About Ascent Construction Private Limited
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Ascent Construction Private Limited was a private limited company based in Thane, Maharashtra, India, operated as a subsidiary of Acme Housing India Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 09 May 1995.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1995PTC088201. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹3.7 Cr and a paid-up capital of ₹3.15 Cr. It was led by directors including Munish Pravin Doshi and Ketan Jayantilal Mehta.
Its last annual general meeting (AGM) was held on 30 December 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Glady Alwares Road Near Khewra Circle Manpada, Thane, Maharashtra, India – 400607.
As per the financials filed for FY 2016, the company reported a revenue of ₹133.9 Cr, a growth of 39% compared to the previous year. For the same year it recorded a net loss of ₹5.49 Cr (net margin -4.1%) and EBITDA of ₹25.98 Cr (EBITDA margin 19.4%).
The company had about 39 employees on its provident fund (EPFO) records before it was dissolved. Its group structure included 2 subsidiaries.
As per MCA filings, the company had satisfied charges of ₹350.03 Cr on record. Court records list 97 cases involving the company, including 36 filed by the company and 61 filed against it; 14 cases are pending.
The last known website on record is acmehousing.com.
Company details
Contact details
Ascent Construction Private Limited's registered office is in Thane, Maharashtra. Its website is acmehousing.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressGlady Alwares Road Near Khewra Circle Manpada, Thane, Maharashtra, India – 400607
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Ascent Construction 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
Business activity
The main business activity of Ascent Construction is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Ascent Construction Private Limited, buy the company report.
Financials of Ascent Construction Private Limited
FY 2016 filings availableAscent Construction Private Limited reported revenue of ₹133.9 Cr (up 39% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 39% in the latest year. EBITDA rose 398% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹133.9 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹25.98 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹5.49 Cr | |
| 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 19.4% | |
| Net Profit Margin | -4.1% | |
| 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 | ||
To see the full financial statements and ratios of Ascent Construction Private Limited, buy the company report.
Board of directors of Ascent Construction Private Limited
Ascent Construction has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Munish Pravin Doshi Also directs: Acropolis Agro Private Limited, Acme Sthapati Limited, Acme Building Design Consultants Pvt Ltd and 5 more | Director | 09 May 1995 | 31 Years 5 Months | As last reported |
| Ketan Jayantilal Mehta Also directs: Acme Building Products Private Limited, Acme Sthapati Limited, Acme Housing India Private Limited and 5 more | Director | 30 Mar 2015 | 11 Years 6 Months | As last reported |
| Pravin Himmatlal Doshi Also directs: Acropolis Agro Private Limited, Acme Building Products Private Limited, Acme Sthapati Limited and 5 more | Director | 29 Jan 1998 | 28 Years 8 Months | As last reported |
Peer comparison
Ascent Construction Private Limited is compared with the 5 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| E5 Contractors Private Limited | ₹134.55 Cr (FY 2024) | 266.0% | Coimbatore, Tamil Nadu, India | |||
| Anupam Alokik Real Estate Private Limited | ₹134.22 Cr (FY 2025) | 38.0% | Jaipur, Rajasthan, India | |||
| Darshita Infrastructure Private Limited | ₹133.98 Cr (FY 2025) | 15.0% | Kolkata, West Bengal, India | |||
| Ascent Construction Private Limitedthis company | ₹133.9 Cr (FY 2016) | -₹5.49 Cr | -4.1% | 39.0% | Thane, Maharashtra, India | |
| Cybercity Infrastructure Private Limited | ₹133.82 Cr (FY 2024) | 11.0% | Hyderabad, Telangana, India | |||
| Arun Excello Homes Private Limited | ₹133.43 Cr (FY 2025) | -27.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Ascent Construction Private Limited, buy the company report.
Auditor
Ascent Construction Private Limited is audited by U K G & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| U K G & ASSOCIATES | FY 2016 | 123393W |
Shareholding
The shareholding of Ascent Construction Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Ascent Construction Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Sep 2015 | 10594453 | Housing Development Finance Corporation Limited | ₹32.5 Cr | Satisfied | |
| 30 Oct 2013 | 10457030 | Housing Development Finance Corporation Limited | ₹50 Cr | Satisfied | |
| 17 Aug 2013 | 10444317 | Others | ₹62.53 Cr | Satisfied | |
| 15 May 2012 | 10359062 | Housing Development Finance Corporation Limited | ₹120 Cr | Satisfied | |
| 10 Sep 2008 | 10123837 | Housing Development Finance Corporation Limited | ₹15 Cr | Satisfied |
To see the full charge records of Ascent Construction Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Ascent Construction Private Limited has 97 court cases on record: 36 filed by Ascent Construction, 61 filed against it. 14 cases are pending and 83 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 56 | 51 | 10 |
| High courts | 37 | 8 | 4 |
| Supreme Court | 3 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 97)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (O.M.P.(MISC.)(COMM.)) | Filed by the company against M/S Logix Heights Pvt Ltd Through Its Director | Pending |
| District court, New Delhi, Delhi | Criminal case | Filed by the company against RG Infra Build Pvt Ltd and Ors | Pending |
| District court, Ahmedabad, Gujarat | Court case (CMA DC) | Filed by the company against Manav Infrastructure Pvt. Ltd. | Disposed |
| District court, Ghaziabad, Uttar Pradesh | Interim or miscellaneous application | Filed against the company by Mainees Steel Works Pvt Ltd | Disposed |
| Bombay High Court | Court case (CARAP) | Filed against the company by Tata Capital Housing Finance Limited | Disposed |
To see the full case history of Ascent Construction 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 Construction Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Ascent Construction has 2 subsidiary companies. This group structure data is as of FY 2016. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Acme Realties Private Limited | U45202MH2008PTC180445 | |
| Acme Realties Private Limited | U45202MH2008PTC180445 |
To see the full group structure of Ascent Construction Private Limited, buy the company report.
GST
Ascent Construction has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Ascent Construction Private Limited, buy the company report.
Recent activity
Ascent Construction Private Limited has 9 board changes on record since 1995: 3 appointments and 6 cessations. The latest: Bhupendra Madhusudan Doshi ceased to be Director on 23 Aug 2016.
13 earlier events are in the company report.
Frequently asked questions
Ascent Construction 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 Construction was a private limited company based in Thane, Maharashtra, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 09 May 1995 and is registered under CIN U45200MH1995PTC088201. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Ascent Construction was incorporated on 09 May 1995. It is registered with the Registrar of Companies, Mumbai.
Ascent Construction had 3 directors:
- Munish Pravin Doshi - Director
- Ketan Jayantilal Mehta - Director
- Pravin Himmatlal Doshi - Director
The CIN (Corporate Identification Number) of Ascent Construction is U45200MH1995PTC088201. 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 Construction is at Glady Alwares Road Near Khewra Circle Manpada, Thane, Maharashtra, India – 400607.
Ascent Construction can be reached through the website acmehousing.com. Its registered office is in Thane, Maharashtra, India.
The latest financial statements of Ascent Construction on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 December 2016. Year-wise statements from 2015 are in the company report.
No. Ascent Construction has 1 GST registration on record and it is cancelled or inactive.
Ascent Construction operated in the real estate and construction industry, in the real estate builders and developers segment.
The peers of Ascent Construction by revenue are E5 Contractors Private Limited, Anupam Alokik Real Estate Private Limited, Darshita Infrastructure Private Limited, Cybercity Infrastructure Private Limited, Arun Excello Homes Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).