Asset Reconstruction Company (India) Profile
Key Indicators
- Authorised Capital ₹ 500.00 Cr
- Paid Up Capital ₹ 324.90 Cr
- Company Age 23 Year, 19 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 670.00 Cr
- Satisfied Charges ₹ 150.00 Cr
- Revenue Growth 49.79%
- Profit Growth 66.65%
- Ebitda 62.87%
- Net Worth 10.14%
- Total Assets 7.69%
About Asset Reconstruction Company (India)
Asset Reconstruction Company (India) Limited (ARCIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 11 February 2002 and has a history of 23 years. Its registered office is in Mumbai, Maharashtra, 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 2024. It's a company limited by shares with an authorized capital of Rs 500.00 Cr and a paid-up capital of Rs 324.90 Cr.
The company currently has active open charges totaling ₹670.00 Cr. The company has closed loans amounting to ₹150.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Asset Reconstruction Company (India) Limited India are Pramod Gupta as CFO and Ameet Kela as Company Secretary. Narayanan Subramaniam, Raksha Kothari, Pallav Mohapatra, and Four other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65999MH2002PLC134884
- Company No.
134884
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
11 Feb 2002
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
Who are the key members and board of directors at Asset Reconstruction Company (India)?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pallav Mohapatra  | Managing Director | 08-Mar-2021 | Current |
| Pramod Gupta | CFO | 01-Apr-2014 | Current |
| Ameet Kela | Company Secretary | 09-Jul-2012 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Raksha Kothari | Director | 07-May-2024 | Current |
| Narayanan Subramaniam | Director | 27-May-2021 | Current |
| Balachander Rajaraman | Director | Current | |
| Sudarshan Sen | Director | Current | |
| Pavan Pal | Director | 28-Sep-2015 | Current |
Ashish Shukla  | Director | 06-Sep-2022 | Current |
Financial Performance of Asset Reconstruction Company (India).
Asset Reconstruction Company (India) Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 49.79% increase. The company also saw a substantial improvement in profitability, with a 66.65% increase in profit. The company's net worth Soared by an impressive increase of 10.14%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Asset Reconstruction Company (India)?
In 2023, Asset Reconstruction Company (India) had a promoter holding of 89.68% and a public holding of 10.31%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Pnb Housing Finance LimitedSudarshan Sen and Pavan Pal are mutual person
Charges (Loans)
Open Charges
₹670.00 Cr
Satisfied Charges
₹150.00 Cr
Charges Breakdown by Lending Institutions
- Others : 470.00 Cr
- Hdfc Bank Limited : 100.00 Cr
- Idbi Bank Limited : 100.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Mar 2024 | Others | ₹100.00 Cr | Open |
| 01 Oct 2020 | Hdfc Bank Limited | ₹100.00 Cr | Open |
| 19 Sep 2018 | Others | ₹50.00 Cr | Open |
| 19 Sep 2018 | Others | ₹20.00 Cr | Open |
| 04 Mar 2016 | Others | ₹200.00 Cr | Open |
How Many Employees Work at Asset Reconstruction Company (India)?
Asset Reconstruction Company (India) has a workforce of 231 employees as of Apr 08, 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 Asset Reconstruction Company (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 Asset Reconstruction Company (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.
Latest Updates, News, and FAQs on Asset Reconstruction Company (India)
Recent activity within the organization
- Annual General Meeting
Asset Reconstruction Company (India) Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
- Charges
A charge with Others of Rs. 100.00 Cr registered on 26 Sep 2014 with Charge ID 10525601 was modified on 11 Jul 2024.
- Director Appointment
Raksha Shashikant Kothari was appointed as a Director was appointed as a Director on 07 May 2024 & has been associated with this company since 9 months 25 days .
- Balance Sheet
Asset Reconstruction Company (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Others amounted to Rs. 100.00 Cr with Charge ID 100898870 was registered on 19 Mar 2024.
- Charges
A charge registered on 19 Sep 2018 via Charge ID 100226307 with Others was fully satisfied on 12 Feb 2024.
Recent News, Updates & Announcement
- Arcil FY23 net profit up 67% on higher recoveries.
Net profit in fiscal 2023 rose to ₹239 crore from ₹143 crore the year earlier. Loan acquisitions last fiscal year grew 87% to ₹4,300 crore, while recoveries increased 20% to ₹2,750 crore..
- ARCIL revives ailing Malwa Industries with working capital funding.
Malwa Industries is one the few integrated denim manufacturers in the country with all activities from spinning to garmenting under one roof in India's cotton belt Ludhiana..
Frequently asked questions
What is the Incorporation or founding date of Asset Reconstruction Company (India) Limited?
Asset Reconstruction Company (India) Limited was incorporated on 11 Feb 2002.
What is authorized share capital and paid-up capital of Asset Reconstruction Company (India) Limited?
The authorized share capital of Asset Reconstruction Company (India) Limited is ₹ 500.00 Cr and paid-up capital is ₹ 324.90 Cr.
Who are the current board members & directors of Asset Reconstruction Company (India) Limited?
Currently 9 directors are associated with Asset Reconstruction Company (India) Limited.
- Narayanan Subramaniam
- Raksha Shashikant Kothari
- Pallav Mohapatra
- Sudarshan Sen
- Pavan Kaushal Pal
- Balachander Rajaraman
- Ashish Shukla
- Pramod Kumar Gupta
- Ameet Ashok Kela
What is the registered address of Asset Reconstruction Company (India) Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Asset Reconstruction Company (India) Limited is The Ruby 10Th Floor 29 Senapati Bapat Marg, Dadar (West) India, Mumbai, Maharashtra, 400028.
What is the corporate identification number (CIN) and company number of Asset Reconstruction Company (India) Limited?
The corporate identification number (CIN) of Asset Reconstruction Company (India) Limited is U65999MH2002PLC134884 and the company number is 134884 as per Ministry of Corporate Affairs (MCA).
What is the official website of Asset Reconstruction Company (India) Limited?
The Official website of Asset Reconstruction Company (India) Limited is https://www.arcil.co.in
What has been the recent revenue trend for Asset Reconstruction Company (India) Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Asset Reconstruction Company (India) Limited has risen by 49.79%.
How many employees does Asset Reconstruction Company (India) Limited currently have?
As Per 2023 financial reports, 231 employees are currently employed by Asset Reconstruction Company (India) Limited.
What change has been observed in the net worth of Asset Reconstruction Company (India) Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Asset Reconstruction Company (India) Limited has experienced an upsurge of 10.14%.
What are the total open charges for Asset Reconstruction Company (India) Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Asset Reconstruction Company (India) Limited amount to ₹ 670.00 Cr.
When was the last Balance Sheet of Asset Reconstruction Company (India) Limited filed with the ROC?
The most recent Balance Sheet for Asset Reconstruction Company (India) Limited was filed with the ROC on 31 Mar 2024.
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