MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-DL-02-0051932
Ascent Fincon Private Limited - financial services in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.08 Cr
▼ 40% YoY
Net profit · FY 2024
₹3.26 Lakh
Net margin 3%
EBITDA · FY 2024
₹8.14 Lakh
EBITDA margin 7.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹12.09 Lakh
Secured borrowings
Company age
20 yrs
Est. 2006
Directors on board
2
As per MCA filings
About Ascent Fincon Private Limited
Data last updated:
Ascent Fincon Private Limited is a private limited company based in Delhi, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 14 December 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74140DL2006PTC156590. Its GSTIN is 07AAGCA1386C1ZZ (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sapna Kaushik and Ashok Kumar Sharma.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 84 Defence Enclave, Delhi, India – 110092.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.08 Cr, a decline of 40% compared to the previous year. For the same year it recorded a net profit of ₹3.26 Lakh (net margin 3%) and EBITDA of ₹8.14 Lakh (EBITDA margin 7.5%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 1% over five years.
The company is associated with 1 brand: Ascent Fincon. As per MCA filings, the company has open charges of ₹12.09 Lakh on record.
Ascent Fincon Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-02-0051932). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ascentfincon.com.
Company details
CIN U74140DL2006PTC156590
Registration Number 156590
Incorporation Date 14 December 2006
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-DL-02-0051932
Recognitions & Rankings of Ascent Fincon
Contact details
Ascent Fincon Private Limited's registered office is in Delhi, Delhi. Its website is ascentfincon.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address84 Defence Enclave, Delhi, India – 110092
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Ascent Fincon Private Limited, buy the company report.
Comprehensive company report
Ascent Fincon 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Ascent Fincon operates one associated brand: Ascent Fincon. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Loan intermediation services for financial needs in India. | ascentfincon.com |
Business activity
The main business activity of Ascent Fincon is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Ascent Fincon Private Limited, buy the company report.
Financials of Ascent Fincon Private Limited
FY 2024 filings availableAscent Fincon Private Limited reported revenue of ₹1.08 Cr (down 40% YoY) for FY 2024.
Revenue · FY 2024
₹1.08 Cr ▼ 40%
Net profit · FY 2024
₹3.26 Lakh margin 3%
EBITDA · FY 2024
₹8.14 Lakh margin 7.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 40%
3 years · compounded
▲ 18%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▼ 69%
3 years · compounded
▲ 47%
5 years · compounded
▼ 8%
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 40% fall in the latest year. EBITDA fell 69% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹8.14 Lakh | ||||
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| Net Profit (PAT) | ₹3.26 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 7.5% | ||||
| Net Profit Margin | 3% | ||||
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To see the full financial statements and ratios of Ascent Fincon Private Limited, buy the company report.
Board of directors of Ascent Fincon Private Limited
Ascent Fincon has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sapna Kaushik | Director | 14 Dec 2006 | 19 Years 10 Months | Current |
| Ashok Kumar Sharma | Director | 14 Dec 2006 | 19 Years 10 Months | Current |
Auditor
Ascent Fincon Private Limited is audited by SAMYNK AND CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAMYNK AND CO. | FY 2023 | 010656N |
Shareholding
The shareholding of Ascent Fincon 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 Fincon Private Limited, buy the company report.
Charges & borrowings
Open charges
₹12.09 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2024 | 100903046 | Hdfc Bank Limited | ₹12.09 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Ascent Fincon 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 Fincon Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ascent Fincon has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAGCA1386C1ZZ | Delhi | Active | 01 Jul 2017 |
| 09AAGCA1386C1ZV | Uttar Pradesh | Active | 30 Aug 2017 |
To see the full GST registrations and return filing status of Ascent Fincon Private Limited, buy the company report.
Recent activity
Ascent Fincon Private Limited has 2 board changes on record since 2006: 2 appointments. The latest: Ashok Kumar Sharma was appointed as Director on 14 Dec 2006.
AGM
Ascent Fincon Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Ascent Fincon Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 12.09 Lakh with Charge ID 100903046 was registered on 31 Mar 2024.
Appointed
Ashok Kumar Sharma was appointed as Director.
Appointed
Sapna Kaushik was appointed as Director.
Incorporation
14 Dec 2006
Ascent Fincon Private Limited was registered on 14 Dec 2006 with Roc Delhi & aged 19 years 10 months as per MCA records.
Frequently asked questions
Ascent Fincon is an active private limited company based in Delhi, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 14 December 2006 (20+ years old) and is registered under CIN U74140DL2006PTC156590.
Ascent Fincon has 2 current directors:
- Sapna Kaushik - Director
- Ashok Kumar Sharma - Director
The latest financial statements of Ascent Fincon on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Ascent Fincon is 07AAGCA1386C1ZZ, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09AAGCA1386C1ZV (Uttar Pradesh).
The CIN (Corporate Identification Number) of Ascent Fincon is U74140DL2006PTC156590. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ascent Fincon was incorporated on 14 December 2006, making it 20+ years old. It is registered with the Registrar of Companies, Delhi.
Ashok Kumar Sharma was appointed as Director on 14 Dec 2006. Sapna Kaushik was appointed as Director on 14 Dec 2006.
Yes, Ascent Fincon is registered as a micro enterprise under Udyam registration (number: UDYAM-DL-02-0051932).
Ascent Fincon can be reached through the website ascentfincon.com. Its registered office is in Delhi, India.
The registered office of Ascent Fincon is at 84 Defence Enclave, Delhi, India – 110092.