About Vortex International Private Limited
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Vortex International Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 08 November 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2013PTC249951. The company has 4 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Satish Datwani Vishambhar and Subhash Dattaram Kamble.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 63/1492 New Adarsh Nagar Worli, Mumbai, Maharashtra, India – 400025.
As per the financials filed for FY 2018, the company reported a revenue of ₹56.97 Cr, a growth of 143% compared to the previous year. For the same year it recorded a net profit of ₹1.53 Cr (net margin 2.7%) and EBITDA of ₹2.84 Cr (EBITDA margin 5%). Revenue has grown at a compounded annual rate (CAGR) of 238% over three years.
As per MCA filings, the company has open charges of ₹47.8 Lakh and satisfied charges of ₹1.8 Cr on record. Court records list 42 cases involving the company, including 5 filed by the company and 37 filed against it; 16 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website vortexonline.co.
Company details
Contact details
Vortex International Private Limited's registered office is in Mumbai, Maharashtra. Its website is vortexonline.co. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address63/1492 New Adarsh Nagar Worli, Mumbai, Maharashtra, India – 400025
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Vortex International 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 Vortex International is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Vortex International Private Limited, buy the company report.
Financials of Vortex International Private Limited
FY 2018 filings availableVortex International Private Limited reported revenue of ₹56.97 Cr (up 143% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 238% over three years, including 143% growth in the latest year. EBITDA rose 103% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹56.97 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹2.84 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹1.53 Cr | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
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| Trade Payables | ||||
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| Investments | ||||
| Inventories | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 5% | |||
| Net Profit Margin | 2.7% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| Efficiency and Growth | ||||
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| Receivable Days | ||||
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| Revenue Growth | ||||
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To see the full financial statements and ratios of Vortex International Private Limited, buy the company report.
Board of directors of Vortex International Private Limited
Vortex International has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satish Datwani Vishambhar Also directs: Mobilecandy Electronics LLP | Director | 08 Nov 2013 | 12 Years 11 Months | Current |
| Subhash Dattaram Kamble | Director | 12 Jul 2018 | 8 Years 3 Months | Current |
Peer comparison
Vortex International Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Futurism Technologies Private Limited | ₹58.19 Cr (FY 2025) | 3.0% | Pune, Maharashtra, India | |||
| JTG E-Business Software Private Limited | ₹58.16 Cr (FY 2024) | 2.0% | Delhi, India | |||
| Naidu Software Technologies Private Limited | ₹58.11 Cr (FY 2025) | 155.0% | Hyderabad, Telangana, India | |||
| Openxcell Technolabs Private Limited | ₹57.64 Cr (FY 2023) | -14.0% | Ahmedabad, Gujarat, India | |||
| Sapience Analytics Private Limited | ₹57.29 Cr (FY 2025) | 5.0% | Pune, Maharashtra, India | |||
| Vortex International Private Limitedthis company | ₹56.97 Cr (FY 2018) | ₹1.53 Cr | 2.7% | 143.0% | Mumbai, Maharashtra, India | |
| Eastern Software Solutions Private Limited | ₹56.68 Cr (FY 2025) | 2954.0% | Noida, Uttar Pradesh, India | |||
| Maximus Infoware (India) Private Limited | ₹56.67 Cr (FY 2025) | 9.0% | Thane, Maharashtra, India | |||
| Siemens Industry Software Computational Dynamics India Private Limited | ₹56.56 Cr (FY 2020) | -30.0% | New Delhi, Delhi, India | |||
| Insomniacs Digital Private Limited | ₹56.51 Cr (FY 2025) | 65.0% | Mumbai, Maharashtra, India | |||
| Galaxy Weblinks Limited | ₹56.4 Cr (FY 2025) | 11.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Vortex International Private Limited, buy the company report.
Auditor
Vortex International Private Limited is audited by N R M & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N R M & ASSOCIATES | FY 2018 | 144143W |
Shareholding
The shareholding of Vortex International 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 Vortex International Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Aug 2018 | 100277843 | Others | ₹47.8 Lakh | Open | |
| 15 Oct 2016 | 100058543 | Others | ₹1.8 Cr | Satisfied |
To see the full charge records of Vortex International Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Vortex International Private Limited has 42 court cases on record: 5 filed by Vortex International, 37 filed against it. 16 cases are pending and 26 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 34 | 30 | 16 |
| High courts | 8 | 7 | 0 |
Cases on record (5 of 42)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Court case (CNS) | Filed against the company by Shriram Finance Ltd | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Inditrade Fincorp Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by Ambit Finvest Pvt Ltd | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Lendingkart Finance Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed against the company by JRG Fincorp Limited | Pending |
To see the full case history of Vortex International 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 Vortex International Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vortex International has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Vortex International Private Limited, buy the company report.
Recent activity
Vortex International Private Limited has 4 board changes on record since 2013: 2 appointments and 2 cessations. The latest: Madhvi Satish Datwani ceased to be Director on 30 Jan 2019.
Frequently asked questions
Vortex International is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 08 November 2013 (13+ years old) and is registered under CIN U74999MH2013PTC249951.
Vortex International has 2 current directors:
- Satish Datwani Vishambhar - Director
- Subhash Dattaram Kamble - Director
The latest financial statements of Vortex International on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Vortex International has 4 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Vortex International is U74999MH2013PTC249951. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vortex International has 42 court cases on record: 5 filed by the company and 37 filed against it. 16 are pending. Most are in the district courts.
Vortex International was incorporated on 08 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Vortex International by revenue are Futurism Technologies Private Limited, JTG E-Business Software Private Limited, Naidu Software Technologies Private Limited, Openxcell Technolabs Private Limited, Sapience Analytics Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Madhvi Satish Datwani ceased to be Director on 30 Jan 2019. Subhash Dattaram Kamble ceased to be Additional Director on 29 Sep 2018. Subhash Dattaram Kamble was appointed as Director on 12 Jul 2018. Vortex International has 4 board changes on record in total.
Vortex International can be reached through the website vortexonline.co. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Vortex International is at 631492 New Adarsh Nagar Worli, Mumbai, Maharashtra, India – 400025.