Ascent Designs Private Limited

Ascent Designs Private Limited - consumer goods in Thane, Maharashtra, India. FY 2026 financials & compliance.
CIN U74900MH2008PTC184120 Incorporated 30 June 2008 ROC Mumbai HQ Thane, Maharashtra, India
Active Private Limited Company consumer goods MSME · Micro
Data last updated
Revenue · FY 2024
₹4.63 Cr
▲ 2% YoY
Net profit · FY 2024
₹11.31 Lakh
Net margin 2.4%
EBITDA · FY 2024
₹32.05 Lakh
EBITDA margin 6.9%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Open charges
₹2.1 Cr
Satisfied ₹43 Lakh
Company age
18 yrs
Est. 2008
Employees · EPFO
29
Provident fund records

About Ascent Designs Private Limited

Data last updated:

Ascent Designs Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the leather goods manufacturing segment of the consumer goods sector. It was incorporated on 30 June 2008 and has been in existence for over 18 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2008PTC184120. Its GSTIN is 27AAHCA1593N1Z8 (Maharashtra).

The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Abdul Lateef Ibrahim Chougule and Manzoorhasan Ibrahim Chougule.

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 Unit No. 203 Sunrise Business Park Plot No. B – 68 Kisan Nagar, Thane, Maharashtra, India – 400604.

As per the financials filed for FY 2024, the company reported a revenue of ₹4.63 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹11.31 Lakh (net margin 2.4%) and EBITDA of ₹32.05 Lakh (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 6% over five years.

The company has about 29 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹2.1 Cr and satisfied charges of ₹43 Lakh on record.

Ascent Designs Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0053286). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website elanaccessories.in.

Company details

CIN U74900MH2008PTC184120
Registration Number 184120
Incorporation Date 30 June 2008
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0053286

Recognitions & Rankings of Ascent Designs

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-33-0053286

Contact details

Ascent Designs Private Limited's registered office is in Thane, Maharashtra. Its website is elanaccessories.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Unit No. 203 Sunrise Business Park Plot No. B – 68 Kisan Nagar, Thane, Maharashtra, India – 400604
  • Industry
    Consumer Goods, Leather Goods Manufacturing

To see the full contact details of Ascent Designs Private Limited, buy the company report.

Comprehensive company report
Ascent Designs Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Ascent Designs is manufacturing. In detail, this covers other manufacturing.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing32Other manufacturing

To see the full business activity and turnover split of Ascent Designs Private Limited, buy the company report.

Financials of Ascent Designs Private Limited

FY 2025 filings available

Ascent Designs Private Limited reported revenue of ₹4.63 Cr (up 2% YoY) for FY 2024.

Revenue · FY 2024
₹4.63 Cr ▲ 2%
Net profit · FY 2024
₹11.31 Lakh margin 2.4%
EBITDA · FY 2024
₹32.05 Lakh margin 6.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 35%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▼ 9%
3 years · compounded
▲ 13%
5 years · compounded
▲ 10%

Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 2% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹32.05 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹11.31 Lakh
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin6.9%
Net Profit Margin2.4%
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 Designs Private Limited, buy the company report.

Board of directors of Ascent Designs Private Limited

Ascent Designs has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Abdul Lateef Ibrahim ChouguleDirector13 Nov 20187 Years 11 MonthsCurrent
Manzoorhasan Ibrahim ChouguleDirector30 Jun 200818 Years 3 MonthsCurrent

Auditor

Ascent Designs Private Limited is audited by Sawant & Kadrekar for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Sawant & KadrekarFY 2023109371S

Shareholding

The shareholding of Ascent Designs Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Ascent Designs Private Limited, buy the company report.

Charges & borrowings

Open charges
₹2.1 Cr
Satisfied charges
₹43 Lakh
Breakdown by lending institutions
Others₹2.10 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Oct 2021100503897Others₹13.2 LakhOpen
31 Jul 2020100358867Others₹23.85 LakhOpen
05 Oct 201510599377Others₹1.73 CrOpen
12 Mar 201310424174Oriental Bank of Commerce₹43 LakhSatisfied

To see the full charge records of Ascent Designs Private Limited, buy the company report.

Total charge records: 4 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Ascent Designs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Ascent Designs Private Limited has a workforce of 29 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.

Employee count
29
Active EPFO establishments
1
Employee growth
107.14%

GST

Ascent Designs has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAHCA1593N1Z8MaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Ascent Designs Private Limited, buy the company report.

Recent activity

Ascent Designs Private Limited has 4 board changes on record since 2008: 2 appointments and 2 cessations. The latest: Abdul Lateef Ibrahim Chougule ceased to be Additional Director on 30 Sep 2019.

AGM
Ascent Designs Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ascent Designs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others of Rs. 172.63 Lakh registered on 05 Oct 2015 with Charge ID 10599377 was modified on 03 Oct 2023.
Charges
A charge with Others amounted to Rs. 13.20 Lakh with Charge ID 100503897 was registered on 28 Oct 2021.
Charges
A charge with Others amounted to Rs. 23.85 Lakh with Charge ID 100358867 was registered on 31 Jul 2020.
Ceased
Abdul Lateef Ibrahim Chougule ceased to be Additional Director.
Ceased
Mahamed Iqbal Choughule ceased to be Director.
Appointed
Abdul Lateef Ibrahim Chougule was appointed as Director.
Charges
A charge with Others amounted to Rs. 172.63 Lakh with Charge ID 10599377 was registered on 05 Oct 2015.
Charges
A charge registered on 12 Mar 2013 via Charge ID 10424174 with Oriental Bank Of Commerce was fully satisfied on 26 May 2014.
Charges
A charge with Oriental Bank Of Commerce amounted to Rs. 43.00 Lakh with Charge ID 10424174 was registered on 12 Mar 2013.
Appointed
Manzoorhasan Ibrahim Chougule was appointed as Director.

1 earlier event is in the company report.

Frequently asked questions

Ascent Designs is an active private limited company based in Thane, Maharashtra, India. The company works in leather goods manufacturing, within the consumer goods industry. It was incorporated on 30 June 2008 (18+ years old) and is registered under CIN U74900MH2008PTC184120.

Ascent Designs has 2 current directors:

The latest financial statements of Ascent Designs 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 Designs is 27AAHCA1593N1Z8, registered in Maharashtra.

The CIN (Corporate Identification Number) of Ascent Designs is U74900MH2008PTC184120. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ascent Designs was incorporated on 30 June 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.

Abdul Lateef Ibrahim Chougule ceased to be Additional Director on 30 Sep 2019. Mahamed Iqbal Choughule ceased to be Director on 15 Nov 2018. Abdul Lateef Ibrahim Chougule was appointed as Director on 13 Nov 2018. Ascent Designs has 4 board changes on record in total.

Yes, Ascent Designs is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0053286).

Ascent Designs can be reached through the website elanaccessories.in. Its registered office is in Thane, Maharashtra, India.

The registered office of Ascent Designs is at Unit No. 203 Sunrise Business Park Plot No. B – 68 Kisan Nagar, Thane, Maharashtra, India – 400604.