Edelweiss Asset Reconstruction Company Limited

Acquires NPAs from banks and financial institutions, registered with RBI as asset reconstruction company.

2007 | Mumbai, Maharashtra (India) | Active
Last Updated: January 02, 2025

Edelweiss Asset Reconstruction Company Profile

Key Indicators

  • Authorised Capital ₹ 750.00 Cr
  • Paid Up Capital ₹ 263.25 Cr
  • Company Age 17 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4,751.00 Cr
  • Satisfied Charges ₹ 5,061.50 Cr
  • Revenue Growth 14.93%
  • Profit Growth 36.11%
  • Ebitda 3.33%
  • Net Worth 11.42%
  • Total Assets 2.46%

About Edelweiss Asset Reconstruction Company

Edelweiss Asset Reconstruction Company Limited (EARCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 05 October 2007 and has a history of 17 years and three 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 750.00 Cr and a paid-up capital of Rs 263.25 Cr.

The company currently has active open charges totaling ₹4,751.00 Cr. The company has closed loans amounting to ₹5,061.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Edelweiss Asset Reconstruction Company Limited India are Ashwani Kumar as CFO and Deepak Nautiyal as Company Secretary. Venkatchalam Ramaswamy, Manish Sanghi, Sameer Kaji, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U67100MH2007PLC174759

  • Company No.

    174759

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    05 Oct 2007

  • Date of AGM

    30 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 Edelweiss Asset Reconstruction Company?

Executive Team (2)

NameDesignationAppointment DateStatus
Ashwani Kumar CFO22-Apr-2019Current
Deepak Nautiyal Company Secretary10-Aug-2015Current

Board Members (6)

NameDesignationAppointment DateStatus
Vidya Shah Country flag representing In Director 12-Mar-2015Current
Venkatchalam Ramaswamy Country flag representing In Director 08-Dec-2016Current
Shiva Kumar Country flag representing In Director 22-Jul-2022Current
Sameer Kaji Country flag representing In Additional Director 04-Oct-2024Current
Mohan Tanksale Country flag representing In Director 15-Mar-2021Current
Manish Sanghi Country flag representing In Director 03-Dec-2020Current

Financial Performance of Edelweiss Asset Reconstruction Company.

Edelweiss Asset Reconstruction Company Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 14.93% increase. The company also saw a substantial improvement in profitability, with a 36.11% increase in profit. The company's net worth Soared by an impressive increase of 11.42%.

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
14.93%
Revenue from Operations
14.93%
Total Assets
2.46%
Profit or Loss
36.11%
Net Worth
11.42%
EBITDA
3.33%

What is the Ownership and Shareholding Structure of Edelweiss Asset Reconstruction Company?

In 2022, Edelweiss Asset Reconstruction Company had a promoter holding of 59.82% and a public holding of 40.18%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4,751.00 Cr

Satisfied Charges

₹5,061.50 Cr

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 4500.00 Cr
  • Others : 91.00 Cr
  • Idbi Bank Limited : 80.00 Cr
  • Dhanlaxmi Bank Limited : 80.00 Cr

Latest Charge Details

DateLenderAmountStatus
14 May 2024Others₹21.00 CrOpen
23 Mar 2023Dhanlaxmi Bank Limited₹30.00 CrOpen
16 Jun 2022Others₹70.00 CrOpen
11 Nov 2021Dhanlaxmi Bank Limited₹50.00 CrOpen
10 May 2019Sbicap Trustee Company Limited₹1,000.00 CrOpen

How Many Employees Work at Edelweiss Asset Reconstruction Company?

Edelweiss Asset Reconstruction Company has a workforce of 205 employees as of Apr 03, 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 Edelweiss Asset Reconstruction Company, 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 Edelweiss Asset Reconstruction Company'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 Edelweiss Asset Reconstruction Company

Recent activity within the organization

  • Charges

    A charge registered on 16 Dec 2019 via Charge ID 100310074 with Dhanlaxmi Bank Limited was fully satisfied on 13 Dec 2024.

    13 Dec 2024

  • Charges

    A charge registered on 24 May 2023 via Charge ID 100735005 with Sbicap Trustee Company Limited was fully satisfied on 18 Nov 2024.

    18 Nov 2024

  • Director Appointment

    Sameer Ambarish Kaji was appointed as a Additional Director was appointed as a Additional Director on 04 Oct 2024 & has been associated with this company since 3 months 28 days .

    04 Oct 2024

  • Annual General Meeting

    Edelweiss Asset Reconstruction Company Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 21.00 Cr with Charge ID 100935195 was registered on 14 May 2024.

    14 May 2024

  • Charges

    A charge registered on 22 Jan 2022 via Charge ID 100544061 with Others was fully satisfied on 10 Apr 2024.

    10 Apr 2024

Frequently asked questions

  • Edelweiss Asset Reconstruction Company Limited was incorporated on 05 Oct 2007.

  • The authorized share capital of Edelweiss Asset Reconstruction Company Limited is ₹ 750.00 Cr and paid-up capital is ₹ 263.25 Cr.

  • Currently 8 directors are associated with Edelweiss Asset Reconstruction Company Limited.

    • Venkatchalam Arakoni Ramaswamy
    • Manish Sanghi
    • Sameer Ambarish Kaji
    • Vidya Shah
    • Mohan Vasant Tanksale
    • Shiva Kumar
    • Ashwani Kumar
    • Deepak Dineshchandra Nautiyal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Edelweiss Asset Reconstruction Company Limited is Edelweiss House Off. C.S.T Road Kalina, India, Mumbai, Maharashtra, 400098.

  • The corporate identification number (CIN) of Edelweiss Asset Reconstruction Company Limited is U67100MH2007PLC174759 and the company number is 174759 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Edelweiss Asset Reconstruction Company Limited is https://www.edelweissarc.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Edelweiss Asset Reconstruction Company Limited has risen by 14.93%.

  • As Per 2022 financial reports, 205 employees are currently employed by Edelweiss Asset Reconstruction Company Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Edelweiss Asset Reconstruction Company Limited has experienced an upsurge of 11.42%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Edelweiss Asset Reconstruction Company Limited amount to ₹ 4,751.00 Cr.

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

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