About Indiabulls Asset Reconstruction Company Limited
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Indiabulls Asset Reconstruction Company Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Dhani Services Limited. It operates in the asset reconstruction firms segment of the financial services sector. It was incorporated on 02 November 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67110MH2006PLC305312. Its GSTIN is 27AABCI6021M1ZJ (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹98.7 Cr and a paid-up capital of ₹74.06 Cr. It is led by directors including Amit Ajit Gandhi (Whole-Time Director) and Sargam Kataria.
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹53.72 Cr, a decline of 26.87% compared to the previous year.
The company has about 1,415 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Indiabulls Asset Reconstruction Company. Court records list 509 cases involving the company, including 464 filed by the company and 46 filed against it; 353 cases are pending. The company has 14 deals on record (7 secondary share transfers, 3 funding rounds, 3 rights issues), with disclosed funding of ₹459.95 Cr; the latest was in September 2023.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indiabullsarc.com.
Company details
CIN history
Indiabulls Asset Reconstruction Company has one previous CIN (Corporate Identification Number): U67110DL2006PLC155167. The current CIN is U67110MH2006PLC305312, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67110MH2006PLC305312 | Current |
| U67110DL2006PLC155167 | Previous |
Contact details
Indiabulls Asset Reconstruction Company Limited's registered office is in Mumbai, Maharashtra. Its website is indiabullsarc.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOne International Center Tower – 1 4th Floor S. B. Marg Elphin, Stone (W), Mumbai, Maharashtra, India – 400013
- IndustryFinancial Services, Asset Reconstruction Firms
To see the full contact details of Indiabulls Asset Reconstruction Company 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
Brands
Indiabulls Asset Reconstruction Company operates one associated brand: Indiabulls Asset Reconstruction Company. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Asset reconstruction and management of distressed assets in India. | indiabullsarc.com |
Business activity
Indiabulls Asset Reconstruction Company operates primarily in the financial and insurance service sector. 2 business activities are registered with the MCA.
| Main activity group | Business activity | Share of turnover |
|---|---|---|
| Financial and insurance Service | Other financial activities |
To see the full business activity and turnover split of Indiabulls Asset Reconstruction Company Limited, buy the company report.
Financials of Indiabulls Asset Reconstruction Company Limited
FY 2025 filings availableIndiabulls Asset Reconstruction Company Limited reported revenue of ₹53.72 Cr (down 26.87% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 26.87% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Revenue from Operations | ₹53.72 Cr | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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To see the full financial statements and ratios of Indiabulls Asset Reconstruction Company Limited, buy the company report.
Board of directors of Indiabulls Asset Reconstruction Company Limited
Indiabulls Asset Reconstruction Company has 5 current directors and 36 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sargam Kataria Also directs: Dhani Loans and Services Limited, Mackennas Minerals Private Limited, Agni Television Private Limited and 5 more | Director | 03 Aug 2023 | 3 Years 3 Months | Current |
| Amit Ajit Gandhi Also directs: Dhani Loans and Services Limited, Indiabulls Nests Limited, Fintech Cloud Private Limited and 1 more | Whole-Time Director | 06 Sep 2016 | 10 Years 2 Months | Current |
| Aishwarya Katoch Also directs: Royal Expeditions Private Limited | Director | 06 Mar 2023 | 3 Years 8 Months | Current |
| Prem Prakash Mirdha Also directs: Indiabulls Condominiums Limited, Indiabulls Rural Finance Private Limited, Dhani Loans and Services Limited and 1 more | Director | 25 Jun 2023 | 3 Years 4 Months | Current |
| Swati Jain | Director | 30 Nov 2022 | 3 Years 11 Months | Current |
Auditor
Indiabulls Asset Reconstruction Company Limited is audited by Walker Chandiok & Co LLP for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co LLP | FY 2018 | 001076N/N500013 |
Shareholding
The shareholding of Indiabulls Asset Reconstruction Company Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Indiabulls Asset Reconstruction Company Limited, buy the company report.
