Distress Asset Specialist Limited

Specializes in advisory and consultancy services for financial asset resolution, management, and restructuring.

2013 | Mumbai, Maharashtra (India) | Active
Last Updated: December 19, 2024

Distress Asset Specialist Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 11 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 10146.56%
  • Profit Growth 223.38%
  • Ebitda 319.84%
  • Net Worth 67.08%
  • Total Assets 81.72%

About Distress Asset Specialist

Distress Asset Specialist Limited (DASL) is a Public Limited Indian Non-Government Company incorporated in India on 15 October 2013 and has a history of 11 years and four months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Distress Asset Specialist Private 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 1.00 M, as per Ministry of Corporate Affairs (MCA) records.

Prateek Tayal, Ramdas Naidu, and Nimesh Kanabar serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    itiorg.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U67190MH2013PLC249239

  • Company No.

    249239

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Oct 2013

  • Date of AGM

    25 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 Distress Asset Specialist?

Board Members (3)

NameDesignationAppointment DateStatus
Prateek Tayal Country flag representing In Director 24-May-2016Current
Ramdas Naidu Country flag representing In Director 02-Dec-2016Current
Nimesh Kanabar Country flag representing In Director 09-Feb-2023Current

Financial Performance of Distress Asset Specialist.

Distress Asset Specialist Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 10146.56% increase. The company also saw a substantial improvement in profitability, with a 223.38% increase in profit. The company's net worth Soared by an impressive increase of 67.08%.

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
10146.56%
Revenue from Operations
12232.62%
Total Assets
81.72%
Profit or Loss
223.38%
Net Worth
67.08%
EBITDA
319.84%

What is the Ownership and Shareholding Structure of Distress Asset Specialist?

In 2021, Distress Asset Specialist had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Distress Asset Specialist?

Unlock and access historical data on people associated with Distress Asset Specialist, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Distress Asset Specialist, 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 Distress Asset Specialist'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 Distress Asset Specialist

Recent activity within the organization

  • Annual General Meeting

    Distress Asset Specialist Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.

    25 Sep 2024

  • Balance Sheet

    Distress Asset Specialist Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Nimesh Kanabar was appointed as a Director was appointed as a Director on 09 Feb 2023 & has been associated with this company since 2 years 10 days .

    09 Feb 2023

  • Director Appointment

    Ramdas Krishnamurthy Naidu was appointed as a Director was appointed as a Director on 02 Dec 2016 & has been associated with this company since 8 years 2 months .

    02 Dec 2016

  • Director Appointment

    Prateek Tayal was appointed as a Director was appointed as a Director on 24 May 2016 & has been associated with this company since 8 years 8 months .

    24 May 2016

  • Company Incorporation

    Distress Asset Specialist Limited was registered on 15 Oct 2013 with Roc Mumbai & aged 11 years 4 months as per MCA records.

    15 Oct 2013

Frequently asked questions

  • Distress Asset Specialist Limited was incorporated on 15 Oct 2013.

  • The authorized share capital of Distress Asset Specialist Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 3 directors are associated with Distress Asset Specialist Limited.

    • Prateek Tayal
    • Ramdas Krishnamurthy Naidu
    • Nimesh Kanabar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Distress Asset Specialist Limited is Iti House 36 Dr. R. K. Shirodkar Marg Parel India, Mumbai, Maharashtra, 400012.

  • The corporate identification number (CIN) of Distress Asset Specialist Limited is U67190MH2013PLC249239 and the company number is 249239 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Distress Asset Specialist Limited is https://www.itiorg.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Distress Asset Specialist Limited has risen by 10146.56%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Distress Asset Specialist Limited has experienced an upsurge of 67.08%.

  • The most recent Balance Sheet for Distress Asset Specialist Limited was filed with the ROC on 31 Mar 2024.

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