About Ascentek Solutions Private Limited
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Ascentek Solutions Private Limited is a private limited company based in Borivlai East, Maharashtra, India. It operates in the consultancy services segment of the technology and IT services sector. It was incorporated on 12 January 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2001PTC130439. Its GSTIN is 27AADCA0707G1Z5 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.05 Lakh. It is led by directors including Narayan Timmappa Shetty and Pushparaj Narayan Shetty.
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 C 511 National Park, Borivlai East, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.51 Lakh, a decline of 7% compared to the previous year. For the same year it recorded a net loss of ₹72,285 (net margin -47.8%) and EBITDA of -₹55,722 (EBITDA margin -36.9%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 6% over five years.
The company is associated with 1 brand: Ascentek Solutions.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ascenteksolutions.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressC 511 National Park View 1 Co – Op. Hsg. Soc. Ltd, Raheja Estate Borivali East, Borivlai East, Maharashtra, India – 400066
- IndustryInformation Technology, Consultancy, Computer Programming
- 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
- One PDF report, delivered after checkout
Business Activity of Ascentek Solutions Private Limited
The main business activity of Ascentek Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ascentek Solutions Private Limited FY 2025 filings available
Ascentek Solutions Private Limited reported revenue of ₹1.51 Lakh (down 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ascentek Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 7% fall in the latest year. EBITDA rose 18% 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 Ascentek Solutions 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 | -₹55,722 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹72,285 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Ascentek Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -36.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -47.8% | •••• | •••• | •••• | •••• |
| 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 Ascentek Solutions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Ascentek Solutions Private Limited
Ascentek Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Federox Tech Studio Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Iec Technologies Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Samudra Research & Services Private Limited | •••• | •••• | •••• | •••• | - | Faridabad, Haryana, India |
| Animask India Private Limited | •••• | •••• | •••• | •••• | - | Kottukal P.O Kp, Kerala, India |
| Aklex Software Private Limited | •••• | •••• | •••• | •••• | - | Bhubaneswar, Orissa, India |
| Ascentek Solutions Private Limited this company | •••• | •••• | •••• | •••• | - | Borivlai East, Maharashtra, India |
| Kursaha Technologies Private Limited | •••• | •••• | •••• | •••• | - | Gonda, Uttar Pradesh, India |
| Datacon IT Services Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Whatever Works Technology Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Aaurcred Private Limited | •••• | •••• | •••• | •••• | - | Meerut, Uttar Pradesh, India |
| Champtouch Software (OPC) Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Ascentek Solutions by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Ascentek Solutions Private Limited
Ascentek Solutions Private Limited is audited by NARKAR & CO. for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NARKAR & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Ascentek Solutions Private Limited
Ascentek Solutions has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narayan Timmappa Shetty | Director | 26 Apr 2002 | 24 Years 5 Months | Current |
| Pushparaj Narayan Shetty | Director | 12 Jan 2001 | 25 Years 8 Months | Current |
| Jaya Narayan Shetty | Director | 18 Jan 2017 | 9 Years 8 Months | Current |
Ownership and Shareholding of Ascentek Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ascentek Solutions Private Limited
Ascentek Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Ascentek Solutions Private Limited
Ascentek Solutions operates one associated brand: Ascentek Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Software development infrastructure and back-office services for business needs. | ascenteksolutions.com |
Employees and EPFO Compliance at Ascentek Solutions Private Limited
Employment history and EPFO contributions of people linked to Ascentek Solutions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Ascentek Solutions Private Limited
Ascentek Solutions has 1 associated company. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
Recent Activity on Ascentek Solutions Private Limited
Ascentek Solutions Private Limited has 6 board changes on record since 2001: 3 appointments and 3 cessations. The latest: Jaya Narayan Shetty ceased to be Director Appointed In Casual Vacancy on 09 Feb 2022.
Credit Ratings, Litigation & Regulatory Alerts for Ascentek Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Ascentek Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ascentek Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ascentek Solutions Private Limited
Ascentek Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCA0707G1Z5 | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ascentek Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ascentek Solutions Private Limited
Ascentek Solutions is an active private limited company based in Borivlai East, Maharashtra, India. The company works in consultancy, within the information technology industry. It was incorporated on 12 January 2001 (25+ years old) and is registered under CIN U72900MH2001PTC130439.
Ascentek Solutions reported revenue of ₹1.51 Lakh for FY 2025 (down 7% YoY).
Ascentek Solutions has 3 current directors:
- Narayan Timmappa Shetty - Director
- Pushparaj Narayan Shetty - Director
- Jaya Narayan Shetty - Director
Ascentek Solutions reported a net loss of ₹72,285 (net margin -47.8%) and EBITDA of -₹55,722 (EBITDA margin -36.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ascentek Solutions is -17% over three years and -6% over five years. In the latest year (FY 2025) revenue fell 7%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ascentek Solutions is 27AADCA0707G1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ascentek Solutions is U72900MH2001PTC130439. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ascentek Solutions was incorporated on 12 January 2001, making it 25+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ascentek Solutions by revenue are Federox Tech Studio Private Limited, Iec Technologies Limited, Samudra Research & Services Private Limited, Animask India Private Limited, Aklex Software Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Jaya Narayan Shetty ceased to be Director Appointed In Casual Vacancy on 09 Feb 2022. Rajesh Narayan Sheety ceased to be Director on 12 Jul 2017. Jaya Narayan Shetty was appointed as Director on 18 Jan 2017. Ascentek Solutions has 6 board changes on record in total.
Ascentek Solutions can be reached through the website ascenteksolutions.com. Its registered office is in Borivlai East, Maharashtra, India.