Metrec Recycling Private Limited

Recycles non-ferrous metals through manufacturing and trading.

2006 | Kheda, Gujarat (India) | Active
Last Updated:

Metrec Recycling Profile

Key Indicators

  • Authorised Capital ₹ 1.20 Cr
  • Paid Up Capital ₹ 4.38 M
  • Company Age 19 Year, 1 Month
  • 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 19 years and one month. 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.

Vikaskumar Kaliya and Rishil Kalya serve as directors at the Company.

Company Details

  • Location

    Kheda, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51100GJ2006PTC048121

  • Company No.

    048121

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Apr 2006

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Metals and Minerals
Company report

Metrec Recycling Private Limited

Explore comprehensive data for Metrec Recycling Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (2)

NameDesignationAppointment DateStatus
Vikaskumar Kaliya Country flag representing In Director 24-May-2017Current
Rishil Kalya Country flag representing In Director 15-Oct-2021Current

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%.

Metrec Recycling revenue growth over time
Metrec Recycling 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
-21.74%
Revenue from Operations
-21.77%
Total Assets
-15.74%
Profit or Loss
-26.35%
Net Worth
5.80%
EBITDA
-15.60%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹71.14 Cr

Satisfied Charges

₹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

DateLenderAmountStatus
18 Sep 2023Standard Chartered Bank₹7.25 CrOpen
24 Feb 2021Axis Bank Limited₹5.00 CrOpen
04 Dec 2020Standard Chartered Bank₹5.05 CrOpen
07 Aug 2018Tata Capital Financial Services Limited₹8.00 MOpen
26 Oct 2017Standard Chartered Bank₹21.05 CrOpen

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.

Employee growth trends for Metrec Recycling Private Limited

Deals i

Graph showing company valuation over time

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

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 Metrec Recycling

Recent activity within the organization

  • Annual General Meeting

    Metrec Recycling Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

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

  • Charges

    A charge with Standard Chartered Bank of Rs. 21.05 Cr registered on 26 Oct 2017 with Charge ID 100151382 was modified on 02 Feb 2024.

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 7.25 Cr with Charge ID 100793619 was registered on 18 Sep 2023.

  • Charges

    A charge with Axis Bank Limited of Rs. 5.00 Cr registered on 24 Feb 2021 with Charge ID 100439029 was modified on 13 Jul 2022.

  • Charges

    A charge with Standard Chartered Bank of Rs. 5.05 Cr registered on 04 Dec 2020 with Charge ID 100393681 was modified on 15 Mar 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Metrec Recycling Private Limited?

    Metrec Recycling Private Limited was incorporated on 12 Apr 2006.

  • What is authorized share capital and paid-up capital of Metrec Recycling Private Limited?

    The authorized share capital of Metrec Recycling Private Limited is ₹ 1.20 Cr and paid-up capital is ₹ 4.38 M.

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

    Currently 2 directors are associated with Metrec Recycling Private Limited.

    • Vikaskumar Kailashchandra Kaliya
    • Rishil Jagdishprasad Kalya

  • What is the registered address of Metrec Recycling Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Metrec Recycling Private Limited is Survey No 434 Mirzapur Village Ahmedabad To Indore Highway Kheda India, Kathlal, Gujarat, 387630.

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

    The corporate identification number (CIN) of Metrec Recycling Private Limited is U51100GJ2006PTC048121 and the company number is 048121 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Metrec Recycling Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Metrec Recycling Private Limited has fallen by -21.74%.

  • How many employees does Metrec Recycling Private Limited currently have?

    As Per 2023 financial reports, 29 employees are currently employed by Metrec Recycling Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Metrec Recycling Private Limited has experienced an upsurge of 5.80%.

  • What are the total open charges for Metrec Recycling Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Metrec Recycling Private Limited amount to ₹ 71.14 Cr.

  • When was the last Balance Sheet of Metrec Recycling Private Limited filed with the ROC?

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

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