Assets Care & Reconstruction Enterprise Limited logo

Assets Care & Reconstruction Enterprise Limited

Acquires and resolves nonperforming assets from banks/FIs according to RBI guidelines, sponsored by major banks.
2002 | Delhi (India) | Active

Last Updated:

October 24, 2024
HomeCompanyAssets Care & Reconstruction Enterprise Limited

Who are the key members and board of directors at Assets Care & Reconstruction Enterprise?

Executive Team (3)

NameDesignationAppointment DateStatus
Mohd MalikCompany Secretary04-May-2010Current
Alok GuptaCFO18-Nov-2022Current
Chandan ChuriwalCEO22-Aug-2024Current

Board Members(6)

NameDesignationAppointment DateStatus
Sunil Chaturvedi In Director 04-Sep-2020Current
Manish Jain In Nominee Director 20-Aug-2020Current
Anil Singhvi In Director 17-Jan-2017Current
Amrendra Choudhary In Director 04-Sep-2020Current
Chandan Churiwal In Whole-Time Director 22-Aug-2024Current
Anjali Seth In Director 14-Jul-2024Current

Financial Performance and Corporate Structure Insights 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%.

Revenue Growth Graph
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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
17.90%
Revenue from Operations
17.13%
Total Assets
7.75%
Profit or Loss
8.43%
Net Worth
18.33%
EBITDA
5.39%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹1,275.52 Cr

₹151.46 Cr

LenderAmountStatus

Others

Creation Date: 03 May 2024
₹20.00 CrOpen

Others

Creation Date: 28 Mar 2024
₹50.00 CrOpen

Others

Creation Date: 29 Mar 2022
₹15.00 CrOpen

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.

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Alerts

Latest Updates, News, and FAQs on Assets Care & Reconstruction Enterprise

Recent activity within the organization

  • Director Appointment

    Chandan Churiwal was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 22 Aug 2024 & has been associated with this company since 3 months 28 days .

    22 Aug 2024

  • Director Appointment

    Chandan Churiwal was appointed as a Ceo was appointed as a Ceo on 22 Aug 2024 & has been associated with this company since 3 months 28 days .

    22 Aug 2024

  • Director Appointment

    Anjali Karamnarayan Seth was appointed as a Director was appointed as a Director on 14 Jul 2024 & has been associated with this company since 5 months 6 days .

    14 Jul 2024

  • Charges

    A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100920918 was registered on 03 May 2024.

    03 May 2024

  • Charges

    A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100896413 was registered on 28 Mar 2024.

    28 Mar 2024

  • Charges

    A charge registered on 12 Sep 2019 via Charge ID 100288403 with Others was fully satisfied on 27 Feb 2024.

    27 Feb 2024

Frequently asked questions

  • Assets Care & Reconstruction Enterprise Limited was incorporated on 11 Jun 2002.

  • The authorized share capital of Assets Care & Reconstruction Enterprise Limited is ₹ 750.00 Cr and paid-up capital is ₹ 75.06 Cr.

  • Currently 9 directors are associated with Assets Care & Reconstruction Enterprise Limited.

    • Anil Chandanmal Singhvi
    • Chandan Churiwal
    • Sunil Kumar Chaturvedi
    • Manish Jain
    • Amrendra Prasad Choudhary
    • Anjali Karamnarayan Seth
    • Alok Viraj Gupta
    • Mohd Shariq Malik
    • Chandan Churiwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Assets Care & Reconstruction Enterprise Limited is 14Th Floor Eros Corporate Tower Nehru Place, - India, New Delhi, 110019.

  • The corporate identification number (CIN) of Assets Care & Reconstruction Enterprise Limited is U65993DL2002PLC115769 and the company number is 115769 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Assets Care & Reconstruction Enterprise Limited is https://www.acreindia.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Assets Care & Reconstruction Enterprise Limited has risen by 17.90%.

  • As Per 2023 financial reports, 53 employees are currently employed by Assets Care & Reconstruction Enterprise Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Assets Care & Reconstruction Enterprise Limited has experienced an upsurge of 18.33%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Assets Care & Reconstruction Enterprise Limited amount to ₹ 1,275.52 Cr.

  • The most recent Balance Sheet for Assets Care & Reconstruction Enterprise Limited was filed with the ROC on 31 Mar 2023.

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