Reliable Asset Reconstruction Company Limited

Specializes in financial services, securitization, asset reconstruction, and asset management.

2011 | Mumbai, Maharashtra (India) | Active
Last Updated: January 17, 2025

Reliable Asset Reconstruction Company Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 13 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth %
  • Profit Growth -87.08%
  • Ebitda -541.26%
  • Net Worth -1.01%
  • Total Assets 6.02%

About Reliable Asset Reconstruction Company

Reliable Asset Reconstruction Company Limited (RARCL) is a Public Limited Indian Non-Government Company incorporated in India on 14 July 2011 and has a history of 13 years and seven months. 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 10.00 Cr and a paid-up capital of Rs 2.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Amardeep Prajapati, Jayant Kukde, and Karmbir Singh 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

    U74900MH2011PLC219784

  • Company No.

    219784

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 Jul 2011

  • Date of AGM

    21 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Reliable Asset Reconstruction Company?

Board Members (3)

NameDesignationAppointment DateStatus
Amardeep Prajapati Country flag representing In Additional Director 21-Jun-2021Current
Jayant Kukde Country flag representing In Additional Director 20-Mar-2021Current
Karmbir Singh Country flag representing In Additional Director 24-Sep-2022Current

Financial Performance of Reliable Asset Reconstruction Company.

Reliable Asset Reconstruction Company Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 87.08% decrease in profit. The company's net worth dipped by a decrease of 1.01%.

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
Revenue from Operations
Total Assets
6.02%
Profit or Loss
-87.08%
Net Worth
-1.01%
EBITDA
-541.26%

What is the Ownership and Shareholding Structure of Reliable Asset Reconstruction Company?

In 2023, Reliable Asset Reconstruction Company had a promoter holding of 19.90% and a public holding of 80.10%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Reliable Asset Reconstruction Company?

Unlock and access historical data on people associated with Reliable Asset Reconstruction 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 Reliable 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 Reliable Asset Reconstruction 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 Reliable Asset Reconstruction Company

Recent activity within the organization

  • Annual General Meeting

    Reliable Asset Reconstruction Company Limited last Annual general meeting of members was held on 21 Sep 2023 as per latest MCA records.

    21 Sep 2023

  • Balance Sheet

    Reliable Asset Reconstruction Company Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Karmbir Singh was appointed as a Additional Director was appointed as a Additional Director on 24 Sep 2022 & has been associated with this company since 2 years 5 months .

    24 Sep 2022

  • Director Appointment

    Amardeep Ramnihor Prajapati was appointed as a Additional Director was appointed as a Additional Director on 21 Jun 2021 & has been associated with this company since 3 years 8 months .

    21 Jun 2021

  • Director Appointment

    Jayant Ramaji Kukde was appointed as a Additional Director was appointed as a Additional Director on 20 Mar 2021 & has been associated with this company since 3 years 11 months .

    20 Mar 2021

  • Company Incorporation

    Reliable Asset Reconstruction Company Limited was registered on 14 Jul 2011 with Roc Mumbai & aged 13 years 7 months as per MCA records.

    14 Jul 2011

Frequently asked questions

  • Reliable Asset Reconstruction Company Limited was incorporated on 14 Jul 2011.

  • The authorized share capital of Reliable Asset Reconstruction Company Limited is ₹ 10.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Currently 3 directors are associated with Reliable Asset Reconstruction Company Limited.

    • Amardeep Ramnihor Prajapati
    • Jayant Ramaji Kukde
    • Karmbir Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Reliable Asset Reconstruction Company Limited is 396 Kamat Industrial Estate Veer Savarkar Marg, Prabhadevi India, Mumbai, Maharashtra, 400025.

  • The corporate identification number (CIN) of Reliable Asset Reconstruction Company Limited is U74900MH2011PLC219784 and the company number is 219784 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2023 indicates that The net worth of Reliable Asset Reconstruction Company Limited has experienced an downturn of -1.01%.

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

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