Indiabulls Asset Reconstruction Company Profile
Key Indicators
- Authorised Capital ₹ 98.70 Cr
- Paid Up Capital ₹ 74.06 Cr
- Company Age 18 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth -26.87%
- Profit Growth -45.96%
- Ebitda -50.44%
- Net Worth 3.89%
- Total Assets 3.01%
About Indiabulls Asset Reconstruction Company
Indiabulls Asset Reconstruction Company Limited (IARCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 02 November 2006 and has a history of 18 years and six 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 98.70 Cr and a paid-up capital of Rs 74.06 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Indiabulls Asset Reconstruction Company Limited India are Keyur Morparia as Cfo, Ram Garg as Company Secretary, Amit Gandhi as Ceo, and One other members. Aishwarya Katoch, Prem Mirdha, Sargam Kataria, 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
U67110MH2006PLC305312
- Company No.
305312
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
02 Nov 2006
- Date of AGM
25 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
Indiabulls Asset Reconstruction Company Limited
Explore comprehensive data for Indiabulls Asset Reconstruction Company Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Indiabulls Asset Reconstruction Company?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Keyur Morparia | CFO | 21-Dec-2017 | Current |
Ram Garg  | Company Secretary | 20-Apr-2023 | Current |
| Amit Gandhi | CEO | 13-Mar-2023 | Current |
| Rajeev Agrawal | CFO | 20-Oct-2016 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Aishwarya Katoch | Director | 06-Mar-2023 | Current |
| Prem Mirdha | Director | 25-Jun-2023 | Current |
| Sargam Kataria | Director | 03-Aug-2023 | Current |
| Amit Gandhi | Whole-Time Director | 06-Sep-2016 | Current |
| Swati Jain | Director | 30-Nov-2022 | Current |
Financial Performance of Indiabulls Asset Reconstruction Company.
Indiabulls Asset Reconstruction Company Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 26.87% decrease. The company also saw a substantial fall in profitability, with a 45.96% decrease in profit. The company's net worth moved up by a moderate rise of 3.89%.
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What is the Ownership and Shareholding Structure of Indiabulls Asset Reconstruction Company?
In 2023, Indiabulls Asset Reconstruction Company had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Royal Expeditions Private LimitedAishwarya Katoch is a mutual person
Indiabulls Rural Finance Private LimitedPrem Mirdha is a mutual person
Yaari Digital Integrated Services LimitedAishwarya Katoch and Prem Mirdha are mutual person
Dhani Services LimitedAishwarya Katoch, Prem Mirdha and 3 more are mutual person
- Dhani Loans And Services Limited
Prem Mirdha, Sargam Kataria and 1 more are mutual person
Airmid Aviation Services LimitedPrem Mirdha is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Indiabulls Asset Reconstruction Company?
Indiabulls Asset Reconstruction Company has a workforce of 504 employees as of Apr 05, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Indiabulls 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 Indiabulls Asset Reconstruction Company's trajectory.
Rating
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
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 Indiabulls Asset Reconstruction Company
Recent activity within the organization
- Annual General Meeting
Indiabulls Asset Reconstruction Company Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.
- Balance Sheet
Indiabulls Asset Reconstruction Company Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Sargam Kataria was appointed as a Director was appointed as a Director on 03 Aug 2023 & has been associated with this company since 1 year 9 months .
- Director Appointment
Prem Prakash Mirdha was appointed as a Director was appointed as a Director on 25 Jun 2023 & has been associated with this company since 1 year 11 months .
- Director Appointment
Amit Ajit Gandhi was appointed as a Ceo was appointed as a Ceo on 13 Mar 2023 & has been associated with this company since 2 years 2 months .
- Director Appointment
Aishwarya Katoch was appointed as a Director was appointed as a Director on 06 Mar 2023 & has been associated with this company since 2 years 2 months .
Recent News, Updates & Announcement
Indiabulls Housing Finance Shifts Focus to Retail Loans, Aims for 20% Growth and Positive Image.Indiabulls Housing Finance is leaving risky developer loans and focusing on retail loans. They want to grow their loan book and profits by 20% in the next few years. They also want to change the negative perception around them..
- Indiabulls Group companies fall on plea against housing finance arm | Mint.
Indiabulls Housing Fin tanked 5%, Indiabulls Real Estate fell 1.3%, Lakshmi Vilas Bank declined 5%, Indiabulls Ventures fell 1%.Earlier on 10 June a plea was filed in the SC, seeking legal action against Indiabulls Housing Fin, Sameer Gehlaut and the directors for alleged misappropriation of money.
Frequently asked questions
What is the Incorporation or founding date of Indiabulls Asset Reconstruction Company Limited?
Indiabulls Asset Reconstruction Company Limited was incorporated on 02 Nov 2006.
What is authorized share capital and paid-up capital of Indiabulls Asset Reconstruction Company Limited?
The authorized share capital of Indiabulls Asset Reconstruction Company Limited is ₹ 98.70 Cr and paid-up capital is ₹ 74.06 Cr.
Who are the current board members & directors of Indiabulls Asset Reconstruction Company Limited?
Currently 9 directors are associated with Indiabulls Asset Reconstruction Company Limited.
- Aishwarya Katoch
- Prem Prakash Mirdha
- Sargam Kataria
- Amit Ajit Gandhi
- Keyur Jitendra Morparia
- Ram Mehar Garg
- Amit Ajit Gandhi
- Rajeev Lochan Agrawal
- Swati Jain
What is the registered address of Indiabulls Asset Reconstruction Company Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Indiabulls Asset Reconstruction Company Limited is One International Center Tower – 1 4Th Floor S. B. Marg, Elphin Stone (W) India, Mumbai, Maharashtra, 400013.
What is the corporate identification number (CIN) and company number of Indiabulls Asset Reconstruction Company Limited?
The corporate identification number (CIN) of Indiabulls Asset Reconstruction Company Limited is U67110MH2006PLC305312 and the company number is 305312 as per Ministry of Corporate Affairs (MCA).
What is the official website of Indiabulls Asset Reconstruction Company Limited?
The Official website of Indiabulls Asset Reconstruction Company Limited is https://www.indiabullsarc.com
What has been the recent revenue trend for Indiabulls Asset Reconstruction Company Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Indiabulls Asset Reconstruction Company Limited has fallen by -26.87%.
How many employees does Indiabulls Asset Reconstruction Company Limited currently have?
As Per 2023 financial reports, 504 employees are currently employed by Indiabulls Asset Reconstruction Company Limited.
What change has been observed in the net worth of Indiabulls Asset Reconstruction Company Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Indiabulls Asset Reconstruction Company Limited has experienced an upsurge of 3.89%.
When was the last Balance Sheet of Indiabulls Asset Reconstruction Company Limited filed with the ROC?
The most recent Balance Sheet for Indiabulls Asset Reconstruction Company Limited was filed with the ROC on 31 Mar 2024.
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