About Mahindra Mstc Recycling Private Limited
Data last updated: 08 January 2026
Mahindra Mstc Recycling Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Mahindra Accelo Limited (Formerly Known As Mahindra Intertrade Limited). It specialises in waste management and recycling solutions, a part of the broader environmental services sector. Incorporated on 16 December 2016, the company has been in operation for over 10 years.
Registered with ROC Mumbai under CIN U37100MH2016PTC288535.
Capital: an authorised share capital of ₹80 Cr and a paid-up capital of ₹80 Cr. It is led by directors including Ajay Natvarbhai Mehta and Subrata Sarkar.
Last AGM: 11 July 2025. Financial statements filed for year ended 31 March 2025. Office: Mahindra Towers P. K. Kurne Chowk Worli, Mumbai, Maharashtra, India – 400018.
As per the financials filed for FY 2025, the company reported a revenue of ₹34.66 Cr, a growth of 16% compared to the previous year.
The company has a workforce of approximately 33 employees as per the latest available data. It operates as a subsidiary of Mahindra Accelo Limited (Formerly Known As Mahindra Intertrade Limited).
The company is associated with 3 brands - Mahindra, Cero Recycling, Mahindra Accelo. As per MCA filings, the company has open charges of ₹2.5 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 mahindraaccelo.com.
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Registered AddressMahindra Towers P. K. Kurne Chowk Worli, Mumbai, Maharashtra, India – 400018
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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
Associated Brands with Mahindra Mstc Recycling Private Limited
Mahindra Mstc Recycling Private Limited operates multiple associated brands including Mahindra, Cero Recycling, and Mahindra Accelo. These brands represent Mahindra Mstc Recycling Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Diversified operations span automotive, agriculture, and financial services. | mahindra.com | |
| Provider of vehicle recycling services | cerorecycling.com | |
| Steel processing company | mahindraaccelo.com |
Competitors & Alternatives of Mahindra Mstc Recycling Private Limited
Brands and companies operating in the same space as Mahindra Mstc Recycling Private Limited include Tata Motors, Ford, Eicher Motors and 7 more.
| Competitor | Description | Location | Founded |
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Cars, trucks, buses, and electric vehicles are manufactured. | Mumbai, India, India | 1868 |
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Automobiles and commercial vehicles are manufactured by Ford. | United States | 1903 |
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Commercial vehicles and two-wheelers are manufactured by Eicher Motors. | Gurugram, India, India | 1948 |
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Waste recycling services in the oil industry are provided. | Houston, United States, United States | 2001 |
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Manufacturer of electric two and three-wheelers for personal and commercial use | Bengaluru, India, India | 2008 |
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Electric bicycles with advanced features are developed by Motovolt. | Kolkata, India, India | 2019 |
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Bikes, mopeds, and three-wheelers are manufactured as core products. | Pune, India, India | 1945 |
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Automotive components are designed and manufactured in Pune, India. | Pune, India, India | 1958 |
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Provider of waste recycling services | Morristown, United States, United States | 1983 |
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Solid waste disposal and recycling services are provided. | Pompano Beach, United States, United States | 2017 |
Business Activity of Mahindra Mstc Recycling Private Limited
Mahindra Mstc Recycling Private Limited is engaged in the principal business activity of manufacturing, with detailed activities including metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details for Mahindra Mstc Recycling Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Mahindra Mstc Recycling Private Limited
Mahindra Mstc Recycling Private Limited is audited by B S R & Co. LLP for the financial year 2024. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
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| B S R & Co. LLP | Locked | Locked | Locked |
Complete auditor history for Mahindra Mstc Recycling Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors and KMP of Mahindra Mstc Recycling Private Limited
Mahindra Mstc Recycling Private Limited currently reports 7 directors and 1 key managerial person. 20 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
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| Ajay Natvarbhai Mehta | Director | 01 Apr 2022 | 4 Years 3 Months | Current |
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Subrata Sarkar
Also directs:
Mstc Limited
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Director | 06 Feb 2019 | 7 Years 5 Months | Current |
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Manobendra Ghoshal
Also directs:
Mstc Limited
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Director | 17 Jan 2024 | 2 Years 6 Months | Current |
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Jasmine Kaur
Also directs:
Mahindra Electrical Steel Private Limited, Mahindra Auto Steel Private Limited, Mahindra Accelo Limited and 1 more
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Director | 23 Oct 2024 | 1 Years 9 Months | Current |
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Dolly Dhandhresha
Also directs:
Reliance Realty Limited, Internet Exchangenext.Com Limited, Worldtel Tamilnadu Private Limited and 5 more
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Company Secretary | 08 Feb 2017 | 9 Years 5 Months | Current |
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Sumit Issar
Also directs:
Mahindra Steel Service Centre Limited, Mahindra Electrical Steel Private Limited, Mahindra Auto Steel Private Limited and 1 more
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Director | 16 Dec 2016 | 9 Years 7 Months | Current |
Financials of Mahindra Mstc Recycling Private Limited FY 2025 filings available
Mahindra Mstc Recycling Private Limited reported revenue of ₹34.66 Cr (up 16.00% YoY) for FY 2025.
Ten-year financial statements for Mahindra Mstc Recycling Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
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Ownership and Shareholding of Mahindra Mstc Recycling Private Limited
Shareholding and ownership data for Mahindra Mstc Recycling Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Mahindra Mstc Recycling Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Oct 2025 | Hdfc Bank Limited | ₹2.5 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Mahindra Mstc Recycling Private Limited
Mahindra Mstc Recycling Private Limited has a workforce of 33 employees as of Mar 03, 2025.
Employee and EPFO history for Mahindra Mstc Recycling Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Mahindra Mstc Recycling Private Limited
GST registrations and filing compliance for Mahindra Mstc Recycling Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Mahindra Mstc Recycling Private Limited
Credit ratings, litigation, and regulatory alerts for Mahindra Mstc Recycling Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Mahindra Mstc Recycling Private Limited
MSME payment history for Mahindra Mstc Recycling Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Mahindra Mstc Recycling Private Limited
Corporate group structure for Mahindra Mstc Recycling Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Mahindra Mstc Recycling Private Limited
MCA filings and documents for Mahindra Mstc Recycling Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Mahindra Mstc Recycling Private Limited
Recent News on Mahindra Mstc Recycling Private Limited
Frequently Asked Questions about Mahindra Mstc Recycling Private Limited
Mahindra Mstc Recycling Private Limited is an active private limited company in the environment sector based in Mumbai, Maharashtra, India. It was incorporated on 16 December 2016 (10+ years old) and is registered under CIN U37100MH2016PTC288535. The company has 33 employees.
Mahindra Mstc Recycling Private Limited reported revenue of ₹34.66 Cr for FY 2025 (up 16.00% YoY).
The current directors and KMP of Mahindra Mstc Recycling Private Limited are:
- Ajay Natvarbhai Mehta - Director
- Subrata Sarkar - Director
- Manobendra Ghoshal - Director
- Jasmine Kaur - Director
- Dolly Dhandhresha - Company Secretary
- Sumit Issar - Director
- Vijay Harbanslal Arora - Director
- Sunil Kumar Mehta - Director
The primary industry of Mahindra Mstc Recycling Private Limited is environment. The company specifically operates in waste management and recycling solutions. The company is currently active in this sector.
Mahindra Mstc Recycling Private Limited can be reached at the registered office: Mahindra Towers P. K. Kurne Chowk Worli, Mumbai, Maharashtra, India – 400018, or through the website mahindraaccelo.com.
The authorised capital is ₹80 Cr, and the paid-up capital is ₹80 Cr.