Rare Asset Reconstruction Profile
Key Indicators
- Authorised Capital ₹ 200.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 142.66 Cr
as on 16-11-2024
- Company Age 9 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 29.99 Cr
as on 16-11-2024
- Revenue 41.62%
(FY 2023)
- Profit -23.33%
(FY 2023)
- Ebitda -1.02%
(FY 2023)
- Net Worth 2.73%
(FY 2023)
- Total Assets 1.77%
(FY 2023)
About Rare Asset Reconstruction
The Corporate was formerly known as Raython Asset Reconstruction Private Limited. 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 142.66 Cr.
The company has closed loans amounting to ₹29.99 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Rare Asset Reconstruction Limited India are Sandeep Vrat as Ceo, Umesh Bafna as Cfo, and Deepika Agarwal as Company Secretary. Ramaswamy Iyer, Shikha Bhandari, Anil Bhandari, and Three other members serve as directors at the Company.
- CIN/LLPIN
U74900GJ2015PLC084515
- Company No.
084515
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
16 Sep 2015
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Rare Asset Reconstruction?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anil Bhandari  | Managing Director | 16-Sep-2015 | Current |
| Sandeep Vrat | CEO | 29-Sep-2016 | Current |
| Umesh Bafna | CFO | 08-Apr-2019 | Current |
| Deepika Agarwal | Company Secretary | 07-Jan-2023 | Current |
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ramaswamy Iyer | Director | 31-Mar-2018 | Current |
| Shikha Bhandari | Director | 08-Apr-2019 | Current |
| Dilip Daga | Director | 24-Mar-2023 | Current |
| Sandeep Vrat | Director and Ceo | 16-Sep-2015 | Current |
| Prashant Chakravorty | Director | 24-Jul-2024 | Current |
Financial Performance and Corporate Structure Insights of Rare Asset Reconstruction.
Rare Asset Reconstruction Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 41.62% increase. The company also saw a substantial fall in profitability, with a 23.33% decrease in profit. The company's net worth moved up by a moderate rise of 2.73%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Rare Asset Reconstruction?
In 2023, Rare Asset Reconstruction had a promoter holding of 63.99% and a public holding of 36.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Renaissance Fiscal Services Private LimitedActive 12 years 5 monthsShikha Bhandari and Anil Bhandari are mutual person
- Recreation Production House Private LimitedActive 15 years 7 months
Shikha Bhandari and Anil Bhandari are mutual person
- Prasan Corporate Advisors (Opc) Private LimitedActive 8 years 7 months
Sandeep Vrat is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 15 Oct 2021 | ₹20.00 Cr | Satisfied |
Others Creation Date: 30 Jan 2021 | ₹9.99 Cr | Satisfied |
How Many Employees Work at Rare Asset Reconstruction?
Unlock and access historical data on people associated with Rare Asset Reconstruction, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Rare Asset Reconstruction, 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 Rare Asset Reconstruction'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.
