About Ascentx Software Development Services Private Limited
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Ascentx Software Development Services Private Limited is a private limited company based in Chandigarh, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 20 February 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U72200CH2006PTC031664. Its GSTIN is 04AAFCA5780K1ZJ (Chandigarh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Axind Software Development Services Private Limited. It is led by directors including Jaspreet Rai and Himmat Singh Sandhu.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 178 – 178A Office No. 506 5th Floor Elante Mall Industrial Area Phase – I, Chandigarh, India – 160002.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.58 Lakh, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹7.89 Lakh (net margin 34.9%) and EBITDA of ₹17.06 Lakh (EBITDA margin 75.5%). Revenue has declined at a compounded annual rate (CAGR) of 69% over three years and 48% over five years.
The company has about 46 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ascentx.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ascentx.com.
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- Registered AddressPlot No. 178 – 178A Office No. 506 5th Floor Elante Mall Industrial Area Phase – I, Chandigarh, India – 160002
- IndustryInformation Technology, IT Consulting & Support Services
- 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
Financials of Ascentx Software Development Services Private Limited FY 2025 filings available
Ascentx Software Development Services Private Limited reported revenue of ₹22.58 Lakh (down 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ascentx Software Development Services Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 48% over five years, including a 2% fall in the latest year. EBITDA fell 8% 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 Ascentx Software Development Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹17.06 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.89 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
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| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Ascentx Software Development Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 75.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 34.9% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
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| 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 Ascentx Software Development Services 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 Ascentx Software Development Services Private Limited
Ascentx Software Development Services Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vraj Systems Private Limited | ₹22.7 Lakh (FY 2025) | •••• | •••• | -4.0% | •••• | Mumbai, Maharashtra, India |
| Hajari Informatics Private Limited | ₹22.64 Lakh (FY 2016) | •••• | •••• | •••• | Ahmedabad, Gujarat, India | |
| Mathema Enterprises Private Limited | ₹22.62 Lakh (FY 2024) | •••• | •••• | 36.0% | •••• | Noida, Uttar Pradesh, India |
| Snapivite International Private Limited | ₹22.62 Lakh (FY 2025) | •••• | •••• | -81.0% | •••• | Jaipur, Rajasthan, India |
| Quagnitia Systems Private Limited | ₹22.6 Lakh (FY 2024) | •••• | •••• | 60.0% | •••• | Vasai, Maharashtra, India |
| Ascentx Software Development Services Private Limited this company | ₹22.58 Lakh (FY 2025) | •••• | •••• | -2.0% | •••• | Chandigarh, India |
| Mystical Productions Private Limited | ₹22.56 Lakh (FY 2025) | •••• | •••• | 194.0% | •••• | Meerut, Uttar Pradesh, India |
| Techatalyst Infoserve Private Limited | ₹22.52 Lakh (FY 2025) | •••• | •••• | -24.0% | •••• | Mumbai, Maharashtra, India |
| Digirex Technologies Private Limited | ₹22.51 Lakh (FY 2025) | •••• | •••• | 111.0% | •••• | Bangalore, Karnataka, India |
| Midst Technologies Private Limited | ₹22.5 Lakh (FY 2025) | •••• | •••• | 317.0% | •••• | Ganga Ganj, Uttar Pradesh, India |
| Darts IT Networks Private Limited | ₹22.47 Lakh (FY 2025) | •••• | •••• | -42.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Ascentx Software Development Services by revenue in the Information Technology industry (IT Consulting and Services), 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 Ascentx Software Development Services Private Limited
Ascentx Software Development Services Private Limited is audited by RUPESH PARIKSHIT AND ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RUPESH PARIKSHIT AND ASSOCIATES | 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 Ascentx Software Development Services Private Limited
Ascentx Software Development Services has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaspreet Rai Also directs: Sanrai Med India Private Limited. | Director | 01 Jan 2009 | 17 Years 9 Months | Current |
| Himmat Singh Sandhu Also directs: MSB Digital Private Limited, Sanrai Med India Private Limited. | Director | 30 Jun 2022 | 4 Years 3 Months | Current |
| Rupa Bhullar Also directs: MSB Digital Private Limited | Director | 20 Feb 2006 | 20 Years 7 Months | Current |
Ownership and Shareholding of Ascentx Software Development Services 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 Ascentx Software Development Services Private Limited
Ascentx Software Development Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Ascentx Software Development Services Private Limited
Ascentx Software Development Services operates one associated brand: Ascentx. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive software and mobile app development services. | ascentx.com |
Employees and EPFO Compliance at Ascentx Software Development Services Private Limited
Ascentx Software Development Services Private Limited has a workforce of 46 employees as of Apr 04, 2024.
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.
CIN History of Ascentx Software Development Services Private Limited
Ascentx Software Development Services has one previous CIN (Corporate Identification Number): U72200DL2006PTC146547. The current CIN is U72200CH2006PTC031664, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200CH2006PTC031664 | Current |
| U72200DL2006PTC146547 | Previous |
Recent Activity on Ascentx Software Development Services Private Limited
Ascentx Software Development Services Private Limited has 7 board changes on record since 2006: 3 appointments and 4 cessations. The latest: Pall Singh Sandhu ceased to be Managing Director on 01 Apr 2023.
Credit Ratings, Litigation & Regulatory Alerts for Ascentx Software Development Services 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 Ascentx Software Development Services 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 Ascentx Software Development Services 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 Ascentx Software Development Services Private Limited
Ascentx Software Development Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 04AAFCA5780K1ZJ | Chandigarh | 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 Ascentx Software Development Services 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 Ascentx Software Development Services Private Limited
Ascentx Software Development Services is an active private limited company based in Chandigarh, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 20 February 2006 (20+ years old) and is registered under CIN U72200CH2006PTC031664.
Ascentx Software Development Services reported revenue of ₹22.58 Lakh for FY 2025 (down 2% YoY).
Ascentx Software Development Services has 3 current directors:
- Jaspreet Rai - Director
- Himmat Singh Sandhu - Director
- Rupa Bhullar - Director
Ascentx Software Development Services reported a net profit of ₹7.89 Lakh (net margin 34.9%) and EBITDA of ₹17.06 Lakh (EBITDA margin 75.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ascentx Software Development Services is -69% over three years and -48% over five years. In the latest year (FY 2025) revenue fell 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ascentx Software Development Services is 04AAFCA5780K1ZJ, registered in Chandigarh.
The CIN (Corporate Identification Number) of Ascentx Software Development Services is U72200CH2006PTC031664. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ascentx Software Development Services was incorporated on 20 February 2006, making it 20+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Ascentx Software Development Services by revenue are Vraj Systems Private Limited, Hajari Informatics Private Limited, Mathema Enterprises Private Limited, Snapivite International Private Limited, Quagnitia Systems Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
Pall Singh Sandhu ceased to be Managing Director on 01 Apr 2023. Sawtanter Sandhu ceased to be Director on 01 Apr 2023. Himmat Singh Sandhu ceased to be Additional Director on 30 Sep 2022. Ascentx Software Development Services has 7 board changes on record in total.
Ascentx Software Development Services can be reached through the website ascentx.com. Its registered office is in Chandigarh, India.