DPIIT recognised startup Government of India
Startup India
Spasibo Waste Solutions Private Limited
Spasibo Waste Solutions Private Limited - environment in Jaipur, Rajasthan, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.27 Lakh
▼ 71% YoY
Net profit · FY 2024
₹3,533
Net margin 1.1%
EBITDA · FY 2024
₹9,719
EBITDA margin 3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Spasibo Waste Solutions Private Limited
Data last updated:
Spasibo Waste Solutions Private Limited is a private limited company based in Jaipur, Rajasthan, India, recognised as a startup by DPIIT. It operates in the waste management and recycling solutions segment of the environmental services sector. It was incorporated on 27 January 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U74999RJ2017PTC056921. Its GSTIN is 08AAYCS1316G1Z3 (Rajasthan).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Iqtedar Ali and Gaurav Sharma.
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 3528 Barion Ki Gali Handipura, Jaipur, Rajasthan, India – 302002.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.27 Lakh, a decline of 71% compared to the previous year. For the same year it recorded a net profit of ₹3,533 (net margin 1.1%) and EBITDA of ₹9,719 (EBITDA margin 3%). Revenue has declined at a compounded annual rate (CAGR) of 47% over three years and 13% over five years.
Spasibo Waste Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-17-0086402). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74999RJ2017PTC056921
Registration Number 056921
Incorporation Date 27 January 2017
ROC Jaipur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-RJ-17-0086402
Key People
Iqtedar Ali Director Gaurav Sharma Director Recognitions & Rankings of Spasibo Waste Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-RJ-17-0086402
Contact details
Spasibo Waste Solutions Private Limited's registered office is in Jaipur, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3528 Barion Ki Gali Handipura, Jaipur, Rajasthan, India – 302002
- IndustryEnvironment, Waste Management & Recycling Solutions
To see the full contact details of Spasibo Waste Solutions Private Limited, buy the company report.
Comprehensive company report
Spasibo Waste Solutions 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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Business activity
The main business activity of Spasibo Waste Solutions is professional, scientific and technical. In detail, this covers advertising and market research.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M6 | Advertising and market research |
To see the full business activity and turnover split of Spasibo Waste Solutions Private Limited, buy the company report.
Financials of Spasibo Waste Solutions Private Limited
FY 2025 filings availableSpasibo Waste Solutions Private Limited reported revenue of ₹3.27 Lakh (down 71% YoY) for FY 2024.
Revenue · FY 2024
₹3.27 Lakh ▼ 71%
Net profit · FY 2024
₹3,533 margin 1.1%
EBITDA · FY 2024
₹9,719 margin 3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 71%
3 years · compounded
▼ 47%
5 years · compounded
▼ 13%
EBITDA CAGR growth
1 year
▼ 16%
3 years · compounded
▼ 31%
5 years · compounded
▲ 16%
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 71% fall in the latest year. EBITDA fell 16% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹9,719 | ||||
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| Net Profit (PAT) | ₹3,533 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 3% | ||||
| Net Profit Margin | 1.1% | ||||
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To see the full financial statements and ratios of Spasibo Waste Solutions Private Limited, buy the company report.
Board of directors of Spasibo Waste Solutions Private Limited
Spasibo Waste Solutions has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Iqtedar Ali | Director | 27 Jan 2017 | 9 Years 9 Months | Current |
| Gaurav Sharma Also directs: Green Spaces Solutions LLP, Trash Gen Consulting Private Limited, Gativ Accelerator Private Limited and 1 more | Director | 27 Jan 2017 | 9 Years 9 Months | Current |
Auditor
Spasibo Waste Solutions Private Limited is audited by DURGA KRISHNAMURTHY & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DURGA KRISHNAMURTHY & CO | FY 2019 | 008653S |
Shareholding
The shareholding of Spasibo Waste Solutions Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Spasibo Waste Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Spasibo Waste Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Spasibo Waste Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Spasibo Waste Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAYCS1316G1Z3 | Rajasthan | Active | 17 Aug 2017 |
To see the full GST registrations and return filing status of Spasibo Waste Solutions Private Limited, buy the company report.
Recent activity
Spasibo Waste Solutions Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Gaurav Sharma was appointed as Director on 27 Jan 2017.
AGM
Spasibo Waste Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Spasibo Waste Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Jaipur.
Appointed
Gaurav Sharma was appointed as Director.
Appointed
Iqtedar Ali was appointed as Director.
Incorporation
27 Jan 2017
Spasibo Waste Solutions Private Limited was registered on 27 Jan 2017 with Roc Jaipur & aged 9 years 9 months as per MCA records.
Frequently asked questions
Spasibo Waste Solutions is an active private limited company based in Jaipur, Rajasthan, India. The company works in waste management and recycling solutions, within the environment industry. It was incorporated on 27 January 2017 (9+ years old) and is registered under CIN U74999RJ2017PTC056921.
Spasibo Waste Solutions has 2 current directors:
- Iqtedar Ali - Director
- Gaurav Sharma - Director
The latest financial statements of Spasibo Waste Solutions 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 2017 are in the company report.
The GSTIN of Spasibo Waste Solutions is 08AAYCS1316G1Z3, registered in Rajasthan.
The CIN (Corporate Identification Number) of Spasibo Waste Solutions is U74999RJ2017PTC056921. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spasibo Waste Solutions was incorporated on 27 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Jaipur.
Gaurav Sharma was appointed as Director on 27 Jan 2017. Iqtedar Ali was appointed as Director on 27 Jan 2017.
Yes, Spasibo Waste Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Spasibo Waste Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-RJ-17-0086402).
The registered office of Spasibo Waste Solutions is at 3528 Barion Ki Gali Handipura, Jaipur, Rajasthan, India – 302002.
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