Rare Asset Reconstruction Limited Company Logo

Rare Asset Reconstruction Limited - Company Profile

It is a financial services public limited company based in Ahmedabad, Gujarat, India, established in 2015.

2015 | Ahmedabad, Gujarat, India | Active
Last Updated:

About Rare Asset Reconstruction Limited

Rare Asset Reconstruction Limited, a active public limited company, was established on 16 September 2015 in Ahmedabad, Gujarat, India. Engaging in asset reconstruction firms within the financial and insurance service sector, it holds CIN: U74900GJ2015PLC084515. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹200.00 Cr and a paid-up capital of ₹152.66 Cr.

Formerly known as Raython Asset Reconstruction Private Limited, Rare Asset Reconstruction Private Limited. It upholds a compliant status. Its leadership includes Ramaswamy Venkatraman Iyer (Director), Anil Kumar Bhandari (Managing Director), Shikha Bhandari (Director). Past directors included Dharamchand Harakchand Jain, Payal Madhusudan Panday, Ramaswamy Venkatraman Iyer. It holds ₹210.00 Cr open charges and ₹29.99 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 104-106 Gala Argos, Beside Hari Krupa Tower Gujarat College Road, Ellisbridge, Ahmedabad, Gujarat, 380006.

Company Details

  • CIN/LLPIN

    U74900GJ2015PLC084515

  • Registration Number

    084515

  • Incorporation Date

    16 September 2015

  • Authorized Capital

    ₹200.00 Cr

  • Paid-Up Capital

    ₹152.66 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 200.00 Cr
  • Paid Up Capital ₹ 152.66 Cr
  • Company Age 10 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 210.00 Cr
  • Satisfied Charges ₹ 29.99 Cr
  • Revenue Growth -8.41%
  • Profit Growth 81.43%
  • Ebitda 20.67%
  • Net Worth 22.66%
  • Total Assets 4.99%
Company report

Rare Asset Reconstruction Limited

Company Report FY 2025-2026

Explore comprehensive insights into Rare Asset Reconstruction Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Rare Asset Reconstruction Limited?

Current Directors

NameDesignationAppointment DateStatus
Ramaswamy Venkatraman IyerDirector31 Mar 2018Current
Anil Kumar BhandariManaging Director16 Sep 2015Current
Shikha BhandariDirector08 Apr 2019Current
Sandeep Ved VratDirector16 Sep 2015Current
Dilip Kumar DagaDirector24 Mar 2023Current
Prashant Prabhat ChakravortyDirector25 Jun 2024Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector08 Mar 2018Past
Pramod AbcsddCompany Secretary-Past
Pramod AbcsddAdditional Director28 Sep 2018Past
Pramod AbcsddCompany Secretary-Past
Pramod AbcsddDirector21 Jun 2018Past
Pramod AbcsddAdditional Director30 Sep 2019Past

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Financial Performance of Rare Asset Reconstruction.

Rare Asset Reconstruction Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 8.41% decrease. The company also saw a substantial improvement in profitability, with a 81.43% increase in profit. The company's net worth Soared by an impressive increase of 22.66%.

Rare Asset Reconstruction revenue growth over time
Rare Asset Reconstruction profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-8.41%
Revenue from Operations
-9.87%
Total Assets
4.99%
Profit or Loss
81.43%
Net Worth
22.66%
EBITDA
20.67%

What is the Ownership and Shareholding Structure of Rare Asset Reconstruction?

In 2023, Rare Asset Reconstruction had a promoter holding of 63.99% and a public holding of 36.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹2,100,000,000.00

Satisfied Charges

₹299,900,000.00

Charges Breakdown by Lending Institutions

  • Others : 210.00 Cr

Latest Charge Details

DateLenderAmountStatus
19 Mar 2025Others₹90.00 CrOpen
20 Sep 2024Others₹50.00 CrOpen
20 Jul 2024Others₹70.00 CrOpen
15 Oct 2021Others₹20.00 CrSatisfied
30 Jan 2021Others₹9.99 CrSatisfied

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How Many Employees Work at Rare Asset Reconstruction?

Unlock and access historical data on people associated with Rare Asset Reconstruction, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Rare Asset Reconstruction Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rare Asset Reconstruction, 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 Rare Asset Reconstruction's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

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.

Latest Updates, News, and FAQs on Rare Asset Reconstruction

Recent Activity within the Organization

  • Charges

    A charge with Others amounted to Rs. 90.00 Cr with Charge ID 101090853 was registered on 19 Mar 2025. was recorded as a recent event.

  • Annual General Meeting

    Progress on Rare Asset Reconstruction Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Charges

    The activity A charge with Others amounted to Rs. 50.00 Cr with Charge ID 101024202 was registered on 20 Sep 2024. was completed.

  • Charges

    Progress on A charge with Others amounted to Rs. 70.00 Cr with Charge ID 101022692 was registered on 20 Jul 2024. was documented.

  • Director Appointment

    Prashant Prabhat Chakravorty was appointed as a Director was appointed as a Director on 25 Jun 2024 & has been associated with this company since 1 year 5 months . was recorded as a recent event.

  • Balance Sheet

    The activity Rare Asset Reconstruction Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was completed.

Frequently Asked Questions

  • What is the CIN of Rare Asset Reconstruction Limited?

    The CIN of Rare Asset Reconstruction Limited is U74900GJ2015PLC084515.

  • Where is Rare Asset Reconstruction Limited headquartered?

    Rare Asset Reconstruction Limited is headquartered at 104-106 Gala Argos, Beside Hari Krupa Tower Gujarat College Road, Ellisbridge, Ahmedabad, Gujarat, 380006.

  • When was Rare Asset Reconstruction Limited incorporated?

    Rare Asset Reconstruction Limited was incorporated on 16 September 2015.

  • Who are the current directors of Rare Asset Reconstruction Limited?

    The current directors of Rare Asset Reconstruction Limited are

  • What is the primary industry of Rare Asset Reconstruction Limited?

    The primary industry of Rare Asset Reconstruction Limited is Financial And Insurance Service.

  • Is Rare Asset Reconstruction Limited a listed company?

    Rare Asset Reconstruction Limited is unlisted.

  • What is the capital structure of Rare Asset Reconstruction Limited?

    The authorized capital of Rare Asset Reconstruction Limited is ₹200.00 Cr, and the paid-up capital is ₹152.66 Cr.

  • What is the compliance status of Rare Asset Reconstruction Limited?

    The compliance status of Rare Asset Reconstruction Limited is Compliant.

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