- Category
- Small (2023-24)
- Udyam number
- UDYAM-UP-64-0004503

About Horizon Recycling Private Limited
Data last updated:
Horizon Recycling Private Limited is a private limited company based in Saharanpur, Uttar Pradesh, India. It operates in the waste management and recycling solutions segment of the environmental services sector. It was incorporated on 21 December 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U37100UP2015PTC075220. Its GSTIN is 09AADCH7833A1ZR (Uttar Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.62 Cr. It is led by directors Mohit Bajaj and Ashok Kumar Bajaj.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 3/6106 Manjulikey Garden Janakpuri, Saharanpur, Uttar Pradesh, India – 247001.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.86 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹1.16 Cr (net margin 8.4%) and EBITDA of ₹1.71 Cr (EBITDA margin 12.4%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 517% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Horizon Recycling. As per MCA filings, the company has open charges of ₹5 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
Horizon Recycling Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-64-0004503). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website horizonrecycling.in.
Company details
Recognitions & Rankings of Horizon Recycling
Contact details
Horizon Recycling Private Limited's registered office is in Saharanpur, Uttar Pradesh. Its website is horizonrecycling.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address3/6106 Manjulikey Garden Janakpuri, Saharanpur, Uttar Pradesh, India – 247001
- IndustryEnvironment, Waste Management & Recycling Solutions
To see the full contact details of Horizon Recycling Private Limited, buy the company report.
- 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
Brands
Horizon Recycling operates one associated brand: Horizon Recycling. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers comprehensive solutions for e-waste recycling. | horizonrecycling.in |
Business activity
The main business activity of Horizon Recycling 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 Horizon Recycling Private Limited, buy the company report.
Financials of Horizon Recycling Private Limited
FY 2025 filings availableHorizon Recycling Private Limited reported revenue of ₹13.86 Cr (down 13% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 517%. EBITDA fell 16% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last 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 | FY 2019-20 |
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| EBITDA | ₹1.71 Cr | ||||
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| Net Profit (PAT) | ₹1.16 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 12.4% | ||||
| Net Profit Margin | 8.4% | ||||
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To see the full financial statements and ratios of Horizon Recycling Private Limited, buy the company report.
Board of directors of Horizon Recycling Private Limited
Horizon Recycling has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohit Bajaj Also directs: Horizon Reclaim (India) Limited, Horizon Infracon Private Limited | Director | 21 Dec 2015 | 10 Years 10 Months | Current |
| Ashok Kumar Bajaj Also directs: Horizon Infracon Private Limited | Director | 30 Dec 2015 | 10 Years 10 Months | Current |
Auditor
Horizon Recycling Private Limited is audited by SANJAY DHINGRA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJAY DHINGRA & ASSOCIATES | FY 2023 | 511011C |
Shareholding
The shareholding of Horizon Recycling Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
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| Others |
To see the full shareholding pattern of Horizon Recycling Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Aug 2021 | 100481395 | Others | ₹5 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Horizon Recycling Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Saharanpur, Uttar Pradesh | Criminal case | Filed against the company by State Goverment | Pending |
| District court, Saharanpur, Uttar Pradesh | Court case (Motor Vehc Act) | Filed against the company by State Goverment | Disposed |
To see the full case history of Horizon Recycling Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Horizon Recycling Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Horizon Recycling Private Limited has a workforce of 3 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Horizon Recycling has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AADCH7833A1ZR | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Horizon Recycling Private Limited, buy the company report.
Recent activity
Horizon Recycling Private Limited has 3 board changes on record since 2015: 2 appointments and 1 cessation. The latest: Neelam Bajaj ceased to be Director on 31 Dec 2015.
Frequently asked questions
Horizon Recycling is an active private limited company based in Saharanpur, Uttar Pradesh, India. The company works in waste management and recycling solutions, within the environment industry. It was incorporated on 21 December 2015 (11+ years old) and is registered under CIN U37100UP2015PTC075220.
Horizon Recycling has 2 current directors:
- Mohit Bajaj - Director
- Ashok Kumar Bajaj - Director
The latest financial statements of Horizon Recycling on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Horizon Recycling is 09AADCH7833A1ZR, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Horizon Recycling is U37100UP2015PTC075220. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Horizon Recycling has 2 court cases on record: 2 filed against it. 1 is pending.
Horizon Recycling was incorporated on 21 December 2015, making it 11+ years old. It is registered with the Registrar of Companies, Kanpur.
Neelam Bajaj ceased to be Director on 31 Dec 2015. Ashok Kumar Bajaj was appointed as Director on 30 Dec 2015. Mohit Bajaj was appointed as Director on 21 Dec 2015.
Yes, Horizon Recycling is registered as a small enterprise under Udyam registration (number: UDYAM-UP-64-0004503).
Horizon Recycling can be reached through the website horizonrecycling.in. Its registered office is in Saharanpur, Uttar Pradesh, India.

