About Vertex Innovations Private Limited
Data last updated:
Vertex Innovations Private Limited was a private limited company based in Pune, 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 medical and laboratory equipment segment of the healthcare sector. It was incorporated on 17 July 2014.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2014PTC151834. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Nilesh Ugamraj Parakh and Prakrati Nilesh Parakh.
Its last annual general meeting (AGM) was held on 24 April 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at F – 1002/1003 Panchvati Chavan Nagar Satara Road, Pune, Maharashtra, India – 411043.
As per the financials filed for FY 2020, the company reported a revenue of ₹22.29 Lakh, a decline of 52% compared to the previous year. For the same year it recorded a net loss of ₹3.2 Lakh (net margin -14.3%) and EBITDA of ₹22.11 Lakh (EBITDA margin 99.2%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years.
The last known website on record is vertexflosser.com.
Company details
Contact details
Vertex Innovations Private Limited's registered office is in Pune, Maharashtra. Its website is vertexflosser.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressF – 1002/1003 Panchvati Chavan Nagar Satara Road, Pune, Maharashtra, India – 411043
- IndustryHealthcare, Medical & Laboratory Equipment
To see the full contact details of Vertex Innovations 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 Innovations Private Limited
FY 2021 filings availableVertex Innovations Private Limited reported revenue of ₹22.29 Lakh (down 52% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 52% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 42%. 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹22.29 Lakh | ||||
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| EBITDA | ₹22.11 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.2 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 99.2% | ||||
| Net Profit Margin | -14.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Vertex Innovations Private Limited, buy the company report.
Board of directors of Vertex Innovations Private Limited
Vertex Innovations has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nilesh Ugamraj Parakh Also directs: Vertex Bioenergy LLP, Rinckee Parakh Creations Private Limited, Vertex Films Private Limited and 3 more | Director | 17 Jul 2014 | 12 Years 3 Months | As last reported |
| Prakrati Nilesh Parakh Also directs: Rinckee Parakh Creations Private Limited, Vertex Films Private Limited, Vertex Synergy Private Limited and 1 more | Director | 17 Jul 2014 | 12 Years 3 Months | As last reported |
Auditor
Vertex Innovations Private Limited is audited by THANVI & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| THANVI & ASSOCIATES | FY 2019 | 129991W |
Shareholding
The shareholding of Vertex Innovations 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 Vertex Innovations Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vertex Innovations 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 Vertex Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vertex Innovations 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 Innovations Private Limited, buy the company report.
Recent activity
Vertex Innovations Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Nilesh Ugamraj Parakh was appointed as Director on 17 Jul 2014.
Frequently asked questions
Vertex Innovations 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 Innovations was a private limited company based in Pune, Maharashtra, India. The company worked in medical and laboratory equipment, within the healthcare industry. It was incorporated on 17 July 2014 and is registered under CIN U74999PN2014PTC151834. The company has been struck off by the Registrar of Companies and is no longer operational.
Vertex Innovations had 2 directors:
- Nilesh Ugamraj Parakh - Director
- Prakrati Nilesh Parakh - Director
The CIN (Corporate Identification Number) of Vertex Innovations is U74999PN2014PTC151834. 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 Innovations is at F – 10021003 Panchvati Chavan Nagar Satara Road, Pune, Maharashtra, India – 411043.
Vertex Innovations was incorporated on 17 July 2014. It is registered with the Registrar of Companies, Pune.
Vertex Innovations can be reached through the website vertexflosser.com. Its registered office is in Pune, Maharashtra, India.
The latest financial statements of Vertex Innovations on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 24 April 2021. Year-wise statements from 2015 are in the company report.
No. Vertex Innovations has 1 GST registration on record and it is cancelled or inactive.
Vertex Innovations operated in the healthcare industry, in the medical and laboratory equipment segment. It worked in this industry before it was struck off.
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