About
Basic Data Updated:
17 days agoThe Corporate was formerly known as Jm Financial Asset Reconstruction Company Private Limited. The Company is engaged in the Finance And Insurance Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2,000.00 cr and a paid-up capital of Rs 795.31 cr.
The Corporate currently has active open charges totaling ₹2,618.70 cr. It has already closed loans amounting to ₹2,130.20 cr, as per the Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Jm Financial Asset Reconstruction Company Limited India are Vineet Singh as Company Secretary, Srinivasan Viswanathan as Ceo, and Sabyasachi Ray as Cfo. Ameetkumar Desai, Narotam Sekhsaria, Vijay Kelkar, and Seven other members serve as directors at the Company.
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
| CIN/LLPIN/FCRN | U67190MH2007PLC174287 |
| Company No. | 174287 |
| Company Classification | Public Limited Indian Non-Government Company |
| Incorporation Date | 19 Sep 2007 |
| Date of AGM | 28 Jul 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Unlisted |
| ROC Code | Roc Mumbai |
Financials of Jm Financial Asset Reconstruction Company Limited
Jm Financial Asset Reconstruction Company Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 7.85% decrease. The company also saw a slight improvement in profitability, with a 7.24% increase in profit. The company's net worth moved up by a moderate rise of 4.47%.
Corporate Structure
Unlock access to Jm Financial Asset Reconstruction Company'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 Jm Financial Asset Reconstruction Company Limited
Unlock and access historical data on people associated with Jm Financial Asset Reconstruction Company, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (3)
VS
Vineet Singh
Company SecretaryAppointment Date: 17-Jan-2019
Status: Current
SV
Srinivasan Viswanathan CEOAppointment Date: 22-Jun-2023
Status: Current
SR
Sabyasachi Ray CFOAppointment Date: 27-Oct-2014
Status: Current
Board Members(10)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Sbicap Trustee Company Limited Creation Date: 05 Oct 2023 | ₹50.00 Cr | Open |
Sbicap Trustee Company Limited Creation Date: 23 May 2023 | ₹50.00 Cr | Open |
Sbicap Trustee Company Limited Creation Date: 12 Apr 2023 | ₹30.00 Cr | Open |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Jm Financial 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 Jm Financial Asset Reconstruction Company's trajectory.
Rating
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Alert
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Related Corporates (Common Directorship)
49 years 8 months 
Recent activity within the organization
Charges
A charge with Others of Rs. 173.57 cr registered on 23 Feb 2015 with Charge ID 10556816 was modified on 19 Oct 2023.
19 Oct 2023Charges
A charge with Others of Rs. 40.13 cr registered on 23 Dec 2022 with Charge ID 100656765 was modified on 13 Oct 2023.
13 Oct 2023Charges
A charge with Sbicap Trustee Company Limited amounted to Rs. 50.00 cr with Charge ID 100819349 was registered on 05 Oct 2023.
05 Oct 2023Annual General Meeting
Jm Financial Asset Reconstruction Company Limited last Annual general meeting of members was held on 28 Jul 2023 as per latest MCA records.
28 Jul 2023Charges
A charge with Sbicap Trustee Company Limited of Rs. 750.00 cr registered on 02 Feb 2023 with Charge ID 100728886 was modified on 18 Jul 2023.
18 Jul 2023
Recent News, Updates & Announcement
Piramal to sell DHFL loans to JM Financial ARC.Piramal Capital had initiated a Swiss Challenge against the ARCs anchor bid inviting other interested bidders to submit expressions of interest by March 15 with the offer amount required to be a minimum of 10 higher than the base offer of 2550 crore.
Economic Times 17 Mar 2023
- Piramal Capital to sell DHFL bad loan portfolio of Rs 5500 crore.
India Infoline 09 Mar 2023
- RILs Resolution Plan for Alok Industries gets CoG nod.
Fibre2Fashion 18 Jun 2018
- JM Financial ARC to own 75 of Leela promoters stake will shrink to 159.
Business Standard 12 Jun 2018
- Hotel Leela board to consider 125 crore share issue to JM Financial Mint.
The board of directors of Hotel Leelaventure has been scheduled to be held on 11 June to approve enabling resolutions for issue of up to 125 crore shares to JM Financial Asset Reconstruction Company.
mint 04 Jun 2018
Frequently asked questions
What is the Incorporation or founding date of Jm Financial Asset Reconstruction Company Limited?
