Source Ascension Summit Private Limited

Source Ascension Summit Private Limited - information technology in Delhi, India. FY 2026 financials & compliance.
CIN U85499DL2020PTC369150 Incorporated 03 September 2020 ROC Delhi HQ Delhi, India
Active Private Limited Company information technology MSME · Micro
Data last updated
Revenue · FY 2025
₹5.39 Lakh
▲ 32% YoY
Net profit · FY 2025
₹3,164
Net margin 0.6%
EBITDA · FY 2025
₹27,068
EBITDA margin 5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Source Ascension Summit Private Limited

Data last updated:

Source Ascension Summit Private Limited is a private limited company based in Delhi, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 03 September 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U85499DL2020PTC369150. Its GSTIN is 06AANCM7574R1ZD (Haryana).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Mad Buddhas Network Private Limited. It is led by directors Aakash Suri and Deshmukh Pallavi Balasaheb.

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 32 Ram Nagar Extn Delhi 110051, Delhi, India – 110051.

As per the financials filed for FY 2025, the company reported a revenue of ₹5.39 Lakh, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹3,164 (net margin 0.6%) and EBITDA of ₹27,068 (EBITDA margin 5%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years.

Source Ascension Summit Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-02-0033261).

Company details

CIN U85499DL2020PTC369150
Registration Number 369150
Incorporation Date 03 September 2020
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-DL-02-0033261

CIN history

Source Ascension Summit has one previous CIN (Corporate Identification Number): U74999DL2020PTC369150. The current CIN is U85499DL2020PTC369150, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U85499DL2020PTC369150Current
U74999DL2020PTC369150Previous

Recognitions & Rankings of Source Ascension Summit

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-DL-02-0033261

Contact details

Source Ascension Summit Private Limited's registered office is in Delhi, Delhi.

  • Registered Address
    32 Ram Nagar Extn Delhi 110051, Delhi, India – 110051
  • Industry
    Information Technology, IT Consulting & Support Services
Comprehensive company report
Source Ascension Summit Private Limited - one report that includes everything
  • 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

The main business activity of Source Ascension Summit is education. In detail, this covers sports, recreation, cultural and other education.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
PEducationP3Sports, recreation, cultural and other education

To see the full business activity and turnover split of Source Ascension Summit Private Limited, buy the company report.

Financials of Source Ascension Summit Private Limited

FY 2025 filings available

Source Ascension Summit Private Limited reported revenue of ₹5.39 Lakh (up 32% YoY) for FY 2025.

Revenue · FY 2025
₹5.39 Lakh ▲ 32%
Net profit · FY 2025
₹3,164 margin 0.6%
EBITDA · FY 2025
₹27,068 margin 5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 32%
3 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▲ 540%
3 years · compounded
▲ 35%

Revenue rose 32% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 540% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹27,068
Profit Before Tax
Tax Expense
Net Profit (PAT)₹3,164
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin5%
Net Profit Margin0.6%
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 Source Ascension Summit Private Limited, buy the company report.

Board of directors of Source Ascension Summit Private Limited

Source Ascension Summit has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Aakash SuriDirector03 Sep 20206 Years 1 MonthsCurrent
Deshmukh Pallavi BalasahebDirector03 Sep 20206 Years 1 MonthsCurrent

Peer comparison

Source Ascension Summit Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (sports, recreation, cultural and other education), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Tripathi Advik Foundation₹5.47 Lakh (FY 2025)-6.0%Bengaluru, Karnataka, India
Viswam Education India Private Limited₹5.44 Lakh (FY 2015)Karumandapam, Tamil Nadu, India
Animod Nidhi Limited₹5.44 Lakh (FY 2024)Saharanpur, Uttar Pradesh, India
Inspiron Education Foundation₹5.43 Lakh (FY 2025)409.0%Bhiwandi, Maharashtra, India
Synergy Social Welfare and Economic Management Forum₹5.43 Lakh (FY 2023)16.0%Guwahati, Assam, India
Source Ascension Summit Private Limitedthis company₹5.39 Lakh (FY 2025)₹3,1640.6%32.0%Delhi, India
Divea Training and Implementation Solutions Private Limited₹5.39 Lakh (FY 2018)72.0%Daltonganj, Jharkhand, India
Fsi Training Services Private Limited₹5.37 Lakh (FY 2024)-1.0%Chennai, Tamil Nadu, India
Ayurveda Vigyan Forum₹5.37 Lakh (FY 2025)Delhi, India
Kota Classes and Careers Private Limited₹5.34 Lakh (FY 2019)-55.0%Kota, Rajasthan, India
Amtech Computer Academy Private Limited (OPC)₹5.34 Lakh (FY 2019)15.0%Gopalganj, Bihar, India

To see the full peer comparison of Source Ascension Summit Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Source Ascension Summit Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Source Ascension Summit has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
06AANCM7574R1ZDHaryanaActive08 Dec 2023

To see the full GST registrations and return filing status of Source Ascension Summit Private Limited, buy the company report.

Recent activity

Source Ascension Summit Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Aakash Suri was appointed as Director on 03 Sep 2020.

AGM
Source Ascension Summit Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Source Ascension Summit Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi I.
Appointed
Aakash Suri was appointed as Director.
Appointed
Deshmukh Pallavi Balasaheb was appointed as Director.
Incorporation
03 Sep 2020
Source Ascension Summit Private Limited was registered on 03 Sep 2020 with Roc Delhi I & aged 6 years 1 month as per MCA records.

Frequently asked questions

Source Ascension Summit is an active private limited company based in Delhi, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 03 September 2020 (6+ years old) and is registered under CIN U85499DL2020PTC369150.

Source Ascension Summit has 2 current directors:

The latest financial statements of Source Ascension Summit on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.

The GSTIN of Source Ascension Summit is 06AANCM7574R1ZD, registered in Haryana.

The CIN (Corporate Identification Number) of Source Ascension Summit is U85499DL2020PTC369150. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Source Ascension Summit was incorporated on 03 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Delhi.

The peers of Source Ascension Summit by revenue are Tripathi Advik Foundation, Viswam Education India Private Limited, Animod Nidhi Limited, Inspiron Education Foundation, Synergy Social Welfare and Economic Management Forum and 5 more, all in the same principal business activity (sports, recreation, cultural and other education).

Aakash Suri was appointed as Director on 03 Sep 2020. Deshmukh Pallavi Balasaheb was appointed as Director on 03 Sep 2020.

Yes, Source Ascension Summit is registered as a micro enterprise under Udyam registration (number: UDYAM-DL-02-0033261).

The registered office of Source Ascension Summit is at 32 Ram Nagar Extn Delhi 110051, Delhi, India – 110051.

Source Ascension Summit operates in the information technology industry, in the IT consulting and support services segment.