- Category
- Medium (2024-25)
- Udyam number
- UDYAM-WB-10-0002901

Verde Ecotex Recycling Private Limited
About Verde Ecotex Recycling Private Limited
Data last updated:
Verde Ecotex Recycling Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 04 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U17299WB2019PTC229615. Its GSTIN is 19AAGCV7441R1ZE (West Bengal). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹10 Cr. It is led by directors Nikhil Goyal and Sachin Bajoria.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at C/O Venkateshwara Buildcon Pvt Ltd 1/2 Old Court House Corner Tobaco House, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2025, the company reported a revenue of ₹109.15 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹2.62 Cr (net margin 2.4%) and EBITDA of ₹6.83 Cr (EBITDA margin 6.3%). Revenue has grown at a compounded annual rate (CAGR) of 311% over three years and 450% over five years.
The company has about 36 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹23.16 Cr on record.
Verde Ecotex Recycling Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0002901).
Company details
Recognitions & Rankings of Verde Ecotex Recycling
Contact details
Verde Ecotex Recycling Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC/O Venkateshwara Buildcon Pvt Ltd 1/2 Old Court House Corner Tobaco House, Kolkata, West Bengal, India – 700001
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Verde Ecotex Recycling Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Verde Ecotex Recycling is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Verde Ecotex Recycling Private Limited, buy the company report.
Financials of Verde Ecotex Recycling Private Limited
FY 2024 filings availableVerde Ecotex Recycling Private Limited reported revenue of ₹109.15 Cr (up 33% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 450% over five years, including 33% growth in the latest year. EBITDA rose 35% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹6.83 Cr | ||||
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| Net Profit (PAT) | ₹2.62 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 6.3% | ||||
| Net Profit Margin | 2.4% | ||||
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To see the full financial statements and ratios of Verde Ecotex Recycling Private Limited, buy the company report.
Board of directors of Verde Ecotex Recycling Private Limited
Verde Ecotex Recycling has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikhil Goyal Also directs: Sol Industries Private Limited, Dertiger Venture Private Limited | Director | 01 Apr 2022 | 4 Years 6 Months | Current |
| Sachin Bajoria Also directs: Sri Sitala Mineral Grinders Pvt Ltd, Nutririce Polyols Private Limited, Surajgarh Industries Private Limited and 5 more | Director | 04 Jan 2019 | 7 Years 9 Months | Current |
Auditor
Verde Ecotex Recycling Private Limited is audited by ARVS & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARVS & Associates | FY 2023 | 328008E |
Shareholding
The shareholding of Verde Ecotex Recycling Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Verde Ecotex Recycling Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Feb 2021 | 100421534 | State Bank of India | ₹23.16 Cr | Open |
To see the full charge records of Verde Ecotex Recycling Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Verde Ecotex Recycling Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Verde Ecotex Recycling Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Verde Ecotex Recycling has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Verde Ecotex Recycling Private Limited has a workforce of 36 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Verde Ecotex Recycling has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAGCV7441R1ZE | West Bengal | Active | 28 Jan 2019 |
| 20AAGCV7441R1ZV | Jharkhand | Active | 05 Jul 2019 |
To see the full GST registrations and return filing status of Verde Ecotex Recycling Private Limited, buy the company report.
Recent activity
Verde Ecotex Recycling Private Limited has 5 board changes on record since 2019: 2 appointments and 3 cessations. The latest: Sumit Kumar Ladia ceased to be Company Secretary on 30 Oct 2023.
Frequently asked questions
Verde Ecotex Recycling is an active private limited company based in Kolkata, West Bengal, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 04 January 2019 (7+ years old) and is registered under CIN U17299WB2019PTC229615.
Verde Ecotex Recycling has 2 current directors:
- Nikhil Goyal - Director
- Sachin Bajoria - Director
The latest financial statements of Verde Ecotex Recycling on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Verde Ecotex Recycling is 19AAGCV7441R1ZE, registered in West Bengal. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 20AAGCV7441R1ZV (Jharkhand).
The CIN (Corporate Identification Number) of Verde Ecotex Recycling is U17299WB2019PTC229615. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Verde Ecotex Recycling was incorporated on 04 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Kolkata.
Sumit Kumar Ladia ceased to be Company Secretary on 30 Oct 2023. Neha Bajoria ceased to be Director on 01 Jun 2022. Nikhil Goyal was appointed as Director on 01 Apr 2022. Verde Ecotex Recycling has 5 board changes on record in total.
Yes, Verde Ecotex Recycling is registered as a medium enterprise under Udyam registration (number: UDYAM-WB-10-0002901).
The registered office of Verde Ecotex Recycling is at CO Venkateshwara Buildcon Pvt Ltd 12 Old Court House Corner Tobaco House, Kolkata, West Bengal, India – 700001.
Verde Ecotex Recycling operates in the manufacturing industry, in the textile and fabric production segment.