When was Rubamin founded?

Rubamin was founded in 1981 and raised its 1st funding round 26 years after it was founded.

Where is Rubamin located?

Rubamin is headquartered in Vadodara, India. It is registered at ARK 04TH FLOOR SUBPLOT NO1 OF PLOT NO A/27,28 & B/ 29-32 PART SHRI KRISHNA IND ESTATE OPP B, IDC GORWA, Vadodara, VADODARA, Gujarat, India, 390016.

Which legal entities is Rubamin associated with?

Rubamin is associated with RUBAMIN PRIVATE LIMITED and 2 others.

How many employees does Rubamin have?

As of Aug 31, 2026, the latest employee count at Rubamin is 1024.

Is Rubamin a funded company?

Rubamin is a funded company, having raised a total of $***** in its 1st and only funding round, a PE round on Mar 31, 2007.

How much is Rubamin worth?

The last known valuation of Rubamin was ₹***** as of Nov 26, 2008.

When was the latest funding round of Rubamin?

Rubamin's latest funding was a $***** PE round on Mar 31, 2007, with participation from 7 investors.

What is the annual revenue of Rubamin?

Annual revenue of Rubamin is more than ₹1,000 Cr as on Mar 31, 2025

Where does Rubamin rank among its competitors?

Rubamin ranks 9th amongst 1722 active competitors, of which 73 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Fairmat, which secured $11.5M in Nov, 2025.

Who are the top competitors of Rubamin?

Rubamin's top competitors include Covanta, Re Sustainability and Heraeus. Among them, Fairmat secured the most recent funding round in November, 2025.

Rubamin - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Provider of metal recycling solutions for industrial waste. The company offers recycling of catalysts, zinc waste, and batteries. It reclaims value from materials others consider hazardous. The company’s processes meet the demand for sustainably sourced materials.

Website: rubamin.com
Social
Email ID: *****@rubamin.com
Phone Number: +91 **********
Registered Address: ARK 04TH FLOOR SUBPLOT NO1 OF PLOT NO A/27,28 & B/ 29-32 PART SHRI KRISHNA IND ESTATE OPP B, IDC GORWA, Vadodara, VADODARA, Gujarat, India, 390016

Key Metrics

Founded Year

1981

Location

Vadodara, India

Stage

Acquired

Total Funding

$17.6M in 1 round

Latest Funding Round

PE, Mar 31, 2007, $*****

Last Known Valuation

₹***** as on Nov 26, 2008

Investors

ICICI Venture & 33 more

Ranked

9^th among 1722 active competitors

Annual Revenue

₹1,000+ Cr as on Mar 31, 2025

Employee Count

1,024 as on Aug 31, 2026

Investment & Acquisitions

Distil

Similar Companies

Heraeus & 267 more

Exit Details

Acquired by Lupin (Sep 26, 2007)

View Rubamin's full profile

Rubamin is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
Futuredge Estates Llp CIN: AAL-5698 , India, Active	Jan 01, 2018	0 - ₹10 Cr (As on Mar 31, 2025)	1 (As on Apr 30, 2026)
Rubamin Kepler Private Limited CIN: U24201GJ2019PTC111141 , India, Active	Dec 03, 2019	0 - ₹10 Cr (As on Mar 31, 2025)	904 (As on Aug 31, 2025)
RUBAMIN PRIVATE LIMITED CIN: U24299GJ1987PTC009942 , India, Active	Sep 01, 1987	₹1,000+ Cr (As on Mar 31, 2025)	924 (As on May 01, 2026)

Rubamin got acquired by Lupin on Sep 26, 2007.

Click here to take a look at Rubamin's acquisition in detail

Rubamin has raised a total funding of $17.6M over 1 round. Its latest funding round was a PE round on Mar 31, 2007 for $*****. 7 investors participated in its latest round. Rubamin has 4 institutional investors and 30 angel investors.

Here is the list of recent funding rounds of Rubamin:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 31, 2007	3412821	PE	5743733	3754318	5268368	6254312

Access funding benchmarks and valuations. Sign up today!

View details of Rubamin's funding rounds and investors

The founders of Rubamin is Anil Patel.

