Startup India Government of India
Ascent Risk & Resilience Software Private Limited - information technology in Gurgaon, Haryana, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹10.09 Cr
▲ 13% YoY
Net profit · FY 2025
₹12.3 Lakh
Net margin 1.2%
EBITDA · FY 2025
₹42.2 Lakh
EBITDA margin 4.2%
Authorised capital
₹28.2 Lakh
Registered with MCA
Paid-up capital
₹26.34 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Employees · EPFO
61
Provident fund records
Directors on board
2
As per MCA filings
About Ascent Risk & Resilience Software Private Limited
Data last updated:
Ascent Risk & Resilience Software Private Limited is a private limited company based in Gurgaon, Haryana, India, a subsidiary of Atc Finetr Software Pte Ltd and recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 05 September 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72200HR2017PTC070641. Its GSTIN is 06AAGCK7522E1ZP (Haryana). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹28.2 Lakh and a paid-up capital of ₹26.34 Lakh. It was formerly known as Kinolve Software India Private Limited. It is led by directors Sasidhar Vanapalli and Kundan Shekhawat.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 117 First Floor Sector 10, Gurgaon, Haryana, India – 122001.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.09 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹12.3 Lakh (net margin 1.2%) and EBITDA of ₹42.2 Lakh (EBITDA margin 4.2%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 10% over five years.
The company has about 61 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ascent Business. The company has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹2.39 Cr; the latest was in November 2019. Its 10 peer companies in the same principal business activity (Other information & communication service activities) are compared by revenue, 5 larger and 5 smaller; the largest is Transworld International Records & Data Management Services Private Limited with revenue of ₹10.1 Cr. The company has 13 MSME Form 1 returns on record between 2019 and 2024, listing 138 overdue payments to 12 micro and small suppliers.
Ascent Risk & Resilience Software Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-18-0068363). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ascentbusiness.com.
Company Details of Ascent Risk & Resilience Software Private Limited
CIN U72200HR2017PTC070641
Registration Number 070641
Incorporation Date 05 September 2017
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Atc Finetr Software Pte Ltd
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification MSME
Udyam Registration UDYAM-MH-18-0068363
Recognitions & Rankings of Ascent Risk & Resilience Software
MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-18-0068363
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No. 117 First Floor Sector 10, Gurgaon, Haryana, India – 122001
- IndustryInformation Technology, Application Development & Software Solutions, IT Consulting & Support Services
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Associated Brands with Ascent Risk & Resilience Software Private Limited
Ascent Risk & Resilience Software operates one associated brand: Ascent Business. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| AI-driven bank reconciliation and escrow solutions are offered for businesses. | ascentbusiness.com |
Business Activity of Ascent Risk & Resilience Software Private Limited
The main business activity of Ascent Risk & Resilience Software is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
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Verified entity values are shown only after access is granted.
Financials of Ascent Risk & Resilience Software Private Limited FY 2025 filings available
Ascent Risk & Resilience Software Private Limited reported revenue of ₹10.09 Cr (up 13% YoY) for FY 2025.
Revenue · FY 2025
₹10.09 Cr ▲ 13%
Net profit · FY 2025
₹12.3 Lakh margin 1.2%
EBITDA · FY 2025
₹42.2 Lakh margin 4.2%
Compounded Annual Growth Rate (CAGR) of Ascent Risk & Resilience Software Private Limited
Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 7%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▲ 121%
3 years · compounded
▲ 101%
5 years · compounded
▲ 18%
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 13% growth in the latest year. EBITDA rose 121% 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 of Ascent Risk & Resilience Software Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹42.2 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹12.3 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Ascent Risk & Resilience Software Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.2% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ascent Risk & Resilience Software are in the company report.
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Financial statements from FY 2018
Earlier years and trend charts are in the company report.
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Board of Directors of Ascent Risk & Resilience Software Private Limited
Ascent Risk & Resilience Software has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sasidhar Vanapalli | Director | 01 Mar 2024 | 2 Years 7 Months | Current |
| Kundan Shekhawat | Director | 05 Sep 2017 | 9 Years 1 Months | Current |
Peer Comparison of Ascent Risk & Resilience Software Private Limited
Ascent Risk & Resilience Software Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Transworld International Records & Data Management Services Private Limited | ₹10.1 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Bangalore, Karnataka, India |
| Algoritham Infrastructure Private Limited | ₹10.09 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Thane, Maharashtra, India |
| Vincent Game Private Limited | ₹10.09 Cr (FY 2024) | •••• | •••• | 297.0% | •••• | Ahmedabad, Gujarat, India |
| Softwide Techno Solutions Private Limited | ₹10.09 Cr (FY 2024) | •••• | •••• | -6.0% | •••• | Guwahati, Assam, India |
| Shine Dezign Infonet Private Limited | ₹10.09 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Chandigarh, India |
| Ascent Risk & Resilience Software Private Limited this company | ₹10.09 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Gurgaon, Haryana, India |
| Mellanox Technologies India Private Limited | ₹10.09 Cr (FY 2020) | •••• | •••• | 25.0% | •••• | New Delhi, Delhi, India |
| Commusoft Private Limited | ₹10.08 Cr (FY 2024) | •••• | •••• | 26.0% | •••• | Sriperumbudur, Tamil Nadu, India |
| Concetto Labs Software Services Private Limited | ₹10.08 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Ahmedabad, Gujarat, India |
| White Thoughts and Branding Private Limited | ₹10.07 Cr (FY 2024) | •••• | •••• | -12.0% | •••• | Hyderabad, Telangana, India |
| Icanio Technology Labs Private Limited | ₹10.05 Cr (FY 2025) | •••• | •••• | 50.0% | •••• | Satankulam, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Ascent Risk & Resilience Software by revenue in the same principal business activity (Other information & communication service activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ascent Risk & Resilience Software Private Limited
Ascent Risk & Resilience Software Private Limited is audited by Jayant & Sadashiv Chartered Accountants for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Jayant & Sadashiv Chartered Accountants | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Ascent Risk & Resilience Software Private Limited
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Shareholding and ownership data
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Charges & Borrowings of Ascent Risk & Resilience Software Private Limited
Ascent Risk & Resilience Software Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Ascent Risk & Resilience Software Private Limited
Ascent Risk & Resilience Software Private Limited has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹2.39 Cr; the latest was in November 2019.
