Vartak Design Systems Private Limited
About Vartak Design Systems Private Limited
Data last updated:
Vartak Design Systems Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently classified as dormant under Section 455 of the Companies Act - it is legally registered but has declared that it is not conducting any business operations. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 07 May 2013.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2013PTC243028.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Daksha Haresh Shah and Nidhi Haresh Shah.
Its last annual general meeting (AGM) was held on 03 June 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at F – 503 Prabhat Kiran Hsg Society Manish Park Pump House Andheri (East), Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2018, the company reported a revenue of ₹2.44 Lakh, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹2,519 (net margin 1%) and EBITDA of -₹2.4 Lakh (EBITDA margin -98.5%).
Company details
Contact details
Vartak Design Systems Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressF – 503 Prabhat Kiran Hsg Society Manish Park Pump House Andheri (East), Mumbai, Maharashtra, India – 400093
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Vartak Design Systems Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Vartak Design Systems Private Limited
FY 2020 filings availableVartak Design Systems Private Limited reported revenue of ₹2.44 Lakh (up 3% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 3% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹2.44 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹2.4 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹2,519 | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -98.5% | |||
| Net Profit Margin | 1% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Vartak Design Systems Private Limited, buy the company report.
Board of directors of Vartak Design Systems Private Limited
Vartak Design Systems has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Daksha Haresh Shah Also directs: Elegant Monomers Private Limited, Santa Barbara Investments Pvt Ltd, Manhattan Investments Pvt Ltd and 5 more | Director | 01 Jun 2016 | 10 Years 4 Months | Current |
| Nidhi Haresh Shah Also directs: Elegant Monomers Private Limited, Santa Barbara Investments Pvt Ltd, Manhattan Investments Pvt Ltd and 5 more | Director | 15 May 2020 | 6 Years 5 Months | Current |
Auditor
Vartak Design Systems Private Limited is audited by H. K. SHAH & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H. K. SHAH & ASSOCIATES | FY 2018 | 035072 |
Shareholding
The shareholding of Vartak Design Systems Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Vartak Design Systems Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vartak Design Systems Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vartak Design Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Vartak Design Systems Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Vartak Design Systems Private Limited has 10 board changes on record since 2013: 2 appointments and 8 cessations. The latest: Vikram Jaswantrai Mehta ceased to be Director on 02 Jun 2020.
1 earlier event is in the company report.
Frequently asked questions
Vartak Design Systems is classified as "Dormant" under Section 455 of the Companies Act. This means the company is legally registered but has officially declared that it is not currently conducting any business operations. A dormant company can be reactivated by following the prescribed procedures with the Registrar of Companies.
Vartak Design Systems is a dormant private limited company based in Mumbai, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 07 May 2013 and is registered under CIN U74999MH2013PTC243028. The company is legally registered but not currently conducting business.
The compliance status of Vartak Design Systems is compliant as of 06 September 2026.
Vartak Design Systems has 2 current directors:
- Daksha Haresh Shah - Director
- Nidhi Haresh Shah - Director
The CIN (Corporate Identification Number) of Vartak Design Systems is U74999MH2013PTC243028. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vartak Design Systems was incorporated on 07 May 2013. It is registered with the Registrar of Companies, Mumbai.
The registered office of Vartak Design Systems is at F – 503 Prabhat Kiran Hsg Society Manish Park Pump House Andheri East, Mumbai, Maharashtra, India – 400093.
The latest financial statements of Vartak Design Systems on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 03 June 2020. Year-wise statements from 2015 are in the company report.
Vartak Design Systems operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.
Vikram Jaswantrai Mehta ceased to be Director on 02 Jun 2020. Madhushree Amit Das ceased to be Director on 21 May 2020. Nidhi Haresh Shah was appointed as Director on 15 May 2020. Vartak Design Systems has 10 board changes on record in total.