Nepra Resource Management Private Limited

Nepra Resource Management Private Limited - environment in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U90001GJ2006PTC049227 Incorporated 13 October 2006 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company environment MSME · Medium
Revenue · FY 2025
₹131 Cr
▼ 0.07% YoY
Net loss · FY 2025
₹39.08 Cr
Net margin -29.8%
EBITDA · FY 2025
-₹9.25 Cr
EBITDA margin -7.1%
Authorised capital
₹14 Cr
Registered with MCA
Paid-up capital
₹13.7 Cr
Issued & subscribed
Open charges
₹59.5 Cr
Satisfied ₹18.6 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
207
Provident fund records

About Nepra Resource Management Private Limited

Data last updated:

Nepra Resource Management Private Limited is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of M/S. Avishkaar India Ii Company Ltd. It operates in the waste management and recycling solutions segment of the environmental services sector. It was incorporated on 13 October 2006 and has been in existence for over 20 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U90001GJ2006PTC049227. Its GSTIN is 24AACCN3818L1ZE (Gujarat). The company holds 5 GST registrations, all of them active.

The company has an authorised share capital of ₹14 Cr and a paid-up capital of ₹13.7 Cr. It is led by directors including Gurjit Singh and Deep Halendra Dholakia.

Its last annual general meeting (AGM) was held on 11 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.

As per the financials filed for FY 2025, the company reported a revenue of ₹131 Cr. For the same year it recorded a net loss of ₹39.08 Cr (net margin -29.8%) and EBITDA of -₹9.25 Cr (EBITDA margin -7.1%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 8% over five years.

The company has about 207 employees on its provident fund (EPFO) records.

The company is associated with 2 brands: Let's Recycle and Nepra. As per MCA filings, the company has open charges of ₹59.5 Cr and satisfied charges of ₹18.6 Cr on record. Court records list 18 cases involving the company, including 14 filed by the company and 4 filed against it; 7 cases are pending. The company has 10 deals on record (7 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹246.12 Cr; the latest was in February 2024. Its 5 peer companies in the Cleantech industry (Recycling and Waste Treatment), with the same principal business activity (waste collection, treatment and disposal activities, materials recovery and other waste management services) are compared by revenue, 4 larger and 1 smaller; the largest is Greenscape Eco Management Private Limited with revenue of ₹137.44 Cr. The company has 15 MSME Form 1 returns on record between 2019 and 2024, listing 498 overdue payments to 114 micro and small suppliers.

Nepra Resource Management Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0009159). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website letsrecycle.in.

Company details

CIN U90001GJ2006PTC049227
Registration Number 049227
Incorporation Date 13 October 2006
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Parent Company M/S. Avishkaar India Ii Company Ltd
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0009159
Key People
Anurag Agrawal Nominee Director Robert Ira Kaplan Nominee Director Gurjit Singh Director

Recognitions & Rankings of Nepra Resource Management

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-01-0009159

Contact details

Nepra Resource Management Private Limited's registered office is in Ahmedabad, Gujarat. Its website is letsrecycle.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    letsrecycle.in
  • Social Media
  • Apps
  • Registered Address
    708 – 714 7th Floor Noble Trade Center Opp. B D Rao Hall Nr. Bhuyangdev Cross, Road, Ahmedabad, Gujarat, India – 380052
  • Industry
    Environment, Waste Management & Recycling Solutions

To see the full contact details of Nepra Resource Management Private Limited, buy the company report.

Comprehensive company report
Nepra Resource Management Private 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

Brands

Nepra Resource Management operates two associated brands: Let's Recycle and Nepra. Each brand links to its own profile.

BrandDescriptionWebsite
Let's Recycle
Dry waste is collected, segregated, and sent to authorized recyclers.letsrecycle.in
Nepra
Provides solutions for the collection, segregation, processing, and recycling of municipal dry wastenepra.co.in

Business activity

The main business activity of Nepra Resource Management 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 codeMain activityBusiness activity codeBusiness activityShare of turnover
EWater supply, sewerage and waste managementE3Waste collection, treatment and disposal activities, materials recovery and Other waste management services

To see the full business activity and turnover split of Nepra Resource Management Private Limited, buy the company report.

