India Sme Asset Reconstruction Company Limited logo

India Sme Asset Reconstruction Company Limited

Specializes in managing non-performing assets of small and medium enterprises through securitization and asset reconstruction.

2008 Mumbai, Maharashtra (India) Active

About

Basic Data Updated:

12 days ago

The business of Securitization and Asset Reconstruction is carried out by India SME Asset Reconstruction Company Limited, which is registered with the Reserve Bank of India (RBI). This company was established to focus on the non-performing assets of micro, small, and medium enterprises. Its main objective, as stated in its Memorandum of Association (MoA), is to engage in securitization and/or asset reconstruction. This includes the acquisition, purchase, assignment, and management of various assets, such as financial assets, property, and secured assets. The company also aims to assist and participate in the securitization, realization, restructuring, and reconstruction of financial assets. All of these activities are carried out under the provisions of the Securitization and Reconstructi... Read More

Industry

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Website
    1222442
  • Telephone
    1222442
  • Email Address
    1222442
CIN/LLPIN/FCRNU67190MH2008PLC181062
Company No.181062
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date11 Apr 2008
Date of AGM29 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Mumbai

Financials of India Sme Asset Reconstruction Company Limited

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India Sme Asset Reconstruction Company Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 100% decrease. The company also saw a substantial fall in profitability, with a 99.99% decrease in profit. The company's net worth observed a substantial decline by a decrease of 100%.

Enhance accessibility to India Sme Asset Reconstruction Company's financial data by unlocking access to both Standalone and Consolidated balance sheets, Profit & Loss Statements, Ratios, Related Party Transactions, and additional relevant information.

Corporate Structure

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People in India Sme Asset Reconstruction Company Limited

Executive Team (3)

  • AM

    Amitabh Misra Managing Director

    Appointment Date: 16-Feb-2024

    Status: Current

  • KM

    Ketki Muzumdar In Company Secretary

    Appointment Date: 07-Sep-2021

    Status: Current

  • P

    Prakash CFO

    Appointment Date: 13-Jul-2020

    Status: Current

Board Members(8)

Charges (Loans)

Charges

There are no open charges registered against the company as per our records.

Deals i

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Gain comprehensive insights into the Deals and Valuation data of India Sme Asset Reconstruction Company, 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 India Sme Asset Reconstruction Company's trajectory.

Rating

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Alert

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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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Recent activity within the organization

  • Activity

    Director Appointment

    Sankaran Gomathi Ananthakrishnan was appointed as a Nominee Director was appointed as a Nominee Director on 22 Feb 2024 & has been associated with this company since 2 months 11 days .

    22 Feb 2024
  • Activity

    Director Appointment

    Amitabh Misra was appointed as a Managing Director was appointed as a Managing Director on 16 Feb 2024 & has been associated with this company since 2 months 17 days .

    16 Feb 2024
  • Activity

    Director Appointment

    Amitabh Misra was appointed as a Ceo was appointed as a Ceo on 16 Feb 2024 & has been associated with this company since 2 months 17 days .

    16 Feb 2024
  • Activity

    Annual General Meeting

    India Sme Asset Reconstruction Company Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023
  • Activity

    Balance Sheet

    India Sme Asset Reconstruction Company Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

Frequently asked questions

What is the Incorporation or founding date of India Sme Asset Reconstruction Company Limited?

India Sme Asset Reconstruction Company Limited was incorporated 16 years 21 days ago on 11 Apr 2008 with Registrar of Companies Roc Mumbai.

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