About Fine Refiners Limited
Data last updated: 17 December 2025
Fine Refiners Limited is a public limited company based in Bhavnagar, Gujarat, India. It specialises in waste management and recycling solutions, a part of the broader environmental services sector. Incorporated on 16 May 2005, the company has been in operation for over 21 years.
Registered with ROC Ahmedabad under CIN U23209GJ2005PTC046084.
Capital: an authorised share capital of ₹20 Cr and a paid-up capital of ₹13 Cr. It is led by directors including Javedabbas Shabbirali Virani and Nikunj Mahendrabhai Kanabar.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Bhavnagar, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹113.37 Cr, a growth of 60% compared to the previous year.
The company is associated with 1 brand - Fine Refiners. As per MCA filings, the company has open charges of ₹27.3 Cr and satisfied charges of ₹10.5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website finerefiners.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media**************
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Registered AddressOffice No. 105 First Floor Aangi, Arcade Opp. Jawahar Ground Atabhai Road, Bhavnagar, Gujarat, India – 364001
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IndustryEnvironment, Waste Management & Recycling Solutions
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Fine Refiners Limited
Fine Refiners Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U19200GJ2005PLC046084, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U19200GJ2005PLC046084 | Current |
| U23209GJ2005PTC046084 | Previous |
| U19200GJ2005PTC046084 | Previous |
Associated Brands with Fine Refiners Limited
Fine Refiners Limited operates one associated brand: Fine Refiners. These brands represent Fine Refiners Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Oil recycling and refining services in India. | finerefiners.com |
Business Activity of Fine Refiners Limited
Fine Refiners Limited is engaged in principal business activities including manufacturing and trade, with detailed activities including coke and refined petroleum products, wholesale trading. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C5 | Coke and refined petroleum products | ********* |
| G | Trade | G1 | Wholesale Trading | ********* |
Auditor Details of Fine Refiners Limited
Fine Refiners Limited is audited by B.P.SHAH & ASSOCIATES for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B.P.SHAH & ASSOCIATES | blur-value | blur-value | blur-value |
Board of Directors of Fine Refiners Limited
Fine Refiners Limited is currently managed by 8 directors, with 10 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Javedabbas Shabbirali Virani
Also directs:
1Royal Marine Llp
|
Company Secretary | 18 Nov 2025 | 0 Years 7 Months | Current |
|
Nikunj Mahendrabhai Kanabar
Also directs:
Kruyal Capital Advisors Llp, Aelea Commodities Limited
|
Director | 25 Aug 2025 | 0 Years 10 Months | Current |
| Amin Rajahusenbhai Vasaya | Managing Director | 15 Jun 2015 | 11 Years 0 Months | Current |
|
Alimizan Aminbhai Vasaya
Also directs:
Honest9 Energy Private Limited
|
Whole-Time Director | 24 Jul 2023 | 2 Years 11 Months | Current |
|
Chandresh Madhubhai Unagar
Also directs:
Aelea Commodities Limited, Speciality Medicines Limited
|
Director | 25 Aug 2025 | 0 Years 10 Months | Current |
| Narjisbanu Aminbhai Vasaya | Director | 14 Jul 2025 | 0 Years 11 Months | Current |
Financials of Fine Refiners Limited FY 2025 filings available
Fine Refiners Limited reported revenue of ₹113.37 Cr (up 60% YoY) for FY 2024. Profit growth despite declining revenue indicates effective cost management and margin discipline.
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Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Shareholding Pattern of Fine Refiners Limited
As of FY 2023, Fine Refiners Limited's shareholding pattern shows 100.00% by promoters. The promoters hold a majority stake, indicating strong promoter control.
| Year | 2025 |
|---|---|
| Promoters | 33.19% |
| DII | 23.22% |
| FII | 18.28% |
| Public | 22.89% |
| Others | 2.42% |
Charges & Borrowings of Fine Refiners Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Nov 2023 | Axis Bank Limited | ₹27.3 Cr | Open |
| 11 Aug 2021 | Others | ₹9 Cr | Satisfied |
| 26 Nov 2019 | Axis Bank Limited | ₹1.5 Cr | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Fine Refiners Limited
View historical data on people associated with Fine Refiners Limited, including employment history and EPFO contributions.
Employee Count & EPFO Data of Fine Refiners Limited
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GST Compliance of Fine Refiners Limited
GSTIN & GST Filing Data of Fine Refiners Limited
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Credit Ratings, Litigation & Regulatory Alerts for Fine Refiners Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Fine Refiners Limited
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MSME Payment Delays by Fine Refiners Limited
MSME Payment Delays by Fine Refiners Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Fine Refiners Limited
Subsidiaries & Group Companies of Fine Refiners Limited
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MCA Filings & Documents of Fine Refiners Limited
MCA Filings & Documents of Fine Refiners Limited
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Recent Activity on Fine Refiners Limited
Frequently Asked Questions about Fine Refiners Limited
Fine Refiners Limited is an active public limited company in the environment sector based in Bhavnagar, Gujarat, India. It was incorporated on 16 May 2005 (21+ years old) and is registered under CIN U19200GJ2005PLC046084.
Fine Refiners Limited reported revenue of ₹113.37 Cr for FY 2024 (up 60.00% YoY).
The current directors of Fine Refiners Limited are:
- Javedabbas Shabbirali Virani
- Nikunj Mahendrabhai Kanabar
- Amin Rajahusenbhai Vasaya
- Alimizan Aminbhai Vasaya
- Chandresh Madhubhai Unagar
- Narjisbanu Aminbhai Vasaya
- Hadiraza Hussainali Patel
- Javedabbas Shabbirali Virani
The primary industry of Fine Refiners Limited is environment. The company specifically operates in waste management and recycling solutions. The company is currently active in this sector.
Fine Refiners Limited can be reached at the registered office: Office No. 105 First Floor Aangi, Arcade Opp. Jawahar Ground Atabhai Road, Bhavnagar, Gujarat, India – 364001, or through the website finerefiners.com.
The authorised capital is ₹20 Cr, and the paid-up capital is ₹13 Cr.