Binbag Recycling Services Private Limited

Founded in 2018 and headquartered in Karnataka, India.

2018 | Bangalore, Karnataka (India) | Active
Last Updated: July 16, 2024

Binbag Recycling Services Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 6 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 35.88%
  • Profit Growth 866.84%
  • Ebitda -443.54%
  • Net Worth 104.57%
  • Total Assets -46.03%

About Binbag Recycling Services

Binbag Recycling Services Private Limited (BRSPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 22 November 2018 (Six years and two months 15 days old ). Its registered office is in Bangalore, Karnataka, India.

The Company is engaged in the Environment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.


Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U37200KA2018PTC118722

  • Company No.

    118722

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Nov 2018

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Environment

Who are the key members and board of directors at Binbag Recycling Services?

Board Members (2)

Name Designation Appointment Date Status
Achitra Borgohain Country flag representing In Director 22-Nov-2018 Current
Bhuchitra Borgohain Country flag representing In Director 21-Oct-2019 Current

Financial Performance of Binbag Recycling Services.

Binbag Recycling Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 35.88% increase. The company also saw a substantial improvement in profitability, with a 866.84% increase in profit. The company's net worth Soared by an impressive increase of 104.57%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
35.88%
Revenue from Operations
13.18%
Total Assets
-46.03%
Profit or Loss
866.84%
Net Worth
104.57%
EBITDA
-443.54%

What is the Ownership and Shareholding Structure of Binbag Recycling Services?

In 2023, Binbag Recycling Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Binbag Recycling Services?

Unlock and access historical data on people associated with Binbag Recycling Services, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Binbag Recycling Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Binbag Recycling Services's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Binbag Recycling Services

Recent activity within the organization

  • Annual General Meeting

    Binbag Recycling Services Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Binbag Recycling Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Bhuchitra Borgohain was appointed as a Director was appointed as a Director on 21 Oct 2019 & has been associated with this company since 5 years 3 months .

    21 Oct 2019

  • Director Appointment

    Achitra Borgohain was appointed as a Director was appointed as a Director on 22 Nov 2018 & has been associated with this company since 6 years 2 months .

    22 Nov 2018

  • Company Incorporation

    Binbag Recycling Services Private Limited was registered on 22 Nov 2018 with Roc Bangalore & aged 6 years 2 months as per MCA records.

    22 Nov 2018

Frequently asked questions

  • Binbag Recycling Services Private Limited was incorporated on 22 Nov 2018.

  • The authorized share capital of Binbag Recycling Services Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Binbag Recycling Services Private Limited.

    • Achitra Borgohain
    • Bhuchitra Borgohain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Binbag Recycling Services Private Limited is C 703 Nitesh Caesars PalaceRaghuvanahalli Near Vajrahalli Metro Station Kanakpura, Main Road, Bangalore, Karnataka, India, 560062.

  • The corporate identification number (CIN) of Binbag Recycling Services Private Limited is U37200KA2018PTC118722 and the company number is 118722 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Binbag Recycling Services Private Limited is https://www.binbag.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Binbag Recycling Services Private Limited has risen by 35.88%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Binbag Recycling Services Private Limited has experienced an upsurge of 104.57%.

  • The most recent Balance Sheet for Binbag Recycling Services Private Limited was filed with the ROC on 31 Mar 2023.

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