Ascendion Digital Solutions Private Limited

Provides IT staffing solutions to various industries and organizations on temporary or permanent basis.

1998 | Vadodara, Gujarat (India) | Active
Last Updated:

Ascendion Digital Solutions Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.31 Cr
  • Company Age 26 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 42.50 Cr
  • Satisfied Charges ₹ 30.60 Cr
  • Revenue Growth 13.70%
  • Profit Growth -70.05%
  • Ebitda -186.05%
  • Net Worth 0.92%
  • Total Assets 28.35%

About Ascendion Digital Solutions

Ascendion Digital Solutions Private Limited (ADSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 November 1998 and has a history of 26 years and five months. Its registered office is in Vadodara, Gujarat, India.

The Corporate was formerly known as Collabera Technologies Asia Private Limited. The Company is engaged in the Business Outsourcing 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 3.00 Cr and a paid-up capital of Rs 2.31 Cr.

The company currently has active open charges totaling ₹42.50 Cr. The company has closed loans amounting to ₹30.60 Cr, as per Ministry of Corporate Affairs (MCA) records.

Chintan Patel, Mirang Shah, and Kushal Kothari serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U62099GJ1998PTC035036

  • Company No.

    035036

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Nov 1998

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Business Outsourcing

What products or services does Ascendion Digital Solutions Private Limited offer?

Ascendion Digital Solutions Private Limited offers a wide range of products and services, including Database Management, Data Warehousing Service, IT Solutions, Application Maintenance Service, HR & Manpower Recruitment Solutions, IT Recruitment Consultancy, HR Consulting & Advisory, Human Resource Management.

Company report

Ascendion Digital Solutions Private Limited

Explore comprehensive data for Ascendion Digital Solutions Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Ascendion Digital Solutions?

Board Members (3)

NameDesignationAppointment DateStatus
Chintan Patel Country flag representing In Director 21-Feb-2017Current
Mirang Shah Country flag representing In Director 13-Jan-2024Current
Kushal Kothari Director 06-Aug-2024Current

Financial Performance of Ascendion Digital Solutions.

Collabera Technologies Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.7% increase. The company also saw a substantial fall in profitability, with a 70.05% decrease in profit. The company's net worth moved up by a moderate rise of 0.92%.

Ascendion Digital Solutions revenue growth over time
Ascendion Digital Solutions 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
13.70%
Revenue from Operations
12.78%
Total Assets
28.35%
Profit or Loss
-70.05%
Net Worth
0.92%
EBITDA
-186.05%

What is the Ownership and Shareholding Structure of Ascendion Digital Solutions?

In 2023, Ascendion Digital 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹42.50 Cr

Satisfied Charges

₹30.60 Cr

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 30.00 Cr
  • Axis Bank Limited : 12.50 Cr

Latest Charge Details

DateLenderAmountStatus
18 Dec 2023The Hongkong And Shanghai Banking Corporation Limited₹30.00 CrOpen
07 Nov 2020Axis Bank Limited₹12.50 CrOpen
02 Nov 2020Others₹20.00 CrSatisfied
30 Oct 2019Hdfc Bank Limited₹10.00 CrSatisfied
20 Dec 2016Others₹6.00 MSatisfied

How Many Employees Work at Ascendion Digital Solutions?

Ascendion Digital Solutions has a workforce of 2400 employees as of Jul 06, 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.

Employee growth trends for Ascendion Digital Solutions Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ascendion Digital 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 Ascendion Digital Solutions'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 Ascendion Digital Solutions

Recent activity within the organization

  • Annual General Meeting

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

  • Director Appointment

    Kushal Devendra Kothari was appointed as a Director was appointed as a Director on 06 Aug 2024 & has been associated with this company since 8 months 24 days .

  • Charges

    A charge registered on 02 Nov 2020 via Charge ID 100390396 with Others was fully satisfied on 18 Jul 2024.

  • Balance Sheet

    Ascendion Digital Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Director Appointment

    Mirang Pravinchandra Shah was appointed as a Director was appointed as a Director on 13 Jan 2024 & has been associated with this company since 1 year 3 months .

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 30.00 Cr with Charge ID 100844552 was registered on 18 Dec 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Ascendion Digital Solutions Private Limited?

    Ascendion Digital Solutions Private Limited was incorporated on 26 Nov 1998.

  • What is authorized share capital and paid-up capital of Ascendion Digital Solutions Private Limited?

    The authorized share capital of Ascendion Digital Solutions Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.31 Cr.

  • Who are the current board members & directors of Ascendion Digital Solutions Private Limited?

    Currently 3 directors are associated with Ascendion Digital Solutions Private Limited.

    • Chintan Ishwarbhai Patel
    • Mirang Pravinchandra Shah
    • Kushal Devendra Kothari

  • What is the registered address of Ascendion Digital Solutions Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ascendion Digital Solutions Private Limited is Collabera House 3Rd Floor Nxt To Satyanarayan Party Plot Gotri- Sevasi Road, Gotri Vi Llage India, Vadodara, Gujarat, 390021.

  • What is the corporate identification number (CIN) and company number of Ascendion Digital Solutions Private Limited?

    The corporate identification number (CIN) of Ascendion Digital Solutions Private Limited is U62099GJ1998PTC035036 and the company number is 035036 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Ascendion Digital Solutions Private Limited?

    The Official website of Ascendion Digital Solutions Private Limited is https://www.collabera.co.in

  • What has been the recent revenue trend for Ascendion Digital Solutions Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Ascendion Digital Solutions Private Limited has risen by 13.70%.

  • How many employees does Ascendion Digital Solutions Private Limited currently have?

    As Per 2023 financial reports, 2400 employees are currently employed by Ascendion Digital Solutions Private Limited.

  • What change has been observed in the net worth of Ascendion Digital Solutions Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Ascendion Digital Solutions Private Limited has experienced an upsurge of 0.92%.

  • What are the total open charges for Ascendion Digital Solutions Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Ascendion Digital Solutions Private Limited amount to ₹ 42.50 Cr.

  • When was the last Balance Sheet of Ascendion Digital Solutions Private Limited filed with the ROC?

    The most recent Balance Sheet for Ascendion Digital Solutions Private Limited was filed with the ROC on 31 Mar 2024.

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