Jain Recycling Private Limited

Recycling company specializing in ferrous and non-ferrous metals and non-metallic materials.

2020 | Chennai, Tamil Nadu (India) | Active
Last Updated: November 09, 2024

Jain Recycling Profile

Key Indicators

  • Authorised Capital ₹ 6.50 Cr
  • Paid Up Capital ₹ 5.94 Cr
  • Company Age 5 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 517.59 Cr
  • Satisfied Charges ₹ 35.00 Cr
  • Revenue Growth 15.98%
  • Profit Growth 15.39%
  • Ebitda 15.09%
  • Net Worth 16.06%
  • Total Assets 14.07%

About Jain Recycling

Jain Recycling Private Limited (JRPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 January 2020 (Five years and one month 12 days old ). Its registered office is in Chennai, Tamil Nadu, 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 2024. It's a company limited by shares with an authorized capital of Rs 6.50 Cr and a paid-up capital of Rs 5.94 Cr.

The company currently has active open charges totaling ₹517.59 Cr. The company has closed loans amounting to ₹35.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mayank Pareek, Kamalesh Jain, and Hemant Jain serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    jainmetalgroup.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27200TN2020PTC133771

  • Company No.

    133771

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Jan 2020

  • Date of AGM

    09 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Environment

What products or services does Jain Recycling Private Limited offer?

Jain Recycling Private Limited offers a wide range of products and services, including PET Granules & Plastic Raw Material, Plastic Powder, Plastic, PVC & PP Products, Plastic Scrap, PVC Plastic Granule.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Mayank Pareek Country flag representing In Managing Director10-Jan-2020Current

Board Members (2)

NameDesignationAppointment DateStatus
Kamalesh Jain Country flag representing In Director 10-Jan-2020Current
Hemant Jain Country flag representing In Director 11-Apr-2022Current

Financial Performance of Jain Recycling.

Jain Recycling Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 15.98% increase. The company also saw a substantial improvement in profitability, with a 15.39% increase in profit. The company's net worth Soared by an impressive increase of 16.06%.

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
15.98%
Revenue from Operations
15.56%
Total Assets
14.07%
Profit or Loss
15.39%
Net Worth
16.06%
EBITDA
15.09%

What is the Ownership and Shareholding Structure of Jain Recycling?

In 2024, Jain Recycling 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)

Open Charges

₹517.59 Cr

Satisfied Charges

₹35.00 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 313.59 Cr
  • Others : 155.00 Cr
  • Indian Bank : 49.00 Cr

Latest Charge Details

DateLenderAmountStatus
06 Nov 2023Others₹30.00 CrOpen
01 Jun 2023Others₹75.00 CrOpen
30 Sep 2022Indian Bank₹49.00 CrOpen
23 Jul 2021Others₹50.00 CrOpen
11 Jan 2021Hdfc Bank Limited₹4.59 CrOpen

How Many Employees Work at Jain Recycling?

Jain Recycling has a workforce of 171 employees as of Nov 09, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Jain Recycling, 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 Jain Recycling'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 Jain Recycling

Recent activity within the organization

  • Charges

    A charge registered on 19 Dec 2022 via Charge ID 100657256 with Others was fully satisfied on 19 Sep 2024.

    19 Sep 2024

  • Charges

    A charge with Others of Rs. 75.00 Cr registered on 01 Jun 2023 with Charge ID 100728493 was modified on 09 Sep 2024.

    09 Sep 2024

  • Annual General Meeting

    Jain Recycling Private Limited last Annual general meeting of members was held on 09 Sep 2024 as per latest MCA records.

    09 Sep 2024

  • Balance Sheet

    Jain Recycling Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 30.00 Cr with Charge ID 100817092 was registered on 06 Nov 2023.

    06 Nov 2023

  • Charges

    A charge with Others amounted to Rs. 75.00 Cr with Charge ID 100728493 was registered on 01 Jun 2023.

    01 Jun 2023

Frequently asked questions

  • Jain Recycling Private Limited was incorporated on 10 Jan 2020.

  • The authorized share capital of Jain Recycling Private Limited is ₹ 6.50 Cr and paid-up capital is ₹ 5.94 Cr.

  • Currently 3 directors are associated with Jain Recycling Private Limited.

    • Mayank Pareek
    • Kamalesh Shantilalji Jain
    • Hemant Shantilal Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Jain Recycling Private Limited is Old No. 7/1 New No 20 4Th Floor Waddels Road, Kilpauk India, Chennai, Tamil Nadu, 600010.

  • The corporate identification number (CIN) of Jain Recycling Private Limited is U27200TN2020PTC133771 and the company number is 133771 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Jain Recycling Private Limited is https://www.jainmetalgroup.com

  • According to the financial reports for the fiscal year 2024, the revenue trend for Jain Recycling Private Limited has risen by 15.98%.

  • As Per 2024 financial reports, 171 employees are currently employed by Jain Recycling Private Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Jain Recycling Private Limited has experienced an upsurge of 16.06%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Jain Recycling Private Limited amount to ₹ 517.59 Cr.

  • The most recent Balance Sheet for Jain Recycling Private Limited was filed with the ROC on 31 Mar 2024.

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