About Ascendant Financial Strategies Private Limited
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Ascendant Financial Strategies Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 13 November 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70200MH2013PTC250061. Its GSTIN is 27AAMCA1652P1Z7 (Maharashtra). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹23.79 Cr and a paid-up capital of ₹12.64 Cr. It was formerly known as Amadeus Advisors Private Limited. It is led by directors Sanjay Chandrakant Ajgaonkar and Siddharth Deepak Parekh.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹95.15 Lakh, a decline of 29% compared to the previous year. For the same year it recorded a net profit of ₹16.29 Cr and EBITDA of -₹19.54 Lakh (EBITDA margin -20.5%). Revenue has declined at a compounded annual rate (CAGR) of 76% over three years and 54% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: SMEcorner. As per MCA filings, the company has satisfied charges of ₹370 Cr on record. Court records list 1,498 cases involving the company, including 1,493 filed by the company and 5 filed against it; 621 cases are pending. The company has 16 deals on record (8 funding rounds, 6 secondary share transfers, 1 rights issue), with disclosed funding of ₹235.31 Cr; the latest was in November 2023. Its 9 peer companies in the BFSI industry (Large NBFC, Mid Sized Non Deposit NBFC, NBFC Investment and Credit Companies), with the same principal business activity (other financial activities) are compared by revenue, 4 larger and 5 smaller; the largest is SRD Advisory Services Pvt Ltd with revenue of ₹95.31 Lakh. The company has 7 MSME Form 1 returns on record between 2020 and 2023, listing 15 overdue payments to 8 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website digikredit.com.
Company details
Name history
Ascendant Financial Strategies has undergone 2 name changes throughout its history. The company was previously known as Amadeus Advisors Private Limited, and Ascendant Financial Strategies Private Limited. The current legal name is Ascendant Financial Strategies Private Limited.
| Company Name | Status |
|---|---|
| Ascendant Financial Strategies Private Limited | Current |
| Amadeus Advisors Private Limited | Previous |
CIN history
Ascendant Financial Strategies has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U70200MH2013PTC250061, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70200MH2013PTC250061 | Current |
| U65100MH2013PTC250061 | Previous |
| U72300MH2013PTC250061 | Previous |
Contact details
Ascendant Financial Strategies Private Limited's registered office is in Mumbai, Maharashtra.
- Social Media
- Registered Address901 Grande Palladium 9th Floor, Cst Road Kalina Santakruz (East), Mumbai, Maharashtra, India – 400098
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
- 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
Ascendant Financial Strategies operates one associated brand: SMEcorner. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Business loans are facilitated for SMEs through an online marketplace. | smecorner.com |
Financials of Ascendant Financial Strategies Private Limited
FY 2025 filings availableAscendant Financial Strategies Private Limited reported revenue of ₹95.15 Lakh (down 29% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 54% over five years, including a 29% fall in the latest year. EBITDA rose 83% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹19.54 Lakh | ||||
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| Net Profit (PAT) | ₹16.29 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -20.5% | ||||
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To see the full financial statements and ratios of Ascendant Financial Strategies Private Limited, buy the company report.
Board of directors of Ascendant Financial Strategies Private Limited
Ascendant Financial Strategies has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Chandrakant Ajgaonkar | Director | 20 Aug 2025 | 1 Years 2 Months | Current |
| Siddharth Deepak Parekh | Nominee Director | 27 Jul 2020 | 6 Years 3 Months | Current |
Peer comparison
Ascendant Financial Strategies Private Limited is compared with the 9 companies closest to it by revenue in the BFSI industry (Large NBFC, Mid Sized Non Deposit NBFC, NBFC Investment and Credit Companies), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| SRD Advisory Services Pvt Ltd | ₹95.31 Lakh (FY 2025) | -61.0% | Kolkata, West Bengal, India | |||
| Rajvir Securities and Finance Pvt Ltd | ₹95.25 Lakh (FY 2025) | 563.0% | Indore, Madhya Pradesh, India | |||
| Tarang Vincom Pvt Ltd | ₹95.19 Lakh (FY 2025) | 1.0% | Kolkata, West Bengal, India | |||
| Apex Procon Pvt Ltd | ₹95.17 Lakh (FY 2025) | -33.0% | Kolkata, West Bengal, India | |||
| Ascendant Financial Strategies Private Limitedthis company | ₹95.15 Lakh (FY 2025) | ₹16.29 Cr | -29.0% | Mumbai, Maharashtra, India | ||
| Larkspun Investments Limited | ₹95.14 Lakh (FY 2022) | 47.0% | Delhi, India | |||
| Satyam Commodeal Pvt Ltd | ₹95.1 Lakh (FY 2025) | 41.0% | Kolkata, West Bengal, India | |||
| Kanu Holdings Pvt Ltd | ₹95.08 Lakh (FY 2025) | -36.0% | Kolkata, West Bengal, India | |||
| Abc Financial Services Pvt Ltd | ₹95.02 Lakh (FY 2025) | -86.0% | Kolkata, West Bengal, India | |||
| Bellona Stationery Pvt.Ltd. | ₹94.99 Lakh (FY 2025) | 96.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Ascendant Financial Strategies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2022 | 100595724 | Others | ₹10 Cr | Satisfied | |
| 24 Jun 2022 | 100596363 | Others | ₹10 Cr | Satisfied | |
| 28 Dec 2021 | 100520903 | Others | ₹5 Cr | Satisfied | |
| 28 Dec 2021 | 100520905 | Others | ₹5 Cr | Satisfied | |
| 17 Dec 2021 | 100526930 | Others | ₹25 Cr | Satisfied |
To see the full charge records of Ascendant Financial Strategies Private Limited, buy the company report.
