About International Asset Reconstruction Company Private Limited
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International Asset Reconstruction Company Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Blackstone India Arc Sg Fdi Holding (Nq) Co. Pte. Ltd.. It operates in the asset reconstruction firms segment of the financial services sector. It was incorporated on 16 October 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2002PTC117357. Its GSTIN is 07AABCI1773J1ZI (Delhi). The company holds 6 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹300 Cr and a paid-up capital of ₹84.16 Cr. It was formerly known as First Asset Reconstruction Company Private Limited. It is led by directors including Abhishek Maheshwari (Managing Director) and Praveen Purushottam Kadle.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 406 DLF South Court Saket, New Delhi, Delhi, India – 110017.
As per the financials filed for FY 2025, the company reported a revenue of ₹64.91 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹20.85 Cr (net margin 32.1%) and EBITDA of ₹29.64 Cr (EBITDA margin 45.7%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 15% over five years.
The company has about 83 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Inter tio l Asset Reconstruction Company. As per MCA filings, the company has satisfied charges of ₹125 Cr on record. Court records list 596 cases involving the company, including 391 filed by the company and 205 filed against it; 117 cases are pending. The company has 11 deals on record (7 secondary share transfers, 4 funding rounds), with disclosed funding of ₹182.82 Cr; the latest was in May 2024. Its 7 peer companies in the BFSI industry (Asset Reconstruction Companies), with the same principal business activity (other financial activities) are compared by revenue, 3 larger and 4 smaller; the largest is Asrec (India) Limited with revenue of ₹103.9 Cr. The company has 4 MSME Form 1 returns on record between 2020 and 2023, listing 38 overdue payments to 10 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website iarc.co.in.
Company details
Contact details
International Asset Reconstruction Company Private Limited's registered office is in New Delhi, Delhi. Its website is iarc.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address406 DLF South Court Saket, New Delhi, Delhi, India – 110017
- IndustryFinancial Services, Asset Reconstruction Firms
To see the full contact details of International Asset Reconstruction Company Private 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
International Asset Reconstruction Company operates one associated brand: Inter tio l Asset Reconstruction Company. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Securitisation and reconstruction of non-performing assets from banks are managed. | iarc.co.in |
Business activity
The main business activity of International Asset Reconstruction Company is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of International Asset Reconstruction Company Private Limited, buy the company report.
Financials of International Asset Reconstruction Company Private Limited
FY 2025 filings availableInternational Asset Reconstruction Company Private Limited reported revenue of ₹64.91 Cr (up 1371% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years. EBITDA rose 160% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹29.64 Cr | ||||
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| Net Profit (PAT) | ₹20.85 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 45.7% | ||||
| Net Profit Margin | 32.1% | ||||
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To see the full financial statements and ratios of International Asset Reconstruction Company Private Limited, buy the company report.