Financials of Nepra Resource Management Private Limited

FY 2025 filings available

Nepra Resource Management Private Limited reported revenue of ₹131 Cr for FY 2025.

Revenue · FY 2025
₹131 Cr
Net loss · FY 2025
₹39.08 Cr margin -29.8%
EBITDA · FY 2025
-₹9.25 Cr margin -7.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▼ 6%
5 years · compounded
▲ 8%

Revenue has grown at a compounded annual rate (CAGR) of 8% over five years. 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹131 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹9.25 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹39.08 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-7.1%
Net Profit Margin-29.8%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
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 Nepra Resource Management Private Limited, buy the company report.

Board of directors of Nepra Resource Management Private Limited

Nepra Resource Management has 5 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Anurag Agrawal
Also directs: Ashv Finance Limited, Altum Credo Home Finance Private Limited, Electronica Finance Limited and 4 more
Nominee Director19 Jun 20188 Years 4 MonthsCurrent
Robert Ira Kaplan
Also directs: Deluxe Recycling (India) Private Limited, Lucro Plastecycle Private Limited, Dalmia Polypro Industries Private Limited and 3 more
Nominee Director02 Dec 20205 Years 11 MonthsCurrent
Gurjit Singh
Also directs: Intellecap Advisory Services Private Limited, Aavishkaar Foundation
Director17 Jun 20215 Years 4 MonthsCurrent
Kushal LathiaNominee Director08 May 20251 Years 6 MonthsCurrent
Deep Halendra DholakiaDirector03 Feb 20251 Years 9 MonthsCurrent
View all directors

Peer comparison

Nepra Resource Management Private Limited is compared with the 5 companies closest to it by revenue in the Cleantech industry (Recycling and Waste Treatment), with 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Greenscape Eco Management Private Limited₹137.44 Cr (FY 2025)16.0%New Delhi, Delhi, India
Infinite Cercle Private Limited₹135.62 Cr (FY 2025)52.0%Coimbatore, Tamil Nadu, India
Bio Mining India Private Limited₹135.25 Cr (FY 2025)38.0%Mumbai, Maharashtra, India
3R Recycler Private Limited₹131.5 Cr (FY 2025)134.0%Delhi, India
Nepra Resource Management Private Limitedthis company₹131 Cr (FY 2025)-₹39.08 Cr-29.8%207Ahmedabad, Gujarat, India
Global Waste Infra Private Limited₹124.03 Cr (FY 2025)56.0%Mumbai, Maharashtra, India

To see the full peer comparison of Nepra Resource Management Private Limited, buy the company report.

Auditor

Nepra Resource Management Private Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2024.

Auditor firmFinancial yearFirm registration number
Price Waterhouse Chartered Accountants LLPFY 2024012754N/N500016

Shareholding

The shareholding of Nepra Resource Management Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2024FY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Nepra Resource Management Private Limited, buy the company report.

Charges & borrowings

Open charges
₹59.5 Cr
Satisfied charges
₹18.6 Cr
Breakdown by lending institutions
Others₹59.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
31 Dec 2025101218952Others₹10 CrOpen
22 Dec 2023100854160Others₹16.5 CrOpen
07 Jun 2023100741513Others₹33 CrOpen
31 Jan 2024100859185Hdfc Bank Limited₹5 CrSatisfied
31 Aug 2019100289670Others₹5 CrSatisfied

To see the full charge records of Nepra Resource Management Private Limited, buy the company report.

Total charge records: 9 View all charges

Deals & funding

Nepra Resource Management Private Limited has 10 deals on record (7 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹246.12 Cr; the latest was in February 2024.

Total deals
10
Funding rounds
7
Secondary share transfers
2
Rights issue
1
Disclosed funding
₹246.12 Cr

Deals on record (5 of 10)

WhenDealAmountParties
Nov 2019Funding round · Bridge₹41 CrInvestors: Aavishkaar Capital, Asha Ventures
Jun 2018Funding round · Series B₹52.51 CrInvestors: Aavishkaar Capital, Asha Ventures, 2 individuals
Apr 2015Rights issue₹10 CrInvestors: Aavishkaar Capital
Feb 2013Funding round · Seed₹5 CrInvestors: Aavishkaar Capital
Jan 2013Funding round₹50.4 LakhInvestors: 4 individuals

To see the full deal history of Nepra Resource Management Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Nepra Resource Management Private Limited has 15 MSME Form 1 returns on record between 2019 and 2024, listing 498 overdue payments to 114 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 114)

SupplierAmount dueDue sinceReported on
an individual supplier
Milestone Pneumatics
Dass Multi Service Private Limited
Continental Belting Private Limited
an individual supplier

To see the full MSME payment records of Nepra Resource Management Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Nepra Resource Management Private Limited has a workforce of 207 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
207
Active EPFO establishments
1
Employee growth
-21.3%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-27207
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Nepra Resource Management Private Limited, buy the company report.

