MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-UP-56-0016010
Circle CBG India Private Limited - environment in Meerut, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹7.04 Cr
▲ 20101% YoY
Net loss · FY 2025
₹5.21 Cr
Net margin -74%
EBITDA · FY 2025
-₹55.37 Lakh
EBITDA margin -7.9%
Authorised capital
₹37.25 Cr
Registered with MCA
Paid-up capital
₹36.78 Cr
Issued & subscribed
Open charges
₹53.06 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Employees · EPFO
13
Provident fund records
About Circle CBG India Private Limited
Data last updated:
Circle CBG India Private Limited is a private limited company based in Meerut, Uttar Pradesh, India. It operates in the biofuel and biomass energy segment of the environmental services sector. It was incorporated on 21 May 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U40300UP2021PTC146410. Its GSTIN is 09AAJCC4985E1ZB (Uttar Pradesh).
The company has an authorised share capital of ₹37.25 Cr and a paid-up capital of ₹36.78 Cr. It is led by directors including Ankur Jaggi and Lalit Kumar Jaggi.
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 136 Manoranjan Park Saket Civil Line, Meerut, Uttar Pradesh, India – 250003.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.04 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹5.21 Cr (net margin -74%) and EBITDA of -₹55.37 Lakh (EBITDA margin -7.9%).
The company has about 13 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Circle H2O. As per MCA filings, the company has open charges of ₹53.06 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending. The company has 1 deal on record (1 rights issue); the latest was in October 2021. Its 10 peer companies in the Cleantech industry (Biofuel and Biomass) are compared by revenue, 5 larger and 5 smaller; the largest is Rabl Energy (India) Private Limited with revenue of ₹7.38 Cr. The company has 3 MSME Form 1 returns on record between 2022 and 2024, listing 16 overdue payments to 12 micro and small suppliers.
Circle CBG India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-56-0016010). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website circleh2o.com.
Company details
CIN U40300UP2021PTC146410
Registration Number 146410
Incorporation Date 21 May 2021
ROC Uttar Pradesh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-UP-56-0016010
Recognitions & Rankings of Circle CBG India
Contact details
Circle CBG India Private Limited's registered office is in Meerut, Uttar Pradesh. Its website is circleh2o.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address136 Manoranjan Park Saket Civil Line, Meerut, Uttar Pradesh, India – 250003
- IndustryEnvironment, Biofuel & Biomass Energy
To see the full contact details of Circle CBG India Private Limited, buy the company report.
Comprehensive company report
Circle CBG India 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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Brands
Circle CBG India operates one associated brand: Circle H2O. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers process engineering, automation, and AI for global water and wastewater management. | circleh2o.com |
Financials of Circle CBG India Private Limited
FY 2025 filings availableCircle CBG India Private Limited reported revenue of ₹7.04 Cr (up 20101% YoY) for FY 2025.
Revenue · FY 2025
₹7.04 Cr ▲ 20101%
Net loss · FY 2025
₹5.21 Cr margin -74%
EBITDA · FY 2025
-₹55.37 Lakh margin -7.9%
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 | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹55.37 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹5.21 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -7.9% | |||
| Net Profit Margin | -74% | |||
| 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 Circle CBG India Private Limited, buy the company report.
Board of directors of Circle CBG India Private Limited
Circle CBG India has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankur Jaggi | Director | 21 May 2021 | 5 Years 5 Months | Current |
| Lalit Kumar Jaggi Also directs: Circle H2o Private Limited | Director | 21 May 2021 | 5 Years 5 Months | Current |
| Krishan Mohan Kshetry Also directs: Circle H2o Private Limited | Director | 21 Jun 2021 | 5 Years 4 Months | Current |
Peer comparison
Circle CBG India Private Limited is compared with the 10 companies closest to it by revenue in the Cleantech industry (Biofuel and Biomass), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rabl Energy (India) Private Limited | ₹7.38 Cr (FY 2025) | 65.0% | Panchkula, Haryana, India | |||
| Nugreen Energy Private Limited | ₹7.36 Cr (FY 2021) | -34.0% | New Delhi, Delhi, India | |||
| Girvar & Sons Bio Energy Private Limited | ₹7.35 Cr (FY 2024) | 368.0% | Meerut, Uttar Pradesh, India | |||
| Patiala RNG Private Limited | ₹7.07 Cr (FY 2025) | 15.0% | Malerkotla, Punjab, India | |||
| Alten Power Private Limited | ₹7.07 Cr (FY 2024) | -2.0% | Hyderabad, Telangana, India | |||
| Circle CBG India Private Limitedthis company | ₹7.04 Cr (FY 2025) | -₹5.21 Cr | -74% | 20101.0% | 13 | Meerut, Uttar Pradesh, India |
| Greenergy Gujarat Company Private Limited | ₹7.01 Cr (FY 2025) | 6149.0% | Chennai, Tamil Nadu, India | |||
| Mrbio Energy Private Limited | ₹7 Cr (FY 2025) | 9151.0% | Gurugram, Haryana, India | |||
| Maa Kamdhenu Bio Energy Private Limited | ₹6.9 Cr (FY 2025) | 20.0% | Lalpur, Jharkhand, India | |||
| Uco100 Bioenergy India Private Limited | ₹6.82 Cr (FY 2022) | 285.0% | Navi Mumbai, Maharashtra, India | |||
| Alterno Green Energy Private Limited | ₹6.79 Cr (FY 2025) | 62.0% | Pune, Maharashtra, India |
To see the full peer comparison of Circle CBG India Private Limited, buy the company report.
