Ascent Polyproducts LLP - manufacturing in Kotambi, Gujarat, India. FY 2026 financials & compliance.
LLPIN AAF-4198 Incorporated 01 January 2016 ROC Ahmedabad HQ Kotambi, Gujarat, India
Active Limited Liability Partnership manufacturing
Data last updated
Revenue · FY 2023
₹10.12 Cr
▲ 24% YoY
Net profit · FY 2023
₹1.08 Cr
Net margin 10.7%
EBITDA · FY 2023
₹1.11 Cr
EBITDA margin 11%
Contribution obligation
₹50 Lakh
As per LLP agreement
Open charges
₹85.08 Lakh
Satisfied ₹2.65 Cr
LLP age
10 yrs
Est. 2016
Employees · EPFO
34
Provident fund records
Designated partners
2
As per MCA filings

About Ascent Polyproducts LLP

Data last updated:

Ascent Polyproducts LLP is a limited liability partnership (LLP) based in Kotambi, Gujarat, India. It operates in the fittings and components segment of the manufacturing sector. It was incorporated on 01 January 2016 and has been in existence for over 10 years.

The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAF-4198. Its GSTIN is 24ABHFA5649P1ZX (Gujarat).

The LLP has a total obligation of contribution of ₹50 Lakh. It is led by designated partners Gourishankar Mundhra and Varun Mundhra.

Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at S. No – 540 Village Kotambi Taluka – Waghodiya, Gujarat, India – 391510.

As per the financials filed for FY 2023, the LLP reported a revenue of ₹10.12 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹1.08 Cr (net margin 10.7%) and EBITDA of ₹1.11 Cr (EBITDA margin 11%).

The LLP has about 34 employees on its provident fund (EPFO) records.

As per MCA filings, the LLP has open charges of ₹85.08 Lakh and satisfied charges of ₹2.65 Cr on record.

Company details

LLPIN AAF-4198
Incorporation Date 01 January 2016
Total Obligation of Contribution ₹50 Lakh
ROC Ahmedabad
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2025

Contact details

Ascent Polyproducts LLP's registered office is in Kotambi, Gujarat. Its e-mail address is in the company report.

  • Email
  • Registered Address
    S. No – 540 Village Kotambi Taluka – Waghodiya, Gujarat, India – 391510
  • Industry
    Manufacturing, Fittings & Components

To see the full contact details of Ascent Polyproducts LLP, buy the company report.

Comprehensive company report
Ascent Polyproducts LLP - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Financials of Ascent Polyproducts LLP

FY 2025 filings available

Ascent Polyproducts LLP reported revenue of ₹10.12 Cr (up 24% YoY) for FY 2023.

Revenue · FY 2023
₹10.12 Cr ▲ 24%
Net profit · FY 2023
₹1.08 Cr margin 10.7%
EBITDA · FY 2023
₹1.11 Cr margin 11%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 24%
EBITDA CAGR growth
1 year
▲ 28%

Revenue rose 24% in the latest year. EBITDA rose 28% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

Statement of Account and SolvencyFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Income and Expenditure
Turnover
Other Income
Total Income
Purchases and Direct Costs
Personnel Expenses
Administrative Expenses
Interest
Depreciation
Total Expenses
Profit Before Tax
Tax
Profit After Tax₹1.08 Cr
Profit Transferred to Partners
Assets and Liabilities
Partners' Contribution
Reserves and Surplus
Secured Loans
Unsecured Loans
Trade Payables
Other Liabilities and Provisions
Total Liabilities
Fixed Assets
Investments
Loans and Advances
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

Statement of Account and SolvencyFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
Net Profit Margin10.7%
Return on Partners' Funds
Return on Assets
Liquidity and Debt
Current Ratio
Debt to Partners' Funds
Interest Coverage
Efficiency and Growth
Asset Turnover
Receivable Days
Turnover Growth
Profit Growth

To see the full financial statements and ratios of Ascent Polyproducts LLP, buy the company report.

