Ascendis Ventures Private Limited
About Ascendis Ventures Private Limited
Data last updated:
Ascendis Ventures Private Limited is a foreign private limited company based in Bangalore, Karnataka, India. It operates in the veterinary hospitals and animal care segment of the healthcare sector. It was incorporated on 16 May 2023.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U10803KA2023FTC173739. Its GSTIN is 29AAYCA7231Q1ZM (Karnataka).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.78 Cr. It is led by directors Alka Varma and Gangesh Kumar Varma.
Its last annual general meeting (AGM) was held on 31 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ms Ramaiah North City Manayata Tech Park, Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.51 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.43 Cr (net margin -94.4%) and EBITDA of -₹1.71 Cr (EBITDA margin -113.4%).
Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
Company details
Contact details
Ascendis Ventures Private Limited's registered office is in Bangalore, Karnataka.
- Registered AddressBizzhub Elanz 6th Floor 144 Msr North Tower Outer Ring Road, Ms Ramaiah North City Manayata Tech Park Nagavara, Bangalore, Karnataka, India – 560045
- IndustryHealthcare, Veterinary Hospitals & Animal Care
- 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
Business activity
The main business activity of Ascendis Ventures is professional, scientific and technical activities. In detail, this covers veterinary activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 75 | Veterinary activities |
To see the full business activity and turnover split of Ascendis Ventures Private Limited, buy the company report.
Financials of Ascendis Ventures Private Limited
FY 2024 filings availableAscendis Ventures Private Limited reported revenue of ₹1.51 Cr (up 822% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 822% in the latest year. EBITDA rose 45% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| 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 | -₹1.71 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹1.43 Cr | |
| 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
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -113.4% | |
| Net Profit Margin | -94.4% | |
| 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 Ascendis Ventures Private Limited, buy the company report.
Board of directors of Ascendis Ventures Private Limited
Ascendis Ventures has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alka Varma Also directs: Varma Ocean Product Private Limited | Director | 16 May 2023 | 3 Years 5 Months | Current |
| Gangesh Kumar Varma Also directs: Bluerock Aquaponics Private Limited, Ananta Solutions Private Limited, Quest Bio Organics Private Limited and 1 more | Director | 16 May 2023 | 3 Years 5 Months | Current |
Legal cases
Ascendis Ventures Private Limited has 2 court cases on record: 1 filed by Ascendis Ventures, 1 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Arbitration matter | Filed by the company against Mars Viniyog Private Limited | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by M/S Mars Viniyog Pvt Ltd | Disposed |
To see the full case history of Ascendis Ventures 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 Ascendis Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ascendis Ventures has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAYCA7231Q1ZM | Karnataka | Active | 03 Jul 2023 |
To see the full GST registrations and return filing status of Ascendis Ventures Private Limited, buy the company report.
Recent activity
Ascendis Ventures Private Limited has 2 board changes on record since 2023: 2 appointments. The latest: Alka Varma was appointed as Director on 16 May 2023.
Frequently asked questions
Ascendis Ventures is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in veterinary hospitals and animal care, within the healthcare industry. It was incorporated on 16 May 2023 (3+ years old) and is registered under CIN U10803KA2023FTC173739.
Ascendis Ventures has 2 current directors:
- Alka Varma - Director
- Gangesh Kumar Varma - Director
The latest financial statements of Ascendis Ventures on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 December 2024. Year-wise statements from FY 2024 are in the company report.
The GSTIN of Ascendis Ventures is 29AAYCA7231Q1ZM, registered in Karnataka.
The CIN (Corporate Identification Number) of Ascendis Ventures is U10803KA2023FTC173739. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ascendis Ventures has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Ascendis Ventures was incorporated on 16 May 2023, making it 3+ years old. It is registered with the Registrar of Companies, Bangalore.
Alka Varma was appointed as Director on 16 May 2023. Gangesh Kumar Varma was appointed as Director on 16 May 2023.
The registered office of Ascendis Ventures is at Bizzhub Elanz 6th Floor 144 Msr North Tower Outer Ring Road, Ms Ramaiah North City Manayata Tech Park Nagavara, Bangalore, Karnataka, India – 560045.
Ascendis Ventures operates in the healthcare industry, in the veterinary hospitals and animal care segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
