About Ascendia Technology Solutions (India) Private Limited
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Ascendia Technology Solutions (India) Private Limited was a private limited company based in Hyderabad, Telangana, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the software development and support services segment of the technology and IT services sector. It was incorporated on 30 September 2011.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2011PTC076783. The company has 3 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors Ashwini Suman Kumar and Pratik Mukul.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Flat No.1004 Coral My Home Jewel Madinaguda, Hyderabad, Telangana, India – 500049.
As per the financials filed for FY 2016, the company reported a revenue of ₹6.06 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net loss of ₹27.92 Lakh (net margin -4.6%) and EBITDA of -₹22.59 Lakh (EBITDA margin -3.7%).
The company had about 50 employees on its provident fund (EPFO) records before it was struck off.
Court records list 2 cases involving the company, including 2 filed against it.
The last known website on record is ascendiatech.in.
Company details
CIN history
Ascendia Technology Solutions (India) has one previous CIN (Corporate Identification Number): U72200AP2011PTC076783. The current CIN is U72200TG2011PTC076783, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2011PTC076783 | Current |
| U72200AP2011PTC076783 | Previous |
Contact details
Ascendia Technology Solutions (India) Private Limited's registered office is in Hyderabad, Telangana. Its website is ascendiatech.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressFlat No.1004 Coral My Home Jewel Madinaguda, Hyderabad, Telangana, India – 500049
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Ascendia Technology Solutions (India) 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
Business activity
The main business activity of Ascendia Technology Solutions (India) is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Ascendia Technology Solutions (India) Private Limited, buy the company report.
Financials of Ascendia Technology Solutions (India) Private Limited
FY 2016 filings availableAscendia Technology Solutions (India) Private Limited reported revenue of ₹6.06 Cr (up 6% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 6% in the latest year. EBITDA fell 651% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹6.06 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹22.59 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹27.92 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -3.7% | |
| Net Profit Margin | -4.6% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
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| 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 Ascendia Technology Solutions (India) Private Limited, buy the company report.
Board of directors of Ascendia Technology Solutions (India) Private Limited
Ascendia Technology Solutions (India) has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pratik Mukul | Additional Director | 03 Apr 2017 | 9 Years 6 Months | As last reported |
| Ashwini Suman Kumar Also directs: Causalor Labs Private Limited, Kaara Info Systems Private Limited, Bragit Technology Solutions Private Limited and 1 more | Director | 30 Sep 2011 | 15 Years 0 Months | As last reported |
Auditor
Ascendia Technology Solutions (India) Private Limited is audited by T SRIDHAR & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T SRIDHAR & CO | FY 2016 | 013386S |
Shareholding
The shareholding of Ascendia Technology Solutions (India) Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ascendia Technology Solutions (India) Private Limited, buy the company report.
Legal cases
Ascendia Technology Solutions (India) Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Rangareddy, Telangana | Execution petition | Filed against the company by HDFC Bank Ltd Rep by Authorized Signatory Prabhu Kumar S/O.S.Babu Rao | Disposed |
| District court, Hyderabad Central, Telangana | Criminal complaint | Filed against the company by HDFC Bank Ltd. | Disposed |
To see the full case history of Ascendia Technology Solutions (India) 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 Ascendia Technology Solutions (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ascendia Technology Solutions (India) has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Ascendia Technology Solutions (India) Private Limited, buy the company report.
Recent activity
Ascendia Technology Solutions (India) Private Limited has 12 board changes on record since 2011: 2 appointments and 10 cessations. The latest: Abhijeet Subhash Baheti ceased to be Additional Director on 24 Mar 2018.
3 earlier events are in the company report.
Frequently asked questions
Ascendia Technology Solutions (India) has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Ascendia Technology Solutions (India) was a private limited company based in Hyderabad, Telangana, India. The company worked in software development and support services, within the information technology industry. It was incorporated on 30 September 2011 and is registered under CIN U72200TG2011PTC076783. The company has been struck off by the Registrar of Companies and is no longer operational.
Ascendia Technology Solutions (India) had 2 directors:
- Pratik Mukul - Additional Director
- Ashwini Suman Kumar - Director
The CIN (Corporate Identification Number) of Ascendia Technology Solutions (India) is U72200TG2011PTC076783. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Ascendia Technology Solutions (India) is at Flat No.1004 Coral My Home Jewel Madinaguda, Hyderabad, Telangana, India – 500049.
Ascendia Technology Solutions (India) was incorporated on 30 September 2011. It is registered with the Registrar of Companies, Hyderabad.
Ascendia Technology Solutions (India) can be reached through the website ascendiatech.in. Its registered office is in Hyderabad, Telangana, India.
The latest financial statements of Ascendia Technology Solutions (India) on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Ascendia Technology Solutions (India) has 3 GST registrations on record and all of them are cancelled or inactive.
Ascendia Technology Solutions (India) operated in the information technology industry, in the software development and support services segment. It worked in this industry before it was struck off.