About ASREC
ASREC is a Financial Services company based in Mumbai (India) founded in 2004. Provider of asset reconstruction and securitization, resolving non-performing assets. The company has 45 employees. Its chief executive, as recorded, is Girish Sharan Sinha. Its Indian entity Asrec (India) Limited reported revenue of ₹104 Cr. Its focus areas include Service Providers to Banks, Debt Management, Non-Performing Assets Management and Debt Purchase.
Company details
Founded in 2004 and headquartered in Mumbai, India, ASREC operates in the financial services sector, focusing on asset reconstruction and securitization. Non-performing assets are purchased from financial institutions at negotiated prices, with resolution approaches employed to maximize recovery. Emphasis is placed on transparent processes, operational flexibility, and efficient rehabilitation of stressed assets within the Indian market.
- Headquarters Mumbai, India
- Employees 45
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website asrecindia.co.in
- Legal Name Asrec (India) Limited
- Date of Incorporation 25 Nov, 2003
- Jurisdiction Andheri Kurla Road, Maharashtra, India
- Annual Revenue₹104 Cr
FY 2025 · +33% YoY
- Net Loss-₹465 Cr
FY 2025 · -447% margin
- EBITDA-₹451 Cr
FY 2025 · -434% margin
- Employee Count45
Associated legal entities of ASREC
ASREC operates through Asrec (India) Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Asrec (India) Limited CIN U67100MH2003GOI143291 | Active | 25 Nov 2003 | Mumbai, Maharashtra | ₹104 Cr | 45 | 11 | View details |
Board of directors of Asrec (India) Limited (ASREC)
Asrec (India) Limited is the primary company behind ASREC. The board of Asrec (India) Limited currently have 9 directors; the longest-serving is Girish Sharan Sinha, appointed in 2019. 33 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Girish Sharan Sinha DIN 08495135 | Managing Director | 01 Oct 2019 | 7 yrs | Asrec (India) Limited |
| Kodumudi Pranatharthiharan Krishnan DIN 01099097 | Director | 25 Apr 2023 | 3 yrs 5 mo | Asrec (India) Limited |
| Vijayendra Parthasarthy Badida DIN 06630811 | Director | 17 Oct 2023 | 3 yrs | Asrec (India) Limited |
| Varagoor Nagarajan Maya DIN 10390814 | Nominee Director | 27 Feb 2024 | 2 yrs 7 mo | Asrec (India) Limited |
| Athiyur Badrinarayanan Vijayakumar DIN 10415237 | Director | 08 Apr 2024 | 2 yrs 6 mo | Asrec (India) Limited |
| Deepak Kumar Gupta DIN 10521564 | Nominee Director | 14 Jun 2024 | 2 yrs 4 mo | Asrec (India) Limited |
| Vipan Singh DIN 10641195 | Additional Director | 29 Aug 2024 | 2 yrs 1 mo | Asrec (India) Limited |
| Natarajan Ranganathan DIN 00218008 | Additional Director | 27 Jan 2025 | 1 yr 8 mo | Asrec (India) Limited |
| Malika Prasad DIN 10461841 | Additional Director | 24 Mar 2025 | 1 yr 6 mo | Asrec (India) Limited |
People of ASREC
1 people are tracked at ASREC (1 in leadership); the tracked headcount is 45.
| Name | Role | Group |
|---|---|---|
| CEO & MD | Leadership |
Complete people profiles for ASREC
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Financials of ASREC
Figures of Asrec (India) Limited, the primary company behind ASREC, for FY 2025. Revenue was ₹104 Cr (+33% year on year). Net loss was -₹465 Cr (-447% margin). EBITDA was -₹451 Cr (-434% margin). Revenue has grown at a compounded annual rate of +20% over three years and +30% over five years.
- ₹104 CrRevenue · FY 2025 · +33% YoY
- -₹465 CrNet loss · -447% margin
- -₹451 CrEBITDA · -434% margin
- ₹98.00 CrPaid-up capital
- 45Employees (provident fund records)
- +20%Revenue CAGR, 3 years
- +30%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Asrec (India) Limited are on its company page.
Detailed financial statements for ASREC
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Web traffic of ASREC
The website of ASREC (asrecindia.co.in) receives about 9.6K visits a month.
- Monthly visits9.6K
▲ 224.7% vs previous month
Websites whose visitors overlap most with ASREC. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| arcindia.co.in | 100% | #4,864,670 | View details | ||
| iarc.co.in | 88% | 18.2K | #1,108,678 | View details |
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Related news about Asrec
Complete news archive for ASREC
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Frequently Asked Questions about ASREC
ASREC was founded in 2004.
ASREC is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Girish Sharan Sinha is the CEO of ASREC, as recorded in our data.
ASREC has 45 employees.
The primary company behind ASREC, Asrec (India) Limited, reported revenue of ₹104 Cr for FY 2025, up 33% year on year.
Founded in 2004 and headquartered in Mumbai, India, ASREC operates in the financial services sector, focusing on asset reconstruction and securitization. Non-performing assets are purchased from financial institutions at negotiated prices, with resolution approaches employed to maximize recovery. Emphasis is placed on transparent processes, operational flexibility, and efficient rehabilitation of stressed assets within the Indian market.
ASREC operates through Asrec (India) Limited.
The legal entities of ASREC currently have 11 directors, including Kodumudi Pranatharthiharan Krishnan, Angad Kumar Roy, Girish Sharan Sinha and others.