MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-26-0147749
Ritzee Recycling Private Limited - metals and minerals in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹181.53 Cr
▼ 70% YoY
Net profit · FY 2025
₹9.47 Cr
Net margin 5.2%
EBITDA · FY 2025
₹11.87 Cr
EBITDA margin 6.5%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹5 Cr
Issued & subscribed
Open charges
₹65.5 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
48
Provident fund records
About Ritzee Recycling Private Limited
Data last updated:
Ritzee Recycling Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 16 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U51909PN2020PTC189190. Its GSTIN is 27AAKCR0290C1ZJ (Maharashtra). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Nayana Kamlesh Mehta and Akshay Kamlesh Mehta.
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 Gat No. 680 Jadhavwadi Road, Kudalwadi Pimpri Chinchwad Pune Mh, Maharashtra, India – 411062.
As per the financials filed for FY 2025, the company reported a revenue of ₹181.53 Cr, a decline of 70% compared to the previous year. For the same year it recorded a net profit of ₹9.47 Cr (net margin 5.2%) and EBITDA of ₹11.87 Cr (EBITDA margin 6.5%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years.
The company has about 48 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ritzeerecycling. As per MCA filings, the company has open charges of ₹65.5 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company.
Ritzee Recycling Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0147749). For more details, the company can be reached via its website ritzeerecycling.com.
Company details
CIN U51909PN2020PTC189190
Registration Number 189190
Incorporation Date 16 January 2020
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Medium
Udyam Registration UDYAM-MH-26-0147749
Key People
Nayana Kamlesh Mehta Director Akshay Kamlesh Mehta Director Niranjan Gajanan Upalkar Director Recognitions & Rankings of Ritzee Recycling
Contact details
Ritzee Recycling Private Limited's registered office is in Pune, Maharashtra. Its website is ritzeerecycling.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGat No. 680 Jadhavwadi Road, Kudalwadi Pimpri Chinchwad Pune Mh, Maharashtra, India – 411062
- IndustryMetals and Minerals, Metal Manufacturing & Processing
To see the full contact details of Ritzee Recycling Private Limited, buy the company report.
Comprehensive company report
Ritzee Recycling 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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Brands
Ritzee Recycling operates one associated brand: Ritzeerecycling. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Industrial scrap metal recycling specialists providing competitive pricing and client services. | ritzeerecycling.com |
Business activity
The main business activity of Ritzee Recycling is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Ritzee Recycling Private Limited, buy the company report.
Financials of Ritzee Recycling Private Limited
FY 2025 filings availableRitzee Recycling Private Limited reported revenue of ₹181.53 Cr (down 70% YoY) for FY 2025.
Revenue · FY 2025
₹181.53 Cr ▼ 70%
Net profit · FY 2025
₹9.47 Cr margin 5.2%
EBITDA · FY 2025
₹11.87 Cr margin 6.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 70%
3 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▼ 57%
3 years · compounded
▲ 29%
Revenue fell 70% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 23%. EBITDA fell 57% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹11.87 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹9.47 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.5% | ||||
| Net Profit Margin | 5.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ritzee Recycling Private Limited, buy the company report.
Board of directors of Ritzee Recycling Private Limited
Ritzee Recycling has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nayana Kamlesh Mehta | Director | 11 Aug 2020 | 6 Years 2 Months | Current |
| Akshay Kamlesh Mehta | Director | 16 Jan 2020 | 6 Years 9 Months | Current |
| Niranjan Gajanan Upalkar | Director | 24 Sep 2024 | 2 Years 1 Months | Current |
Auditor
Ritzee Recycling Private Limited is audited by AGH & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGH & Associates | FY 2023 | 121877W |
Shareholding
The shareholding of Ritzee Recycling Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ritzee Recycling Private Limited, buy the company report.
Charges & borrowings
Open charges
₹65.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Nov 2025 | 101182309 | Indian Overseas Bank | ₹18.4 Cr | Open | |
| 15 Jul 2025 | 101131909 | Hdfc Bank Limited | ₹14.19 Lakh | Open | |
| 17 Jun 2025 | 101124756 | Others | ₹35 Cr | Open | |
| 31 Mar 2025 | 101090580 | Hdfc Bank Limited | ₹68.29 Lakh | Open | |
| 01 Feb 2025 | 101049077 | Hdfc Bank Limited | ₹1 Cr | Open |
To see the full charge records of Ritzee Recycling Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
Ritzee Recycling Private Limited has 4 court cases on record: 4 filed by Ritzee Recycling. All cases are disposed.
