About
Basic Data Updated:
9 days agoThe Corporate was formerly known as Northern Arc Capital 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 277.00 cr and a paid-up capital of Rs 191.78 cr.
The Corporate currently has active open charges totaling ₹13,342.94 cr. It has already closed loans amounting to ₹7,353.23 cr, as per the Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Northern Arc Capital Limited India are Atul Tibrewal as Cfo and Prakash Panda as Company Secretary. Ashutosh Pednekar, Michael Fernandes, Trikkur Seetharaman, and Six other members serve as directors at the Company.
Industry
Company Details
- Location
Chennai, Tamil Nadu, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
| CIN/LLPIN/FCRN | U65910TN1989PLC017021 |
| Company No. | 017021 |
| Company Classification | Public Limited Indian Non-Government Company |
| Incorporation Date | 09 Mar 1989 |
| Date of AGM | 29 Dec 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Unlisted |
| ROC Code | Roc Chennai |
Products or Services related to Northern Arc Capital Limited
Financial Service
Risk Management Services
Financials of Northern Arc Capital Limited
Northern Arc Capital Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 43.9% increase. The company also saw a substantial improvement in profitability, with a 37.64% increase in profit. The company's net worth Soared by an impressive increase of 12.7%.
Corporate Structure
Unlock access to Northern Arc Capital'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 Northern Arc Capital Limited
Unlock and access historical data on people associated with Northern Arc Capital, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (3)
AM
Ashish Mehrotra
Managing DirectorAppointment Date: 14-Feb-2022
Status: Current
AT
Atul Tibrewal CFOAppointment Date: 18-May-2021
Status: Current
PP
Prakash Panda Company SecretaryAppointment Date: 22-Apr-2024
Status: Current
Board Members(8)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 28 Mar 2024 | ₹50.00 Cr | Open |
Indian Bank Creation Date: 27 Mar 2024 | ₹200.00 Cr | Open |
Canara Bank Creation Date: 21 Mar 2024 | ₹100.00 Cr | Open |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Northern Arc Capital, 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 Northern Arc Capital's trajectory.
Rating
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Alert
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.
Related Corporates (Common Directorship)
Future Generali India Life Insurance Company Limited
Active
17 years 8 months Palamadai Jayakumar is a mutual person
Recent activity within the organization
Charges
A charge registered on 30 Mar 2021 via Charge ID 100436523 with Others was fully satisfied on 22 Apr 2024.
22 Apr 2024Director Appointment
Prakash Chandra Panda was appointed as a Company Secretary was appointed as a Company Secretary on 22 Apr 2024 & has been associated with this company since 3 months 6 days .
22 Apr 2024Charges
A charge registered on 27 Mar 2020 via Charge ID 100333867 with Others was fully satisfied on 08 Apr 2024.
08 Apr 2024Charges
A charge with Hdfc Bank Limited amounted to Rs. 50.00 cr with Charge ID 100899425 was registered on 28 Mar 2024.
28 Mar 2024Charges
A charge with Indian Bank amounted to Rs. 200.00 cr with Charge ID 100888108 was registered on 27 Mar 2024.
27 Mar 2024
Recent News, Updates & Announcement
Northern Arc partners with Karnataka Bank.The Paypers 30 Jan 2024
- JSA SAM act on acquisition of majority stake in Indium Software by BPEA EQT.
Bar and Bench - Indian Legal news 15 Jan 2024
- Yulu raises Rs 25 Cr debt from Northern Arc.
Entrackr 12 Jan 2024
- India Ratings Withdraws Northern Arc 2021 SBL Castors Ratings.
India Ratings and Research 15 May 2023
- India Ratings Maintains Northern Arc 2021 SBL Kobayashi Maru on Rating Watch with Developing Implications.
India Ratings and Research 05 May 2023
Frequently asked questions
What is the Incorporation or founding date of Northern Arc Capital Limited?
