Ascent Plastics Pvt Ltd
About Ascent Plastics Pvt Ltd
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Ascent Plastics Pvt Ltd is a private limited company based in Vadodara, Gujarat, India. It operates in the fittings and components segment of the manufacturing sector. It was incorporated on 20 November 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25200GJ1989PTC013018. Its GSTIN is 24AADCA0879K1ZL (Gujarat).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹17.72 Lakh. It is led by directors Gourishankar Mundhra and Vijaya Mundhra.
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 6/2/10 G.I.D.C Por Ramangamdi, Vadodara, Gujarat, India – 391243.
As per the financials filed for FY 2025, the company reported a revenue of ₹33.04 Lakh, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹21.62 Lakh (net margin 65.4%) and EBITDA of ₹30.49 Lakh (EBITDA margin 92.3%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 39% over five years.
As per MCA filings, the company has satisfied charges of ₹60 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ascent Plastics Pvt Ltd's registered office is in Vadodara, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No. 6/2/10 G.I.D.C Por Ramangamdi, Vadodara, Gujarat, India – 391243
- IndustryManufacturing, Fittings & Components
To see the full contact details of Ascent Plastics Pvt Ltd, 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 Plastics 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 Plastics Pvt Ltd, buy the company report.
Financials of Ascent Plastics Pvt Ltd
FY 2025 filings availableAscent Plastics Pvt Ltd reported revenue of ₹33.04 Lakh (down 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 39% over five years, including a 22% fall in the latest year. EBITDA fell 24% 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 | ₹30.49 Lakh | ||||
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| Net Profit (PAT) | ₹21.62 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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| Profitability | |||||
| EBITDA Margin | 92.3% | ||||
| Net Profit Margin | 65.4% | ||||
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To see the full financial statements and ratios of Ascent Plastics Pvt Ltd, buy the company report.
Board of directors of Ascent Plastics Pvt Ltd
Ascent Plastics has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gourishankar Mundhra | Director | 03 Jan 2006 | 20 Years 10 Months | Current |
| Vijaya Mundhra | Director | 20 Nov 1989 | 36 Years 11 Months | Current |
Auditor
Ascent Plastics Pvt Ltd is audited by K K NARIA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K K NARIA & CO | FY 2021 | 106943W |
Shareholding
The shareholding of Ascent Plastics Pvt Ltd is on record for 5 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 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ascent Plastics Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jun 2015 | 10573675 | Hdfc Bank Limited | ₹30 Lakh | Satisfied | |
| 06 Jun 2015 | 10573846 | Hdfc Bank Limited | ₹30 Lakh | Satisfied |
To see the full charge records of Ascent Plastics Pvt Ltd, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Ascent Plastics Pvt Ltd 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 Plastics Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ascent Plastics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCA0879K1ZL | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ascent Plastics Pvt Ltd, buy the company report.
Recent activity
Ascent Plastics Pvt Ltd has 3 board changes on record since 1989: 2 appointments and 1 cessation. The latest: Gourishankar Mundhra ceased to be Additional Director on 30 Sep 2006.
Frequently asked questions
Ascent Plastics is an active private limited company based in Vadodara, Gujarat, India. The company works in fittings and components, within the manufacturing industry. It was incorporated on 20 November 1989 (37+ years old) and is registered under CIN U25200GJ1989PTC013018.
Ascent Plastics has 2 current directors:
- Gourishankar Mundhra - Director
- Vijaya Mundhra - Director
The latest financial statements of Ascent Plastics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ascent Plastics is 24AADCA0879K1ZL, registered in Gujarat.
The CIN (Corporate Identification Number) of Ascent Plastics is U25200GJ1989PTC013018. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ascent Plastics was incorporated on 20 November 1989, making it 37+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Gourishankar Mundhra ceased to be Additional Director on 30 Sep 2006. Gourishankar Mundhra was appointed as Director on 03 Jan 2006. Vijaya Mundhra was appointed as Director on 20 Nov 1989.
The registered office of Ascent Plastics is at Plot No. 6210 G.I.D.C Por Ramangamdi, Vadodara, Gujarat, India – 391243.
Ascent Plastics operates in the manufacturing industry, in the fittings and components segment.
Ascent Plastics has no open charges and satisfied charges of ₹60 Lakh as per latest MCA filings.
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