Jm Financial Asset Reconstruction Company Profile
Key Indicators
- Authorised Capital ₹ 2,000.00 Cr
- Paid Up Capital ₹ 795.31 Cr
- Company Age 17 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1,931.33 Cr
- Satisfied Charges ₹ 2,800.20 Cr
- Revenue Growth -7.85%
- Profit Growth 7.24%
- Ebitda -0.23%
- Net Worth 4.47%
- Total Assets 2.82%
About Jm Financial Asset Reconstruction Company
Jm Financial Asset Reconstruction Company Limited (JFARCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 19 September 2007 and has a history of 17 years and five months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Jm Financial 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 2,000.00 Cr and a paid-up capital of Rs 795.31 Cr.
The company currently has active open charges totaling ₹1,931.33 Cr. The company has closed loans amounting to ₹2,800.20 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Jm Financial Asset Reconstruction Company Limited India are Sabyasachi Ray as Cfo, Srinivasan Viswanathan as Ceo, and Vineet Singh as Company Secretary. Ameetkumar Desai, Vishal Kampani, Vijay Kelkar, and Seven 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
U67190MH2007PLC174287
- Company No.
174287
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
19 Sep 2007
- Date of AGM
25 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Jm Financial Asset Reconstruction Company?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sabyasachi Ray  | CFO | 27-Oct-2014 | Current |
| Srinivasan Viswanathan | CEO | 22-Jun-2023 | Current |
| Vineet Singh | Company Secretary | 17-Jan-2019 | Current |
Board Members (10)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Satishchand Mathur | Director | 15-Apr-2019 | Current |
| Rupa Vora | Director | 31-Mar-2015 | Current |
| Pulkit Sekhsaria | Nominee Director | 26-Nov-2014 | Current |
| Munesh Khanna | Director | 27-Sep-2022 | Current |
| Ameetkumar Desai | Director | 09-Jan-2019 | Current |
| Vishal Kampani | Nominee Director | 28-Nov-2007 | Current |
Financial Performance of Jm Financial Asset Reconstruction Company.
Jm Financial Asset Reconstruction Company Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 7.85% decrease. The company also saw a slight improvement in profitability, with a 7.24% increase in profit. The company's net worth moved up by a moderate rise of 4.47%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Jm Financial Asset Reconstruction Company?
In 2022, Jm Financial Asset Reconstruction Company had a promoter holding of 59.25% and a public holding of 40.75%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Satyanarayan Sekhsaria Private LimitedPulkit Sekhsaria is a mutual person
Ndl Ventures LimitedMunesh Khanna is a mutual person
Narotam Sekhsaria FoundationNarotam Sekhsaria is a mutual person
Ksb LimitedVishal Kampani is a mutual person
Gulf Oil Lubricants India LimitedMunesh Khanna is a mutual person
Ring Plus Aqua LimitedSatishchand Mathur is a mutual person
Charges (Loans)
₹1,931.33 Cr
₹2,800.20 Cr
Charges Breakdown by Lending Institutions
- Sbicap Trustee Company Limited : 1435.00 Cr
- Others : 246.33 Cr
- Indian Overseas Bank : 100.00 Cr
- Idbi Bank Limited : 100.00 Cr
- Dhanlaxmi Bank Limited : 50.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Oct 2023 | Sbicap Trustee Company Limited | ₹50.00 Cr | Open |
| 23 May 2023 | Sbicap Trustee Company Limited | ₹50.00 Cr | Open |
| 12 Apr 2023 | Sbicap Trustee Company Limited | ₹30.00 Cr | Open |
| 02 Feb 2023 | Sbicap Trustee Company Limited | ₹750.00 Cr | Open |
| 23 Dec 2022 | Others | ₹22.76 Cr | Open |
How Many Employees Work at Jm Financial Asset Reconstruction Company?
Jm Financial Asset Reconstruction Company has a workforce of 56 employees as of Mar 26, 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 Jm Financial 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 Jm Financial 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.