Total charge records: 38 View all charges
Deals & funding
Ascendant Financial Strategies Private Limited has 16 deals on record (8 funding rounds, 6 secondary share transfers, 1 rights issue), with disclosed funding of ₹235.31 Cr; the latest was in November 2023.
Deals on record (5 of 16)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Samir Bhatia Trust |
| Aug 2022 | Secondary share transfer | Undisclosed | Buyer: Samir Bhatia Trust Seller: an individual |
| Dec 2021 | Funding round · Pre-Series D | ₹24.5 Cr | Investors: Paragon Partners, Quona Capital, 2 individuals |
| Dec 2020 | Debt financing | ₹24 Cr | Investors: Northern ARC Investments, Aviator Emerging Market Fund PE, Citrus Global Arbitrage Fund |
| Feb 2019 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Capital First Limited , an individual |
To see the full deal history of Ascendant Financial Strategies Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ascendant Financial Strategies Private Limited has 1,498 court cases on record: 1,493 filed by Ascendant Financial Strategies, 5 filed against it. 621 cases are pending and 877 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1,495 | 2 | 620 |
| High courts | 2 | 2 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 1,498)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Execution petition | Filed by the company against Mahalaxmi Sales Corporation Etc | Pending |
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed by the company against an individual | Pending |
| District court, Pune, Maharashtra | Execution petition | Filed by the company against an individual | Pending |
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed by the company against an individual | Pending |
| District court, Pune, Maharashtra | Execution petition | Filed by the company against an individual | Pending |
To see the full case history of Ascendant Financial Strategies 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.
Credit ratings & regulatory alerts
Ascendant Financial Strategies Private Limited was last rated by Brickwork on 08 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 08 Mar 2022 |
To see the full credit ratings and regulatory alerts of Ascendant Financial Strategies Private Limited, buy the company report.
MSME payment delays
Ascendant Financial Strategies Private Limited has 7 MSME Form 1 returns on record between 2020 and 2023, listing 15 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Kurakula's Finsol Private Limited | |||
| Searce Cosourcing Service Private Limited | |||
| an individual supplier | |||
| Shyamali Broadband and Fiber Cable Private Limited | |||
| Arihant Aircon Service |
To see the full MSME payment records of Ascendant Financial Strategies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Ascendant Financial Strategies has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMCA1652P1Z7 | Maharashtra | Active | 01 Jul 2017 |
| 07AAMCA1652P1Z9 | Delhi | Active | 04 Sep 2019 |
To see the full GST registrations and return filing status of Ascendant Financial Strategies Private Limited, buy the company report.
Recent activity
Ascendant Financial Strategies Private Limited has 10 board changes on record since 2019: 2 appointments and 8 cessations. The latest: Sanjay Chandrakant Ajgaonkar ceased to be Additional Director on 21 Sep 2025.
80 earlier events are in the company report.
News
Frequently asked questions
Ascendant Financial Strategies is an active private limited company based in Mumbai, Maharashtra, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 13 November 2013 (13+ years old) and is registered under CIN U70200MH2013PTC250061.
Ascendant Financial Strategies has 2 current directors:
- Sanjay Chandrakant Ajgaonkar - Director
- Siddharth Deepak Parekh - Nominee Director
The latest financial statements of Ascendant Financial Strategies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ascendant Financial Strategies is 27AAMCA1652P1Z7, registered in Maharashtra. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 07AAMCA1652P1Z9 (Delhi).
The CIN (Corporate Identification Number) of Ascendant Financial Strategies is U70200MH2013PTC250061. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ascendant Financial Strategies has 1,498 court cases on record: 1,493 filed by the company and 5 filed against it. 621 are pending. Most are in the district courts.
Ascendant Financial Strategies was incorporated on 13 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
Ascendant Financial Strategies has 16 deals on record (8 funding rounds, 6 secondary share transfers, 1 rights issue), with disclosed funding of ₹235.31 Cr; the latest was in November 2023.
The peers of Ascendant Financial Strategies by revenue are SRD Advisory Services Pvt Ltd, Rajvir Securities and Finance Pvt Ltd, Tarang Vincom Pvt Ltd, Apex Procon Pvt Ltd, Larkspun Investments Limited and 4 more, all in the BFSI industry (Large NBFC, Mid Sized Non Deposit NBFC, NBFC Investment and Credit Companies), with the same principal business activity (other financial activities).
Sanjay Chandrakant Ajgaonkar ceased to be Additional Director on 21 Sep 2025. Sanjay Chandrakant Ajgaonkar was appointed as Director on 20 Aug 2025. Neela Samir Bhatia ceased to be Director on 12 Oct 2022. Ascendant Financial Strategies has 10 board changes on record in total.
Ascendant Financial Strategies has 7 MSME Form 1 returns on record between 2020 and 2023, listing 15 overdue payments to 8 micro and small suppliers. The latest return was filed on 29 Aug 2023.
Ascendant Financial Strategies can be reached through the website digikredit.com. Its registered office is in Mumbai, Maharashtra, India.
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