Ascentrade India Private Limited

Ascentrade India Private Limited - chemicals and materials in Noida, Uttar Pradesh, India. FY 2026 financials & compliance.
CIN U74999UP2019FTC120819 Incorporated 03 September 2019 ROC Kanpur HQ Noida, Uttar Pradesh, India
Active Foreign Private Limited Company chemicals and materials MSME · Small
Data last updated
Revenue · FY 2023
₹34.26 Cr
▲ 67% YoY
Net profit · FY 2023
₹13.12 Lakh
Net margin 0.4%
EBITDA · FY 2023
₹23.16 Lakh
EBITDA margin 0.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
2
GST registered

About Ascentrade India Private Limited

Data last updated:

Ascentrade India Private Limited is a foreign private limited company based in Noida, Uttar Pradesh, India, a subsidiary of Reilance Technology Co. Ltd.. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 03 September 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U74999UP2019FTC120819. Its GSTIN is 09AASCA6931D1ZG (Uttar Pradesh). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shen Xuepeng and Davidmanoharan Arockiasamy.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at House No. D – 93 Sector – 56, Noida, Uttar Pradesh, India – 201301.

As per the financials filed for FY 2023, the company reported a revenue of ₹34.26 Cr, a growth of 67% compared to the previous year. For the same year it recorded a net profit of ₹13.12 Lakh (net margin 0.4%) and EBITDA of ₹23.16 Lakh (EBITDA margin 0.7%).

Ascentrade India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-28-0008628).

Company details

CIN U74999UP2019FTC120819
Registration Number 120819
Incorporation Date 03 September 2019
ROC Kanpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Reilance Technology Co. Ltd.
MSME Classification Small
Udyam Registration UDYAM-UP-28-0008628

Recognitions & Rankings of Ascentrade India

MSME (Udyam registered) Ministry of MSME
Category
Small (2023-24)
Udyam number
UDYAM-UP-28-0008628

Contact details

Ascentrade India Private Limited's registered office is in Noida, Uttar Pradesh. Its e-mail address is in the company report.

  • Email
  • Registered Address
    House No. D – 93 Sector – 56, Noida, Uttar Pradesh, India – 201301
  • Industry
    Chemicals and Materials, Chemical Distribution & Retail

To see the full contact details of Ascentrade India Private Limited, buy the company report.

Comprehensive company report
Ascentrade India Private Limited - 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

Business activity

The main business activity of Ascentrade India is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Ascentrade India Private Limited, buy the company report.

Financials of Ascentrade India Private Limited

FY 2024 filings available

Ascentrade India Private Limited reported revenue of ₹34.26 Cr (up 67% YoY) for FY 2023.

Revenue · FY 2023
₹34.26 Cr ▲ 67%
Net profit · FY 2023
₹13.12 Lakh margin 0.4%
EBITDA · FY 2023
₹23.16 Lakh margin 0.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 67%
EBITDA CAGR growth
1 year
▲ 138%
3 years · compounded
▲ 245%

Revenue rose 67% in the latest year. EBITDA rose 138% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹23.16 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹13.12 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin0.7%
Net Profit Margin0.4%
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

To see the full financial statements and ratios of Ascentrade India Private Limited, buy the company report.

Board of directors of Ascentrade India Private Limited

Ascentrade India has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Davidmanoharan ArockiasamyAdditional Director01 Mar 20215 Years 8 MonthsCurrent
Shen XuepengDirector27 Jul 20206 Years 3 MonthsCurrent

Peer comparison

Ascentrade India Private Limited is compared with the 6 companies closest to it by revenue in the Metals and Minerals industry (Materials Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Staunch Natural Resources Private Limited₹34.84 Cr (FY 2017)-70.0%Mumbai, Maharashtra, India
Mignesh Global Limited₹34.55 Cr (FY 2025)72.0%Gandhinagar, Gujarat, India
Aaditya Khanij & Coal Nagpur Private Limited₹34.46 Cr (FY 2024)5.0%Nagpur, Maharashtra, India
Ascentrade India Private Limitedthis company₹34.26 Cr (FY 2023)₹13.12 Lakh0.4%67.0%Noida, Uttar Pradesh, India
Goyal Iron & Steel (Nagpur) Private Limited₹34.15 Cr (FY 2025)-8.0%Nagpur, Maharashtra, India
Hira Coal Mines Private Limited₹33.96 Cr (FY 2025)-32.0%Allahabad, Uttar Pradesh, India
Prince Commodeal Private Limited₹33.93 Cr (FY 2024)818.0%Kolkata, West Bengal, India

To see the full peer comparison of Ascentrade India Private Limited, buy the company report.

Shareholding

The shareholding of Ascentrade India Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Ascentrade India Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Ascentrade India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Ascentrade India has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
09AASCA6931D1ZGUttar PradeshActive16 Oct 2019
33AASCA6931D1ZPTamil NaduActive31 Aug 2021

To see the full GST registrations and return filing status of Ascentrade India Private Limited, buy the company report.

Recent activity

Ascentrade India Private Limited has 7 board changes on record since 2019: 3 appointments and 4 cessations. The latest: Davidmanoharan Arockiasamy was appointed as Additional Director on 01 Mar 2021.

AGM
Ascentrade India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Ascentrade India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.
Appointed
Davidmanoharan Arockiasamy was appointed as Additional Director.
Ceased
Tanishq Sharma ceased to be Director.
Ceased
Shen Xuepeng ceased to be Additional Director.
Ceased
Chen Siqi ceased to be Director.
Appointed
Shen Xuepeng was appointed as Director.
Ceased
Avinash Dayal ceased to be Director.
Appointed
Madhur Ashok Zanwar was appointed as Comp. Inc. Oi As Promoter.
Incorporation
03 Sep 2019
Ascentrade India Private Limited was registered on 03 Sep 2019 with Roc Kanpur & aged 7 years 2 months as per MCA records.

Frequently asked questions

Ascentrade India is an active foreign private limited company based in Noida, Uttar Pradesh, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 03 September 2019 (7+ years old) and is registered under CIN U74999UP2019FTC120819.

Ascentrade India has 2 current directors:

The latest financial statements of Ascentrade India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.

The GSTIN of Ascentrade India is 09AASCA6931D1ZG, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AASCA6931D1ZP (Tamil Nadu).

The CIN (Corporate Identification Number) of Ascentrade India is U74999UP2019FTC120819. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ascentrade India was incorporated on 03 September 2019, making it 7+ years old. It is registered with the Registrar of Companies, Kanpur.

The peers of Ascentrade India by revenue are Staunch Natural Resources Private Limited, Mignesh Global Limited, Aaditya Khanij & Coal Nagpur Private Limited, Goyal Iron & Steel (Nagpur) Private Limited, Hira Coal Mines Private Limited and 1 more, all in the Metals and Minerals industry (Materials Retail and Distribution), with the same principal business activity (wholesale trading).

Davidmanoharan Arockiasamy was appointed as Additional Director on 01 Mar 2021. Tanishq Sharma ceased to be Director on 01 Mar 2021. Shen Xuepeng ceased to be Additional Director on 30 Dec 2020. Ascentrade India has 7 board changes on record in total.

Yes, Ascentrade India is registered as a small enterprise under Udyam registration (number: UDYAM-UP-28-0008628).

The registered office of Ascentrade India is at House No. D – 93 Sector – 56, Noida, Uttar Pradesh, India – 201301.

Ascentrade India operates in the chemicals and materials industry, in the chemical distribution and retail segment.