Asco Agencies Private Limited
About Asco Agencies Private Limited
Data last updated:
Asco Agencies Private Limited is a private limited company based in Uttar Pradesh, India. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 24 March 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U67120UP1999PTC024305. Its GSTIN is 09AAFCA9257K1Z5 (Uttar Pradesh).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Suryansh Kharbanda and Nisha Kharbanda.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 111 – A/108 Ashok Nagar Kanpur, Uttar Pradesh, India.
As per the financials filed for FY 2020, the company reported a revenue of ₹46.06 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹25.16 Lakh (net margin 0.5%) and EBITDA of ₹29.68 Lakh (EBITDA margin 0.6%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 11% over five years.
As per MCA filings, the company has open charges of ₹3.5 Lakh on record. Court records list 3 cases involving the company, including 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Asco Agencies Private Limited's registered office is in Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address111 – A/108 Ashok Nagar Kanpur, Uttar Pradesh, India
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of Asco Agencies Private Limited, buy the company report.
- 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
Business activity
The main business activity of Asco Agencies is accommodation and food service. In detail, this covers food and beverage services provided by hotels, restaurants, caterers, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. |
To see the full business activity and turnover split of Asco Agencies Private Limited, buy the company report.
Financials of Asco Agencies Private Limited
FY 2020 filings availableAsco Agencies Private Limited reported revenue of ₹46.06 Cr (up 16% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 16% growth in the latest year. EBITDA fell 26% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹46.06 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹29.68 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹25.16 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.6% | ||||
| Net Profit Margin | 0.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Asco Agencies Private Limited, buy the company report.
Board of directors of Asco Agencies Private Limited
Asco Agencies has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suryansh Kharbanda | Director | 22 Jan 2016 | 10 Years 9 Months | Current |
| Nisha Kharbanda | Director | 24 Mar 1999 | 27 Years 7 Months | Current |
Auditor
Asco Agencies Private Limited is audited by ANIL KESWANI & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANIL KESWANI & CO | FY 2020 | 004625C |
Shareholding
The shareholding of Asco Agencies Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Asco Agencies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2014 | 10532632 | Vijaya Bank | ₹3.5 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Asco Agencies Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Court case (OMP (I) (COMM.)) | Filed against the company by BMW India Financial Services Pvt Ltd | Disposed |
| District court, New Delhi, Delhi | Court case (OMP (I) (COMM.)) | Filed against the company by BMW India Financial Services Private Limited | Disposed |
| District court, Agra, Uttar Pradesh | Criminal miscellaneous application | Filed against the company by Up State | Disposed |
To see the full case history of Asco Agencies Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Asco Agencies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Asco Agencies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAFCA9257K1Z5 | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Asco Agencies Private Limited, buy the company report.
Recent activity
Asco Agencies Private Limited has 6 board changes on record since 1999: 2 appointments and 4 cessations. The latest: Darshan Kumar Kharbanda ceased to be Director on 20 Oct 2016.
Frequently asked questions
Asco Agencies is an active private limited company based in Uttar Pradesh, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 24 March 1999 (27+ years old) and is registered under CIN U67120UP1999PTC024305.
Asco Agencies has 2 current directors:
- Suryansh Kharbanda - Director
- Nisha Kharbanda - Director
The latest financial statements of Asco Agencies on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Asco Agencies is 09AAFCA9257K1Z5, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Asco Agencies is U67120UP1999PTC024305. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asco Agencies has 3 court cases on record: 3 filed against it.
Asco Agencies was incorporated on 24 March 1999, making it 27+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
Darshan Kumar Kharbanda ceased to be Director on 20 Oct 2016. Surendra Kharbanda ceased to be Director on 03 Jun 2016. Nikita Kharbanda ceased to be Director on 22 Jan 2016. Asco Agencies has 6 board changes on record in total.
The registered office of Asco Agencies is at 111 – A108 Ashok Nagar Kanpur, Uttar Pradesh, India.
Asco Agencies operates in the food and beverages industry, in the food and beverage retail and distribution segment.
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