Ascent Infoware Pvt Ltd
About Ascent Infoware Pvt Ltd
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Ascent Infoware Pvt Ltd is a private limited company based in Ahmedabad, Gujarat, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 13 April 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ1994PTC021805. Its GSTIN is 24AABCA3073H1Z2 (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Biren Arvindbhai Shah and Satyarth Srivastava.
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 502 Shapath – II Rajpath Clubs G Highway Satelite, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.07 Lakh, a growth of 51% compared to the previous year. For the same year it recorded a net profit of ₹10,491 (net margin 0.9%) and EBITDA of ₹14,778 (EBITDA margin 1.2%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 7% over five years.
As per MCA filings, the company has open charges of ₹14.5 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ascent Infoware Pvt Ltd's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address502 Shapath – II Rajpath Clubs G Highway Satelite, Ahmedabad, Gujarat, India – 380015
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Ascent Infoware Pvt Ltd, buy the company report.
- 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
Business activity
The main business activity of Ascent Infoware is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Ascent Infoware Pvt Ltd, buy the company report.
Financials of Ascent Infoware Pvt Ltd
FY 2025 filings availableAscent Infoware Pvt Ltd reported revenue of ₹12.07 Lakh (up 51% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 51% growth in the latest year. EBITDA rose 20% 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 | ₹14,778 | ||||
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| Net Profit (PAT) | ₹10,491 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 1.2% | ||||
| Net Profit Margin | 0.9% | ||||
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To see the full financial statements and ratios of Ascent Infoware Pvt Ltd, buy the company report.
Board of directors of Ascent Infoware Pvt Ltd
Ascent Infoware has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Biren Arvindbhai Shah Also directs: Adit Microsys Pvt Ltd, Mehfil Mastee Events Private Limited | Director | 13 Apr 1994 | 32 Years 6 Months | Current |
| Satyarth Srivastava Also directs: Adit Microsys Pvt Ltd, Mehfil Mastee Events Private Limited, Data Nook Solution Private Limited and 2 more | Director | 13 Apr 1994 | 32 Years 6 Months | Current |
Auditor
Ascent Infoware Pvt Ltd is audited by RAJ P. SHAH & CO. for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJ P. SHAH & CO. | FY 2015 | 44073 |
Shareholding
The shareholding of Ascent Infoware Pvt Ltd is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ascent Infoware Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Dec 2007 | 10084914 | State Bank of India | ₹10 Lakh | Open | |
| 19 Aug 2004 | 90101027 | State Bank of India | ₹2 Lakh | Open | |
| 24 Jan 1995 | 90100376 | State Bank of India | ₹2.5 Lakh | Open |
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Ascent Infoware Pvt Ltd 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 Infoware Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ascent Infoware has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCA3073H1Z2 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ascent Infoware Pvt Ltd, buy the company report.
Recent activity
Ascent Infoware Pvt Ltd has 3 board changes on record since 1994: 2 appointments and 1 cessation. The latest: Pratibha Srivastava ceased to be Director on 19 Jul 2018.
Frequently asked questions
Ascent Infoware is an active private limited company based in Ahmedabad, Gujarat, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 13 April 1994 (32+ years old) and is registered under CIN U72200GJ1994PTC021805.
Ascent Infoware has 2 current directors:
- Biren Arvindbhai Shah - Director
- Satyarth Srivastava - Director
The latest financial statements of Ascent Infoware 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 Infoware is 24AABCA3073H1Z2, registered in Gujarat.
The CIN (Corporate Identification Number) of Ascent Infoware is U72200GJ1994PTC021805. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ascent Infoware was incorporated on 13 April 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Pratibha Srivastava ceased to be Director on 19 Jul 2018. Biren Arvindbhai Shah was appointed as Director on 13 Apr 1994. Satyarth Srivastava was appointed as Director on 13 Apr 1994.
The registered office of Ascent Infoware is at 502 Shapath – II Rajpath Clubs G Highway Satelite, Ahmedabad, Gujarat, India – 380015.
Ascent Infoware operates in the business outsourcing industry, in the business and IT consulting segment.
Ascent Infoware has open charges of ₹14.5 Lakh and no satisfied charges on record as per latest MCA filings.
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