Verdeen Chemicals Private Limited

Verdeen Chemicals Private Limited - environment in Hapur, Uttar Pradesh, India. FY 2026 financials & compliance.
CIN U24233UP2013PTC055906 Incorporated 01 April 2013 ROC Kanpur HQ Hapur, Uttar Pradesh, India
Active Private Limited Company environment MSME · Small
Data last updated
Revenue · FY 2025
₹17.32 Cr
▼ 62% YoY
Net profit · FY 2025
₹20.61 Lakh
Net margin 1.2%
EBITDA · FY 2025
₹1.2 Cr
EBITDA margin 6.9%
Authorised capital
₹11.3 Cr
Registered with MCA
Paid-up capital
₹11.19 Cr
Issued & subscribed
Open charges
₹5 Cr
Satisfied ₹3.64 Cr
Company age
13 yrs
Est. 2013
Employees · EPFO
34
Provident fund records

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

CIN U24233UP2013PTC055906
Registration Number 055906
Incorporation Date 01 April 2013
ROC Kanpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Ace Recycling Pte Ltd, Singapore
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-UP-29-0013951
Key People
Siddharth Jain Director Avinash Kumar Singh Solanki Director

Recognitions & Rankings of Verdeen Chemicals

MSME (Udyam registered) Ministry of MSME
Category
Small (2023-24)
Udyam number
UDYAM-UP-29-0013951

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
    verdeenchemicals.com
  • Registered Address
    D – 11 Upsidc Industrial Area Massoori Gulawati Road, Hapur, Uttar Pradesh, India – 201015
  • Industry
    Environment, Waste Management & Recycling Solutions

To see the full contact details of Verdeen Chemicals Private Limited, buy the company report.

Comprehensive company report
Verdeen Chemicals Private Limited - one report that includes everything
  • 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
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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 codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC6Chemical 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 available

Verdeen Chemicals Private Limited reported revenue of ₹17.32 Cr (down 62% YoY) for FY 2025.

Revenue · FY 2025
₹17.32 Cr ▼ 62%
Net profit · FY 2025
₹20.61 Lakh margin 1.2%
EBITDA · FY 2025
₹1.2 Cr margin 6.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 62%
3 years · compounded
▲ 53%
5 years · compounded
▲ 91%
EBITDA CAGR growth
1 year
▲ 756%
3 years · compounded
▲ 7%
5 years · compounded
▲ 28%

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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹1.2 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹20.61 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin6.9%
Net Profit Margin1.2%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

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.

Current Directors
NameDesignationAppointment DateTenureStatus
Siddharth Jain
Also directs: Korkea Technology India Private Limited, Agr Equipments Private Limited, Ace Lithium India Private Limited
Director29 Jul 20233 Years 3 MonthsCurrent
Avinash Kumar Singh Solanki
Also directs: Korkea Technology India Private Limited, Agr Equipments Private Limited, Ace Lithium India Private Limited
Director29 Jul 20233 Years 3 MonthsCurrent
View all directors

Auditor

Verdeen Chemicals Private Limited is audited by KAPIL VERMA AND COMPANY for the financial year 2023.

Auditor firmFinancial yearFirm registration number
KAPIL VERMA AND COMPANYFY 20230016914C

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 categoryFY 2023FY 2022FY 2021FY 2020FY 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

Open charges
₹5 Cr
Satisfied charges
₹3.64 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹5.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
16 May 2023100726547Hdfc Bank Limited₹5 CrOpen
15 Mar 2018100162041Others₹3.64 CrSatisfied

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.

Total deals
7
Funding rounds
6
Secondary share transfer
1
Disclosed funding
₹9.59 Cr

Deals on record (5 of 7)

WhenDealAmountParties
Aug 2018Funding round₹1 CrInvestors: an individual
May 2016Funding round₹2.1 CrInvestors: Verdeen Chemicals Inc
Mar 2016Secondary share transferUndisclosedBuyer: Verdeen Chemicals Inc
Seller: 3 individuals
Dec 2015Funding round₹63.4 LakhInvestors: Verdeen Chemicals Inc
Oct 2015Funding round₹1.13 CrInvestors: 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.

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)

SupplierAmount dueDue sinceReported 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.

Employee count
34
Active EPFO establishments
1
Employee growth
161.54%

GST

Verdeen Chemicals has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
09AAECV3855B1ZCUttar PradeshActive01 Jul 2017
24AAECV3855B1ZKGujaratActive31 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.

AGM
Verdeen Chemicals Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Verdeen Chemicals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.
Ceased
Anirudh Narayan Mathur ceased to be Additional Director.
Appointed
Avinash Kumar Singh Solanki was appointed as Director.
Ceased
Dhurvender Kumar ceased to be Additional Director.
Appointed
Siddharth Jain was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100726547 was registered on 16 May 2023.
Ceased
Sumit Sachdeva ceased to be CEO.
Ceased
Ajay Paswan ceased to be Additional Director.
Ceased
Sakshi Mehta ceased to be Additional Director.
Ceased
Milan Gupta ceased to be Director.
Charges
A charge registered on 15 Mar 2018 via Charge ID 100162041 with Others was fully satisfied on 19 May 2022.

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:

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.