About Ascent Buildhome Developers Limited
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Ascent Buildhome Developers Limited is a public limited company based in Jaipur, Rajasthan, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 29 June 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U45201RJ2005PLC020959. Its GSTIN is 08AAHCA6457H1ZG (Rajasthan). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹47.73 Lakh. It was formerly known as Ascent Buildhome Developers Private Limited. It is led by directors including Murshid Ahmed and Salma Murshid.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at J – 100 Basement Ashok Chowk Adarsh Nagar, Jaipur, Rajasthan, India – 302004.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.34 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net profit of ₹19.46 Lakh (net margin 8.3%) and EBITDA of ₹45.22 Lakh (EBITDA margin 19.4%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 110% over five years.
As per MCA filings, the company has open charges of ₹36.9 Lakh on record. Court records list 7 cases involving the company, including 4 filed by the company and 3 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website ascentbuildhome.com.
Company details
CIN history
Ascent Buildhome Developers has one previous CIN (Corporate Identification Number): U45201RJ2005PTC020959. The current CIN is U45201RJ2005PLC020959, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45201RJ2005PLC020959 | Current |
| U45201RJ2005PTC020959 | Previous |
Contact details
Ascent Buildhome Developers Limited's registered office is in Jaipur, Rajasthan. Its website is ascentbuildhome.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressJ – 100 Basement Ashok Chowk Adarsh Nagar, Jaipur, Rajasthan, India – 302004
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Ascent Buildhome Developers 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 Ascent Buildhome Developers is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Ascent Buildhome Developers Limited, buy the company report.
Financials of Ascent Buildhome Developers Limited
FY 2024 filings availableAscent Buildhome Developers Limited reported revenue of ₹2.34 Cr (up 36% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 110% over five years, including 36% growth in the latest year. EBITDA fell 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹45.22 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹19.46 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.4% | ||||
| Net Profit Margin | 8.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ascent Buildhome Developers Limited, buy the company report.
Board of directors of Ascent Buildhome Developers Limited
Ascent Buildhome Developers has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Murshid Ahmed Also directs: Hav Infra Developers Private Limited, Raza Education Foundation | Director | 29 Jun 2005 | 21 Years 4 Months | Current |
| Salma Murshid Also directs: Raza Education Foundation | Director | 29 Jun 2005 | 21 Years 4 Months | Current |
| Ahmed Vaqas | Director | 17 Apr 2018 | 8 Years 6 Months | Current |
| Afshan Fatima | Director | 17 Apr 2018 | 8 Years 6 Months | Current |
Peer comparison
Ascent Buildhome Developers Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Srion Corporates Private Limited | ₹2.34 Cr (FY 2025) | 835.0% | Gurgaon, Haryana, India | |||
| Ascent Buildhome Developers Limitedthis company | ₹2.34 Cr (FY 2024) | ₹19.46 Lakh | 8.3% | 36.0% | Jaipur, Rajasthan, India | |
| Shivalik Dealmark Private Limited | ₹2.34 Cr (FY 2025) | -34.0% | Kolkata, West Bengal, India | |||
| Maddalena Promoters Private Limited | ₹2.33 Cr (FY 2024) | 75.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Ascent Buildhome Developers Limited, buy the company report.
Auditor
Ascent Buildhome Developers Limited is audited by MANISH GOYAL & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANISH GOYAL & CO | FY 2022 | 006066C |
Shareholding
The shareholding of Ascent Buildhome Developers Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ascent Buildhome Developers Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Aug 2022 | 100642759 | Hdfc Bank Limited | ₹22.64 Lakh | Open | |
| 10 Mar 2006 | 10011606 | Canara Bank | ₹14.26 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Ascent Buildhome Developers Limited has 7 court cases on record: 4 filed by Ascent Buildhome Developers, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 2 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Rajasthan | Arbitration matter | Filed against the company by Mahima Real Estate Pvt.Ltd. | Disposed |
| High Court | Arbitration matter | Filed against the company by Mahima Real Estate Pvt Ltd and 1 other | Disposed |
| High Court of Rajasthan | Writ petition | Filed by the company against State of Rajasthan | Disposed |
| High Court | Writ petition | Filed by the company against State of Rajasthan and 2 others | Disposed |
| High Court | Writ petition | Filed by the company against State of Rajasthan Through the Secretary and 2 others | Disposed |
To see the full case history of Ascent Buildhome Developers 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
No delayed payments to MSME suppliers are on our record for Ascent Buildhome Developers Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ascent Buildhome Developers Limited has 1 active EPFO establishment as of Mar 21, 2024.
GST
Ascent Buildhome Developers has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAHCA6457H1ZG | Rajasthan | Active | 08 May 2018 |
| 06ACEFS5234N1ZT | Haryana | Active | 09 Aug 2017 |
| 21AAHCA6457H1ZS | Odisha | Active | 24 May 2022 |
To see the full GST registrations and return filing status of Ascent Buildhome Developers Limited, buy the company report.
Recent activity
Ascent Buildhome Developers Limited has 6 board changes on record since 2005: 5 appointments and 1 cessation. The latest: Mohammed Qaiser ceased to be Director on 07 Oct 2020.
Frequently asked questions
Ascent Buildhome Developers is an active public limited company based in Jaipur, Rajasthan, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 29 June 2005 (21+ years old) and is registered under CIN U45201RJ2005PLC020959.
Ascent Buildhome Developers has 4 current directors:
- Murshid Ahmed - Director
- Salma Murshid - Director
- Ahmed Vaqas - Director
- Afshan Fatima - Director
The latest financial statements of Ascent Buildhome Developers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Ascent Buildhome Developers is 08AAHCA6457H1ZG, registered in Rajasthan. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 06ACEFS5234N1ZT (Haryana), 21AAHCA6457H1ZS (Odisha).
The CIN (Corporate Identification Number) of Ascent Buildhome Developers is U45201RJ2005PLC020959. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ascent Buildhome Developers has 7 court cases on record: 4 filed by the company and 3 filed against it. Most are in the high courts.
Ascent Buildhome Developers was incorporated on 29 June 2005, making it 21+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Ascent Buildhome Developers by revenue are Srion Corporates Private Limited, Shivalik Dealmark Private Limited, Maddalena Promoters Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Mohammed Qaiser ceased to be Director on 07 Oct 2020. Afshan Fatima was appointed as Director on 17 Apr 2018. Ahmed Vaqas was appointed as Director on 17 Apr 2018. Ascent Buildhome Developers has 6 board changes on record in total.
Ascent Buildhome Developers can be reached through the website ascentbuildhome.com. Its registered office is in Jaipur, Rajasthan, India.
The registered office of Ascent Buildhome Developers is at J – 100 Basement Ashok Chowk Adarsh Nagar, Jaipur, Rajasthan, India – 302004.
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