Wastefuels Limited

Company trades in RDF and firewood, subsidiary of Abellon Solar Energy Limited.

2008 | Ahmedabad, Gujarat (India) | Active
Last Updated: December 14, 2024

Wastefuels Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 16 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 9.36 Cr
  • Revenue Growth %
  • Profit Growth -348.19%
  • Ebitda 88.44%
  • Net Worth -77.23%
  • Total Assets 9.02%

About Wastefuels

Wastefuels Limited (WL) is a Public Limited Indian Non-Government Company incorporated in India on 19 November 2008 and has a history of 16 years and two months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Abellon Agni One Limited. 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 0.50 M and a paid-up capital of Rs 0.50 M.

The company has closed loans amounting to ₹9.36 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Kaushal Suthar, Nikitkumar Shah, and Mukesh Solanki serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U90000GJ2008PLC055480

  • Company No.

    055480

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Nov 2008

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Environment

Who are the key members and board of directors at Wastefuels?

Board Members (3)

Name Designation Appointment Date Status
Kaushal Suthar Country flag representing In Director 23-Jun-2022 Current
Nikitkumar Shah Country flag representing In Director 21-Jun-2021 Current
Mukesh Solanki Country flag representing In Director 03-Mar-2023 Current

Financial Performance of Wastefuels.

Wastefuels Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 348.19% decrease in profit. The company's net worth observed a substantial decline by a decrease of 77.23%.

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
Revenue from Operations
Total Assets
9.02%
Profit or Loss
-348.19%
Net Worth
-77.23%
EBITDA
88.44%

What is the Ownership and Shareholding Structure of Wastefuels?

In 2022, Wastefuels had a promoter holding of 99.90% and a public holding of 0.10%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹93.59 M

Charges Breakdown by Lending Institutions

  • Others : 9.36 Cr

Latest Charge Details

Date Lender Amount Status
17 Jul 2018 Others ₹2.30 Cr Satisfied
22 Jun 2018 Others ₹5.71 M Satisfied
15 Jun 2018 Others ₹1.18 Cr Satisfied
15 Apr 2018 Others ₹5.66 M Satisfied
31 Aug 2017 Others ₹3.35 M Satisfied

How Many Employees Work at Wastefuels?

Unlock and access historical data on people associated with Wastefuels, 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 Wastefuels, 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 Wastefuels'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 Wastefuels

Recent activity within the organization

  • Annual General Meeting

    Wastefuels Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Director Appointment

    Mukesh Solanki was appointed as a Director was appointed as a Director on 03 Mar 2023 & has been associated with this company since 1 year 11 months .

    03 Mar 2023

  • Charges

    A charge registered on 15 Apr 2018 via Charge ID 100178684 with Others was fully satisfied on 23 Feb 2023.

    23 Feb 2023

  • Charges

    A charge registered on 31 Aug 2017 via Charge ID 100126335 with Others was fully satisfied on 23 Feb 2023.

    23 Feb 2023

  • Charges

    A charge registered on 31 Aug 2017 via Charge ID 100126343 with Others was fully satisfied on 23 Feb 2023.

    23 Feb 2023

Frequently asked questions

  • Wastefuels Limited was incorporated on 19 Nov 2008.

  • The authorized share capital of Wastefuels Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 3 directors are associated with Wastefuels Limited.

    • Kaushal Bipinchandra Suthar
    • Nikitkumar Dineshkumar Shah
    • Mukesh Solanki
  • As per Ministry of Corporate Affairs (Mca), the registered address of Wastefuels Limited is 10Th Floor Sangeeta Complex Near Parimal Crossing Ellisbridge, India, Ahmedabad, Gujarat, 380006.

  • The corporate identification number (CIN) of Wastefuels Limited is U90000GJ2008PLC055480 and the company number is 055480 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Wastefuels Limited is https://www.abelloncleanenergy.com

  • The financial reports for the fiscal year 2022 indicates that The net worth of Wastefuels Limited has experienced an downturn of -77.23%.

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

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