About Allied Recycling Limited
Data last updated:
Allied Recycling Limited is a public limited company based in Ludhiana, Punjab, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 02 December 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U27100PB2003PLC026583. Its GSTIN is 03AAECA7648B1Z2 (Punjab). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹11.5 Cr and a paid-up capital of ₹9.72 Cr. It was formerly known as Allied Recycling Private Limited. It is led by directors including Santosh Abrol (Managing Director) and Krishan Vallabh (Managing Director).
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 Ludhiana, Punjab.
As per the financials filed for FY 2025, the company reported a revenue of ₹612.19 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹11.37 Cr (net margin 1.9%) and EBITDA of ₹22.54 Cr (EBITDA margin 3.7%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 11% over five years.
The company has about 75 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹88.39 Cr and satisfied charges of ₹87.91 Cr on record. Court records list 9 cases involving the company, including 5 filed by the company and 4 filed against it; 1 case is pending. The company has 13 deals on record (8 secondary share transfers, 5 funding rounds), with disclosed funding of ₹13.37 Cr; the latest was in June 2024. Its 10 peer companies in the Metals and Minerals industry (Cables and Wires, Steel) are compared by revenue, 5 larger and 5 smaller; the largest is Neemrana Steel Service Center India Private Limited with revenue of ₹616.96 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 1 overdue payment to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website alliedrecycling.in.
CIN History of Allied Recycling Limited
Allied Recycling has one previous CIN (Corporate Identification Number): L27100PB2003PLC026583. The current CIN is U27100PB2003PLC026583, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27100PB2003PLC026583 | Current |
| L27100PB2003PLC026583 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressVpo Budhewal, Chandigarh Road, Ludhiana, Punjab, India – 141112
- IndustryManufacturing, Cable & Wire
- 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
- One PDF report, delivered after checkout
Business Activity of Allied Recycling Limited
The main business activity of Allied Recycling is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Allied Recycling Limited FY 2024 filings available
Allied Recycling Limited reported revenue of ₹612.19 Cr (up 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Allied Recycling Limited
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 19% growth in the latest year. EBITDA rose 20% 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 of Allied Recycling Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹22.54 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹11.37 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Allied Recycling Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.9% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Allied Recycling are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Allied Recycling Limited
Allied Recycling has 9 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Santosh Abrol Also directs: Allied Multimetals & Alloys Private Limited | Managing Director | 02 Dec 2003 | 22 Years 10 Months | Current |
| Krishan Vallabh Also directs: Krishan Multimetals & Alloys Private Limited | Managing Director | 21 Aug 2021 | 5 Years 2 Months | Current |
| Savinay Garg Also directs: Krishan Multimetals & Alloys Private Limited | Managing Director | 23 Apr 2004 | 22 Years 5 Months | Current |
| Sanjay Garg Also directs: Krishan Multimetals & Alloys Private Limited | Managing Director | 23 Apr 2004 | 22 Years 5 Months | Current |
| Hitesh Abrol Also directs: Allied Multimetals & Alloys Private Limited | Managing Director | 02 Dec 2003 | 22 Years 10 Months | Current |
| Vandana Abrol Also directs: Allied Multimetals & Alloys Private Limited | Managing Director | 01 Jul 2022 | 4 Years 3 Months | Current |
Peer Comparison of Allied Recycling Limited
Allied Recycling Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Cables and Wires, Steel). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Neemrana Steel Service Center India Private Limited | ₹616.96 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Neemrana, Rajasthan, India |
| Hindustan Inox Limited | ₹616.24 Cr (FY 2024) | •••• | •••• | -9.0% | •••• | Mumbai, Maharashtra, India |
| Kashvi International Private Limited | ₹615.3 Cr (FY 2024) | •••• | •••• | -28.0% | •••• | Bhubaneswar, Odisha, India |
| Anjani Steels Limited | ₹614.38 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | New Delhi, Delhi, India |
| Delhi Trading Commercial Private Limited | ₹613.31 Cr (FY 2025) | •••• | •••• | 23536.0% | •••• | Jaipur, Rajasthan, India |
| Allied Recycling Limited this company | ₹612.19 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Ludhiana, Punjab, India |
| Sri Langta Baba Steels Private Limited | ₹610.65 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Giridih, Jharkhand, India |
| Lakshmi Energy and Foods Limited Listed | ₹610.4 Cr (FY 2018) | •••• | •••• | -40.0% | •••• | Chandigarh, India |
| Rashi Steel and Power Limited | ₹607.4 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Bilaspur, Chhattisgarh, India |
| Committed Ispat Private Limited | ₹607.37 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | New Delhi, Delhi, India |
| Manbhum Ispat Private Limited | ₹606.03 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Allied Recycling by revenue in the Metals and Minerals industry (Cables and Wires, Steel), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Allied Recycling Limited
