National Asset Reconstruction Company Limited

Provides asset acquisition and resolution services for banks and institutions.

2021 | Mumbai, Maharashtra (India) | Active
Last Updated:

National Asset Reconstruction Company Profile

Key Indicators

  • Authorised Capital ₹ 2,750.00 Cr
  • Paid Up Capital ₹ 2,750.00 Cr
  • Company Age 3 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 808.47%
  • Profit Growth 581.52%
  • Ebitda -190.82%
  • Net Worth 2.01%
  • Total Assets 2.65%

About National Asset Reconstruction Company

National Asset Reconstruction Company Limited (NARCL) is a Public Limited Union Government Company incorporated in India on 07 July 2021 (Three years and ten months 12 days old ). Its registered office is in Mumbai, Maharashtra, 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 2023. It's a company limited by shares with an authorized capital of Rs 2,750.00 Cr and a paid-up capital of Rs 2,750.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at National Asset Reconstruction Company Limited India are Kapil Soni as Company Secretary, Santhosh Parameswaran as Ceo, and Arindam Biswas as Cfo. Diwakar Gupta, Malvika Sinha, Santhosh Parameswaran, and Two 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

    U67100MH2021GOI363511

  • Company No.

    363511

  • Company Classification

    Public Limited Union Government Company

  • Incorporation Date

    07 Jul 2021

  • Date of AGM

    27 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services
Company report

National Asset Reconstruction Company Limited

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

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

Executive Team (3)

NameDesignationAppointment DateStatus
Santhosh Parameswaran Country flag representing In Managing Director13-Feb-2024Current
Kapil Soni Country flag representing In Company Secretary17-Aug-2022Current
Arindam Biswas CFO14-Oct-2022Current

Board Members (4)

NameDesignationAppointment DateStatus
Diwakar Gupta Country flag representing In Director Current
Malvika Sinha Country flag representing In Director 19-May-2022Current
Ajit Nair Country flag representing In Nominee Director 07-Jul-2021Current
Richard Mendonca Country flag representing In Director 19-Jul-2022Current

Financial Performance of National Asset Reconstruction Company.

National Asset Reconstruction Company Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 808.47% increase. The company also saw a substantial improvement in profitability, with a 581.52% increase in profit. The company's net worth moved up by a moderate rise of 2.01%.

National Asset Reconstruction Company revenue growth over time
National 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
808.47%
Revenue from Operations
227.11%
Total Assets
2.65%
Profit or Loss
581.52%
Net Worth
2.01%
EBITDA
-190.82%

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

In 2023, National Asset Reconstruction Company had a public 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 National Asset Reconstruction Company?

National Asset Reconstruction Company has a workforce of 19 employees as of Mar 31, 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.

Employee growth trends for National Asset Reconstruction Company Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Director Appointment

    Santhosh Parameswaran was appointed as a Managing Director was appointed as a Managing Director on 13 Feb 2024 & has been associated with this company since 1 year 3 months .

  • Director Appointment

    Santhosh Parameswaran was appointed as a Ceo was appointed as a Ceo on 13 Feb 2024 & has been associated with this company since 1 year 3 months .

  • Annual General Meeting

    National Asset Reconstruction Company Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.

  • Balance Sheet

    National Asset Reconstruction Company Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Director Appointment

    Richard Andrew Mendonca was appointed as a Director was appointed as a Director on 19 Jul 2022 & has been associated with this company since 2 years 10 months .

  • Director Appointment

    Malvika Sahni Sinha was appointed as a Director was appointed as a Director on 19 May 2022 & has been associated with this company since 3 years 1 day .

Frequently asked questions

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

    National Asset Reconstruction Company Limited was incorporated on 07 Jul 2021.

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

    The authorized share capital of National Asset Reconstruction Company Limited is ₹ 2,750.00 Cr and paid-up capital is ₹ 2,750.00 Cr.

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

    Currently 8 directors are associated with National Asset Reconstruction Company Limited.

    • Diwakar Gupta
    • Malvika Sahni Sinha
    • Santhosh Parameswaran
    • Ajit Krishnan Nair
    • Kapil Soni
    • Santhosh Parameswaran
    • Arindam Biswas
    • Richard Andrew Mendonca

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

    As per Ministry of Corporate Affairs (Mca), the registered address of National Asset Reconstruction Company Limited is Unit No.1 8Th Floor Birla Centurion Wing B Plot No.794 Pandurang Bhudhar Marg, Worli India, Mumbai, Maharashtra, 400030.

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

    The corporate identification number (CIN) of National Asset Reconstruction Company Limited is U67100MH2021GOI363511 and the company number is 363511 as per Ministry of Corporate Affairs (MCA).

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

    The Official website of National Asset Reconstruction Company Limited is https://www.narcl.co.in

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

    According to the financial reports for the fiscal year 2023, the revenue trend for National Asset Reconstruction Company Limited has risen by 808.47%.

  • How many employees does National Asset Reconstruction Company Limited currently have?

    As Per 2023 financial reports, 19 employees are currently employed by National Asset Reconstruction Company Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of National Asset Reconstruction Company Limited has experienced an upsurge of 2.01%.

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

    The most recent Balance Sheet for National Asset Reconstruction Company Limited was filed with the ROC on 31 Mar 2023.

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