Auditor
Circle CBG India Private Limited is audited by Saluja & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Saluja & Associates | FY 2023 | 000148N |
Shareholding
The shareholding of Circle CBG India 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 Circle CBG India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹53.06 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Sep 2024 | 100988999 | Hdfc Bank Limited | ₹57.45 Lakh | Open | |
| 27 Jul 2023 | 100779438 | Hdfc Bank Limited | ₹48.21 Lakh | Open | |
| 26 Oct 2022 | 100640035 | Hdfc Bank Limited | ₹52 Cr | Open |
To see the full charge records of Circle CBG India Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Circle CBG India Private Limited has 1 deal on record (1 rights issue); the latest was in October 2021.
Total deals
1
Rights issue
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2021 | Rights issue | ₹17.86 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Circle CBG India Private Limited has 1 court case on record: 1 filed by Circle CBG India. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Meerut, Uttar Pradesh | Interim or miscellaneous application | Filed by the company against an individual | Pending |
To see the full case history of Circle CBG India Private Limited, buy the company report.
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
Circle CBG India Private Limited has 3 MSME Form 1 returns on record between 2022 and 2024, listing 16 overdue payments to 12 micro and small suppliers. 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 (5 of 12)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ishwar Chandra Kamlesh Kumar | |||
| an individual supplier | |||
| W2e Engineering Private Limited | |||
| an individual supplier | |||
| Powertech Corporation |
To see the full MSME payment records of Circle CBG India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Circle CBG India Private Limited has a workforce of 13 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
13
Active EPFO establishments
1
Employee growth
225%
GST
Circle CBG India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAJCC4985E1ZB | Uttar Pradesh | Active | 18 Sep 2021 |
To see the full GST registrations and return filing status of Circle CBG India Private Limited, buy the company report.
Recent activity
Circle CBG India Private Limited has 4 board changes on record since 2021: 3 appointments and 1 cessation. The latest: Krishan Mohan Kshetry ceased to be Additional Director on 27 Sep 2022.
AGM
Circle Cbg India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Circle Cbg India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Uttar Pradesh Ii.
Charges
A charge with Hdfc Bank Limited of Rs. 52.00 Cr registered on 26 Oct 2022 with Charge ID 100640035 was modified on 20 Mar 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.57 Cr with Charge ID 100988999 was registered on 26 Sep 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.48 Cr with Charge ID 100779438 was registered on 27 Jul 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 52.00 Cr with Charge ID 100640035 was registered on 26 Oct 2022.
Ceased
Krishan Mohan Kshetry ceased to be Additional Director.
Appointed
Krishan Mohan Kshetry was appointed as Director.
Appointed
Ankur Jaggi was appointed as Director.
Appointed
Lalit Kumar Jaggi was appointed as Director.
Incorporation
21 May 2021
Circle Cbg India Private Limited was registered on 21 May 2021 with Roc Uttar Pradesh Ii & aged 5 years 5 months as per MCA records.
Frequently asked questions
Circle CBG India is an active private limited company based in Meerut, Uttar Pradesh, India. The company works in biofuel and biomass energy, within the environment industry. It was incorporated on 21 May 2021 (5+ years old) and is registered under CIN U40300UP2021PTC146410.
Circle CBG India has 3 current directors:
- Ankur Jaggi - Director
- Lalit Kumar Jaggi - Director
- Krishan Mohan Kshetry - Director
The latest financial statements of Circle CBG India 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 GSTIN of Circle CBG India is 09AAJCC4985E1ZB, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Circle CBG India is U40300UP2021PTC146410. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Circle CBG India has 1 court case on record: 1 filed by the company. 1 is pending.
Circle CBG India was incorporated on 21 May 2021, making it 5+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
Circle CBG India has 1 deal on record (1 rights issue); the latest was in October 2021.
The peers of Circle CBG India by revenue are Rabl Energy (India) Private Limited, Nugreen Energy Private Limited, Girvar & Sons Bio Energy Private Limited, Patiala RNG Private Limited, Alten Power Private Limited and 5 more, all in the Cleantech industry (Biofuel and Biomass).
Krishan Mohan Kshetry ceased to be Additional Director on 27 Sep 2022. Krishan Mohan Kshetry was appointed as Director on 21 Jun 2021. Ankur Jaggi was appointed as Director on 21 May 2021. Circle CBG India has 4 board changes on record in total.
Yes, Circle CBG India is registered as a micro enterprise under Udyam registration (number: UDYAM-UP-56-0016010).
Circle CBG India has 3 MSME Form 1 returns on record between 2022 and 2024, listing 16 overdue payments to 12 micro and small suppliers. The latest return was filed on 03 Jul 2024.
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