
Ascentia Innovations Private Limited
About Ascentia Innovations Private Limited
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Ascentia Innovations Private Limited is a private limited company based in Davanagere, Karnataka, India, recognised as a startup by DPIIT. It operates in the scientific research segment of the research and development sector. It was incorporated on 27 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U73100KA2020PTC137813.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹20,000. It is led by directors including Shusma Chandrakant Naik and Sadanand Chethan Kumar.
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 Davanagere, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.28 Lakh, a growth of 10% compared to the previous year. For the same year it recorded a net loss of ₹2.84 Lakh (net margin -45.2%) and EBITDA of -₹2.84 Lakh (EBITDA margin -45.2%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years.
The company is associated with 2 brands: Ascentia Innovations and ResearchNeeds.
Ascentia Innovations Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-12-0004682).
Company details
Recognitions & Rankings of Ascentia Innovations
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-12-0004682
Contact details
Ascentia Innovations Private Limited's registered office is in Davanagere, Karnataka.
- Registered AddressC/O Chethankumar S #1390/8, 3rd Cross Saraswati Nagar, Davanagere, Karnataka, India – 577004
- IndustryResearch & Development, Science Research
- 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
Brands
Ascentia Innovations operates two associated brands: Ascentia Innovations and ResearchNeeds. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides medical communications, research consulting, publishing, and education programs. | ascentia-innovations.com | |
| Data is collected and analyzed for clinical and healthcare research. | researchneeds.in |
Business activity
The main business activity of Ascentia Innovations is hospital and medical care. In detail, this covers other hospital and medical care activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities |
To see the full business activity and turnover split of Ascentia Innovations Private Limited, buy the company report.
Financials of Ascentia Innovations Private Limited
FY 2025 filings availableAscentia Innovations Private Limited reported revenue of ₹6.28 Lakh (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 10% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 25%. EBITDA rose 41% 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 | -₹2.84 Lakh | ||||
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| Net Profit (PAT) | -₹2.84 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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| EBITDA Margin | -45.2% | ||||
| Net Profit Margin | -45.2% | ||||
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To see the full financial statements and ratios of Ascentia Innovations Private Limited, buy the company report.
Board of directors of Ascentia Innovations Private Limited
Ascentia Innovations has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shusma Chandrakant Naik | Director | 26 Aug 2022 | 4 Years 2 Months | Current |
| Sadanand Chethan Kumar | Director | 27 Aug 2020 | 6 Years 2 Months | Current |
| Lakshminarayana Turuvekere Sadguruprasad | Additional Director | 09 May 2025 | 1 Years 5 Months | Current |
Legal cases
No court or tribunal cases involving Ascentia Innovations Private Limited 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 Ascentia Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Ascentia Innovations Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ascentia Innovations Private Limited has 5 board changes on record since 2020: 3 appointments and 2 cessations. The latest: Lakshminarayana Turuvekere Sadguruprasad was appointed as Additional Director on 09 May 2025.
Frequently asked questions
Ascentia Innovations is an active private limited company based in Davanagere, Karnataka, India. The company works in science research, within the research and development industry. It was incorporated on 27 August 2020 (6+ years old) and is registered under CIN U73100KA2020PTC137813.
Ascentia Innovations has 3 current directors:
- Shusma Chandrakant Naik - Director
- Sadanand Chethan Kumar - Director
- Lakshminarayana Turuvekere Sadguruprasad - Additional Director
The latest financial statements of Ascentia Innovations on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Ascentia Innovations is U73100KA2020PTC137813. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ascentia Innovations was incorporated on 27 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Lakshminarayana Turuvekere Sadguruprasad was appointed as Additional Director on 09 May 2025. Shusma Chandrakant Naik ceased to be Additional Director on 30 Sep 2022. Attigere Raghavendra Rao Supreeth ceased to be Director on 26 Aug 2022. Ascentia Innovations has 5 board changes on record in total.
Yes, Ascentia Innovations is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Ascentia Innovations is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-12-0004682).
The registered office of Ascentia Innovations is at CO Chethankumar S #13908, 3rd Cross Saraswati Nagar, Davanagere, Karnataka, India – 577004.
Ascentia Innovations operates in the research and development industry, in the science research segment.

