About Ascent Overseas Private Limited
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Ascent Overseas Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 10 April 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51311DL1996PTC078003.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.98 Cr. It is led by directors Ved Prakash and Rama Nand Sharma.
Its last annual general meeting (AGM) was held on 21 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mahindra Towers 2A Bhikaji Cama Place 2nd Floor New Delhi, Delhi, India – 110066.
As per the financials filed for FY 2024, the company reported a revenue of ₹61,600, a growth of 40% compared to the previous year. For the same year it recorded a net profit of ₹21,465 (net margin 34.8%) and EBITDA of ₹28,995 (EBITDA margin 47.1%). Revenue has declined at a compounded annual rate (CAGR) of 4% over five years.
As per MCA filings, the company has open charges of ₹138.2 Cr and satisfied charges of ₹476.26 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website accentoverseas.com.
Company details
Contact details
Ascent Overseas Private Limited's registered office is in New Delhi, Delhi. Its website is accentoverseas.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressMahindra Towers 2A Bhikaji Cama Place 2nd Floor New Delhi, Delhi, India – 110066
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Ascent Overseas 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 Overseas is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Ascent Overseas Private Limited, buy the company report.
Financials of Ascent Overseas Private Limited
FY 2024 filings availableAscent Overseas Private Limited reported revenue of ₹61,600 (up 40% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 40% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. 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
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| EBITDA | ₹28,995 | ||||
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| Net Profit (PAT) | ₹21,465 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 47.1% | ||||
| Net Profit Margin | 34.8% | ||||
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To see the full financial statements and ratios of Ascent Overseas Private Limited, buy the company report.
Board of directors of Ascent Overseas Private Limited
Ascent Overseas 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 |
|---|---|---|---|---|
| Ved Prakash Also directs: Largo Development and Infrastructure Private Limited, Tdi Builders Private Limited, Magic Town Planners Private Limited and 5 more | Director | 11 Mar 2013 | 13 Years 7 Months | Current |
| Rama Nand Sharma Also directs: Swami Buildtech Private Limited, Ics Hotels Private Limited, Shakti Overseas Private Limited and 5 more | Director | 11 Mar 2013 | 13 Years 7 Months | Current |
Auditor
Ascent Overseas Private Limited is audited by DINESH KUMAR GOEL & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DINESH KUMAR GOEL & CO | FY 2021 | 011027N |
Shareholding
The shareholding of Ascent Overseas Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Ascent Overseas Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Oct 2006 | 10025366 | Indian Bank | ₹78.2 Cr | Open | |
| 15 Jun 2005 | 90040142 | Sindicate Bank | ₹30 Cr | Open | |
| 18 May 2005 | 90040088 | Sindicate Bank | ₹30 Cr | Open | |
| 30 Mar 2010 | 10215236 | Indian Overseas Bank | ₹50 Cr | Satisfied | |
| 15 Nov 2006 | 10025807 | Indian Bank | ₹78.2 Cr | Satisfied |
To see the full charge records of Ascent Overseas Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Ascent Overseas Private Limited has 1 court case on record: 1 filed by Ascent Overseas. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (CS(OS)) | Filed by the company against an individual | Disposed |
To see the full case history of Ascent Overseas 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 Overseas Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Ascent Overseas Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ascent Overseas Private Limited has 6 board changes on record since 2013: 2 appointments and 4 cessations. The latest: Rama Nand Sharma ceased to be Additional Director on 16 Sep 2013.
16 earlier events are in the company report.
Frequently asked questions
Ascent Overseas is an active private limited company based in New Delhi, Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 10 April 1996 (30+ years old) and is registered under CIN U51311DL1996PTC078003.
Ascent Overseas has 2 current directors:
- Ved Prakash - Director
- Rama Nand Sharma - Director
The latest financial statements of Ascent Overseas on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 21 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Ascent Overseas is U51311DL1996PTC078003. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ascent Overseas has 1 court case on record: 1 filed by the company.
Ascent Overseas was incorporated on 10 April 1996, making it 30+ years old. It is registered with the Registrar of Companies, Delhi.
Rama Nand Sharma ceased to be Additional Director on 16 Sep 2013. Ved Prakash ceased to be Additional Director on 16 Sep 2013. Devki Nandan Taneja ceased to be Director on 11 Mar 2013. Ascent Overseas has 6 board changes on record in total.
Ascent Overseas can be reached through the website accentoverseas.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Ascent Overseas is at Mahindra Towers 2A Bhikaji Cama Place 2nd Floor New Delhi, Delhi, India – 110066.
Ascent Overseas operates in the real estate and construction industry, in the real estate builders and developers segment.