Board of directors of International Asset Reconstruction Company Private Limited
International Asset Reconstruction Company has 9 current directors and 39 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Jagdish Bhatia | Additional Director | 27 Jan 2025 | 1 Years 9 Months | Current |
| Praveen Purushottam Kadle Also directs: Shivakrtih Realtors LLP, Veedol Corporation Limited, Divgi Torqtransfer Systems Limited and 5 more | Director | 05 Jul 2023 | 3 Years 4 Months | Current |
| Naveen Jain Also directs: Florintree Evolution Private Limited | Nominee Director | 17 May 2024 | 2 Years 5 Months | Current |
| Jimmy Minocher Tata | Nominee Director | 20 Oct 2021 | 5 Years 0 Months | Current |
| Anjani Kumar Also directs: Ushma Verde LLP, Asialink Advisors India Private Limited | Director | 26 Jun 2024 | 2 Years 4 Months | Current |
| Sonal Shrivastava Also directs: Tonbo Imaging India Limited | Additional Director | 19 Sep 2024 | 2 Years 1 Months | Current |
Peer comparison
International Asset Reconstruction Company Private Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (Asset Reconstruction Companies), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Asrec (India) Limited | ₹103.9 Cr (FY 2025) | 33.0% | Andheri Kurla Road, Maharashtra, India | |||
| Rare Asset Reconstruction Limited | ₹84.42 Cr (FY 2025) | 29.0% | Ahmedabad, Gujarat, India | |||
| Reliance Asset Reconstruction Company Limited | ₹79.4 Cr (FY 2025) | 9.0% | Mumbai, Maharashtra, India | |||
| International Asset Reconstruction Company Private Limitedthis company | ₹64.91 Cr (FY 2025) | ₹20.85 Cr | 32.1% | 1371.0% | 83 | New Delhi, Delhi, India |
| Encore Asset Reconstruction Company Private Limited | ₹61.62 Cr (FY 2025) | 50.0% | New Delhi, Delhi, India | |||
| Paladin Consultancy Private Limited | ₹37.81 Cr (FY 2025) | -75.0% | Mumbai, Maharashtra, India | |||
| India SME Asset Reconstruction Company Limited | ₹36.4 Cr (FY 2025) | 101.0% | Mumbai, Maharashtra, India | |||
| Uv Asset Reconstruction Company Limited | ₹34.76 Cr (FY 2025) | -81.0% | New Delhi, Delhi, India |
To see the full peer comparison of International Asset Reconstruction Company Private Limited, buy the company report.
Auditor
International Asset Reconstruction Company Private Limited is audited by S K Patodia & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S K Patodia & Associates | FY 2024 | 112723W/W100692 |
Shareholding
The shareholding of International Asset Reconstruction Company Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of International Asset Reconstruction Company Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Oct 2020 | 100384139 | Others | ₹125 Cr | Satisfied |
To see the full charge records of International Asset Reconstruction Company Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
International Asset Reconstruction Company Private Limited has 11 deals on record (7 secondary share transfers, 4 funding rounds), with disclosed funding of ₹182.82 Cr; the latest was in May 2024.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2024 | Secondary share transfer | Undisclosed | Buyer: Florintree Evolution Private Limited Seller: Blackstone Advisors India, an individual |
| Jul 2019 | Secondary share transfer | Undisclosed | Buyer: Barclays Wealth Trustees (India) Private Limited Seller: an individual |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Blackstone Advisors India Seller: Icbc Standard Bank Plc, Netherlands Development Finance Company, City Union Bank Limited |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Tata Capital Financial Services Limited Seller: City Union Bank Limited , 3 individuals |
| Nov 2008 | Funding round | ₹90 Cr | Investors: HDFC Bank Limited , Tata Capital Financial Services Limited , Icici Bank Limited |
To see the full deal history of International Asset Reconstruction Company Private 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
International Asset Reconstruction Company Private Limited has 596 court cases on record: 391 filed by International Asset Reconstruction Company, 205 filed against it. 117 cases are pending and 479 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 332 | 131 | 32 |
| District courts | 182 | 22 | 67 |
| NCLAT | 45 | 30 | 13 |
| Supreme Court | 27 | 14 | 3 |
| NCLT | 10 | 8 | 2 |
Cases on record (5 of 596)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (0904-Civil Law : Transfer of Property Act, 1882 and Specific Relief Act, 1963 – matters arising out of suit for specific performance, declaration, injunction, possession or cancellation of deeds/documents) | Filed against the company by Madhav Vidarbha Estate Pvt. Limited | Disposed |
| Supreme Court | Court case (0602-Banking : Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, debt recovery by banks, financial institutions, cooperative banks and negotiable instruments [other than criminal prosecution]) | Filed by the company against M/S Maruthi Technologies and 27 others | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Uttar Pradesh State Textile Corporation Limited & Anr. and 1 other | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed by the company against Uttar Pradesh State Textile Corporation Limited & Anr. and 1 other | Pending |
| Supreme Court | Court case | Filed by the company against Uttar Pradesh State Textile Corporation Ltd. | Pending |
To see the full case history of International Asset Reconstruction Company Private 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
International Asset Reconstruction Company Private Limited has 4 MSME Form 1 returns on record between 2020 and 2023, listing 38 overdue payments to 10 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Nmah & Co | |||
| an individual supplier | |||
| Bluevine Technologies Private Limited | |||
| an individual supplier | |||
| L K Nakashe Consultants Private Limited |
To see the full MSME payment records of International Asset Reconstruction Company Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
International Asset Reconstruction Company Private Limited has a workforce of 83 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
International Asset Reconstruction Company has 6 GST registrations: 3 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCI1773J1ZI | Delhi | Active | 03 Dec 2018 |
| 27AABCI1773J1ZG | Maharashtra | Active | 01 Jul 2017 |
| 33AABCI1773J1ZN | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of International Asset Reconstruction Company Private Limited, buy the company report.
