Ascend Music Private Limited
About Ascend Music Private Limited
Data last updated:
Ascend Music Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the service-based operations segment of the services sector. It was incorporated on 20 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U93000TG2018PTC126927.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Gujjanamudi Anand and Ravikumar Gugulothu.
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 Plot No. 14B Road No.12 Phase – II Film Nagar Jubilee Hills, Hyderabad, Telangana, India – 500096.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.76 Lakh, a growth of 7% compared to the previous year. For the same year it recorded a net loss of ₹1.24 Lakh (net margin -7.4%) and EBITDA of -₹4,892 (EBITDA margin -0.3%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 150% over five years.
Company details
Contact details
Ascend Music Private Limited's registered office is in Hyderabad, Telangana.
- Registered AddressPlot No. 14B Road No.12 Phase – II Film Nagar Jubilee Hills, Hyderabad, Telangana, India – 500096
- IndustryService, Other Services
- 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 Ascend Music is arts, entertainment and recreation. In detail, this covers creative, arts and entertainment activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| R | Arts, entertainment and recreation | R1 | Creative, arts and entertainment activities |
To see the full business activity and turnover split of Ascend Music Private Limited, buy the company report.
Financials of Ascend Music Private Limited
FY 2025 filings availableAscend Music Private Limited reported revenue of ₹16.76 Lakh (up 7% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 150% over five years, including 7% growth in the latest year. EBITDA fell 102% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹4,892 | ||||
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| Net Profit (PAT) | -₹1.24 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -0.3% | ||||
| Net Profit Margin | -7.4% | ||||
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To see the full financial statements and ratios of Ascend Music Private Limited, buy the company report.
Board of directors of Ascend Music Private Limited
Ascend Music has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gujjanamudi Anand | Director | 20 Sep 2018 | 8 Years 1 Months | Current |
| Ravikumar Gugulothu | Director | 08 Apr 2023 | 3 Years 7 Months | Current |
Peer comparison
Ascend Music Private Limited is compared with the 3 companies closest to it by revenue in the Ecommerce and Internet industry (Music), with the same principal business activity (creative, arts and entertainment activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| True Music Private Limited | ₹17.2 Lakh (FY 2024) | 37.0% | Bathinda, Punjab, India | |||
| Ascend Music Private Limitedthis company | ₹16.76 Lakh (FY 2024) | -₹1.24 Lakh | -7.4% | 7.0% | Hyderabad, Telangana, India | |
| Silk Music Private Limited | ₹16.58 Lakh (FY 2025) | -24.0% | Bhubaneswar, Odisha, India | |||
| Shujay Music Private Limited | ₹16.08 Lakh (FY 2024) | Jogeshwari West, Maharashtra, India |
To see the full peer comparison of Ascend Music Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ascend Music 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 Music Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Ascend Music Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ascend Music Private Limited has 5 board changes on record since 2018: 2 appointments and 3 cessations. The latest: Ravikumar Gugulothu ceased to be Additional Director on 15 Aug 2024.
Frequently asked questions
Ascend Music is an active private limited company based in Hyderabad, Telangana, India. The company works in other services, within the service industry. It was incorporated on 20 September 2018 (8+ years old) and is registered under CIN U93000TG2018PTC126927.
Ascend Music has 2 current directors:
- Gujjanamudi Anand - Director
- Ravikumar Gugulothu - Director
The latest financial statements of Ascend Music 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 2019 are in the company report.
The CIN (Corporate Identification Number) of Ascend Music is U93000TG2018PTC126927. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ascend Music was incorporated on 20 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Ascend Music by revenue are True Music Private Limited, Silk Music Private Limited, Shujay Music Private Limited, all in the Ecommerce and Internet industry (Music), with the same principal business activity (creative, arts and entertainment activities).
Ravikumar Gugulothu ceased to be Additional Director on 15 Aug 2024. Ravikumar Gugulothu was appointed as Director on 08 Apr 2023. Julie Danelle Metz ceased to be Director on 27 Mar 2023. Ascend Music has 5 board changes on record in total.
The registered office of Ascend Music is at Plot No. 14B Road No.12 Phase – II Film Nagar Jubilee Hills, Hyderabad, Telangana, India – 500096.
Ascend Music operates in the service industry, in the other services segment.
Ascend Music can be reached at its registered office: Plot No. 14B Road No.12 Phase – II Film Nagar Jubilee Hills, Hyderabad, Telangana, India – 500096.
Ascend Music is registered under the jurisdiction of the Registrar of Companies (ROC), Hyderabad.
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