MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-12-0010608
Vertex Technologies Private Limited - information technology in Nadiad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹1.02 Cr
▲ 738% YoY
Net profit · FY 2023
₹81,468
Net margin 0.8%
EBITDA · FY 2023
₹1.3 Lakh
EBITDA margin 1.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹3.4 Lakh
Issued & subscribed
Open charges
₹25 Lakh
Secured borrowings
Company age
19 yrs
Est. 2007
Directors on board
2
As per MCA filings
About Vertex Technologies Private Limited
Data last updated:
Vertex Technologies Private Limited is a private limited company based in Nadiad, Gujarat, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 05 June 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2007PTC051047. Its GSTIN is 24AACCV5538M1ZZ (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3.4 Lakh. It is led by directors Ashesh Jitendrabhai Patel and Pankajkumar Jitendra Patel.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 1st Floor Om Building Above Amin Motors Beside Chetak Petrol Pump Santram Road, Nadiad, Gujarat, India – 387001.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.02 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹81,468 (net margin 0.8%) and EBITDA of ₹1.3 Lakh (EBITDA margin 1.3%). Revenue has grown at a compounded annual rate (CAGR) of 83% over three years and 7% over five years.
As per MCA filings, the company has open charges of ₹25 Lakh on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
Vertex Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-12-0010608). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vtplindia.com.
Company Details of Vertex Technologies Private Limited
CIN U72900GJ2007PTC051047
Registration Number 051047
Incorporation Date 05 June 2007
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-12-0010608
Recognitions & Rankings of Vertex Technologies
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address1st Floor Om Building Above Amin Motors Beside Chetak Petrol Pump Santram Road, Nadiad, Gujarat, India – 387001
- IndustryInformation Technology, IT Consulting & Support Services
Comprehensive company report
Vertex Technologies Private Limited - one report that includes everything
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Financials of Vertex Technologies Private Limited FY 2024 filings available
Vertex Technologies Private Limited reported revenue of ₹1.02 Cr (up 738% YoY) for FY 2023.
Revenue · FY 2023
₹1.02 Cr ▲ 738%
Net profit · FY 2023
₹81,468 margin 0.8%
EBITDA · FY 2023
₹1.3 Lakh margin 1.3%
Compounded Annual Growth Rate (CAGR) of Vertex Technologies Private Limited
Revenue CAGR growth
1 year
▲ 738%
3 years · compounded
▲ 83%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▼ 58%
3 years · compounded
▼ 8%
5 years · compounded
▼ 35%
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 738% growth in the latest year. EBITDA fell 58% 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 of Vertex Technologies Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.02 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.3 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹81,468 | •••• | •••• | •••• | •••• |
| 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 of Vertex Technologies Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Vertex Technologies are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Vertex Technologies Private Limited
Vertex Technologies has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashesh Jitendrabhai Patel | Director | 05 Jun 2007 | 19 Years 4 Months | Current |
| Pankajkumar Jitendra Patel | Director | 28 May 2015 | 11 Years 4 Months | Current |
Auditor Details of Vertex Technologies Private Limited
Vertex Technologies Private Limited is audited by MUNJAL MODI & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MUNJAL MODI & CO. | Locked | Locked | Locked |
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Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Vertex Technologies Private Limited
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Charges & Borrowings of Vertex Technologies Private Limited
Open charges
₹25 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Aug 2010 | Punjab National Bank | ₹25 Lakh | Open |
Total charge records: 1 View all charges
Legal Cases of Vertex Technologies Private Limited
Vertex Technologies Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed. Status as checked on 01 Oct 2026.
Total cases
2
Filed against the company
2
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Zen Exim Private Limited | Disposed |
| District court, kachchh at Bhuj, Gujarat | Court case (CR EN) | Filed against the company by Atla Cables and Accessories Pvt. Ltd | Pending |
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Employees and EPFO Compliance at Vertex Technologies Private Limited
Employment history and EPFO contributions of people linked to Vertex Technologies.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Vertex Technologies Private Limited
Vertex Technologies Private Limited has 5 board changes on record since 2007: 2 appointments and 3 cessations. The latest: Himanshu Ghanshyambhai Desai ceased to be Director on 05 Mar 2021.
AGM
Vertex Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Vertex Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Ceased
Himanshu Ghanshyambhai Desai ceased to be Director.
Ceased
Jinesh Vinaykumar Patel ceased to be Director.
Charges
A charge with Punjab National Bank of Rs. 25.00 Lakh registered on 05 Aug 2010 with Charge ID 10237443 was modified on 30 Dec 2015.
Ceased
Jigneshkumar Maheshbhai Patel ceased to be Director.
Appointed
Pankajkumar Jitendra Patel was appointed as Director.
Charges
A charge with Punjab National Bank amounted to Rs. 25.00 Lakh with Charge ID 10237443 was registered on 05 Aug 2010.
Appointed
Ashesh Jitendrabhai Patel was appointed as Director.
Incorporation
05 Jun 2007
Vertex Technologies Private Limited was registered on 05 Jun 2007 with Roc Ahmedabad & aged 19 years 4 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Vertex Technologies Private Limited
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MSME Payment Delays by Vertex Technologies Private Limited
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Subsidiaries & Group Companies of Vertex Technologies Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Vertex Technologies Private Limited
Vertex Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCV5538M1ZZ | Gujarat | Active | 01 Jul 2017 |
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MCA Filings & Documents of Vertex Technologies Private Limited
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Frequently Asked Questions about Vertex Technologies Private Limited
Vertex Technologies is an active private limited company based in Nadiad, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 05 June 2007 (19+ years old) and is registered under CIN U72900GJ2007PTC051047.
Vertex Technologies reported revenue of ₹1.02 Cr for FY 2023 (up 738% YoY).
Vertex Technologies has 2 current directors:
- Ashesh Jitendrabhai Patel - Director
- Pankajkumar Jitendra Patel - Director
Vertex Technologies reported a net profit of ₹81,468 (net margin 0.8%) and EBITDA of ₹1.3 Lakh (EBITDA margin 1.3%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Vertex Technologies is 83% over three years and 7% over five years. In the latest year (FY 2023) revenue rose 738%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Vertex Technologies is 24AACCV5538M1ZZ, registered in Gujarat.
The CIN (Corporate Identification Number) of Vertex Technologies is U72900GJ2007PTC051047. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vertex Technologies has 2 court cases on record: 2 filed against it. 1 is pending.
Vertex Technologies was incorporated on 05 June 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Himanshu Ghanshyambhai Desai ceased to be Director on 05 Mar 2021. Jinesh Vinaykumar Patel ceased to be Director on 05 Mar 2021. Jigneshkumar Maheshbhai Patel ceased to be Director on 28 May 2015. Vertex Technologies has 5 board changes on record in total.