India Resurgence Asset Management Business Private Limited

Provides investment advisory and fund management services in distressed asset space.

2016 | Mumbai, Maharashtra (India) | Active
Last Updated: December 09, 2024

India Resurgence Asset Management Business Profile

Key Indicators

  • Authorised Capital ₹ 45.00 Cr
  • Paid Up Capital ₹ 40.00 Cr
  • Company Age 8 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -7.27%
  • Profit Growth -94.54%
  • Ebitda -36.66%
  • Net Worth 2.44%
  • Total Assets 3.58%

About India Resurgence Asset Management Business

India Resurgence Asset Management Business Private Limited (IRAMBPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 February 2016 (Eight years and 11 months 16 days old ). Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Pel Asset Resurgence Advisory 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 45.00 Cr and a paid-up capital of Rs 40.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at India Resurgence Asset Management Business Private Limited India is Umang Patel as COMPANY SECRETARY. Anand Piramal, Kalpesh Kikani, Sarit Chopra, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74900MH2016PTC273377

  • Company No.

    273377

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Feb 2016

  • Date of AGM

    27 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 India Resurgence Asset Management Business?

Executive Team (1)

Name Designation Appointment Date Status
Umang Patel Company Secretary 25-Oct-2023 Current

Board Members (5)

Name Designation Appointment Date Status
Anand Piramal Country flag representing In Director 14-Apr-2021 Current
Kalpesh Kikani Country flag representing In Director 14-Apr-2021 Current
Sarit Chopra Country flag representing In Director 20-Sep-2020 Current
Suruchi Nangia Country flag representing In Director 09-Jun-2020 Current
Barnaby Lyons Country flag representing Gb Director 19-Sep-2018 Current

Financial Performance of India Resurgence Asset Management Business.

India Resurgence Asset Management Business Private Limited, for the financial year ended 2024, experienced Minor drop in revenue, with a 7.27% decrease. The company also saw a substantial fall in profitability, with a 94.54% decrease in profit. The company's net worth moved up by a moderate rise of 2.44%.

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
-7.27%
Revenue from Operations
-5.08%
Total Assets
3.58%
Profit or Loss
-94.54%
Net Worth
2.44%
EBITDA
-36.66%

What is the Ownership and Shareholding Structure of India Resurgence Asset Management Business?

In 2024, India Resurgence Asset Management Business 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 India Resurgence Asset Management Business?

India Resurgence Asset Management Business has a workforce of 24 employees as of Dec 09, 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 India Resurgence Asset Management Business, 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 India Resurgence Asset Management Business'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 India Resurgence Asset Management Business

Recent activity within the organization

  • Annual General Meeting

    India Resurgence Asset Management Business Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Balance Sheet

    India Resurgence Asset Management Business Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Umang Bharat Patel was appointed as a Company Secretary was appointed as a Company Secretary on 25 Oct 2023 & has been associated with this company since 1 year 3 months .

    25 Oct 2023

  • Director Appointment

    Anand Ajay Piramal was appointed as a Director was appointed as a Director on 14 Apr 2021 & has been associated with this company since 3 years 9 months .

    14 Apr 2021

  • Director Appointment

    Kalpesh Pankaj Kikani was appointed as a Director was appointed as a Director on 14 Apr 2021 & has been associated with this company since 3 years 9 months .

    14 Apr 2021

  • Director Appointment

    Sarit Ranjan Chopra was appointed as a Director was appointed as a Director on 20 Sep 2020 & has been associated with this company since 4 years 4 months .

    20 Sep 2020

Recent News, Updates & Announcement

Frequently asked questions

  • India Resurgence Asset Management Business Private Limited was incorporated on 22 Feb 2016.

  • The authorized share capital of India Resurgence Asset Management Business Private Limited is ₹ 45.00 Cr and paid-up capital is ₹ 40.00 Cr.

  • Currently 6 directors are associated with India Resurgence Asset Management Business Private Limited.

    • Anand Ajay Piramal
    • Kalpesh Pankaj Kikani
    • Sarit Ranjan Chopra
    • Suruchi Nangia
    • Barnaby Thomas Patrick Lyons
    • Umang Bharat Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of India Resurgence Asset Management Business Private Limited is 3Rd Floor Piramal Tower Peninsula Corporate Park Ganpatrao Kadam Marg, Lower Parel India, Mumbai, Maharashtra, 400013.

  • The corporate identification number (CIN) of India Resurgence Asset Management Business Private Limited is U74900MH2016PTC273377 and the company number is 273377 as per Ministry of Corporate Affairs (MCA).

  • The Official website of India Resurgence Asset Management Business Private Limited is https://www.indiarf.com

  • According to the financial reports for the fiscal year 2024, the revenue trend for India Resurgence Asset Management Business Private Limited has fallen by -7.27%.

  • As Per 2024 financial reports, 24 employees are currently employed by India Resurgence Asset Management Business Private Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of India Resurgence Asset Management Business Private Limited has experienced an upsurge of 2.44%.

  • The most recent Balance Sheet for India Resurgence Asset Management Business Private Limited was filed with the ROC on 31 Mar 2024.

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