Ascendancy Technologies Private Limited

Ascendancy Technologies Private Limited - events and entertainment in Thane, Maharashtra, India. FY 2026 financials & compliance.
CIN U72900MH2016PTC280953 Incorporated 11 May 2016 ROC Mumbai HQ Thane, Maharashtra, India
Active Private Limited Company events and entertainment MSME · Micro
Revenue · FY 2025
₹41.07 Lakh
▼ 59% YoY
Net profit · FY 2025
₹2.1 Lakh
Net margin 5.1%
EBITDA · FY 2025
₹3.96 Lakh
EBITDA margin 9.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
Active GSTINs
2
GST registered

About Ascendancy Technologies Private Limited

Data last updated:

Ascendancy Technologies Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the event planning and management segment of the events and entertainment sector. It was incorporated on 11 May 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2016PTC280953. Its GSTIN is 27AAOCA3697E1ZB (Maharashtra). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kishore Zaver Chand Bazaria and Hetal Shah.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Thane, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹41.07 Lakh, a decline of 59% compared to the previous year. For the same year it recorded a net profit of ₹2.1 Lakh (net margin 5.1%) and EBITDA of ₹3.96 Lakh (EBITDA margin 9.6%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 11% over five years.

Ascendancy Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0111566). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U72900MH2016PTC280953
Registration Number 280953
Incorporation Date 11 May 2016
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0111566

Recognitions & Rankings of Ascendancy Technologies

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-33-0111566

Contact details

Ascendancy Technologies Private Limited's registered office is in Thane, Maharashtra. Its e-mail address is in the company report.

  • Email
  • Social Media
  • Registered Address
    301 Shree Aashirwad Chs S No. 57 H No 1/A(P) Plot No.3 Pandurangwadi D, Ombivli E, Thane, Maharashtra, India – 421201
  • Industry
    Events and Entertainment, Event Planning & Management

To see the full contact details of Ascendancy Technologies Private Limited, buy the company report.

Comprehensive company report
Ascendancy Technologies Private Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of Ascendancy Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communication62Computer programming, consultancy and related activities

To see the full business activity and turnover split of Ascendancy Technologies Private Limited, buy the company report.

Financials of Ascendancy Technologies Private Limited

FY 2024 filings available

Ascendancy Technologies Private Limited reported revenue of ₹41.07 Lakh (down 59% YoY) for FY 2025.

Revenue · FY 2025
₹41.07 Lakh ▼ 59%
Net profit · FY 2025
₹2.1 Lakh margin 5.1%
EBITDA · FY 2025
₹3.96 Lakh margin 9.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 59%
3 years · compounded
▼ 14%
5 years · compounded
▼ 11%
EBITDA CAGR growth
1 year
▼ 76%
3 years · compounded
▼ 35%
5 years · compounded
▲ 28%

Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 59% fall in the latest year. EBITDA fell 76% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹3.96 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.1 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin9.6%
Net Profit Margin5.1%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Ascendancy Technologies Private Limited, buy the company report.

Board of directors of Ascendancy Technologies Private Limited

Ascendancy Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Kishore Zaver Chand BazariaDirector05 Apr 20179 Years 7 MonthsCurrent
Hetal ShahDirector11 May 201610 Years 6 MonthsCurrent

Auditor

Ascendancy Technologies Private Limited is audited by R MEHTA & ASSOCIATES for the financial year 2021.

Auditor firmFinancial yearFirm registration number
R MEHTA & ASSOCIATESFY 2021143992W

Shareholding

The shareholding of Ascendancy Technologies Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2019FY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Ascendancy Technologies Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Ascendancy Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Ascendancy Technologies has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
27AAOCA3697E1ZBMaharashtraActive01 Jul 2017
29AAOCA3697E1Z7KarnatakaActive25 Mar 2018

To see the full GST registrations and return filing status of Ascendancy Technologies Private Limited, buy the company report.

Recent activity

Ascendancy Technologies Private Limited has 3 board changes on record since 2016: 2 appointments and 1 cessation. The latest: Harshada Raghunath Desai ceased to be Director on 18 Apr 2017.

AGM
Ascendancy Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Ascendancy Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Harshada Raghunath Desai ceased to be Director.
Appointed
Kishore Zaver Chand Bazaria was appointed as Director.
Appointed
Hetal Shah was appointed as Director.
Incorporation
11 May 2016
Ascendancy Technologies Private Limited was registered on 11 May 2016 with Roc Mumbai & aged 10 years 6 months as per MCA records.

Frequently asked questions

Ascendancy Technologies is an active private limited company based in Thane, Maharashtra, India. The company works in event planning and management, within the events and entertainment industry. It was incorporated on 11 May 2016 (10+ years old) and is registered under CIN U72900MH2016PTC280953.

Ascendancy Technologies has 2 current directors:

The latest financial statements of Ascendancy Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.

The GSTIN of Ascendancy Technologies is 27AAOCA3697E1ZB, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAOCA3697E1Z7 (Karnataka).

The CIN (Corporate Identification Number) of Ascendancy Technologies is U72900MH2016PTC280953. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ascendancy Technologies was incorporated on 11 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.

Harshada Raghunath Desai ceased to be Director on 18 Apr 2017. Kishore Zaver Chand Bazaria was appointed as Director on 05 Apr 2017. Hetal Shah was appointed as Director on 11 May 2016.

Yes, Ascendancy Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0111566).

The registered office of Ascendancy Technologies is at 301 Shree Aashirwad Chs S No. 57 H No 1AP Plot No.3 Pandurangwadi D, Ombivli E, Thane, Maharashtra, India – 421201.

Ascendancy Technologies operates in the events and entertainment industry, in the event planning and management segment.