Ascensio Ventures Private Limited

Travel company providing reservation, management, rental, and holiday services worldwide.

1994 | Bangaluru, Karnataka (India) | Active
Last Updated: January 11, 2025

Ascensio Ventures Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 30 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 4.00 M
  • Revenue Growth 156.39%
  • Profit Growth 98.43%
  • Ebitda 112.49%
  • Net Worth -1.21%
  • Total Assets -13.97%

About Ascensio Ventures

Ascensio Ventures Private Limited (AVPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 March 1994 and has a history of 30 years and 11 months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Terra Cirq Ventures 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 1.00 M and a paid-up capital of Rs 0.10 M.

The company has closed loans amounting to ₹4.00 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Keralapura Parthasarathy and Niranjan Bhargava serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U63040KA1994PTC015351

  • Company No.

    015351

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Mar 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Business Outsourcing
Transport and Logistics
Financial Services

What products or services does Ascensio Ventures Private Limited offer?

Ascensio Ventures Private Limited offers a wide range of products and services, including Tour Packages, Honeymoon Packages, Hotel Bookings, Three Star Hotel, Cultural Tour, International Tour Packages.

Who are the key members and board of directors at Ascensio Ventures?

Executive Team (1)

NameDesignationAppointment DateStatus
Niranjan Bhargava Country flag representing In Managing Director20-Jun-2003Current

Board Members (1)

NameDesignationAppointment DateStatus
Keralapura Parthasarathy Country flag representing In Director 02-Aug-2006Current

Financial Performance of Ascensio Ventures.

Ascensio Ventures Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 156.39% increase. The company also saw a substantial improvement in profitability, with a 98.43% increase in profit. The company's net worth dipped by a decrease of 1.21%.

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
156.39%
Revenue from Operations
319.19%
Total Assets
-13.97%
Profit or Loss
98.43%
Net Worth
-1.21%
EBITDA
112.49%

What is the Ownership and Shareholding Structure of Ascensio Ventures?

In 2022, Ascensio Ventures 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

₹4.00 M

Charges Breakdown by Lending Institutions

  • Canara Bank : 0.40 Cr

Latest Charge Details

DateLenderAmountStatus
27 Aug 2008Canara Bank₹4.00 MSatisfied

How Many Employees Work at Ascensio Ventures?

Unlock and access historical data on people associated with Ascensio Ventures, 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 Ascensio Ventures, 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 Ascensio Ventures'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 Ascensio Ventures

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Ascensio Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge registered on 27 Aug 2008 via Charge ID 10243463 with Canara Bank was fully satisfied on 06 Dec 2017.

    06 Dec 2017

  • Charges

    A charge with Canara Bank amounted to Rs. 4.00 M with Charge ID 10243463 was registered on 27 Aug 2008.

    27 Aug 2008

  • Director Appointment

    Keralapura Raghubalan Parthasarathy was appointed as a Director was appointed as a Director on 02 Aug 2006 & has been associated with this company since 18 years 6 months .

    02 Aug 2006

  • Director Appointment

    Niranjan Sachidananda Bhargava was appointed as a Managing Director was appointed as a Managing Director on 20 Jun 2003 & has been associated with this company since 21 years 8 months .

    20 Jun 2003

Frequently asked questions

  • Ascensio Ventures Private Limited was incorporated on 09 Mar 1994.

  • The authorized share capital of Ascensio Ventures Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Ascensio Ventures Private Limited.

    • Keralapura Raghubalan Parthasarathy
    • Niranjan Sachidananda Bhargava
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ascensio Ventures Private Limited is 2073 East End A Main Road 9Th Block Jayanagar, India, Bangalore, Karnataka, 560041.

  • The corporate identification number (CIN) of Ascensio Ventures Private Limited is U63040KA1994PTC015351 and the company number is 015351 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ascensio Ventures Private Limited is https://www.ascensioventures.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Ascensio Ventures Private Limited has risen by 156.39%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Ascensio Ventures Private Limited has experienced an downturn of -1.21%.

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

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