About Ascent Business Solutions India Private Limited
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Ascent Business Solutions India Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 28 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72300MH2011PTC215404. Its GSTIN is 27AAJCA6359A1ZR (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Ajay Kapoor and Rajat Kapoor.
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 Plot No. 22 IT Park Opp. Vnit Campus South Ambazari Road, Nagpur, Maharashtra, India – 440022.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.49 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹2.4 Cr (net margin 28.2%) and EBITDA of ₹3.2 Cr (EBITDA margin 37.7%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 16% over five years.
The company has about 62 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ascent Business Solutions. As per MCA filings, the company has open charges of ₹1.13 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ascent-group.com.
Company details
Contact details
Ascent Business Solutions India Private Limited's registered office is in Nagpur, Maharashtra. Its website is ascent-group.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 22 IT Park Opp. Vnit Campus South Ambazari Road, Nagpur, Maharashtra, India – 440022
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Ascent Business Solutions India 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
Brands
Ascent Business Solutions India operates one associated brand: Ascent Business Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of BPO services for healthcare | ascent-group.com |
Business activity
The main business activity of Ascent Business Solutions India is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Ascent Business Solutions India Private Limited, buy the company report.
Financials of Ascent Business Solutions India Private Limited
FY 2025 filings availableAscent Business Solutions India Private Limited reported revenue of ₹8.49 Cr (down 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 6% fall in the latest year. EBITDA fell 14% 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 | ₹3.2 Cr | ||||
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| Net Profit (PAT) | ₹2.4 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 37.7% | ||||
| Net Profit Margin | 28.2% | ||||
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To see the full financial statements and ratios of Ascent Business Solutions India Private Limited, buy the company report.
Board of directors of Ascent Business Solutions India Private Limited
Ascent Business Solutions India has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Kapoor | Director | 28 Mar 2011 | 15 Years 7 Months | Current |
| Rajat Kapoor | Director | 28 Mar 2011 | 15 Years 7 Months | Current |
| Avinashchandra Chamanlal Kapoor | Director | 28 Mar 2011 | 15 Years 7 Months | Current |
Peer comparison
Ascent Business Solutions India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (data processing, hosting and related activities; web portal), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Matrix Media Solutions Private Limited | ₹8.6 Cr (FY 2023) | 33.0% | Kolkata, West Bengal, India | |||
| Leadque Global Businesstobusiness Private Limited | ₹8.59 Cr (FY 2024) | 37.0% | Pune, Maharashtra, India | |||
| C-Metric Solutions Private Limited | ₹8.59 Cr (FY 2025) | -3.0% | Gandhinagar, Gujarat, India | |||
| Global Tenders Services Private Limited | ₹8.55 Cr (FY 2024) | 58.0% | Mumbai, Maharashtra, India | |||
| Kaushalam Digital Private Limited | ₹8.53 Cr (FY 2024) | 2.0% | Ahmedabad, Gujarat, India | |||
| Ascent Business Solutions India Private Limitedthis company | ₹8.49 Cr (FY 2025) | ₹2.4 Cr | 28.2% | -6.0% | 62 | Nagpur, Maharashtra, India |
| True Fit Development India Private Limited | ₹8.48 Cr (FY 2024) | -10.0% | Mumbai, Maharashtra, India | |||
| Offer18 Tracking Platform Private Limited | ₹8.44 Cr (FY 2025) | 2.0% | Malout, Punjab, India | |||
| Biobase Databases India Private Limited | ₹8.42 Cr (FY 2016) | 12.0% | Bangalore, Karnataka, India | |||
| Skorydov Systems Private Limited | ₹8.42 Cr (FY 2025) | 362.0% | Mumbai, Maharashtra, India | |||
| Cellarstone India Private Limited | ₹8.41 Cr (FY 2025) | -8.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Ascent Business Solutions India Private Limited, buy the company report.
Auditor
Ascent Business Solutions India Private Limited is audited by A BHANSALI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A BHANSALI & ASSOCIATES | FY 2023 | 116154W |
Shareholding
The shareholding of Ascent Business Solutions India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ascent Business Solutions India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Oct 2022 | 100643607 | Others | ₹1.13 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Ascent Business Solutions India Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Medchal Malkajgiri, Telangana | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Ascent Business Solutions India 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
No delayed payments to MSME suppliers are on our record for Ascent Business Solutions India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ascent Business Solutions India Private Limited has a workforce of 62 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Ascent Business Solutions India has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCA6359A1ZR | Maharashtra | Active | 01 Jul 2017 |
| 19AAJCA6359A1ZO | West Bengal | Active | 12 Aug 2017 |
To see the full GST registrations and return filing status of Ascent Business Solutions India Private Limited, buy the company report.
Recent activity
Ascent Business Solutions India Private Limited has 3 board changes on record since 2011: 3 appointments. The latest: Ajay Kapoor was appointed as Director on 28 Mar 2011.
Frequently asked questions
Ascent Business Solutions India is an active private limited company based in Nagpur, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 28 March 2011 (15+ years old) and is registered under CIN U72300MH2011PTC215404.
Ascent Business Solutions India has 3 current directors:
- Ajay Kapoor - Director
- Rajat Kapoor - Director
- Avinashchandra Chamanlal Kapoor - Director
The latest financial statements of Ascent Business Solutions India 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 Ascent Business Solutions India is 27AAJCA6359A1ZR, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 19AAJCA6359A1ZO (West Bengal).
The CIN (Corporate Identification Number) of Ascent Business Solutions India is U72300MH2011PTC215404. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ascent Business Solutions India has 1 court case on record: 1 filed against it. 1 is pending.
Ascent Business Solutions India was incorporated on 28 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ascent Business Solutions India by revenue are Matrix Media Solutions Private Limited, Leadque Global Businesstobusiness Private Limited, C-Metric Solutions Private Limited, Global Tenders Services Private Limited, Kaushalam Digital Private Limited and 5 more, all in the same principal business activity (data processing, hosting and related activities; web portal).
Ajay Kapoor was appointed as Director on 28 Mar 2011. Avinashchandra Chamanlal Kapoor was appointed as Director on 28 Mar 2011. Rajat Kapoor was appointed as Director on 28 Mar 2011.
Ascent Business Solutions India can be reached through the website ascent-group.com. Its registered office is in Nagpur, Maharashtra, India.
The registered office of Ascent Business Solutions India is at Plot No. 22 IT Park Opp. Vnit Campus South Ambazari Road, Nagpur, Maharashtra, India – 440022.
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