DPIIT recognised startup Government of India
Startup India
Fortune Recyclying Private Limited
Fortune Recyclying Private Limited - environment in Vapi, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹25.91 Cr
▼ 50% YoY
Net profit · FY 2024
₹8.78 Lakh
Net margin 0.3%
EBITDA · FY 2024
₹25.78 Lakh
EBITDA margin 1%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹1.02 Cr
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Active GSTINs
2
of 3 registered
About Fortune Recyclying Private Limited
Data last updated:
Fortune Recyclying Private Limited is a private limited company based in Vapi, Gujarat, India, recognised as a startup by DPIIT. It operates in the waste management and recycling solutions segment of the environmental services sector. It was incorporated on 22 March 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U37100GJ2021PTC121445. Its GSTIN is 06AAECF5043P1ZD (Haryana). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.02 Cr. It is led by directors Ashok Kumar Bilgaiyan and Vishal Maheshwari.
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 Office No.239 Char Rasta G.I.D.C., Vapi, Gujarat, India – 396195.
As per the financials filed for FY 2024, the company reported a revenue of ₹25.91 Cr, a decline of 50% compared to the previous year. For the same year it recorded a net profit of ₹8.78 Lakh (net margin 0.3%) and EBITDA of ₹25.78 Lakh (EBITDA margin 1%).
Fortune Recyclying Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-25-0023364).
Company details
CIN U37100GJ2021PTC121445
Registration Number 121445
Incorporation Date 22 March 2021
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Medium
Udyam Registration UDYAM-GJ-25-0023364
Recognitions & Rankings of Fortune Recyclying
MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-25-0023364
Contact details
Fortune Recyclying Private Limited's registered office is in Vapi, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No.239 Char Rasta G.I.D.C., Vapi, Gujarat, India – 396195
- IndustryEnvironment, Waste Management & Recycling Solutions
To see the full contact details of Fortune Recyclying Private Limited, buy the company report.
Comprehensive company report
Fortune Recyclying 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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Business activity
The main business activity of Fortune Recyclying is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Fortune Recyclying Private Limited, buy the company report.
Financials of Fortune Recyclying Private Limited
FY 2024 filings availableFortune Recyclying Private Limited reported revenue of ₹25.91 Cr (down 50% YoY) for FY 2024.
Revenue · FY 2024
₹25.91 Cr ▼ 50%
Net profit · FY 2024
₹8.78 Lakh margin 0.3%
EBITDA · FY 2024
₹25.78 Lakh margin 1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 50%
EBITDA CAGR growth
1 year
▲ 13%
Revenue fell 50% in the latest year. EBITDA rose 13% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
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| Depreciation and Amortisation | ||||
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| Total Expenses | ||||
| EBITDA | ₹25.78 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹8.78 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
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| Fixed Assets | ||||
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| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 1% | |||
| Net Profit Margin | 0.3% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| 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 Fortune Recyclying Private Limited, buy the company report.
Board of directors of Fortune Recyclying Private Limited
Fortune Recyclying has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Kumar Bilgaiyan Also directs: Equism Capital Private Limited | Director | 22 Mar 2021 | 5 Years 7 Months | Current |
| Vishal Maheshwari | Director | 22 Mar 2021 | 5 Years 7 Months | Current |
Auditor
Fortune Recyclying Private Limited is audited by VARUNKUMAR JAIN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VARUNKUMAR JAIN | FY 2023 | 168730 |
Shareholding
The shareholding of Fortune Recyclying Private Limited is on record for FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Fortune Recyclying Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Fortune Recyclying 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 Fortune Recyclying Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Fortune Recyclying Private Limited has 1 active EPFO establishment as of Apr 05, 2024.
Active EPFO establishments
1
GST
Fortune Recyclying has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAECF5043P1ZD | Haryana | Active | 22 Jul 2021 |
| 27AAECF5043P1Z9 | Maharashtra | Active | 12 May 2022 |
To see the full GST registrations and return filing status of Fortune Recyclying Private Limited, buy the company report.
Recent activity
Fortune Recyclying Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Ashok Kumar Bilgaiyan was appointed as Director on 22 Mar 2021.
AGM
Fortune Recyclying Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Fortune Recyclying Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Appointed
Ashok Kumar Bilgaiyan was appointed as Director.
Appointed
Vishal Maheshwari was appointed as Director.
Incorporation
22 Mar 2021
Fortune Recyclying Private Limited was registered on 22 Mar 2021 with Roc Ahmedabad & aged 5 years 7 months as per MCA records.
Frequently asked questions
Fortune Recyclying is an active private limited company based in Vapi, Gujarat, India. The company works in waste management and recycling solutions, within the environment industry. It was incorporated on 22 March 2021 (5+ years old) and is registered under CIN U37100GJ2021PTC121445.
Fortune Recyclying has 2 current directors:
- Ashok Kumar Bilgaiyan - Director
- Vishal Maheshwari - Director
The latest financial statements of Fortune Recyclying 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 2021 are in the company report.
The GSTIN of Fortune Recyclying is 06AAECF5043P1ZD, registered in Haryana. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAECF5043P1Z9 (Maharashtra).
The CIN (Corporate Identification Number) of Fortune Recyclying is U37100GJ2021PTC121445. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fortune Recyclying was incorporated on 22 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ashok Kumar Bilgaiyan was appointed as Director on 22 Mar 2021. Vishal Maheshwari was appointed as Director on 22 Mar 2021.
Yes, Fortune Recyclying is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Fortune Recyclying is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-25-0023364).
The registered office of Fortune Recyclying is at Office No.239 Char Rasta G.I.D.C., Vapi, Gujarat, India – 396195.
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