About Recycling Solutions Private Limited
Data last updated:
Recycling Solutions Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Norman Enviro Projects Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the waste management and recycling solutions segment of the environmental services sector. It was incorporated on 08 November 2012.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U37100MH2012PTC237696. Its GSTIN is 24AAGCR1991N1ZW (Gujarat). The company held 2 GST registrations, all of them active.
The company had an authorised share capital of ₹9.9 Cr and a paid-up capital of ₹9.58 Cr. It was led by directors including Mod Fahim Mod Ayyub Sopariwala and Sanjay Navnitbhai Sheth.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹188.62 Cr. For the same year it recorded a net profit of ₹40.99 Cr (net margin 21.7%) and EBITDA of ₹69 Cr (EBITDA margin 36.6%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 16% over five years.
The company had about 212 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Recycling Solutions. As per MCA filings, the company had open charges of ₹218.75 Cr and satisfied charges of ₹22.67 Cr on record.
The last known website on record is rs-pl.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address370 S V P Road Shop 8 Plot 384 Cigaretwala Bldg. Opp:Cbi Prarthana Samaj Nr. Harkishandas, Hospital, Mumbai, Maharashtra, India – 400004
- IndustryEnvironment, Waste Management & Recycling Solutions
- 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
- One PDF report, delivered after checkout
Associated Brands with Recycling Solutions Private Limited
Recycling Solutions operates one associated brand: Recycling Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers recyclable waste management solutions for commerce, industry, and environmental sustainability. | recyclingsolutions.co.zw |
Competitors & Alternatives of Recycling Solutions Private Limited
Brands and companies operating in the same space as Recycling Solutions Private Limited include Vertex Energy, Covanta, Coastal Waste & Recycling and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Vertex Energy | Waste recycling services in the oil industry are provided. | Houston, United States | 2001 |
 Covanta | Provider of waste recycling services | Morristown, United States | 1983 |
 Coastal Waste & Recycling | Solid waste disposal and recycling services are provided. | Pompano Beach, United States | 2017 |
 Lakeshore Recycling | Waste recycling services are provided across the United States. | Oconomowoc, United States | 1999 |
 Perma-Fix | Waste treatment services are provided for environmental compliance and remediation. | Atlanta, United States | 1991 |
 TerraCycle | Waste recycling services for hard-to-recycle plastics are provided. | Trenton, United States | 2001 |
 CMC | CMC is engaged in metal recycling and steel production. | Irving, United States | 1915 |
 Pyrum | Provider of thermal pyrolysis technology solutions for management of waste tyres and plastics | Strasbourg, France | 2007 |
 Roydon | Plastic recycling and resource recovery services are provided globally. | Clifton, United Kingdom | 2009 |
Business Activity of Recycling Solutions Private Limited
The main business activity of Recycling 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 | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| E | Water supply, sewerage and waste management | E3 | Waste collection, treatment and disposal activities, materials recovery and Other waste management services | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Recycling Solutions Private Limited
Recycling Solutions Private Limited is audited by NIRANJAN DESAI & CO. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NIRANJAN DESAI & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Recycling Solutions Private Limited
Recycling Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mod Fahim Mod Ayyub Sopariwala | Director | 01 Jan 2014 | 12 Years 9 Months | As last reported |
| Sanjay Navnitbhai Sheth | Director | 08 Nov 2012 | 13 Years 10 Months | As last reported |
| Vijay Navnitray Sheth | Director | 08 Nov 2012 | 13 Years 10 Months | As last reported |
Financials of Recycling Solutions Private Limited FY 2024 filings available
Recycling Solutions Private Limited reported revenue of ₹188.62 Cr for FY 2024.
Compounded Annual Growth Rate (CAGR) of Recycling Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 16% 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 of Recycling Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹69 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹40.99 Cr | •••• | •••• | •••• | •••• |
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Financial Ratios of Recycling Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| EBITDA Margin | 36.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 21.7% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
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| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
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Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Recycling Solutions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Recycling Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Group Structure of Recycling Solutions Private Limited
Recycling Solutions has 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Charges & Borrowings of Recycling Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Oct 2018 | Others | ₹15 Cr | Satisfied |
| 19 Jan 2018 | Axis Bank Limited | ₹16.72 Lakh | Satisfied |
| 19 Feb 2016 | Axis Bank Limited | ₹7.5 Cr | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Recycling Solutions Private Limited
Recycling Solutions Private Limited has a workforce of 212 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Recycling Solutions Private Limited
Recycling Solutions has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCR1991N1ZW | Gujarat | Active | 01 Jul 2017 |
| 08AAGCR1991N1ZQ | Rajasthan | Active | 17 Oct 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- 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 Recycling Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- 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 Recycling Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Recycling Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- 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 Recycling Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Recycling Solutions Private Limited
Frequently Asked Questions about Recycling Solutions Private Limited
Recycling Solutions has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Recycling Solutions was a private limited company based in Mumbai, Maharashtra, India. The company worked in waste management and recycling solutions, within the environment industry. It was incorporated on 08 November 2012 and is registered under CIN U37100MH2012PTC237696. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Recycling Solutions was incorporated on 08 November 2012. It is registered with the Registrar of Companies, Mumbai.
Recycling Solutions had 3 directors:
- Mod Fahim Mod Ayyub Sopariwala - Director
- Sanjay Navnitbhai Sheth - Director
- Vijay Navnitray Sheth - Director
The CIN (Corporate Identification Number) of Recycling Solutions is U37100MH2012PTC237696. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Recycling Solutions is at 370 S V P Road Shop 8 Plot 384 Cigaretwala Bldg. Opp:Cbi Prarthana Samaj Nr. Harkishandas, Hospital, Mumbai, Maharashtra, India – 400004.
Recycling Solutions can be reached through the website rs-pl.com. Its registered office is in Mumbai, Maharashtra, India.
Recycling Solutions reported revenue of ₹188.62 Cr for FY 2024.
Recycling Solutions has an authorised share capital of ₹9.9 Cr and a paid-up capital of ₹9.58 Cr.