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Ascent Epc Private Limited - energy and power in Jamnagar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹4.87 Cr
▲ 51% YoY
Net profit · FY 2025
₹10.54 Lakh
Net margin 2.2%
EBITDA · FY 2025
₹26.67 Lakh
EBITDA margin 5.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹80 Lakh
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
6
As per MCA filings
About Ascent Epc Private Limited
Data last updated:
Ascent Epc Private Limited is a private limited company based in Jamnagar, Gujarat, India, recognised as a startup by DPIIT. It operates in the power epc segment of the energy and power sector. It was incorporated on 31 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2017PTC097650. Its GSTIN is 24AAPCA6418C1ZV (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Kiritkumar Rugnath Sitapara and Champaklal Rugnath Sitapara.
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 Flat No 401 Manas Appt Kevaliya Vadi Mehul Nagar, Jamnagar, Gujarat, India – 361001.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.87 Cr, a growth of 51% compared to the previous year. For the same year it recorded a net profit of ₹10.54 Lakh (net margin 2.2%) and EBITDA of ₹26.67 Lakh (EBITDA margin 5.5%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 21% over five years.
As per MCA filings, the company has open charges of ₹80 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ascentengrs.com.
Company details
CIN U74999GJ2017PTC097650
Registration Number 097650
Incorporation Date 31 May 2017
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Key People
Kiritkumar Rugnath Sitapara Director Champaklal Rugnath Sitapara Director Kiranben Champakbhai Sitapara Director Recognitions & Rankings of Ascent Epc
Contact details
Ascent Epc Private Limited's registered office is in Jamnagar, Gujarat. Its website is ascentengrs.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFlat No 401 Manas Appt Kevaliya Vadi Mehul Nagar, Jamnagar, Gujarat, India – 361001
- IndustryEnergy and Power, Power EPC, BoP & BTG Services
To see the full contact details of Ascent Epc Private Limited, buy the company report.
Comprehensive company report
Ascent Epc 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 Epc is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of Ascent Epc Private Limited, buy the company report.
Financials of Ascent Epc Private Limited
FY 2025 filings availableAscent Epc Private Limited reported revenue of ₹4.87 Cr (up 51% YoY) for FY 2025.
Revenue · FY 2025
₹4.87 Cr ▲ 51%
Net profit · FY 2025
₹10.54 Lakh margin 2.2%
EBITDA · FY 2025
₹26.67 Lakh margin 5.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 51%
3 years · compounded
▲ 18%
5 years · compounded
▲ 21%
EBITDA CAGR growth
1 year
▲ 32%
3 years · compounded
▲ 36%
5 years · compounded
▲ 24%
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 51% growth in the latest year. EBITDA rose 32% 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 | ₹26.67 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.54 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.5% | ||||
| Net Profit Margin | 2.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ascent Epc Private Limited, buy the company report.
Board of directors of Ascent Epc Private Limited
Ascent Epc has 6 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kiritkumar Rugnath Sitapara Also directs: Ascent Electrification Engineers Private Limited | Director | 12 Oct 2022 | 4 Years 0 Months | Current |
| Champaklal Rugnath Sitapara | Director | 12 Oct 2022 | 4 Years 0 Months | Current |
| Kiranben Champakbhai Sitapara | Director | 31 May 2017 | 9 Years 4 Months | Current |
| Sonalben Kirtibhai Sitapara | Director | 12 Oct 2022 | 4 Years 0 Months | Current |
| Chaitanya Sitapara Also directs: Aericon Power Private Limited, Omningineers Power Private Limited | Director | 12 Oct 2022 | 4 Years 0 Months | Current |
| Shruti Champaklal Sitapara Also directs: Teravolt Power Private Limited | Director | 31 May 2017 | 9 Years 4 Months | Current |
Auditor
Ascent Epc Private Limited is audited by D S M K and Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D S M K and Co LLP | FY 2023 | 128041W |
Shareholding
The shareholding of Ascent Epc 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ascent Epc Private Limited, buy the company report.
Charges & borrowings
Open charges
₹80 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Oct 2024 | 100993387 | Others | ₹80 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Ascent Epc Private Limited has 1 court case on record: 1 filed by Ascent Epc. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jamnagar, Gujarat | Criminal complaint | Filed by the company against individuals | Disposed |
To see the full case history of Ascent Epc 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 Epc Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ascent Epc Private Limited has 1 active EPFO establishment as of Apr 09, 2024.
Active EPFO establishments
1
GST
Ascent Epc has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAPCA6418C1ZV | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ascent Epc Private Limited, buy the company report.
Recent activity
Ascent Epc Private Limited has 11 board changes on record since 2017: 6 appointments and 5 cessations. The latest: Aditi Champak Sitapara ceased to be Director on 10 Jan 2026.
Ceased
Aditi Champak Sitapara ceased to be Director.
Ceased
Kiranben Champakbhai Sitapara ceased to be Director.
AGM
Ascent Epc Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ascent Epc Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 80.00 Lakh with Charge ID 100993387 was registered on 14 Oct 2024.
Appointed
Chaitanya Sitapara was appointed as Director.
Appointed
Champaklal Rugnath Sitapara was appointed as Director.
Appointed
Kiritkumar Rugnath Sitapara was appointed as Director.
Appointed
Sonalben Kirtibhai Sitapara was appointed as Director.
Ceased
Champaklal Rugnath Sitapara ceased to be Director.
Ceased
Kiritkumar Rugnath Sitapara ceased to be Director.
Ceased
Sonalben Kirtibhai Sitapara ceased to be Director.
3 earlier events are in the company report.
Frequently asked questions
Ascent Epc is an active private limited company based in Jamnagar, Gujarat, India. The company works in power epc, within the energy and power industry. It was incorporated on 31 May 2017 (9+ years old) and is registered under CIN U74999GJ2017PTC097650.
Ascent Epc has 6 current directors:
- Kiritkumar Rugnath Sitapara - Director
- Champaklal Rugnath Sitapara - Director
- Kiranben Champakbhai Sitapara - Director
- Sonalben Kirtibhai Sitapara - Director
- Chaitanya Sitapara - Director
- Shruti Champaklal Sitapara - Director
The latest financial statements of Ascent Epc 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 FY 2018 are in the company report.
The GSTIN of Ascent Epc is 24AAPCA6418C1ZV, registered in Gujarat.
The CIN (Corporate Identification Number) of Ascent Epc is U74999GJ2017PTC097650. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ascent Epc has 1 court case on record: 1 filed by the company.
Ascent Epc was incorporated on 31 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Aditi Champak Sitapara ceased to be Director on 10 Jan 2026. Kiranben Champakbhai Sitapara ceased to be Director on 10 Jan 2026. Chaitanya Sitapara was appointed as Director on 12 Oct 2022. Ascent Epc has 11 board changes on record in total.
Yes, Ascent Epc is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Ascent Epc can be reached through the website ascentengrs.com. Its registered office is in Jamnagar, Gujarat, India.