About Ascensio Ventures Private Limited
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Ascensio Ventures Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 09 March 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U63040KA1994PTC015351. Its GSTIN is 29AAACT5409R1ZP (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Travellers Choice Private Limited and Terra Cirq Ventures Private Limited. It is led by directors Niranjan Sachidananda Bhargava (Managing Director) and Keralapura Raghubalan Parthasarathy.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹74.52 Lakh, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹17.45 Lakh (net margin 23.4%) and EBITDA of ₹31.24 Lakh (EBITDA margin 41.9%). Revenue has declined at a compounded annual rate (CAGR) of 75% over three years and 3% over five years.
As per MCA filings, the company has satisfied charges of ₹40 Lakh on record. Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ascensioventures.com.
Company details
Name history
Ascensio Ventures has undergone 2 name changes throughout its history. The company was previously known as Travellers Choice Private Limited, and Terra Cirq Ventures Private Limited. The current legal name is Ascensio Ventures Private Limited.
| Company Name | Status |
|---|---|
| Ascensio Ventures Private Limited | Current |
| Travellers Choice Private Limited | Previous |
| Terra Cirq Ventures Private Limited | Previous |
Contact details
Ascensio Ventures Private Limited's registered office is in Bangalore, Karnataka. Its website is ascensioventures.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. S – 721 7th Floor Manipal Centre 47, Dickenson Road, Bangalore, Karnataka, India – 560042
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Ascensio Ventures 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 Ascensio Ventures is administrative and support service activities. In detail, this covers travel agency, tour operator, reservation service and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Administrative and support service activities | 79 | Travel agency, tour operator, reservation service and related activities |
To see the full business activity and turnover split of Ascensio Ventures Private Limited, buy the company report.
Financials of Ascensio Ventures Private Limited
FY 2025 filings availableAscensio Ventures Private Limited reported revenue of ₹74.52 Lakh (up 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 13% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA rose 6% 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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| EBITDA | ₹31.24 Lakh | ||||
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| Net Profit (PAT) | ₹17.45 Lakh | ||||
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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 | 41.9% | ||||
| Net Profit Margin | 23.4% | ||||
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To see the full financial statements and ratios of Ascensio Ventures Private Limited, buy the company report.
Board of directors of Ascensio Ventures Private Limited
Ascensio Ventures has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Niranjan Sachidananda Bhargava Also directs: Diamas Realty LLP | Managing Director | 20 Jun 2003 | 23 Years 4 Months | Current |
| Keralapura Raghubalan Parthasarathy | Director | 02 Aug 2006 | 20 Years 3 Months | Current |
Auditor
Ascensio Ventures Private Limited is audited by GOWTHAMA AND COMPANY for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GOWTHAMA AND COMPANY | FY 2022 | 005917S |
Shareholding
The shareholding of Ascensio Ventures Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ascensio Ventures Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Aug 2008 | 10243463 | Canara Bank | ₹40 Lakh | Satisfied |
To see the full charge records of Ascensio Ventures Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Ascensio Ventures Private Limited has 6 court cases on record: 5 filed by Ascensio Ventures, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 0 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company by Acma Travel Tours P Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal case | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Ascensio Ventures 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.
MSME payment delays
Ascensio Ventures Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 7 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Forza Enterprises Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Ascensio Ventures Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Ascensio Ventures has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACT5409R1ZP | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ascensio Ventures Private Limited, buy the company report.
Recent activity
Ascensio Ventures Private Limited has 6 board changes on record since 2003: 2 appointments and 4 cessations. The latest: Meghana Balan Bhargava ceased to be Director on 28 Apr 2016.
Frequently asked questions
Ascensio Ventures is an active private limited company based in Bangalore, Karnataka, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 09 March 1994 (32+ years old) and is registered under CIN U63040KA1994PTC015351.
Ascensio Ventures has 2 current directors:
- Niranjan Sachidananda Bhargava - Managing Director
- Keralapura Raghubalan Parthasarathy - Director
The latest financial statements of Ascensio Ventures 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 Ascensio Ventures is 29AAACT5409R1ZP, registered in Karnataka.
The CIN (Corporate Identification Number) of Ascensio Ventures is U63040KA1994PTC015351. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ascensio Ventures has 6 court cases on record: 5 filed by the company and 1 filed against it. Most are in the district courts.
Ascensio Ventures was incorporated on 09 March 1994, making it 32+ years old. It is registered with the Registrar of Companies, Bangalore.
Meghana Balan Bhargava ceased to be Director on 28 Apr 2016. Rakshita Balan ceased to be Director on 29 Sep 2010. Suchitra Krishna Kumar ceased to be Director on 12 Jan 2010. Ascensio Ventures has 6 board changes on record in total.
Ascensio Ventures has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 7 overdue payments to 2 micro and small suppliers. The latest return was filed on 08 Jun 2019.
Ascensio Ventures can be reached through the website ascensioventures.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Ascensio Ventures is at No. S – 721 7th Floor Manipal Centre 47, Dickenson Road, Bangalore, Karnataka, India – 560042.
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