MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-24-0025072
Ascent Equipments Private Limited - machinery and equipment in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.39 Cr
▼ 26% YoY
Net profit · FY 2025
₹5.58 Lakh
Net margin 4%
EBITDA · FY 2025
₹34.79 Lakh
EBITDA margin 25%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹30.12 Lakh
Satisfied ₹4.1 Cr
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings
About Ascent Equipments Private Limited
Data last updated:
Ascent Equipments Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 25 June 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29190GJ2017PTC098026. Its GSTIN is 24AAPCA7431D1ZU (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Vinodkumar Chandulal Shah and Rashmika Vinodkumar Shah.
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 Plot No.408 GIDC Estate At.Ranoli Baroda, Vadodara, Gujarat, India – 391350.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.39 Cr, a decline of 26% compared to the previous year. For the same year it recorded a net profit of ₹5.58 Lakh (net margin 4%) and EBITDA of ₹34.79 Lakh (EBITDA margin 25%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 18% over five years.
As per MCA filings, the company has open charges of ₹30.12 Lakh and satisfied charges of ₹4.1 Cr on record.
Ascent Equipments Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0025072). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ascentequipments.com.
Company details
CIN U29190GJ2017PTC098026
Registration Number 098026
Incorporation Date 25 June 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
MSME Classification Small
Udyam Registration UDYAM-GJ-24-0025072
Key People
Vinodkumar Chandulal Shah Director Rashmika Vinodkumar Shah Director Apurva Vinodkumar Shah Director Recognitions & Rankings of Ascent Equipments
Contact details
Ascent Equipments Private Limited's registered office is in Vadodara, Gujarat. Its website is ascentequipments.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No.408 GIDC Estate At.Ranoli Baroda, Vadodara, Gujarat, India – 391350
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Ascent Equipments Private Limited, buy the company report.
Comprehensive company report
Ascent Equipments 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 Equipments is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Ascent Equipments Private Limited, buy the company report.
Financials of Ascent Equipments Private Limited
FY 2025 filings availableAscent Equipments Private Limited reported revenue of ₹1.39 Cr (down 26% YoY) for FY 2025.
Revenue · FY 2025
₹1.39 Cr ▼ 26%
Net profit · FY 2025
₹5.58 Lakh margin 4%
EBITDA · FY 2025
₹34.79 Lakh margin 25%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 26%
3 years · compounded
▲ 11%
5 years · compounded
▼ 18%
EBITDA CAGR growth
1 year
▼ 32%
3 years · compounded
▲ 10%
5 years · compounded
▼ 12%
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 26% fall in the latest year. EBITDA fell 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹34.79 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.58 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
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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 | 25% | ||||
| Net Profit Margin | 4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Equipments Private Limited, buy the company report.
Board of directors of Ascent Equipments Private Limited
Ascent Equipments has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinodkumar Chandulal Shah | Director | 25 Jun 2017 | 9 Years 4 Months | Current |
| Rashmika Vinodkumar Shah | Director | 25 Jun 2017 | 9 Years 4 Months | Current |
| Apurva Vinodkumar Shah | Director | 25 Jun 2017 | 9 Years 4 Months | Current |
Auditor
Ascent Equipments Private Limited is audited by MAHESH UDHWANI & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAHESH UDHWANI & ASSOCIATES | FY 2022 | 129738W |
Shareholding
The shareholding of Ascent Equipments Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ascent Equipments Private Limited, buy the company report.
Charges & borrowings
Open charges
₹30.12 Lakh
Satisfied charges
₹4.1 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Jan 2024 | 100851817 | Hdfc Bank Limited | ₹20.12 Lakh | Open | |
| 13 Apr 2021 | 100451040 | Hdfc Bank Limited | ₹10 Lakh | Open | |
| 04 Mar 2020 | 100347691 | Others | ₹41.67 Lakh | Satisfied | |
| 14 Sep 2019 | 100301298 | Others | ₹48.26 Lakh | Satisfied | |
| 26 Sep 2017 | 100136750 | Others | ₹3.2 Cr | Satisfied |
To see the full charge records of Ascent Equipments Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Ascent Equipments Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ascent Equipments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ascent Equipments has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAPCA7431D1ZU | Gujarat | Active | 27 Jul 2017 |
To see the full GST registrations and return filing status of Ascent Equipments Private Limited, buy the company report.
Recent activity
Ascent Equipments Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Mamta Apurva Shah ceased to be Director on 13 May 2024.
AGM
Ascent Equipments Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ascent Equipments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 04 Mar 2020 via Charge ID 100347691 with Others was fully satisfied on 04 Sep 2024.
Charges
A charge registered on 14 Sep 2019 via Charge ID 100301298 with Others was fully satisfied on 04 Sep 2024.
Ceased
Mamta Apurva Shah ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 20.12 Lakh with Charge ID 100851817 was registered on 01 Jan 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 10.00 Lakh with Charge ID 100451040 was registered on 13 Apr 2021.
Charges
A charge registered on 26 Sep 2017 via Charge ID 100136750 with Others was fully satisfied on 10 Sep 2020.
Charges
A charge with Others amounted to Rs. 41.67 Lakh with Charge ID 100347691 was registered on 04 Mar 2020.
Charges
A charge with Others amounted to Rs. 48.26 Lakh with Charge ID 100301298 was registered on 14 Sep 2019.
Charges
A charge with Others of Rs. 320.00 Lakh registered on 26 Sep 2017 with Charge ID 100136750 was modified on 15 Nov 2017.
Charges
A charge with Others amounted to Rs. 320.00 Lakh with Charge ID 100136750 was registered on 26 Sep 2017.
4 earlier events are in the company report.
Frequently asked questions
Ascent Equipments is an active private limited company based in Vadodara, Gujarat, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 25 June 2017 (9+ years old) and is registered under CIN U29190GJ2017PTC098026.
Ascent Equipments has 3 current directors:
- Vinodkumar Chandulal Shah - Director
- Rashmika Vinodkumar Shah - Director
- Apurva Vinodkumar Shah - Director
The latest financial statements of Ascent Equipments 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 Equipments is 24AAPCA7431D1ZU, registered in Gujarat.
The CIN (Corporate Identification Number) of Ascent Equipments is U29190GJ2017PTC098026. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ascent Equipments was incorporated on 25 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Mamta Apurva Shah ceased to be Director on 13 May 2024. Apurva Vinodkumar Shah was appointed as Director on 25 Jun 2017. Rashmika Vinodkumar Shah was appointed as Director on 25 Jun 2017. Ascent Equipments has 4 board changes on record in total.
Yes, Ascent Equipments is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-24-0025072).
Ascent Equipments can be reached through the website ascentequipments.com. Its registered office is in Vadodara, Gujarat, India.
The registered office of Ascent Equipments is at Plot No.408 GIDC Estate At.Ranoli Baroda, Vadodara, Gujarat, India – 391350.
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