Recent activity
International Asset Reconstruction Company Private Limited has 45 board changes on record since 2007: 9 appointments and 36 cessations. The latest: Rajiv Kumar Rai was appointed as Additional Director on 16 Oct 2025.
38 earlier events are in the company report.
Frequently asked questions
International Asset Reconstruction Company is an active private limited company based in New Delhi, Delhi, India. The company works in asset reconstruction firms, within the financial services industry. It was incorporated on 16 October 2002 (24+ years old) and is registered under CIN U74999DL2002PTC117357.
International Asset Reconstruction Company has 9 current directors:
- Abhishek Maheshwari - Managing Director
- Rakesh Jagdish Bhatia - Additional Director
- Praveen Purushottam Kadle - Director
- Naveen Jain - Nominee Director
- Jimmy Minocher Tata - Nominee Director
- Anjani Kumar - Director
- Sonal Shrivastava - Additional Director
- Vikas Nanda - Director
- Rajiv Kumar Rai - Additional Director
The latest financial statements of International Asset Reconstruction Company on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of International Asset Reconstruction Company is 07AABCI1773J1ZI, registered in Delhi. The company has 6 GST registrations in all, of which 3 are active and 3 are cancelled or inactive. Other active GSTINs include 27AABCI1773J1ZG (Maharashtra), 33AABCI1773J1ZN (Tamil Nadu).
The CIN (Corporate Identification Number) of International Asset Reconstruction Company is U74999DL2002PTC117357. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
International Asset Reconstruction Company has 596 court cases on record: 391 filed by the company and 205 filed against it. 117 are pending. Most are in the high courts.
International Asset Reconstruction Company was incorporated on 16 October 2002, making it 24+ years old. It is registered with the Registrar of Companies, Delhi.
International Asset Reconstruction Company has 11 deals on record (7 secondary share transfers, 4 funding rounds), with disclosed funding of ₹182.82 Cr; the latest was in May 2024.
The peers of International Asset Reconstruction Company by revenue are Asrec (India) Limited, Rare Asset Reconstruction Limited, Reliance Asset Reconstruction Company Limited, Encore Asset Reconstruction Company Private Limited, Paladin Consultancy Private Limited and 2 more, all in the BFSI industry (Asset Reconstruction Companies), with the same principal business activity (other financial activities).
Rajiv Kumar Rai was appointed as Additional Director on 16 Oct 2025. Abhishek Maheshwari was appointed as Managing Director on 01 Sep 2025. Jayanta Kumar Banerjee ceased to be Additional Director on 28 Jan 2025. International Asset Reconstruction Company has 45 board changes on record in total.
International Asset Reconstruction Company has 4 MSME Form 1 returns on record between 2020 and 2023, listing 38 overdue payments to 10 micro and small suppliers. The latest return was filed on 31 Aug 2023.
International Asset Reconstruction Company can be reached through the website iarc.co.in. Its registered office is in New Delhi, Delhi, India.
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