Southern Asset Reconstruction Private Limited
About Southern Asset Reconstruction Private Limited
Data last updated:
Southern Asset Reconstruction Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 12 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74110TN2016PTC111402.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Lakh. It is led by directors Elangovan Anandhi and Usha Kulasekaran.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at A/4 SIDCO Industrial Estate Villivakkam Chennai, Tamil Nadu, India – 600049.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.04 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹76.52 Lakh (net margin 18.9%) and EBITDA of ₹96.71 Lakh (EBITDA margin 23.9%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Southern Asset Reconstruction has one previous CIN (Corporate Identification Number): U67190TN2016PTC111402. The current CIN is U74110TN2016PTC111402, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110TN2016PTC111402 | Current |
| U67190TN2016PTC111402 | Previous |
Contact details
Southern Asset Reconstruction Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressA/4 SIDCO Industrial Estate Villivakkam Chennai, Tamil Nadu, India – 600049
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Southern Asset Reconstruction 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
Business activity
The main business activity of Southern Asset Reconstruction 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 |
Financials of Southern Asset Reconstruction Private Limited
FY 2024 filings availableSouthern Asset Reconstruction Private Limited reported revenue of ₹4.04 Cr (up 486% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 486% in the latest year. EBITDA fell 69% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹96.71 Lakh | ||||
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| Net Profit (PAT) | ₹76.52 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 23.9% | ||||
| Net Profit Margin | 18.9% | ||||
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To see the full financial statements and ratios of Southern Asset Reconstruction Private Limited, buy the company report.
Board of directors of Southern Asset Reconstruction Private Limited
Southern Asset Reconstruction has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Elangovan Anandhi | Director | 24 Aug 2017 | 9 Years 2 Months | Current |
| Usha Kulasekaran | Director | 24 Aug 2017 | 9 Years 2 Months | Current |
Peer comparison
Southern Asset Reconstruction Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Marwon Electronics and Equipments Private Limited | ₹4.06 Cr (FY 2025) | 84.0% | New Delhi, Delhi, India | |||
| Repito Consultancy (OPC) Private Limited | ₹4.06 Cr (FY 2024) | Sirsa, Haryana, India | ||||
| Spectrum Stock Services Pvt Ltd | ₹4.06 Cr (FY 2024) | 359.0% | Kolkata, West Bengal, India | |||
| Harvestrupee Financial Services Private Limited | ₹4.05 Cr (FY 2024) | 46.0% | Hyderabad, Telangana, India | |||
| Fortune Infin (India) Private Limited | ₹4.05 Cr (FY 2025) | 264.0% | Mumbai, Maharashtra, India | |||
| Southern Asset Reconstruction Private Limitedthis company | ₹4.04 Cr (FY 2024) | ₹76.52 Lakh | 18.9% | 486.0% | Chennai, Tamil Nadu, India | |
| Future Securewealth Nidhi Limited | ₹4.04 Cr (FY 2025) | 30.0% | Thrissur, Kerala, India | |||
| PS Accounting Services Private Limited | ₹4.04 Cr (FY 2015) | -1.0% | Vadodara, Gujarat, India | |||
| Vijeta Broking India Private Limited | ₹4.04 Cr (FY 2025) | -33.0% | Nani Daman, Daman and Diu, India | |||
| Parshvanath Share Broking Private Limited | ₹4.03 Cr (FY 2025) | -15.0% | Jaipur, Rajasthan, India | |||
| Cheers Financial Services Pvt Ltd | ₹4.03 Cr (FY 2025) | 18.0% | Guwahati, Assam, India |
To see the full peer comparison of Southern Asset Reconstruction Private Limited, buy the company report.
Auditor
Southern Asset Reconstruction Private Limited is audited by VENKATACHALAM S V & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VENKATACHALAM S V & ASSOCIATES | FY 2022 | 022925S |
Shareholding
The shareholding of Southern Asset Reconstruction Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Southern Asset Reconstruction Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Southern Asset Reconstruction Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Southern Asset Reconstruction Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Southern Asset Reconstruction Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Southern Asset Reconstruction Private Limited has 7 board changes on record since 2017: 2 appointments and 5 cessations. The latest: Madhavan Shashi Kumar Nair ceased to be Additional Director on 10 Oct 2022.
Frequently asked questions
Southern Asset Reconstruction is an active private limited company based in Chennai, Tamil Nadu, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 12 July 2016 (10+ years old) and is registered under CIN U74110TN2016PTC111402.
Southern Asset Reconstruction has 2 current directors:
- Elangovan Anandhi - Director
- Usha Kulasekaran - Director
The latest financial statements of Southern Asset Reconstruction on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
The CIN (Corporate Identification Number) of Southern Asset Reconstruction is U74110TN2016PTC111402. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Southern Asset Reconstruction was incorporated on 12 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Southern Asset Reconstruction by revenue are Marwon Electronics and Equipments Private Limited, Repito Consultancy (OPC) Private Limited, Spectrum Stock Services Pvt Ltd, Harvestrupee Financial Services Private Limited, Fortune Infin (India) Private Limited and 5 more, all in the same principal business activity (other financial activities).
Madhavan Shashi Kumar Nair ceased to be Additional Director on 10 Oct 2022. Elangovan Anandhi ceased to be Additional Director on 25 Sep 2017. Usha Kulasekaran ceased to be Additional Director on 25 Sep 2017. Southern Asset Reconstruction has 7 board changes on record in total.
The registered office of Southern Asset Reconstruction is at A4 SIDCO Industrial Estate Villivakkam Chennai, Tamil Nadu, India – 600049.
Southern Asset Reconstruction operates in the financial services industry, in the diversified financial services segment.
The compliance status of Southern Asset Reconstruction is compliant as of 21 July 2026. The company is actively filing with the Registrar of Companies.
Southern Asset Reconstruction can be reached at its registered office: A4 SIDCO Industrial Estate Villivakkam Chennai, Tamil Nadu, India – 600049.
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