Ascent Commerce Private Limited
About Ascent Commerce Private Limited
Data last updated:
Ascent Commerce Private Limited was a private limited company based in Kolkata, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the brokerage and trading services segment of the financial services sector. It was incorporated on 11 August 2011.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB2011PTC166315.
The company had an authorised share capital of ₹1.03 Cr and a paid-up capital of ₹1.03 Cr. It was led by directors Kovid Mukherjee and Chanchal Anchalia.
Its last annual general meeting (AGM) was held on 30 December 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 293 Gourinath Shastri Sarani Shyamnagar Road 9th Floor Kestopur, Kolkata, West Bengal, India – 700055.
As per the financials filed for FY 2022, the company reported a revenue of ₹5.35 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net loss of ₹17.02 Lakh (net margin -3.2%) and EBITDA of ₹68,474 (EBITDA margin 0.1%). Revenue has grown at a compounded annual rate (CAGR) of 142% over three years and 282% over five years.
Court records list 2 cases involving the company, including 2 filed by the company.
Company details
Contact details
Ascent Commerce Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address is in the company report.
- Email
- Registered Address293 Gourinath Shastri Sarani Shyamnagar Road 9th Floor Kestopur, Kolkata, West Bengal, India – 700055
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Ascent Commerce 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
Financials of Ascent Commerce Private Limited
FY 2022 filings availableAscent Commerce Private Limited reported revenue of ₹5.35 Cr (up 15% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 282% over five years, including 15% growth in the latest year. EBITDA fell 85% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹68,474 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹17.02 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | 0.1% | ||||
| Net Profit Margin | -3.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Ascent Commerce Private Limited, buy the company report.
Board of directors of Ascent Commerce Private Limited
Ascent Commerce 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 |
|---|---|---|---|---|
| Chanchal Anchalia | Additional Director | 01 Jul 2021 | 5 Years 4 Months | As last reported |
| Kovid Mukherjee | Director | 27 Feb 2015 | 11 Years 8 Months | As last reported |
Peer comparison
Ascent Commerce Private Limited is compared with the 6 companies closest to it by revenue in the BFSI industry (Broking Services), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vishwas Fincap Services Private Limited | ₹5.38 Cr (FY 2024) | 83.0% | New Delhi, Delhi, India | |||
| Patel Wealth Advisors Private Limited | ₹5.37 Cr (FY 2025) | -49.0% | Rajkot, Gujarat, India | |||
| Risa Securities Private Limited | ₹5.37 Cr (FY 2025) | -68.0% | Mumbai, Maharashtra, India | |||
| Aamolik Consultancy Services Private Limited | ₹5.36 Cr (FY 2024) | 227.0% | New Delhi, Delhi, India | |||
| Ohana First Capital Private Limited | ₹5.36 Cr (FY 2024) | -15.0% | Pune, Maharashtra, India | |||
| Ascent Commerce Private Limitedthis company | ₹5.35 Cr (FY 2022) | -₹17.02 Lakh | -3.2% | 15.0% | Kolkata, West Bengal, India | |
| Samyag Broking Private Limited | ₹5.34 Cr (FY 2025) | -14.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Ascent Commerce Private Limited, buy the company report.
Shareholding
The shareholding of Ascent Commerce Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Ascent Commerce Private Limited, buy the company report.
Legal cases
Ascent Commerce Private Limited has 2 court cases on record: 2 filed by Ascent Commerce. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Kolkata | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| NCLT, Kolkata | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Ascent Commerce 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 Commerce Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Ascent Commerce Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ascent Commerce Private Limited has 6 board changes on record since 2015: 2 appointments and 4 cessations. The latest: Avijit Saha ceased to be Director on 01 Jul 2021.
Frequently asked questions
Ascent Commerce has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Ascent Commerce was a private limited company based in Kolkata, West Bengal, India. The company worked in brokerage and trading services, within the financial services industry. It was incorporated on 11 August 2011 and is registered under CIN U51909WB2011PTC166315. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Ascent Commerce was incorporated on 11 August 2011. It is registered with the Registrar of Companies, Kolkata.
Ascent Commerce had 2 directors:
- Chanchal Anchalia - Additional Director
- Kovid Mukherjee - Director
The CIN (Corporate Identification Number) of Ascent Commerce is U51909WB2011PTC166315. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Ascent Commerce is at 293 Gourinath Shastri Sarani Shyamnagar Road 9th Floor Kestopur, Kolkata, West Bengal, India – 700055.
The latest financial statements of Ascent Commerce on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 December 2022. Year-wise statements from 2015 are in the company report.
Ascent Commerce operated in the financial services industry, in the brokerage and trading services segment.
The peers of Ascent Commerce by revenue are Vishwas Fincap Services Private Limited, Patel Wealth Advisors Private Limited, Risa Securities Private Limited, Aamolik Consultancy Services Private Limited, Ohana First Capital Private Limited and 1 more, all in the BFSI industry (Broking Services), with the same principal business activity (other financial activities).
Ascent Commerce has 2 court cases on record: 2 filed by the company.
Avijit Saha ceased to be Director on 01 Jul 2021. Chanchal Anchalia was appointed as Additional Director on 01 Jul 2021. Kovid Mukherjee ceased to be Additional Director on 30 Sep 2015. Ascent Commerce has 6 board changes on record in total.
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