Amritsar MSW Limited
About Amritsar MSW Limited
Data last updated:
Amritsar MSW Limited is a public limited company based in New Delhi, Delhi, India, a subsidiary of Essel Infraprojects Limited. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the waste management and recycling solutions segment of the environmental services sector. It was incorporated on 12 February 2014.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U90000DL2014PLC264806. Its GSTIN is 03AADCE6139N1ZI (Punjab).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Essel Amritsar Msw Limited. It is led by directors including Deepak Goyal Kumar (Irp/Rp/Liquidator) and Ajitpal Singh Dhillon.
Its last annual general meeting (AGM) was held on 30 December 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Unit 115 Of Level 1 & 2 Crescent Building, Lado Sarai Mehrauli, New Delhi, Delhi, India – 110030.
As per the financials filed for FY 2022, the company reported a revenue of ₹39.44 Cr, a growth of 111% compared to the previous year. For the same year it recorded a net profit of ₹3.9 Cr (net margin 9.9%) and EBITDA of ₹8.12 Cr (EBITDA margin 20.6%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 32% over five years.
The company has about 843 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Averda. As per MCA filings, the company has open charges of ₹10 Cr on record. Court records list 8 cases involving the company, including 7 filed against it; 1 case is pending.
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- Registered AddressUnit 115 Of Level 1 & 2 Crescent Building, Lado Sarai Mehrauli, New Delhi, Delhi, India – 110030
- IndustryEnvironment, Waste Management & Recycling Solutions
- 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 Amritsar MSW Limited
The main business activity of Amritsar MSW 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 | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| E | Water supply, sewerage and waste management | E3 | Waste collection, treatment and disposal activities, materials recovery and Other waste management services | 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 Amritsar MSW Limited FY 2022 filings available
Amritsar MSW Limited reported revenue of ₹39.44 Cr (up 111% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Amritsar MSW Limited
Revenue has grown at a compounded annual rate (CAGR) of 32% over five years, including 111% growth in the latest year. EBITDA rose 231% 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 Amritsar MSW Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | ₹8.12 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.9 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 Amritsar MSW Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 9.9% | •••• | •••• | •••• | •••• |
| 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 Amritsar MSW 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.
Peer Comparison of Amritsar MSW Limited
Amritsar MSW Limited is compared with the companies closest to it by revenue in the Cleantech industry (Recycling and Waste Treatment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| SMS Envocare Limited | ₹40.4 Cr (FY 2025) | •••• | •••• | 52.0% | •••• | Nagpur, Maharashtra, India |
| Jai Jagdamba Scrap Suppliers Limited | ₹40.35 Cr (FY 2024) | •••• | •••• | -45.0% | •••• | Uttar Pradesh, India |
| Soriaan Recyclers Private Limited | ₹40.28 Cr (FY 2025) | •••• | •••• | 241.0% | •••• | Ramangara, Karnataka, India |
| Evergreen Lithium Recycling Private Limited | ₹39.68 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | Palghar, Maharashtra, India |
| Shivalik Solid Waste Management Limited | ₹39.57 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Nalagarh, Himachal Pradesh, India |
| Amritsar MSW Limited this company | ₹39.44 Cr (FY 2022) | •••• | •••• | 111.0% | •••• | New Delhi, Delhi, India |
| Mahabull Infra Engineers Private Limited | ₹38.98 Cr (FY 2025) | •••• | •••• | 60.0% | •••• | Mumbai, Maharashtra, India |
| Vasoo Infracon Private Limited | ₹38.43 Cr (FY 2025) | •••• | •••• | 254.0% | •••• | New Delhi, Delhi, India |
| Resource E Waste Solutions Private Limited | ₹38.24 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | Delhi, India |
| Enviro Recyclean Private Limited | ₹38.1 Cr (FY 2024) | •••• | •••• | 4.0% | •••• | Mumbai, Maharashtra, India |
| Enviro Enablers India Private Limited | ₹37.7 Cr (FY 2025) | •••• | •••• | 2437.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Amritsar MSW by revenue in the Cleantech industry (Recycling and Waste Treatment), 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 Amritsar MSW Limited
Amritsar MSW Limited is audited by B S SHARMA & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B S SHARMA & 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.
