About
Basic Data Updated:
11 days agoIncorporated in 2014, Omkara Assets Reconstruction Private Limited is a company that specializes in financial and related services. Its registered office is situated in the bustling city of Tirupur, Tamil Nadu. The company prides itself on its commitment to providing top-notch services to its clients. With a team of experienced professionals, Omkara Assets Reconstruction Private Limited has established itself as a trusted name in the industry. Its dedication to excellence and customer satisfaction has earned it a loyal clientele. The company's mission is to help individuals and businesses achieve their financial goals through innovative solutions and personalized services. With a strong presence in the market, Omkara Assets Reconstruction Private Limited continues to grow and expand its r... Read More
Industry
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Website1222442
- Telephone1222442
- Email Address1222442
- Social Media1222442
| CIN/LLPIN/FCRN | U67100TZ2014PTC020363 |
| Company No. | 020363 |
| Company Classification | Private Limited Indian Non-Government Company |
| Incorporation Date | 19 Mar 2014 |
| Date of AGM | 15 Sep 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Unlisted |
| ROC Code | Roc Coimbatore |
Financials of Omkara Assets Reconstruction Private Limited
Omkara Assets Reconstruction Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 179.22% increase. The company also saw a substantial improvement in profitability, with a 480.02% increase in profit. The company's net worth Soared by an impressive increase of 71.09%.
Enhance accessibility to Omkara Assets Reconstruction'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 Omkara Assets Reconstruction Private Limited
Unlock and access historical data on people associated with Omkara Assets Reconstruction, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (3)
Manish Lalwani
Managing DirectorAppointment Date: 07-Mar-2018
Status: Current
SC
Sanjay Chokshi CFOAppointment Date: 01-Dec-2020
Status: Current
VS
Vishal Saparia Company SecretaryAppointment Date: 01-Oct-2023
Status: Current
Board Members(10)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 29 Dec 2023 | ₹44.00 Cr | Open |
Idbi Trusteeship Services Limited Creation Date: 03 Jul 2023 | ₹27.40 Cr | Open |
Others Creation Date: 14 Mar 2023 | ₹75.00 Cr | Open |
Deals i
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Rating
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Alert
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New Tirupur Area Development Corporation Limited
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Recent activity within the organization
Charges
A charge with Others of Rs. 75.00 cr registered on 14 Mar 2023 with Charge ID 100709497 was modified on 25 Jan 2024.
25 Jan 2024Charges
A charge with Others amounted to Rs. 44.00 cr with Charge ID 100866732 was registered on 29 Dec 2023.
29 Dec 2023Annual General Meeting
Omkara Assets Reconstruction Private Limited last Annual general meeting of members was held on 15 Sep 2023 as per latest MCA records.
15 Sep 2023Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 27.40 cr with Charge ID 100764224 was registered on 03 Jul 2023.
03 Jul 2023Balance Sheet
Omkara Assets Reconstruction Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.
31 Mar 2023
Recent News, Updates & Announcement
Omkara ARC acquires Park Hyatt Hyderabads bad loans at 34 discount.MergersIndia 21 Mar 2024
- NARCL Omkara ARC in fray for Wind World debt.
B2BCHIEF 15 Feb 2024
- In relief for DLF Delhi HC puts on hold sale of its stake in Joyous Housing.
The New Indian Express 21 Sep 2023
- HDFC to Sell 1195 Crore Bad Loans to Omkara ARC Other Companies Show Interest but Only One Bids for Entire Portfolio More Bids Expected as HDFC Plans to Sell More Loans Before Merger with HDFC Bank.
HDFC is selling bad loans worth 1195 crore to Omkara ARC but the deal may not happen this month Other companies also looked at the loans but only Omkara bid for the whole portfolio HDFC will decide soon and may ask for more bids to get more money The recovery from this sale will be less than before HDFC is also planning to sell more loans before merging with HDFC Bank.
Economic Times 23 Mar 2023
- Omkara Assets Reconstruction gears up for a second round of equity capital.
VCCircle 26 Sep 2019
Frequently asked questions
What is the Incorporation or founding date of Omkara Assets Reconstruction Private Limited?
