Harsh Assets Reconstruction Co.(India) Limited
About Harsh Assets Reconstruction Co.(India) Limited
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Harsh Assets Reconstruction Co.(India) Limited is a public limited company based in Chandigarh, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 23 March 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U65900CH2016PLC035996. Its GSTIN is 04AADCH9113P2ZC (Chandigarh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5.43 Lakh. It is led by directors including Harvijay Pal Singh (Managing Director) and Mayank Sareen.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at H. No. 3086/2 Sector 44 D, Chandigarh, India – 160047.
As per the financials filed for FY 2022, the company reported a revenue of ₹4.92 Lakh, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹42,946 (net margin 8.7%) and EBITDA of ₹1.09 Lakh (EBITDA margin 22.2%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 81% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Harsh Assets Reconstruction Co.(India) Limited's registered office is in Chandigarh, Chandigarh. Its e-mail address is in the company report.
- Email
- Registered AddressH. No. 3086/2 Sector 44 D, Chandigarh, India – 160047
- IndustryFinancial Services, Other Financial Intermediation
To see the full contact details of Harsh Assets Reconstruction Co.(India) 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 Harsh Assets Reconstruction Co.(India) is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Harsh Assets Reconstruction Co.(India) Limited, buy the company report.
Financials of Harsh Assets Reconstruction Co.(India) Limited
FY 2022 filings availableHarsh Assets Reconstruction Co.(India) Limited reported revenue of ₹4.92 Lakh (up 16% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 81% over five years, including 16% growth in the latest year. EBITDA rose 443% 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
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| EBITDA | ₹1.09 Lakh | ||||
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| Net Profit (PAT) | ₹42,946 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | 22.2% | ||||
| Net Profit Margin | 8.7% | ||||
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To see the full financial statements and ratios of Harsh Assets Reconstruction Co.(India) Limited, buy the company report.
Board of directors of Harsh Assets Reconstruction Co.(India) Limited
Harsh Assets Reconstruction Co.(India) has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harvijay Pal Singh | Managing Director | 09 Jul 2019 | 7 Years 4 Months | Current |
| Mayank Sareen | Director | 12 Sep 2020 | 6 Years 2 Months | Current |
| Amar Singh | Director | 23 Mar 2016 | 10 Years 7 Months | Current |
Peer comparison
Harsh Assets Reconstruction Co.(India) Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other support services to organizations), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Eminence Building Technologies Private Limited | ₹4.92 Lakh (FY 2020) | -40.0% | Delhi, India | |||
| J.K.Financial Services Private Limited | ₹4.92 Lakh (FY 2025) | 105.0% | Kanpur, Uttar Pradesh, India | |||
| Samvad Sustainable Solutions Private Limited | ₹4.92 Lakh (FY 2024) | 48.0% | Lucknow, Uttar Pradesh, India | |||
| Sadhiman Media (OPC) Private Limited | ₹4.92 Lakh (FY 2021) | -38.0% | Bhandup West Mumbai, Maharashtra, India | |||
| Valani Tech Private Limited | ₹4.92 Lakh (FY 2020) | Nagpur, Maharashtra, India | ||||
| Harsh Assets Reconstruction Co.(India) Limitedthis company | ₹4.92 Lakh (FY 2022) | ₹42,946 | 8.7% | 16.0% | Chandigarh, India | |
| Begivenheder Private Limited | ₹4.92 Lakh (FY 2021) | -38.0% | Kochi, Kerala, India | |||
| Giwit Services Private Limited | ₹4.92 Lakh (FY 2016) | -40.0% | Bangalore, Karnataka, India | |||
| Kasstrip Hospitality and Holidays Private Limited | ₹4.91 Lakh (FY 2024) | 883.0% | Darjeeling, West Bengal, India | |||
| Minute Safe Corporate Services Private Limited | ₹4.91 Lakh (FY 2021) | 6917.0% | Bangalore, Karnataka, India | |||
| International Chamber of GST Professionals | ₹4.91 Lakh (FY 2024) | 47.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Harsh Assets Reconstruction Co.(India) Limited, buy the company report.
Legal cases
No court or tribunal cases involving Harsh Assets Reconstruction Co.(India) 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 Harsh Assets Reconstruction Co.(India) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Harsh Assets Reconstruction Co.(India) has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 04AADCH9113P2ZC | Chandigarh | Active | 23 Jul 2019 |
To see the full GST registrations and return filing status of Harsh Assets Reconstruction Co.(India) Limited, buy the company report.
Recent activity
Harsh Assets Reconstruction Co.(India) Limited has 7 board changes on record since 2016: 3 appointments and 4 cessations. The latest: Harvijay Pal Singh ceased to be Additional Director on 12 Sep 2020.
Frequently asked questions
Harsh Assets Reconstruction Co.(India) is an active public limited company based in Chandigarh, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 23 March 2016 (10+ years old) and is registered under CIN U65900CH2016PLC035996.
Harsh Assets Reconstruction Co.(India) has 3 current directors:
- Harvijay Pal Singh - Managing Director
- Mayank Sareen - Director
- Amar Singh - Director
The latest financial statements of Harsh Assets Reconstruction Co.(India) on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Harsh Assets Reconstruction Co.(India) is 04AADCH9113P2ZC, registered in Chandigarh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Harsh Assets Reconstruction Co.(India) is U65900CH2016PLC035996. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Harsh Assets Reconstruction Co.(India) was incorporated on 23 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Harsh Assets Reconstruction Co.(India) by revenue are Eminence Building Technologies Private Limited, J.K.Financial Services Private Limited, Samvad Sustainable Solutions Private Limited, Sadhiman Media (OPC) Private Limited, Valani Tech Private Limited and 5 more, all in the same principal business activity (other support services to organizations).
Harvijay Pal Singh ceased to be Additional Director on 12 Sep 2020. Mayank Sareen was appointed as Director on 12 Sep 2020. Om Parkash Indal ceased to be Director on 12 Sep 2020. Harsh Assets Reconstruction Co.(India) has 7 board changes on record in total.
The registered office of Harsh Assets Reconstruction Co.(India) is at H. No. 30862 Sector 44 D, Chandigarh, India – 160047.
Harsh Assets Reconstruction Co.(India) operates in the financial services industry, in the other financial intermediation segment.
The compliance status of Harsh Assets Reconstruction Co.(India) is compliant as of 14 September 2026. The company is actively filing with the Registrar of Companies.
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