About Zagg Network Private Limited
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Zagg Network Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Zagg Network Inc. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 31 January 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74999TG2005PTC045216. Its GSTIN is 36AACCE1514A1ZG (Telangana).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Eyantra Retail Ventures Limited and Intermed Merchandising Limited. It is led by directors including Jnaneswara Venakatesh Kandipalli and Ravikanth Andhavarapu.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at D – 1 M.G. Naidu Apartments 3 – 4 – 1007 Barkatpura, Hyderabad, Telangana, India – 500027.
As per the financials filed for FY 2024, the company reported a revenue of ₹66.63 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹31.25 Lakh (net margin 0.5%) and EBITDA of ₹31.25 Lakh (EBITDA margin 0.5%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 803% over five years.
The company is associated with 2 brands: EchoJoy and Zagg Network. Court records list 1 case involving the company; 1 case is pending. The company has 3 deals on record (3 secondary share transfers); the latest was in March 2020. Its 10 peer companies in the Information Technology industry (IT Consulting and Services) are compared by revenue, 5 larger and 5 smaller; the largest is Metlife Services East Private Limited with revenue of ₹67.02 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website zaggnetwork.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressD – 1 M.G. Naidu Apartments 3 – 4 – 1007 Barkatpura, Hyderabad, Telangana, India – 500027
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Zagg Network Private Limited
The main business activity of Zagg Network is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Zagg Network Private Limited FY 2025 filings available
Zagg Network Private Limited reported revenue of ₹66.63 Cr (up 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Zagg Network Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 803% over five years, including 4% growth in the latest year. EBITDA rose 723% 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 Zagg Network Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹31.25 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹31.25 Lakh | •••• | •••• | •••• | •••• |
| 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 Zagg Network Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.5% | •••• | •••• | •••• | •••• |
| 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 Zagg Network are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Zagg Network Private Limited
Zagg Network Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Metlife Services East Private Limited | ₹67.02 Cr (FY 2025) | •••• | •••• | 86.0% | •••• | New Delhi, Delhi, India |
| Mascom Electronics Private Limited | ₹66.87 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Mumbai, Maharashtra, India |
| Systems Advisers Software Services Private Limited | ₹66.78 Cr (FY 2020) | •••• | •••• | 5.0% | •••• | Bangalore, Karnataka, India |
| Wiptech Peripherals Private Limited | ₹66.69 Cr (FY 2025) | •••• | •••• | 42.0% | •••• | Rajkot, Gujarat, India |
| Square Network Solutions Private Limited | ₹66.67 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Chennai, Tamil Nadu, India |
| Zagg Network Private Limited this company | ₹66.63 Cr (FY 2024) | •••• | •••• | 4.0% | •••• | Hyderabad, Telangana, India |
| Biogen Capability Center India Private Limited | ₹66.34 Cr (FY 2025) | •••• | •••• | 220.0% | •••• | Bangalore, Karnataka, India |
| Asm Digital Engineering Private Limited | ₹66.28 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | Bangalore, Karnataka, India |
| Hni GBSC India Private Limited | ₹66.04 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Pune, Maharashtra, India |
| Avacend Solutions Private Limited | ₹65.94 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Chennai, Tamil Nadu, India |
| Login Infotech Private Limited | ₹65.92 Cr (FY 2025) | •••• | •••• | -49.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Zagg Network by revenue in the Information Technology industry (IT Consulting and Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Zagg Network Private Limited
Zagg Network Private Limited is audited by K LAKHANI & CO. CHARTERED ACCOUNTANTS for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K LAKHANI & CO. CHARTERED ACCOUNTANTS | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Zagg Network Private Limited
Zagg Network has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jnaneswara Venakatesh Kandipalli | Director | 13 Jun 2019 | 7 Years 4 Months | Current |
| Ravikanth Andhavarapu Also directs: Ranky Singularity Tech Private Limited, Kuteeram Life LLP, Edvenswa Enterprises Limited and 1 more | Director | 25 Apr 2019 | 7 Years 5 Months | Current |
| Ram Kumar Gollamudilaxminarasimha | Director | 25 Mar 2019 | 7 Years 6 Months | Current |
Ownership and Shareholding of Zagg Network Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Zagg Network Private Limited
Zagg Network Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Zagg Network Private Limited
Zagg Network Private Limited has 3 deals on record (3 secondary share transfers); the latest was in March 2020.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Zagg Network Inc Seller: 2 individuals |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Oct 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
Full deal history
All 3 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Zagg Network Private Limited
Zagg Network Private Limited has 1 court case on record: 1 where it is another party. All case is pending. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Company is another party | Pending |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Zagg Network Private Limited
Zagg Network operates two associated brands: EchoJoy and Zagg Network. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates an online platform for digital gift cards. | echojoycards.com | |
| Specializes in blockchain development, including smart contracts and DLT solutions. | zaggnetwork.com |
Employees and EPFO Compliance at Zagg Network Private Limited
Employment history and EPFO contributions of people linked to Zagg Network.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Name History of Zagg Network Private Limited
Zagg Network has undergone 5 name changes throughout its history. The current legal name is Zagg Network Private Limited.
| Company Name | Status |
|---|---|
| Zagg Network Private Limited | Current |
| Eyantra Retail Ventures Limited | Previous |
| Intermed Merchandising Limited | Previous |
| Isabell Apparels And Merchandising Limited | Previous |
| Intermed Merchandising Private Limited | Previous |
CIN History of Zagg Network Private Limited
Zagg Network has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74999TG2005PTC045216, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999TG2005PTC045216 | Current |
| U74999AP2005PLC045216 | Previous |
| U74999TG2005PLC045216 | Previous |
Recent Activity on Zagg Network Private Limited
Zagg Network Private Limited has 8 board changes on record since 2009: 3 appointments and 5 cessations. The latest: Jnaneswara Venakatesh Kandipalli was appointed as Director on 13 Jun 2019.
Credit Ratings, Litigation & Regulatory Alerts for Zagg Network Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Zagg Network Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Zagg Network Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Zagg Network Private Limited
Zagg Network has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AACCE1514A1ZG | Telangana | Active | 16 May 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Zagg Network Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Zagg Network Private Limited
Frequently Asked Questions about Zagg Network Private Limited
Zagg Network is an active private limited company based in Hyderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 31 January 2005 (21+ years old) and is registered under CIN U74999TG2005PTC045216.
Zagg Network reported revenue of ₹66.63 Cr for FY 2024 (up 4% YoY).
Zagg Network has 3 current directors:
- Jnaneswara Venakatesh Kandipalli - Director
- Ravikanth Andhavarapu - Director
- Ram Kumar Gollamudilaxminarasimha - Director
Zagg Network reported a net profit of ₹31.25 Lakh (net margin 0.5%) and EBITDA of ₹31.25 Lakh (EBITDA margin 0.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Zagg Network is 13% over three years and 803% over five years. In the latest year (FY 2024) revenue rose 4%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Zagg Network is 36AACCE1514A1ZG, registered in Telangana.
The CIN (Corporate Identification Number) of Zagg Network is U74999TG2005PTC045216. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Zagg Network has 1 court case on record. 1 is pending.
Zagg Network was incorporated on 31 January 2005, making it 21+ years old. It is registered with the Registrar of Companies, Hyderabad.
Zagg Network has 3 deals on record (3 secondary share transfers); the latest was in March 2020.
The peers of Zagg Network by revenue are Metlife Services East Private Limited, Mascom Electronics Private Limited, Systems Advisers Software Services Private Limited, Wiptech Peripherals Private Limited, Square Network Solutions Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).