Ascon Automation Systems Private Limited - Company Profile

It is a information technology private limited company based in Bangalore, Karnataka, India, established in 1998.

1998 Bangalore, Karnataka, India Active

Last Updated: December 23, 2025

About Ascon Automation Systems Private Limited

Ascon Automation Systems Private Limited, a active private limited company, was established on 28 August 1998 in Bangalore, Karnataka, India. Engaging in electronic components & equipment manufacturing within the professional, scientific and technical sector, it holds CIN: U31903KA1998PTC024141. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.02 Cr and a paid-up capital of ₹1.02 Cr.

It upholds a compliant status. Its leadership includes Abhayakumar Ajay (Director), Sandeep Devaprabhakara (Director). Past directors included Sandeep Devaprabhakara, Brahma Rao Eshwariah, Swaminathan Balasubramaniam. It holds ₹5.25 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2023, with the balance sheet filed on 31 March 2023. It is based at No.128 , 10Th Cross, Indiranagar 1St Stage, Bangalore, Karnataka, 560038.

Company Details

CIN/LLPIN
U31903KA1998PTC024141
Registration Number
024141
Incorporation Date
28 August 1998
Authorized Capital
₹1.02 Cr
Paid-Up Capital
₹1.02 Cr
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 1.02 Cr as on 23-12-2025
Paid Up Capital ₹ 1.02 Cr as on 23-12-2025
Company Age 27 Year, 5 Months
Last Filing with ROC 31 Mar 2023
Open Charges ₹ 5.25 Cr as on 23-12-2025
Revenue Growth **** -32.03% (FY 2022)
Profit Growth **** 79.94% (FY 2022)
Ebitda **** 88.67% (FY 2022)
Net Worth -0.90% (FY 2022)
Total Assets **** 2.41% (FY 2022)

Comprehensive Company Insights

Explore comprehensive insights into Ascon Automation Systems Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Ascon Automation Systems Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Abhayakumar Ajay	Director	28 Aug 1998	Current
Sandeep Devaprabhakara	Director	26 Sep 2019	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	30 Sep 2019	Past
Pramod Abcsdd	Director	30 Jun 2008	Past
Pramod Abcsdd	Director	19 Jul 2019	Past

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Financial Performance of Ascon Automation Systems.

Ascon Automation Systems Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 32.03% decrease. The company also saw a substantial improvement in profitability, with a 79.94% increase in profit. The company's net worth dipped by a decrease of 0.9%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-32.03%

*******

Revenue from Operations

*******

-32.06%

*******

Total Assets

*******

2.41%

*******

Profit or Loss

*******

79.94%

*******

Net Worth

*******

-0.90%

*******

EBITDA

*******

88.67%

*******

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What is the Ownership and Shareholding Structure of Ascon Automation Systems?

In 2022, Ascon Automation Systems had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹52,500,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

The Vysya Bank Ltd. : 5.00 Cr
Global Trust Bank Limited : 0.25 Cr

Latest Charge Details

Date	Lender	Amount	Status
28 Nov 2001	The Vysya Bank Ltd.	₹2.50 Cr	Open
28 Nov 2001	The Vysya Bank Ltd.	₹2.50 Cr	Open
22 Dec 1998	Global Trust Bank Limited	₹2.50 M	Open

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How Many Employees Work at Ascon Automation Systems?

Unlock and access historical data on people associated with Ascon Automation Systems, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Ascon Automation Systems, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Ascon Automation Systems's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Ascon Automation Systems

Recent Activity within the Organization

Annual General Meeting

Ascon Automation Systems Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records. was recorded as a recent event.
30 Sep 2023
Balance Sheet

Ascon Automation Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore. was recorded as a recent event.
31 Mar 2023
Director Appointment

Progress on Sandeep Devaprabhakara was appointed as a Director was appointed as a Director on 26 Sep 2019 & has been associated with this company since 6 years 4 months . was documented.
26 Sep 2019
Charges

Progress on A charge with The Vysya Bank Ltd. amounted to Rs. 2.50 Cr with Charge ID 90200659 was registered on 28 Nov 2001. was documented.
28 Nov 2001
Charges

Progress on A charge with The Vysya Bank Ltd. amounted to Rs. 2.50 Cr with Charge ID 90198039 was registered on 28 Nov 2001. was documented.
28 Nov 2001
Charges

The activity A charge with Global Trust Bank Limited of Rs. 0.25 Cr registered on 22 Dec 1998 with Charge ID 90197475 was modified on 30 Apr 2001. was completed.
30 Apr 2001

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Frequently Asked Questions

What is the CIN of Ascon Automation Systems Private Limited?

The CIN of Ascon Automation Systems Private Limited is U31903KA1998PTC024141.

Where is Ascon Automation Systems Private Limited headquartered?

Ascon Automation Systems Private Limited is headquartered at No.128 , 10Th Cross, Indiranagar 1St Stage, Bangalore, Karnataka, 560038.

When was Ascon Automation Systems Private Limited incorporated?

Ascon Automation Systems Private Limited was incorporated on 28 August 1998.

Who are the current directors of Ascon Automation Systems Private Limited?

The current directors of Ascon Automation Systems Private Limited are

What is the primary industry of Ascon Automation Systems Private Limited?

The primary industry of Ascon Automation Systems Private Limited is Professional, Scientific And Technical.

Is Ascon Automation Systems Private Limited a listed company?

Ascon Automation Systems Private Limited is unlisted.

What is the capital structure of Ascon Automation Systems Private Limited?

The authorized capital of Ascon Automation Systems Private Limited is ₹1.02 Cr, and the paid-up capital is ₹1.02 Cr.

What is the compliance status of Ascon Automation Systems Private Limited?

The compliance status of Ascon Automation Systems Private Limited is Compliant.

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