Asrec (India) Limited - Company Profile

Q: Who are the current directors of Asrec (India) Limited?

The current directors of Asrec (India) Limited are Kodumudi Pranatharthiharan Krishnan, Angad Kumar Roy, Girish Sharan Sinha, Varagoor Nagarajan Maya, Athiyur Badrinarayanan Vijayakumar, Deepak Kumar Gupta, Natarajan Ranganathan, Vijayendra Parthasarthy Badida, Malika Prasad, Chhaya Piyush Patel, Vipan Singh.

It is a financial services public limited union government company based in Andheri Kurla Road, Maharashtra, India, established in 2003.

2003 Andheri Kurla Road, Maharashtra, India Active

Last Updated: January 08, 2026

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About Asrec (India) Limited

Asrec (India) Limited, a active public limited union government company, was established on 25 November 2003 in Andheri Kurla Road, Maharashtra, India. Engaging in asset reconstruction firms within the financial and insurance service sector, it holds CIN: U67100MH2003GOI143291. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹125.00 Cr and a paid-up capital of ₹98.00 Cr.

It upholds a compliant status. Employing 45 professional, Its leadership includes Kodumudi Pranatharthiharan Krishnan (Director), Girish Sharan Sinha (Managing Director), Varagoor Nagarajan Maya (Nominee Director). Past directors included Ashok Kumar Mahajan, Kodumudi Pranatharthiharan Krishnan, Keshav Kumar Misra. It holds ₹18.10 Cr open charges and ₹86.55 Cr settled loans. Its latest AGM occurred on 24 September 2024, with the balance sheet filed on 31 March 2024. It is based at Unit No. 201, 200A, 202 & 200B, Ground Floor, Build No. 2, Solitaire Corporate Park, A, Ndheri (E), Andheri Kurla Road, Maharashtra, 400059.

Company Details

CIN/LLPIN
U67100MH2003GOI143291
Registration Number
143291
Incorporation Date
25 November 2003
Authorized Capital
₹125.00 Cr
Paid-Up Capital
₹98.00 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 125.00 Cr as on 08-01-2026
Paid Up Capital ₹ 98.00 Cr as on 08-01-2026
Company Age 22 Year, 2 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 18.10 Cr as on 08-01-2026
Satisfied Charges ₹ 86.55 Cr as on 08-01-2026
Revenue Growth **** -28.15% (FY 2023)
Profit Growth **** -11.76% (FY 2023)
Ebitda **** -13.58% (FY 2023)
Net Worth 9.85% (FY 2023)
Total Assets **** 5.26% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Asrec (India) Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Asrec (India) Limited?

Current Directors

Name	Designation	Appointment Date	Status
Kodumudi Pranatharthiharan Krishnan	Director	25 Apr 2023	Current
Girish Sharan Sinha	Managing Director	01 Oct 2019	Current
Varagoor Nagarajan Maya	Nominee Director	27 Feb 2024	Current
Athiyur Badrinarayanan Vijayakumar	Director	08 Apr 2024	Current
Deepak Kumar Gupta	Nominee Director	14 Jun 2024	Current
Natarajan Ranganathan	Additional Director	27 Jan 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Cfo(Kmp)	31 Mar 2018	Past
Pramod Abcsdd	Additional Director	26 Sep 2023	Past
Pramod Abcsdd	Nominee Director	30 Apr 2014	Past
Pramod Abcsdd	Nominee Director	04 Jul 2012	Past
Pramod Abcsdd	Additional Director	06 Feb 2024	Past
Pramod Abcsdd	Managing Director	15 Jul 2009	Past

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Financial Performance of Asrec (India).

Asrec (India) Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 28.15% decrease. The company also saw a substantial fall in profitability, with a 11.76% decrease in profit. The company's net worth moved up by a moderate rise of 9.85%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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

********

-28.15%

*******

Revenue from Operations

*******

-28.42%

*******

Total Assets

*******

5.26%

*******

Profit or Loss

*******

-11.76%

*******

Net Worth

*******

9.85%

*******

EBITDA

*******

-13.58%

*******

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What is the Ownership and Shareholding Structure of Asrec (India)?

In 2023, Asrec (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹181,000,000.00

Satisfied Charges

₹865,500,000.00

Charges Breakdown by Lending Institutions

Others : 18.10 Cr

Latest Charge Details

Date	Lender	Amount	Status
04 Dec 2020	Others	₹8.00 Cr	Open
29 Sep 2020	Others	₹1.00 M	Open
11 Aug 2020	Others	₹10.00 Cr	Open
20 Feb 2020	Others	₹36.55 Cr	Satisfied
29 Mar 2011	Canara Bank	₹50.00 Cr	Satisfied

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How Many Employees Work at Asrec (India)?

Asrec (India) has a workforce of 45 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Asrec (India), 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 Asrec (India)'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.

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Latest Updates, News, and FAQs on Asrec (India)

Recent Activity within the Organization

Director Appointment

Malika Prasad was appointed as a Additional Director was appointed as a Additional Director on 24 Mar 2025 & has been associated with this company since 10 months 20 days . was recorded as a recent event.
24 Mar 2025
Charges

Progress on A charge registered on 20 Feb 2020 via Charge ID 100331047 with Others was fully satisfied on 20 Mar 2025. was documented.
20 Mar 2025
Director Appointment

The activity Chhaya Piyush Patel was appointed as a Company Secretary was appointed as a Company Secretary on 07 Feb 2025 & has been associated with this company since 1 year 4 days . was completed.
07 Feb 2025
Director Appointment

Progress on Natarajan Ranganathan was appointed as a Additional Director was appointed as a Additional Director on 27 Jan 2025 & has been associated with this company since 1 year 15 days . was documented.
27 Jan 2025
Annual General Meeting

The activity Asrec (India) Limited last Annual general meeting of members was held on 24 Sep 2024 as per latest MCA records. was completed.
24 Sep 2024
Director Appointment

Vipan Singh was appointed as a Additional Director was appointed as a Additional Director on 29 Aug 2024 & has been associated with this company since 1 year 5 months . was recorded as a recent event.
29 Aug 2024

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