Rare Asset Reconstruction Limited logo

Rare Asset Reconstruction Limited

Asset reconstruction company specializing in acquisition and resolution of NPAs for financial institutions.

2015 Ahmedabad, Gujarat (India) Active

About

Basic Data Updated:

15 days ago

Raython Asset Reconstruction Private Limited, now known as Rare Asset Reconstruction Limited, has a rich history in the financial sector. The company, founded by Mr. Anil Bhandari, was established in 2015 with its registered office situated in the bustling city of Ahmedabad, Gujarat. RARL, as it is commonly referred to, specializes in asset reconstruction and caters to various financial institutions such as banks, FIs, and NBFCs. Their expertise lies in dealing with non-performing assets (NPAs) in the MSME sector. The company offers a range of services including acquisition, resolution, and business model restructuring. With their direct acquisition approach, RARL has successfully helped numerous clients in recovering their debts and improving their financial standing. Under the leadership of Mr. Bhandari, RARL has become a trusted name in the industry, known for its efficient and effective solutions. Their team of experts works tirelessly to provide customized and innovative strategies to meet the specific needs of each client. With a strong focus on ethical practices and a customer-centric approach, Rare Asset Reconstruction Limited continues to make a positive impact in the financial sector, helping businesses and institutions thrive.

Industry

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU74900GJ2015PLC084515
Company No.084515
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date16 Sep 2015
Date of AGM30 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Ahmedabad

Financials of Rare Asset Reconstruction Limited

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Rare Asset Reconstruction Limited, for the financial year ended 2021, experienced modest growth in revenue, with a 9.06% increase. The company also saw a substantial improvement in profitability, with a 165.72% increase in profit. The company's net worth moved up by a moderate rise of 3.96%.

Corporate Structure

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People in Rare Asset Reconstruction Limited

Executive Team (4)

  • DA

    Deepika Agarwal In Company Secretary

    Appointment Date: 07-Jan-2023

    Status: Current

  • UB

    Umesh Bafna In CFO

    Appointment Date: 08-Apr-2019

    Status: Current

  • SV

    Sandeep Vrat In CEO

    Appointment Date: 29-Sep-2016

    Status: Current

  • AB

    Anil Bhandari In Managing Director

    Appointment Date: 16-Sep-2015

    Status: Current

Board Members(4)

Charges (Loans)

Satisfied Charges

₹29.99 cr

LenderAmountStatus

Others

Creation Date: 15 Oct 2021
₹20.00 CrSatisfied

Others

Creation Date: 30 Jan 2021
₹9.99 CrSatisfied

Deals i

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Rating

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Alert

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Related Corporates (Common Directorship)

  • Bf Industrial Technology & Solutions Limited

    Bf Industrial Technology & Solutions Limited

    Active build-icon 35 years 2 months

    Deepika Agarwal is a mutual person

  • Renaissance Fiscal Services Private Limited

    Renaissance Fiscal Services Private Limited

    Active build-icon 11 years 10 months

    Anil Bhandari and Shikha Bhandari are mutual person

  • Prasan Corporate Advisors (Opc) Private Limited

    Prasan Corporate Advisors (Opc) Private Limited

    Active build-icon 8 years

    Sandeep Vrat is a mutual person

  • Recreation Production House Private Limited

    Recreation Production House Private Limited

    Active build-icon 15 years 15 days

    Anil Bhandari and Shikha Bhandari are mutual person

  • Sigma Polyfilms Pvt Ltd

    Sigma Polyfilms Pvt Ltd

    Active build-icon 30 years 7 months

    Shikha Bhandari is a mutual person

Recent activity within the organization

  • Activity

    Annual General Meeting

    Rare Asset Reconstruction Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023
  • Activity

    Balance Sheet

    Rare Asset Reconstruction Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023
  • Activity

    Director Appointment

    Dilip Kumar Daga was appointed as a Director was appointed as a Director on 24 Mar 2023 & has been associated with this company since 1 year 1 month .

    24 Mar 2023
  • Activity

    Charges

    A charge registered on 30 Jan 2021 via Charge ID 100414856 with Others was fully satisfied on 09 Nov 2022.

    09 Nov 2022
  • Activity

    Charges

    A charge registered on 15 Oct 2021 via Charge ID 100491680 with Others was fully satisfied on 26 Aug 2022.

    26 Aug 2022

Frequently asked questions

What is the Incorporation or founding date of Rare Asset Reconstruction Limited?

Rare Asset Reconstruction Limited was incorporated 8 years 8 months ago on 16 Sep 2015 with Registrar of Companies Roc Ahmedabad.

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