GST

Nepra Resource Management has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.

Total GSTINs
5
Active
5
GSTINStateStatusRegistered on
24AACCN3818L1ZEGujaratActive01 Jul 2017
24AACCN3818L2ZDGujaratActive09 May 2025
23AACCN3818L1ZGMadhya PradeshActive29 Nov 2018
27AACCN3818L1Z8MaharashtraActive15 Oct 2019

To see the full GST registrations and return filing status of Nepra Resource Management Private Limited, buy the company report.

Recent activity

Nepra Resource Management Private Limited has 23 board changes on record since 2006: 14 appointments and 9 cessations. The latest: Devansh Thapar ceased to be Nominee Director on 08 May 2025.

Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 101218952 was registered on 31 Dec 2025.
AGM
Nepra Resource Management Private Limited last Annual general meeting of members was held on 11 Sep 2025 as per latest MCA records.
Ceased
Devansh Thapar ceased to be Nominee Director.
Appointed
Kushal Lathia was appointed as Nominee Director.
Filing
Nepra Resource Management Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Dhrumin Maheshkumar Patel ceased to be Additional Director.
Charges
A charge registered on 31 Jan 2024 via Charge ID 100859185 with Hdfc Bank Limited was fully satisfied on 28 Mar 2025.
Appointed
Deep Halendra Dholakia was appointed as Director.
Ceased
Sandeep Arvind Patel ceased to be Director.
Appointed
Devansh Thapar was appointed as Nominee Director.
Ceased
Hari Krishnan ceased to be Nominee Director.
Charges
A charge with Others of Rs. 33.00 Cr registered on 07 Jun 2023 with Charge ID 100741513 was modified on 14 Feb 2024.

31 earlier events are in the company report.

News

Frequently asked questions

Nepra Resource Management is an active private limited company based in Ahmedabad, Gujarat, India. The company works in waste management and recycling solutions, within the environment industry. It was incorporated on 13 October 2006 (20+ years old) and is registered under CIN U90001GJ2006PTC049227.

Nepra Resource Management has 5 current directors:

The latest financial statements of Nepra Resource Management on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 11 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Nepra Resource Management is 24AACCN3818L1ZE, registered in Gujarat. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 24AACCN3818L2ZD (Gujarat), 23AACCN3818L1ZG (Madhya Pradesh), 27AACCN3818L1Z8 (Maharashtra).

The CIN (Corporate Identification Number) of Nepra Resource Management is U90001GJ2006PTC049227. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Nepra Resource Management has 18 court cases on record: 14 filed by the company and 4 filed against it. 7 are pending. Most are in the district courts.

Nepra Resource Management was incorporated on 13 October 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Nepra Resource Management has 10 deals on record (7 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹246.12 Cr; the latest was in February 2024.

The peers of Nepra Resource Management by revenue are Greenscape Eco Management Private Limited, Infinite Cercle Private Limited, Bio Mining India Private Limited, 3R Recycler Private Limited, Global Waste Infra Private Limited, all in the Cleantech industry (Recycling and Waste Treatment), with the same principal business activity (waste collection, treatment and disposal activities, materials recovery and other waste management services).

Devansh Thapar ceased to be Nominee Director on 08 May 2025. Kushal Lathia was appointed as Nominee Director on 08 May 2025. Dhrumin Maheshkumar Patel ceased to be Additional Director on 31 Mar 2025. Nepra Resource Management has 23 board changes on record in total.

Yes, Nepra Resource Management is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0009159).

Nepra Resource Management has 15 MSME Form 1 returns on record between 2019 and 2024, listing 498 overdue payments to 114 micro and small suppliers. The latest return was filed on 27 Apr 2024.