About Ascent E Digit Solutions Private Limited
Data last updated:
Ascent E Digit Solutions Private Limited is a private limited company based in Erode, Tamil Nadu, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 22 December 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U72501TZ2010PTC016610. Its GSTIN is 29AAJCA0977A1ZR (Karnataka). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹5.16 Cr. It is led by directors including Boopathy Dharmaraj (Managing Director) and Karichigoundenpalayam Palanisamy Mutharasu.
Its last annual general meeting (AGM) was held on 20 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 64 Kalaimagal School Road, Erode, Tamil Nadu, India – 638001.
As per the financials filed for FY 2024, the company reported a revenue of ₹238.63 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹10.83 Cr (net margin 4.5%) and EBITDA of ₹19.7 Cr (EBITDA margin 8.3%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 18% over five years.
The company has about 127 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ascent E Digit Solution. As per MCA filings, the company has open charges of ₹172.96 Cr and satisfied charges of ₹23.63 Cr on record. Court records list 11 cases involving the company, including 11 filed by the company. The company has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹4.63 Cr; the latest was in March 2020. Its 10 peer companies in the Information Technology industry (IT Products Retail and Distribution, Infrastructure Management) are compared by revenue, 5 larger and 5 smaller; the largest is MDM Televentures Private Limited with revenue of ₹247.52 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aedindia.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address64 Kalaimagal School Road, Erode, Tamil Nadu, India – 638001
- IndustryInformation Technology, IT Products Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Ascent E Digit Solutions Private Limited
The main business activity of Ascent E Digit Solutions is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ascent E Digit Solutions Private Limited FY 2024 filings available
Ascent E Digit Solutions Private Limited reported revenue of ₹238.63 Cr (up 17% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ascent E Digit Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 17% growth in the latest year. EBITDA rose 16% 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 of Ascent E Digit Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹19.7 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.83 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 of Ascent E Digit Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ascent E Digit Solutions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Ascent E Digit Solutions Private Limited
Ascent E Digit Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution, Infrastructure Management). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| MDM Televentures Private Limited | ₹247.52 Cr (FY 2021) | •••• | •••• | 51.0% | •••• | Gurgaon, Haryana, India |
| Credence Resource Management Private Limited | ₹245.72 Cr (FY 2025) | •••• | •••• | 54.0% | •••• | Pune, Maharashtra, India |
| Teknodome India Private Limited | ₹242.94 Cr (FY 2025) | •••• | •••• | 60.0% | •••• | Delhi, India |
| Tietoevry India Private Limited | ₹240.47 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Pune, Maharashtra, India |
| Aveva Information Technology India Private Limited | ₹240.16 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Mumbai, Maharashtra, India |
| Ascent E Digit Solutions Private Limited this company | ₹238.63 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | Erode, Tamil Nadu, India |
| SRSG Broadcast (India) Private Limited | ₹236.16 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | New Delhi, Delhi, India |
| Sigma Byte Computers Private Limited | ₹234.75 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Mumbai, Maharashtra, India |
| Devraj Computers Private Limited | ₹233.63 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Chennai, Tamil Nadu, India |
| Esconet Technologies Limited | ₹233.25 Cr (FY 2025) | •••• | •••• | 66.0% | •••• | New Delhi, Delhi, India |
| Lantro Technologies India Private Limited | ₹232.07 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Ascent E Digit Solutions by revenue in the Information Technology industry (IT Products Retail and Distribution, Infrastructure Management), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ascent E Digit Solutions Private Limited
Ascent E Digit Solutions Private Limited is audited by KARTHIKEYAN AND JAYARAM for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KARTHIKEYAN AND JAYARAM | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Ascent E Digit Solutions Private Limited
Ascent E Digit Solutions has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karichigoundenpalayam Palanisamy Mutharasu | Director | 22 Dec 2010 | 15 Years 9 Months | Current |
| Sundaralingakumar | Director | 20 Nov 2020 | 5 Years 10 Months | Current |
| Dharmaraj Dharani Also directs: Ascent Urban Recyclers Private Limited | Director | 28 Jun 2013 | 13 Years 3 Months | Current |
| Shanmugavaidvu Also directs: Ascent Urban Recyclers Private Limited | Director | 28 Jun 2013 | 13 Years 3 Months | Current |
