Here you can find the List of Asset Reconstruction company in India registered with RBI. As per RBI Asset Reconstruction Company is one of the specialized financial Company that buys the Non Performing Assets [NPAs] or bad assets from banks and financial institutions so that the latter can clean up their balance sheets.
ARC principal business is to acquire non-performing financial assets from banks / financial institutions, manage them through restructuring, and resolve them in a time-bound manner through active interventions.
List of Asset Reconstruction Company in India
So here is the List of Asset Reconstruction Companies (ARCs) registered with RBI (As on January 31, 2021). There are totally 28 ARC are there in India
S.No | Name of the company | Regional Office | Address |
1 | CFM Asset Reconstruction Private Limited | Ahmedabad | A/3, Safal Profitaire, 5th Floor, Near Prahlad Nagar Garden, Ahmedabad, Gujarat – 363 610 |
2 | Rare Asset Reconstruction Limited (Erstwhile Rare Asset Reconstruction Private Limited) | Ahmedabad | 104-106, Gala Argos, Beside Harikrupa Tower, Near Ellisbridge Gymkhana, Gujarat College Road, Ahmedabad – 380 007 |
3 | ANA ARC Private Limited | Bengaluru | 299, 1st Floor, Amarajyoti Layout, Domlur, Bengaluru – 560 071 |
4 | Omkara Assets Reconstruction Private Limited | Chennai | 9, M.P. Nagar First Street, Kongu Nagar Extension, Tirupur, Tamil Nadu – 641 607 |
5 | MAXIMUS ARC Limited | Hyderabad | 59A-18/1-5A, Sri Plaza Teachers Colony, Patamata, Vijayawada, Andhra Pradesh -520 008 |
6 | Pridhvi Asset Reconstruction and Securitisation Company Ltd. | Hyderabad | D No.1-55, Raja Praasadamu, 4th Floor, Wing-I, Masjid Banda Road, Kondapur, Hyderabad – 500 084 |
7 | Aditya Birla ARC Limited | Mumbai | 18th Floor, One Indiabulls Centre, Jupiter Mills Compound, 841, Senapati Bapat Marg, Elphinstone Road, Mumbai – 400 013 |
8 | Ambit Flowers Asset Reconstruction Private Limited | Mumbai | Ambit House, 449, Senapati Bapat Marg, Lower Parel, Mumbai – 400 013 |
9 | ARCION Revitalization Private Limited | Mumbai | Unit G-1/G-19, Grand Hyatt Shopping Plaza, Off Western Express Highway, Vakola, Santacruz East, Mumbai – 400 055 |
10 | ASREC (India) Limited | Mumbai | Solitaire Corporate Park, Bldg. No.2, Unit No.201-202A & 200-202 B Gr. Floor, Andheri Ghatkopar Link Rd., Chakala, Andheri (E), Mumbai – 400 093 |
11 | Asset Reconstruction Company (India) Limited | Mumbai | The Ruby,10th Floor, 29, Senapati Bapat Marg, Dadar (West), Mumbai – 400 028 |
12 | Edelweiss Asset Reconstruction Company Limited | Mumbai | Edelweiss House, Off CST Road, Kalina, Mumbai – 400 098 |
13 | India Resurgence ARC Private Limited | Mumbai | 10th Floor, Piramal Tower, Peninsula Corporate Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai – 400 013 |
14 | India SME Asset Reconstruction Company Limited | Mumbai | 1004, 10th Floor, Naman Centre, Plot No. C-31, G-Block, Bandra – Kurla Complex, Bandra (E), Mumbai – 400 051 |
15 | Indiabulls Asset Reconstruction Private Limited | Mumbai | 9th Floor, Indiabulls Finance Centre, Tower 1, Senapati Bapat Marg, Elphinstone Road, Mumbai – 400 013 |
16 | Invent Assets Securitisation & Reconstruction Pvt. Ltd. | Mumbai | 107, Jolly Maker Chambers No. 2, 225, Nariman Point, Mumbai – 400 021 |
17 | JM Financial Asset Reconstruction Company Limited (Erstwhile JM Financial Asset Reconstruction Company Private Limited) | Mumbai | 7th Floor, Cnergy, Appasaheb Marathe Marg, Prabhadevi, Mumbai – 400 025 |
18 | Lone Star India Asset Reconstruction Private Limited | Mumbai | Level 11, Unit 1102, Peninsula Business Park, Senapati Bapat Marg, Lower Parel, Mumbai – 400 013 |
19 | Pegasus Assets Reconstruction Pvt. Ltd. | Mumbai | 55-56,5th Floor, Free Press House, Nariman Point, Mumbai – 400 021 |
20 | Phoenix ARC Private Limited | Mumbai | 5th Floor, Dani Corporate Park, 158, CST Road, Kalina, Santacruz (East), Mumbai -400 098 |
21 | Reliance Asset Reconstruction Company Limited | Mumbai | Reliance Centre, North Wing, 6th Floor, Off Western Express Highway, Santacruz (East), Mumbai – 400 055 |
22 | Suraksha Asset Reconstruction Private Limited | Mumbai | 20th Floor, A – Wing, Naman Midtown, Elphinstone Road, Mumbai – 400 013 |
23 | International Asset Reconstruction Company Pvt. Ltd. | New Delhi | 104, Ashoka Estate, 24, Barakhamba Road, New Delhi – 110 001 |
24 | Alchemist Asset Reconstruction Company Limited (Erstwhile Dhir & Dhir Asset Reconstruction & Securitization Company Limited) | New Delhi | D-54,1st Floor, Defence Colony, New Delhi – 110 024 |
