Verex Systems Private Limited

Provides integrated security and safety solutions, including fire detection, access control, CCTV, and automation.

2014 | Delhi (India) | Active
Last Updated: December 09, 2024

Verex Systems Profile

Key Indicators

  • Authorised Capital ₹ 3.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 10 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.00 M
  • Satisfied Charges ₹ 2.50 M
  • Revenue Growth -19.35%
  • Profit Growth 6.29%
  • Ebitda -18.27%
  • Net Worth 20.37%
  • Total Assets 78.87%

About Verex Systems

Verex Systems Private Limited (VSPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 March 2014 and has a history of Ten years and 11 months. Its registered office is in Delhi, India.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 3.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹6.00 M. The company has closed loans amounting to ₹2.50 M, as per Ministry of Corporate Affairs (MCA) records.

Munish Juneja and Bhanu Prakash serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    verex.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51101DL2014PTC266702

  • Company No.

    266702

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Mar 2014

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Information Technology

What products or services does Verex Systems Private Limited offer?

Verex Systems Private Limited offers a wide range of products and services, including IT, Networking & Automation Solution, IT Solutions, Video Door Phone, Honeywell Video Door Phone, CCTV Camera, Fire Alarm Systems, Fire Alarms, Alba Urmet Video Door Phone, Hikvision CCTV Camera, Barcode Scanners.

Who are the key members and board of directors at Verex Systems?

Board Members (2)

NameDesignationAppointment DateStatus
Munish Juneja Country flag representing In Director 21-Mar-2014Current
Bhanu Prakash Country flag representing In Director 12-Jul-2021Current

Financial Performance of Verex Systems.

Verex Systems Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 19.35% decrease. The company also saw a slight improvement in profitability, with a 6.29% increase in profit. The company's net worth Soared by an impressive increase of 20.37%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-19.35%
Revenue from Operations
-19.34%
Total Assets
78.87%
Profit or Loss
6.29%
Net Worth
20.37%
EBITDA
-18.27%

What is the Ownership and Shareholding Structure of Verex Systems?

In 2019, Verex Systems had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6.00 M

Satisfied Charges

₹2.50 M

Charges Breakdown by Lending Institutions

  • Idbi Bank Limited : 0.60 Cr

Latest Charge Details

DateLenderAmountStatus
24 Jun 2023Idbi Bank Limited₹6.00 MOpen
22 Dec 2014Idbi Bank Limited₹2.50 MSatisfied

How Many Employees Work at Verex Systems?

Verex Systems has a workforce of 2 employees as of Mar 30, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Verex Systems, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Verex Systems's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Verex Systems

Recent activity within the organization

  • Annual General Meeting

    Verex Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Verex Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge registered on 22 Dec 2014 via Charge ID 10549263 with Idbi Bank Limited was fully satisfied on 27 Jun 2023.

    27 Jun 2023

  • Charges

    A charge with Idbi Bank Limited amounted to Rs. 6.00 M with Charge ID 100734464 was registered on 24 Jun 2023.

    24 Jun 2023

  • Director Appointment

    Bhanu Prakash was appointed as a Director was appointed as a Director on 12 Jul 2021 & has been associated with this company since 3 years 7 months .

    12 Jul 2021

  • Charges

    A charge with Idbi Bank Limited amounted to Rs. 2.50 M with Charge ID 10549263 was registered on 22 Dec 2014.

    22 Dec 2014

Frequently asked questions

  • Verex Systems Private Limited was incorporated on 21 Mar 2014.

  • The authorized share capital of Verex Systems Private Limited is ₹ 3.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Verex Systems Private Limited.

    • Munish Juneja
    • Bhanu Prakash
  • As per Ministry of Corporate Affairs (Mca), the registered address of Verex Systems Private Limited is 75 Ground Floor Back Side, Sant Nagar East Of Kailash India, Delhi, 110065.

  • The corporate identification number (CIN) of Verex Systems Private Limited is U51101DL2014PTC266702 and the company number is 266702 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Verex Systems Private Limited is https://www.verex.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Verex Systems Private Limited has fallen by -19.35%.

  • As Per 2022 financial reports, 2 employees are currently employed by Verex Systems Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Verex Systems Private Limited has experienced an upsurge of 20.37%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Verex Systems Private Limited amount to ₹ 6.00 M.

  • The most recent Balance Sheet for Verex Systems Private Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Electronic Components & Equipment Manufacturing