Pridhvi Asset Reconstruction And Securitisation Company Limited

Acquires and resolves delinquent assets for banks in Andhra Pradesh.

2007 | Hyderabad, Telangana (India) | Active
Last Updated: June 17, 2024

Pridhvi Asset Reconstruction And Securitisation Company Profile

Key Indicators

  • Authorised Capital ₹ 200.00 Cr
  • Paid Up Capital ₹ 120.59 Cr
  • Company Age 17 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 154.08 Cr
  • Satisfied Charges ₹ 475.01 Cr
  • Revenue Growth 8.47%
  • Profit Growth -58.88%
  • Ebitda -35.01%
  • Net Worth 4.95%
  • Total Assets -52.31%

About Pridhvi Asset Reconstruction And Securitisation Company

Pridhvi Asset Reconstruction And Securitisation Company Limited (PARASCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 27 March 2007 and has a history of 17 years and ten months. Its registered office is in Hyderabad, Telangana, 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 200.00 Cr and a paid-up capital of Rs 120.59 Cr.

The company currently has active open charges totaling ₹154.08 Cr. The company has closed loans amounting to ₹475.01 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Pridhvi Asset Reconstruction And Securitisation Company Limited India are Vani Vemula as Company Secretary, Sridhar Rangarao as Cfo, and Mallikarjuna Ratakonda as Ceo. Sujatha Kanuru, Surapaneni Rao, Kamesam Vepa, and Four other members serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    paras.org.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U67120TG2007PLC053327

  • Company No.

    053327

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Mar 2007

  • Date of AGM

    04 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Financial Services

Who are the key members and board of directors at Pridhvi Asset Reconstruction And Securitisation Company?

Executive Team (3)

NameDesignationAppointment DateStatus
Vani Vemula Country flag representing In Company Secretary03-Sep-2010Current
Sridhar Rangarao Country flag representing In CFO14-Jun-2014Current
Mallikarjuna Ratakonda CEO08-Apr-2024Current

Board Members (6)

NameDesignationAppointment DateStatus
Richard Saldanha Country flag representing In Director 18-Jul-2020Current
Sujatha Kanuru Country flag representing In Director 20-Mar-2015Current
Surapaneni Rao Country flag representing In Director 21-Oct-2020Current
Kamesam Vepa Country flag representing In Director 06-Sep-2010Current
Pamidi Kotaiah Country flag representing In Director 29-Mar-2007Current
Siva Motaparti Country flag representing In Director 29-Mar-2007Current

Financial Performance of Pridhvi Asset Reconstruction And Securitisation Company.

Pridhvi Asset Reconstruction And Securitisation Company Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.47% increase. The company also saw a substantial fall in profitability, with a 58.88% decrease in profit. The company's net worth moved up by a moderate rise of 4.95%.

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
8.47%
Revenue from Operations
7.45%
Total Assets
-52.31%
Profit or Loss
-58.88%
Net Worth
4.95%
EBITDA
-35.01%

What is the Ownership and Shareholding Structure of Pridhvi Asset Reconstruction And Securitisation Company?

In 2023, Pridhvi Asset Reconstruction And Securitisation Company had a promoter holding of 75.25% and a public holding of 24.75%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹154.08 Cr

Satisfied Charges

₹475.01 Cr

Charges Breakdown by Lending Institutions

  • Others : 154.08 Cr

Latest Charge Details

DateLenderAmountStatus
29 Sep 2022Others₹10.00 CrOpen
06 Aug 2022Others₹69.08 CrOpen
31 May 2022Others₹25.00 CrOpen
13 Aug 2012Others₹50.00 CrOpen
10 May 2022Others₹447.01 CrSatisfied

How Many Employees Work at Pridhvi Asset Reconstruction And Securitisation Company?

Unlock and access historical data on people associated with Pridhvi Asset Reconstruction And Securitisation 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 Pridhvi Asset Reconstruction And Securitisation 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 Pridhvi Asset Reconstruction And Securitisation 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 Pridhvi Asset Reconstruction And Securitisation Company

Recent activity within the organization

  • Director Appointment

    Mallikarjuna Ratakonda was appointed as a Ceo was appointed as a Ceo on 08 Apr 2024 & has been associated with this company since 10 months 14 days .

    08 Apr 2024

  • Director Appointment

    Mallikarjuna Ratakonda was appointed as a Managing Director was appointed as a Managing Director on 08 Apr 2024 & has been associated with this company since 10 months 14 days .

    08 Apr 2024

  • Charges

    A charge with Others of Rs. 50.00 Cr registered on 13 Aug 2012 with Charge ID 10374283 was modified on 06 Nov 2023.

    06 Nov 2023

  • Annual General Meeting

    Pridhvi Asset Reconstruction And Securitisation Company Limited last Annual general meeting of members was held on 04 Sep 2023 as per latest MCA records.

    04 Sep 2023

  • Balance Sheet

    Pridhvi Asset Reconstruction And Securitisation Company Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge registered on 10 May 2022 via Charge ID 100592768 with Others was fully satisfied on 27 Mar 2023.

    27 Mar 2023

Frequently asked questions

  • Pridhvi Asset Reconstruction And Securitisation Company Limited was incorporated on 27 Mar 2007.

  • The authorized share capital of Pridhvi Asset Reconstruction And Securitisation Company Limited is ₹ 200.00 Cr and paid-up capital is ₹ 120.59 Cr.

  • Currently 10 directors are associated with Pridhvi Asset Reconstruction And Securitisation Company Limited.

    • Vani Vemula
    • Sridhar Vallabhaneni Rangarao
    • Sujatha Rao Kanuru
    • Surapaneni Sree Rama Koteswara Rao
    • Kamesam Vepa
    • Richard Blaise Sebastian Saldanha
    • Pamidi Kotaiah
    • Mallikarjuna Ratakonda
    • Mallikarjuna Ratakonda
    • Siva Rama Vara Prasad Motaparti
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pridhvi Asset Reconstruction And Securitisation Company Limited is 'Raja Praasadamu' 4Th Floor Wing No.1 Plot No. 6 6A 6B Masjid Banda Road K, Ondapur, Hyderabad, Telangana, India, 500084.

  • The corporate identification number (CIN) of Pridhvi Asset Reconstruction And Securitisation Company Limited is U67120TG2007PLC053327 and the company number is 053327 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Pridhvi Asset Reconstruction And Securitisation Company Limited is https://www.paras.org.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Pridhvi Asset Reconstruction And Securitisation Company Limited has risen by 8.47%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Pridhvi Asset Reconstruction And Securitisation Company Limited has experienced an upsurge of 4.95%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Pridhvi Asset Reconstruction And Securitisation Company Limited amount to ₹ 154.08 Cr.

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

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