About Ascent IT Solutions Private Limited
Data last updated:
Ascent IT Solutions Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the IT services segment of the services sector. It was incorporated on 19 April 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2011PTC139246. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Udaykiran Kumar Somanapalli and Lavanya Biyyapu.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 4th Floor Office No 7& 8 Prabhavee Tech Park Sr No 125/2 3 4/2/2 3 4/1 1/2/2 Baner, Pune, Maharashtra, India – 411045.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website ascentsol.com.
Company details
Contact details
Ascent IT Solutions Private Limited's registered office is in Pune, Maharashtra.
- Registered Address4th Floor Office No 7& 8 Prabhavee Tech Park Sr No 125/2 3 4/2/2 3 4/1 1/2/2 Baner, Pune, Maharashtra, India – 411045
- IndustryService, Information Technology Services
- 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
Financials of Ascent IT Solutions Private Limited
FY 2019 filings availableFinancial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | |||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | |||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| 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 IT Solutions Private Limited, buy the company report.
Board of directors of Ascent IT Solutions Private Limited
Ascent IT Solutions has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Udaykiran Kumar Somanapalli | Director | 12 Mar 2016 | 10 Years 7 Months | Current |
| Lavanya Biyyapu | Director | 12 Mar 2016 | 10 Years 7 Months | Current |
Legal cases
No court or tribunal cases involving Ascent IT Solutions 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 IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ascent IT Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Ascent IT Solutions Private Limited, buy the company report.
Recent activity
Ascent IT Solutions Private Limited has 10 board changes on record since 2011: 6 appointments and 4 cessations. The latest: Shreya Shridhar Awate ceased to be Director on 28 Mar 2016.
1 earlier event is in the company report.
Frequently asked questions
Ascent IT Solutions is an active private limited company based in Pune, Maharashtra, India. The company works in information technology services, within the service industry. It was incorporated on 19 April 2011 (15+ years old) and is registered under CIN U72900PN2011PTC139246.
Ascent IT Solutions has 2 current directors:
- Udaykiran Kumar Somanapalli - Director
- Lavanya Biyyapu - Director
The latest financial statements of Ascent IT Solutions on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Ascent IT Solutions has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Ascent IT Solutions is U72900PN2011PTC139246. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ascent IT Solutions was incorporated on 19 April 2011, making it 15+ years old. It is registered with the Registrar of Companies, Pune.
Shreya Shridhar Awate ceased to be Director on 28 Mar 2016. Shridhar Amasidha Awate ceased to be Director on 28 Mar 2016. Lavanya Biyyapu was appointed as Director on 12 Mar 2016. Ascent IT Solutions has 10 board changes on record in total.
Ascent IT Solutions can be reached through the website ascentsol.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Ascent IT Solutions is at 4th Floor Office No 7& 8 Prabhavee Tech Park Sr No 1252 3 422 3 41 122 Baner, Pune, Maharashtra, India – 411045.
Ascent IT Solutions operates in the service industry, in the information technology services segment.