Deals & funding
Indiabulls Asset Reconstruction Company Limited has 14 deals on record (7 secondary share transfers, 3 funding rounds, 3 rights issues), with disclosed funding of ₹459.95 Cr; the latest was in September 2023.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2023 | Rights issue | ₹7.98 Cr | Investors: Dhani Services Limited |
| Jun 2018 | Rights issue | ₹25 Cr | Investors: Dhani Services Limited |
| Apr 2017 | Funding round | ₹50 Cr | Investors: Dhani Services Limited |
| Jan 2017 | Rights issue | ₹40 Cr | Investors: Dhani Services Limited |
| Oct 2016 | Funding round | ₹4.9 Cr | Investors: Dhani Services Limited |
To see the full deal history of Indiabulls Asset Reconstruction Company Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Indiabulls Asset Reconstruction Company Limited has 509 court cases on record: 464 filed by Indiabulls Asset Reconstruction Company, 46 filed against it. 353 cases are pending and 156 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 447 | 8 | 340 |
| High courts | 46 | 28 | 11 |
| NCLAT | 8 | 6 | 1 |
| Supreme Court | 6 | 4 | 1 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 509)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North West, Delhi | Court case (Ex.COMM - Award by Arb.Comm) | Filed by the company against Vishal | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by India Bulls Asset Reconstruction Company Ltd | Pending |
| High Court | Writ petition | Filed against the company by Ireo Private Ltd. | Disposed |
| Madras High Court | Civil suit | Filed against the company | Pending |
| High Court of Kerala | Writ petition | Filed against the company | Pending |
To see the full case history of Indiabulls Asset Reconstruction Company Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Indiabulls Asset Reconstruction Company Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Indiabulls Asset Reconstruction Company Limited has a workforce of 1,415 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 1,415 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 |
To see the full employee and EPFO history of Indiabulls Asset Reconstruction Company Limited, buy the company report.
GST
Indiabulls Asset Reconstruction Company has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCI6021M1ZJ | Maharashtra | Active | 01 Sep 2017 |
| 07AABCI6021M1ZL | Delhi | Active | 01 Jul 2017 |
| 36AABCI6021M1ZK | Telangana | Active | 23 Mar 2024 |
To see the full GST registrations and return filing status of Indiabulls Asset Reconstruction Company Limited, buy the company report.
Recent activity
Indiabulls Asset Reconstruction Company Limited has 36 board changes on record since 2006: 6 appointments and 30 cessations. The latest: Aishwarya Katoch ceased to be Additional Director on 26 Sep 2023.
27 earlier events are in the company report.
News
Frequently asked questions
Indiabulls Asset Reconstruction Company is an active public limited company based in Mumbai, Maharashtra, India. The company works in asset reconstruction firms, within the financial services industry. It was incorporated on 02 November 2006 (20+ years old) and is registered under CIN U67110MH2006PLC305312.
Indiabulls Asset Reconstruction Company has 5 current directors:
- Amit Ajit Gandhi - Whole-Time Director
- Sargam Kataria - Director
- Aishwarya Katoch - Director
- Prem Prakash Mirdha - Director
- Swati Jain - Director
The latest financial statements of Indiabulls Asset Reconstruction Company on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Indiabulls Asset Reconstruction Company is 27AABCI6021M1ZJ, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 07AABCI6021M1ZL (Delhi), 36AABCI6021M1ZK (Telangana).
The CIN (Corporate Identification Number) of Indiabulls Asset Reconstruction Company is U67110MH2006PLC305312. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indiabulls Asset Reconstruction Company has 509 court cases on record: 464 filed by the company and 46 filed against it. 353 are pending. Most are in the district courts.
Indiabulls Asset Reconstruction Company was incorporated on 02 November 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Indiabulls Asset Reconstruction Company has 14 deals on record (7 secondary share transfers, 3 funding rounds, 3 rights issues), with disclosed funding of ₹459.95 Cr; the latest was in September 2023.
Aishwarya Katoch ceased to be Additional Director on 26 Sep 2023. Prem Prakash Mirdha ceased to be Additional Director on 26 Sep 2023. Sargam Kataria ceased to be Additional Director on 26 Sep 2023. Indiabulls Asset Reconstruction Company has 36 board changes on record in total.
Indiabulls Asset Reconstruction Company can be reached through the website indiabullsarc.com. Its registered office is in Mumbai, Maharashtra, India.
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