial reports for the fiscal year 2019, the revenue trend for Ascon Travel Private Limited has fallen by -47.74%.

  • As Per 2019 financial reports, 4 employees are currently employed by Ascon Travel Private Limited.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Ascon Travel Private Limited has experienced an downturn of -165.20%.

  • The most recent Balance Sheet for Ascon Travel Private Limited was filed with the ROC on 31 Mar 2022.

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