| Boopathy Dharmaraj | Managing Director | 22 Dec 2010 | 15 Years 9 Months | Current |
Ownership and Shareholding of Ascent E Digit Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ascent E Digit Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Jun 2025 | Citi Bank N.A. | ₹35 Cr | Open |
| 28 Nov 2024 | Others | ₹4.95 Cr | Open |
| 19 Sep 2024 | Hdfc Bank Limited | ₹26.58 Lakh | Open |
| 02 Sep 2024 | The Hongkong and Shanghai Banking Corporation Limited | ₹5 Cr | Open |
| 05 Mar 2024 | Hdfc Bank Limited | ₹24 Lakh | Open |
Total charge records: 13 View all charges
Deals & Funding of Ascent E Digit Solutions Private Limited
Ascent E Digit Solutions Private Limited has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹4.63 Cr; the latest was in March 2020.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Funding round | ₹2.5 Cr | Investors: 2 individuals |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 2 individuals |
| Jun 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2014 | Funding round | ₹1.15 Cr | Investors: 4 individuals |
| Oct 2012 | Funding round | ₹98 Lakh | Investors: 4 individuals |
Full deal history
All 5 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Ascent E Digit Solutions Private Limited
Ascent E Digit Solutions Private Limited has 11 court cases on record: 11 filed by Ascent E Digit Solutions. All cases are disposed. Status as checked between 01 Oct 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 0 | 0 |
Cases on record (2 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Erode, Tamil Nadu | Criminal case | Filed by the company against Exhilar Innovative Solutions Private Limited | Disposed |
| District court, Erode, Tamil Nadu | Criminal miscellaneous application | Filed by the company | Disposed |
Full case history
All 11 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Ascent E Digit Solutions Private Limited
Ascent E Digit Solutions operates one associated brand: Ascent E Digit Solution. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Management consulting and business management services are provided. | aedindia.com |
Employees and EPFO Compliance at Ascent E Digit Solutions Private Limited
Ascent E Digit Solutions Private Limited has a workforce of 127 employees as of Mar 29, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Ascent E Digit Solutions Private Limited
Ascent E Digit Solutions Private Limited has 5 board changes on record since 2010: 5 appointments. The latest: Sundaralingakumar was appointed as Director on 20 Nov 2020.
16 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ascent E Digit Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Ascent E Digit Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ascent E Digit Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ascent E Digit Solutions Private Limited
Ascent E Digit Solutions has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCA0977A1ZR | Karnataka | Active | 01 Jul 2017 |
| 33AAJCA0977A1Z2 | Tamil Nadu | Active | 01 Jul 2017 |
| 36AAJCA0977A1ZW | Telangana | Active | 01 Jul 2017 |
| 37AAJCA0977A1ZU | Andhra Pradesh | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ascent E Digit Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ascent E Digit Solutions Private Limited
Ascent E Digit Solutions is an active private limited company based in Erode, Tamil Nadu, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 22 December 2010 (16+ years old) and is registered under CIN U72501TZ2010PTC016610.
Ascent E Digit Solutions reported revenue of ₹238.63 Cr for FY 2024 (up 17% YoY).
Ascent E Digit Solutions has 5 current directors:
- Boopathy Dharmaraj - Managing Director
- Karichigoundenpalayam Palanisamy Mutharasu - Director
- Sundaralingakumar - Director
- Dharmaraj Dharani - Director
- Shanmugavaidvu - Director
Ascent E Digit Solutions reported a net profit of ₹10.83 Cr (net margin 4.5%) and EBITDA of ₹19.7 Cr (EBITDA margin 8.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ascent E Digit Solutions is 27% over three years and 18% over five years. In the latest year (FY 2024) revenue rose 17%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ascent E Digit Solutions is 29AAJCA0977A1ZR, registered in Karnataka. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 33AAJCA0977A1Z2 (Tamil Nadu), 36AAJCA0977A1ZW (Telangana), 37AAJCA0977A1ZU (Andhra Pradesh).
The CIN (Corporate Identification Number) of Ascent E Digit Solutions is U72501TZ2010PTC016610. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ascent E Digit Solutions has 11 court cases on record: 11 filed by the company.
Ascent E Digit Solutions was incorporated on 22 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Coimbatore.
Ascent E Digit Solutions has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹4.63 Cr; the latest was in March 2020.
The peers of Ascent E Digit Solutions by revenue are MDM Televentures Private Limited, Credence Resource Management Private Limited, Teknodome India Private Limited, Tietoevry India Private Limited, Aveva Information Technology India Private Limited and 5 more, all in the Information Technology industry (IT Products Retail and Distribution, Infrastructure Management).