MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-33-0170117
Electrofine Recycling Private Limited
Electrofine Recycling Private Limited - environment in Mumbai, Maharashtra, India. Directors, charges & compliance details.
Revenue · FY 2024
₹12.7 Cr
▲ 8800% YoY
Net profit · FY 2024
₹70,352
Net margin 0.1%
EBITDA · FY 2024
₹8.06 Lakh
EBITDA margin 0.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹50,000
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Last financials
Mar 2024
Balance sheet date
About Electrofine Recycling Private Limited
Data last updated:
Electrofine Recycling Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the waste management and recycling solutions segment of the environmental services sector. It was incorporated on 06 July 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U37100MH2021PTC363402.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹50,000. It is led by directors Vaishali Santosh Gaikwad and Shashikant Tukaram Gaikwad.
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 601 Floor 6th 120/122 Isphani Building Modi Street, Karva Khana Masjid Fort Mumbai – 400001, Maharashtra, India – 400001.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.7 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹70,352 (net margin 0.1%) and EBITDA of ₹8.06 Lakh (EBITDA margin 0.6%).
Electrofine Recycling Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-33-0170117).
Company details
CIN U37100MH2021PTC363402
Registration Number 363402
Incorporation Date 06 July 2021
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification MSME
Udyam Registration UDYAM-MH-33-0170117
CIN history
Electrofine Recycling has one previous CIN (Corporate Identification Number): U37100MH2021OPC363402. The current CIN is U37100MH2021PTC363402, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U37100MH2021PTC363402 | Current |
| U37100MH2021OPC363402 | Previous |
Recognitions & Rankings of Electrofine Recycling
Contact details
Electrofine Recycling Private Limited's registered office is in Mumbai, Maharashtra.
- Registered Address601 Floor 6th 120/122 Isphani Building Modi Street, Karva Khana Masjid Fort Mumbai – 400001, Maharashtra, India – 400001
- IndustryEnvironment, Waste Management & Recycling Solutions
Comprehensive company report
Electrofine Recycling 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Electrofine Recycling 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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| E | Water supply, sewerage and waste management | E3 | Waste collection, treatment and disposal activities, materials recovery and Other waste management services |
To see the full business activity and turnover split of Electrofine Recycling Private Limited, buy the company report.
Financials of Electrofine Recycling Private Limited
FY 2024 filings availableElectrofine Recycling Private Limited reported revenue of ₹12.7 Cr (up 8800% YoY) for FY 2024.
Revenue · FY 2024
₹12.7 Cr ▲ 8800%
Net profit · FY 2024
₹70,352 margin 0.1%
EBITDA · FY 2024
₹8.06 Lakh margin 0.6%
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹8.06 Lakh | ||
| Profit Before Tax | |||
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| Net Profit (PAT) | ₹70,352 | ||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 0.6% | ||
| Net Profit Margin | 0.1% | ||
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To see the full financial statements and ratios of Electrofine Recycling Private Limited, buy the company report.
Board of directors of Electrofine Recycling Private Limited
Electrofine Recycling has 2 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 |
|---|---|---|---|---|
| Vaishali Santosh Gaikwad Also directs: Electrofine Battery Solutions Foundation | Director | 06 Jul 2021 | 5 Years 3 Months | Current |
| Shashikant Tukaram Gaikwad Also directs: Electrofine Battery Solutions Foundation | Director | 06 Mar 2024 | 2 Years 7 Months | Current |
Peer comparison
Electrofine Recycling Private Limited is compared with the 4 companies closest to it by revenue in the Cleantech industry (Recycling and Waste Treatment), with the same principal business activity (waste collection, treatment and disposal activities, materials recovery and other waste management services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Prudent Reneology Private Limited | ₹12.83 Cr (FY 2025) | 8.0% | Nashik, Maharashtra, India | |||
| Electrofine Recycling Private Limitedthis company | ₹12.7 Cr (FY 2024) | ₹70,352 | 0.1% | 8800.0% | Mumbai, Maharashtra, India | |
| Swaaha Resource Management Private Limited | ₹12.69 Cr (FY 2025) | 26.0% | Indore, Madhya Pradesh, India | |||
| Enviro Waste Management Services Private Limited | ₹12.65 Cr (FY 2025) | 160.0% | Hyderabad, Telangana, India | |||
| JRR Waste Management Private Limited | ₹12.45 Cr (FY 2024) | -5.0% | Agra, Uttar Pradesh, India |
To see the full peer comparison of Electrofine Recycling Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Electrofine Recycling Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Electrofine Recycling Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Electrofine Recycling Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Electrofine Recycling Private Limited has 3 board changes on record since 2021: 2 appointments and 1 cessation. The latest: Nilesh Kishor Vyavahare ceased to be Director on 01 Apr 2024.
AGM
Electrofine Recycling Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Nilesh Kishor Vyavahare ceased to be Director.
Filing
Electrofine Recycling Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Shashikant Tukaram Gaikwad was appointed as Director.
Appointed
Vaishali Santosh Gaikwad was appointed as Director.
Incorporation
06 Jul 2021
Electrofine Recycling Private Limited was registered on 06 Jul 2021 with Roc Mumbai & aged 5 years 3 months as per MCA records.
Frequently asked questions
Electrofine Recycling is an active private limited company based in Mumbai, Maharashtra, India. The company works in waste management and recycling solutions, within the environment industry. It was incorporated on 06 July 2021 (5+ years old) and is registered under CIN U37100MH2021PTC363402.
Electrofine Recycling has 2 current directors:
- Vaishali Santosh Gaikwad - Director
- Shashikant Tukaram Gaikwad - Director
The latest financial statements of Electrofine Recycling 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 FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Electrofine Recycling is U37100MH2021PTC363402. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Electrofine Recycling was incorporated on 06 July 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Electrofine Recycling by revenue are Prudent Reneology Private Limited, Swaaha Resource Management Private Limited, Enviro Waste Management Services Private Limited, JRR Waste Management Private Limited, all in the Cleantech industry (Recycling and Waste Treatment), with the same principal business activity (waste collection, treatment and disposal activities, materials recovery and other waste management services).
Nilesh Kishor Vyavahare ceased to be Director on 01 Apr 2024. Shashikant Tukaram Gaikwad was appointed as Director on 06 Mar 2024. Vaishali Santosh Gaikwad was appointed as Director on 06 Jul 2021.
Yes, Electrofine Recycling is registered as an MSME under Udyam registration (number: UDYAM-MH-33-0170117).
The registered office of Electrofine Recycling is at 601 Floor 6th 120122 Isphani Building Modi Street, Karva Khana Masjid Fort Mumbai – 400001, Maharashtra, India – 400001.
Electrofine Recycling operates in the environment industry, in the waste management and recycling solutions segment.
Electrofine Recycling can be reached at its registered office: 601 Floor 6th 120122 Isphani Building Modi Street, Karva Khana Masjid Fort Mumbai – 400001, Maharashtra, India – 400001.