Vertex Power Solutions Private Limited

Manufacturer of voltage stabilizers, transformers, and UPS for various industries since 2011.

2011 | Chennai, Tamil Nadu (India) | Active
Last Updated: July 29, 2024

Vertex Power Solutions Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 13 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.25 Cr
  • Revenue Growth 20.82%
  • Profit Growth -64.19%
  • Ebitda 6.37%
  • Net Worth 7.83%
  • Total Assets 16.50%

About Vertex Power Solutions

Vertex Power Solutions Private Limited (VPSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 August 2011 and has a history of 13 years and five months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Energy And Power 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 0.50 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹4.25 Cr.

Balamurugan, Vavilla Giri, Pannimadai Prakash, and Two other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31401TN2011PTC082024

  • Company No.

    082024

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Aug 2011

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Energy and Power

What products or services does Vertex Power Solutions Private Limited offer?

Vertex Power Solutions Private Limited offers a wide range of products and services, including Transformers & Transformer Parts, Transformers, Voltage & Power Stabilizers, Voltage Stabilizers, Voltage Transformer, Inverters, UPS and Converters, UPS, Isolation Transformers, Servo Voltage Stabilizer, Electric Circuit Components & Spares.

Who are the key members and board of directors at Vertex Power Solutions?

Board Members (5)

Name Designation Appointment Date Status
Muralitharan Lakshmanan Country flag representing In Director 11-Oct-2019 Current
Balamurugan Country flag representing In Director 23-Aug-2011 Current
Vavilla Giri Country flag representing In Director 23-Aug-2011 Current
Pannimadai Prakash Country flag representing In Director 23-Aug-2011 Current
Manjunath Kalmath Country flag representing In Director 23-Aug-2011 Current

Financial Performance of Vertex Power Solutions.

Vertex Power Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.82% increase. The company also saw a substantial fall in profitability, with a 64.19% decrease in profit. The company's net worth moved up by a moderate rise of 7.83%.

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
20.82%
Revenue from Operations
20.87%
Total Assets
16.50%
Profit or Loss
-64.19%
Net Worth
7.83%
EBITDA
6.37%

What is the Ownership and Shareholding Structure of Vertex Power Solutions?

In 2023, Vertex Power Solutions had a promoter holding of 80.00% and a public holding of 20.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹42.48 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 3.95 Cr
  • City Union Bank Limited : 0.30 Cr

Latest Charge Details

Date Lender Amount Status
18 Oct 2023 Others ₹2.40 Cr Open
18 Jan 2021 Others ₹1.30 Cr Open
08 Jun 2018 Others ₹2.48 M Open
30 Jan 2014 City Union Bank Limited ₹3.00 M Open

How Many Employees Work at Vertex Power Solutions?

Vertex Power Solutions has a workforce of 41 employees as of Mar 21, 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 Vertex Power Solutions, 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 Power Solutions'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 Vertex Power Solutions

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 24.00 M with Charge ID 100857892 was registered on 18 Oct 2023.

    18 Oct 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Vertex Power Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 2.48 M registered on 08 Jun 2018 with Charge ID 100202556 was modified on 15 Jul 2021.

    15 Jul 2021

  • Charges

    A charge with Others amounted to Rs. 13.00 M with Charge ID 100411483 was registered on 18 Jan 2021.

    18 Jan 2021

  • Director Appointment

    Muralitharan Lakshmanan was appointed as a Director was appointed as a Director on 11 Oct 2019 & has been associated with this company since 5 years 4 months .

    11 Oct 2019

Frequently asked questions

  • Vertex Power Solutions Private Limited was incorporated on 23 Aug 2011.

  • The authorized share capital of Vertex Power Solutions Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 5 directors are associated with Vertex Power Solutions Private Limited.

    • Balamurugan
    • Vavilla Janarthanam Giri
    • Pannimadai Ramakrishnan Prakash
    • Manjunath Panchaxarayya Kalmath
    • Muralitharan Lakshmanan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vertex Power Solutions Private Limited is 38 Sri Saraswathi Muthupazhaniyappan Nagar Samy Street Nagelkeni Chromepet, Chennai, Tamil Nadu, India, 600044.

  • The corporate identification number (CIN) of Vertex Power Solutions Private Limited is U31401TN2011PTC082024 and the company number is 082024 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vertex Power Solutions Private Limited is https://www.vertexpower.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vertex Power Solutions Private Limited has risen by 20.82%.

  • As Per 2023 financial reports, 41 employees are currently employed by Vertex Power Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vertex Power Solutions Private Limited has experienced an upsurge of 7.83%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vertex Power Solutions Private Limited amount to ₹ 4.25 Cr.

  • The most recent Balance Sheet for Vertex Power Solutions Private Limited was filed with the ROC on 31 Mar 2023.