Ascon Auto Private Limited
About Ascon Auto Private Limited
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Ascon Auto Private Limited is a private limited company based in Veraval Shapar, Gujarat, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 03 March 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U34102GJ2012PTC069278. Its GSTIN is 24AAKCA4369B1ZW (Gujarat).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Vinodbhai Goradhanbhai Bhalodi and Sanjay Ramjibhai Pipaliya.
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 Plot No. 6 Survey No. 187 B/H. Charbhuja Food, Veraval Shapar, Gujarat, India – 360002.
As per the financials filed for FY 2025, the company reported a revenue of ₹40.63 Lakh, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹52,771 (net margin 1.3%) and EBITDA of ₹5.46 Lakh (EBITDA margin 13.5%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years.
As per MCA filings, the company has satisfied charges of ₹56.16 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressPlot No. 6 Survey No. 187 B/H. Charbhuja Food, Veraval Shapar, Gujarat, India – 360002
- IndustryAutomotive, Auto Parts & Components
- 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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Business Activity of Ascon Auto Private Limited
The main business activity of Ascon Auto is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ascon Auto Private Limited FY 2025 filings available
Ascon Auto Private Limited reported revenue of ₹40.63 Lakh (up 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ascon Auto Private Limited
Revenue rose 12% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 8%. EBITDA rose 62% 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 Ascon Auto Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹5.46 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹52,771 | •••• | •••• | •••• | •••• |
| 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 of Ascon Auto Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Ascon Auto 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 Ascon Auto Private Limited
Ascon Auto Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Auto, Auto Ancillary). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sundaram Auto Components Limited | ₹41 Lakh (FY 2024) | •••• | •••• | -100.0% | •••• | Chennai, Tamil Nadu, India |
| Mahipal Fastners Private Limited | ₹40.91 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | Nagpur, Maharashtra, India |
| Tirupati Innovar Limited Listed | ₹40.87 Lakh (FY 2024) | •••• | •••• | 41.0% | •••• | Jogeshwari West, Maharashtra, India |
| Shree Venkateswara Auto Industries Private Limited | ₹40.68 Lakh (FY 2025) | •••• | •••• | •••• | Ludhiana, Punjab, India | |
| Minda Automotive Limited | ₹40.64 Lakh (FY 2025) | •••• | •••• | -17.0% | •••• | Manesar, Haryana, India |
| Ascon Auto Private Limited this company | ₹40.63 Lakh (FY 2025) | •••• | •••• | 12.0% | •••• | Veraval Shapar, Gujarat, India |
| Yaman Engitech Private Limited | ₹40.59 Lakh (FY 2024) | •••• | •••• | -14.0% | •••• | Greater Noida, Uttar Pradesh, India |
| Tractor Spares Pvt Ltd | ₹40.57 Lakh (FY 2025) | •••• | •••• | 24.0% | •••• | West Bengal, India |
| Param Cars Private Limited | ₹40.53 Lakh (FY 2025) | •••• | •••• | 4.0% | •••• | Ahmedabad, Gujarat, India |
| Miks Automation Private Limited | ₹40.52 Lakh (FY 2023) | •••• | •••• | -32.0% | •••• | Kolkata, West Bengal, India |
| Rajgarhia Auto Finance Private Limited | ₹40.35 Lakh (FY 2025) | •••• | •••• | -25.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Ascon Auto by revenue in the Automobiles industry (Auto, Auto Ancillary), 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 Ascon Auto Private Limited
Ascon Auto Private Limited is audited by M B SARDHARA & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M B SARDHARA & 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 Ascon Auto Private Limited
Ascon Auto has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinodbhai Goradhanbhai Bhalodi | Director | 28 Mar 2012 | 14 Years 6 Months | Current |
| Sanjay Ramjibhai Pipaliya | Director | 03 Mar 2012 | 14 Years 7 Months | Current |
| Sunilkumar Bhimjibhai Vaishnani | Director | 03 Mar 2012 | 14 Years 7 Months | Current |
| Manishkumar Chhaganbhai Patel | Director | 28 Mar 2012 | 14 Years 6 Months | Current |
Ownership and Shareholding of Ascon Auto 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 Ascon Auto Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Oct 2012 | Indian Overseas Bank | ₹56.16 Lakh | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Ascon Auto Private Limited
Employment history and EPFO contributions of people linked to Ascon Auto.
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.
Recent Activity on Ascon Auto Private Limited
Ascon Auto Private Limited has 4 board changes on record since 2012: 4 appointments. The latest: Manishkumar Chhaganbhai Patel was appointed as Director on 28 Mar 2012.
Credit Ratings, Litigation & Regulatory Alerts for Ascon Auto 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 Ascon Auto 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 Ascon Auto 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 Ascon Auto Private Limited
Ascon Auto has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAKCA4369B1ZW | Gujarat | 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 Ascon Auto 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 Ascon Auto Private Limited
Ascon Auto is an active private limited company based in Veraval Shapar, Gujarat, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 03 March 2012 (14+ years old) and is registered under CIN U34102GJ2012PTC069278.
Ascon Auto reported revenue of ₹40.63 Lakh for FY 2025 (up 12% YoY).
Ascon Auto has 4 current directors:
- Vinodbhai Goradhanbhai Bhalodi - Director
- Sanjay Ramjibhai Pipaliya - Director
- Sunilkumar Bhimjibhai Vaishnani - Director
- Manishkumar Chhaganbhai Patel - Director
Ascon Auto reported a net profit of ₹52,771 (net margin 1.3%) and EBITDA of ₹5.46 Lakh (EBITDA margin 13.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ascon Auto is -8% over three years. In the latest year (FY 2025) revenue rose 12%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ascon Auto is 24AAKCA4369B1ZW, registered in Gujarat.
The CIN (Corporate Identification Number) of Ascon Auto is U34102GJ2012PTC069278. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ascon Auto was incorporated on 03 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Ascon Auto by revenue are Sundaram Auto Components Limited, Mahipal Fastners Private Limited, Tirupati Innovar Limited, Shree Venkateswara Auto Industries Private Limited, Minda Automotive Limited and 5 more, all in the Automobiles industry (Auto, Auto Ancillary).
Manishkumar Chhaganbhai Patel was appointed as Director on 28 Mar 2012. Vinodbhai Goradhanbhai Bhalodi was appointed as Director on 28 Mar 2012. Sanjay Ramjibhai Pipaliya was appointed as Director on 03 Mar 2012. Ascon Auto has 4 board changes on record in total.
The registered office of Ascon Auto is at Plot No. 6 Survey No. 187 BH. Charbhuja Food, Veraval Shapar, Gujarat, India – 360002.