Metrec Recycling Private Limited - Company Profile

It is a metals and minerals private limited company based in Kathlal, Gujarat, India, established in 2006.
2006 Kathlal, Gujarat, India Active
Last Updated:
About Metrec Recycling Private Limited

Metrec Recycling Private Limited, a active private limited company, was established on 12 April 2006 in Kathlal, Gujarat, India. Engaging in metal manufacturing & processing within the manufacturing sector, it holds CIN: U51100GJ2006PTC048121. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹1.20 Cr and a paid-up capital of ₹4.38 M.

Formerly known as Veenita Enterprise Private Limited. It upholds a compliant status. Employing 23 professional, Its leadership includes Vikaskumar Kailashchandra Kaliya (Director), Rishil Jagdishprasad Kalya (Director). Past directors included Mahendra Bhanwarlal Rajpurohit, Kailashchandra Bansilal Kalya, Rishil Jagdishprasad Kalya. It holds ₹90.34 Cr open charges and ₹2.05 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Survey No 434 Mirzapur Village, Ahmedabad To Indore Highway Kathlal Kheda, Kathlal, Gujarat, 387630.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U51100GJ2006PTC048121

  • Registration Number

    048121

  • Incorporation Date

    12 April 2006

  • Authorized Capital

    ₹1.20 Cr

  • Paid-Up Capital

    ₹4.38 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.20 Cr
  • Paid Up Capital ₹ 4.38 M
  • Company Age 19 Year, 10 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 90.34 Cr
  • Satisfied Charges ₹ 2.05 Cr
  • Revenue Growth **** 8.70%
  • Profit Growth **** 136.44%
  • Ebitda **** 34.38%
  • Net Worth 12.97%
  • Total Assets **** 32.34%
Company report

Metrec Recycling Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Metrec Recycling Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Metrec Recycling Private Limited?
Current Directors
Name Designation Appointment Date Status
Vikaskumar Kailashchandra Kaliya Director 24 May 2017 Current
Rishil Jagdishprasad Kalya Director 15 Oct 2021 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 15 Oct 2021 Past
Pramod Abcsdd Director 19 Jun 2017 Past
Pramod Abcsdd Additional Director 30 Oct 2021 Past

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Financial Performance of Metrec Recycling.

Metrec Recycling Private Limited, for the financial year ended 2024, experienced modest growth in revenue, with a 8.7% increase. The company also saw a substantial improvement in profitability, with a 136.44% increase in profit. The company's net worth Soared by an impressive increase of 12.97%.

Metrec Recycling revenue growth over time
Metrec Recycling profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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8.70%
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Revenue from Operations
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8.08%
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Total Assets
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32.34%
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Profit or Loss
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136.44%
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Net Worth
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12.97%
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EBITDA
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34.38%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Metrec Recycling?

In 2024, Metrec Recycling had a promoter holding of 63.94% and a public holding of 36.06%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹903,400,000.00

Satisfied Charges

₹20,500,000.00

Charges Breakdown by Lending Institutions
  • Axis Bank Limited : 37.00 Cr
  • Standard Chartered Bank : 33.34 Cr
  • Canara Bank : 20.00 Cr
Latest Charge Details
Date Lender Amount Status
30 Sep 2025 Canara Bank ₹20.00 Cr Open
18 Sep 2023 Standard Chartered Bank ₹7.25 Cr Open
24 Feb 2021 Axis Bank Limited ₹5.00 Cr Open
04 Dec 2020 Standard Chartered Bank ₹5.05 Cr Open
26 Oct 2017 Standard Chartered Bank ₹21.05 Cr Open

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How Many Employees Work at Metrec Recycling?

Metrec Recycling has a workforce of 23 employees as of Oct 16, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Metrec Recycling, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Metrec Recycling's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Metrec Recycling
Recent Activity within the Organization
  • Charges

    A charge with Canara Bank amounted to Rs. 20.00 Cr with Charge ID 101165721 was registered on 30 Sep 2025. was recorded as a recent event.

  • Annual General Meeting

    Progress on Metrec Recycling Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Charges

    Progress on A charge registered on 07 Aug 2018 via Charge ID 100210234 with Tata Capital Financial Services Limited was fully satisfied on 25 Sep 2025. was documented.

  • Balance Sheet

    Metrec Recycling Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was recorded as a recent event.

  • Charges

    The activity A charge with Standard Chartered Bank of Rs. 21.05 Cr registered on 26 Oct 2017 with Charge ID 100151382 was modified on 02 Feb 2024. was completed.

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 7.25 Cr with Charge ID 100793619 was registered on 18 Sep 2023. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Metrec Recycling Private Limited?

The CIN of Metrec Recycling Private Limited is U51100GJ2006PTC048121.

Where is Metrec Recycling Private Limited headquartered?

Metrec Recycling Private Limited is headquartered at Survey No 434 Mirzapur Village, Ahmedabad To Indore Highway Kathlal Kheda, Kathlal, Gujarat, 387630.

When was Metrec Recycling Private Limited incorporated?

Metrec Recycling Private Limited was incorporated on 12 April 2006.

Who are the current directors of Metrec Recycling Private Limited?

The current directors of Metrec Recycling Private Limited are

What is the primary industry of Metrec Recycling Private Limited?

The primary industry of Metrec Recycling Private Limited is Manufacturing.

Is Metrec Recycling Private Limited a listed company?

Metrec Recycling Private Limited is unlisted.

What is the capital structure of Metrec Recycling Private Limited?

The authorized capital of Metrec Recycling Private Limited is ₹1.20 Cr, and the paid-up capital is ₹4.38 M.

What is the compliance status of Metrec Recycling Private Limited?

The compliance status of Metrec Recycling Private Limited is Compliant.

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