Vortex Flex Profile
Key Indicators
- Authorised Capital ₹ 14.00 Cr
- Paid Up Capital ₹ 12.48 Cr
- Company Age 7 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 57.30 Cr
- Revenue Growth 17.71%
- Profit Growth 39.42%
- Ebitda 14.38%
- Net Worth 20.31%
- Total Assets -3.55%
About Vortex Flex
Vortex Flex Private Limited (VFPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 06 December 2017 (Seven years and two months 11 days old ). Its registered office is in Navsari, Gujarat, India.
The Company is engaged in the Packaging 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 14.00 Cr and a paid-up capital of Rs 12.48 Cr.
The company currently has active open charges totaling ₹57.30 Cr.
The Key Managerial Personnel (KMP) at Vortex Flex Private Limited India is Ravikant Gupta as COMPANY SECRETARY. Mehul Bhoraniya, Chhatrola Devshaibhai, Jignesh Butani, and Six other members serve as directors at the Company.
Company Details
-
Location
Navsari, Gujarat, India
-
Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
Social Media
Corporate Identity Details
-
CIN/LLPIN
U25199GJ2017PTC100045
-
Company No.
100045
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
06 Dec 2017
-
Date of AGM
30 Sep 2024
-
Date of Balance Sheet
31 Mar 2024
-
Listing Status
Unlisted
-
ROC Code
Roc Ahmedabad
Industry
What products or services does Vortex Flex Private Limited offer?
Vortex Flex Private Limited offers a wide range of products and services, including Industrial Fabrics and Textiles, Industrial Fabric, Automobile Interiors & Accessories, Car Mat, Packaging Films & Foils, Packaging Rolls, Raw and Processed Leather, Faux Leather, Apparel Fabrics & Clothing Textiles, Ladies Suits & Dress Material.
Who are the key members and board of directors at Vortex Flex?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ravikant Gupta
|
Company Secretary | 01-Apr-2021 | Current |
|
Nirav Kasundra
|
Managing Director | 06-Dec-2017 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Mehulkumar Patel
|
Whole-Time Director | 06-Dec-2017 | Current |
|
Mehul Bhoraniya
|
Whole-Time Director | 06-Dec-2017 | Current |
|
Chhatrola Devshaibhai
|
Whole-Time Director | 06-Dec-2017 | Current |
|
Jignesh Butani
|
Whole-Time Director | 06-Dec-2017 | Current |
|
Kasundra Becharbhai
|
Whole-Time Director | 09-Jul-2018 | Current |
|
Shantilal Bariya
|
Director | 09-Jul-2018 | Current |
Financial Performance of Vortex Flex.
Vortex Flex Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.71% increase. The company also saw a substantial improvement in profitability, with a 39.42% increase in profit. The company's net worth Soared by an impressive increase of 20.31%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Vortex Flex?
In 2023, Vortex Flex had a promoter holding of 24.04% and a public holding of 75.96%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
-
Sunbez Speciality Films Private LimitedNirav Kasundra is a mutual person
Charges (Loans)
₹57.30 Cr
₹0
Charges Breakdown by Lending Institutions
- Indian Bank : 57.30 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Jan 2020 | Indian Bank | ₹5.00 Cr | Open |
| 03 Apr 2019 | Indian Bank | ₹32.99 Cr | Open |
| 11 Feb 2019 | Indian Bank | ₹19.31 Cr | Open |
How Many Employees Work at Vortex Flex?
Vortex Flex has a workforce of 39 employees as of Apr 08, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Vortex Flex, 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 Flex'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.
