Eco Recycling Limited (Ecoreco

Eco Recycling Limited (Ecoreco) is a for-profit company that aims to preserve the urban environment by providing sustainable solutions to manage end of life electrical and electronic waste in India. Employing innovative technologies and methodologies, Ecoreco's business model is built upon a full spectrum of activities under e-waste management ranging from collection, to recovery and remarketing. Ecoreco also provides auxiliary services such as secured data destruction and disposal of hazardous substances for its clients.

Particulars
Mar-11 Dec-10 Sep-10
No of Shares
(Mn)

% Holdings
No of Shares
(Mn)

% Holdings
No of Shares
(Mn)

% Holdings
Promoter & Group
Foreign
Foreign (Promoter & Group) - Bodies Corporate 0.00 0.00 0.00 0
Foreign (Promoter & Group)-Individuals (Non-Resident / Foreign) 0.00 0.00 0.00 0
Foreign Promoter(Institutional) 0.00 0.00 0.00 0
Promoter Others 0.00 0.00 0.00 0
Sub Total 0.00 0.00 0.00 0.00 0.00 0.00
Indian
Bodies Corporate-Indian (Promoter & Group) 9.14 57.33 0.46 3
Government(Central / State)-Indian (Promoter & Group) 0.00 0.00 0.00 0
Directors & their Relatives-Indian (Promoter & Group) 0.00 0.00 0.00 0
Financial Institutions / Banks-Indian (Promoter & Group) 0.00 0.00 0.00 0
Individuals / Hindu Undivided Family-Indian (Promoter & Group) 2.47 15.51 0.50 15
Partnership Firms-Indian (Promoter & Group) 0.00 0.00 0.00 0
Persons Acting in Concert 0.00 0.00 0.00 0
Trusts 0.00 0.00 0.00 0
Others 0.00 0.00 0.00 0
Sub Total 11.61 72.83 1.46 31.70 1.46 31.70
Total ShareHolding 11.61 72.83 1.46 31.70 1.46 31.70

Particulars Mar-11
(Rs.Cr)
Mar-10
(Rs.Cr)
Mar-09
(Rs.Cr)
Gross Sales 16 6 17
Other Income 0 0 0
Total Income 16 6 17
Total Expenditure 15 6 17
PBIDT 1 0 0
Interest 0 0 0
PBDT 1 0 0
Depreciation 0 0 0
Tax 0 0 0
Deferred Tax 0 0 0
Reported Profit After Tax 1 0 0
Extra-ordinary Items 0 0 0
Adjusted Profit After Extra-ordinary item 1 0 0

Eco Recycling Ltd has informed BSE that the Board of Directors by way of passing a circular resolution on April 15, 2011 considered and approved the allotment of 8,00,000 (Eight Lakh) convertible Equity Warrants to the Bennett Coleman & Company Limited (investor) at a price of Rs. 43/- (Rupees Forty Three only) per warrant and 25% of the total consideration i.e. 86 lacs be received by the Companiy

Infotrek Syscom Ltd has informed BSE that the Company has successfully completed the amalgamation of Eco Recycling Ltd.

http://business.outlookindia.com/article.aspx?261421

http://www.techno-preneur.net/information-desk/sciencetech-magazine/2010/jan10/E-Waste/E_wate.html

http://www.scribd.com/doc/22975887/Ecoreco-E-waste-Recovery-By-Mr-T-R-Rao-2

Consolidated all the all available information in the web. The industry and company look very interesting. Though the financials are nothing great to talk about we need to see the potential in light of the new rules governing waste and recycling effective from May 2012. E-waste recycling operations of the company started effectively from only Sep 2010. The company with a capacity of 7200 tonnes only the major player in Mumbai when generates e-waste of around 50,000 tonnes.

Please go through the link: https://docs.google.com/open?id=0B4LI2lcDmAxzMDk5NjhkNDktNDIyOS00MzQzLWE4NmQtNTY1YWJiZDliODUw

Will monitor its quarterly results quite closely, before taking any decision.

http://www.businessworld.in/news/business/it/get-paid-for-junk/1259943/page-1.html

Interesting that you can sell oldelectronicitems by knowing their price with reverse logistic

Just try out here to know whats price of your old smartphone/tablet :slight_smile:

karmarecycling.in

Eco recycling- Huge opportunity, with increased redundancy and change of gadgets,

Currently creating the branding and base work.

has approx 7400 mts as per Central Pollution control board.

Has end to end processes for E recycling.

attero which has similar operations has funding from likes of Kaalari capital, and has raised ard 190 crs of funding had revenues of rs 145 crs

http://netindian.in/news/2016/01/21/00036558/ecoreco-bmc-join-hands-set-e-waste-collection-centres-mumbai

http://www.equitybulls.com/admin/news2006/news_det.asp?id=181881

Anyone following this company? I have not seen any recent message on this thread…