Pridhvi Asset Reconstruction And Securitisation Company Limited

Acquires and resolves delinquent assets for banks in Andhra Pradesh.

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

Pridhvi Asset Reconstruction And Securitisation Company Profile

Key Indicators

  • Authorised Capital ₹ 200.00 Cr
  • Paid Up Capital ₹ 120.59 Cr
  • Company Age 18 Year, 7 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 151.00 Cr
  • Satisfied Charges ₹ 655.79 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 18 years. 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 2024. 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 ₹151.00 Cr. The company has closed loans amounting to ₹655.79 Cr, as per Ministry of Corporate Affairs (MCA) records.

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

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • 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

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • 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
Mallikarjuna Ratakonda Country flag representing In Managing Director04-Apr-2024Current
Vani Vemula Country flag representing In Company Secretary03-Sep-2010Current
Sridhar Rangarao Country flag representing In CFO14-Jun-2014Current

Board Members (5)

NameDesignationAppointment DateStatus
Richard Saldanha Country flag representing In Director 18-Jul-2020Current
Ramesh Nimmagadda Country flag representing In Director 10-Jun-2024Current
Sujatha Kanuru Country flag representing In Director 20-Mar-2015Current
Siva Motaparti Country flag representing In Director 29-Mar-2007Current
Surapaneni Rao Country flag representing In Director 21-Oct-2020Current

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%.

Pridhvi Asset Reconstruction And Securitisation Company revenue growth over time
Pridhvi Asset Reconstruction And Securitisation 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
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

₹151.00 Cr

Satisfied Charges

₹655.79 Cr

Charges Breakdown by Lending Institutions

  • Others : 151.00 Cr

Latest Charge Details

DateLenderAmountStatus
30 Oct 2024Others₹30.00 CrOpen
17 Oct 2024Others₹6.00 CrOpen
24 Nov 2023Others₹30.00 CrOpen
29 Sep 2022Others₹10.00 CrOpen
31 May 2022Others₹25.00 CrOpen

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.

Employee growth trends for Pridhvi Asset Reconstruction And Securitisation Company Limited

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

  • Charges

    A charge with Others amounted to Rs. 30.00 Cr with Charge ID 101018564 was registered on 30 Oct 2024.

  • Charges

    A charge with Others amounted to Rs. 6.00 Cr with Charge ID 101017335 was registered on 17 Oct 2024.

  • Charges

    A charge registered on 16 Jan 2024 via Charge ID 100868409 with Others was fully satisfied on 07 Oct 2024.

  • Annual General Meeting

    Pridhvi Asset Reconstruction And Securitisation Company Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Director Appointment

    Ramesh Kumar Nimmagadda was appointed as a Director was appointed as a Director on 10 Jun 2024 & has been associated with this company since 9 months 23 days .

  • Charges

    A charge registered on 06 Aug 2022 via Charge ID 100645892 with Others was fully satisfied on 23 Apr 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Pridhvi Asset Reconstruction And Securitisation Company Limited?

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

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

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

  • Who are the current board members & directors of Pridhvi Asset Reconstruction And Securitisation Company Limited?

    Currently 9 directors are associated with Pridhvi Asset Reconstruction And Securitisation Company Limited.

    • Mallikarjuna Ratakonda
    • Ramesh Kumar Nimmagadda
    • Mallikarjuna Ratakonda
    • Vani Vemula
    • Sujatha Rao Kanuru
    • Richard Blaise Sebastian Saldanha
    • Siva Rama Vara Prasad Motaparti
    • Sridhar Vallabhaneni Rangarao
    • Surapaneni Sree Rama Koteswara Rao

  • What is the registered address of Pridhvi Asset Reconstruction And Securitisation Company Limited?

    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 India, Hyderabad, Telangana, 500084.

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

    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).

  • What is the official website of Pridhvi Asset Reconstruction And Securitisation Company Limited?

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

  • What has been the recent revenue trend for Pridhvi Asset Reconstruction And Securitisation Company Limited?

    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%.

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

    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%.

  • What are the total open charges for Pridhvi Asset Reconstruction And Securitisation Company Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Pridhvi Asset Reconstruction And Securitisation Company Limited amount to ₹ 151.00 Cr.

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

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

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