Vertex Spinning Limited

Develops integrated textile park with industrial, residential, and other facilities on 400 acres of land.

1994 | Dhule, Maharashtra (India) | Active
Last Updated: January 01, 2025

Vertex Spinning Profile

Key Indicators

  • Authorised Capital ₹ 22.50 Cr
  • Paid Up Capital ₹ 19.91 Cr
  • Company Age 30 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 42.35 Cr
  • Revenue Growth %
  • Profit Growth 1.21%
  • Ebitda 1.21%
  • Net Worth -0.07%
  • Total Assets %

About Vertex Spinning

Vertex Spinning Limited (VSL) is a Public Limited Indian Non-Government Company incorporated in India on 12 September 1994 and has a history of 30 years and four months. Its registered office is in Dhule, Maharashtra, India.

The Company is engaged in the Manufacturing 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 22.50 Cr and a paid-up capital of Rs 19.91 Cr.

The company currently has active open charges totaling ₹42.35 Cr.

Samar Mohapatra, Surendra Mungee, Giriraj Sharma, and Four other members serve as directors at the Company.

Company Details

  • Location

    Dhule, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L28900MH1994PLC108684

  • Company No.

    108684

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Sep 1994

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

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

Executive Team (2)

Name Designation Appointment Date Status
Sachin Sharma Country flag representing In Managing Director 22-Jun-1995 Current
Kapil Pandya Country flag representing In Managing Director 01-Apr-2015 Current

Board Members (5)

Name Designation Appointment Date Status
Samar Mohapatra Country flag representing In Additional Director 23-Apr-2008 Current
Surendra Mungee Country flag representing In Additional Director 23-Apr-2008 Current
Giriraj Sharma Country flag representing In Additional Director 31-Jul-2008 Current
Suresh Sharma Country flag representing In Director 28-Sep-2007 Current
Shiv Misra Country flag representing In Additional Director 23-Apr-2008 Current

Financial Performance of Vertex Spinning.

Vertex Spinning Limited, for the financial year ended 2021, experienced no change in revenue, with a 0% increase. The company also saw a slight improvement in profitability, with a 1.21% increase in profit. The company's net worth dipped by a decrease of 0.07%.

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
Revenue from Operations
Total Assets
Profit or Loss
1.21%
Net Worth
-0.07%
EBITDA
1.21%

What is the Ownership and Shareholding Structure of Vertex Spinning?

Unlock access to Vertex Spinning's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹42.35 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Syndicate Bank : 30.35 Cr
  • Syndiacate Bank : 12.00 Cr

Latest Charge Details

Date Lender Amount Status
30 Nov 2007 Syndicate Bank ₹6.50 Cr Open
30 Nov 2007 Syndicate Bank ₹11.85 Cr Open
18 Jun 2004 Syndiacate Bank ₹12.00 Cr Open
18 Jun 2004 Syndicate Bank ₹12.00 Cr Open

How Many Employees Work at Vertex Spinning?

Unlock and access historical data on people associated with Vertex Spinning, 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 Vertex Spinning, 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 Spinning'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

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Latest Updates, News, and FAQs on Vertex Spinning

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Vertex Spinning Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Kapil Vijay Pandya was appointed as a Managing Director was appointed as a Managing Director on 01 Apr 2015 & has been associated with this company since 9 years 10 months .

    01 Apr 2015

  • Director Appointment

    Giriraj Prasad Sharma was appointed as a Additional Director was appointed as a Additional Director on 31 Jul 2008 & has been associated with this company since 16 years 6 months .

    31 Jul 2008

  • Director Appointment

    Samar Ballav Mohapatra was appointed as a Additional Director was appointed as a Additional Director on 23 Apr 2008 & has been associated with this company since 16 years 9 months .

    23 Apr 2008

  • Director Appointment

    Surendra Mungee was appointed as a Additional Director was appointed as a Additional Director on 23 Apr 2008 & has been associated with this company since 16 years 9 months .

    23 Apr 2008

Frequently asked questions

  • Vertex Spinning Limited was incorporated on 12 Sep 1994.

  • The authorized share capital of Vertex Spinning Limited is ₹ 22.50 Cr and paid-up capital is ₹ 19.91 Cr.

  • Currently 7 directors are associated with Vertex Spinning Limited.

    • Samar Ballav Mohapatra
    • Surendra Mungee
    • Giriraj Prasad Sharma
    • Sachin Sharma
    • Suresh Sharma
    • Shiv Kumar Misra
    • Kapil Vijay Pandya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vertex Spinning Limited is Plot. T-1, Naradhana Industrial Area India, Dhule, Maharashtra, 424001.

  • The corporate identification number (CIN) of Vertex Spinning Limited is L28900MH1994PLC108684 and the company number is 108684 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2021 indicates that The net worth of Vertex Spinning Limited has experienced an downturn of -0.07%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Vertex Spinning Limited amount to ₹ 42.35 Cr.

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

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