Company Intelligence Profile
Buoyancy Plastics For Change Recycling Private Limited
Trades as "Plastics For Change" — a Fair Trade / WFTO-certified, B Corp and Ocean-Bound-Plastic-certified recycled plastic supply chain company.
CIN: U74999KA2018PTC119726ActiveRoC Bangalore / KarnatakaConfidence: medium-high — CIN
Last updated 11 August 2026
AI OverviewGenerated from public records
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
Confirmed| Registered name | Buoyancy Plastics For Change Recycling Private Limited |
|---|---|
| CIN | U74999KA2018PTC119726 |
| PAN | Not available in the public sources reviewed. |
| Status | Active |
| Listing | Not listed (unlisted private limited company) |
| Incorporated | 21 December 2018 |
| ROC | RoC Bangalore / Karnataka |
| Sector (NIC) | Manufacturing — NIC division C (plastic products, non-metallic mineral products, rubber products, fabricated metal products) |
| Registered address | Flat No. 304A, 3rd Floor, CEARS Plaza, 136, Residency Road, Ashok Nagar, Bangalore, Karnataka, India – 560025 |
| Authorized capital | ₹11.0 Lakh |
| Paid-up capital | ₹10.21 Lakh |
Business Overview
Confirmed- Trades as "Plastics For Change" — a Fair Trade / WFTO-certified, B Corp and Ocean-Bound-Plastic-certified recycled plastic supply chain company
- Sources ethically-collected recycled plastics (rPET, rPE, rPP, fibres, yarns) from informal waste-pickers in the Global South (India-based collection network centred on Bangalore) and supplies industrial-grade recycled material to global consumer brands (The Body Shop, L'Oréal, Estée Lauder, Tesco, Unilever, IKEA, Colgate-Palmolive, Organyc and others)
- Runs community programs for waste-collector welfare (housing under "Namma Mane", e-tricycle livelihood program, education, financial inclusion) and beach-cleanup/coastal environmental initiatives; offers ESG/EPR compliance and chain-of-custody traceability documentation to brand customers
- Launched in 2015
- ~40 employees as of April 2024
Directors
Partial / conflicting| Name | DIN | Role | Appointed |
|---|---|---|---|
| Andrew Cuyler Byron Almack | - | Whole-Time Director; also Founder & CEO per company website. DIN: not obtained. | - |
| Shifrah Jacobs | - | Whole-Time Director appointed 28 Mar 2025 per TheCompanyCheck; Co-founder & Chief Impact Officer per company website. DIN: not obtained. | 28 Mar 2025 |
| Arvind Palaniappan | 03479690 | Director tenure ~6 years per Tofler, i.e. since incorporation; Chief Financial Officer per company website. DIN: 03479690 confirmed; Tofler. Cross-checked and consistent across Tofler and TheCompanyCheck. | - |
Financials
Partial / conflictingFY ending 31 March 2024/2025:
- Operating revenue range: ₹1 crore – ₹100 crore — TheCompanyCheck separately cites FY2025 revenue of ₹146.59 crore (193% YoY growth), which is a materially different figure/year and could not be cross-verified against a second source — reported as PARTIAL/CONFLICTING, not confirmed.
- EBITDA growth: +217.41% YoY; absolute EBITDA value paywalled — not obtained.
- Net profit (PAT) growth: +289.1% YoY; absolute PAT value paywalled — not obtained.
- Net worth growth: +58,700.24% YoY; absolute net worth paywalled — not obtained.
- Gross margin 4.09%, operating margin 8.49%, net profit margin 6.39%, ROCE 24.36% — single-source, not cross-verified.
- Auditor: Vishnu Daya & Co LLP — single source.
No consolidated financials found; company appears to file standalone only. Given the single-source, paywalled, and conflicting-year nature of the figures, treat all financial figures above as PARTIAL/unverified.
Charges & Borrowings
Partial / conflictingOpen charges reported:
| TheCompanyCheck | total open charges ₹12.33 crore — Charge of ₹3 crore ("Others" type, created 02 Oct 2025, Open) and Charge of ₹9.33 crore ("Others" type, created 31 Jul 2024, Open) |
|---|---|
| Tofler | cites an ICICI Bank Limited charge of ₹9.3 crore, dated/modified 19 May 2025 — this likely corresponds to the ₹9.33 crore charge above |
Net: company has at least ~₹12.3 crore in open secured borrowings/charges, with ICICI Bank identified as at least one chargeholder. Treat exact dates/amounts as partial given the source discrepancy.
Legal / Litigation
Confirmed- One case found on IndianKanoon: "M/S Buoyancy Plastics For Change Recycling Private Limited vs Yvonne De Menezes Braganca" — O.S. No. 7627/2023, Bangalore District Court (VII Additional City Civil and Sessions Judge), decided/listed 22 January 2025, Reference ID KABC010312752023
- Company appears as plaintiff in a civil suit (nature of dispute not detailed in the search snippet — would need the full judgment for particulars)
- No other litigation found
Competitors
Partial / conflictingSearious Business
similar scale, mid-size social enterprise
Lucro Plastecycle
mid-size, India-focused
Banyan Nation
comparable scale, India-focused, VC-backed
Saahas Zero Waste
comparable/adjacent, India-focused
Circulate Capital
mid-to-large regional players
Nepra Resource Management
comparable scale, India-focused.
Not independently verified beyond general market knowledge
Frequently Asked Questions
What does Buoyancy Plastics For Change Recycling Private Limited do?
Trades as "Plastics For Change" — a Fair Trade / WFTO-certified, B Corp and Ocean-Bound-Plastic-certified recycled plastic supply chain company.
What is the CIN of Buoyancy Plastics For Change Recycling Private Limited?
The Corporate Identification Number (CIN) of Buoyancy Plastics For Change Recycling Private Limited is U74999KA2018PTC119726.
Where is Buoyancy Plastics For Change Recycling Private Limited registered?
Buoyancy Plastics For Change Recycling Private Limited is registered with RoC Bangalore / Karnataka (source: Tofler, TheCompanyCheck). Registered address: Flat No. 304A, 3rd Floor, CEARS Plaza, 136, Residency Road, Ashok Nagar, Bangalore, Karnataka, India – 560025 (source: Tofler, TheCompanyCheck — consistent across both)
When was Buoyancy Plastics For Change Recycling Private Limited incorporated?
Buoyancy Plastics For Change Recycling Private Limited was incorporated on 21 December 2018 (source: Tofler, TheCompanyCheck).
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