Asrec (India) Profile
Key Indicators
- Authorised Capital ₹ 125.00 Cr
as on 05-07-2024
- Paid Up Capital ₹ 98.00 Cr
as on 05-07-2024
- Company Age 21 Year, 24 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 54.65 Cr
as on 05-07-2024
- Satisfied Charges ₹ 50.00 Cr
as on 05-07-2024
- Revenue -28.15%
(FY 2023)
- Profit -11.76%
(FY 2023)
- Ebitda -13.58%
(FY 2023)
- Net Worth 9.85%
(FY 2023)
- Total Assets 5.26%
(FY 2023)
About Asrec (India)
The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 125.00 Cr and a paid-up capital of Rs 98.00 Cr.
The company currently has active open charges totaling ₹54.65 Cr. The company has closed loans amounting to ₹50.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Asrec (India) Limited India are Pallavi Parikh as COMPANY SECRETARY and Angad Roy as Cfo. Varagoor Maya, Girish Sinha, Vijayendra Badida, and Three other members serve as directors at the Company.
- CIN/LLPIN
U67100MH2003GOI143291
- Company No.
143291
- Company Classification
Public Limited Union Government Company
- Incorporation Date
25 Nov 2003
- Date of AGM
26 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Andheri Kurla Road, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Asrec (India) Limited offer?
Asrec (India) Limited offers a wide range of products and services, including BPO Services, Outsourcing Service, Business Auditing & Valuation, Valuation Services, Investment Service, Investor Relations Services.
Who are the key members and board of directors at Asrec (India)?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Pallavi Parikh | Company Secretary | 24-Dec-2018 | Current |
Girish Sinha  | Managing Director | 01-Oct-2019 | Current |
| Angad Roy | CFO | 01-Apr-2018 | Current |
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Banavar Prabhakar | Director | 02-Apr-2009 | Current |
| Varagoor Maya | Additional Director | 28-Feb-2024 | Current |
| Vijayendra Badida | Additional Director | Current | |
| Kodumudi Krishnan | Director | 25-Apr-2023 | Current |
| Athiyur Vijayakumar | Additional Director | 29-Apr-2024 | Current |
Financial Performance and Corporate Structure Insights of Asrec (India).
Asrec (India) Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 28.15% decrease. The company also saw a substantial fall in profitability, with a 11.76% decrease in profit. The company's net worth moved up by a moderate rise of 9.85%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Asrec (India)?
In 2023, Asrec (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Infomerics Valuation And Rating Private LimitedActive 38 years 5 monthsBanavar Prabhakar is a mutual person
Indian Institute For Human SettlementsActive 15 years 11 monthsKodumudi Krishnan is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 04 Dec 2020 | ₹8.00 Cr | Open |
Others Creation Date: 29 Sep 2020 | ₹1.00 M | Open |
Others Creation Date: 11 Aug 2020 | ₹10.00 Cr | Open |
How Many Employees Work at Asrec (India)?
Asrec (India) has a workforce of 45 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Asrec (India), 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 Asrec (India)'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.