Board of Directors of Amritsar MSW Limited
Amritsar MSW has 4 current directors and 26 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajitpal Singh Dhillon | Additional Director | 26 Aug 2024 | 2 Years 1 Months | As last reported |
| Deepak Goyal Kumar | Irp/Rp/Liquidator | 11 Jun 2025 | 1 Years 4 Months | As last reported |
| Pradeep Kumar Also directs: Averda Waste Management India Private Limited | Additional Director | 26 Aug 2024 | 2 Years 1 Months | As last reported |
| Supriya Akolkar | Additional Director | 05 Dec 2024 | 1 Years 10 Months | As last reported |
Ownership and Shareholding of Amritsar MSW 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 Amritsar MSW Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Jun 2020 | Others | ₹10 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Amritsar MSW Limited
Amritsar MSW Limited has 8 court cases on record: 7 filed against it, 1 where it is another party. 1 case is pending and 7 are disposed. Status as checked between 21 Sep 2026 and 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 5 | 5 | 0 |
| High courts | 2 | 1 | 0 |
| District courts | 1 | 1 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, New Delhi | Interim or miscellaneous application | Filed against the company by Liberium Global Resources Private Limited | Disposed |
| NCLAT, New Delhi | Interim or miscellaneous application | Filed against the company by Averda Waste Management India Private Limited | Disposed |
| NCLAT, New Delhi | Insolvency matter | Filed against the company by Averda Waste Management India Private Limited | Disposed |
| Calcutta High Court | Arbitration matter | Filed against the company by Srei Equipment Finance Limited | Disposed |
| District court, Bathinda, Punjab | Civil suit | Filed against the company by Bala Ji Hydro Company | Pending |
Full case history
All 8 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.
Associated Brands with Amritsar MSW Limited
Amritsar MSW operates one associated brand: Averda. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Integrated waste management company | averda.com |
Employees and EPFO Compliance at Amritsar MSW Limited
Amritsar MSW Limited has a workforce of 843 employees as of Mar 28, 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 Amritsar MSW Limited
Amritsar MSW Limited has 30 board changes on record since 2014: 4 appointments and 26 cessations. The latest: Deepak Goyal Kumar was appointed as Irp/Rp/Liquidator on 11 Jun 2025.
22 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Amritsar MSW 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.
MSME Payment Delays by Amritsar MSW Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Amritsar MSW 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 Amritsar MSW Limited
Amritsar MSW has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AADCE6139N1ZI | Punjab | Active | 01 Jul 2017 |
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 Amritsar MSW 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 Amritsar MSW Limited
Amritsar MSW is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Amritsar MSW is a company under insolvency, formerly operating as a public limited company based in New Delhi, Delhi, India. The company works in waste management and recycling solutions, within the environment industry. It was incorporated on 12 February 2014 and is registered under CIN U90000DL2014PLC264806. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Amritsar MSW reported revenue of ₹39.44 Cr for FY 2022 (up 111% YoY).
Amritsar MSW has 4 current directors:
- Ajitpal Singh Dhillon - Additional Director
- Pradeep Kumar - Additional Director
- Supriya Akolkar - Additional Director
- Deepak Goyal Kumar - Irp/Rp/Liquidator
Amritsar MSW reported a net profit of ₹3.9 Cr (net margin 9.9%) and EBITDA of ₹8.12 Cr (EBITDA margin 20.6%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Amritsar MSW is 18% over three years and 32% over five years. In the latest year (FY 2022) revenue rose 111%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Amritsar MSW is U90000DL2014PLC264806. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Amritsar MSW has open charges of ₹10 Cr and no satisfied charges on record as per latest MCA filings.
Amritsar MSW has 8 court cases on record: 7 filed against it. 1 is pending. Most are in the nclat.
Amritsar MSW was incorporated on 12 February 2014. It is registered with the Registrar of Companies, Delhi.
The peers of Amritsar MSW by revenue are SMS Envocare Limited, Jai Jagdamba Scrap Suppliers Limited, Soriaan Recyclers Private Limited, Evergreen Lithium Recycling Private Limited, Shivalik Solid Waste Management Limited and 5 more, all in the Cleantech industry (Recycling and Waste Treatment).