About Us
VIRKRISAM Financials Assets Management Solution (VFAMS) (Earlier Innovreo Financial Assets Management Solutions (IFAMS ). VFAMS is a venture for innovation & revolution in the Stressed Assets sector. The objective of the venture is to assist the Banks & Financial Institutions, NBFCS , ARCs the Corporate Borrowers and Potential Investors in resolving the Stressed Assets and deriving the optimum value from them.
Aim is to contribute towards the economic growth of the country by rendering professional services towards revival and resolution of NPAs in a Time Bound Result Oriented form with an aim to derive Optimum Value for all the stakeholders. Thereby unlocking huge potential and making it available for deployment in the revival of the businesses .
CA Soniya Jaiswal Founder & Directors of VFAMS is a Chartered Accountant and holds specialisation and expertise in solving NPA situations having 19 years of varied experience in dealing with stressed Assets. She has evaluated & successfully acquired more than 100 accounts from Bank’s & Financial Institution for ARCs involving in from due diligence to valuation and pricing of the Assets. Managed more than 50 accounts for resolution and made recoveries there from. Assisted in Fund raising and monitoring. Hold in depth Experience in Restructuring and Monitoring of Restructured Accounts.
She has a working experience with Invent Assets Reconstruction & Securitisation Pvt. Ltd., International Assets Reconstruction Company Pvt. Ltd. in Senior Positions. Ex Senior Executive Vice President with Prudent ARC Ltd.in an Advisory role. She has also contributed to the Stressed Assets sector acting as Independent Corporate Advisors and successfully turned around companies in stress.
Successfully concluded One time settlements. Currently working on cases for revival and recovery.
Successfully assisted ARCs in disposal of a commercial properties thereby booking good recovery for the ARC besides other achievement.
Successfully crafted amicable settlement for companies which prevented the Company from going in to liquidation and also helped them raise funds to fund the growth of the Company.
Successfully assisted an Iron & Steel manufacturing unit to become a debt free Company from an NPA and the Company is working on further growing business and considering backward & forward integrations for further growth. The Company has achieved a turnover of 400 crs within 2 years of no due certificate issued by ARC.
To be the leading innovator in stressed assets management, unlocking potential and driving economic growth.
To provide expert, result-oriented financial solutions that resolve NPAs and empower stakeholders for sustainable success.