Meliora Asset Reconstruction Company Limited

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:

November 17, 2024
HomeCompanyMeliora Asset Reconstruction Company Limited

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

Executive Team (2)

NameDesignationAppointment DateStatus
Srinivasan KrishnaraoCFO16-Oct-2019Current
Mahender NalavolaCompany Secretary01-Dec-2022Current

Board Members(5)

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

Financial Performance and Corporate Structure Insights 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%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(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%

Related Corporates (Common Directorship)

Charges (Loans)

Charges

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 Graph

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Rating

Alerts

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 3 months 5 days .

    16 Sep 2024

  • 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 3 months 5 days .

    16 Sep 2024

  • 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.

    12 Aug 2024

  • Balance Sheet

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

    31 Mar 2024

  • 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 29 days .

    21 Nov 2012

  • 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 29 days .

    21 Nov 2012

Frequently asked questions

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

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

  • 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
  • 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.

  • 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).

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

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

  • 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%.

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

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