MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-18-0184440
GRP Circular Solutions Limited
GRP Circular Solutions Limited - environment in Mumbai, Maharashtra, India. Directors, charges & compliance details.
Revenue · FY 2025
₹16.75 Cr
▲ 2358% YoY
Net loss · FY 2025
₹7.22 Cr
Net margin -43.1%
EBITDA · FY 2025
-₹3.95 Cr
EBITDA margin -23.6%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹7 Cr
Issued & subscribed
Open charges
₹12.5 Cr
Secured borrowings
Company age
4 yrs
Est. 2022
Employees · EPFO
12
Provident fund records
About GRP Circular Solutions Limited
Data last updated:
GRP Circular Solutions Limited is a public 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 03 August 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25190MH2022PLC388144.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹7 Cr. It is led by directors including Virendra Jivraj Rathod (Managing Director) and Rajendra Vadilal Gandhi.
Its last annual general meeting (AGM) was held on 25 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 510 A Wing Kohinoor City Commercial – 1 Kirol Road. Off. Lbs Marg Kurla West, Mumbai, Maharashtra, India – 400070.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.75 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹7.22 Cr (net margin -43.1%) and EBITDA of -₹3.95 Cr (EBITDA margin -23.6%).
The company has about 12 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹12.5 Cr on record.
GRP Circular Solutions Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-18-0184440).
Company details
CIN U25190MH2022PLC388144
Registration Number 388144
Incorporation Date 03 August 2022
ROC Mumbai
Listing Status Unlisted
Company Status Active
MSME Classification MSME
Udyam Registration UDYAM-MH-18-0184440
Key People
Virendra Jivraj Rathod Managing Director Rajendra Vadilal Gandhi Director Harsh Rajendra Gandhi Director Recognitions & Rankings of GRP Circular Solutions
Contact details
GRP Circular Solutions Limited's registered office is in Mumbai, Maharashtra.
- Registered Address510 A Wing Kohinoor City Commercial – 1 Kirol Road. Off. Lbs Marg Kurla West, Mumbai, Maharashtra, India – 400070
- IndustryEnvironment, Waste Management & Recycling Solutions
Comprehensive company report
GRP Circular Solutions 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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Secure checkout · GST invoice included
Business activity
The main business activity of GRP Circular Solutions is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of GRP Circular Solutions Limited, buy the company report.
Financials of GRP Circular Solutions Limited
FY 2025 filings availableGRP Circular Solutions Limited reported revenue of ₹16.75 Cr (up 2358% YoY) for FY 2025.
Revenue · FY 2025
₹16.75 Cr ▲ 2358%
Net loss · FY 2025
₹7.22 Cr margin -43.1%
EBITDA · FY 2025
-₹3.95 Cr margin -23.6%
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹3.95 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹7.22 Cr | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
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| Inventories | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -23.6% | ||
| Net Profit Margin | -43.1% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
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| 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 GRP Circular Solutions Limited, buy the company report.
Board of directors of GRP Circular Solutions Limited
GRP Circular Solutions 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 |
|---|---|---|---|---|
| Rajendra Vadilal Gandhi Also directs: GRP Limited, Enarjee Consultancy and Trading Company LLP, Transasia Bio-Medicals Limited and 1 more | Director | 03 Aug 2022 | 4 Years 3 Months | Current |
| Virendra Jivraj Rathod Also directs: Reliance Sibur Elastomers Private Limited | Managing Director | 03 Aug 2022 | 4 Years 3 Months | Current |
| Harsh Rajendra Gandhi | Director | 03 Aug 2022 | 4 Years 3 Months | Current |
Charges & borrowings
Open charges
₹12.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Sep 2022 | 100626637 | Others | ₹12.5 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving GRP Circular Solutions 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 GRP Circular Solutions 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 GRP Circular Solutions Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
GRP Circular Solutions Limited has 4 board changes on record since 2022: 3 appointments and 1 cessation. The latest: Virendra Jivraj Rathod ceased to be Director on 15 Nov 2023.
AGM
Grp Circular Solutions Limited last Annual general meeting of members was held on 25 Jul 2025 as per latest MCA records.
Filing
Grp Circular Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Virendra Jivraj Rathod ceased to be Director.
Charges
A charge with Others amounted to Rs. 12.50 Cr with Charge ID 100626637 was registered on 27 Sep 2022.
Appointed
Harsh Rajendra Gandhi was appointed as Director.
Appointed
Rajendra Vadilal Gandhi was appointed as Director.
Appointed
Virendra Jivraj Rathod was appointed as Managing Director.
Incorporation
03 Aug 2022
Grp Circular Solutions Limited was registered on 03 Aug 2022 with Roc Mumbai I & aged 4 years 3 months as per MCA records.
Frequently asked questions
GRP Circular Solutions is an active public limited company based in Mumbai, Maharashtra, India. The company works in waste management and recycling solutions, within the environment industry. It was incorporated on 03 August 2022 (4+ years old) and is registered under CIN U25190MH2022PLC388144.
GRP Circular Solutions has 3 current directors:
- Virendra Jivraj Rathod - Managing Director
- Rajendra Vadilal Gandhi - Director
- Harsh Rajendra Gandhi - Director
The latest financial statements of GRP Circular Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 July 2025. Year-wise statements from FY 2023 are in the company report.
The CIN (Corporate Identification Number) of GRP Circular Solutions is U25190MH2022PLC388144. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
GRP Circular Solutions was incorporated on 03 August 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
Virendra Jivraj Rathod ceased to be Director on 15 Nov 2023. Harsh Rajendra Gandhi was appointed as Director on 03 Aug 2022. Rajendra Vadilal Gandhi was appointed as Director on 03 Aug 2022. GRP Circular Solutions has 4 board changes on record in total.
Yes, GRP Circular Solutions is registered as an MSME under Udyam registration (number: UDYAM-MH-18-0184440).
The registered office of GRP Circular Solutions is at 510 A Wing Kohinoor City Commercial – 1 Kirol Road. Off. Lbs Marg Kurla West, Mumbai, Maharashtra, India – 400070.
GRP Circular Solutions operates in the environment industry, in the waste management and recycling solutions segment.
GRP Circular Solutions has open charges of ₹12.5 Cr and no satisfied charges on record as per latest MCA filings.
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