Madras Asset Recovery Company Private Limited

Provides services to banks and financial institutions for NPA recovery.

2011 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 03, 2024

Madras Asset Recovery Company Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 13 Year, 10 Months
  • Last Filing with ROC 31 Mar 2022
  • Revenue Growth 75.35%
  • Profit Growth 115.62%
  • Ebitda 402.44%
  • Net Worth 58.53%
  • Total Assets 7.71%

About Madras Asset Recovery Company

Madras Asset Recovery Company Private Limited (MARCPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 March 2011 and has a history of 13 years and ten months. Its registered office is in Chennai, Tamil Nadu, 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 2022. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Revathi Venketraman, Jayaraman Rajan, and Madhan Rajan serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U67190TN2011PTC079818

  • Company No.

    079818

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Mar 2011

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

Who are the key members and board of directors at Madras Asset Recovery Company?

Board Members (3)

Name Designation Appointment Date Status
Revathi Venketraman Country flag representing In Director 24-Mar-2011 Current
Jayaraman Rajan Country flag representing In Director 24-Mar-2011 Current
Madhan Rajan Country flag representing In Director 24-Mar-2011 Current

Financial Performance of Madras Asset Recovery Company.

Madras Asset Recovery Company Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 75.35% increase. The company also saw a substantial improvement in profitability, with a 115.62% increase in profit. The company's net worth Soared by an impressive increase of 58.53%.

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
75.35%
Revenue from Operations
96.13%
Total Assets
7.71%
Profit or Loss
115.62%
Net Worth
58.53%
EBITDA
402.44%

What is the Ownership and Shareholding Structure of Madras Asset Recovery Company?

In 2022, Madras Asset Recovery 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 Madras Asset Recovery Company?

Unlock and access historical data on people associated with Madras Asset Recovery Company, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Madras Asset Recovery 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 Madras Asset Recovery 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 Madras Asset Recovery Company

Recent activity within the organization

  • Annual General Meeting

    Madras Asset Recovery Company Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Madras Asset Recovery Company Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Chennai.

    31 Mar 2022

  • Director Appointment

    Revathi Venketraman was appointed as a Director was appointed as a Director on 24 Mar 2011 & has been associated with this company since 13 years 10 months .

    24 Mar 2011

  • Director Appointment

    Jayaraman Rajan was appointed as a Director was appointed as a Director on 24 Mar 2011 & has been associated with this company since 13 years 10 months .

    24 Mar 2011

  • Director Appointment

    Madhan Rajan was appointed as a Director was appointed as a Director on 24 Mar 2011 & has been associated with this company since 13 years 10 months .

    24 Mar 2011

  • Company Incorporation

    Madras Asset Recovery Company Private Limited was registered on 24 Mar 2011 with Roc Chennai & aged 13 years 10 months as per MCA records.

    24 Mar 2011

Frequently asked questions

  • Madras Asset Recovery Company Private Limited was incorporated on 24 Mar 2011.

  • The authorized share capital of Madras Asset Recovery Company Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Madras Asset Recovery Company Private Limited.

    • Revathi Venketraman
    • Jayaraman Rajan
    • Madhan Rajan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Madras Asset Recovery Company Private Limited is No-221 First Floor Fountain Plaza Pantheon Road, India, Egmore, Tamil Nadu, 600008.

  • The corporate identification number (CIN) of Madras Asset Recovery Company Private Limited is U67190TN2011PTC079818 and the company number is 079818 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Madras Asset Recovery Company Private Limited is https://www.marcbankproperties.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Madras Asset Recovery Company Private Limited has risen by 75.35%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Madras Asset Recovery Company Private Limited has experienced an upsurge of 58.53%.

  • The most recent Balance Sheet for Madras Asset Recovery Company Private Limited was filed with the ROC on 31 Mar 2022.