Gemcorp Recycling & Technologies Private Limited - Due diligence report

A 360° intelligence report on Gemcorp Recycling & Technologies Private Limited: trust score, financial health, credit view, compliance, dire…

2019-10-29 Navi Mumbai, Maharashtra Active Unlisted
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Gemcorp Recycling & Technologies Private Limited — 360° Intelligence Report

Generated from MCA filings & public records
73/100
Trust Score
Moderate

Gemcorp Recycling & Technologies Private Limited is assessed as Moderate with a Trust Score of 73/100. Gemcorp Recycling & Technologies Private Limited is an active private limited indian non-government company incorporated in 2019, operating in the Environment sector. The company has shown revenue growth across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and moderate financial risk profile.

Report generated on 27 Jul 2026 from the latest processed filings. Gemcorp Recycling & Technologies Private Limited snapshot & full profile →

Financial Health › Neutral
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreModerate
73/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
93/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
50/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
55/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
75/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
70/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
60/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

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Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 55/100 Moderate
  • Liabilities ≈ 38% EBITDA - stretched.
  • Moderate gearing (D/E 1.42).
  • Working-capital cover adequate.

Charges position: 1 open (60.00 cr) · 0 satisfied (-).

Banking relationships (from registered charges)
LenderChargesAmount
Hdfc Bank Limited1 48.0 cr
Compliance Score: 93/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • Litigation present in 1 court forum(s).
  • 12 active GST registration(s).
Legal cases on record (1)
05

Director Intelligence

Stability score: 75/100
NameDIN / PANDesignationAppointedTenureDIN status
Ashok Kumar 01234567 Director 01/04/2018 6 yrs Approved
VIKAS CHHAJER 01234567 Director 01/04/2018 6 yrs Approved
Varsha Girish Purohit 01234567 Director 01/04/2018 6 yrs Approved
Bikash Kumar Sarawgi 01234567 Director 01/04/2018 6 yrs Approved
Ashishkumar Ashwinkumar Shah 01234567 Director 01/04/2018 6 yrs Approved
Bikash Kumar Sarawgi 01234567 Director 01/04/2018 6 yrs Approved
  • 6 directors on the board.
  • No disqualified or deactivated DINs.
  • 4 director exits in 3 years - high churn.
06

Ownership & Group Intelligence

As per FY 2024 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
Gemini Corporation N. V.
Subsidiaries
1
Group entities
1
Capital events
8 allotment(s) · 1 transfer(s)

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Group entityRelationship% held
Gemini Recycling Foundation Subsidiary Company 74.00%
Gemini Corporation N. V. Holding Company 74.00%

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 70 · Distress 60
Growth signals & trust indicators
Revenue acceleration: +2.1x over 4 year(s).
Operating for 6 years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
Losses deepening year-on-year.
1 open charge(s) registered - assets are encumbered.
1 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence77/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 2 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment63/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 1 open charge(s) of 60.00 cr already registered.
  • Compliance record supports lending.
Investor view64/100
Mixed indicators
Growth quality and scalability through an investor lens.
  • 1 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
12 Nov 2025
Director appointed
Bikash Kumar Sarawgi (Additional Director)
03 Nov 2025
Director appointed
Ashishkumar Ashwinkumar Shah (Company Secretary)
30 Sep 2025
Last AGM held
Annual general meeting
24 Sep 2025
Director appointed
Bikash Kumar Sarawgi (Cfo)
25 Jul 2025
Director appointed
Varsha Girish Purohit (Additional Director)
31 Mar 2025
Latest balance sheet
Filed with ROC
29 Sep 2024
Director ceased
Ashok Kumar
05 Aug 2024
Director appointed
Ashok Kumar (Director)
01 Apr 2024
Director ceased
ANAND MALOO
29 Sep 2023
Director ceased
VIKAS CHHAJER
Director ceased
AMIT MATOLIA
21 Mar 2023
Director ceased
RAJENDRA KHINURAJ SANCHETI
20 Mar 2023
Director appointed
VIKAS CHHAJER (Director)
08 Sep 2022
Securities allotted
20000000 Equity Shares - 20.00 cr raised
Securities allotted
3252800 Equity Shares - 3.25 cr raised
10

Key Observations

Auto-generated from the data above
Revenue grew 24% over the last 4 financial year(s).
Net profit margin moved from 0.86 to 61%.
Debt-to-equity stands at 38% - manageable leverage.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
6 active director(s) / partner(s); board looks stable and experienced.
12 active GST registration(s) indicate ongoing business operations.
Operates a group structure with 1 subsidiary(ies) - assess on a consolidated basis.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2024 annual return.
Capital has been raised through 8 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Let’S Recycle U90001GJ2006PTC049227 Ahmedabad, Gujarat, India
Ourland Engineering Works Private Limited U36000TN2014PTC096010 Chennai, Tamil Nadu, India
Medicareenviro U24117TG1997PTC026555 Hyderabad, Telangana, India
Green Gene Enviro Protection And Infrastructure Limited U73100MH2005PLC262100 Mumbai, Maharashtra, India
Maharashtra Enviro Power Limited U40105MH2005PLC150780 Nagpur, Maharashtra, India
Antonylara U90000MH2009PTC194255 Thane, Maharashtra, India
Lexcru U29253GJ2015PTC082239 Ahmedabad, Gujarat, India
Tes-Amm U74140TN2006PTC061303 Sriperumbudur Taluk, Tamil Nadu, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Gemcorp Recycling & Technologies Private Limited before audits and certifications: compliance score 93/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Gemcorp Recycling & Technologies Private Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 55/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score 70/100, margin trends, ownership structure and peer set for Gemcorp Recycling & Technologies Private Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 73/100, distress signals and MSME payment-delay disclosures - know whether Gemcorp Recycling & Technologies Private Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (1 case(s) on record), regulatory flags, charge documents trail and director networks for Gemcorp Recycling & Technologies Private Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Gemcorp Recycling & Technologies Private Limited an active company?

Gemcorp Recycling & Technologies Private Limited has MCA status “Active” with a compliance score of 93/100 (Low Risk).

Is Gemcorp Recycling & Technologies Private Limited financially healthy?

Gemcorp Recycling & Technologies Private Limited has a Financial Health Score of 50/100 (Moderate) based on its filed financial statements.

Should I do business with Gemcorp Recycling & Technologies Private Limited?

Its overall Trust Score is 73/100 (Moderate). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Gemcorp Recycling & Technologies Private Limited?

The ultimate holding entity is Gemini Corporation N. V.. 6 active director(s) are on record.

Does Gemcorp Recycling & Technologies Private Limited have loans or charges against its assets?

1 open charge(s) are registered against its assets.

Is Gemcorp Recycling & Technologies Private Limited up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 93/100 (Low Risk).

Is it risky to lend to Gemcorp Recycling & Technologies Private Limited?

Its Credit Risk Score is 55/100 (Moderate). Banker verdict: Mixed indicators - deeper appraisal suggested.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.