Ascent Meditech Limited - Company Profile

Q: Where is Ascent Meditech Limited headquartered?

Ascent Meditech Limited is headquartered at BlockSurvey No.15451548154915501561 156215631564, Dungri 66 Kva Road,,, Dungri, Gujarat, 396375.

Q: Who are the current directors of Ascent Meditech Limited?

The current directors of Ascent Meditech Limited are Jayesh Narendra Sheth, Rajiv Ishwarbhai Mistry, Felix Andy Awili Olale, Shyam S Krishnan, Ajaykumar Gunvantrai Shah, Snehal Arvind Patel, Swati Mehta, Michael Thomas Scholl Jelinske.

It is a healthcare public limited company based in Dungri, Gujarat, India, established in 2012.

2012 Dungri, Gujarat, India Active

Last Updated: January 11, 2026

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About Ascent Meditech Limited

Ascent Meditech Limited, a active public limited company, was established on 12 June 2012 in Dungri, Gujarat, India. Engaging in medical & laboratory equipment within the manufacturing sector, it holds CIN: U33110GJ2012PLC126535. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹3.00 Cr and a paid-up capital of ₹1.20 Cr.

It upholds a compliant status. Employing 1,384 professional, Its leadership includes Jayesh Narendra Sheth (Director), Rajiv Ishwarbhai Mistry (Managing Director), Felix Andy Awili Olale (Nominee Director). Past directors included Michael Jude Fernandes, Jayesh Narendra Sheth, Sebastian Joseph Kumarakath. It holds ₹92.43 Cr open charges and ₹35.73 Cr settled loans. Its latest AGM occurred on 15 December 2025, with the balance sheet filed on 31 March 2025. It is based at Block/Survey No.1545/1548/1549/1550/1561/ 1562/1563/1564, Dungri 66 Kva Road,,, Dungri, Gujarat, 396375.

Company Details

CIN/LLPIN
U33110GJ2012PLC126535
Registration Number
126535
Incorporation Date
12 June 2012
Authorized Capital
₹3.00 Cr
Paid-Up Capital
₹1.20 Cr
ROC Code
Roc Ahmedabad
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 3.00 Cr as on 11-01-2026
Paid Up Capital ₹ 1.20 Cr as on 11-01-2026
Company Age 13 Year, 8 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 92.43 Cr as on 11-01-2026
Satisfied Charges ₹ 35.73 Cr as on 11-01-2026
Revenue Growth **** 15.13% (FY 2023)
Profit Growth **** -86.33% (FY 2023)
Ebitda **** 21.20% (FY 2023)
Net Worth 0.77% (FY 2023)
Total Assets -1.12% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Ascent Meditech 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 Meditech Limited?

Current Directors

Name	Designation	Appointment Date	Status
Jayesh Narendra Sheth	Director	28 Mar 2025	Current
Rajiv Ishwarbhai Mistry	Managing Director	12 Jun 2012	Current
Felix Andy Awili Olale	Nominee Director	18 Mar 2021	Current
Shyam S Krishnan	Cfo	08 Sep 2021	Current
Ajaykumar Gunvantrai Shah	Director	12 Jun 2012	Current
Snehal Arvind Patel	Director	22 Aug 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Nominee Director	26 Jul 2021	Past
Pramod Abcsdd	Additional Director	14 Dec 2025	Past
Pramod Abcsdd	Ceo	-	Past
Pramod Abcsdd	Additional Director	30 Sep 2017	Past
Pramod Abcsdd	Director	01 Apr 2016	Past
Pramod Abcsdd	Nominee Director	08 May 2025	Past

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Financial Performance of Ascent Meditech.

Ascent Meditech Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.13% increase. The company also saw a substantial fall in profitability, with a 86.33% decrease in profit. The company's net worth moved up by a moderate rise of 0.77%.

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

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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

********

15.13%

*******

Revenue from Operations

*******

17.51%

*******

Total Assets

*******

-1.12%

*******

Profit or Loss

*******

-86.33%

*******

Net Worth

*******

0.77%

*******

EBITDA

*******

21.20%

*******

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What is the Ownership and Shareholding Structure of Ascent Meditech?

In 2023, Ascent Meditech had a promoter holding of 41.33% and a public holding of 58.67%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

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

₹924,300,000.00

Satisfied Charges

₹357,337,000.00

Charges Breakdown by Lending Institutions

Axis Bank Limited : 47.58 Cr
Hdfc Bank Limited : 34.25 Cr
The Hongkong And Shanghai Banking Corporation Limited : 10.00 Cr
Others : 0.60 Cr

Latest Charge Details

Date	Lender	Amount	Status
31 Oct 2022	The Hongkong And Shanghai Banking Corporation Limited	₹10.00 Cr	Open
06 May 2021	Hdfc Bank Limited	₹34.25 Cr	Open
03 Oct 2019	Axis Bank Limited	₹47.58 Cr	Open
21 Feb 2019	Others	₹6.00 M	Open
28 Oct 2017	Others	₹0.80 M	Satisfied

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How Many Employees Work at Ascent Meditech?

Ascent Meditech has a workforce of 1384 employees as of Apr 04, 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

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Ascent Meditech, 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 Meditech's trajectory.

Rating

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

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 Meditech

Recent Activity within the Organization

Annual General Meeting

Progress on Ascent Meditech Limited last Annual general meeting of members was held on 15 Dec 2025 as per latest MCA records. was documented.
15 Dec 2025
Director Appointment

Progress on Snehal Arvind Patel was appointed as a Director was appointed as a Director on 22 Aug 2025 & has been associated with this company since 5 months 21 days . was documented.
22 Aug 2025
Director Appointment

The activity Swati Mehta was appointed as a Nominee Director was appointed as a Nominee Director on 25 Jul 2025 & has been associated with this company since 6 months 19 days . was completed.
25 Jul 2025
Director Appointment

The activity Michael Thomas Scholl Jelinske was appointed as a Nominee Director was appointed as a Nominee Director on 30 Apr 2025 & has been associated with this company since 9 months 13 days . was completed.
30 Apr 2025
Balance Sheet

The activity Ascent Meditech Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was completed.
31 Mar 2025
Director Appointment

The activity Jayesh Narendra Sheth was appointed as a Director was appointed as a Director on 28 Mar 2025 & has been associated with this company since 10 months 15 days . was completed.
28 Mar 2025

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