Vertis Products Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.50 Cr
- Company Age 7 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 8.67 Cr
- Revenue Growth -1.02%
- Profit Growth 10.61%
- Ebitda 39.03%
- Net Worth 4919.65%
- Total Assets -12.67%
About Vertis Products
Vertis Products Private Limited (VPPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 May 2017 (Seven years and eight months 20 days old ). Its registered office is in Mehesana, Gujarat, 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 1.50 Cr and a paid-up capital of Rs 1.50 Cr.
The company currently has active open charges totaling ₹8.67 Cr.
Rakesh Patel, Mahesh Patel, and Chetan Patel serve as directors at the Company.
Company Details
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Location
Mehesana, Gujarat, India
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Telephone
+91-XXXXXXXXXX
- Email Address
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Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U36999GJ2017PTC097529
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Company No.
097529
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
24 May 2017
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
What products or services does Vertis Products Private Limited offer?
Vertis Products Private Limited offers a wide range of products and services, including Industrial Valves & Valve Fittings, Ball Valves, Wash Basins, Sanitaryware & Fittings, Toilet Seats, Sewerage and Drainage Products, Manhole Covers.
Who are the key members and board of directors at Vertis Products?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Chetan Patel
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Director | 24-May-2017 | Current |
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Rakesh Patel
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Director | 24-May-2017 | Current |
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Mahesh Patel
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Director | 24-May-2017 | Current |
Financial Performance of Vertis Products.
Vertis Products Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.02% decrease. The company also saw a substantial improvement in profitability, with a 10.61% increase in profit. The company's net worth Soared by an impressive increase of 4919.65%.
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What is the Ownership and Shareholding Structure of Vertis Products?
In 2023, Vertis Products had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹8.67 Cr
₹0
Charges Breakdown by Lending Institutions
- Others : 8.67 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Mar 2023 | Others | ₹4.35 Cr | Open |
| 15 Mar 2018 | Others | ₹4.32 Cr | Open |
How Many Employees Work at Vertis Products?
Unlock and access historical data on people associated with Vertis Products, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Vertis Products, 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 Vertis Products'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.
