Assets Care & Reconstruction Enterprise Profile
Key Indicators
- Authorised Capital ₹ 750.00 Cr
- Paid Up Capital ₹ 75.06 Cr
- Company Age 22 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1,275.52 Cr
- Satisfied Charges ₹ 151.46 Cr
- Revenue Growth 17.90%
- Profit Growth 8.43%
- Ebitda 5.39%
- Net Worth 18.33%
- Total Assets 7.75%
About Assets Care & Reconstruction Enterprise
Assets Care & Reconstruction Enterprise Limited (ACREL) is a leading Public Limited Indian Non-Government Company incorporated in India on 11 June 2002 and has a history of 22 years and eight months. Its registered office is in Delhi, India.
The Corporate was formerly known as Assets Care Enterprise Limited. 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 750.00 Cr and a paid-up capital of Rs 75.06 Cr.
The company currently has active open charges totaling ₹1,275.52 Cr. The company has closed loans amounting to ₹151.46 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Assets Care & Reconstruction Enterprise Limited India are Alok Gupta as Cfo, Mohd Malik as Company Secretary, and Chandan Churiwal as Ceo. Anil Singhvi, Chandan Churiwal, Sunil Chaturvedi, and Three other members serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U65993DL2002PLC115769
- Company No.
115769
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
11 Jun 2002
- Date of AGM
27 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
What products or services does Assets Care & Reconstruction Enterprise Limited offer?
Assets Care & Reconstruction Enterprise Limited offers a wide range of products and services, including Laptops, Lava Laptops, Corporate Finance & Leasing Advisors, Financial Service.
Who are the key members and board of directors at Assets Care & Reconstruction Enterprise?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Mohd Malik | Company Secretary | 04-May-2010 | Current |
| Alok Gupta | CFO | 18-Nov-2022 | Current |
| Chandan Churiwal | CEO | 22-Aug-2024 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sunil Chaturvedi  | Director | 04-Sep-2020 | Current |
| Manish Jain | Nominee Director | 20-Aug-2020 | Current |
| Anil Singhvi | Director | 17-Jan-2017 | Current |
| Amrendra Choudhary | Director | 04-Sep-2020 | Current |
| Chandan Churiwal | Whole-Time Director | 22-Aug-2024 | Current |
| Anjali Seth | Director | 14-Jul-2024 | Current |
Financial Performance of Assets Care & Reconstruction Enterprise.
Assets Care & Reconstruction Enterprise Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.9% increase. The company also saw a slight improvement in profitability, with a 8.43% increase in profit. The company's net worth Soared by an impressive increase of 18.33%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Assets Care & Reconstruction Enterprise?
In 2023, Assets Care & Reconstruction Enterprise had a public 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)
Vesuvius India LtdSunil Chaturvedi is a mutual person
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Ssg Advisors (India) Private LimitedManish Jain is a mutual person
Idfc LimitedAnil Singhvi is a mutual person
Til LimitedSunil Chaturvedi is a mutual person
Centrum Housing Finance LimitedAnjali Seth is a mutual person
Nirlon LimitedAnjali Seth is a mutual person
Charges (Loans)
₹1,275.52 Cr
₹151.46 Cr
Charges Breakdown by Lending Institutions
- Others : 1215.52 Cr
- Axis Trustee Services Limited : 60.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 May 2024 | Others | ₹20.00 Cr | Open |
| 28 Mar 2024 | Others | ₹50.00 Cr | Open |
| 29 Mar 2022 | Others | ₹15.00 Cr | Open |
| 20 Mar 2020 | Others | ₹19.12 Cr | Open |
| 12 Sep 2019 | Others | ₹30.00 Cr | Open |
How Many Employees Work at Assets Care & Reconstruction Enterprise?
Assets Care & Reconstruction Enterprise has a workforce of 53 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 Assets Care & Reconstruction Enterprise, 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 Assets Care & Reconstruction Enterprise'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.
