Indiabulls Asset Reconstruction Company Limited

Specializes in asset reconstruction business through subsidiary, incorporated in 2006, based in Mumbai.

2006 | Mumbai, Maharashtra (India) | Active
Last Updated: June 17, 2024

Indiabulls Asset Reconstruction Company Profile

Key Indicators

  • Authorised Capital ₹ 98.70 Cr
  • Paid Up Capital ₹ 74.06 Cr
  • Company Age 18 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • 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 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 2023. 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. Swati Jain, Amit Gandhi, Prem Mirdha, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    indiabullsarc.com

  • 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

    27 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

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

Executive Team (4)

NameDesignationAppointment DateStatus
Keyur Morparia CFO21-Dec-2017Current
Ram Garg Country flag representing In Company Secretary20-Apr-2023Current
Amit Gandhi CEO01-Dec-2022Current
Rajeev Agrawal CFO20-Oct-2016Current

Board Members (5)

NameDesignationAppointment DateStatus
Swati Jain Country flag representing In Director 30-Nov-2022Current
Amit Gandhi Country flag representing In Whole-Time Director 06-Sep-2016Current
Prem Mirdha Country flag representing In Director Current
Aishwarya Katoch Country flag representing In Director 06-Mar-2023Current
Sargam Kataria Country flag representing In Director 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%.

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
-26.87%
Revenue from Operations
-6.96%
Total Assets
3.01%
Profit or Loss
-45.96%
Net Worth
3.89%
EBITDA
-50.44%

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.

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 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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 27 Sep 2023 as per latest MCA records.

    27 Sep 2023

  • Balance Sheet

    Indiabulls Asset Reconstruction Company Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • 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 1 year 11 months .

    06 Mar 2023

  • Director Appointment

    Swati Jain was appointed as a Director was appointed as a Director on 30 Nov 2022 & has been associated with this company since 2 years 2 months .

    30 Nov 2022

  • Director Appointment

    Keyur Jitendra Morparia was appointed as a Cfo was appointed as a Cfo on 21 Dec 2017 & has been associated with this company since 7 years 2 months .

    21 Dec 2017

  • Director Appointment

    Amit Ajit Gandhi was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 06 Sep 2016 & has been associated with this company since 8 years 5 months .

    06 Sep 2016

Recent News, Updates & Announcement

Frequently asked questions

  • Indiabulls Asset Reconstruction Company Limited was incorporated on 02 Nov 2006.

  • The authorized share capital of Indiabulls Asset Reconstruction Company Limited is ₹ 98.70 Cr and paid-up capital is ₹ 74.06 Cr.

  • Currently 9 directors are associated with Indiabulls Asset Reconstruction Company Limited.

    • Keyur Jitendra Morparia
    • Swati Jain
    • Amit Ajit Gandhi
    • Prem Prakash Mirdha
    • Aishwarya Katoch
    • Ram Mehar Garg
    • Amit Ajit Gandhi
    • Rajeev Lochan Agrawal
    • Sargam Kataria
  • 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), Mumbai, Maharashtra, India, 400013.

  • 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).

  • The Official website of Indiabulls Asset Reconstruction Company Limited is https://www.indiabullsarc.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Indiabulls Asset Reconstruction Company Limited has fallen by -26.87%.

  • As Per 2023 financial reports, 504 employees are currently employed by Indiabulls Asset Reconstruction Company Limited.

  • 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%.

  • The most recent Balance Sheet for Indiabulls Asset Reconstruction Company Limited was filed with the ROC on 31 Mar 2023.

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