About Ascon Travel Private Limited
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Ascon Travel Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Eta Mauritius Limited. It operates in the travel and tour services segment of the transport and logistics sector. It was incorporated on 28 August 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U93090TN1995PTC032727. The company has 6 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.85 Cr. It is led by directors Hameed Abdul Cader Najeeba Zabeer and Mahamed Zabeer.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.154/155 M.K.M Chambers Kodambakkam, Chennai, Tamil Nadu, India – 600034.
As per the financials filed for FY 2022, the company reported a revenue of ₹75,426, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹25,218 (net margin -33.4%) and EBITDA of -₹25,218 (EBITDA margin -33.4%). Revenue has declined at a compounded annual rate (CAGR) of 86% over three years and 72% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Ascon Travel. As per MCA filings, the company has satisfied charges of ₹2.53 Cr on record. Court records list 13 cases involving the company, including 1 filed by the company and 12 filed against it; 4 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website ascontravel.com.
Company details
Contact details
Ascon Travel Private Limited's registered office is in Chennai, Tamil Nadu. Its website is ascontravel.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.154/155 M.K.M Chambers Kodambakkam, Chennai, Tamil Nadu, India – 600034
- IndustryTransport and Logistics, Travel & Tour Services
To see the full contact details of Ascon Travel 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
Brands
Ascon Travel operates one associated brand: Ascon Travel. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Travel services encompassing bookings, assistance, and holiday packages in India and internationally. | ascontravel.com |
Financials of Ascon Travel Private Limited
FY 2024 filings availableAscon Travel Private Limited reported revenue of ₹75,426 (down 98% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 72% over five years, including a 98% fall 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹75,426 | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹25,218 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹25,218 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -33.4% | ||||
| Net Profit Margin | -33.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Ascon Travel Private Limited, buy the company report.
Board of directors of Ascon Travel Private Limited
Ascon Travel 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 |
|---|---|---|---|---|
| Hameed Abdul Cader Najeeba Zabeer Also directs: Vay2g0 Travel Private Limited | Director | 01 Feb 2016 | 10 Years 9 Months | Current |
| Mahamed Zabeer Also directs: Geokadal Saar LLP, Vay2g0 Travel Private Limited | Director | 27 Sep 1996 | 30 Years 1 Months | Current |
Auditor
Ascon Travel Private Limited is audited by N C Sridhar & Co for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N C Sridhar & Co | FY 2022 | 021698 |
Shareholding
The shareholding of Ascon Travel Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ascon Travel Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 May 2010 | 10223459 | Hdfc Bank Limited | ₹1.25 Cr | Satisfied | |
| 24 May 2010 | 10227728 | Hdfc Bank Limited | ₹1.25 Cr | Satisfied | |
| 28 Jul 2005 | 90289490 | Sundaram Finance Ltd. | ₹3.11 Lakh | Satisfied |
To see the full charge records of Ascon Travel Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Ascon Travel Private Limited has 13 court cases on record: 1 filed by Ascon Travel, 12 filed against it. 4 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 12 | 4 |
| District courts | 1 | 0 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Original application | Filed against the company by Pueblo Holdings Limited | Pending |
| High Court, TAMIL NADU | Original application | Filed against the company by `Pueblo Holdings Limited | Pending |
| High Court, TAMIL NADU | Original application | Filed against the company by Pueblo Holdings Limited M/S.K.Mukund Rao | Pending |
| High Court, TAMIL NADU | Appeal | Filed against the company by Pueblo Holdings Limited | Pending |
| High Court, TAMIL NADU | Appeal | Filed against the company by Ag Melco Elevator Co LLC | Disposed |
To see the full case history of Ascon Travel 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 Ascon Travel Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ascon Travel Private Limited has a workforce of 1 employees on its EPFO records as of Mar 2019, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2018-19 | 1 |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Ascon Travel Private Limited, buy the company report.
GST
Ascon Travel has 6 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Ascon Travel Private Limited, buy the company report.
Recent activity
Ascon Travel Private Limited has 5 board changes on record since 1996: 2 appointments and 3 cessations. The latest: Khalid Abdul Khader Buhari ceased to be Director on 01 Jan 2017.
2 earlier events are in the company report.
Frequently asked questions
Ascon Travel is an active private limited company based in Chennai, Tamil Nadu, India. The company works in travel and tour services, within the transport and logistics industry. It was incorporated on 28 August 1995 (31+ years old) and is registered under CIN U93090TN1995PTC032727.
Ascon Travel has 2 current directors:
- Hameed Abdul Cader Najeeba Zabeer - Director
- Mahamed Zabeer - Director
The latest financial statements of Ascon Travel on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
No. Ascon Travel has 6 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Ascon Travel is U93090TN1995PTC032727. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ascon Travel has 13 court cases on record: 1 filed by the company and 12 filed against it. 4 are pending. Most are in the high courts.
Ascon Travel was incorporated on 28 August 1995, making it 31+ years old. It is registered with the Registrar of Companies, Chennai.
Khalid Abdul Khader Buhari ceased to be Director on 01 Jan 2017. Mohamed Mahboob ceased to be Director on 01 Jan 2017. Ramesh Kumar Balasundaram ceased to be Director on 01 Jan 2017. Ascon Travel has 5 board changes on record in total.
Ascon Travel can be reached through the website ascontravel.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Ascon Travel is at No.154155 M.K.M Chambers Kodambakkam, Chennai, Tamil Nadu, India – 600034.
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