Metrec Recycling Profile
Key Indicators
- Authorised Capital ₹ 1.20 Cr
- Paid Up Capital ₹ 4.38 M
- Company Age 18 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 71.14 Cr
- Satisfied Charges ₹ 1.25 Cr
- Revenue Growth -21.74%
- Profit Growth -26.35%
- Ebitda -15.60%
- Net Worth 5.80%
- Total Assets -15.74%
About Metrec Recycling
Metrec Recycling Private Limited (MRPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 April 2006 and has a history of 18 years and nine months. Its registered office is in Kheda, Gujarat, India.
The Corporate was formerly known as Veenita Enterprise Private Limited. The Company is engaged in the Metals And Minerals 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 1.20 Cr and a paid-up capital of Rs 4.38 M.
The company currently has active open charges totaling ₹71.14 Cr. The company has closed loans amounting to ₹1.25 Cr, as per Ministry of Corporate Affairs (MCA) records.
Company Details
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Location
Kheda, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U51100GJ2006PTC048121
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Company No.
048121
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
12 Apr 2006
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Metrec Recycling?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vikaskumar Kaliya
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Director | 24-May-2017 | Current |
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Rishil Kalya
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Director | 15-Oct-2021 | Current |
Financial Performance of Metrec Recycling.
Metrec Recycling Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 21.74% decrease. The company also saw a substantial fall in profitability, with a 26.35% decrease in profit. The company's net worth moved up by a moderate rise of 5.8%.
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What is the Ownership and Shareholding Structure of Metrec Recycling?
In 2023, Metrec Recycling had a promoter holding of 62.44% and a public holding of 37.55%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹71.14 Cr
₹1.25 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 37.00 Cr
- Standard Chartered Bank : 33.34 Cr
- Tata Capital Financial Services Limited : 0.80 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Sep 2023 | Standard Chartered Bank | ₹7.25 Cr | Open |
| 24 Feb 2021 | Axis Bank Limited | ₹5.00 Cr | Open |
| 04 Dec 2020 | Standard Chartered Bank | ₹5.05 Cr | Open |
| 07 Aug 2018 | Tata Capital Financial Services Limited | ₹8.00 M | Open |
| 26 Oct 2017 | Standard Chartered Bank | ₹21.05 Cr | Open |
How Many Employees Work at Metrec Recycling?
Metrec Recycling has a workforce of 29 employees as of Apr 08, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Metrec 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 Metrec Recycling's trajectory.
Rating
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
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.