Designated partners of Ascent Polyproducts LLP

Ascent Polyproducts has 2 designated partners on record. No former designated partners are listed.

Current Designated Partners
NameDesignationAppointment DateTenureStatus
Gourishankar MundhraDesignated Partner01 Jan 201610 Years 10 MonthsCurrent
Varun MundhraDesignated Partner01 Jan 201610 Years 10 MonthsCurrent

Charges & borrowings

Open charges
₹85.08 Lakh
Satisfied charges
₹2.65 Cr
Breakdown by lending institutions
State Bank of India₹0.45 Cr
Hdfc Bank Limited₹0.40 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
01 Feb 2025101043589Hdfc Bank Limited₹15 LakhOpen
04 Nov 2023100826941Hdfc Bank Limited₹10.08 LakhOpen
16 Sep 2023100798166Hdfc Bank Limited₹15 LakhOpen
30 Jun 2022100607288State Bank of India₹45 LakhOpen
24 Apr 2019100275929Bank of Baroda₹2.65 CrSatisfied

To see the full charge records of Ascent Polyproducts LLP, buy the company report.

Total charge records: 5 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Ascent Polyproducts LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Ascent Polyproducts LLP has a workforce of 41 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.

Employee count
41
Active EPFO establishments
1
Employee growth
10.81%

GST

Ascent Polyproducts has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24ABHFA5649P1ZXGujaratActive05 Feb 2019

To see the full GST registrations and return filing status of Ascent Polyproducts LLP, buy the company report.

Recent activity

Ascent Polyproducts LLP has 2 designated partner changes on record since 2016: 2 appointments. The latest: Gourishankar Mundhra was appointed as Designated Partner on 01 Jan 2016.

AGM
Ascent Polyproducts Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Ascent Polyproducts Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 15.00 Lakh with Charge ID 101043589 was registered on 01 Feb 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 10.08 Lakh with Charge ID 100826941 was registered on 04 Nov 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 15.00 Lakh with Charge ID 100798166 was registered on 16 Sep 2023.
Charges
A charge with State Bank Of India amounted to Rs. 45.00 Lakh with Charge ID 100607288 was registered on 30 Jun 2022.
Charges
A charge registered on 24 Apr 2019 via Charge ID 100275929 with Bank Of Baroda was fully satisfied on 03 Mar 2020.
Charges
A charge with Bank Of Baroda amounted to Rs. 265.00 Lakh with Charge ID 100275929 was registered on 24 Apr 2019.
Appointed
Gourishankar Mundhra was appointed as Designated Partner.
Appointed
Varun Mundhra was appointed as Designated Partner.
Incorporation
01 Jan 2016
Ascent Polyproducts Llp was registered on 01 Jan 2016 with Roc Ahmedabad & aged 10 years 10 months as per MCA records.

Frequently asked questions

Ascent Polyproducts is an active limited liability partnership based in Kotambi, Gujarat, India. The LLP works in fittings and components, within the manufacturing industry. It was incorporated on 01 January 2016 (10+ years old) and is registered under LLPIN AAF-4198.

Ascent Polyproducts has 2 current designated partners:

The latest financial statements of Ascent Polyproducts on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2016 are in the company report.

The GSTIN of Ascent Polyproducts is 24ABHFA5649P1ZX, registered in Gujarat.

The LLPIN (Limited Liability Partnership Identification Number) of Ascent Polyproducts is AAF-4198. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.

Ascent Polyproducts was incorporated on 01 January 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Gourishankar Mundhra was appointed as Designated Partner on 01 Jan 2016. Varun Mundhra was appointed as Designated Partner on 01 Jan 2016.

The registered office of Ascent Polyproducts is at S. No – 540 Village Kotambi Taluka – Waghodiya, Gujarat, India – 391510.

Ascent Polyproducts operates in the manufacturing industry, in the fittings and components segment.

Ascent Polyproducts has open charges of ₹85.08 Lakh and satisfied charges of ₹2.65 Cr as per latest MCA filings.