Ascent Infraspace Private Limited
About Ascent Infraspace Private Limited
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Ascent Infraspace Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 04 July 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70102MH2010PTC205240. Its GSTIN is 27AAICA6489Q1ZO (Maharashtra).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Alireza Aliasgar Chevalwalla and Vijay Rajaram Indulkar.
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 Ground Floor The Avenue Navpada Marol Andheri (East), Mumbai, Maharashtra, India – 400059.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.89 Cr, a decline of 37% compared to the previous year. For the same year it recorded a net profit of ₹82.67 Lakh (net margin 4.2%) and EBITDA of ₹2.12 Cr (EBITDA margin 10.7%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years.
As per MCA filings, the company has open charges of ₹3.25 Cr on record. Court records list 16 cases involving the company, including 16 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ascent Infraspace Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressGround Floor The Avenue Navpada Marol Andheri (East), Mumbai, Maharashtra, India – 400059
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Ascent Infraspace Private Limited, 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 Infraspace is construction. In detail, this covers construction of buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | 41 | Construction of buildings |
To see the full business activity and turnover split of Ascent Infraspace Private Limited, buy the company report.
Financials of Ascent Infraspace Private Limited
FY 2025 filings availableAscent Infraspace Private Limited reported revenue of ₹19.89 Cr (down 37% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 37% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 26% 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 | ₹2.12 Cr | ||||
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| Net Profit (PAT) | ₹82.67 Lakh | ||||
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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 | 10.7% | ||||
| Net Profit Margin | 4.2% | ||||
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To see the full financial statements and ratios of Ascent Infraspace Private Limited, buy the company report.
Board of directors of Ascent Infraspace Private Limited
Ascent Infraspace has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alireza Aliasgar Chevalwalla | Director | 06 May 2019 | 7 Years 5 Months | Current |
| Vijay Rajaram Indulkar | Director | 06 May 2019 | 7 Years 5 Months | Current |
Auditor
Ascent Infraspace Private Limited is audited by VASANI & THAKKAR for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VASANI & THAKKAR | FY 2022 | 111296W |
Shareholding
The shareholding of Ascent Infraspace 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 Infraspace Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 May 2025 | 101135049 | Hdfc Bank Limited | ₹2 Cr | Open | |
| 19 Oct 2015 | 10601937 | One Capitall Limited | ₹60 Lakh | Open | |
| 19 Oct 2015 | 10601938 | One Capitall Limited | ₹65 Lakh | Open |
Total charge records: 3 View all charges
Legal cases
Ascent Infraspace Private Limited has 16 court cases on record: 16 filed against it. 1 case is pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 12 | 0 |
| District courts | 4 | 4 | 1 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Saharsh Yarn Private Limited ( High Court St. No.9685/2023) | Disposed |
| High Court, MAHARASHTRA | Court case (APP) | Filed against the company by Saharsh Yarn Private Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Saharsh Yarn Privite Limited Autorised Representative Mahesh Kumar Singhania | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by individuals | Disposed |
To see the full case history of Ascent Infraspace 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 Infraspace Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ascent Infraspace has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICA6489Q1ZO | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ascent Infraspace Private Limited, buy the company report.
Recent activity
Ascent Infraspace Private Limited has 8 board changes on record since 2010: 5 appointments and 3 cessations. The latest: Alireza Aliasgar Chevalwalla was appointed as Director on 06 May 2019.
2 earlier events are in the company report.
Frequently asked questions
Ascent Infraspace is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 04 July 2010 (16+ years old) and is registered under CIN U70102MH2010PTC205240.
Ascent Infraspace has 2 current directors:
- Alireza Aliasgar Chevalwalla - Director
- Vijay Rajaram Indulkar - Director
The latest financial statements of Ascent Infraspace 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 Infraspace is 27AAICA6489Q1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ascent Infraspace is U70102MH2010PTC205240. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ascent Infraspace has 16 court cases on record: 16 filed against it. 1 is pending. Most are in the high courts.
Ascent Infraspace was incorporated on 04 July 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Alireza Aliasgar Chevalwalla was appointed as Director on 06 May 2019. Hilal Amirali Merchant ceased to be Director on 06 May 2019. Shahin Hilal Merchant ceased to be Director on 06 May 2019. Ascent Infraspace has 8 board changes on record in total.
The registered office of Ascent Infraspace is at Ground Floor The Avenue Navpada Marol Andheri East, Mumbai, Maharashtra, India – 400059.
Ascent Infraspace operates in the real estate and construction industry, in the real estate builders and developers segment.