Gemcorp Recycling & Technologies Private Limited

Recycling company providing various materials to major corporations and partnering with global organizations.

2019 | Thane, Maharashtra (India) | Active
Last Updated:

Gemcorp Recycling & Technologies Profile

Key Indicators

  • Authorised Capital ₹ 72.50 Cr
  • Paid Up Capital ₹ 71.04 Cr
  • Company Age 5 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 60.00 Cr
  • Revenue Growth 0.88%
  • Profit Growth -92.98%
  • Ebitda -5.23%
  • Net Worth 79.19%
  • Total Assets 82.22%

About Gemcorp Recycling & Technologies

Gemcorp Recycling & Technologies Private Limited (GRTPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 29 October 2019 (Five years and four months 6 days old ). Its registered office is in Thane, Maharashtra, 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 72.50 Cr and a paid-up capital of Rs 71.04 Cr.

The company currently has active open charges totaling ₹60.00 Cr.

The Key Managerial Personnel (KMP) at Gemcorp Recycling & Technologies Private Limited India is Shankar Iyer as COMPANY SECRETARY. Vikas Chhajer, Navin Jain, and Ashok Kumar serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U27320MH2019PTC332313

  • Company No.

    332313

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Oct 2019

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Environment

What products or services does Gemcorp Recycling & Technologies Private Limited offer?

Gemcorp Recycling & Technologies Private Limited offers a wide range of products and services, including Metal & Metal Made Products, Metal Ingots, PET Granules & Plastic Raw Material, Reprocessed Plastic Granules, Packing Straps, Clips & Supplies, Box Straps, Plastic, PVC & PP Products, Plastic Scrap, Plastic Granules, Bulk Bags & Sacks.

Who are the key members and board of directors at Gemcorp Recycling & Technologies?

Executive Team (1)

NameDesignationAppointment DateStatus
Shankar Iyer Company Secretary01-Jun-2022Current

Board Members (3)

NameDesignationAppointment DateStatus
Vikas Chhajer Country flag representing In Director 20-Mar-2023Current
Navin Jain Country flag representing In Director 07-Jul-2020Current
Ashok Kumar Country flag representing In Additional Director 12-Aug-2024Current

Financial Performance of Gemcorp Recycling & Technologies.

Gemcorp Recycling & Technologies Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.88% increase. The company also saw a substantial fall in profitability, with a 92.98% decrease in profit. The company's net worth Soared by an impressive increase of 79.19%.

Gemcorp Recycling & Technologies revenue growth over time
Gemcorp Recycling & Technologies 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
0.88%
Revenue from Operations
0.89%
Total Assets
82.22%
Profit or Loss
-92.98%
Net Worth
79.19%
EBITDA
-5.23%

What is the Ownership and Shareholding Structure of Gemcorp Recycling & Technologies?

In 2023, Gemcorp Recycling & Technologies had a promoter holding of 86.00% and a public holding of 14.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹60.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 60.00 Cr

Latest Charge Details

DateLenderAmountStatus
02 Mar 2021Hdfc Bank Limited₹60.00 CrOpen

How Many Employees Work at Gemcorp Recycling & Technologies?

Gemcorp Recycling & Technologies has a workforce of 43 employees as of May 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Gemcorp Recycling & Technologies Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Gemcorp Recycling & Technologies, 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 Gemcorp Recycling & Technologies'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 Gemcorp Recycling & Technologies

Recent activity within the organization

  • Director Appointment

    Ashok Kumar was appointed as a Additional Director was appointed as a Additional Director on 12 Aug 2024 & has been associated with this company since 6 months 22 days .

  • Charges

    A charge with Hdfc Bank Limited of Rs. 60.00 Cr registered on 02 Mar 2021 with Charge ID 100436796 was modified on 18 Apr 2024.

  • Annual General Meeting

    Gemcorp Recycling & Technologies Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Gemcorp Recycling & Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Director Appointment

    Vikas Chhajer was appointed as a Director was appointed as a Director on 20 Mar 2023 & has been associated with this company since 1 year 11 months .

  • Director Appointment

    Shankar Sundaresan Iyer was appointed as a Company Secretary was appointed as a Company Secretary on 01 Jun 2022 & has been associated with this company since 2 years 9 months .

Frequently asked questions

  • What is the Incorporation or founding date of Gemcorp Recycling & Technologies Private Limited?

    Gemcorp Recycling & Technologies Private Limited was incorporated on 29 Oct 2019.

  • What is authorized share capital and paid-up capital of Gemcorp Recycling & Technologies Private Limited?

    The authorized share capital of Gemcorp Recycling & Technologies Private Limited is ₹ 72.50 Cr and paid-up capital is ₹ 71.04 Cr.

  • Who are the current board members & directors of Gemcorp Recycling & Technologies Private Limited?

    Currently 4 directors are associated with Gemcorp Recycling & Technologies Private Limited.

    • Vikas Chhajer
    • Navin Kumar Jain
    • Ashok Kumar
    • Shankar Sundaresan Iyer
  • What is the registered address of Gemcorp Recycling & Technologies Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Gemcorp Recycling & Technologies Private Limited is Plot No R 724/A B Ttc Indusrial Area, Rabale India, Navi Mumbai, Maharashtra, 400701.

  • What is the corporate identification number (CIN) and company number of Gemcorp Recycling & Technologies Private Limited?

    The corporate identification number (CIN) of Gemcorp Recycling & Technologies Private Limited is U27320MH2019PTC332313 and the company number is 332313 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Gemcorp Recycling & Technologies Private Limited?

    The Official website of Gemcorp Recycling & Technologies Private Limited is https://www.gemcorprecycling.com

  • What has been the recent revenue trend for Gemcorp Recycling & Technologies Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Gemcorp Recycling & Technologies Private Limited has risen by 0.88%.

  • How many employees does Gemcorp Recycling & Technologies Private Limited currently have?

    As Per 2023 financial reports, 43 employees are currently employed by Gemcorp Recycling & Technologies Private Limited.

  • What change has been observed in the net worth of Gemcorp Recycling & Technologies Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Gemcorp Recycling & Technologies Private Limited has experienced an upsurge of 79.19%.

  • What are the total open charges for Gemcorp Recycling & Technologies Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Gemcorp Recycling & Technologies Private Limited amount to ₹ 60.00 Cr.

  • When was the last Balance Sheet of Gemcorp Recycling & Technologies Private Limited filed with the ROC?

    The most recent Balance Sheet for Gemcorp Recycling & Technologies Private Limited was filed with the ROC on 31 Mar 2023.

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