MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0089513
Asc Power Private Limited - energy and power in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹36.47 Cr
▼ 23% YoY
Net profit · FY 2025
₹1.57 Cr
Net margin 4.3%
EBITDA · FY 2025
₹3.93 Cr
EBITDA margin 10.8%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹15.19 Cr
Satisfied ₹14.35 Cr
Company age
15 yrs
Est. 2011
Employees · EPFO
397
Provident fund records
About Asc Power Private Limited
Data last updated:
Asc Power Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the power epc segment of the energy and power sector. It was incorporated on 16 May 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40300MH2011PTC217529. Its GSTIN is 27AAJCA4724D2ZV (Maharashtra). The company holds 6 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Kapil Jeetendra Kothari and Jeetendra Multanmal Kothari.
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 239/8 Kothari House Yusuf Palace L J Road Shivaji Park Mahim, Mumbai, Maharashtra, India – 400016.
As per the financials filed for FY 2025, the company reported a revenue of ₹36.47 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹1.57 Cr (net margin 4.3%) and EBITDA of ₹3.93 Cr (EBITDA margin 10.8%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 19% over five years.
The company has about 397 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15.19 Cr and satisfied charges of ₹14.35 Cr on record. Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it; 5 cases are pending.
Asc Power Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0089513). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ascpower.in.
Company details
CIN U40300MH2011PTC217529
Registration Number 217529
Incorporation Date 16 May 2011
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0089513
Recognitions & Rankings of Asc Power
Contact details
Asc Power Private Limited's registered office is in Mumbai, Maharashtra. Its website is ascpower.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address239/8 Kothari House Yusuf Palace L J Road Shivaji Park Mahim, Mumbai, Maharashtra, India – 400016
- IndustryEnergy and Power, Power EPC, BoP & BTG Services
To see the full contact details of Asc Power Private Limited, buy the company report.
Comprehensive company report
Asc Power 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 Asc Power is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Asc Power Private Limited, buy the company report.
Financials of Asc Power Private Limited
FY 2024 filings availableAsc Power Private Limited reported revenue of ₹36.47 Cr (down 23% YoY) for FY 2025.
Revenue · FY 2025
₹36.47 Cr ▼ 23%
Net profit · FY 2025
₹1.57 Cr margin 4.3%
EBITDA · FY 2025
₹3.93 Cr margin 10.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 23%
3 years · compounded
▲ 32%
5 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▼ 10%
3 years · compounded
▲ 38%
5 years · compounded
▲ 14%
Revenue fell 23% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 19%. EBITDA fell 10% 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 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹3.93 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.57 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.8% | ||||
| Net Profit Margin | 4.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| 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 Asc Power Private Limited, buy the company report.
Board of directors of Asc Power Private Limited
Asc Power has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kapil Jeetendra Kothari Also directs: Avishkar Infra Realty Limited | Director | 16 May 2011 | 15 Years 5 Months | Current |
| Jeetendra Multanmal Kothari | Director | 16 May 2011 | 15 Years 5 Months | Current |
Auditor
Asc Power Private Limited is audited by S P DESAI & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S P DESAI & CO. | FY 2022 | 102354W |
Shareholding
The shareholding of Asc Power Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Asc Power Private Limited, buy the company report.
Charges & borrowings
Open charges
₹15.19 Cr
Satisfied charges
₹14.35 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 May 2024 | 100923470 | Others | ₹31.34 Lakh | Open | |
| 08 Dec 2021 | 100518322 | Others | ₹60 Lakh | Open | |
| 08 Jan 2021 | 100410104 | Others | ₹14.28 Cr | Open | |
| 29 Jan 2019 | 100240031 | Axis Bank Limited | ₹8.04 Cr | Satisfied | |
| 30 Aug 2013 | 10448635 | Others | ₹6.31 Cr | Satisfied |
To see the full charge records of Asc Power Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Asc Power Private Limited has 7 court cases on record: 5 filed by Asc Power, 2 filed against it. 5 cases are pending and 2 are disposed.
Total cases
7
Filed by the company
5
Filed against the company
2
Pending
5
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 2 | 5 |
Cases on record (4 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Dedicated Freight Corridor Corporation of India Ltd | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Dedicated Freight Corridor Corporation of India Ltd | Pending |
| District court, Ranchi, Jharkhand | Criminal complaint | Filed against the company by Union of India | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Asc Power Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Asc Power Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Asc Power Private Limited has a workforce of 397 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
397
Active EPFO establishments
1
Employee growth
7.3%
GST
Asc Power has 6 GST registrations: 1 active and 5 cancelled or inactive.
Total GSTINs
6
Active
1
Cancelled / inactive
5
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCA4724D2ZV | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Asc Power Private Limited, buy the company report.
Recent activity
Asc Power Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Jeetendra Multanmal Kothari was appointed as Director on 16 May 2011.
Charges
A charge with Others of Rs. 14.28 Cr registered on 08 Jan 2021 with Charge ID 100410104 was modified on 31 Jan 2025.
AGM
Asc Power Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 29 Jan 2019 via Charge ID 100240031 with Axis Bank Limited was fully satisfied on 24 May 2024.
Charges
A charge with Others amounted to Rs. 0.31 Cr with Charge ID 100923470 was registered on 17 May 2024.
Filing
Asc Power Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 0.60 Cr with Charge ID 100518322 was registered on 08 Dec 2021.
Charges
A charge with Others amounted to Rs. 14.28 Cr with Charge ID 100410104 was registered on 08 Jan 2021.
Charges
A charge with Axis Bank Limited of Rs. 8.04 Cr registered on 29 Jan 2019 with Charge ID 100240031 was modified on 29 Jun 2020.
Charges
A charge registered on 30 Aug 2013 via Charge ID 10448635 with Others was fully satisfied on 16 May 2019.
Charges
A charge with Axis Bank Limited amounted to Rs. 8.04 Cr with Charge ID 100240031 was registered on 29 Jan 2019.
Charges
A charge with Others of Rs. 6.31 Cr registered on 30 Aug 2013 with Charge ID 10448635 was modified on 02 Feb 2017.
Charges
A charge with Others amounted to Rs. 6.31 Cr with Charge ID 10448635 was registered on 30 Aug 2013.
3 earlier events are in the company report.
Frequently asked questions
Asc Power is an active private limited company based in Mumbai, Maharashtra, India. The company works in power epc, within the energy and power industry. It was incorporated on 16 May 2011 (15+ years old) and is registered under CIN U40300MH2011PTC217529.
Asc Power has 2 current directors:
- Kapil Jeetendra Kothari - Director
- Jeetendra Multanmal Kothari - Director
The latest financial statements of Asc Power 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 2015 are in the company report.
The GSTIN of Asc Power is 27AAJCA4724D2ZV, registered in Maharashtra. The company has 6 GST registrations in all, of which 1 is active and 5 are cancelled or inactive.
The CIN (Corporate Identification Number) of Asc Power is U40300MH2011PTC217529. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asc Power has 7 court cases on record: 5 filed by the company and 2 filed against it. 5 are pending.
Asc Power was incorporated on 16 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Jeetendra Multanmal Kothari was appointed as Director on 16 May 2011. Kapil Jeetendra Kothari was appointed as Director on 16 May 2011.
Yes, Asc Power is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0089513).
Asc Power can be reached through the website ascpower.in. Its registered office is in Mumbai, Maharashtra, India.
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