Ascending Impex Private Limited
About Ascending Impex Private Limited
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Ascending Impex Private Limited is a private limited company based in Kakinada, Andhra Pradesh, India. It operates in the retail trading segment of the trading and commerce sector. It was incorporated on 03 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U51225AP2016PTC103397.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Subbalakshmi Peddada and Srikar Timmaraja Peddada.
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 H No:65 – 2 – 6/4 S1 – S2 3rd Floor Sai Harshita Residency Narasanna Nagar, Kakinada, Andhra Pradesh, India – 533003.
As per the financials filed for FY 2025, the company reported a revenue of ₹16,188. For the same year it recorded a net loss of ₹36,535 (net margin -225.7%) and EBITDA of -₹36,535 (EBITDA margin -225.7%). Revenue has grown at a compounded annual rate (CAGR) of 73% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ascending Impex Private Limited's registered office is in Kakinada, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressH No:65 – 2 – 6/4 S1 – S2 3rd Floor Sai Harshita Residency Narasanna Nagar, Kakinada, Andhra Pradesh, India – 533003
- IndustryTrading, Retail Trading, Retailers
To see the full contact details of Ascending Impex 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 Ascending Impex is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
Financials of Ascending Impex Private Limited
FY 2025 filings availableAscending Impex Private Limited reported revenue of ₹16,188 for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 73% over five years. EBITDA rose 4% 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 |
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| EBITDA | -₹36,535 | ||||
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| Net Profit (PAT) | -₹36,535 | ||||
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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 | -225.7% | ||||
| Net Profit Margin | -225.7% | ||||
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To see the full financial statements and ratios of Ascending Impex Private Limited, buy the company report.
Board of directors of Ascending Impex Private Limited
Ascending Impex has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subbalakshmi Peddada Also directs: Ascending Destinations Private Limited | Director | 03 Jun 2016 | 10 Years 5 Months | Current |
| Srikar Timmaraja Peddada Also directs: Ascending Destinations Private Limited | Director | 03 Jun 2016 | 10 Years 5 Months | Current |
Auditor
Ascending Impex Private Limited is audited by RAVICHANDRA PUVVADA for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAVICHANDRA PUVVADA | FY 2017 | 230754 |
Shareholding
The shareholding of Ascending Impex Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Ascending Impex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ascending Impex 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 Ascending Impex 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 Ascending Impex Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ascending Impex Private Limited has 3 board changes on record since 2016: 2 appointments and 1 cessation. The latest: Venkata Rao Peddada ceased to be Director on 13 Feb 2017.
Frequently asked questions
Ascending Impex is an active private limited company based in Kakinada, Andhra Pradesh, India. The company works in retail trading, within the trading industry. It was incorporated on 03 June 2016 (10+ years old) and is registered under CIN U51225AP2016PTC103397.
Ascending Impex has 2 current directors:
- Subbalakshmi Peddada - Director
- Srikar Timmaraja Peddada - Director
The latest financial statements of Ascending Impex 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 2017 are in the company report.
The CIN (Corporate Identification Number) of Ascending Impex is U51225AP2016PTC103397. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ascending Impex was incorporated on 03 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Vijayawada.
Venkata Rao Peddada ceased to be Director on 13 Feb 2017. Srikar Timmaraja Peddada was appointed as Director on 03 Jun 2016. Subbalakshmi Peddada was appointed as Director on 03 Jun 2016.
The registered office of Ascending Impex is at H No:65 – 2 – 64 S1 – S2 3rd Floor Sai Harshita Residency Narasanna Nagar, Kakinada, Andhra Pradesh, India – 533003.
Ascending Impex operates in the trading industry, in the retail trading segment.
The compliance status of Ascending Impex is compliant as of 27 September 2026. The company is actively filing with the Registrar of Companies.
Ascending Impex can be reached at its registered office: H No:65 – 2 – 64 S1 – S2 3rd Floor Sai Harshita Residency Narasanna Nagar, Kakinada, Andhra Pradesh, India – 533003.
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