Ascent Vincom Private Limited
About Ascent Vincom Private Limited
Data last updated:
Ascent Vincom Private Limited was a private limited company based in Varanasi, Uttar Pradesh, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 18 March 2011.
The company was registered with the Registrar of Companies (ROC), Kanpur, under CIN U52190UP2011PTC095355.
The company had an authorised share capital of ₹1.2 Lakh and a paid-up capital of ₹1.15 Lakh. It was led by directors Amit Jain and Mohit Jain.
Its last annual general meeting (AGM) was held on 28 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Plot No – 322 Beside B.N.Sikha Ma Mandir Maa Vaishno Chandpur Lahartara Varana Chandpur(Ind), Varanasi, Uttar Pradesh, India – 221010.
As per the financials filed for FY 2019, the company reported a revenue of ₹4.48 Lakh, a decline of 36% compared to the previous year. For the same year it recorded a net profit of ₹33,194 (net margin 7.4%) and EBITDA of ₹45,466 (EBITDA margin 10.2%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years.
Company details
CIN history
Ascent Vincom has one previous CIN (Corporate Identification Number): U52190WB2011PTC160963. The current CIN is U52190UP2011PTC095355, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52190UP2011PTC095355 | Current |
| U52190WB2011PTC160963 | Previous |
Contact details
Ascent Vincom Private Limited's registered office is in Varanasi, Uttar Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No – 322 Beside B.N.Sikha Ma Mandir Maa Vaishno Chandpur Lahartara Varana Chandpur(Ind), Varanasi, Uttar Pradesh, India – 221010
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Ascent Vincom Private Limited, buy the company report.
- 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
Business activity
The main business activity of Ascent Vincom is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Ascent Vincom Private Limited, buy the company report.
Financials of Ascent Vincom Private Limited
FY 2019 filings availableAscent Vincom Private Limited reported revenue of ₹4.48 Lakh (down 36% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over three years, including a 36% fall in the latest year. EBITDA rose 7% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹45,466 | ||||
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| Net Profit (PAT) | ₹33,194 | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.2% | ||||
| Net Profit Margin | 7.4% | ||||
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To see the full financial statements and ratios of Ascent Vincom Private Limited, buy the company report.
Board of directors of Ascent Vincom Private Limited
Ascent Vincom has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Jain | Director | 10 Jul 2017 | 9 Years 3 Months | As last reported |
| Mohit Jain | Director | 10 Jul 2017 | 9 Years 3 Months | As last reported |
Peer comparison
Ascent Vincom Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Seema Creations Private Limited | ₹4.5 Lakh (FY 2016) | 650.0% | Delhi, India | |||
| Beverly Enterprise Private Limited | ₹4.48 Lakh (FY 2018) | 152.0% | Chennai, Tamil Nadu, India | |||
| Ascent Vincom Private Limitedthis company | ₹4.48 Lakh (FY 2019) | ₹33,194 | 7.4% | -36.0% | Varanasi, Uttar Pradesh, India | |
| Mikaya Brands Private Limited | ₹4.47 Lakh (FY 2024) | -73.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Ascent Vincom Private Limited, buy the company report.
Auditor
Ascent Vincom Private Limited is audited by SUNIL KUMAR AGRAWAL & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUNIL KUMAR AGRAWAL & ASSOCIATES | FY 2017 | 323133E |
Shareholding
The shareholding of Ascent Vincom Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ascent Vincom Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ascent Vincom Private Limited 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 Vincom Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Ascent Vincom has 2 associated companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Ascent Vincom Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ascent Vincom Private Limited has 12 board changes on record since 2012: 2 appointments and 10 cessations. The latest: Amit Jain ceased to be Additional Director on 30 Sep 2017.
3 earlier events are in the company report.
Frequently asked questions
Ascent Vincom has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Ascent Vincom was a private limited company based in Varanasi, Uttar Pradesh, India. The company worked in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 18 March 2011 and is registered under CIN U52190UP2011PTC095355. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Ascent Vincom was incorporated on 18 March 2011. It is registered with the Registrar of Companies, Kanpur.
Ascent Vincom had 2 directors:
- Amit Jain - Director
- Mohit Jain - Director
The CIN (Corporate Identification Number) of Ascent Vincom is U52190UP2011PTC095355. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Ascent Vincom is at Plot No – 322 Beside B.N.Sikha Ma Mandir Maa Vaishno Chandpur Lahartara Varana ChandpurInd, Varanasi, Uttar Pradesh, India – 221010.
The latest financial statements of Ascent Vincom on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 28 September 2019. Year-wise statements from 2015 are in the company report.
Ascent Vincom operated in the home and lifestyle industry, in the textile retail and distribution segment.
The peers of Ascent Vincom by revenue are Seema Creations Private Limited, Beverly Enterprise Private Limited, Mikaya Brands Private Limited, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (retail trading).
Amit Jain ceased to be Additional Director on 30 Sep 2017. Mohit Jain ceased to be Additional Director on 30 Sep 2017. Bajrangi Kumar Dubey ceased to be Additional Director on 17 Jul 2017. Ascent Vincom has 12 board changes on record in total.
The compliance status of Ascent Vincom is compliant as of 08 September 2026.