India's Richest People 2026 edition · 1 director · Source: Hurun India
- #38 Harsh Mariwala & family ₹67,800 Cr
Revenue · FY 2025
₹5.74 Cr
▲ 49% YoY
Net profit · FY 2025
₹42.67 Lakh
Net margin 7.4%
EBITDA · FY 2025
₹44.43 Lakh
EBITDA margin 7.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Ascent India Foundation
Data last updated:
Ascent India Foundation is a private not for profit company based in Mumbai, Maharashtra, India. It operates in the support services segment of the services sector. It was incorporated on 15 June 2015 and has been in existence for over 11 years.
Its director Harsh Mariwala and family are #38 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2015NPL265575. Its GSTIN is 27AANCA6080C1ZP (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Priyanjali Rishabh Mariwala and Archana Harsh Mariwala.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 8th Floor Grande Palladium 175 Cst Road Kalina Santacruz (East), Mumbai, Maharashtra, India – 400098.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.74 Cr, a growth of 49% compared to the previous year. For the same year it recorded a net profit of ₹42.67 Lakh (net margin 7.4%) and EBITDA of ₹44.43 Lakh (EBITDA margin 7.7%). Revenue has grown at a compounded annual rate (CAGR) of 50% over three years and 23% over five years.
The company is associated with 1 brand: ASCENT Foundation.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ascentfoundation.in.
Company details
CIN U74120MH2015NPL265575
Registration Number 265575
Incorporation Date 15 June 2015
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
Key People
Priyanjali Rishabh Mariwala Director Archana Harsh Mariwala Director Harsh Charandas Mariwala Director Recognitions & Rankings of Ascent India Foundation
Contact details
Ascent India Foundation's registered office is in Mumbai, Maharashtra. Its website is ascentfoundation.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address8th Floor Grande Palladium 175 Cst Road Kalina Santacruz (East), Mumbai, Maharashtra, India – 400098
- IndustryService, Other Support Services
To see the full contact details of Ascent India Foundation, buy the company report.
Comprehensive company report
Ascent India Foundation - 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Ascent India Foundation operates one associated brand: ASCENT Foundation. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Entrepreneurial support through peer networking and resource sharing services. | ascentfoundation.in |
Business activity
The main business activity of Ascent India Foundation is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Ascent India Foundation, buy the company report.
Financials of Ascent India Foundation
FY 2025 filings availableAscent India Foundation reported revenue of ₹5.74 Cr (up 49% YoY) for FY 2025.
Revenue · FY 2025
₹5.74 Cr ▲ 49%
Net profit · FY 2025
₹42.67 Lakh margin 7.4%
EBITDA · FY 2025
₹44.43 Lakh margin 7.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 49%
3 years · compounded
▲ 50%
5 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▲ 186%
3 years · compounded
▲ 178%
5 years · compounded
▲ 49%
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 49% growth in the latest year. EBITDA rose 186% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹44.43 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹42.67 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.7% | ||||
| Net Profit Margin | 7.4% | ||||
| 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 Ascent India Foundation, buy the company report.