25 | Assets Care & Reconstruction Enterprise Ltd. (Erstwhile Assets Care Enterprise Ltd.) | New Delhi | 2nd Floor, Mohan Dev Building 13, Tolstoy Marg, New Delhi – 110 001 |
26 | Encore Assets Reconstruction Company Private Limited | New Delhi | 15th Floor, Eros Corporate Tower, Nehru Place, New Delhi – 110 019 |
27 | Prudent ARC Limited | New Delhi | 611, Sixth Floor, D Mall, Plot No. A-1, Netaji Subhash Place, Pitampura, New Delhi – 110 034 |
28 | UV Asset Reconstruction Company Limited | New Delhi | 704, Deepali Building, 92, Nehru Place, New Delhi – 110 019 |
Edelweiss Asset Reconstruction Company Limited
Edelweiss ARC Limited is sponsored by Edelweiss, India’s leading diversified financial services conglomerate. Edelweiss provides a broad range of financial products and services to a large and diversified client base that includes corporations, institutions and individuals. Its products and services span varied asset classes, consumer segments and geographies.
The Group operates across five business clusters – Credit (including Retail Finance), Commodities, Financial Markets, Asset Management and Life Insurance across all asset classes. Edelweiss is now present across 216 offices in 118 cities in India and abroad with over 4200 employees.
Together with nearly 5,000 strong network of Authorized Persons and Sub-Brokers, the Edelweiss Group caters to over 532,000 clients under various businesses in retail and wholesale segments. The Group also manages, inter alia, Special Assets Funds targeted towards distressed as well as early stress/ restructured assets.
UV Asset Reconstruction Company Limited
UV Asset Reconstruction Company Limited is a Securitisation Company/Reconstruction Company registered with the Reserve Bank of India. Set up in the year 2007, UV Asset Reconstruction Company Limited (UVARCL) is presently amongst India’s top 10 ARCs in terms of book building with a CAGR of 109% over the last 3 years.
UVARCL is promoted amongst others, by professionals with equity participation of 6 public sector banks and 2 insurance companies’ viz. Central Bank of India, Bank of Maharashtra, Union Bank of India, Bank of India, United Bank of India, Allahabad Bank, United India Insurance Company Limited and National Insurance Company Limited.
UVARCL acquires Non-Performing Assets (NPAs) from various banks and financial institutions. The company believes in empathetic approach to resolving distress assets by meaningful analysis of the cause of NPA, evaluate possible turnaround options and formulate the best fit strategy under the given circumstances. The company adopts best practices that foster an environment of honesty, transparency and consistency. The company aims to create win-win situation for all its stakeholders.
Reliance Asset Reconstruction Company Limited (RARC)
Reliance Asset Reconstruction Company Limited (RARC) is a fast-growing Securitisation and Reconstruction company, registered with the Reserve Bank of India (RBI), under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002.
As on March 31, 2020, we manage a portfolio of Rs. 2020 crs and 3,39,108 customers across retail and SME segment. However, the portfolio concentration is high in retail segment (both secured and unsecured asset classes). We are present in all major towns and cities across the country, with a dominant retail presence in South and West.
Reliance Capital Limited is our principal sponsor with 49% shareholding and has managing control through the Shareholders Agreement.
CFM Asset Reconstruction Pvt. Ltd. (CFM ARC)
CFM Asset Reconstruction Pvt. Ltd. (CFM ARC) is a Company sponsored by Chartered Finance Management Limited (CFML) and has successfully secured a license from the Reserve Bank of India (RBI) on 3 August 2016.
It is the first Gujarat-based ARC in India. The registered office is located in Ahmedabad with pan India operations. The Company’s eminent Board Members and Management come with extensive banking experience and stressed asset recovery/resolution specialization.
Rare Asset Reconstruction Limited
Rare Asset Reconstruction Limited, a Securitization and Reconstruction company, registered with the Reserve Bank of India (RBI), under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002, is in the business of acquiring Non-Performing Assets (NPAs) and SMA-2 Standard Assets from banks, financial institutions and eligible NBFCs, and resolving them through appropriate resolution strategies enunciated in the SARFAESI Act, 2002.