Ascent Yarns Private Limited Company Logo

Ascent Yarns Private Limited - Company Profile

It is a manufacturing private limited company based in Ahmedabad, Gujarat, India, established in 2003.

2003 | Ahmedabad, Gujarat, India | Active
Last Updated:

About Ascent Yarns Private Limited

Ascent Yarns Private Limited, a active private limited company, was established on 03 June 2003 in Ahmedabad, Gujarat, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17297GJ2003PTC042456. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹4.25 Cr and a paid-up capital of ₹3.43 Cr.

It upholds a compliant status. Employing 89 professional, Its leadership includes Ashvini Shekhar (Director), Vinod Shekhar (Director), Anup Omprakash Khushu (Director). Past directors included Ashvini Shekhar, Mahendra Bhansali, Narendra Sukheja. It holds ₹15.57 Cr open charges and ₹27.28 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Plot No 14, 15, 16 Moraiya Ind. Estate, Moraiya Road, Tal:, Sanand, Ahmedabad, Gujarat, 382213.

Company Details

  • CIN/LLPIN

    U17297GJ2003PTC042456

  • Registration Number

    042456

  • Incorporation Date

    03 June 2003

  • Authorized Capital

    ₹4.25 Cr

  • Paid-Up Capital

    ₹3.43 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 4.25 Cr
  • Paid Up Capital ₹ 3.43 Cr
  • Company Age 22 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 15.57 Cr
  • Satisfied Charges ₹ 27.28 Cr
  • Revenue Growth -2.02%
  • Profit Growth -64.81%
  • Ebitda -47.18%
  • Net Worth 4.19%
  • Total Assets 8.67%
Company report

Ascent Yarns Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Ascent Yarns Private 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 Yarns Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Ashvini ShekharDirector05 Feb 2021Current
Vinod ShekharDirector06 Aug 2003Current
Anup Omprakash KhushuDirector08 Jun 2003Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director30 Nov 2021Past
Pramod AbcsddDirector26 Oct 2021Past
Pramod AbcsddDirector22 Jun 2010Past

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Financial Performance of Ascent Yarns.

Ascent Yarns Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 2.02% decrease. The company also saw a substantial fall in profitability, with a 64.81% decrease in profit. The company's net worth moved up by a moderate rise of 4.19%.

Ascent Yarns revenue growth over time
Ascent Yarns profit and loss trends over time
  • 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
-2.02%
Revenue from Operations
-2.14%
Total Assets
8.67%
Profit or Loss
-64.81%
Net Worth
4.19%
EBITDA
-47.18%

What is the Ownership and Shareholding Structure of Ascent Yarns?

In 2023, Ascent Yarns had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹155,700,000.00

Satisfied Charges

₹272,808,000.00

Charges Breakdown by Lending Institutions

  • State Bank Of India : 11.87 Cr
  • Others : 2.20 Cr
  • Hdfc Bank Limited : 1.50 Cr

Latest Charge Details

DateLenderAmountStatus
22 Feb 2021Hdfc Bank Limited₹1.50 CrOpen
09 Oct 2020Others₹2.20 CrOpen
20 Jul 2011State Bank Of India₹11.87 CrOpen
14 Oct 2006Corporation Bank₹8.80 CrSatisfied
30 Jun 2006₹0.41 MSatisfied

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How Many Employees Work at Ascent Yarns?

Ascent Yarns has a workforce of 89 employees as of Mar 23, 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 growth trends for Ascent Yarns Private Limited

Deals i

Graph showing company valuation over time

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

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Ascent Yarns

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Ascent Yarns Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Ascent Yarns Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was documented.

  • Charges

    Progress on A charge with State Bank Of India of Rs. 11.87 Cr registered on 20 Jul 2011 with Charge ID 10304030 was modified on 21 Aug 2021. was documented.

  • Charges

    A charge registered on 30 Jun 2006 with was fully satisfied on 04 Aug 2021. was recorded as a recent event.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.50 Cr with Charge ID 100431010 was registered on 22 Feb 2021. was recorded as a recent event.

  • Director Appointment

    The activity Ashvini Shekhar was appointed as a Director was appointed as a Director on 05 Feb 2021 & has been associated with this company since 4 years 9 months . was completed.

Frequently Asked Questions

  • What is the CIN of Ascent Yarns Private Limited?

    The CIN of Ascent Yarns Private Limited is U17297GJ2003PTC042456.

  • Where is Ascent Yarns Private Limited headquartered?

    Ascent Yarns Private Limited is headquartered at Plot No 14, 15, 16 Moraiya Ind. Estate, Moraiya Road, Tal:, Sanand, Ahmedabad, Gujarat, 382213.

  • When was Ascent Yarns Private Limited incorporated?

    Ascent Yarns Private Limited was incorporated on 03 June 2003.

  • Who are the current directors of Ascent Yarns Private Limited?

    The current directors of Ascent Yarns Private Limited are

  • What is the primary industry of Ascent Yarns Private Limited?

    The primary industry of Ascent Yarns Private Limited is Manufacturing.

  • Is Ascent Yarns Private Limited a listed company?

    Ascent Yarns Private Limited is unlisted.

  • What is the capital structure of Ascent Yarns Private Limited?

    The authorized capital of Ascent Yarns Private Limited is ₹4.25 Cr, and the paid-up capital is ₹3.43 Cr.

  • What is the compliance status of Ascent Yarns Private Limited?

    The compliance status of Ascent Yarns Private Limited is Compliant.

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