Asset Reconstruction Company (India) Limited

Specializes in resolving non-performing loans for financial institutions.

2002 | Mumbai, Maharashtra (India) | Active
Last Updated: January 23, 2025

Asset Reconstruction Company (India) Profile

Key Indicators

  • Authorised Capital ₹ 500.00 Cr
  • Paid Up Capital ₹ 324.90 Cr
  • Company Age 22 Year, 11 Months
  • 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 22 years and 11 months. 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)

NameDesignationAppointment DateStatus
Pallav Mohapatra Country flag representing In Managing Director08-Mar-2021Current
Pramod Gupta Country flag representing In CFO01-Apr-2014Current
Ameet Kela Company Secretary09-Jul-2012Current

Board Members (6)

NameDesignationAppointment DateStatus
Raksha Kothari Country flag representing In Director 07-May-2024Current
Narayanan Subramaniam Country flag representing In Director 27-May-2021Current
Balachander Rajaraman Country flag representing In Director Current
Sudarshan Sen Country flag representing In Director Current
Pavan Pal Country flag representing In Director 28-Sep-2015Current
Ashish Shukla Country flag representing Sg Director 06-Sep-2022Current

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%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
49.79%
Revenue from Operations
50.20%
Total Assets
7.69%
Profit or Loss
66.65%
Net Worth
10.14%
EBITDA
62.87%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
19 Mar 2024Others₹100.00 CrOpen
01 Oct 2020Hdfc Bank Limited₹100.00 CrOpen
19 Sep 2018Others₹50.00 CrOpen
19 Sep 2018Others₹20.00 CrOpen
04 Mar 2016Others₹200.00 CrOpen

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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.

    27 Sep 2024

  • 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.

    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 8 months 25 days .

    07 May 2024

  • Balance Sheet

    Asset Reconstruction Company (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 100.00 Cr with Charge ID 100898870 was registered on 19 Mar 2024.

    19 Mar 2024

  • Charges

    A charge registered on 19 Sep 2018 via Charge ID 100226307 with Others was fully satisfied on 12 Feb 2024.

    12 Feb 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Asset Reconstruction Company (India) Limited was incorporated on 11 Feb 2002.

  • The authorized share capital of Asset Reconstruction Company (India) Limited is ₹ 500.00 Cr and paid-up capital is ₹ 324.90 Cr.

  • 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
  • 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.

  • 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).

  • The Official website of Asset Reconstruction Company (India) Limited is https://www.arcil.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Asset Reconstruction Company (India) Limited has risen by 49.79%.

  • As Per 2023 financial reports, 231 employees are currently employed by Asset Reconstruction Company (India) Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Asset Reconstruction Company (India) Limited amount to ₹ 670.00 Cr.

  • The most recent Balance Sheet for Asset Reconstruction Company (India) Limited was filed with the ROC on 31 Mar 2024.

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