About Ascend Facility Management and Services Private Limited
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Ascend Facility Management and Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the facility management segment of the business services sector. It was incorporated on 14 July 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2015PTC081562. Its GSTIN is 29AANCA6169N1ZS (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shubhakar and Jagadish Krishna.
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 Flat Number 201 1st Floor Anand Aster Apartments Vajarahalli, Bangalore, Karnataka, India – 560109.
As per the financials filed for FY 2023, the company reported a revenue of ₹6.57 Cr, a growth of 69% compared to the previous year. For the same year it recorded a net profit of ₹15.33 Lakh (net margin 2.3%) and EBITDA of ₹19.39 Lakh (EBITDA margin 2.9%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years and 14% over five years.
The company has about 476 employees on its provident fund (EPFO) records.
Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ascendservices.in.
Company details
Contact details
Ascend Facility Management and Services Private Limited's registered office is in Bangalore, Karnataka. Its website is ascendservices.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFlat Number 201 1st Floor Anand Aster Apartments Vajarahalli, Bangalore, Karnataka, India – 560109
- IndustryBusiness Services, Facility Management
To see the full contact details of Ascend Facility Management and Services 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
Financials of Ascend Facility Management and Services Private Limited
FY 2024 filings availableAscend Facility Management and Services Private Limited reported revenue of ₹6.57 Cr (up 69% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 69% growth 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹6.57 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹19.39 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹15.33 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.9% | ||||
| Net Profit Margin | 2.3% | ||||
| 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 Ascend Facility Management and Services Private Limited, buy the company report.
Board of directors of Ascend Facility Management and Services Private Limited
Ascend Facility Management and Services has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shubhakar | Director | 25 Sep 2015 | 11 Years 1 Months | Current |
| Jagadish Krishna | Director | 25 Sep 2015 | 11 Years 1 Months | Current |
Auditor
Ascend Facility Management and Services Private Limited is audited by Ravi Shankar BR for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ravi Shankar BR | FY 2023 | 214978 |
Shareholding
The shareholding of Ascend Facility Management and Services 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 Ascend Facility Management and Services Private Limited, buy the company report.
Legal cases
Ascend Facility Management and Services Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed against the company by The Management of | Disposed |
To see the full case history of Ascend Facility Management and Services 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
Ascend Facility Management and Services Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sri Harivayu Maintenance and Services Private Limited |
To see the full MSME payment records of Ascend Facility Management and Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ascend Facility Management and Services Private Limited has a workforce of 476 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 476 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 |
To see the full employee and EPFO history of Ascend Facility Management and Services Private Limited, buy the company report.
GST
Ascend Facility Management and Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AANCA6169N1ZS | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ascend Facility Management and Services Private Limited, buy the company report.
Recent activity
Ascend Facility Management and Services Private Limited has 6 board changes on record since 2015: 2 appointments and 4 cessations. The latest: Sreedharan Potti Sreekumar ceased to be Director on 30 May 2017.
Frequently asked questions
Ascend Facility Management and Services is an active private limited company based in Bangalore, Karnataka, India. The company works in facility management, within the business services industry. It was incorporated on 14 July 2015 (11+ years old) and is registered under CIN U74900KA2015PTC081562.
Ascend Facility Management and Services has 2 current directors:
- Shubhakar - Director
- Jagadish Krishna - Director
The latest financial statements of Ascend Facility Management and Services 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 2016 are in the company report.
The GSTIN of Ascend Facility Management and Services is 29AANCA6169N1ZS, registered in Karnataka.
The CIN (Corporate Identification Number) of Ascend Facility Management and Services is U74900KA2015PTC081562. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ascend Facility Management and Services has 1 court case on record: 1 filed against it.
Ascend Facility Management and Services was incorporated on 14 July 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Sreedharan Potti Sreekumar ceased to be Director on 30 May 2017. Jagadish Krishna ceased to be Additional Director on 25 Nov 2016. Shubhakar ceased to be Additional Director on 25 Nov 2016. Ascend Facility Management and Services has 6 board changes on record in total.
Ascend Facility Management and Services has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 15 May 2019.
Ascend Facility Management and Services can be reached through the website ascendservices.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Ascend Facility Management and Services is at Flat Number 201 1st Floor Anand Aster Apartments Vajarahalli, Bangalore, Karnataka, India – 560109.
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