- Category
- Small (2023-24)
- Udyam number
- UDYAM-UP-29-0013951

About Verdeen Chemicals Private Limited
Data last updated:
Verdeen Chemicals Private Limited is a private limited company based in Hapur, Uttar Pradesh, India, a subsidiary of Ace Recycling Pte Ltd, Singapore. It operates in the waste management and recycling solutions segment of the environmental services sector. It was incorporated on 01 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U24233UP2013PTC055906. Its GSTIN is 09AAECV3855B1ZC (Uttar Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹11.3 Cr and a paid-up capital of ₹11.19 Cr. It is led by directors Siddharth Jain and Avinash Kumar Singh Solanki.
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 D – 11 Upsidc Industrial Area Massoori Gulawati Road, Hapur, Uttar Pradesh, India – 201015.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.32 Cr, a decline of 62% compared to the previous year. For the same year it recorded a net profit of ₹20.61 Lakh (net margin 1.2%) and EBITDA of ₹1.2 Cr (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 53% over three years and 91% over five years.
The company has about 34 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5 Cr and satisfied charges of ₹3.64 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it; 3 cases are pending. The company has 7 deals on record (6 funding rounds, 1 secondary share transfer), with disclosed funding of ₹9.59 Cr; the latest was in August 2018. The company has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 23 overdue payments to 5 micro and small suppliers.
Verdeen Chemicals Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-29-0013951). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website verdeenchemicals.com.
Company details
Recognitions & Rankings of Verdeen Chemicals
Contact details
Verdeen Chemicals Private Limited's registered office is in Hapur, Uttar Pradesh. Its website is verdeenchemicals.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressD – 11 Upsidc Industrial Area Massoori Gulawati Road, Hapur, Uttar Pradesh, India – 201015
- IndustryEnvironment, Waste Management & Recycling Solutions
To see the full contact details of Verdeen Chemicals 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 Verdeen Chemicals is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Verdeen Chemicals Private Limited, buy the company report.
Financials of Verdeen Chemicals Private Limited
FY 2024 filings availableVerdeen Chemicals Private Limited reported revenue of ₹17.32 Cr (down 62% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 62% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 91%. EBITDA rose 756% 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 | ₹1.2 Cr | ||||
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| Net Profit (PAT) | ₹20.61 Lakh | ||||
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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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| Profitability | |||||
| EBITDA Margin | 6.9% | ||||
| Net Profit Margin | 1.2% | ||||
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To see the full financial statements and ratios of Verdeen Chemicals Private Limited, buy the company report.
Board of directors of Verdeen Chemicals Private Limited
Verdeen Chemicals has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siddharth Jain | Director | 29 Jul 2023 | 3 Years 3 Months | Current |
| Avinash Kumar Singh Solanki | Director | 29 Jul 2023 | 3 Years 3 Months | Current |
Auditor
Verdeen Chemicals Private Limited is audited by KAPIL VERMA AND COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KAPIL VERMA AND COMPANY | FY 2023 | 0016914C |
Shareholding
The shareholding of Verdeen Chemicals Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Verdeen Chemicals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 May 2023 | 100726547 | Hdfc Bank Limited | ₹5 Cr | Open | |
| 15 Mar 2018 | 100162041 | Others | ₹3.64 Cr | Satisfied |
To see the full charge records of Verdeen Chemicals Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Verdeen Chemicals Private Limited has 7 deals on record (6 funding rounds, 1 secondary share transfer), with disclosed funding of ₹9.59 Cr; the latest was in August 2018.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2018 | Funding round | ₹1 Cr | Investors: an individual |
| May 2016 | Funding round | ₹2.1 Cr | Investors: Verdeen Chemicals Inc |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Verdeen Chemicals Inc Seller: 3 individuals |
| Dec 2015 | Funding round | ₹63.4 Lakh | Investors: Verdeen Chemicals Inc |
| Oct 2015 | Funding round | ₹1.13 Cr | Investors: Verdeen Chemicals Inc |
To see the full deal history of Verdeen Chemicals Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Verdeen Chemicals Private Limited has 5 court cases on record: 2 filed by Verdeen Chemicals, 3 filed against it. 3 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 3 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Revision petition | Filed against the company by an individual | Pending |
| District court, South, Delhi | Cheque dishonour complaint | Filed by the company against Yashika Enterprises and 2 others | Pending |
| District court, South, Delhi | Criminal case | Filed by the company against Yashika Enterprises and 2 others | Pending |
| District court, South, Delhi | Revision petition | Filed against the company by an individual | Disposed |
| High Court of Delhi | Court case (CRL.M.C.) | Filed against the company by an individual | Disposed |
To see the full case history of Verdeen Chemicals Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Verdeen Chemicals Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 23 overdue payments to 5 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Systematic Financial Services | |||
| Aeon Power Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Verdeen Chemicals Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Verdeen Chemicals Private Limited has a workforce of 34 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Verdeen Chemicals has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAECV3855B1ZC | Uttar Pradesh | Active | 01 Jul 2017 |
| 24AAECV3855B1ZK | Gujarat | Active | 31 Jul 2024 |
To see the full GST registrations and return filing status of Verdeen Chemicals Private Limited, buy the company report.
Recent activity
Verdeen Chemicals Private Limited has 12 board changes on record since 2016: 2 appointments and 10 cessations. The latest: Anirudh Narayan Mathur ceased to be Additional Director on 29 Jul 2023.
6 earlier events are in the company report.
Frequently asked questions
Verdeen Chemicals is an active private limited company based in Hapur, Uttar Pradesh, India. The company works in waste management and recycling solutions, within the environment industry. It was incorporated on 01 April 2013 (13+ years old) and is registered under CIN U24233UP2013PTC055906.
Verdeen Chemicals has 2 current directors:
- Siddharth Jain - Director
- Avinash Kumar Singh Solanki - Director
The latest financial statements of Verdeen Chemicals 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 2015 are in the company report.
The GSTIN of Verdeen Chemicals is 09AAECV3855B1ZC, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAECV3855B1ZK (Gujarat).
The CIN (Corporate Identification Number) of Verdeen Chemicals is U24233UP2013PTC055906. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Verdeen Chemicals has 5 court cases on record: 2 filed by the company and 3 filed against it. 3 are pending. Most are in the district courts.
Verdeen Chemicals was incorporated on 01 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Kanpur.
Verdeen Chemicals has 7 deals on record (6 funding rounds, 1 secondary share transfer), with disclosed funding of ₹9.59 Cr; the latest was in August 2018.
Anirudh Narayan Mathur ceased to be Additional Director on 29 Jul 2023. Avinash Kumar Singh Solanki was appointed as Director on 29 Jul 2023. Dhurvender Kumar ceased to be Additional Director on 29 Jul 2023. Verdeen Chemicals has 12 board changes on record in total.
Yes, Verdeen Chemicals is registered as a small enterprise under Udyam registration (number: UDYAM-UP-29-0013951).
Verdeen Chemicals has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 23 overdue payments to 5 micro and small suppliers. The latest return was filed on 08 Jun 2019.

