Vert Equipment Private Limited

Manufactures and trades construction equipment and offers maintenance services.

1999 | Bangaluru, Karnataka (India) | Active
Last Updated: October 23, 2024

Vert Equipment Profile

Key Indicators

  • Authorised Capital ₹ 64.00 Cr
  • Paid Up Capital ₹ 64.00 Cr
  • Company Age 25 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 13.97 Cr
  • Satisfied Charges ₹ 73.33 Cr
  • Revenue Growth 13.36%
  • Profit Growth -46.88%
  • Ebitda -30.76%
  • Net Worth 2.18%
  • Total Assets 1.77%

About Vert Equipment

Vert Equipment Private Limited (VEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 December 1999 and has a history of 25 years and one month. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Vectra Advanced Engineering Private Limited. The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 64.00 Cr and a paid-up capital of Rs 64.00 Cr.

The company currently has active open charges totaling ₹13.97 Cr. The company has closed loans amounting to ₹73.33 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Vert Equipment Private Limited India is Sachin Kadd as COMPANY SECRETARY. Ashok Kumar, Deepti Ravinder, and Deepak Chopra serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vertepl.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29299KA1999PTC030375

  • Company No.

    030375

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Dec 1999

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

What products or services does Vert Equipment Private Limited offer?

Vert Equipment Private Limited offers a wide range of products and services, including Excavator and Earth Moving Machinery, Skid Steer Loader, Earthmoving Machinery Parts, Cranes, Forklift & Lifting Machines, Forklift Parts, Skid Steer Attachments.

Who are the key members and board of directors at Vert Equipment?

Executive Team (1)

NameDesignationAppointment DateStatus
Sachin Kadd Country flag representing In Company Secretary05-Sep-2019Current

Board Members (3)

NameDesignationAppointment DateStatus
Ashok Kumar Country flag representing In Director 13-Feb-2007Current
Deepti Ravinder Country flag representing Gb Director 07-Jan-2017Current
Deepak Chopra Director 25-Feb-2023Current

Financial Performance of Vert Equipment.

Vert Equipment Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.36% increase. The company also saw a substantial fall in profitability, with a 46.88% decrease in profit. The company's net worth moved up by a moderate rise of 2.18%.

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
13.36%
Revenue from Operations
7.33%
Total Assets
1.77%
Profit or Loss
-46.88%
Net Worth
2.18%
EBITDA
-30.76%

What is the Ownership and Shareholding Structure of Vert Equipment?

In 2023, Vert Equipment had a promoter holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹13.97 Cr

Satisfied Charges

₹73.33 Cr

Charges Breakdown by Lending Institutions

  • Others : 13.97 Cr

Latest Charge Details

DateLenderAmountStatus
10 Sep 2024Others₹4.40 MOpen
20 Feb 2024Others₹3.65 MOpen
15 Sep 2023Others₹12.50 CrOpen
17 Mar 2023Others₹3.00 MOpen
01 Dec 2021Others₹3.60 MOpen

How Many Employees Work at Vert Equipment?

Vert Equipment has a workforce of 21 employees as of Apr 02, 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 Vert Equipment, 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 Vert Equipment'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 Vert Equipment

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 12.50 Cr registered on 15 Sep 2023 with Charge ID 100790552 was modified on 25 Sep 2024.

    25 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 0.44 Cr with Charge ID 100976919 was registered on 10 Sep 2024.

    10 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 0.37 Cr with Charge ID 100911287 was registered on 20 Feb 2024.

    20 Feb 2024

  • Annual General Meeting

    Vert Equipment Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 12.50 Cr with Charge ID 100790552 was registered on 15 Sep 2023.

    15 Sep 2023

  • Charges

    A charge registered on 29 Apr 2017 via Charge ID 100280029 with Others was fully satisfied on 08 Sep 2023.

    08 Sep 2023

Frequently asked questions

  • Vert Equipment Private Limited was incorporated on 27 Dec 1999.

  • The authorized share capital of Vert Equipment Private Limited is ₹ 64.00 Cr and paid-up capital is ₹ 64.00 Cr.

  • Currently 4 directors are associated with Vert Equipment Private Limited.

    • Ashok Kumar
    • Deepti Rishi Ravinder
    • Deepak Chopra
    • Sachin Kumar Kadd
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vert Equipment Private Limited is Vectra Houseno.15, 1St Main Road Gandhinagar India, Bangalore, Karnataka, 560009.

  • The corporate identification number (CIN) of Vert Equipment Private Limited is U29299KA1999PTC030375 and the company number is 030375 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vert Equipment Private Limited is https://www.vertepl.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vert Equipment Private Limited has risen by 13.36%.

  • As Per 2023 financial reports, 21 employees are currently employed by Vert Equipment Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vert Equipment Private Limited has experienced an upsurge of 2.18%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vert Equipment Private Limited amount to ₹ 13.97 Cr.

  • The most recent Balance Sheet for Vert Equipment Private Limited was filed with the ROC on 31 Mar 2023.

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