Here are the details of Rubamin's key team members:

Anil Patel: Co-Founder & Managing Director of Rubamin and founder of 1 other company.

Rubamin's Board of Directors

Rubamin's board has 8 active members. Kizhakkethil Ramachandran Suresh, Bhuwan Purohit, Atul Nandkishore Dalmia and Anil Ramanbhai Patel are part of team and Ranjit Singh, Milin Kaimas Mehta, Soumitra Purkayastha and Priyanka Phirojsha Irani are independent board members.

Here is the list of Rubamin's board of directors:

Name	Type	Representing	Status	Duration
Bhuwan Purohit	Team	-	Current	8y 11m
Atul Nandkishore Dalmia	Team	-	Current	15y 2m
Anil Ramanbhai Patel	Team	-	Current	15y 2m
cisltsl	Team	-	Current	9y 9m
Ranjit Singh	Independent board member	-	Current	3y 9m
nsapkjw	Independent board member	-	Current	7y 1m
fpmocyw	Independent board member	-	Current	6y 4m
ujv{ysz	Independent board member	-	Past	1y 4m

View details of Rubamin's Founder profiles and Board Members

Rubamin's employee count trend

Rubamin has 1,024 employees as of Aug 26. Here is Rubamin's employee count trend over the years:

Uncover Rubamin's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Rubamin include Covanta, Re Sustainability and Heraeus. Here is the list of Top 10 competitors of Rubamin, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Covanta 1983, Morristown (United States), Acquired	Provider of waste recycling services	-	-	68/100
2nd	Re Sustainability 1994, Hyderabad (India), Acquired	Provider of bio medical waste treatment services	$147M	Vistra ITCL, IIML & 10 others	65/100
3rd	Heraeus 1851, Hanau (Germany), Acquired	Manufacturer of materials and technologies for various industrial applications	-	Hull Street Capital, Europa	61/100
4th	Vertex Energy 2001, Houston (United States), Public	Provider of waste recycling services in oil industry	$4.49M	Centrecourt Asset Management, Cagan McAfee Capital Partners ... & 1 others	61/100
5th	Gravita India 1992, Jaipur (India), Public	Recycler and manufacturer of lead, aluminium, and plastic products	-	Goldman Sachs, Nomura & 4 others	59/100
6th	TerraCycle 2001, Trenton (United States), Series A	Provider of waste recycling services	$27.4M	Quadia, Nestle & 14 others	58/100
7th	Fairmat 2020, Paris (France), Series B	Provider of fiber recycling services	$85.2M	CNP, Temasek & 10 others	57/100
8th	Perma-Fix 1991, Atlanta (United States), Public	Provider of waste treatment services	-	Quabbin Capital, Europa	56/100
9th	Rubamin 1981, Vadodara (India), Acquired	Provider of metal recycling solutions for industrial waste	$17.6M	ICICI Venture, Zincolliedindia & 32 others	55/100
10th	SKAKO 1963, Faaborg (Denmark), Public	Supplier of construction equipment & supplies	-	Lind Invest, FCDE	53/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on Rubamin's competitors? Click here to see the top ones

Founders (largest shareholder) own 48.19%, Funds own 15.40%, Angels own 0.03% and Other People own 32.92%. The net worth of Rubamin's founders is INR 55Cr as of Nov 26, 2008. The cap table displayed below is for RUBAMIN PRIVATE LIMITED which is the legal entity associated with Rubamin.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	48.19%	55Cr	1456922	1026303	6696461	3041922
Anil Patel	5729187	1298287	7168968	1675497	3361498	9731850
Fund	15.40%	17.6Cr	5875728	6122699	1095544	1814900
ICICI Venture	8918606	1894981	6114013	5981240	3015860	2313583
Angel	0.03%	1.21Cr	0	0	0	0
Ajay Aggarwal	0	0	0	0	0	0
Other People	32.92%	37.6Cr	9642898	7344538	1948841	1383484
Other Investors	3.46%	3.95Cr	704	197	672	774
Total	100.00%	115Cr	2592538	7356361	6072014	6987019