Vortex Engineering Private Limited

Manufacturer of low-power ATMs for rural, urban, and semi-urban areas, with software and services for ATM management.

2001 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Vortex Engineering Profile

Key Indicators

  • Authorised Capital ₹ 20.36 Cr
  • Paid Up Capital ₹ 9.36 M
  • Company Age 24 Year, 16 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 22.60 Cr
  • Revenue Growth -8.12%
  • Profit Growth 71.70%
  • Ebitda 72.44%
  • Net Worth -2.99%
  • Total Assets -6.75%

About Vortex Engineering

Vortex Engineering Private Limited (VEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 March 2001 and has a history of 24 years. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Information Technology 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 20.36 Cr and a paid-up capital of Rs 9.36 M.

The company currently has active open charges totaling ₹22.60 Cr.

Gopalakrishnan, Hari Mittal, Ponnath Sathyan, and One other member serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29262TN2001PTC046779

  • Company No.

    046779

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Mar 2001

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Information Technology

What products or services does Vortex Engineering Private Limited offer?

Vortex Engineering Private Limited offers a wide range of products and services, including Residential & Commercial Security, Cash Escort Services, Business Planning and Management, Business Consultant, Measuring Equipments & Instruments, Money Counter, Beverage Vending Machines, Water ATM, Automated Teller Machines, Mini ATM.

Who are the key members and board of directors at Vortex Engineering?

Board Members (4)

NameDesignationAppointment DateStatus
Ponnath Sathyan Country flag representing In Whole-Time Director 17-Oct-2014Current
Gopalakrishnan Country flag representing In Director 21-Jun-2024Current
Hari Mittal Country flag representing In Director 13-Aug-2024Current
Dinesh Nandwana Country flag representing In Nominee Director 19-Jan-2024Current

Financial Performance of Vortex Engineering.

Vortex Engineering Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 8.12% decrease. The company also saw a substantial improvement in profitability, with a 71.7% increase in profit. The company's net worth dipped by a decrease of 2.99%.

Vortex Engineering revenue growth over time
Vortex Engineering 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
-8.12%
Revenue from Operations
-7.61%
Total Assets
-6.75%
Profit or Loss
71.70%
Net Worth
-2.99%
EBITDA
72.44%

What is the Ownership and Shareholding Structure of Vortex Engineering?

In 2023, Vortex Engineering had a promoter holding of 1.39% and a public holding of 98.61%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹22.60 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 10.00 Cr
  • Hdfc Bank Limited : 8.00 Cr
  • Others : 4.00 Cr
  • Ventureast Fund Ii : 0.60 Cr

Latest Charge Details

DateLenderAmountStatus
27 Feb 2023Axis Bank Limited₹10.00 CrOpen
15 Oct 2020Others₹4.00 CrOpen
27 Jun 2011Ventureast Fund Ii₹6.00 MOpen
28 Jun 2010Hdfc Bank Limited₹8.00 CrOpen

How Many Employees Work at Vortex Engineering?

Vortex Engineering has a workforce of 301 employees as of Apr 04, 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.

Employee growth trends for Vortex Engineering Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vortex Engineering, 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 Vortex Engineering'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 Vortex Engineering

Recent activity within the organization

  • Annual General Meeting

    Vortex Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Director Appointment

    Hari Chand Mittal was appointed as a Director was appointed as a Director on 13 Aug 2024 & has been associated with this company since 7 months 15 days .

  • Director Appointment

    Gopalakrishnan was appointed as a Director was appointed as a Director on 21 Jun 2024 & has been associated with this company since 9 months 7 days .

  • Balance Sheet

    Vortex Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Director Appointment

    Dinesh Birdhilal Nandwana was appointed as a Nominee Director was appointed as a Nominee Director on 19 Jan 2024 & has been associated with this company since 1 year 2 months .

  • Charges

    A charge with Hdfc Bank Limited of Rs. 8.00 Cr registered on 28 Jun 2010 with Charge ID 10228290 was modified on 29 May 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Vortex Engineering Private Limited?

    Vortex Engineering Private Limited was incorporated on 12 Mar 2001.

  • What is authorized share capital and paid-up capital of Vortex Engineering Private Limited?

    The authorized share capital of Vortex Engineering Private Limited is ₹ 20.36 Cr and paid-up capital is ₹ 9.36 M.

  • Who are the current board members & directors of Vortex Engineering Private Limited?

    Currently 4 directors are associated with Vortex Engineering Private Limited.

    • Gopalakrishnan
    • Hari Chand Mittal
    • Ponnath Gopalan Sathyan
    • Dinesh Birdhilal Nandwana

  • What is the registered address of Vortex Engineering Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Vortex Engineering Private Limited is Module No.6B Sixth Floor Iit Madras Research Park Kanagam Road, Taramani India, Chennai, Tamil Nadu, 600113.

  • What is the corporate identification number (CIN) and company number of Vortex Engineering Private Limited?

    The corporate identification number (CIN) of Vortex Engineering Private Limited is U29262TN2001PTC046779 and the company number is 046779 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Vortex Engineering Private Limited?

    The Official website of Vortex Engineering Private Limited is https://www.vortexindia.co.in

  • What has been the recent revenue trend for Vortex Engineering Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Vortex Engineering Private Limited has fallen by -8.12%.

  • How many employees does Vortex Engineering Private Limited currently have?

    As Per 2022 financial reports, 301 employees are currently employed by Vortex Engineering Private Limited.

  • What change has been observed in the net worth of Vortex Engineering Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Vortex Engineering Private Limited has experienced an downturn of -2.99%.

  • What are the total open charges for Vortex Engineering Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Vortex Engineering Private Limited amount to ₹ 22.60 Cr.

  • When was the last Balance Sheet of Vortex Engineering Private Limited filed with the ROC?

    The most recent Balance Sheet for Vortex Engineering Private Limited was filed with the ROC on 31 Mar 2024.

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