Asia Recycle Private Limited

Asia Recycle Private Limited - metals and minerals in Gandhidham, Gujarat, India. FY 2026 financials & compliance.
CIN U37100GJ2012PTC070287 Incorporated 12 May 2012 ROC Ahmedabad HQ Gandhidham, Gujarat, India
Active Private Limited Company metals and minerals
Data last updated
Revenue · FY 2024
₹1,460
▼ 100% YoY
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹90.25 Lakh
Issued & subscribed
Open charges
₹2.47 Cr
Secured borrowings
Company age
14 yrs
Est. 2012
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
Last financials
Mar 2024
Balance sheet date

About Asia Recycle Private Limited

Data last updated:

Asia Recycle Private Limited is a private limited company based in Gandhidham, Gujarat, India. It operates in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 12 May 2012 and has been in existence for over 14 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U37100GJ2012PTC070287. Its GSTIN is 24AAKCA5780C1ZT (Gujarat).

The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹90.25 Lakh. It is led by directors including Bhakti Nitinkumar Katarmal and Jignaben Dineshkumar Chandra.

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 Plot No. 44 Sector – 8, Gandhidham, Gujarat, India – 370201.

As per MCA filings, the company has open charges of ₹2.47 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U37100GJ2012PTC070287
Registration Number 070287
Incorporation Date 12 May 2012
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

Contact details

Asia Recycle Private Limited's registered office is in Gandhidham, Gujarat. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Plot No. 44 Sector – 8, Gandhidham, Gujarat, India – 370201
  • Industry
    Metals and Minerals, Materials Retail & Distribution

To see the full contact details of Asia Recycle Private Limited, buy the company report.

Comprehensive company report
Asia Recycle 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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Financials of Asia Recycle Private Limited

FY 2024 filings available

Asia Recycle Private Limited reported revenue of ₹1,460 (down 100% YoY) for FY 2024.

Revenue · FY 2024
₹1,460 ▼ 100%

Financial Statement Summary

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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
Profit Before Tax
Tax Expense
Net Profit (PAT)
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin
Net Profit Margin
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

To see the full financial statements and ratios of Asia Recycle Private Limited, buy the company report.

Board of directors of Asia Recycle Private Limited

Asia Recycle has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Bhakti Nitinkumar KatarmalDirector12 May 201214 Years 5 MonthsCurrent
Jignaben Dineshkumar ChandraDirector12 May 201214 Years 5 MonthsCurrent
Satish Hairam ChandraDirector12 May 201214 Years 5 MonthsCurrent

Peer comparison

Asia Recycle Private Limited is compared with the 10 companies closest to it by revenue in the Metals and Minerals industry (Materials Retail and Distribution, Ship Broking and Shipping Agency), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Shree Real Estates Private Limited₹1,726 (FY 2024)13.0%Kolkata, West Bengal, India
Rahul Multitrade Private Limited.₹1,665 (FY 2021)Mumbai, Maharashtra, India
Mohini Trading Pvt Ltd₹1,560 (FY 2025)-98.0%Kolkata, West Bengal, India
Inkor Rockstones Private Limited₹1,529 (FY 2023)-99.0%Jaipur, Rajasthan, India
SM Commodities Private Limited₹1,485 (FY 2025)Indore, Madhya Pradesh, India
Asia Recycle Private Limitedthis company₹1,460 (FY 2024)-100.0%Gandhidham, Gujarat, India
Fateh Industries Private Limited₹1,420 (FY 2025)-100.0%New Delhi, Delhi, India
Singhal Coal Benefication Private Limited₹1,408 (FY 2024)Raipur, Chhattisgarh, India
Shivpuri Trading Company₹1,400 (FY 2022)-38.0%Mumbai, Maharashtra, India
Vinjin Innovations Private Limited₹1,369 (FY 2025)-77.0%New Delhi, Delhi, India
Venus Calchem Private Limited₹1,362 (FY 2025)7.0%Himachal Pradesh, India

To see the full peer comparison of Asia Recycle Private Limited, buy the company report.

Auditor

Asia Recycle Private Limited is audited by GAJENDRA BOLIA & CO for the financial year 2018.

Auditor firmFinancial yearFirm registration number
GAJENDRA BOLIA & COFY 2018118114W

Shareholding

The shareholding of Asia Recycle Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2018FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Asia Recycle Private Limited, buy the company report.

Charges & borrowings

Open charges
₹2.47 Cr
Satisfied charges
None
Breakdown by lending institutions
Yes Bank Limited₹2.47 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Apr 2022100574569Yes Bank Limited₹2.47 CrOpen

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Asia Recycle Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Asia Recycle has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAKCA5780C1ZTGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Asia Recycle Private Limited, buy the company report.

Recent activity

Asia Recycle Private Limited has 4 board changes on record since 2012: 3 appointments and 1 cessation. The latest: Nilesh Rameshbhai Katarmal ceased to be Director on 05 Jan 2017.

AGM
Asia Recycle Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Asia Recycle Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Yes Bank Limited amounted to Rs. 2.47 Cr with Charge ID 100574569 was registered on 28 Apr 2022.
Ceased
Nilesh Rameshbhai Katarmal ceased to be Director.
Appointed
Bhakti Nitinkumar Katarmal was appointed as Director.
Appointed
Jignaben Dineshkumar Chandra was appointed as Director.
Appointed
Satish Hairam Chandra was appointed as Director.
Incorporation
12 May 2012
Asia Recycle Private Limited was registered on 12 May 2012 with Roc Ahmedabad & aged 14 years 6 months as per MCA records.

Frequently asked questions

Asia Recycle is an active private limited company based in Gandhidham, Gujarat, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 12 May 2012 (14+ years old) and is registered under CIN U37100GJ2012PTC070287.

Asia Recycle has 3 current directors:

The latest financial statements of Asia Recycle 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 2015 are in the company report.

The GSTIN of Asia Recycle is 24AAKCA5780C1ZT, registered in Gujarat.

The CIN (Corporate Identification Number) of Asia Recycle is U37100GJ2012PTC070287. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Asia Recycle was incorporated on 12 May 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Asia Recycle by revenue are Shree Real Estates Private Limited, Rahul Multitrade Private Limited, Mohini Trading Pvt Ltd, Inkor Rockstones Private Limited, SM Commodities Private Limited and 5 more, all in the Metals and Minerals industry (Materials Retail and Distribution, Ship Broking and Shipping Agency).

Nilesh Rameshbhai Katarmal ceased to be Director on 05 Jan 2017. Bhakti Nitinkumar Katarmal was appointed as Director on 12 May 2012. Jignaben Dineshkumar Chandra was appointed as Director on 12 May 2012. Asia Recycle has 4 board changes on record in total.

The registered office of Asia Recycle is at Plot No. 44 Sector – 8, Gandhidham, Gujarat, India – 370201.

Asia Recycle operates in the metals and minerals industry, in the materials retail and distribution segment.

Asia Recycle has open charges of ₹2.47 Cr and no satisfied charges on record as per latest MCA filings.