Total cases
4
Filed by the company
4
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 4 | 0 | 0 |
Cases on record (2 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed by the company against Yes Bank and Ors and 2 others | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Yes Bank & Ors | Disposed |
To see the full case history of Ritzee Recycling Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ritzee Recycling Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ritzee Recycling Private Limited has a workforce of 48 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
Employee count
48
Active EPFO establishments
1
Employee growth
2.13%
GST
Ritzee Recycling has 5 GST registrations: 4 active and 1 cancelled or inactive.
Total GSTINs
5
Active
4
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCR0290C1ZJ | Maharashtra | Active | 22 Jan 2020 |
| 23AAKCR0290C1ZR | Madhya Pradesh | Active | 17 Jun 2020 |
| 27AAKCR0290C1DS | Maharashtra | Active | 06 Nov 2024 |
| 23AAKCR0290C1D0 | Madhya Pradesh | Active | 13 Dec 2024 |
To see the full GST registrations and return filing status of Ritzee Recycling Private Limited, buy the company report.
Recent activity
Ritzee Recycling Private Limited has 6 board changes on record since 2020: 3 appointments and 3 cessations. The latest: Niranjan Gajanan Upalkar ceased to be Additional Director on 29 Sep 2024.
Charges
A charge with Indian Overseas Bank of Rs. 18.40 Cr registered on 06 Nov 2025 with Charge ID 101182309 was modified on 21 Nov 2025.
Charges
A charge with Indian Overseas Bank amounted to Rs. 18.40 Cr with Charge ID 101182309 was registered on 06 Nov 2025.
AGM
Ritzee Recycling Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.14 Cr with Charge ID 101131909 was registered on 15 Jul 2025.
Charges
A charge with Others of Rs. 35.00 Cr registered on 17 Jun 2025 with Charge ID 101124756 was modified on 03 Jul 2025.
Charges
A charge with Others amounted to Rs. 35.00 Cr with Charge ID 101124756 was registered on 17 Jun 2025.
Filing
Ritzee Recycling Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.68 Cr with Charge ID 101090580 was registered on 31 Mar 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.00 Cr with Charge ID 101049077 was registered on 01 Feb 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.80 Cr with Charge ID 101048856 was registered on 15 Jan 2025.
Charges
A charge with Others amounted to Rs. 0.76 Cr with Charge ID 101009589 was registered on 02 Dec 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.21 Cr with Charge ID 101004974 was registered on 19 Oct 2024.
11 earlier events are in the company report.
Frequently asked questions
Ritzee Recycling is an active private limited company based in Pune, Maharashtra, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 16 January 2020 (6+ years old) and is registered under CIN U51909PN2020PTC189190.
Ritzee Recycling has 3 current directors:
- Nayana Kamlesh Mehta - Director
- Akshay Kamlesh Mehta - Director
- Niranjan Gajanan Upalkar - Director
The latest financial statements of Ritzee Recycling 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 Ritzee Recycling is 27AAKCR0290C1ZJ, registered in Maharashtra. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 23AAKCR0290C1ZR (Madhya Pradesh), 27AAKCR0290C1DS (Maharashtra), 23AAKCR0290C1D0 (Madhya Pradesh).
The CIN (Corporate Identification Number) of Ritzee Recycling is U51909PN2020PTC189190. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ritzee Recycling has 4 court cases on record: 4 filed by the company.
Ritzee Recycling was incorporated on 16 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Pune.
Niranjan Gajanan Upalkar ceased to be Additional Director on 29 Sep 2024. Niranjan Gajanan Upalkar was appointed as Director on 24 Sep 2024. Nayana Kamlesh Mehta ceased to be Additional Director on 31 Dec 2021. Ritzee Recycling has 6 board changes on record in total.
Yes, Ritzee Recycling is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-26-0147749).
Ritzee Recycling can be reached through the website ritzeerecycling.com. Its registered office is in Pune, Maharashtra, India.