Allied Recycling Limited is audited by Aggarwal Gagg & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Aggarwal Gagg & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Allied Recycling Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Allied Recycling Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Aug 2025 | Axis Bank Limited | ₹3.3 Cr | Open |
| 22 Jul 2025 | Hdfc Bank Limited | ₹49.3 Lakh | Open |
| 15 Apr 2025 | Hdfc Bank Limited | ₹23 Cr | Open |
| 06 Mar 2025 | Axis Bank Limited | ₹57 Cr | Open |
| 25 Oct 2024 | Hdfc Bank Limited | ₹90 Lakh | Open |
Total charge records: 15 View all charges
Deals & Funding of Allied Recycling Limited
Allied Recycling Limited has 13 deals on record (8 secondary share transfers, 5 funding rounds), with disclosed funding of ₹13.37 Cr; the latest was in June 2024.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Lajjya Steels Limited |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Lajjya Steels Limited |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Lajjya Steels Limited |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Lajjya Steels Limited |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: Krishan Multimetals & Alloys Private Limited , Allied Multimetals & Alloys Private Limited , Lajjya Steels Limited Seller: Natraj Vinimay Limited , JMD Sound Limited, Fairmont Venture Private Limited |
Full deal history
All 13 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Allied Recycling Limited
Allied Recycling Limited has 9 court cases on record: 5 filed by Allied Recycling, 4 filed against it. 1 case is pending and 8 are disposed. Status as checked between 21 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 4 | 1 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Court case (COMI) | Filed against the company by Surya Powertech and Gears Private Limited | Disposed |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against Punjab State Power Corporation Limited | Disposed |
| District court, Fazilka, Punjab | Civil suit | Filed against the company by an individual | Pending |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against State of Punjab | Disposed |
| District court, Ludhiana, Punjab | Court case (COMI) | Filed by the company against an individual | Disposed |
Full case history
All 9 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Allied Recycling Limited
Allied Recycling Limited has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| KHK Alloys Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Allied Recycling Limited
Allied Recycling Limited has a workforce of 75 employees as of Apr 05, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Allied Recycling Limited
Allied Recycling Limited has 24 board changes on record since 2003: 9 appointments and 15 cessations. The latest: Amandeep Kaur ceased to be Additional Director on 29 Sep 2023.
43 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Allied Recycling Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Allied Recycling Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Allied Recycling Limited
Allied Recycling has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAECA7648B1Z2 | Punjab | Active | 01 Jul 2017 |
| 03AAECA7648B1DB | Punjab | Active | 25 Oct 2024 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Allied Recycling Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Allied Recycling Limited
Allied Recycling is an active public limited company based in Ludhiana, Punjab, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 02 December 2003 (23+ years old) and is registered under CIN U27100PB2003PLC026583.
Allied Recycling reported revenue of ₹612.19 Cr for FY 2025 (up 19% YoY).
Allied Recycling has 9 current directors:
- Santosh Abrol - Managing Director
- Krishan Vallabh - Managing Director
- Savinay Garg - Managing Director
- Sanjay Garg - Managing Director
- Hitesh Abrol - Managing Director
- Vandana Abrol - Managing Director
- Pooja Damir Miglani - Director
- Amandeep Kaur - Director
- Surinder Kumar Garg - Director
Allied Recycling reported a net profit of ₹11.37 Cr (net margin 1.9%) and EBITDA of ₹22.54 Cr (EBITDA margin 3.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Allied Recycling is 17% over three years and 11% over five years. In the latest year (FY 2025) revenue rose 19%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Allied Recycling is 03AAECA7648B1Z2, registered in Punjab. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 03AAECA7648B1DB (Punjab).
The CIN (Corporate Identification Number) of Allied Recycling is U27100PB2003PLC026583. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Allied Recycling has 9 court cases on record: 5 filed by the company and 4 filed against it. 1 is pending. Most are in the district courts.
Allied Recycling was incorporated on 02 December 2003, making it 23+ years old. It is registered with the Registrar of Companies, Chandigarh.
Allied Recycling has 13 deals on record (8 secondary share transfers, 5 funding rounds), with disclosed funding of ₹13.37 Cr; the latest was in June 2024.
The peers of Allied Recycling by revenue are Neemrana Steel Service Center India Private Limited, Hindustan Inox Limited, Kashvi International Private Limited, Anjani Steels Limited, Delhi Trading Commercial Private Limited and 5 more, all in the Metals and Minerals industry (Cables and Wires, Steel).
Amandeep Kaur ceased to be Additional Director on 29 Sep 2023. Amandeep Kaur was appointed as Director on 01 Apr 2023. Vandana Abrol was appointed as Managing Director on 01 Jul 2022. Allied Recycling has 24 board changes on record in total.