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Vikasit Ecosystems Private Limited - recycling & waste management in Mangalore, Karnataka, India. Directors, charges & compliance details.
Revenue · FY 2024
₹11.65 Lakh
▲ 38% YoY
Net loss · FY 2024
₹17.09 Lakh
Net margin -146.7%
EBITDA · FY 2024
-₹16.94 Lakh
EBITDA margin -145.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
2
As per MCA filings
Brands
1
Associated brands
About Vikasit Ecosystems Private Limited
Data last updated:
Vikasit Ecosystems Private Limited is a private limited company based in Mangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the non metal recycling segment of the recycling and waste management sector. It was incorporated on 30 May 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U37200KA2022PTC161872.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vagishwari Shrinivasa (Managing Director) and Priya Vinod.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 2 – 93/4 Kavoor College Road Shankar Nagar Gandhinagar, Mangalore, Karnataka, India – 575015.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.65 Lakh, a growth of 38% compared to the previous year. For the same year it recorded a net loss of ₹17.09 Lakh (net margin -146.7%) and EBITDA of -₹16.94 Lakh (EBITDA margin -145.4%).
The company is associated with 1 brand: Vikasiteco. Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending.
For more details, the company can be reached via its website vikasiteco.com.
Company details
CIN U37200KA2022PTC161872
Registration Number 161872
Incorporation Date 30 May 2022
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Vikasit Ecosystems
Contact details
Vikasit Ecosystems Private Limited's registered office is in Mangalore, Karnataka.
- Social Media
- Registered Address2 – 93/4 Kavoor College Road Shankar Nagar Gandhinagar, Mangalore, Karnataka, India – 575015
- IndustryRecycling & Waste Management, Non Metal Recycling
Comprehensive company report
Vikasit Ecosystems 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
Vikasit Ecosystems operates one associated brand: Vikasiteco. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers waste management services, products, and consultancy for sustainable processing. | vikasiteco.com |
Business activity
The main business activity of Vikasit Ecosystems 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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| E | Water supply, sewerage and waste management | E3 | Waste collection, treatment and disposal activities, materials recovery and Other waste management services |
To see the full business activity and turnover split of Vikasit Ecosystems Private Limited, buy the company report.
Financials of Vikasit Ecosystems Private Limited
FY 2024 filings availableVikasit Ecosystems Private Limited reported revenue of ₹11.65 Lakh (up 38% YoY) for FY 2024.
Revenue · FY 2024
₹11.65 Lakh ▲ 38%
Net loss · FY 2024
₹17.09 Lakh margin -146.7%
EBITDA · FY 2024
-₹16.94 Lakh margin -145.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 38%
EBITDA CAGR growth
1 year
▼ 98%
Revenue rose 38% in the latest year. EBITDA fell 98% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹16.94 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹17.09 Lakh | |
| 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
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -145.4% | |
| Net Profit Margin | -146.7% | |
| 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 Vikasit Ecosystems Private Limited, buy the company report.
Board of directors of Vikasit Ecosystems Private Limited
Vikasit Ecosystems has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Priya Vinod Also directs: Tagetto Sports Services LLP, Skyle Solutions Private Limited | Director | 01 Aug 2022 | 4 Years 3 Months | Current |
| Vagishwari Shrinivasa | Managing Director | 01 Aug 2022 | 4 Years 3 Months | Current |
Peer comparison
Vikasit Ecosystems Private Limited is compared with the 3 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vikasit Ecosystems Private Limitedthis company | ₹11.65 Lakh (FY 2024) | -₹17.09 Lakh | -146.7% | 38.0% | Mangalore, Karnataka, India | |
| Futurefusion Recycles Private Limited | ₹11.29 Lakh (FY 2018) | 12305.0% | Pune, Maharashtra, India | |||
| Spaak Global Agra Waste Collection Private Limited | ₹11.26 Lakh (FY 2025) | 21.0% | New Delhi, Delhi, India | |||
| Sortgoa Recyclers Private Limited | ₹11.11 Lakh (FY 2018) | -89.0% | Alto Porvorim, Goa, India |
To see the full peer comparison of Vikasit Ecosystems Private Limited, buy the company report.
Legal cases
Vikasit Ecosystems Private Limited has 2 court cases on record: 2 filed against it. All cases are pending.
Total cases
2
Filed against the company
2
Pending
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Court case (Com.O.S.) | Filed against the company by Waste Is Gold Technologies Pvt Ltd | Pending |
| District court, BENGALURU RURAL, Karnataka | Court case (Com.Misc.) | Filed against the company by Waste Is Gold Technologies Pvt Ltd | Pending |
To see the full case history of Vikasit Ecosystems 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 Vikasit Ecosystems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Vikasit Ecosystems Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Vikasit Ecosystems Private Limited has 6 board changes on record since 2022: 2 appointments and 4 cessations. The latest: Murthy Johnson Yowan ceased to be Director on 12 Jun 2024.
AGM
Vikasit Ecosystems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Murthy Johnson Yowan ceased to be Director.
Ceased
Sundar Daniel Rishi ceased to be Director.
Filing
Vikasit Ecosystems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Priya Vinod ceased to be Additional Director.
Ceased
Vagishwari Shrinivasa ceased to be Additional Director.
Appointed
Priya Vinod was appointed as Director.
Appointed
Vagishwari Shrinivasa was appointed as Managing Director.
Incorporation
30 May 2022
Vikasit Ecosystems Private Limited was registered on 30 May 2022 with Roc Bangalore & aged 4 years 5 months as per MCA records.
Frequently asked questions
Vikasit Ecosystems is an active private limited company based in Mangalore, Karnataka, India. The company works in non metal recycling, within the recycling and waste management industry. It was incorporated on 30 May 2022 (4+ years old) and is registered under CIN U37200KA2022PTC161872.
Vikasit Ecosystems has 2 current directors:
- Vagishwari Shrinivasa - Managing Director
- Priya Vinod - Director
The latest financial statements of Vikasit Ecosystems on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2023 are in the company report.
The CIN (Corporate Identification Number) of Vikasit Ecosystems is U37200KA2022PTC161872. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vikasit Ecosystems has 2 court cases on record: 2 filed against it. 2 are pending.
Vikasit Ecosystems was incorporated on 30 May 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Vikasit Ecosystems by revenue are Futurefusion Recycles Private Limited, Spaak Global Agra Waste Collection Private Limited, Sortgoa Recyclers 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).
Murthy Johnson Yowan ceased to be Director on 12 Jun 2024. Sundar Daniel Rishi ceased to be Director on 12 Jun 2024. Priya Vinod ceased to be Additional Director on 29 Dec 2023. Vikasit Ecosystems has 6 board changes on record in total.
Yes, Vikasit Ecosystems is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Vikasit Ecosystems can be reached through the website vikasiteco.com. Its registered office is in Mangalore, Karnataka, India.
The registered office of Vikasit Ecosystems is at 2 – 934 Kavoor College Road Shankar Nagar Gandhinagar, Mangalore, Karnataka, India – 575015.
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