Startup India Government of India
Trashman Private Limited
Trashman Private Limited - engineering in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹17.06 Cr
▲ 304% YoY
Net loss · FY 2025
₹8.96 Cr
Net margin -52.5%
EBITDA · FY 2025
-₹6.51 Cr
EBITDA margin -38.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹2.65 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Employees · EPFO
9
Provident fund records
Directors on board
3
As per MCA filings
About Trashman Private Limited
Data last updated:
Trashman Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the engineering sector. It was incorporated on 17 May 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U37100KA2021PTC147560. Its GSTIN is 29AAICT6210G1ZB (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2.65 Lakh. It is led by directors including Raghavan Madhubala Nivedha and Saurabh Jain.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No. 1101 Alps Heritage Estate Puttenahalli Yelahanka, Bangalore, Karnataka, India – 560064.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.06 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹8.96 Cr (net margin -52.5%) and EBITDA of -₹6.51 Cr (EBITDA margin -38.2%). Revenue has grown at a compounded annual rate (CAGR) of 572% over three years.
The company has about 9 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
Trashman Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-02-0037651). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U37100KA2021PTC147560
Registration Number 147560
Incorporation Date 17 May 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification MSME
Udyam Registration UDYAM-KR-02-0037651
Key People
Raghavan Madhubala Nivedha Director Saurabh Jain Director Cornelius Ewoud Rykaart Director Recognitions & Rankings of Trashman
MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-KR-02-0037651
Contact details
Trashman Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. 1101 Alps Heritage Estate Puttenahalli Yelahanka, Bangalore, Karnataka, India – 560064
- IndustryEngineering, Engineering, Procurement & Construction (EPC)
To see the full contact details of Trashman Private Limited, buy the company report.
Comprehensive company report
Trashman Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Trashman is water supply, sewerage and waste management. In detail, this covers waste collection, treatment and disposal activities, materials recovery and other waste management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| E | Water supply, sewerage and waste management | E3 | Waste collection, treatment and disposal activities, materials recovery and Other waste management services |
To see the full business activity and turnover split of Trashman Private Limited, buy the company report.
Financials of Trashman Private Limited
FY 2024 filings availableTrashman Private Limited reported revenue of ₹17.06 Cr (up 304% YoY) for FY 2025.
Revenue · FY 2025
₹17.06 Cr ▲ 304%
Net loss · FY 2025
₹8.96 Cr margin -52.5%
EBITDA · FY 2025
-₹6.51 Cr margin -38.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 304%
3 years · compounded
▲ 572%
EBITDA CAGR growth
1 year
▼ 17%
3 years · compounded
▼ 990%
Revenue has grown at a compounded annual rate (CAGR) of 572% over three years, including 304% growth in the latest year. EBITDA fell 17% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
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| Depreciation and Amortisation | ||||
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| Total Expenses | ||||
| EBITDA | -₹6.51 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹8.96 Cr | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
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| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -38.2% | |||
| Net Profit Margin | -52.5% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Trashman Private Limited, buy the company report.
Board of directors of Trashman Private Limited
Trashman has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghavan Madhubala Nivedha | Director | 25 Jan 2022 | 4 Years 8 Months | Current |
| Saurabh Jain Also directs: Ecohandlers Private Limited, Trashcon Labs Private Limited | Director | 25 Jan 2022 | 4 Years 8 Months | Current |
| Cornelius Ewoud Rykaart | Director | 31 Mar 2023 | 3 Years 6 Months | Current |
Auditor
Trashman Private Limited is audited by Hemanth Jain and Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Hemanth Jain and Associates | FY 2023 | 018437S |
Shareholding
The shareholding of Trashman Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Trashman Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Trashman 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 Trashman Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Trashman has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
2
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Ecohandlers Private Limited | U37100KA2021PTC147860 | |
| Trashcon Labs Private Limited | U74999KA2017PTC107515 |
To see the full group structure of Trashman Private Limited, buy the company report.
Employees & EPFO
Trashman Private Limited has a workforce of 9 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
9
Active EPFO establishments
1
Employee growth
80%
GST
Trashman has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICT6210G1ZB | Karnataka | Active | 10 Jun 2021 |
| 29AAICT6468L1ZG | Karnataka | Active | 21 Jun 2021 |
To see the full GST registrations and return filing status of Trashman Private Limited, buy the company report.
Recent activity
Trashman Private Limited has 9 board changes on record since 2021: 6 appointments and 3 cessations. The latest: Cornelius Ewoud Rykaart was appointed as Director on 31 Mar 2023.
AGM
Trashman Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Trashman Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Cornelius Ewoud Rykaart was appointed as Director.
Ceased
Manish Suri ceased to be Director.
Appointed
Manish Suri was appointed as Director.
Ceased
Nirmala Jain ceased to be Director.
Ceased
Suresh Chand Jain ceased to be Director.
Appointed
Raghavan Madhubala Nivedha was appointed as Director.
Appointed
Saurabh Jain was appointed as Director.
Appointed
Nirmala Jain was appointed as Director.
Appointed
Suresh Chand Jain was appointed as Director.
Incorporation
17 May 2021
Trashman Private Limited was registered on 17 May 2021 with Roc Bangalore & aged 5 years 5 months as per MCA records.
Frequently asked questions
Trashman is an active private limited company based in Bangalore, Karnataka, India. The company works in the engineering industry. It was incorporated on 17 May 2021 (5+ years old) and is registered under CIN U37100KA2021PTC147560.
Trashman has 3 current directors:
- Raghavan Madhubala Nivedha - Director
- Saurabh Jain - Director
- Cornelius Ewoud Rykaart - Director
The latest financial statements of Trashman on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Trashman is 29AAICT6210G1ZB, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAICT6468L1ZG (Karnataka).
The CIN (Corporate Identification Number) of Trashman is U37100KA2021PTC147560. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Trashman was incorporated on 17 May 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Cornelius Ewoud Rykaart was appointed as Director on 31 Mar 2023. Manish Suri ceased to be Director on 31 Mar 2023. Manish Suri was appointed as Director on 29 Mar 2022. Trashman has 9 board changes on record in total.
Yes, Trashman is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Trashman is registered as an MSME under Udyam registration (number: UDYAM-KR-02-0037651).
The registered office of Trashman is at No. 1101 Alps Heritage Estate Puttenahalli Yelahanka, Bangalore, Karnataka, India – 560064.