
Riolo Private Limited
About Riolo Private Limited
Data last updated:
Riolo Private Limited is a private limited company based in Vasai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the waste management and recycling solutions segment of the environmental services sector. It was incorporated on 23 March 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25209MH2022PTC378895.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Puneet Ajay Rai and Shiv Suresh Mistry.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gala No. 104 Varun Industrial Estate Building No. 2, Survey No. 46D1 Chinchpada Waliv Road Vasai Road East, Maharashtra, India – 401208.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.67 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹2.75 Lakh (net margin -48.4%) and EBITDA of -₹2.75 Lakh (EBITDA margin -48.4%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Riolo
Contact details
Riolo Private Limited's registered office is in Vasai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressGala No. 104 Varun Industrial Estate Building No. 2, Survey No. 46D1 Chinchpada Waliv Road Vasai Road East, Maharashtra, India – 401208
- IndustryEnvironment, Waste Management & Recycling Solutions
To see the full contact details of Riolo Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Riolo Private Limited
FY 2025 filings availableRiolo Private Limited reported revenue of ₹5.67 Lakh (up 217% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 217% in the latest year. EBITDA rose 53% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | -₹2.75 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹2.75 Lakh | ||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Profitability | |||
| EBITDA Margin | -48.4% | ||
| Net Profit Margin | -48.4% | ||
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To see the full financial statements and ratios of Riolo Private Limited, buy the company report.
Board of directors of Riolo Private Limited
Riolo has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Puneet Ajay Rai | Director | 23 Mar 2022 | 4 Years 7 Months | Current |
| Shiv Suresh Mistry | Director | 23 Mar 2022 | 4 Years 7 Months | Current |
Peer comparison
Riolo Private Limited is compared with the 3 companies closest to it by revenue in the Cleantech industry (Plastic Based Products, Recycling and Waste Treatment), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Replast Epr Private Limited | ₹5.77 Lakh (FY 2025) | -86.0% | Nagpur, Maharashtra, India | |||
| Brij Poly Plast Private Limited | ₹5.71 Lakh (FY 2025) | -85.0% | Uttar Pradesh, India | |||
| Riolo Private Limitedthis company | ₹5.67 Lakh (FY 2024) | -₹2.75 Lakh | -48.4% | 217.0% | Vasai, Maharashtra, India | |
| Marcolini Building Solutions Private Limited | ₹5.58 Lakh (FY 2025) | -91.0% | Mathura, Uttar Pradesh, India |
To see the full peer comparison of Riolo Private Limited, buy the company report.
Auditor
Riolo Private Limited is audited by SAMIR GAJJAR & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAMIR GAJJAR & CO. | FY 2023 | 131946W |
Shareholding
The shareholding of Riolo Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Riolo Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Riolo Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Riolo Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Riolo Private Limited has 1 active EPFO establishment as of Apr 05, 2024.
GST
No GST registration is on our record for Riolo Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Riolo Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Puneet Ajay Rai was appointed as Director on 23 Mar 2022.
Frequently asked questions
Riolo is an active private limited company based in Vasai, Maharashtra, India. The company works in waste management and recycling solutions, within the environment industry. It was incorporated on 23 March 2022 (4+ years old) and is registered under CIN U25209MH2022PTC378895.
Riolo has 2 current directors:
- Puneet Ajay Rai - Director
- Shiv Suresh Mistry - Director
The latest financial statements of Riolo on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Riolo is U25209MH2022PTC378895. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Riolo was incorporated on 23 March 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Riolo by revenue are Replast Epr Private Limited, Brij Poly Plast Private Limited, Marcolini Building Solutions Private Limited, all in the Cleantech industry (Plastic Based Products, Recycling and Waste Treatment), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Puneet Ajay Rai was appointed as Director on 23 Mar 2022. Shiv Suresh Mistry was appointed as Director on 23 Mar 2022.
Yes, Riolo is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Riolo is at Gala No. 104 Varun Industrial Estate Building No. 2, Survey No. 46D1 Chinchpada Waliv Road Vasai Road East, Maharashtra, India – 401208.
Riolo operates in the environment industry, in the waste management and recycling solutions segment.
The compliance status of Riolo is compliant as of 01 September 2026. The company is actively filing with the Registrar of Companies.

