International Asset Reconstruction Company Profile
Key Indicators
- Authorised Capital ₹ 300.00 Cr
- Paid Up Capital ₹ 84.16 Cr
- Company Age 22 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 125.00 Cr
- Revenue Growth -11.00%
- Profit Growth -18.95%
- Ebitda -7.78%
- Net Worth 9.14%
- Total Assets 4.85%
About International Asset Reconstruction Company
International Asset Reconstruction Company Private Limited (IARCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 October 2002 and has a history of 22 years and four months. Its registered office is in Delhi, India.
The Corporate was formerly known as First Asset Reconstruction Company 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 300.00 Cr and a paid-up capital of Rs 84.16 Cr.
The company has closed loans amounting to ₹125.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at International Asset Reconstruction Company Private Limited India are Neeraj Mohan as Ceo, Naina Kurane as Company Secretary, and Vinita Dighe as Cfo. Praveen Kadle, Vikas Nanda, Jayanta Banerjee, and Five other members serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74999DL2002PTC117357
- Company No.
117357
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 Oct 2002
- Date of AGM
29 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Financial Services
What products or services does International Asset Reconstruction Company Private Limited offer?
International Asset Reconstruction Company Private Limited offers a wide range of products and services, including Real Estate Agent & Property Dealers, Real Estate Agent, Real Estate Services, Commercial Construction Service, Commercial Complex Construction, Residential Property, Residential Complex Services, Corporate Finance & Leasing Advisors, Investment Service, Business Planning and Management.
Who are the key members and board of directors at International Asset Reconstruction Company?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Neeraj Mohan  | Managing Director | 08-Aug-2022 | Current |
| Naina Kurane | Company Secretary | 21-Dec-2018 | Current |
| Vinita Dighe | CFO | 06-Sep-2024 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vikas Nanda | Director | 05-Jul-2023 | Current |
| Jayanta Banerjee | Additional Director | 04-Oct-2024 | Current |
| Anjani Kumar | Director | 28-Jun-2024 | Current |
| Praveen Kadle | Director | 21-Mar-2009 | Current |
| Sonal Shrivastava | Additional Director | 17-Oct-2024 | Current |
| Jimmy Tata | Nominee Director | 03-Jun-2014 | Current |
Financial Performance of International Asset Reconstruction Company.
International Asset Reconstruction Company Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11% decrease. The company also saw a substantial fall in profitability, with a 18.95% decrease in profit. The company's net worth moved up by a moderate rise of 9.14%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of International Asset Reconstruction Company?
In 2023, International Asset Reconstruction Company had a promoter holding of 51.00% and a public holding of 48.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Tata International LimitedPraveen Kadle is a mutual person
John Cockerill India LimitedPraveen Kadle is a mutual person
Divgi Torqtransfer Systems LimitedPraveen Kadle is a mutual person
Persistent Systems LimitedPraveen Kadle is a mutual person
Atul LimitedPraveen Kadle is a mutual person
Veedol Corporation LimitedPraveen Kadle is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹125.00 Cr
Charges Breakdown by Lending Institutions
- Others : 125.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Oct 2020 | Others | ₹125.00 Cr | Satisfied |
How Many Employees Work at International Asset Reconstruction Company?
International Asset Reconstruction Company has a workforce of 83 employees as of Mar 28, 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 International 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 International 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 International Asset Reconstruction Company
Recent activity within the organization
- Director Appointment
Sonal Shrivastava was appointed as a Additional Director was appointed as a Additional Director on 17 Oct 2024 & has been associated with this company since 4 months 15 days .
- Director Appointment
Jayanta Kumar Banerjee was appointed as a Additional Director was appointed as a Additional Director on 04 Oct 2024 & has been associated with this company since 4 months 28 days .
- Director Appointment
Vinita Kedar Dighe was appointed as a Cfo was appointed as a Cfo on 06 Sep 2024 & has been associated with this company since 5 months 25 days .
- Annual General Meeting
International Asset Reconstruction Company Private Limited last Annual general meeting of members was held on 29 Jul 2024 as per latest MCA records.
- Director Appointment
Anjani Kumar was appointed as a Director was appointed as a Director on 28 Jun 2024 & has been associated with this company since 8 months 3 days .
- Director Appointment
Naveen Jain was appointed as a Nominee Director was appointed as a Nominee Director on 22 May 2024 & has been associated with this company since 9 months 10 days .
Recent News, Updates & Announcement
Blackstone sees opportunity in India’s distress, to invest $150 million.New York-based Blackstone will be issued fresh equity shares in IARC..
- Sterlite Power, Welspun, IARC, others bid for Punj Lloyd.
We evaluate all opportunities that are allied to our business but do not comment on any specific transaction,” Sterlite Power said in a response to ETs query..
- Blackstone Group to buy IARC, enter India’s distressed assets space | Mint.
Blackstone Group will initially invest about $150 million for a large minority stake in International Asset Reconstruction Co. (IARC), which can be subsequently raised to a majority one in a couple of years.
- KKR may set up its own asset reconstruction company | Mint.
KKR is considering the option of an independent ARC since it's far cheaper than buying into an already established ARC.
Frequently asked questions
What is the Incorporation or founding date of International Asset Reconstruction Company Private Limited?
International Asset Reconstruction Company Private Limited was incorporated on 16 Oct 2002.
What is authorized share capital and paid-up capital of International Asset Reconstruction Company Private Limited?
The authorized share capital of International Asset Reconstruction Company Private Limited is ₹ 300.00 Cr and paid-up capital is ₹ 84.16 Cr.
Who are the current board members & directors of International Asset Reconstruction Company Private Limited?
Currently 11 directors are associated with International Asset Reconstruction Company Private Limited.
- Praveen Purushottam Kadle
- Vikas Nanda
- Jayanta Kumar Banerjee
- Anjani Kumar
- Neeraj Mohan
- Sonal Shrivastava
- Jimmy Minocher Tata
- Naveen Jain
- Neeraj Mohan
- Naina Hemant Kurane
- Vinita Kedar Dighe
What is the registered address of International Asset Reconstruction Company Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of International Asset Reconstruction Company Private Limited is 406 Dlf South Court, Saket India, New Delhi, 110017.
What is the corporate identification number (CIN) and company number of International Asset Reconstruction Company Private Limited?
The corporate identification number (CIN) of International Asset Reconstruction Company Private Limited is U74999DL2002PTC117357 and the company number is 117357 as per Ministry of Corporate Affairs (MCA).
What is the official website of International Asset Reconstruction Company Private Limited?
The Official website of International Asset Reconstruction Company Private Limited is https://www.iarc.co.in
What has been the recent revenue trend for International Asset Reconstruction Company Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for International Asset Reconstruction Company Private Limited has fallen by -11.00%.
How many employees does International Asset Reconstruction Company Private Limited currently have?
As Per 2023 financial reports, 83 employees are currently employed by International Asset Reconstruction Company Private Limited.
What change has been observed in the net worth of International Asset Reconstruction Company Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of International Asset Reconstruction Company Private Limited has experienced an upsurge of 9.14%.
When was the last Balance Sheet of International Asset Reconstruction Company Private Limited filed with the ROC?
The most recent Balance Sheet for International Asset Reconstruction Company Private Limited was filed with the ROC on 31 Mar 2024.
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