Encore Asset Reconstruction Company Private Limited

Specializes in asset reconstruction services for private entities.

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

Encore Asset Reconstruction Company Profile

Key Indicators

  • Authorised Capital ₹ 253.00 Cr
  • Paid Up Capital ₹ 246.71 Cr
  • Company Age 11 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 20.00 Cr
  • Satisfied Charges ₹ 15.00 Cr
  • Revenue Growth 17.56%
  • Profit Growth 160.03%
  • Ebitda 130.47%
  • Net Worth 53.21%
  • Total Assets 39.13%

About Encore Asset Reconstruction Company

Encore Asset Reconstruction Company Private Limited (EARCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 October 2013 and has a history of 11 years and three months. Its registered office is in Delhi, 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 253.00 Cr and a paid-up capital of Rs 246.71 Cr.

The company currently has active open charges totaling ₹20.00 Cr. The company has closed loans amounting to ₹15.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Encore Asset Reconstruction Company Private Limited India are Sandeep Gupta as CEO and Ekta Agarwal as Company Secretary. Nitin Chopra, Mrutyunjay Mahapatra, Raj Verma, and Three other members serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74140DL2013PTC259641

  • Company No.

    259641

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Oct 2013

  • Date of AGM

    30 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Financial Services

Who are the key members and board of directors at Encore Asset Reconstruction Company?

Executive Team (2)

NameDesignationAppointment DateStatus
Sandeep Gupta Country flag representing In CEO23-Jan-2018Current
Ekta Agarwal Country flag representing In Company Secretary23-May-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Raj Verma Country flag representing In Director 21-Jan-2020Current
Nitin Chopra Country flag representing In Director 14-Jul-2023Current
Mrutyunjay Mahapatra Country flag representing In Director 25-May-2023Current
Ashish Masih Country flag representing Us Director 30-Jun-2017Current
John Yung Country flag representing Us Director 04-Oct-2022Current

Financial Performance of Encore Asset Reconstruction Company.

Encore Asset Reconstruction Company Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 17.56% increase. The company also saw a substantial improvement in profitability, with a 160.03% increase in profit. The company's net worth Soared by an impressive increase of 53.21%.

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
17.56%
Revenue from Operations
28.63%
Total Assets
39.13%
Profit or Loss
160.03%
Net Worth
53.21%
EBITDA
130.47%

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

In 2021, Encore Asset Reconstruction Company had a public 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)

Open Charges

₹20.00 Cr

Satisfied Charges

₹15.00 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 20.00 Cr

Latest Charge Details

DateLenderAmountStatus
28 May 2021Hdfc Bank Limited₹20.00 CrOpen
25 Nov 2019Others₹15.00 CrSatisfied

How Many Employees Work at Encore Asset Reconstruction Company?

Encore Asset Reconstruction Company has a workforce of 60 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 Encore 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 Encore 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 Encore Asset Reconstruction Company

Recent activity within the organization

  • Annual General Meeting

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

    30 Aug 2024

  • Director Appointment

    Ekta Agarwal was appointed as a Company Secretary was appointed as a Company Secretary on 23 May 2024 & has been associated with this company since 8 months 9 days .

    23 May 2024

  • Balance Sheet

    Encore Asset Reconstruction Company Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Director Appointment

    Nitin Chopra was appointed as a Director was appointed as a Director on 14 Jul 2023 & has been associated with this company since 1 year 6 months .

    14 Jul 2023

  • Director Appointment

    Mrutyunjay Mahapatra was appointed as a Director was appointed as a Director on 25 May 2023 & has been associated with this company since 1 year 8 months .

    25 May 2023

  • Director Appointment

    John Yung was appointed as a Director was appointed as a Director on 04 Oct 2022 & has been associated with this company since 2 years 3 months .

    04 Oct 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Encore Asset Reconstruction Company Private Limited was incorporated on 28 Oct 2013.

  • The authorized share capital of Encore Asset Reconstruction Company Private Limited is ₹ 253.00 Cr and paid-up capital is ₹ 246.71 Cr.

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

    • Nitin Chopra
    • Mrutyunjay Mahapatra
    • Raj Vikash Verma
    • Ashish Masih
    • John Yung
    • Sandeep Gupta
    • Ekta Agarwal
    • Sandeep Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Encore Asset Reconstruction Company Private Limited is Caddie Commercial Tower Regus Business Centre 5Th Floor, Aerocity (Dial) India, New Delhi, 110037.

  • The corporate identification number (CIN) of Encore Asset Reconstruction Company Private Limited is U74140DL2013PTC259641 and the company number is 259641 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Encore Asset Reconstruction Company Private Limited is https://www.encorearc.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Encore Asset Reconstruction Company Private Limited has risen by 17.56%.

  • As Per 2021 financial reports, 60 employees are currently employed by Encore Asset Reconstruction Company Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Encore Asset Reconstruction Company Private Limited has experienced an upsurge of 53.21%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Encore Asset Reconstruction Company Private Limited amount to ₹ 20.00 Cr.

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

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