Ascent Lifts & Escalators Private Limited - Company Profile

It is a machinery and equipment private limited company based in Chennai, Tamil Nadu, India, established in 2012.
2012 Chennai, Tamil Nadu, India Active
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About Ascent Lifts & Escalators Private Limited

Ascent Lifts & Escalators Private Limited, a active private limited company, was established on 30 January 2012 in Chennai, Tamil Nadu, India. Engaging in material handling & storage equipment within the manufacturing sector, it holds CIN: U29100TN2012PTC084190. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹0.50 M and a paid-up capital of ₹0.10 M.

Formerly known as Ascent Elevators (India) Private Limited. It upholds a compliant status. Employing 49 professional, Its leadership includes Rajani Chalichimala Subramanyam (Director), Kovuru Arunachalam (Director), Kovuru Arunachalam Ankitha (Additional Director). It holds ₹4.95 M open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at No. 2A, Thiruvalluvar Nagar 3Rd Main Road Thiruvalluvar Nagar, Kodungaiyur, Chennai, Tamil Nadu, 600118.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U29100TN2012PTC084190

  • Registration Number

    084190

  • Incorporation Date

    30 January 2012

  • Authorized Capital

    ₹0.50 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 14 Year, 15 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.95 M
  • Revenue Growth **** 0.80%
  • Profit Growth **** 12.21%
  • Ebitda **** 36.59%
  • Net Worth 21.27%
  • Total Assets **** 9.51%
Company report

Ascent Lifts & Escalators Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Ascent Lifts & Escalators Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Ascent Lifts & Escalators Private Limited?
Current Directors
Name Designation Appointment Date Status
Rajani Chalichimala Subramanyam Director 30 Jan 2012 Current
Kovuru Arunachalam Director 30 Jan 2012 Current
Kovuru Arunachalam Ankitha Additional Director 13 Aug 2025 Current

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Financial Performance of Ascent Lifts & Escalators.

Ascent Lifts & Escalators Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.8% increase. The company also saw a substantial improvement in profitability, with a 12.21% increase in profit. The company's net worth Soared by an impressive increase of 21.27%.

Ascent Lifts & Escalators revenue growth over time
Ascent Lifts & Escalators profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 0.80%
*******
*******
*******
*******
Revenue from Operations
*******
 0.83%
*******
*******
*******
*******
Total Assets
*******
 9.51%
*******
*******
*******
*******
Profit or Loss
*******
 12.21%
*******
*******
*******
*******
Net Worth
*******
 21.27%
*******
*******
*******
*******
EBITDA
*******
 36.59%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Ascent Lifts & Escalators?

In 2023, Ascent Lifts & Escalators had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹4,950,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Indian Bank : 0.50 Cr
Latest Charge Details
Date Lender Amount Status
30 Dec 2023 Indian Bank ₹4.95 M Open

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How Many Employees Work at Ascent Lifts & Escalators?

Ascent Lifts & Escalators has a workforce of 49 employees as of Mar 22, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ascent Lifts & Escalators, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Ascent Lifts & Escalators's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Ascent Lifts & Escalators
Recent Activity within the Organization
  • Director Appointment

    Kovuru Arunachalam Ankitha was appointed as a Additional Director was appointed as a Additional Director on 13 Aug 2025 & has been associated with this company since 6 months 3 days . was recorded as a recent event.

  • Annual General Meeting

    Progress on Ascent Lifts & Escalators Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Ascent Lifts & Escalators Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was documented.

  • Charges

    The activity A charge with Indian Bank amounted to Rs. 4.95 M with Charge ID 100846011 was registered on 30 Dec 2023. was completed.

  • Director Appointment

    Progress on Rajani Chalichimala Subramanyam was appointed as a Director was appointed as a Director on 30 Jan 2012 & has been associated with this company since 14 years 15 days . was documented.

  • Director Appointment

    Kovuru Arunachalam was appointed as a Director was appointed as a Director on 30 Jan 2012 & has been associated with this company since 14 years 15 days . was recorded as a recent event.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Ascent Lifts & Escalators Private Limited?

The CIN of Ascent Lifts & Escalators Private Limited is U29100TN2012PTC084190.

Where is Ascent Lifts & Escalators Private Limited headquartered?

Ascent Lifts & Escalators Private Limited is headquartered at No. 2A, Thiruvalluvar Nagar 3Rd Main Road Thiruvalluvar Nagar, Kodungaiyur, Chennai, Tamil Nadu, 600118.

When was Ascent Lifts & Escalators Private Limited incorporated?

Ascent Lifts & Escalators Private Limited was incorporated on 30 January 2012.

Who are the current directors of Ascent Lifts & Escalators Private Limited?

The current directors of Ascent Lifts & Escalators Private Limited are

What is the primary industry of Ascent Lifts & Escalators Private Limited?

The primary industry of Ascent Lifts & Escalators Private Limited is Manufacturing.

Is Ascent Lifts & Escalators Private Limited a listed company?

Ascent Lifts & Escalators Private Limited is unlisted.

What is the capital structure of Ascent Lifts & Escalators Private Limited?

The authorized capital of Ascent Lifts & Escalators Private Limited is ₹0.50 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of Ascent Lifts & Escalators Private Limited?

The compliance status of Ascent Lifts & Escalators Private Limited is Compliant.

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