About Distress Asset Specialist Limited
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Distress Asset Specialist Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of The Investment Trust Of India Limited. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 15 October 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH2013PLC249239. Its GSTIN is 27AAMCA1226D1Z2 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Distress Asset Specialist Private Limited and Ad Advisors Private Limited. It is led by directors including Jayesh Dhirajlal Valia and Jignesh Prabhudas Sangani.
Its last annual general meeting (AGM) was held on 25 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Iti House 36 Dr. R. K. Shirodkar Marg Parel, Mumbai, Maharashtra, India – 400012.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.67 Lakh, a growth of 51% compared to the previous year. For the same year it recorded a net profit of ₹15.7 Lakh (net margin 66.3%) and EBITDA of ₹21.13 Lakh (EBITDA margin 89.3%). Revenue has declined at a compounded annual rate (CAGR) of 61% over three years.
The company has 1 deal on record (1 acquisition); the latest was in September 2015.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website itiorg.com.
Company details
Name history
Distress Asset Specialist has undergone 2 name changes throughout its history. The company was previously known as Distress Asset Specialist Private Limited, and Ad Advisors Private Limited. The current legal name is Distress Asset Specialist Limited.
| Company Name | Status |
|---|---|
| Distress Asset Specialist Limited | Current |
| Distress Asset Specialist Private Limited | Previous |
| Ad Advisors Private Limited | Previous |
CIN history
Distress Asset Specialist has one previous CIN (Corporate Identification Number): U67190MH2013PTC249239. The current CIN is U67190MH2013PLC249239, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67190MH2013PLC249239 | Current |
| U67190MH2013PTC249239 | Previous |
Contact details
Distress Asset Specialist Limited's registered office is in Mumbai, Maharashtra. Its website is itiorg.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressIti House 36 Dr. R. K. Shirodkar Marg Parel, Mumbai, Maharashtra, India – 400012
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Distress Asset Specialist Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Distress Asset Specialist is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Distress Asset Specialist Limited, buy the company report.
Financials of Distress Asset Specialist Limited
FY 2025 filings availableDistress Asset Specialist Limited reported revenue of ₹23.67 Lakh (up 51% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 51% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 61%. EBITDA rose 71% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹21.13 Lakh | ||||
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| Net Profit (PAT) | ₹15.7 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 89.3% | ||||
| Net Profit Margin | 66.3% | ||||
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To see the full financial statements and ratios of Distress Asset Specialist Limited, buy the company report.
Board of directors of Distress Asset Specialist Limited
Distress Asset Specialist has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayesh Dhirajlal Valia Also directs: Antique Stock Broking (Ifsc) Limited, Iti Gilts Limited, Antique Stock Broking Limited and 2 more | Director | 16 Apr 2025 | 1 Years 6 Months | Current |
| Jignesh Prabhudas Sangani Also directs: Antique Stock Broking (Ifsc) Limited, Iti Gilts Limited, Antique Stock Broking Limited and 1 more | Director | 30 Jan 2025 | 1 Years 9 Months | Current |
| Chander Muniraju | Director | 30 Jan 2025 | 1 Years 9 Months | Current |
Auditor
Distress Asset Specialist Limited is audited by Bathiya & Associates Llp for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Bathiya & Associates Llp | FY 2022 | 101046W |
Shareholding
The shareholding of Distress Asset Specialist Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Distress Asset Specialist Limited, buy the company report.
Deals & funding
Distress Asset Specialist Limited has 1 deal on record (1 acquisition); the latest was in September 2015.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2015 | Acquisition | Undisclosed | Buyer: The Investment Trust Of India Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Distress Asset Specialist Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Distress Asset Specialist Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Distress Asset Specialist has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMCA1226D1Z2 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Distress Asset Specialist Limited, buy the company report.
Recent activity
Distress Asset Specialist Limited has 12 board changes on record since 2016: 3 appointments and 9 cessations. The latest: Chander Muniraju ceased to be Additional Director on 24 Aug 2025.
3 earlier events are in the company report.
Frequently asked questions
Distress Asset Specialist is an active public limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 15 October 2013 (13+ years old) and is registered under CIN U67190MH2013PLC249239.
Distress Asset Specialist has 3 current directors:
- Jayesh Dhirajlal Valia - Director
- Jignesh Prabhudas Sangani - Director
- Chander Muniraju - Director
The latest financial statements of Distress Asset Specialist on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Distress Asset Specialist is 27AAMCA1226D1Z2, registered in Maharashtra.
The CIN (Corporate Identification Number) of Distress Asset Specialist is U67190MH2013PLC249239. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Distress Asset Specialist was incorporated on 15 October 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
Distress Asset Specialist has 1 deal on record (1 acquisition); the latest was in September 2015.
Chander Muniraju ceased to be Additional Director on 24 Aug 2025. Jayesh Dhirajlal Valia ceased to be Additional Director on 24 Aug 2025. Jignesh Prabhudas Sangani ceased to be Additional Director on 24 Aug 2025. Distress Asset Specialist has 12 board changes on record in total.
Distress Asset Specialist can be reached through the website itiorg.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Distress Asset Specialist is at Iti House 36 Dr. R. K. Shirodkar Marg Parel, Mumbai, Maharashtra, India – 400012.
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