Meliora Asset Reconstruction Company Limited

Acquires NPAs from banks and resolves them as per RBI guidelines, promotes distressed asset market.

2012 | Visakhapatnam, Andhra Pradesh (India) | Active
Last Updated:

Meliora Asset Reconstruction Company Profile

Key Indicators

  • Authorised Capital ₹ 45.00 Cr
  • Paid Up Capital ₹ 28.65 Cr
  • Company Age 12 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 419.07%
  • Profit Growth 42.71%
  • Ebitda -12564.45%
  • Net Worth 3.32%
  • Total Assets -36.31%

About Meliora Asset Reconstruction Company

Meliora Asset Reconstruction Company Limited (MARCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 21 November 2012 and has a history of 12 years and four months. Its registered office is in Visakhapatnam, Andhra Pradesh, 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 45.00 Cr and a paid-up capital of Rs 28.65 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Meliora Asset Reconstruction Company Limited India are Srinivasan Krishnarao as CFO and Mahender Nalavola as Company Secretary. Sisir Appikatla, Ravi Korada, Pillala Rao, and Two other members serve as directors at the Company.

Company Details

  • Location

    Visakhapatnam, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65923AP2012PLC084298

  • Company No.

    084298

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Nov 2012

  • Date of AGM

    12 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Financial Services
Company report

Meliora Asset Reconstruction Company Limited

Explore comprehensive data for Meliora Asset Reconstruction Company Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (2)

NameDesignationAppointment DateStatus
Srinivasan Krishnarao CFO16-Oct-2019Current
Mahender Nalavola Company Secretary01-Dec-2022Current

Board Members (5)

NameDesignationAppointment DateStatus
Sisir Appikatla Country flag representing In Director 21-Nov-2012Current
Ravi Korada Country flag representing In Director 21-Nov-2012Current
Pillala Rao Country flag representing In Director 21-Nov-2012Current
Maladi Mohan Country flag representing In Director 16-Sep-2024Current
Subbarao Gorti Director 16-Sep-2024Current

Financial Performance of Meliora Asset Reconstruction Company.

Meliora Asset Reconstruction Company Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 419.07% increase. The company also saw a substantial improvement in profitability, with a 42.71% increase in profit. The company's net worth moved up by a moderate rise of 3.32%.

Meliora Asset Reconstruction Company revenue growth over time
Meliora Asset Reconstruction Company 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
419.07%
Revenue from Operations
331.56%
Total Assets
-36.31%
Profit or Loss
42.71%
Net Worth
3.32%
EBITDA
-12564.45%

What is the Ownership and Shareholding Structure of Meliora Asset Reconstruction Company?

In 2023, Meliora Asset Reconstruction Company had a promoter holding of 62.75% and a public holding of 37.25%. 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 Meliora Asset Reconstruction Company?

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

Employee growth trends for Meliora Asset Reconstruction Company Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Meliora 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 Meliora 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 Meliora Asset Reconstruction Company

Recent activity within the organization

  • Director Appointment

    Maladi Krishna Mohan was appointed as a Director was appointed as a Director on 16 Sep 2024 & has been associated with this company since 6 months 29 days .

  • Director Appointment

    Subbarao Gorti was appointed as a Director was appointed as a Director on 16 Sep 2024 & has been associated with this company since 6 months 29 days .

  • Annual General Meeting

    Meliora Asset Reconstruction Company Limited last Annual general meeting of members was held on 12 Aug 2024 as per latest MCA records.

  • Balance Sheet

    Meliora Asset Reconstruction Company Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.

  • Director Appointment

    Sisir Kumar Appikatla was appointed as a Director was appointed as a Director on 21 Nov 2012 & has been associated with this company since 12 years 4 months .

  • Director Appointment

    Ravi Kumar Korada was appointed as a Director was appointed as a Director on 21 Nov 2012 & has been associated with this company since 12 years 4 months .

Frequently asked questions

  • What is the Incorporation or founding date of Meliora Asset Reconstruction Company Limited?

    Meliora Asset Reconstruction Company Limited was incorporated on 21 Nov 2012.

  • What is authorized share capital and paid-up capital of Meliora Asset Reconstruction Company Limited?

    The authorized share capital of Meliora Asset Reconstruction Company Limited is ₹ 45.00 Cr and paid-up capital is ₹ 28.65 Cr.

  • Who are the current board members & directors of Meliora Asset Reconstruction Company Limited?

    Currently 7 directors are associated with Meliora Asset Reconstruction Company Limited.

    • Sisir Kumar Appikatla
    • Ravi Kumar Korada
    • Pillala Ramakrishna Rao
    • Maladi Krishna Mohan
    • Subbarao Gorti
    • Srinivasan Krishnarao
    • Mahender Reddy Nalavola

  • What is the registered address of Meliora Asset Reconstruction Company Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Meliora Asset Reconstruction Company Limited is H. No. 47-3-26/14 Flat No.106 1St Floor Bharat Towers 5Th Lane Dwarakanagar, India, Visakhapatnam, Andhra Pradesh, 530016.

  • What is the corporate identification number (CIN) and company number of Meliora Asset Reconstruction Company Limited?

    The corporate identification number (CIN) of Meliora Asset Reconstruction Company Limited is U65923AP2012PLC084298 and the company number is 084298 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Meliora Asset Reconstruction Company Limited?

    The Official website of Meliora Asset Reconstruction Company Limited is https://www.melioraarc.com

  • What has been the recent revenue trend for Meliora Asset Reconstruction Company Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Meliora Asset Reconstruction Company Limited has risen by 419.07%.

  • What change has been observed in the net worth of Meliora Asset Reconstruction Company Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Meliora Asset Reconstruction Company Limited has experienced an upsurge of 3.32%.

  • When was the last Balance Sheet of Meliora Asset Reconstruction Company Limited filed with the ROC?

    The most recent Balance Sheet for Meliora Asset Reconstruction Company Limited was filed with the ROC on 31 Mar 2024.

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