Ascendion Digital Solutions Private Limited

Ascendion Digital Solutions Private Limited - business outsourcing in Vadodara, Gujarat, India. FY 2026 financials & compliance.
CIN U62099GJ1998PTC035036 Incorporated 26 November 1998 ROC Ahmedabad HQ Vadodara, Gujarat, India
Active Private Limited Company business outsourcing
Data last updated
Revenue · FY 2025
₹339.04 Cr
▲ 3% YoY
Net profit · FY 2025
₹32.72 Cr
Net margin 9.6%
EBITDA · FY 2025
₹145.2 Cr
EBITDA margin 42.8%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.31 Cr
Issued & subscribed
Satisfied charges
₹73.1 Cr
No open charges
Company age
28 yrs
Est. 1998
Employees · EPFO
2,400
Provident fund records

About Ascendion Digital Solutions Private Limited

Data last updated:

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

CIN U62099GJ1998PTC035036
Registration Number 035036
Incorporation Date 26 November 1998
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Collabera Holdings Inc.
Compliance Status Active Compliant

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 NameStatus
Ascendion Digital Solutions Private LimitedCurrent
Collabera Technologies Asia Private LimitedPrevious
Gci Technologies Asia Private LimitedPrevious

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.

CINStatus
U62099GJ1998PTC035036Current
U74200GJ1998PTC035036Previous

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
  • Social Media
  • Registered Address
    Ficus Court 9th Floor Alembic City, Alembic Road, Vadodara, Gujarat, India – 390003
  • Industry
    Business Outsourcing, HR Outsourcing & Talent Management

To see the full contact details of Ascendion Digital Solutions Private Limited, buy the company report.

Comprehensive company report
Ascendion Digital Solutions Private Limited - one report that includes everything
  • 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
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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 codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer 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 available

Ascendion Digital Solutions Private Limited reported revenue of ₹339.04 Cr (up 3% YoY) for FY 2025.

Revenue · FY 2025
₹339.04 Cr ▲ 3%
Net profit · FY 2025
₹32.72 Cr margin 9.6%
EBITDA · FY 2025
₹145.2 Cr margin 42.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 3%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▲ 59%
3 years · compounded
▲ 6%
5 years · compounded
▲ 33%

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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹339.04 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹145.2 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹32.72 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin42.8%
Net Profit Margin9.6%
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 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.

Current Directors
NameDesignationAppointment DateTenureStatus
Amit Kumar AgarwalAdditional Director27 Jan 20260 Years 9 MonthsCurrent
Radhakrishnan RajagopalanAdditional Director27 Jan 20260 Years 9 MonthsCurrent
Prakash BalasubramanianAdditional Director27 Jan 20260 Years 9 MonthsCurrent

Auditor

Ascendion Digital Solutions Private Limited is audited by SRBC and Co LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
SRBC and Co LLPFY 2023324982E/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 categoryFY 2023FY 2022FY 2021FY 2020FY 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

Open charges
None
Satisfied charges
₹73.1 Cr
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
DateCharge IDLenderAmountStatusModified or satisfied on
18 Dec 2023100844552The Hongkong and Shanghai Banking Corporation Limited₹30 CrSatisfied
07 Nov 2020100390210Axis Bank Limited₹12.5 CrSatisfied
02 Nov 2020100390396Others₹20 CrSatisfied
30 Oct 2019100303570Hdfc Bank Limited₹10 CrSatisfied
20 Dec 2016100119602Others₹60 LakhSatisfied

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.

Total deals
6
Secondary share transfers
5
Funding round
1
Disclosed funding
₹2.21 Cr

Deals on record (5 of 6)

WhenDealAmountParties
Mar 2019Secondary share transferUndisclosedBuyer: Cognixia Holdings Inc
Seller: Collabera Holdings Inc.
Dec 2016Funding round₹2.21 CrInvestors: Collabera Holdings Inc., an individual
Sep 2014Secondary share transferUndisclosedBuyer: Collabera Holdings Inc.
Seller: One GCI INC.
Sep 2008Secondary share transferUndisclosedBuyer: One GCI INC.
Seller: 4 individuals
Sep 2007Secondary share transferUndisclosedBuyer: 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.

Credit ratings & regulatory alerts

Ascendion Digital Solutions Private Limited was last rated by Crisil on 15 Apr 2021.

Rating agencyRated onRating
Crisil15 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)

SupplierAmount dueDue sinceReported on
Mindrives Business Solutions Private Limited
Million Minds Infotech Private Limited
Pi Data Centers Private Limited
Cirrusrays Private Limited
Prakat Solutions Private Limited

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.

Employee count
2,400
Active EPFO establishments
1
Employee growth
-36.76%

GST

Ascendion Digital Solutions has 11 GST registrations: 7 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
11
Active
7
Cancelled / inactive
4
GSTINStateStatusRegistered on
24AACCM4351R1Z5GujaratActive01 Jul 2017
27AACCM4351R2ZYMaharashtraActive29 Aug 2017
29AACCM4351R2ZUKarnatakaActive29 Aug 2017
19AACCM4351R1ZWWest BengalActive07 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.

Appointed
Amit Kumar Agarwal was appointed as Additional Director.
Appointed
Prakash Balasubramanian was appointed as Additional Director.
Appointed
Radhakrishnan Rajagopalan was appointed as Additional Director.
AGM
Ascendion Digital Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 07 Nov 2020 via Charge ID 100390210 with Axis Bank Limited was fully satisfied on 05 Jun 2025.
Charges
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.
Charges
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.
Filing
Ascendion Digital Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Kushal Devendra Kothari ceased to be Additional Director.
Ceased
Mirang Pravinchandra Shah ceased to be Additional Director.
Charges
A charge registered on 02 Nov 2020 via Charge ID 100390396 with Others was fully satisfied on 18 Jul 2024.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 30.00 Cr with Charge ID 100844552 was registered on 18 Dec 2023.

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:

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.