About
Basic Data Updated:
19 days agoARCIL, a leading asset reconstruction company, specializes in resolving non-performing loans. The company, which is sponsored by prominent banks and financial institutions such as State Bank of India, IDBI Bank, ICICI Bank, and Punjab National Bank, is regulated by the Reserve Bank of India as a Non-Banking Financial Company (NBFC). Headquartered in Mumbai, ARCIL also has offices in Ahmedabad, Hyderabad, Delhi, Ludhiana, Lucknow, and Kolkata, among other locations.
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
CIN/LLPIN/FCRN | U65999MH2002PLC134884 |
Company No. | 134884 |
Company Classification | Public Limited Indian Non-Government Company |
Incorporation Date | 11 Feb 2002 |
Date of AGM | 27 Jun 2023 |
Date of Balance Sheet | 31 Mar 2023 |
Listing Status | Unlisted |
ROC Code | Roc Mumbai |
Financials of Asset Reconstruction Company (India) Limited
Asset Reconstruction Company (India) Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 75.6% increase. The company also saw a substantial improvement in profitability, with a 264.76% increase in profit. The company's net worth moved up by a moderate rise of 7.59%.
Corporate Structure
Unlock access to Asset Reconstruction Company (India)'s control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Asset Reconstruction Company (India) Limited
Unlock and access historical data on people associated with Asset Reconstruction Company (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (3)
PM
Pallav Mohapatra Managing DirectorAppointment Date: 08-Mar-2021
Status: Current
PG
Pramod Gupta CFOAppointment Date: 01-Apr-2014
Status: Current
AK
Ameet Kela Company SecretaryAppointment Date: 09-Jul-2012
Status: Current
Board Members(7)
Charges (Loans)
Lender | Amount | Status |
---|---|---|
Others Creation Date: 19 Mar 2024 | ₹100.00 Cr | Open |
Hdfc Bank Limited Creation Date: 01 Oct 2020 | ₹100.00 Cr | Open |
Others Creation Date: 19 Sep 2018 | ₹50.00 Cr | Open |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Asset Reconstruction Company (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 Asset Reconstruction Company (India)'s trajectory.
Rating
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Alert
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Related Corporates (Common Directorship)
Recent activity within the organization
Charges
A charge with Others amounted to Rs. 100.00 cr with Charge ID 100898870 was registered on 19 Mar 2024.
19 Mar 2024Charges
A charge registered on 19 Sep 2018 via Charge ID 100226307 with Others was fully satisfied on 12 Feb 2024.
12 Feb 2024Annual General Meeting
Asset Reconstruction Company (India) Limited last Annual general meeting of members was held on 27 Jun 2023 as per latest MCA records.
27 Jun 2023Balance Sheet
Asset Reconstruction Company (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
31 Mar 2023Charges
A charge with Others of Rs. 20.00 cr registered on 19 Sep 2018 with Charge ID 100218584 was modified on 18 Aug 2022.
18 Aug 2022
Recent News, Updates & Announcement
- ARCIL buys 1100crore loans from RBL Bandhan Bank.
B2BCHIEF 07 Jan 2024
- Arcil FY23 net profit up 67 on higher recoveries.
Net profit in fiscal 2023 rose to 239 crore from 143 crore the year earlier Loan acquisitions last fiscal year grew 87 to 4300 crore while recoveries increased 20 to 2750 crore.
Economic Times 08 Jul 2023
- Arcil offers Rs 700 crore for Xrbia bad loan portfolio.
India Infoline 28 Mar 2023
- CarVal Investors Arcil get lenders approval to buy two Uttam Galva units.
VCCircle 24 Apr 2019
- Avenue to pick up 27 stake in Arcil.
The Hindu 12 Nov 2018
Frequently asked questions
What is the Incorporation or founding date of Asset Reconstruction Company (India) Limited?