Innovative Waste Resource Solutions Private Limited
About Innovative Waste Resource Solutions Private Limited
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Innovative Waste Resource Solutions Private Limited is a private limited company based in Darbhanga, Bihar, India. It operates in the transportation and disposal segment of the recycling and waste management sector. It was incorporated on 05 August 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Patna, under CIN U90001BR2019PTC042884. Its GSTIN is 10AAFCI3611R1ZM (Bihar).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Indu Bhushan (Managing Director) and Farid Ahmad.
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 C/O Sri. Indu Bhushan Mishartola Shyam Narayan Thakur, Darbhanga, Bihar, India – 846001.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.06 Lakh, a decline of 74% compared to the previous year. For the same year it recorded a net loss of ₹54,056 (net margin -6.7%) and EBITDA of -₹54,056 (EBITDA margin -6.7%).
Company details
Contact details
Innovative Waste Resource Solutions Private Limited's registered office is in Darbhanga, Bihar. Its e-mail address is in the company report.
- Email
- Registered AddressC/O Sri. Indu Bhushan Mishartola Shyam Narayan Thakur, Darbhanga, Bihar, India – 846001
- IndustryRecycling & Waste Management, Transportation & Disposal, Sanitation, Garbage Collection, Sewage
To see the full contact details of Innovative Waste Resource Solutions 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
Business activity
The main business activity of Innovative Waste Resource Solutions 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 |
Financials of Innovative Waste Resource Solutions Private Limited
FY 2025 filings availableInnovative Waste Resource Solutions Private Limited reported revenue of ₹8.06 Lakh (down 74% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 74% in the latest year. EBITDA fell 118% 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
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| EBITDA | -₹54,056 | ||||
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| Net Profit (PAT) | -₹54,056 | ||||
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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 | -6.7% | ||||
| Net Profit Margin | -6.7% | ||||
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To see the full financial statements and ratios of Innovative Waste Resource Solutions Private Limited, buy the company report.
Board of directors of Innovative Waste Resource Solutions Private Limited
Innovative Waste Resource Solutions has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Indu Bhushan | Managing Director | 05 Aug 2019 | 7 Years 2 Months | Current |
| Farid Ahmad | Director | 02 Sep 2022 | 4 Years 1 Months | Current |
Peer comparison
Innovative Waste Resource Solutions Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Envkith Ventures Private Limited | ₹8.3 Lakh (FY 2024) | Bhubaneswar, Odisha, India | ||||
| Rockdrop Hydrate Private Limited | ₹8.24 Lakh (FY 2024) | Vijayawada, Andhra Pradesh, India | ||||
| GHR Enterprises Private Limited | ₹8.23 Lakh (FY 2021) | -44.0% | Bangalore, Karnataka, India | |||
| Krich Cleaning Private Limited | ₹8.23 Lakh (FY 2024) | 1.0% | Kullu, Himachal Pradesh, India | |||
| Thuppuravaalan Waste Management Solutions Private Limited | ₹8.17 Lakh (FY 2024) | 118.0% | Tirupur, Tamil Nadu, India | |||
| Innovative Waste Resource Solutions Private Limitedthis company | ₹8.06 Lakh (FY 2024) | -₹54,056 | -6.7% | -74.0% | Darbhanga, Bihar, India | |
| Refto Private Limited | ₹7.92 Lakh (FY 2024) | -32.0% | Meenachil, Kerala, India | |||
| Surbine Recycling Private Limited | ₹7.87 Lakh (FY 2021) | -87.0% | Jamnagar, Gujarat, India | |||
| CPC Green Energy Engineering Private Limited | ₹7.85 Lakh (FY 2019) | Chennai, Tamil Nadu, India | ||||
| RVM Recycle Private Limited | ₹7.65 Lakh (FY 2024) | -91.0% | New Delhi, Delhi, India | |||
| Envirozone Instruments Private Limited | ₹7.55 Lakh (FY 2024) | 204.0% | Ghaziabad, Uttar Pradesh, India |
To see the full peer comparison of Innovative Waste Resource Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Innovative Waste Resource Solutions 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 Innovative Waste Resource Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Innovative Waste Resource Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 10AAFCI3611R1ZM | Bihar | Active | 16 Aug 2019 |
To see the full GST registrations and return filing status of Innovative Waste Resource Solutions Private Limited, buy the company report.
Recent activity
Innovative Waste Resource Solutions Private Limited has 6 board changes on record since 2019: 2 appointments and 4 cessations. The latest: Shamshe Alam Siddique ceased to be Director on 25 Jun 2025.
Frequently asked questions
Innovative Waste Resource Solutions is an active private limited company based in Darbhanga, Bihar, India. The company works in transportation and disposal, within the recycling and waste management industry. It was incorporated on 05 August 2019 (7+ years old) and is registered under CIN U90001BR2019PTC042884.
Innovative Waste Resource Solutions has 2 current directors:
- Indu Bhushan - Managing Director
- Farid Ahmad - Director
The latest financial statements of Innovative Waste Resource Solutions 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 2020 are in the company report.
The GSTIN of Innovative Waste Resource Solutions is 10AAFCI3611R1ZM, registered in Bihar.
The CIN (Corporate Identification Number) of Innovative Waste Resource Solutions is U90001BR2019PTC042884. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovative Waste Resource Solutions was incorporated on 05 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Patna.
The peers of Innovative Waste Resource Solutions by revenue are Envkith Ventures Private Limited, Rockdrop Hydrate Private Limited, GHR Enterprises Private Limited, Krich Cleaning Private Limited, Thuppuravaalan Waste Management Solutions Private Limited and 5 more, all in the same principal business activity (waste collection, treatment and disposal activities, materials recovery and other waste management services).
Shamshe Alam Siddique ceased to be Director on 25 Jun 2025. Saurav Kumar ceased to be Director on 18 Dec 2023. Indu Bhushan ceased to be Director on 28 Feb 2023. Innovative Waste Resource Solutions has 6 board changes on record in total.
The registered office of Innovative Waste Resource Solutions is at CO Sri. Indu Bhushan Mishartola Shyam Narayan Thakur, Darbhanga, Bihar, India – 846001.
Innovative Waste Resource Solutions operates in the recycling and waste management industry, in the transportation and disposal segment.
Innovative Waste Resource Solutions can be reached at its registered office: CO Sri. Indu Bhushan Mishartola Shyam Narayan Thakur, Darbhanga, Bihar, India – 846001.
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