Vertex Engineers Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 5.00 M
- Company Age 21 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 8.33 Cr
- Satisfied Charges ₹ 4.78 Cr
- Revenue Growth -19.38%
- Profit Growth -15.96%
- Ebitda -40.17%
- Net Worth 6.53%
- Total Assets -12.85%
About Vertex Engineers
Vertex Engineers Private Limited (VEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 August 2003 and has a history of 21 years and five months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Infrastructure And Utilities 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 Cr and a paid-up capital of Rs 5.00 M.
The company currently has active open charges totaling ₹8.33 Cr. The company has closed loans amounting to ₹4.78 Cr, as per Ministry of Corporate Affairs (MCA) records.
Nagesh Rao, Rekha Nagesh, and Rahul Nesargi serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U51103KA2003PTC032379
- Company No.
032379
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
11 Aug 2003
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
What products or services does Vertex Engineers Private Limited offer?
Vertex Engineers Private Limited offers a wide range of products and services, including Industrial Pipe & Tube Fittings, Gas Pipe Fittings, Lubrication Systems and Equipment, Lubricating Systems, Chemical Storage Tanks, Acid Storage Tanks, Fuel Injection Parts & Fuel System.
Who are the key members and board of directors at Vertex Engineers?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nagesh Rao  | Managing Director | 11-Aug-2003 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rahul Nesargi | Director | 05-Aug-2019 | Current |
| Rekha Nagesh | Director | 11-Aug-2003 | Current |
Financial Performance of Vertex Engineers.
Vertex Engineers Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 19.38% decrease. The company also saw a substantial fall in profitability, with a 15.96% decrease in profit. The company's net worth moved up by a moderate rise of 6.53%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Vertex Engineers?
In 2023, Vertex Engineers had a public holding of 2.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹8.33 Cr
₹4.78 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 8.33 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Apr 2012 | Hdfc Bank Limited | ₹8.33 Cr | Open |
| 21 Aug 2009 | Canara Bank | ₹1.80 M | Satisfied |
| 12 Aug 2009 | Canara Bank | ₹4.60 Cr | Satisfied |
How Many Employees Work at Vertex Engineers?
Vertex Engineers has a workforce of 41 employees as of Apr 08, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Vertex Engineers, 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 Vertex Engineers's trajectory.
Rating
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
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.
