Deluxe Recycling (India) Private Limited - Company Profile

It is a environment private limited company based in Mumbai, Maharashtra, India, established in 1999.

1999 Mumbai, Maharashtra, India Active

Last Updated: January 05, 2026

About Deluxe Recycling (India) Private Limited

Deluxe Recycling (India) Private Limited, a active private limited company, was established on 28 October 1999 in Mumbai, Maharashtra, India. Engaging in waste management & recycling solutions within the manufacturing sector, it holds CIN: U21000MH1999PTC122424. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹2.40 Cr and a paid-up capital of ₹2.00 Cr.

It upholds a compliant status. Its leadership includes Robert Ira Kaplan (Nominee Director), Lakhamshi Malshi Shah (Director), Manilal Malshi Shah (Director). Past directors included Ashok Malshi Shah, Ghelabhai Panchan Shah. It holds ₹20.56 Cr open charges and ₹18.40 Cr settled loans. Its latest AGM occurred on 26 September 2025, with the balance sheet filed on 31 March 2025. It is based at Office No. 2A, 2Nd Floor, Plot 11, A Wing, Sir V.T Marg, Kakad House, New Marine Lines, Chu, Rchgate,, Mumbai, Maharashtra, 400020.

Company Details

CIN/LLPIN
U21000MH1999PTC122424
Registration Number
122424
Incorporation Date
28 October 1999
Authorized Capital
₹2.40 Cr
Paid-Up Capital
₹2.00 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 2.40 Cr as on 05-01-2026
Paid Up Capital ₹ 2.00 Cr as on 05-01-2026
Company Age 26 Year, 3 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 20.56 Cr as on 05-01-2026
Satisfied Charges ₹ 18.40 Cr as on 05-01-2026
Revenue Growth **** 32.26% (FY 2024)
Profit Growth **** -124.22% (FY 2024)
Ebitda **** 203.27% (FY 2024)
Net Worth 49.82% (FY 2024)
Total Assets **** 48.69% (FY 2024)

Comprehensive Company Insights

Explore comprehensive insights into Deluxe Recycling (India) Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Deluxe Recycling (India) Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Robert Ira Kaplan	Nominee Director	31 Mar 2022	Current
Lakhamshi Malshi Shah	Director	30 Apr 2008	Current
Manilal Malshi Shah	Director	28 Oct 1999	Current
Jignesh Lakhamshi Shah	Director	28 Oct 1999	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	15 Sep 2014	Past
Pramod Abcsdd	Director	07 Mar 2013	Past

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Financial Performance of Deluxe Recycling (India).

Deluxe Recycling (India) Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 32.26% increase. The company also saw a substantial fall in profitability, with a 124.22% decrease in profit. The company's net worth Soared by an impressive increase of 49.82%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

32.26%

*******

Revenue from Operations

*******

34.93%

*******

Total Assets

*******

48.69%

*******

Profit or Loss

*******

-124.22%

*******

Net Worth

*******

49.82%

*******

EBITDA

*******

203.27%

*******

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What is the Ownership and Shareholding Structure of Deluxe Recycling (India)?

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Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹205,573,000.00

Satisfied Charges

₹184,000,000.00

Charges Breakdown by Lending Institutions

Others : 15.56 Cr
Sidbi : 5.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
29 Dec 2023	Others	₹1.74 Cr	Open
13 Jun 2023	Others	₹1.64 M	Open
25 Jan 2023	Sidbi	₹5.00 Cr	Open
25 Aug 2022	Others	₹1.53 M	Open
01 Mar 2021	Others	₹1.50 Cr	Open

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How Many Employees Work at Deluxe Recycling (India)?

Unlock and access historical data on people associated with Deluxe Recycling (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Deluxe Recycling (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Deluxe Recycling (India)'s trajectory.

Rating

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Alerts

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Latest Updates, News, and FAQs on Deluxe Recycling (India)

Recent Activity within the Organization

Charges

The activity A charge with Others of Rs. 10.50 Cr registered on 26 Dec 2000 with Charge ID 90147593 was modified on 08 Oct 2025. was completed.
08 Oct 2025
Annual General Meeting

Progress on Deluxe Recycling (India) Private Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records. was documented.
26 Sep 2025
Balance Sheet

Deluxe Recycling (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was recorded as a recent event.
31 Mar 2025
Charges

Progress on A charge with Others amounted to Rs. 1.74 Cr with Charge ID 100850536 was registered on 29 Dec 2023. was documented.
29 Dec 2023
Charges

The activity A charge with Others amounted to Rs. 0.16 Cr with Charge ID 100749501 was registered on 13 Jun 2023. was completed.
13 Jun 2023
Charges

A charge with Sidbi amounted to Rs. 5.00 Cr with Charge ID 100668900 was registered on 25 Jan 2023. was recorded as a recent event.
25 Jan 2023

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