About Ascendion Engineering Private Limited
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Ascendion Engineering Private Limited is a private limited company based in Vadodara, Gujarat, India, a subsidiary of Ascendion Inc. , Usa. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 01 December 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2016PTC094533. Its GSTIN is 24AAGCC7353R1Z3 (Gujarat). The company holds 7 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2.82 Lakh. It was formerly known as Collabera Services Private Limited. It is led by directors Vinay Surendra Verma and Pradeep Muralidharan Nair.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Collabera House II Ground Floor Tower B Mayfair Corporate Park, Vadodara, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹840.19 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹70.45 Cr (net margin 8.4%) and EBITDA of ₹116.65 Cr (EBITDA margin 13.9%). Revenue has grown at a compounded annual rate (CAGR) of 68% over three years and 46% over five years.
The company has about 2,082 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 2 brands: Ascendion and Collabera. As per MCA filings, the company has open charges of ₹50 Lakh and satisfied charges of ₹46.7 Lakh on record. Court records list 2 cases involving the company, including 2 filed by the company. The company has 1 deal on record (1 secondary share transfer); the latest was in February 2017.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ascendion.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressCollabera House II Ground Floor Tower B Mayfair Corporate Park Bh Dps School K, Alali, Vadodara, Gujarat, India – 390012
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
- 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
- One PDF report, delivered after checkout
Business Activity of Ascendion Engineering Private Limited
The main business activities of Ascendion Engineering are support service to organizations and information and communication. In detail, this covers placement agencies and hr management services and computer programming, consultancy and related activities. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services | Locked |
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ascendion Engineering Private Limited FY 2024 filings available
Ascendion Engineering Private Limited reported revenue of ₹840.19 Cr (up 29% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ascendion Engineering Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 46% over five years, including 29% growth in the latest year. EBITDA rose 9% 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 of Ascendion Engineering Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹116.65 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹70.45 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
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| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Ascendion Engineering Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ascendion Engineering are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Ascendion Engineering Private Limited
Ascendion Engineering Private Limited is audited by SRBC&COLLP for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SRBC&COLLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Ascendion Engineering Private Limited
Ascendion Engineering has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinay Surendra Verma Also directs: Nitor Infotech Private Limited | Director | 01 Dec 2016 | 9 Years 10 Months | Current |
| Pradeep Muralidharan Nair Also directs: Nitor Infotech Private Limited, Hyqoo Solutions Private Limited, Collabera Talent Solutions Private Limited and 1 more | Director | 23 Sep 2021 | 5 Years 0 Months | Current |
Ownership and Shareholding of Ascendion Engineering Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ascendion Engineering Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Feb 2025 | The Hongkong and Shanghai Banking Corporation Limited | ₹50 Lakh | Open |
| 04 Jan 2020 | Hdfc Bank Limited | ₹31.7 Lakh | Satisfied |
| 29 Mar 2018 | Others | ₹15 Lakh | Satisfied |
Total charge records: 3 View all charges
Deals & Funding of Ascendion Engineering Private Limited
Ascendion Engineering Private Limited has 1 deal on record (1 secondary share transfer); the latest was in February 2017.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2017 | Secondary share transfer | Undisclosed | Buyer: Ascendion Inc. Seller: 2 individuals |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Ascendion Engineering Private Limited
Ascendion Engineering Private Limited has 2 court cases on record: 2 filed by Ascendion Engineering. All cases are disposed. Status as checked between 03 Oct 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Court case (SMST R) | Filed by the company against an individual | Disposed |
| District court, Vadodara, Gujarat | Court case (SMST R) | Filed by the company against an individual | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Ascendion Engineering Private Limited
Ascendion Engineering operates two associated brands: Ascendion and Collabera. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Recruitment, staff augmentation, and IT services are provided globally. | collabera.com | |
| Provides AI-driven software engineering and digital transformation for businesses. | ascendion.com |
Employees and EPFO Compliance at Ascendion Engineering Private Limited
Ascendion Engineering Private Limited has a workforce of 2,082 employees as of Apr 05, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Ascendion Engineering Private Limited
Ascendion Engineering has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Nitor Infotech Private Limited | U72200PN2006PTC129031 | Locked |
Showing major subsidiaries. Total: 1.
News related to Ascendion Engineering Private Limited
Recent Activity on Ascendion Engineering Private Limited
Ascendion Engineering Private Limited has 5 board changes on record since 2016: 2 appointments and 3 cessations. The latest: Pradeep Muralidharan Nair ceased to be Additional Director on 30 Nov 2021.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ascendion Engineering Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Ascendion Engineering Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ascendion Engineering Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ascendion Engineering Private Limited
Ascendion Engineering has 7 GST registrations: 5 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCC7353R1Z3 | Gujarat | Active | 01 Jul 2017 |
| 24AAGCC7353R2Z2 | Gujarat | Active | 18 Mar 2025 |
| 29AAGCC7353R1ZT | Karnataka | Active | 22 Aug 2017 |
| 33AAGCC7353R1Z4 | Tamil Nadu | Active | 12 Jul 2023 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ascendion Engineering Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ascendion Engineering Private Limited
Ascendion Engineering 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 01 December 2016 (10+ years old) and is registered under CIN U74999GJ2016PTC094533.
Ascendion Engineering reported revenue of ₹840.19 Cr for FY 2025 (up 29% YoY).
Ascendion Engineering has 2 current directors:
- Vinay Surendra Verma - Director
- Pradeep Muralidharan Nair - Director
Ascendion Engineering reported a net profit of ₹70.45 Cr (net margin 8.4%) and EBITDA of ₹116.65 Cr (EBITDA margin 13.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ascendion Engineering is 68% over three years and 46% over five years. In the latest year (FY 2025) revenue rose 29%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ascendion Engineering is 24AAGCC7353R1Z3, registered in Gujarat. The company has 7 GST registrations in all, of which 5 are active and 2 are cancelled or inactive. Other active GSTINs include 24AAGCC7353R2Z2 (Gujarat), 29AAGCC7353R1ZT (Karnataka), 33AAGCC7353R1Z4 (Tamil Nadu).
The CIN (Corporate Identification Number) of Ascendion Engineering is U74999GJ2016PTC094533. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ascendion Engineering has 2 court cases on record: 2 filed by the company.
Ascendion Engineering was incorporated on 01 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ascendion Engineering has 1 deal on record (1 secondary share transfer); the latest was in February 2017.