About Ascenders Technologies Private Limited
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Ascenders Technologies Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the enterprise resource planning (ERP) solutions segment of the technology and IT services sector. It was incorporated on 19 March 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72200TN2008PTC066885. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹41 Lakh. It is led by directors Jayalakshmi (Whole-Time Director) and Thirugnanam Kaliamoorthi (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at Modules 201 202 409 410 Sector B24 Guindy Industrial Estate Ekkatuthangal, Chennai, Tamil Nadu, India – 600032.
As per the financials filed for FY 2015, the company reported a revenue of ₹2.06 Cr, a growth of 61% compared to the previous year. For the same year it recorded a net profit of ₹6.71 Lakh (net margin 3.3%) and EBITDA of ₹37.6 Lakh (EBITDA margin 18.2%).
The company is associated with 1 brand: Ascenders Technologies. As per MCA filings, the company has open charges of ₹1.21 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website ascenderstech.com.
Company details
Contact details
Ascenders Technologies Private Limited's registered office is in Chennai, Tamil Nadu. Its website is ascenderstech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressModules 201 202 409 410 Sector B24 Guindy Industrial Estate Ekkatuthangal, Chennai, Tamil Nadu, India – 600032
- IndustryInformation Technology, Enterprise Resource Planning (ERP) Solutions, IT Consulting & Support Services
To see the full contact details of Ascenders Technologies 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
Brands
Ascenders Technologies operates one associated brand: Ascenders Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive ERP development services for businesses. | ascenderstech.com |
Financials of Ascenders Technologies Private Limited
FY 2015 filings availableAscenders Technologies Private Limited reported revenue of ₹2.06 Cr (up 61% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 61% in the latest year. EBITDA rose 32% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹2.06 Cr |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹37.6 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹6.71 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 18.2% |
| Net Profit Margin | 3.3% |
| 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 Ascenders Technologies Private Limited, buy the company report.
Board of directors of Ascenders Technologies Private Limited
Ascenders Technologies has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayalakshmi | Whole-Time Director | 19 Mar 2008 | 18 Years 7 Months | Current |
| Thirugnanam Kaliamoorthi | Whole-Time Director | 19 Mar 2008 | 18 Years 7 Months | Current |
Auditor
Ascenders Technologies Private Limited is audited by Raman Associate for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Raman Associate | FY 2015 |
Shareholding
The shareholding of Ascenders Technologies Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Ascenders Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Apr 2015 | 10570002 | Union Bank of India | ₹6.98 Lakh | Open | |
| 16 Nov 2012 | 10392270 | Union Bank of India | ₹79,500 | Open | |
| 23 Sep 2008 | 10124926 | Union Bank of India | ₹1.13 Cr | Open |
To see the full charge records of Ascenders Technologies Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Ascenders Technologies Private Limited has 4 court cases on record: 4 filed by Ascenders Technologies. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
| District courts | 1 | 0 | 1 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Appeal | Filed by the company against M/S National Small Industries Corporation Limited | Pending |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against individuals | Disposed |
| High Court, TAMIL NADU | Appeal | Filed by the company against individuals | Disposed |
To see the full case history of Ascenders Technologies 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 Ascenders Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ascenders Technologies Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
GST
Ascenders Technologies has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Ascenders Technologies Private Limited, buy the company report.
Recent activity
Ascenders Technologies Private Limited has 4 board changes on record since 2008: 2 appointments and 2 cessations. The latest: Jayalakshmi ceased to be Director on 01 Apr 2008.
Frequently asked questions
Ascenders Technologies is an active private limited company based in Chennai, Tamil Nadu, India. The company works in enterprise resource planning (erp) solutions, within the information technology industry. It was incorporated on 19 March 2008 (18+ years old) and is registered under CIN U72200TN2008PTC066885.
Ascenders Technologies has 2 current directors:
- Jayalakshmi - Whole-Time Director
- Thirugnanam Kaliamoorthi - Whole-Time Director
The latest financial statements of Ascenders Technologies on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
No. Ascenders Technologies has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Ascenders Technologies is U72200TN2008PTC066885. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ascenders Technologies has 4 court cases on record: 4 filed by the company. 1 is pending. Most are in the high courts.
Ascenders Technologies was incorporated on 19 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Chennai.
Jayalakshmi ceased to be Director on 01 Apr 2008. Thirugnanam Kaliamoorthi ceased to be Director on 01 Apr 2008. Jayalakshmi was appointed as Whole-Time Director on 19 Mar 2008. Ascenders Technologies has 4 board changes on record in total.
Ascenders Technologies can be reached through the website ascenderstech.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Ascenders Technologies is at Modules 201 202 409 410 Sector B24 Guindy Industrial Estate Ekkatuthangal, Chennai, Tamil Nadu, India – 600032.
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