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: U74200GJ1998PTC035036. 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, 7 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
Revenue Growth **** 13.70% (FY 2023)
Profit Growth **** -70.05% (FY 2023)
Ebitda **** -186.05% (FY 2023)
Net Worth 0.92% (FY 2023)
Total Assets **** 28.35% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Ascendion Digital Solutions Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report

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.

Collabera Technologies Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.7% increase. The company also saw a substantial fall in profitability, with a 70.05% decrease in profit. The company's net worth moved up by a moderate rise of 0.92%.

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

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

13.70%

*******

Revenue from Operations

*******

12.78%

*******

Total Assets

*******

28.35%

*******

Profit or Loss

*******

-70.05%

*******

Net Worth

*******

0.92%

*******

EBITDA

*******

-186.05%

*******

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

In 2023, Ascendion Digital Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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?

Ascendion Digital Solutions has a workforce of 2400 employees as of Jul 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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

Gain comprehensive insights into the Deals and Valuation data of Ascendion Digital Solutions, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Ascendion Digital Solutions's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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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

The activity 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 completed.
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. was recorded as a recent event.
24 Apr 2025
Annual General Meeting

Ascendion Digital Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.
30 Sep 2024
Director Appointment

The activity 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 10 months . was completed.
06 Aug 2024
Charges

Progress on A charge registered on 02 Nov 2020 via Charge ID 100390396 with Others was fully satisfied on 18 Jul 2024. was documented.
18 Jul 2024

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