Ascoin Fintech Private Limited

Ascoin Fintech Private Limited - financial services in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U67190KA2020PTC137736 Incorporated 26 August 2020 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company financial services MSME · Micro
Data last updated
Revenue · FY 2023
₹6,415
▲ 7% YoY
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
3
As per MCA filings
Brands
1
Associated brands
Last financials
Mar 2023
Balance sheet date
Last AGM
30 Sep 2023
Annual general meeting

About Ascoin Fintech Private Limited

Data last updated:

Ascoin Fintech Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the financial auxiliary services segment of the financial services sector. It was incorporated on 26 August 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U67190KA2020PTC137736.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Koragere Shekharaiah Gajendra (Managing Director) and Ramkumar Mantena.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at #Flat No213 First Floor Elina Apartments Devarachik Kanahalli Main Road, Bangalore, Karnataka, India – 560068.

The company is associated with 1 brand: Saevr.

Ascoin Fintech Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0020971).

Company details

CIN U67190KA2020PTC137736
Registration Number 137736
Incorporation Date 26 August 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0020971
Key People
Koragere Shekharaiah Gajendra Managing Director Ramkumar Mantena Director Sekar Venkatesh Director

Recognitions & Rankings of Ascoin Fintech

MSME (Udyam registered) Ministry of MSME
Category
Micro (2020-21)
Udyam number
UDYAM-KR-03-0020971

Contact details

Ascoin Fintech Private Limited's registered office is in Bangalore, Karnataka.

  • Registered Address
    #Flat No213 First Floor Elina Apartments Devarachik Kanahalli Main Road, Bangalore, Karnataka, India – 560068
  • Industry
    Financial Services, Auxiliary To Financial Intermediatory
Comprehensive company report
Ascoin Fintech 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
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Brands

Ascoin Fintech operates one associated brand: Saevr. Each brand links to its own profile.

BrandDescriptionWebsite
Saevr
Functions as an AI-based platform for individual expense management.saevr.com

Business activity

The main business activity of Ascoin Fintech is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK7Financial Advisory, brokerage and Consultancy Services

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

Financials of Ascoin Fintech Private Limited

FY 2023 filings available

Ascoin Fintech Private Limited reported revenue of ₹6,415 (up 7% YoY) for FY 2023.

Revenue · FY 2023
₹6,415 ▲ 7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 7%

Revenue rose 7% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2022-23FY 2021-22FY 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
Profit Before Tax
Tax Expense
Net Profit (PAT)
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 2020-21
Profitability
EBITDA Margin
Net Profit Margin
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 Ascoin Fintech Private Limited, buy the company report.

Board of directors of Ascoin Fintech Private Limited

Ascoin Fintech has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ramkumar MantenaDirector26 Aug 20206 Years 2 MonthsCurrent
Koragere Shekharaiah GajendraManaging Director12 May 20233 Years 5 MonthsCurrent
Sekar VenkateshDirector26 Aug 20206 Years 2 MonthsCurrent
View all directors

MSME payment delays

No delayed payments to MSME suppliers are on our record for Ascoin Fintech 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 Ascoin Fintech Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Ascoin Fintech Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Koragere Shekharaiah Gajendra was appointed as Managing Director on 12 May 2023.

AGM
Ascoin Fintech Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Appointed
Koragere Shekharaiah Gajendra was appointed as Managing Director.
Filing
Ascoin Fintech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Appointed
Ramkumar Mantena was appointed as Director.
Appointed
Sekar Venkatesh was appointed as Director.
Incorporation
26 Aug 2020
Ascoin Fintech Private Limited was registered on 26 Aug 2020 with Roc Bangalore & aged 6 years 2 months as per MCA records.

Frequently asked questions

Ascoin Fintech is an active private limited company based in Bangalore, Karnataka, India. The company works in auxiliary to financial intermediatory, within the financial services industry. It was incorporated on 26 August 2020 (6+ years old) and is registered under CIN U67190KA2020PTC137736.

Ascoin Fintech has 3 current directors:

The latest financial statements of Ascoin Fintech on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2021 are in the company report.

The CIN (Corporate Identification Number) of Ascoin Fintech is U67190KA2020PTC137736. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ascoin Fintech was incorporated on 26 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.

Koragere Shekharaiah Gajendra was appointed as Managing Director on 12 May 2023. Ramkumar Mantena was appointed as Director on 26 Aug 2020. Sekar Venkatesh was appointed as Director on 26 Aug 2020.

Yes, Ascoin Fintech is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0020971).

The registered office of Ascoin Fintech is at #Flat No213 First Floor Elina Apartments Devarachik Kanahalli Main Road, Bangalore, Karnataka, India – 560068.

Ascoin Fintech operates in the financial services industry, in the auxiliary to financial intermediatory segment.

Ascoin Fintech has 1 associated brand: Saevr.