Vegex Hortifresh Private Limited
About Vegex Hortifresh Private Limited
Data last updated:
Vegex Hortifresh Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 02 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U01111MH2017PTC294567. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Ismail Muhammad (Managing Director) and Nandakumar Vasudev Watkar.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Office No 105 Ascot Centre Premises Csl Sahar Andheri East, Mumbai, Maharashtra, India – 400099.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.15 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹3.91 Lakh (net margin -1.8%) and EBITDA of -₹3.34 Lakh (EBITDA margin -1.6%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 2% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Vegex Hortifresh Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressOffice No 105 Ascot Centre Premises Csl Sahar Andheri East, Mumbai, Maharashtra, India – 400099
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Vegex Hortifresh 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
Business activity
The main business activity of Vegex Hortifresh is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Vegex Hortifresh Private Limited, buy the company report.
Financials of Vegex Hortifresh Private Limited
FY 2023 filings availableVegex Hortifresh Private Limited reported revenue of ₹2.15 Cr (up 36884% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years. EBITDA rose 60% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹3.34 Lakh | ||||
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| Net Profit (PAT) | -₹3.91 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | -1.6% | ||||
| Net Profit Margin | -1.8% | ||||
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To see the full financial statements and ratios of Vegex Hortifresh Private Limited, buy the company report.
Board of directors of Vegex Hortifresh Private Limited
Vegex Hortifresh has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ismail Muhammad Also directs: Index Logistics Private Limited | Managing Director | 02 May 2017 | 9 Years 5 Months | Current |
| Nandakumar Vasudev Watkar | Additional Director | 19 Dec 2024 | 1 Years 10 Months | Current |
Auditor
Vegex Hortifresh Private Limited is audited by A Q SHAIKH & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A Q SHAIKH & CO | FY 2019 | 131921W |
Shareholding
The shareholding of Vegex Hortifresh Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Vegex Hortifresh Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vegex Hortifresh 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 Vegex Hortifresh Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vegex Hortifresh has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Vegex Hortifresh Private Limited, buy the company report.
Recent activity
Vegex Hortifresh Private Limited has 10 board changes on record since 2017: 6 appointments and 4 cessations. The latest: Jitendra Hemant Jog ceased to be Director on 23 Dec 2024.
1 earlier event is in the company report.
Frequently asked questions
Vegex Hortifresh is an active private limited company based in Mumbai, Maharashtra, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 02 May 2017 (9+ years old) and is registered under CIN U01111MH2017PTC294567.
Vegex Hortifresh has 2 current directors:
- Ismail Muhammad - Managing Director
- Nandakumar Vasudev Watkar - Additional Director
The latest financial statements of Vegex Hortifresh on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2018 are in the company report.
No. Vegex Hortifresh has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Vegex Hortifresh is U01111MH2017PTC294567. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vegex Hortifresh was incorporated on 02 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Jitendra Hemant Jog ceased to be Director on 23 Dec 2024. Nandakumar Vasudev Watkar was appointed as Additional Director on 19 Dec 2024. Bhanu Pratap Rai ceased to be Director on 27 Aug 2023. Vegex Hortifresh has 10 board changes on record in total.
The registered office of Vegex Hortifresh is at Office No 105 Ascot Centre Premises Csl Sahar Andheri East, Mumbai, Maharashtra, India – 400099.
Vegex Hortifresh operates in the agriculture industry, in the agro retail and distribution segment.
The compliance status of Vegex Hortifresh is compliant as of 16 September 2026. The company is actively filing with the Registrar of Companies.