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Home Premium Members Phoenix ARC Private Limited

Phoenix ARC Private Limited

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BACKGROUND
Phoenix ARC Private Limited (“Phoenix”) has been sponsored by the Kotak Mahindra Group, a leading diversified financial service group, to undertake the business of asset reconstruction. Kotak Mahindra Group owns 49% of the Equity Capital of the Company and the balance is held
by a diverse group of investors. 

Over the last 15 years, the Kotak Mahindra Group has successfully nurtured several businesses like Investment Banking, Institutional Equities, Securities, Capital Market financing, Corporate and Retail finance, Asset Reconstruction, Life Insurance, Mutual funds and it enjoys a strong leadership position across all businesses wherein it has a presence.

In the last five years, Kotak Mahindra Bank Limited (KMBL) has played a sterling role in the development of cash based market for Non Performing Assets (NPAs) and has emerged as a leading player in this field having acquired NPAs in excess of Rs 4500 crores, from various banks and financial institutions. KMBL’s track record in resolving NPAs has been widely acknowledged in the industry. 

With a view to offer a wider array of products and services to the banks, the Kotak group has sponsored Phoenix to play a wider role in the Asset Reconstruction business.

Phoenix obtained registration as a Securitisation Company and Asset Reconstruction Company,pursuant to Section 3 of the SRFAESI Act, from Reserve Bank of India  in June 2008. Up to September 2010, the team has concluded more than 25 transactions involving principal dues in excess of Rs. 3000 crores from various Banks and Financial Institutions.

About our Company
Vision: Trusted reconstruction solution provider focused on value enhancement.
Phoenix ARC Private Limited (Phoenix) is a company dedicated to the asset reconstruction business.   The operations of Phoenix are based out of Mumbai. Phoenix acquires non-performing assets from banks and other financial institutions along with underlying securities to restructure / realise / unlock the value of such assets. Phoenix provides opportunities to qualified investors to invest in distressed assets.

Contact Us
For any further information or for working with us or for any information on how best to deal with rising non-performing assets, you may contact us at –

Registered Office :
Phoenix ARC Private Limited
Dani Corporate Park, 7th Floor,
158, C.S.T. Road, Kalina,Santacruz (E),
Mumbai – 400 098, India

Tel: +91 22 6741 2314 
Fax: +91 22 6741 2313
E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it  

 

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