
About Ascendion Digital Solutions Private Limited
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Ascendion Digital Solutions Private Limited is a private limited company based in Vadodara, Gujarat, India, a subsidiary of Collabera Holdings Inc.. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 26 November 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U62099GJ1998PTC035036. Its GSTIN is 24AACCM4351R1Z5 (Gujarat). The company holds 11 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.31 Cr. It was formerly known as Collabera Technologies Asia Private Limited and Gci Technologies Asia Private Limited. It is led by directors including Amit Kumar Agarwal and Radhakrishnan Rajagopalan.
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 Vadodara, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹339.04 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹32.72 Cr (net margin 9.6%) and EBITDA of ₹145.2 Cr (EBITDA margin 42.8%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 13% over five years.
The company has about 2,400 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹73.1 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it. The company has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹2.21 Cr; the latest was in March 2019. The company has 16 MSME Form 1 returns on record between 2018 and 2023, listing 446 overdue payments to 55 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website collabera.co.in.
Company details
Name history
Ascendion Digital Solutions has undergone 2 name changes throughout its history. The company was previously known as Collabera Technologies Asia Private Limited, and Gci Technologies Asia Private Limited. The current legal name is Ascendion Digital Solutions Private Limited.
| Company Name | Status |
|---|---|
| Ascendion Digital Solutions Private Limited | Current |
| Collabera Technologies Asia Private Limited | Previous |
| Gci Technologies Asia Private Limited | Previous |
CIN history
Ascendion Digital Solutions has one previous CIN (Corporate Identification Number): U74200GJ1998PTC035036. The current CIN is U62099GJ1998PTC035036, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U62099GJ1998PTC035036 | Current |
| U74200GJ1998PTC035036 | Previous |
Contact details
Ascendion Digital Solutions Private Limited's registered office is in Vadodara, Gujarat. Its website is collabera.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFicus Court 9th Floor Alembic City, Alembic Road, Vadodara, Gujarat, India – 390003
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Ascendion Digital Solutions 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 Ascendion Digital Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Ascendion Digital Solutions Private Limited, buy the company report.
Financials of Ascendion Digital Solutions Private Limited
FY 2025 filings availableAscendion Digital Solutions Private Limited reported revenue of ₹339.04 Cr (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 3% growth in the latest year. EBITDA rose 59% 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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| Total Revenue | ₹339.04 Cr | ||||
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| Total Expenses | |||||
| EBITDA | ₹145.2 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹32.72 Cr | ||||
| Balance Sheet | |||||
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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 | 42.8% | ||||
| Net Profit Margin | 9.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Ascendion Digital Solutions Private Limited, buy the company report.
Board of directors of Ascendion Digital Solutions Private Limited
Ascendion Digital Solutions has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Kumar Agarwal | Additional Director | 27 Jan 2026 | 0 Years 9 Months | Current |
| Radhakrishnan Rajagopalan Also directs: Pvlnb Private Limited | Additional Director | 27 Jan 2026 | 0 Years 9 Months | Current |
| Prakash Balasubramanian Also directs: Nitor Infotech Private Limited | Additional Director | 27 Jan 2026 | 0 Years 9 Months | Current |
Auditor
Ascendion Digital Solutions Private Limited is audited by SRBC and Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SRBC and Co LLP | FY 2023 | 324982E/E300003 |
Shareholding
The shareholding of Ascendion Digital Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ascendion Digital Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Dec 2023 | 100844552 | The Hongkong and Shanghai Banking Corporation Limited | ₹30 Cr | Satisfied | |
| 07 Nov 2020 | 100390210 | Axis Bank Limited | ₹12.5 Cr | Satisfied | |
| 02 Nov 2020 | 100390396 | Others | ₹20 Cr | Satisfied | |
| 30 Oct 2019 | 100303570 | Hdfc Bank Limited | ₹10 Cr | Satisfied | |
| 20 Dec 2016 | 100119602 | Others | ₹60 Lakh | Satisfied |
To see the full charge records of Ascendion Digital Solutions Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Ascendion Digital Solutions Private Limited has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹2.21 Cr; the latest was in March 2019.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Cognixia Holdings Inc Seller: Collabera Holdings Inc. |
| Dec 2016 | Funding round | ₹2.21 Cr | Investors: Collabera Holdings Inc., an individual |
| Sep 2014 | Secondary share transfer | Undisclosed | Buyer: Collabera Holdings Inc. Seller: One GCI INC. |
| Sep 2008 | Secondary share transfer | Undisclosed | Buyer: One GCI INC. Seller: 4 individuals |
| Sep 2007 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: One GCI INC. |
To see the full deal history of Ascendion Digital Solutions Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ascendion Digital Solutions Private Limited has 3 court cases on record: 2 filed by Ascendion Digital Solutions, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against an individual | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Ascendion Digital Solutions 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.
