Ascendion Digital Solutions Private Limited - Company Profile

It is a business outsourcing private limited company based in Vadodara, Gujarat, India, established in 1998.

1998 Vadodara, Gujarat, India Active

Last Updated: December 27, 2025

About Ascendion Digital Solutions Private Limited

Ascendion Digital Solutions Private Limited, a active private limited company, was established on 26 November 1998 in Vadodara, Gujarat, India. Engaging in hr outsourcing & talent management within the information and communication sector, it holds CIN: U62099GJ1998PTC035036. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹3.00 Cr and a paid-up capital of ₹2.31 Cr.

Formerly known as Collabera Technologies Asia Private Limited, Gci Technologies Asia Private Limited. It upholds a compliant status. Employing 2,400 professional, Its leadership includes Mirang Pravinchandra Shah (Director), Kushal Devendra Kothari (Director). Past directors included Mehul Nagindas Shah, Chintan Ishwarbhai Patel, Hetal Hasmukhlal Shah. It holds ₹42.50 Cr open charges and ₹73.10 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 6Th Floor, R. S. No. 657, Mayfair Corporate Park,, Tower B, Near Pranav Plastic, Kalali Road, Vadodara, Gujarat, 390012.

Company Details

CIN/LLPIN
U62099GJ1998PTC035036
Registration Number
035036
Incorporation Date
26 November 1998
Authorized Capital
₹3.00 Cr
Paid-Up Capital
₹2.31 Cr
ROC Code
Roc Ahmedabad
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 3.00 Cr as on 27-12-2025
Paid Up Capital ₹ 2.31 Cr as on 27-12-2025
Company Age 27 Year, 3 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 42.50 Cr as on 27-12-2025
Satisfied Charges ₹ 73.10 Cr as on 27-12-2025

Comprehensive Company Insights

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Who are the key members and board of directors at Ascendion Digital Solutions Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Mirang Pravinchandra Shah	Director	13 Jan 2024	Current
Kushal Devendra Kothari	Director	06 Aug 2024	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Managing Director	26 Mar 2013	Past
Pramod Abcsdd	Additional Director	30 Sep 2017	Past
Pramod Abcsdd	Additional Director	30 Sep 2017	Past
Pramod Abcsdd	Additional Director	29 Sep 2024	Past
Pramod Abcsdd	Director	30 Aug 2010	Past
Pramod Abcsdd	Director	21 Mar 2014	Past

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Financial Performance of Ascendion Digital Solutions.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

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YOY Growth

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Total Revenue

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EBITDA

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What is the Ownership and Shareholding Structure of Ascendion Digital Solutions?

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Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹425,000,000.00

Satisfied Charges

₹731,000,000.00

Charges Breakdown by Lending Institutions

The Hongkong And Shanghai Banking Corporation Limited : 30.00 Cr
Others : 20.60 Cr
Axis Bank Limited : 12.50 Cr
Hdfc Bank Limited : 10.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
18 Dec 2023	The Hongkong And Shanghai Banking Corporation Limited	₹30.00 Cr	Satisfied
07 Nov 2020	Axis Bank Limited	₹12.50 Cr	Satisfied
02 Nov 2020	Others	₹20.00 Cr	Satisfied
30 Oct 2019	Hdfc Bank Limited	₹10.00 Cr	Satisfied
20 Dec 2016	Others	₹6.00 M	Satisfied

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How Many Employees Work at Ascendion Digital Solutions?

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Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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Rating

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Alerts

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Latest Updates, News, and FAQs on Ascendion Digital Solutions

Recent Activity within the Organization

Charges

The activity A charge registered on 07 Nov 2020 via Charge ID 100390210 with Axis Bank Limited was fully satisfied on 05 Jun 2025. was completed.
05 Jun 2025
Charges

Progress on A charge registered on 18 Dec 2023 via Charge ID 100844552 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 15 May 2025. was documented.
15 May 2025
Charges

Progress on A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 30.00 Cr registered on 18 Dec 2023 with Charge ID 100844552 was modified on 24 Apr 2025. was documented.
24 Apr 2025
Annual General Meeting

The activity Ascendion Digital Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.
30 Sep 2024
Director Appointment

Kushal Devendra Kothari was appointed as a Director was appointed as a Director on 06 Aug 2024 & has been associated with this company since 1 year 7 months . was recorded as a recent event.
06 Aug 2024
Charges

A charge registered on 02 Nov 2020 via Charge ID 100390396 with Others was fully satisfied on 18 Jul 2024. was recorded as a recent event.
18 Jul 2024

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