Sale Notice


Indiabulls Asset Reconstruction Company (IARCL) has been sponsored by "Dhani Services Limited (formerly Indiabulls Ventures Limited)" and owns 100% of its equity capital. IARCL has been granted the Certificate of Registration by the Reserve Bank of India to act as a Securitisation and Asset Reconstruction Company on May 19, 2017. Mr. Vijay Nehra is the Chief Executive Officer of the company and is supported by a team of professionals having extensive experience in distressed asset.

IARCL sponsored by the Indiabulls Group, is positioned to exploit the opportunities in both the real estate and non - real estate segment and to act as the key distressed assets value-enabler. IARCL seeks to increase the value preposition of such assets for various financial entities, through a mix of innovative financial structures and investment solutions designed to enhance their value and thereby maximize the returns to all stakeholders.


  • Mr. Ajit Kumar Mittal is a Non-Executive Director on the Board. Read more
  • Mr. Shamsher Singh Ahlawat is an Independent Director on the Board. Read more
  • Mr. Amit Ajit Gandhi, is an Executive Director on the Board. Read more


  • Mr. Vijay Nehra is a Bachelor of Nautical Sciences from Mumbai University. He has also done Post Graduate Programme in Management from Indian School of Business, Hyderabad. Mr. Nehra has over 6 years experience with Indiabulls group. He has been Credit Head, Commercial Loans at Indiabulls Housing Finance Limited and headed treasury and Investor Relations in Indiabulls Real Estate Limited. Read more
  • Keyur Morparia has seventeen years of experience in Finance and is the Chief Financial Officer of the Company. Read more
  • Kunal Sarin has fourteen years of experience in Indian distressed debt and management consulting and is a Senior Vice President - Investments. Read more

Indiabulls Asset Reconstruction Company Limited

Registered Office:

One International Center,
Tower 1, 4th Floor,
S. B. Marg, Elphinstone (W),
Mumbai-400013, Maharashtra
Contact No: +91 22 6258 9220
Fax No: +91 22 62589295
CIN: U67110MH2006PLC305312

Branch Office:

Indiabulls House,
448-451, Udyog Vihar,
Phase V
Gurugram - 1220 16
Contact No: +91 124 6681 212
Fax No: +91 124 6681 111