Relcube India Private Limited - Due diligence report

A 360° intelligence report on Recycle Device: trust score, financial health, credit view, compliance, directors, growth and distress signals…

2017-07-11 Noida, Uttar Pradesh Active Unlisted Active Compliant
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RI Relcube India Private Limited
Full Due-Diligence Report + Documents
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  • Director details, charges & MCA documents
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Recycle Device — 360° Intelligence Report

Generated from MCA filings & public records
58/100
Trust Score
Moderate

Recycle Device is assessed as Moderate with a Trust Score of 58/100. Recycle Device is an active private limited indian non-government company incorporated in 2017, operating in the Consumer Electronics & Durables 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 high financial risk profile.

Report generated on 17 Jul 2026 from the latest processed filings. Relcube India Private Limited snapshot & full profile →

Financial Health › Caution
Overall Assessment CautionWeakNeutralGoodStrong Good
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
58/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
88/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
5/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
45/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
90/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
80/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
30/100
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.

Get full access

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: 45/100 Caution Indicated
  • Negative operating earnings - debt service depends on external support.
  • No open charges - unencumbered balance sheet.

Charges position: 0 open (-) · 1 satisfied (6.00 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Yes Bank Limited1 48.0 cr
Compliance Score: 88/100 Low Risk
  • Company status is Active as per MCA.
  • Balance sheet slightly behind (Mar 2024).
  • 10 active GST registration(s).
05

Director Intelligence

Stability score: 90/100
NameDIN / PANDesignationAppointedTenureDIN status
RAMAN SHARMA 01234567 Director 01/04/2018 6 yrs Approved
ASHOK SHARMA 01234567 Director 01/04/2018 6 yrs Approved
SIDDHARTH NARAIN 01234567 Director 01/04/2018 6 yrs Approved
  • 3 directors on the board.
  • No disqualified or deactivated DINs.
  • 1 director exit(s) in the last 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2022)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2022 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
-
Subsidiaries
-
Group entities
-
Capital events
3 allotment(s) · 0 transfer(s)

Promoters hold the largest single block of equity - exact percentages are part of the full report.

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 80 · Distress 30
Growth signals & trust indicators
Revenue acceleration: +38% over 4 year(s).
Asset base grew 1.42 - capacity expansion.
EPFO headcount growing - hiring signal.
Operating for 9 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.
Outside liabilities up 2.1x in a year.
Negative net worth.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence62/100
Review suggested
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 4 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment44/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance record supports lending.
Investor view48/100
Mixed indicators
Growth quality and scalability through an investor lens.
  • 3 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
20 Mar 2025
Charge satisfied
Yes Bank Limited
30 Sep 2024
Last AGM held
Annual general meeting
10 Sep 2024
Director ceased
PUNEET JAIN
31 Mar 2024
Latest balance sheet
Filed with ROC
05 Feb 2024
Charge created
Yes Bank Limited - 6.00 cr
29 Sep 2022
Director ceased
SANDEEP BARDIA
Director ceased
RAMAN SHARMA
Director ceased
ASHOK SHARMA
21 Sep 2022
Director ceased
SADHNA SHARMA
15 Dec 2021
Director appointed
RAMAN SHARMA (Director)
Director appointed
ASHOK SHARMA (Director)
12 Oct 2020
Securities allotted
400000 Equity Shares - 40.00 Lakh raised
31 Oct 2019
Director ceased
AABHAS VIJAY
31 Dec 2018
Securities allotted
200000 Equity Shares - 20.00 Lakh raised
26 Apr 2018
Securities allotted
120000 Equity Shares - 12.00 Lakh 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%.
Compliance record is strong - status, filings and flags are clean.
3 active director(s) / partner(s); board looks stable and experienced.
10 active GST registration(s) indicate ongoing business operations.
All 1 registered charge(s) stand satisfied - past borrowings repaid.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold the largest single block of equity as per the FY 2022 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 3 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Micro-Epsilon India Private Limited U74999PN2014FTC152847 Pune, Maharashtra, India
Agrolt Solutions Private Limited U51100GJ2020PTC112493 Lodhika, Gujarat, India
Meenakshi Speech And Hearing Clinics U74120DL2008PTC175713 Delhi, Delhi, India
B S Rice Mill Private Limited U15312WB1991PTC051888 Murshidabad, West Bengal, India
Globe Elec Infra Private Limited U32109MH1994PTC083824 Mumbai, Maharashtra, India
Ess Ehh Processors Private Limited U17299PB2020PTC050893 Amritsar, Punjab, India
Anshu Retail Private Limited U74999KA2016PTC095300 Bangalore, Karnataka, India
Virudhunagar Software Analysis Private Limited U74110TN2005PTC057391 Virudhunagar 626 001, Tamil Nadu, India
12

Who Uses This Report

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

Verify Recycle Device before audits and certifications: compliance score 88/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Recycle Device: 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: Enhanced diligence advised. Credit risk score 45/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score 80/100, margin trends, ownership structure and peer set for Recycle Device - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Review suggested. Trust score 58/100, distress signals and MSME payment-delay disclosures - know whether Recycle Device pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Recycle Device - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Recycle Device an active company?

Recycle Device has MCA status “Active” with a compliance score of 88/100 (Low Risk).

Is Recycle Device financially healthy?

Recycle Device has a Financial Health Score of 5/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Recycle Device?

Its overall Trust Score is 58/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Recycle Device?

Promoters hold the largest single block of equity - exact percentages are in the full report. 3 active director(s) are on record.

Does Recycle Device have loans or charges against its assets?

No open charges - all 1 registered charge(s) stand satisfied, indicating past borrowings were repaid.

Is Recycle Device up to date with its ROC filings?

Balance sheet slightly behind (Mar 2024). Overall compliance score: 88/100 (Low Risk).

Is it risky to lend to Recycle Device?

Its Credit Risk Score is 45/100 (Caution Indicated). Banker verdict: Enhanced diligence advised.

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.