National Asset Reconstruction Company Profile
Key Indicators
- Authorised Capital ₹ 2,750.00 Cr
- Paid Up Capital ₹ 2,750.00 Cr
- Company Age 3 Year, 7 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 seven months 17 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
Who are the key members and board of directors at National Asset Reconstruction Company?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Santhosh Parameswaran  | Managing Director | 13-Feb-2024 | Current |
| Kapil Soni | Company Secretary | 17-Aug-2022 | Current |
| Arindam Biswas | CFO | 14-Oct-2022 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Diwakar Gupta | Director | Current | |
| Malvika Sinha | Director | 19-May-2022 | Current |
| Ajit Nair | Nominee Director | 07-Jul-2021 | Current |
| Richard Mendonca | Director | 19-Jul-2022 | Current |
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%.
- Key Matrics
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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.
Related Corporates (Common Directorship)
Sbicap Securities LimitedRichard Mendonca is a mutual person
Smfg India Credit Company LimitedDiwakar Gupta is a mutual person
Tata Capital Housing Finance LimitedMalvika Sinha is a mutual person
Srei Infrastructure Finance LimitedSanthosh Parameswaran is a mutual person
- Srei Equipment Finance Limited
Santhosh Parameswaran is a mutual person
Bajaj Finserv Asset Management LimitedMalvika Sinha is a mutual person
Charges (Loans)
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.
Deals i
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
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.
