About Ascensor Technologies Private Limited
Data last updated:
Ascensor Technologies Private Limited is a private limited company based in Konanakunte, Karnataka, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 27 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29306KA2016PTC093702. Its GSTIN is 29AAOCA4444K1Z7 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mohammed Shahid Nezamuddin and Rajashree Bangalore Prabhakar.
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 Konanakunte, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.1 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹23.22 Lakh (net margin 11.1%) and EBITDA of ₹25.49 Lakh (EBITDA margin 12.2%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 25% over five years.
The company is associated with 1 brand: Ascensor Technologies. As per MCA filings, the company has open charges of ₹35 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ascensortech.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo. 10 Gundamma Nilaya Ground Floor Situated At Pushpak Pharm Chunchaghatta, Main Road, Konanakunte, Karnataka, India – 560062
- IndustryEnergy and Power, Power Equipment Manufacturers
- 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 Ascensor Technologies Private Limited
The main business activity of Ascensor Technologies is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles | 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 Ascensor Technologies Private Limited FY 2025 filings available
Ascensor Technologies Private Limited reported revenue of ₹2.1 Cr (up 25% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ascensor Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 25% growth in the latest year. EBITDA rose 22% 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 Ascensor Technologies 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹25.49 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹23.22 Lakh | •••• | •••• | •••• | •••• |
| 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 of Ascensor Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 11.1% | •••• | •••• | •••• | •••• |
| 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 Ascensor Technologies 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.
Peer Comparison of Ascensor Technologies Private Limited
Ascensor Technologies Private Limited is compared with the companies closest to it by revenue in the Power industry (Power Equipment Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Devaki Hi-Energy Batteries Private Limited | ₹2.11 Cr (FY 2024) | •••• | •••• | -37.0% | •••• | Bangalore, Karnataka, India |
| Servo Sine Systems Private Limited | ₹2.11 Cr (FY 2024) | •••• | •••• | -8.0% | •••• | Delhi, India |
| Shakunt Electro Systems Private Limited | ₹2.11 Cr (FY 2024) | •••• | •••• | -4.0% | •••• | Meerut, Uttar Pradesh, India |
| Tech Up Engineering Private Limited | ₹2.1 Cr (FY 2024) | •••• | •••• | -20.0% | •••• | Tiruchirappalli, Tamil Nadu, India |
| Abm Energo Engineers Private Limited | ₹2.1 Cr (FY 2025) | •••• | •••• | 814.0% | •••• | Bangalore, Karnataka, India |
| Ascensor Technologies Private Limited this company | ₹2.1 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Konanakunte, Karnataka, India |
| Gilbert and Maxwell Electricals Pvt Ltd | ₹2.1 Cr (FY 2022) | •••• | •••• | 72.0% | •••• | Vadodara, Gujarat, India |
| Beybey Engineering & Exim Private Limited | ₹2.09 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Gurgaon, Haryana, India |
| Reenergy Infra Private Limited | ₹2.08 Cr (FY 2024) | •••• | •••• | 47.0% | •••• | Hyderabad, Telangana, India |
| Drise Power Infratech Private Limited | ₹2.08 Cr (FY 2025) | •••• | •••• | 99.0% | •••• | Bhiwadi, Rajasthan, India |
| Phovoezolar Energy Private Limited | ₹2.08 Cr (FY 2024) | •••• | •••• | -56.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Ascensor Technologies by revenue in the Power industry (Power Equipment Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ascensor Technologies Private Limited
Ascensor Technologies Private Limited is audited by CHINNAPPA&ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CHINNAPPA&ASSOCIATES | 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 Ascensor Technologies Private Limited
Ascensor Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohammed Shahid Nezamuddin | Director | 27 May 2016 | 10 Years 4 Months | Current |
| Rajashree Bangalore Prabhakar | Director | 08 Sep 2021 | 5 Years 1 Months | Current |
Ownership and Shareholding of Ascensor Technologies 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 Ascensor Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Apr 2025 | Others | ₹35 Lakh | Open |
Total charge records: 1 View all charges
Associated Brands with Ascensor Technologies Private Limited
Ascensor Technologies operates one associated brand: Ascensor Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of electronic solutions for power and automation sectors. | ascensortech.com |
Employees and EPFO Compliance at Ascensor Technologies Private Limited
Employment history and EPFO contributions of people linked to Ascensor Technologies.
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.
Recent Activity on Ascensor Technologies Private Limited
Ascensor Technologies Private Limited has 3 board changes on record since 2016: 2 appointments and 1 cessation. The latest: Raghavendra Prasad Thirumalabukkapatnam ceased to be Director on 08 Sep 2021.
Credit Ratings, Litigation & Regulatory Alerts for Ascensor Technologies 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 Ascensor Technologies 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 Ascensor Technologies 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 Ascensor Technologies Private Limited
Ascensor Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAOCA4444K1Z7 | Karnataka | Active | 01 Jul 2017 |
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 Ascensor Technologies 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 Ascensor Technologies Private Limited
Ascensor Technologies is an active private limited company based in Konanakunte, Karnataka, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 27 May 2016 (10+ years old) and is registered under CIN U29306KA2016PTC093702.
Ascensor Technologies reported revenue of ₹2.1 Cr for FY 2025 (up 25% YoY).
Ascensor Technologies has 2 current directors:
- Mohammed Shahid Nezamuddin - Director
- Rajashree Bangalore Prabhakar - Director
Ascensor Technologies reported a net profit of ₹23.22 Lakh (net margin 11.1%) and EBITDA of ₹25.49 Lakh (EBITDA margin 12.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ascensor Technologies is 26% over three years and 25% over five years. In the latest year (FY 2025) revenue rose 25%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ascensor Technologies is 29AAOCA4444K1Z7, registered in Karnataka.
The CIN (Corporate Identification Number) of Ascensor Technologies is U29306KA2016PTC093702. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ascensor Technologies was incorporated on 27 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Ascensor Technologies by revenue are Devaki Hi-Energy Batteries Private Limited, Servo Sine Systems Private Limited, Shakunt Electro Systems Private Limited, Tech Up Engineering Private Limited, Abm Energo Engineers Private Limited and 5 more, all in the Power industry (Power Equipment Manufacturers).
Raghavendra Prasad Thirumalabukkapatnam ceased to be Director on 08 Sep 2021. Rajashree Bangalore Prabhakar was appointed as Director on 08 Sep 2021. Mohammed Shahid Nezamuddin was appointed as Director on 27 May 2016.
Ascensor Technologies can be reached through the website ascensortech.com. Its registered office is in Konanakunte, Karnataka, India.