Ascent Air Private Limited - Company Profile

It is a transport and logistics private limited company based in New Delhi, Delhi, India, established in 1998.
1998 New Delhi, Delhi, India Active
Last Updated:
Access Report
About Ascent Air Private Limited

Ascent Air Private Limited, a active private limited company, was established on 17 March 1998 in New Delhi, Delhi, India. Engaging in air transport services within the transport and storage sector, it holds CIN: U63040DL1998PTC092771. Registered under ROC Roc Delhi I. it is unlisted. It has an authorized capital of ₹1.50 Cr and a paid-up capital of ₹1.40 Cr.

It upholds a compliant status. Employing 146 professional, Its leadership includes Jasraj Singh Chug (Director), Pukhraj Singh Chug (Director). Past directors included Nona Pukhraj Chug, Surpreet Kaur Chug, Jyotsaiban Sehgal. It holds ₹209.73 Cr open charges and ₹96.80 Cr settled loans. Its latest AGM occurred on 29 September 2025, with the balance sheet filed on 31 March 2025. It is based at 54 Gole Market, New Delhi, Delhi, 110001.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U63040DL1998PTC092771

  • Registration Number

    092771

  • Incorporation Date

    17 March 1998

  • Authorized Capital

    ₹1.50 Cr

  • Paid-Up Capital

    ₹1.40 Cr

  • ROC Code

    Roc Delhi I

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.40 Cr
  • Company Age 28 Year,
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 209.73 Cr
  • Satisfied Charges ₹ 96.80 Cr
  • Revenue Growth **** -53.68%
  • Profit Growth **** -65.11%
  • Ebitda **** -62.18%
  • Net Worth 5.24%
  • Total Assets -16.49%
Company report

Ascent Air Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Ascent Air 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 Ascent Air Private Limited?
Current Directors
Name Designation Appointment Date Status
Jasraj Singh Chug Director 02 Oct 2006 Current
Pukhraj Singh Chug Director 17 Mar 1998 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 19 Nov 2014 Past
Pramod Abcsdd Director 19 Nov 2014 Past
Pramod Abcsdd Director 19 Nov 2014 Past
Pramod Abcsdd Director 11 Feb 2022 Past
Pramod Abcsdd Director 01 Sep 2011 Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Ascent Air.

Ascent Air Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 53.68% decrease. The company also saw a substantial fall in profitability, with a 65.11% decrease in profit. The company's net worth moved up by a moderate rise of 5.24%.

Ascent Air revenue growth over time
Ascent Air profit and loss trends over time
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
  • 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
********
 -53.68%
*******
*******
*******
*******
Revenue from Operations
*******
 -53.82%
*******
*******
*******
*******
Total Assets
*******
 -16.49%
*******
*******
*******
*******
Profit or Loss
*******
 -65.11%
*******
*******
*******
*******
Net Worth
*******
 5.24%
*******
*******
*******
*******
EBITDA
*******
 -62.18%
*******
*******
*******
*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Ascent Air?

In 2023, Ascent Air had a promoter holding of 100.00%. The company had 8 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • 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

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)
Open Charges

₹2,097,329,137.00

Satisfied Charges

₹968,000,000.00

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 82.68 Cr
  • Yes Bank Limited : 75.00 Cr
  • Others : 30.00 Cr
  • Citi Bank N.A. : 21.00 Cr
  • Axis Bank Limited : 1.05 Cr
Latest Charge Details
Date Lender Amount Status
14 Aug 2025 Hdfc Bank Limited ₹5.45 M Open
22 May 2025 Citi Bank N.A. ₹21.00 Cr Open
19 Sep 2024 Yes Bank Limited ₹11.00 Cr Open
29 Feb 2024 Axis Bank Limited ₹1.05 Cr Open
22 Jun 2023 Others ₹30.00 Cr Open

Explore comprehensive loan charge details -

How Many Employees Work at Ascent Air?

Ascent Air has a workforce of 146 employees as of Aug 05, 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
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ascent Air, 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 Ascent Air's trajectory.

Rating
Graph displaying rating trends over time

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
Alert Indicator

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.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Ascent Air
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Ascent Air Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records. was documented.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 0.54 Cr with Charge ID 101164852 was registered on 14 Aug 2025. was documented.

  • Charges

    The activity A charge with Citi Bank N.A. amounted to Rs. 21.00 Cr with Charge ID 101109057 was registered on 22 May 2025. was completed.

  • Balance Sheet

    Progress on Ascent Air Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi I. was documented.

  • Charges

    The activity A charge registered on 30 Mar 2019 via Charge ID 100255224 with Yes Bank Limited was fully satisfied on 13 Nov 2024. was completed.

  • Charges

    The activity A charge with Yes Bank Limited amounted to Rs. 11.00 Cr with Charge ID 100987829 was registered on 19 Sep 2024. was completed.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Ascent Air Private Limited?

The CIN of Ascent Air Private Limited is U63040DL1998PTC092771.

Where is Ascent Air Private Limited headquartered?

Ascent Air Private Limited is headquartered at 54 Gole Market, New Delhi, Delhi, 110001.

When was Ascent Air Private Limited incorporated?

Ascent Air Private Limited was incorporated on 17 March 1998.

Who are the current directors of Ascent Air Private Limited?

The current directors of Ascent Air Private Limited are

What is the primary industry of Ascent Air Private Limited?

The primary industry of Ascent Air Private Limited is Transport And Storage.

Is Ascent Air Private Limited a listed company?

Ascent Air Private Limited is unlisted.

What is the capital structure of Ascent Air Private Limited?

The authorized capital of Ascent Air Private Limited is ₹1.50 Cr, and the paid-up capital is ₹1.40 Cr.

What is the compliance status of Ascent Air Private Limited?

The compliance status of Ascent Air Private Limited is Compliant.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available