Total deals
4
Funding rounds
2
Rights issue
1
Secondary share transfer
1
Disclosed funding
₹2.39 Cr
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2019 | Rights issue | ₹5.64 Cr | Investors: Atc Finetr Software Pte Limited |
| Oct 2019 | Funding round | ₹2.19 Cr | Investors: Atc Finetr Software Pte Limited |
| May 2019 | Secondary share transfer | Undisclosed | Buyer: Atc Finetr Software Pte Limited Seller: 3 individuals |
| Jan 2018 | Funding round | ₹19.7 Lakh | Investors: an individual |
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Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
MSME Payment Delays by Ascent Risk & Resilience Software Private Limited
Ascent Risk & Resilience Software Private Limited has 13 MSME Form 1 returns on record between 2019 and 2024, listing 138 overdue payments to 12 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 12)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| La Esperanza Travels LLP | •••• | •••• | •••• |
| Massif Marketing | •••• | •••• | •••• |
| Truetech Services Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
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Full MSME payment history
Every supplier, amount and due date from all 13 MSME Form 1 returns is in the company report.
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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Ascent Risk & Resilience Software Private Limited
Ascent Risk & Resilience Software Private Limited has a workforce of 61 employees as of Apr 07, 2024.
Employee count
61
Active EPFO establishments
1
Employee growth
-7.58%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Ascent Risk & Resilience Software Private Limited
Ascent Risk & Resilience Software Private Limited has 5 board changes on record since 2017: 2 appointments and 3 cessations. The latest: Sasidhar Vanapalli ceased to be Additional Director on 29 Sep 2024.
AGM
Ascent Risk & Resilience Software Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ascent Risk & Resilience Software Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Ceased
Sasidhar Vanapalli ceased to be Additional Director.
Appointed
Sasidhar Vanapalli was appointed as Director.
Ceased
Siddharth Kohli ceased to be Director.
Ceased
Shakti Singh Shekhawat ceased to be Director.
Appointed
Kundan Shekhawat was appointed as Director.
Incorporation
05 Sep 2017
Ascent Risk & Resilience Software Private Limited was registered on 05 Sep 2017 with Roc Delhi & aged 9 years 1 month as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Ascent Risk & Resilience Software Private Limited
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Subsidiaries & Group Companies of Ascent Risk & Resilience Software Private Limited
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Corporate group structure
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GST Compliance of Ascent Risk & Resilience Software Private Limited
Ascent Risk & Resilience Software has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAGCK7522E1ZP | Haryana | Active | 11 Oct 2017 |
| 27AAGCK7522E1ZL | Maharashtra | Active | 18 May 2019 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Ascent Risk & Resilience Software Private Limited
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Related news about Ascent Risk & Resilience Software Private Limited
Frequently Asked Questions about Ascent Risk & Resilience Software Private Limited
Ascent Risk & Resilience Software is an active private limited company based in Gurgaon, Haryana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 05 September 2017 (9+ years old) and is registered under CIN U72200HR2017PTC070641.
Ascent Risk & Resilience Software reported revenue of ₹10.09 Cr for FY 2025 (up 13% YoY).
Ascent Risk & Resilience Software has 2 current directors:
- Sasidhar Vanapalli - Director
- Kundan Shekhawat - Director
Ascent Risk & Resilience Software reported a net profit of ₹12.3 Lakh (net margin 1.2%) and EBITDA of ₹42.2 Lakh (EBITDA margin 4.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ascent Risk & Resilience Software is 7% over three years and 10% over five years. In the latest year (FY 2025) revenue rose 13%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ascent Risk & Resilience Software is 06AAGCK7522E1ZP, registered in Haryana. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAGCK7522E1ZL (Maharashtra).
The CIN (Corporate Identification Number) of Ascent Risk & Resilience Software is U72200HR2017PTC070641. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ascent Risk & Resilience Software was incorporated on 05 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
Ascent Risk & Resilience Software has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹2.39 Cr; the latest was in November 2019.
The peers of Ascent Risk & Resilience Software by revenue are Transworld International Records & Data Management Services Private Limited, Algoritham Infrastructure Private Limited, Vincent Game Private Limited, Softwide Techno Solutions Private Limited, Shine Dezign Infonet Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Sasidhar Vanapalli ceased to be Additional Director on 29 Sep 2024. Sasidhar Vanapalli was appointed as Director on 01 Mar 2024. Siddharth Kohli ceased to be Director on 01 Mar 2024. Ascent Risk & Resilience Software has 5 board changes on record in total.
Yes, Ascent Risk & Resilience Software is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).