MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0054515
Ascend Financial Services Private Limited - financial services in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹19.14 Lakh
▲ 15% YoY
Net loss · FY 2025
₹2.28 Lakh
Net margin -11.9%
EBITDA · FY 2025
-₹1.53 Lakh
EBITDA margin -8%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Company age
19 yrs
Est. 2007
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Ascend Financial Services Private Limited
Data last updated:
Ascend Financial Services Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 19 January 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65999KA2007PTC041525. Its GSTIN is 29AAGCA3562J1ZG (Karnataka).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Sukumar Dhandayutham and Raju Janardhanan Keshavan.
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 Bengaluru, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.14 Lakh, a growth of 15% compared to the previous year. For the same year it recorded a net loss of ₹2.28 Lakh (net margin -11.9%) and EBITDA of -₹1.53 Lakh (EBITDA margin -8%). Revenue has declined at a compounded annual rate (CAGR) of 40% over three years and 14% over five years.
Ascend Financial Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0054515). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ascend.net.in.
Company details
CIN U65999KA2007PTC041525
Registration Number 041525
Incorporation Date 19 January 2007
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0054515
Recognitions & Rankings of Ascend Financial Services
Contact details
Ascend Financial Services Private Limited's registered office is in Bengaluru, Karnataka. Its website is ascend.net.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo 304 Third Floor Motati Meadows No. 84/1B Old Madras Road Nagavarapalya Cv Raman, Nagar, Bengaluru, Karnataka, India – 560093
- IndustryFinancial Services, Financial Activities
To see the full contact details of Ascend Financial Services Private Limited, buy the company report.
Comprehensive company report
Ascend Financial Services 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 Ascend Financial Services is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Ascend Financial Services Private Limited, buy the company report.
Financials of Ascend Financial Services Private Limited
FY 2025 filings availableAscend Financial Services Private Limited reported revenue of ₹19.14 Lakh (up 15% YoY) for FY 2025.
Revenue · FY 2025
₹19.14 Lakh ▲ 15%
Net loss · FY 2025
₹2.28 Lakh margin -11.9%
EBITDA · FY 2025
-₹1.53 Lakh margin -8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▼ 40%
5 years · compounded
▼ 14%
EBITDA CAGR growth
1 year
▲ 89%
3 years · compounded
▼ 31%
5 years · compounded
▲ 18%
Revenue rose 15% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 14%. EBITDA rose 89% 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 | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹1.53 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.28 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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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 | -8% | ||||
| Net Profit Margin | -11.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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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 Ascend Financial Services Private Limited, buy the company report.
Board of directors of Ascend Financial Services Private Limited
Ascend Financial Services has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sukumar Dhandayutham Also directs: Filos Infra Projects India Private Limited | Director | 19 Jan 2007 | 19 Years 9 Months | Current |
| Raju Janardhanan Keshavan Also directs: Filos Infra Projects India Private Limited | Director | 19 Jan 2007 | 19 Years 9 Months | Current |
Peer comparison
Ascend Financial Services Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (activities auxiliary to financial service and insurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Established Traders Private Limited | ₹19.2 Lakh (FY 2024) | 56.0% | New Delhi, Delhi, India | |||
| Mudgaleshwar Kuries Private Limited | ₹19.16 Lakh (FY 2025) | 44.0% | Mudgaleshwar, Parbhani, Maharashtra, India | |||
| Hu Mergersindia.Com Private Limited | ₹19.16 Lakh (FY 2024) | 124.0% | Pune, Maharashtra, India | |||
| Padam Securities Private Limited | ₹19.16 Lakh (FY 2025) | 10.0% | New Delhi, Delhi, India | |||
| Sharavu Securities Private Limited | ₹19.16 Lakh (FY 2025) | 3.0% | Bangalore, Karnataka, India | |||
| Ascend Financial Services Private Limitedthis company | ₹19.14 Lakh (FY 2025) | -₹2.28 Lakh | -11.9% | 15.0% | Bengaluru, Karnataka, India | |
| Yathochit Investing Solutions Private Limited | ₹19.13 Lakh (FY 2025) | 546.0% | Pune, Maharashtra, India | |||
| Home Lamp Financial Services Private Limited | ₹19.12 Lakh (FY 2025) | 33.0% | Hyderabad, Telangana, India | |||
| Istaa Securities Private Limited | ₹19.1 Lakh (FY 2025) | -68.0% | Mumbai, Maharashtra, India | |||
| Rapid Thinker Business Consultants Private Limited | ₹19.08 Lakh (FY 2025) | 66.0% | New Delhi, Delhi, India | |||
| Kankaria Securities Private Limited | ₹19.07 Lakh (FY 2025) | -6.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Ascend Financial Services Private Limited, buy the company report.
Auditor
Ascend Financial Services Private Limited is audited by MAHESH AND NAGARAJ CHARTERED ACCOUNTANTS for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAHESH AND NAGARAJ CHARTERED ACCOUNTANTS | FY 2017 | 010986S |
Shareholding
The shareholding of Ascend Financial Services 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 Ascend Financial Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ascend Financial Services 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 Ascend Financial Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ascend Financial Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCA3562J1ZG | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ascend Financial Services Private Limited, buy the company report.
Recent activity
Ascend Financial Services Private Limited has 2 board changes on record since 2007: 2 appointments. The latest: Raju Janardhanan Keshavan was appointed as Director on 19 Jan 2007.
AGM
Ascend Financial Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ascend Financial Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Raju Janardhanan Keshavan was appointed as Director.
Appointed
Sukumar Dhandayutham was appointed as Director.
Incorporation
19 Jan 2007
Ascend Financial Services Private Limited was registered on 19 Jan 2007 with Roc Bangalore & aged 19 years 9 months as per MCA records.
Frequently asked questions
Ascend Financial Services is an active private limited company based in Bengaluru, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 19 January 2007 (19+ years old) and is registered under CIN U65999KA2007PTC041525.
Ascend Financial Services has 2 current directors:
- Sukumar Dhandayutham - Director
- Raju Janardhanan Keshavan - Director
The latest financial statements of Ascend Financial Services 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 2015 are in the company report.
The GSTIN of Ascend Financial Services is 29AAGCA3562J1ZG, registered in Karnataka.
The CIN (Corporate Identification Number) of Ascend Financial Services is U65999KA2007PTC041525. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ascend Financial Services was incorporated on 19 January 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Ascend Financial Services by revenue are Established Traders Private Limited, Mudgaleshwar Kuries Private Limited, Hu Mergersindia.Com Private Limited, Padam Securities Private Limited, Sharavu Securities Private Limited and 5 more, all in the same principal business activity (activities auxiliary to financial service and insurance activities).
Raju Janardhanan Keshavan was appointed as Director on 19 Jan 2007. Sukumar Dhandayutham was appointed as Director on 19 Jan 2007.
Yes, Ascend Financial Services is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0054515).
Ascend Financial Services can be reached through the website ascend.net.in. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Ascend Financial Services is at No 304 Third Floor Motati Meadows No. 841B Old Madras Road Nagavarapalya Cv Raman, Nagar, Bengaluru, Karnataka, India – 560093.
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