Vertex Trade & Properties Developers Private Limited
About Vertex Trade & Properties Developers Private Limited
Data last updated:
Vertex Trade & Properties Developers Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the plumbing services and construction specialties segment of the construction sector. It was incorporated on 15 December 1989.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U70102MH1989PTC054649. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.02 Lakh. It was formerly known as Vertex Development & Properties Private Limited and Vertex Trade & Interchange Private Limited. It was led by directors Narayan Mahavirprasad Agarwal and Pawan Shreekumar Makharia.
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 was at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.86 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net loss of ₹34.68 Lakh (net margin -9%) and EBITDA of -₹34.68 Lakh (EBITDA margin -9%). Revenue has grown at a compounded annual rate (CAGR) of 838% over three years and 67% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
Company details
Name history
Vertex Trade & Properties Developers has undergone 2 name changes throughout its history. The company was previously known as Vertex Development & Properties Private Limited, and Vertex Trade & Interchange Private Limited. The current legal name is Vertex Trade & Properties Developers Private Limited.
| Company Name | Status |
|---|---|
| Vertex Trade & Properties Developers Private Limited | Current |
| Vertex Development & Properties Private Limited | Previous |
| Vertex Trade & Interchange Private Limited | Previous |
CIN history
Vertex Trade & Properties Developers has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U70102MH1989PTC054649, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70102MH1989PTC054649 | Current |
| U72200MH1989PTC054649 | Previous |
| U51909MH1989PTC054649 | Previous |
Contact details
Vertex Trade & Properties Developers Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressCabin No. 14 First Floor 38/39, Ahmedabad Street Masjid Bunder (East), Mumbai, Maharashtra, India – 400009
- IndustryConstruction, Plumbing Services & Construction Specialties, Demolition & Construction Services, Electrical Services
To see the full contact details of Vertex Trade & Properties Developers 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 Vertex Trade & Properties Developers Private Limited
FY 2023 filings availableVertex Trade & Properties Developers Private Limited reported revenue of ₹3.86 Cr (up 2% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 67% over five years, including 2% growth in the latest year. EBITDA fell 347% 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 | -₹34.68 Lakh | ||||
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| Net Profit (PAT) | -₹34.68 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -9% | ||||
| Net Profit Margin | -9% | ||||
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To see the full financial statements and ratios of Vertex Trade & Properties Developers Private Limited, buy the company report.
Board of directors of Vertex Trade & Properties Developers Private Limited
Vertex Trade & Properties Developers 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 |
|---|---|---|---|---|
| Narayan Mahavirprasad Agarwal Also directs: Akasha Syncotex Private Limited, Auster Properties Limited, Martand Properties Limited and 2 more | Director | 01 Jan 2018 | 8 Years 9 Months | As last reported |
| Pawan Shreekumar Makharia Also directs: Akasha Syncotex Private Limited, Prayaan Logistics LLP, Jogia Properties Limited and 5 more | Director | 12 Apr 2023 | 3 Years 6 Months | As last reported |
Auditor
Vertex Trade & Properties Developers Private Limited is audited by Vijay Shah & Co. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Vijay Shah & Co. | FY 2017 | 047391 |
Shareholding
The shareholding of Vertex Trade & Properties Developers Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Vertex Trade & Properties Developers Private Limited, buy the company report.
Legal cases
Vertex Trade & Properties Developers Private Limited has 1 court case on record: 1 filed by Vertex Trade & Properties Developers. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai Small Causes Court, Maharashtra | Court case (LD) | Filed by the company against an individual | Disposed |
To see the full case history of Vertex Trade & Properties Developers Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vertex Trade & Properties Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vertex Trade & Properties Developers 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 Vertex Trade & Properties Developers Private Limited, buy the company report.
Recent activity
Vertex Trade & Properties Developers Private Limited has 10 board changes on record since 2010: 2 appointments and 8 cessations. The latest: Pawan Shreekumar Makharia ceased to be Additional Director on 29 Sep 2023.
1 earlier event is in the company report.
Frequently asked questions
Vertex Trade & Properties Developers has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Vertex Trade & Properties Developers was a private limited company based in Mumbai, Maharashtra, India. The company worked in plumbing services and construction specialties, within the construction industry. It was incorporated on 15 December 1989 and is registered under CIN U70102MH1989PTC054649. The company has been struck off by the Registrar of Companies and is no longer operational.
Vertex Trade & Properties Developers had 2 directors:
- Narayan Mahavirprasad Agarwal - Director
- Pawan Shreekumar Makharia - Director
The CIN (Corporate Identification Number) of Vertex Trade & Properties Developers is U70102MH1989PTC054649. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Vertex Trade & Properties Developers is at Cabin No. 14 First Floor 3839, Ahmedabad Street Masjid Bunder East, Mumbai, Maharashtra, India – 400009.
Vertex Trade & Properties Developers was incorporated on 15 December 1989. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Vertex Trade & Properties Developers 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 2015 are in the company report.
No. Vertex Trade & Properties Developers has 1 GST registration on record and it is cancelled or inactive.
Vertex Trade & Properties Developers operated in the construction industry, in the plumbing services and construction specialties segment. It worked in this industry before it was struck off.
Vertex Trade & Properties Developers has 1 court case on record: 1 filed by the company.