Credit ratings & regulatory alerts
Ascendion Digital Solutions Private Limited was last rated by Crisil on 15 Apr 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 15 Apr 2021 |
To see the full credit ratings and regulatory alerts of Ascendion Digital Solutions Private Limited, buy the company report.
MSME payment delays
Ascendion Digital Solutions Private Limited has 16 MSME Form 1 returns on record between 2018 and 2023, listing 446 overdue payments to 55 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 55)
To see the full MSME payment records of Ascendion Digital Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ascendion Digital Solutions Private Limited has a workforce of 2,400 employees on its EPFO records as of Jul 06, 2024, across 1 active EPFO establishment.
GST
Ascendion Digital Solutions has 11 GST registrations: 7 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCM4351R1Z5 | Gujarat | Active | 01 Jul 2017 |
| 27AACCM4351R2ZY | Maharashtra | Active | 29 Aug 2017 |
| 29AACCM4351R2ZU | Karnataka | Active | 29 Aug 2017 |
| 19AACCM4351R1ZW | West Bengal | Active | 07 Sep 2017 |
To see the full GST registrations and return filing status of Ascendion Digital Solutions Private Limited, buy the company report.
Recent activity
Ascendion Digital Solutions Private Limited has 16 board changes on record since 2010: 3 appointments and 13 cessations. The latest: Amit Kumar Agarwal was appointed as Additional Director on 27 Jan 2026.
18 earlier events are in the company report.
Frequently asked questions
Ascendion Digital Solutions is an active private limited company based in Vadodara, Gujarat, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 26 November 1998 (28+ years old) and is registered under CIN U62099GJ1998PTC035036.
Ascendion Digital Solutions has 3 current directors:
- Amit Kumar Agarwal - Additional Director
- Radhakrishnan Rajagopalan - Additional Director
- Prakash Balasubramanian - Additional Director
The latest financial statements of Ascendion Digital Solutions 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 2015 are in the company report.
The GSTIN of Ascendion Digital Solutions is 24AACCM4351R1Z5, registered in Gujarat. The company has 11 GST registrations in all, of which 7 are active and 4 are cancelled or inactive. Other active GSTINs include 27AACCM4351R2ZY (Maharashtra), 29AACCM4351R2ZU (Karnataka), 19AACCM4351R1ZW (West Bengal).
The CIN (Corporate Identification Number) of Ascendion Digital Solutions is U62099GJ1998PTC035036. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ascendion Digital Solutions has 3 court cases on record: 2 filed by the company and 1 filed against it.
Ascendion Digital Solutions was incorporated on 26 November 1998, making it 28+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ascendion Digital Solutions has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹2.21 Cr; the latest was in March 2019.
Amit Kumar Agarwal was appointed as Additional Director on 27 Jan 2026. Prakash Balasubramanian was appointed as Additional Director on 27 Jan 2026. Radhakrishnan Rajagopalan was appointed as Additional Director on 27 Jan 2026. Ascendion Digital Solutions has 16 board changes on record in total.
Ascendion Digital Solutions has 16 MSME Form 1 returns on record between 2018 and 2023, listing 446 overdue payments to 55 micro and small suppliers. The latest return was filed on 16 Dec 2023.
Ascendion Digital Solutions can be reached through the website collabera.co.in. Its registered office is in Vadodara, Gujarat, India.