Vertaxis Futuretech Private Limited

IT-enabled services provider established in 2017 with headquarters in Pune, Maharashtra.

2017 | Pune, Maharashtra (India) | Active
Last Updated: December 24, 2024

Vertaxis Futuretech Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.70 M
  • Company Age 7 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 0.70 M
  • Revenue Growth -13.17%
  • Profit Growth -5.69%
  • Ebitda -7.88%
  • Net Worth 18.85%
  • Total Assets 53.58%

About Vertaxis Futuretech

Vertaxis Futuretech Private Limited (VFPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 24 June 2017 (Seven years and seven months 29 days old ). Its registered office is in Pune, Maharashtra, India.

The Company is engaged in the Consumer Electronics & Durables 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 1.00 M and a paid-up capital of Rs 0.70 M.

The company currently has active open charges totaling ₹0.70 M.

Chintamani Lele, Kedar Hushing, Vinod Deshmukh, and One other member serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vertaxis.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72900PN2017PTC171120

  • Company No.

    171120

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Jun 2017

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Consumer Electronics & Durables

What products or services does Vertaxis Futuretech Private Limited offer?

Vertaxis Futuretech Private Limited offers a wide range of products and services, including LED Display Board & Light Boxes, Digital Display, LED Displays, Team Sports Goods & Supplies, Cricket Equipment, GPS and Navigation Devices, Personal Tracker, Moving Message Displays, Clocks and Watches, Decorative Clock.

Who are the key members and board of directors at Vertaxis Futuretech?

Board Members (4)

NameDesignationAppointment DateStatus
Vinod Deshmukh Country flag representing In Director 24-Jun-2017Current
Chintamani Lele Country flag representing In Director 24-Jun-2017Current
Kedar Hushing Country flag representing In Director 24-Jun-2017Current
Kedar Chavan Country flag representing In Director 15-Mar-2021Current

Financial Performance of Vertaxis Futuretech.

Vertaxis Futuretech Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 13.17% decrease. The company also saw a slight decrease in profitability, with a 5.69% decrease in profit. The company's net worth Soared by an impressive increase of 18.85%.

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
-13.17%
Revenue from Operations
-13.17%
Total Assets
53.58%
Profit or Loss
-5.69%
Net Worth
18.85%
EBITDA
-7.88%

What is the Ownership and Shareholding Structure of Vertaxis Futuretech?

In 2021, Vertaxis Futuretech 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

₹0.70 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.07 Cr

Latest Charge Details

DateLenderAmountStatus
10 Jun 2019Others₹0.70 MOpen

How Many Employees Work at Vertaxis Futuretech?

Unlock and access historical data on people associated with Vertaxis Futuretech, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vertaxis Futuretech, 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 Vertaxis Futuretech'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 Vertaxis Futuretech

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Vertaxis Futuretech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

    31 Mar 2024

  • Director Appointment

    Kedar Kishor Chavan was appointed as a Director was appointed as a Director on 15 Mar 2021 & has been associated with this company since 3 years 11 months .

    15 Mar 2021

  • Charges

    A charge with Others amounted to Rs. 0.70 M with Charge ID 100289652 was registered on 10 Jun 2019.

    10 Jun 2019

  • Director Appointment

    Chintamani Shyamrao Lele was appointed as a Director was appointed as a Director on 24 Jun 2017 & has been associated with this company since 7 years 7 months .

    24 Jun 2017

  • Director Appointment

    Kedar Bharat Hushing was appointed as a Director was appointed as a Director on 24 Jun 2017 & has been associated with this company since 7 years 7 months .

    24 Jun 2017

Frequently asked questions

  • Vertaxis Futuretech Private Limited was incorporated on 24 Jun 2017.

  • The authorized share capital of Vertaxis Futuretech Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.70 M.

  • Currently 4 directors are associated with Vertaxis Futuretech Private Limited.

    • Chintamani Shyamrao Lele
    • Kedar Bharat Hushing
    • Vinod Pradiprao Deshmukh
    • Kedar Kishor Chavan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vertaxis Futuretech Private Limited is Flat No-4 Sujit Complex Sn-60/7/1A Wadgaon Bk India, Pune, Maharashtra, 411041.

  • The corporate identification number (CIN) of Vertaxis Futuretech Private Limited is U72900PN2017PTC171120 and the company number is 171120 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vertaxis Futuretech Private Limited is https://www.vertaxis.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Vertaxis Futuretech Private Limited has fallen by -13.17%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Vertaxis Futuretech Private Limited has experienced an upsurge of 18.85%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Vertaxis Futuretech Private Limited amount to ₹ 0.70 M.

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