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Under LiquidationMumbai City, MaharashtraSince 1984

Amar Remedies Limited

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Set up in 1984 in Mumbai City. It has pledged its assets against loans of up to ₹592.22 crore from 12 lenders.

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42 years at a glance

Loans against its assets, and when today's people joined

198619881990199219941996199820002002200420062008201020122014201620182020202220242026LOANS AGAINST ITS ASSETSTODAY'S PEOPLE, WHEN THEY JOINEDRegistered as a companyCanara Bank, up to ₹3 crore, 2 Aug 2002 to 7 Jul 2005Uti Bank LTD, up to ₹15 crore, 17 Mar 2005 to 5 May 2007Uti Bank LTD, up to ₹15 crore, 4 Aug 2005 to 5 May 2007ICICI Bank Limited, up to ₹18 crore, 4 Aug 2006 to still openICICI Bank Limited, up to ₹6.5 crore, 6 Feb 2007 to still openState Bank of India, up to ₹87.6 crore, 1 Mar 2007 to still openBarclays Bank PLC, up to ₹20 crore, 29 Oct 2007 to 7 Oct 20083i Infotech Trusteeship Services Limited, up to ₹5 crore, 12 Mar 2008 to still openSbi Global Factors Limited, up to ₹8 crore, 20 May 2008 to still openKotak Mahindra Bank Limited, up to ₹15 crore, 7 Nov 2008 to 15 Mar 2010State Bank of India, up to ₹235.6 crore, 23 Jul 2009 to still openSicom Limited, up to ₹7.5 crore, 1 Feb 2010 to 16 Jun 2010Development Credit Bank Limited, up to ₹20 crore, 23 Mar 2010 to 31 Mar 2011The Saraswat Co-Op Bank LTD, up to ₹15.75 crore, 21 Oct 2010 to still openICICI Bank Limited, up to ₹20 crore, 28 Oct 2010 to still openBank of India, up to ₹15 crore, 10 Dec 2010 to still openThe Ratnakar Bank LTD, up to ₹20 crore, 2 Feb 2011 to still openThe Saraswat Co-Op Bank LTD, up to ₹5 crore, 17 Mar 2011 to still openSbi Global Factors Limited, up to ₹8 crore, 20 Apr 2011 to still openExport-Import Bank of India, up to ₹40 crore, 12 Sept 2011 to still openAxis Bank Limited, up to ₹50 crore, 8 Oct 2011 to still openState Bank of India, up to ₹30 crore, 7 Mar 2012 to still openSicom Limited, up to ₹6 crore, 23 Apr 2012 to still openSrei Equipment Finance Private Limited, up to ₹7.5 crore, 5 Jun 2012 to still openSiemens Financial Services Private Limited, up to ₹6.77 crore, 28 Jun 2012 to still openSrei Equipment Finance Private Limited, up to ₹7.5 crore, 25 Jul 2012 to still open
Loan still openLoan paid offSomeone joined, and is still there
  • 1984Registered as a company on 18 Apr 1984.
  • 2009Its biggest loan against assets, ₹235.6 crore with State Bank of India, is still open.

Who runs it

This page does not list its directors yet. Open the company in Entiva to see who runs it on MCA's register today.

Who has lent to it

₹592.22 crorein loans backed by its assets, from 12 lenders

  • State Bank of India₹353.2 crore

    3 open loans, taken out 2007 to 2012

  • Axis Bank Limited₹50 crore

    Open, taken out 8 Oct 2011

  • ICICI Bank Limited₹44.5 crore

    3 open loans, taken out 2006 to 2010

  • Export-Import Bank of India₹40 crore

    Open, taken out 12 Sept 2011

  • The Saraswat Co-Op Bank LTD₹20.75 crore

    2 open loans, taken out 2010 to 2011

  • The Ratnakar Bank LTD₹20 crore

    Open, taken out 2 Feb 2011

  • Sbi Global Factors Limited₹16 crore

    2 open loans, taken out 2008 to 2011

  • Bank of India₹15 crore

    Open, taken out 10 Dec 2010

  • Srei Equipment Finance Private Limited₹14.99 crore

    2 open loans, taken out in 2012

  • Siemens Financial Services Private Limited₹6.77 crore

    Open, taken out 28 Jun 2012

  • Sicom Limited₹6 crore

    Open, taken out 23 Apr 2012

  • 3i Infotech Trusteeship Services Limited₹5 crore

    Open, taken out 12 Mar 2008

7 earlier loans, now paid off
  • Development Credit Bank Limited23 Mar 2010 to 31 Mar 2011₹20 crore
  • Sicom Limited1 Feb 2010 to 16 Jun 2010₹7.5 crore
  • Kotak Mahindra Bank Limited7 Nov 2008 to 15 Mar 2010₹15 crore
  • Barclays Bank PLC29 Oct 2007 to 7 Oct 2008₹20 crore
  • Uti Bank LTD4 Aug 2005 to 5 May 2007₹15 crore
  • Uti Bank LTD17 Mar 2005 to 5 May 2007₹15 crore
  • Canara Bank2 Aug 2002 to 7 Jul 2005₹3 crore

What its filings add

Amar Remedies files these with the registrar. Entiva fetches and reads them for you.

  • Every year · AOC-4

    Revenue, profit and the balance sheet

    Its financial statements, year by year.

  • Every year · MGT-7

    Who owns it

    Its shareholders, and how much each one owns.

  • Each loan · CHG-1

    Each loan in detail

    The terms, and which assets back each loan.

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The details on this page come from public records, including MCA's register of companies as Entiva read it on . Things may have changed since. A loan amount is the most the lender can claim against the company's assets, not what is still owed.