Board of directors of Ascent India Foundation
Ascent India Foundation has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Priyanjali Rishabh Mariwala Also directs: Aqua Centric Private Limited, Primari Green Foundation | Director | 19 Feb 2024 | 2 Years 8 Months | Current |
| Archana Harsh Mariwala | Director | 15 Jun 2015 | 11 Years 5 Months | Current |
| Harsh Charandas Mariwala Also directs: Sharrp Ventures Capital Private Limited, Aqua Centric Private Limited, Harsh Mariwala Enterprises LLP and 5 more | Director | 15 Jun 2015 | 11 Years 5 Months | Current |
Peer comparison
Ascent India Foundation is compared with the 10 companies closest to it by revenue in the same principal business activity (other support services to organizations), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Yogayatan Constructions Private Limited | ₹5.75 Cr (FY 2025) | -30.0% | Mumbai, Maharashtra, India | |||
| K Sons Projects Private Limited | ₹5.75 Cr (FY 2025) | -8.0% | Rajouri Garden, Delhi, India | |||
| TSSS Infotech and Infra Private Limited | ₹5.75 Cr (FY 2024) | -24.0% | Hyderabad, Telangana, India | |||
| Sprintpark Technology & Marketing Private Limited | ₹5.74 Cr (FY 2022) | -55.0% | New Delhi, Delhi, India | |||
| Chrome Coaters Private Limited | ₹5.74 Cr (FY 2024) | 122.0% | Bhorakalan, Haryana, India | |||
| Ascent India Foundationthis company | ₹5.74 Cr (FY 2025) | ₹42.67 Lakh | 7.4% | 49.0% | Mumbai, Maharashtra, India | |
| Superseva Services Private Limited | ₹5.73 Cr (FY 2024) | -20.0% | Bangalore, Karnataka, India | |||
| Agm Infra Solutions Private Limited | ₹5.73 Cr (FY 2025) | 22.0% | Hyderabad, Telangana, India | |||
| Indiska India Export Services Private Limited | ₹5.73 Cr (FY 2025) | -4.0% | New Delhi, Delhi, India | |||
| Alpha2omega Administrators Private Limited | ₹5.73 Cr (FY 2025) | -28.0% | Bangalore, Karnataka, India | |||
| Jigsan Shipping Private Limited | ₹5.72 Cr (FY 2025) | -22.0% | Marshaghai, Odisha, India |
To see the full peer comparison of Ascent India Foundation, buy the company report.
Auditor
Ascent India Foundation is audited by N A SHAH ASSOCIATES LLP for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N A SHAH ASSOCIATES LLP | FY 2020 | 116560W |
Shareholding
The shareholding of Ascent India Foundation is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ascent India Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Ascent India Foundation are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ascent India Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ascent India Foundation has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AANCA6080C1ZP | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ascent India Foundation, buy the company report.
Recent activity
Ascent India Foundation has 5 board changes on record since 2015: 3 appointments and 2 cessations. The latest: Priyanjali Rishabh Mariwala ceased to be Additional Director on 29 Sep 2024.
AGM
Ascent India Foundation last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ascent India Foundation has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Priyanjali Rishabh Mariwala ceased to be Additional Director.
Appointed
Priyanjali Rishabh Mariwala was appointed as Director.
Ceased
Rajiv Chandrakant Doshi ceased to be Additional Director.
Appointed
Archana Harsh Mariwala was appointed as Director.
Appointed
Harsh Charandas Mariwala was appointed as Director.
Incorporation
15 Jun 2015
Ascent India Foundation was registered on 15 Jun 2015 with Roc Mumbai I & aged 11 years 5 months as per MCA records.
Frequently asked questions
Ascent India Foundation is an active private not for profit company based in Mumbai, Maharashtra, India. The company works in other support services, within the service industry. It was incorporated on 15 June 2015 (11+ years old) and is registered under CIN U74120MH2015NPL265575.
Ascent India Foundation has 3 current directors:
- Priyanjali Rishabh Mariwala - Director
- Archana Harsh Mariwala - Director
- Harsh Charandas Mariwala - Director
The latest financial statements of Ascent India Foundation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Ascent India Foundation is 27AANCA6080C1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ascent India Foundation is U74120MH2015NPL265575. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ascent India Foundation was incorporated on 15 June 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ascent India Foundation by revenue are Yogayatan Constructions Private Limited, K Sons Projects Private Limited, TSSS Infotech and Infra Private Limited, Sprintpark Technology & Marketing Private Limited, Chrome Coaters Private Limited and 5 more, all in the same principal business activity (other support services to organizations).
Priyanjali Rishabh Mariwala ceased to be Additional Director on 29 Sep 2024. Priyanjali Rishabh Mariwala was appointed as Director on 19 Feb 2024. Rajiv Chandrakant Doshi ceased to be Additional Director on 29 Sep 2017. Ascent India Foundation has 5 board changes on record in total.
Ascent India Foundation can be reached through the website ascentfoundation.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Ascent India Foundation is at 8th Floor Grande Palladium 175 Cst Road Kalina Santacruz East, Mumbai, Maharashtra, India – 400098.
Ascent India Foundation operates in the service industry, in the other support services segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages