Vertis Products Private Limited
Manufactures ceramic building materials and other related products since 2017 in Ahmedabad, Gujarat.
2017 | Mahesana, Gujarat (India) | Active
Vertis Products Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.50 Cr
- Company Age 7 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.35 Cr
- Satisfied Charges ₹ 4.32 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 ten months 5 days old ). Its registered office is in Mahesana, 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 2024. 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 ₹4.35 Cr. The company has closed loans amounting to ₹4.32 Cr, as per Ministry of Corporate Affairs (MCA) records.
Chetan Patel, Mahesh Patel, and Rakesh Patel serve as directors at the Company.
Company Details
- Location
Mahesana, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U36999GJ2017PTC097529
- Company No.
097529
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
24 May 2017
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Manufacturing
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  | Director | 24-May-2017 | Current |
| Mahesh Patel | Director | 24-May-2017 | Current |
| Rakesh Patel | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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)
Open Charges
₹4.35 Cr
Satisfied Charges
₹4.32 Cr
Charges Breakdown by Lending Institutions
- Others : 4.35 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Mar 2023 | Others | ₹4.35 Cr | Open |
| 15 Mar 2018 | Others | ₹4.32 Cr | Satisfied |
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.
Latest Updates, News, and FAQs on Vertis Products
Recent activity within the organization
- Annual General Meeting
Vertis Products Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge registered on 15 Mar 2018 via Charge ID 100195558 with Others was fully satisfied on 10 Jul 2024.
- Balance Sheet
Vertis Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge with Others of Rs. 4.35 Cr registered on 22 Mar 2023 with Charge ID 100711592 was modified on 02 Jun 2023.
- Charges
A charge with Others amounted to Rs. 4.35 Cr with Charge ID 100711592 was registered on 22 Mar 2023.
- Charges
A charge with Others of Rs. 4.32 Cr registered on 15 Mar 2018 with Charge ID 100195558 was modified on 31 Jul 2020.
Frequently asked questions
What is the Incorporation or founding date of Vertis Products Private Limited?
Vertis Products Private Limited was incorporated on 24 May 2017.
What is authorized share capital and paid-up capital of Vertis Products Private Limited?
The authorized share capital of Vertis Products Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.50 Cr.
Who are the current board members & directors of Vertis Products Private Limited?
Currently 3 directors are associated with Vertis Products Private Limited.
- Chetan Kantilal Patel
- Mahesh Mangalbhai Patel
- Rakesh Kantilal Patel
What is the registered address of Vertis Products Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Vertis Products Private Limited is 23/1 Gidc Estate Budasan Ta. Kadi, India, Mehesana, Gujarat, 382715.
What is the corporate identification number (CIN) and company number of Vertis Products Private Limited?
The corporate identification number (CIN) of Vertis Products Private Limited is U36999GJ2017PTC097529 and the company number is 097529 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Vertis Products Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Vertis Products Private Limited has fallen by -1.02%.
What change has been observed in the net worth of Vertis Products Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Vertis Products Private Limited has experienced an upsurge of 4919.65%.
What are the total open charges for Vertis Products Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Vertis Products Private Limited amount to ₹ 4.35 Cr.
When was the last Balance Sheet of Vertis Products Private Limited filed with the ROC?
The most recent Balance Sheet for Vertis Products Private Limited was filed with the ROC on 31 Mar 2024.
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