About Zeb IT Service Limited
Data last updated:
Zeb IT Service Limited was a public limited company based in Ahmedabad, Gujarat, India. The company has been dissolved (liquidated) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 19 June 2015.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2015PLC083609. The company has 3 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹2.75 Cr and a paid-up capital of ₹2.25 Cr. It was formerly known as Zeb It Service Private Limited. It was led by directors including Pallav Pratulchandra Moitra and Sunny Kiritbhai Shah.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at C – 534 5th Floor Siddhi Vinayak Towers Near Kataria Arcade Makarba, Ahmedabad, Gujarat, India – 380051.
As per the financials filed for FY 2019, the company reported a revenue of ₹33.58 Cr, a decline of 83% compared to the previous year. For the same year it recorded a net loss of ₹6.25 Cr (net margin -18.6%) and EBITDA of -₹6.62 Cr (EBITDA margin -19.7%). Revenue has grown at a compounded annual rate (CAGR) of 218% over three years.
The company had about 7 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: ZebPay. Court records list 1 case involving the company, including 1 filed by the company. The company has 1 deal on record (1 funding round), with disclosed funding of ₹2.24 Cr; the latest was in October 2015. Its 10 peer companies in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.) are compared by revenue, 5 larger and 5 smaller; the largest is Siddhatech Software Services Private Limited with revenue of ₹33.68 Cr.
The last known website on record is zebpay.com.
Company details
CIN history
Zeb IT Service has one previous CIN (Corporate Identification Number): U72900GJ2015PTC083609. The current CIN is U72900GJ2015PLC083609, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900GJ2015PLC083609 | Current |
| U72900GJ2015PTC083609 | Previous |
Contact details
Zeb IT Service Limited's registered office is in Ahmedabad, Gujarat. Its website is zebpay.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressC – 534 5th Floor Siddhi Vinayak Towers Near Kataria Arcade Makarba, Ahmedabad, Gujarat, India – 380051
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Zeb IT Service 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
Brands
Zeb IT Service operates one associated brand: ZebPay. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A mobile app for cryptocurrency trading and exchange is provided. | zebpay.com |
Business activity
The main business activity of Zeb IT Service 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 Zeb IT Service Limited, buy the company report.
Financials of Zeb IT Service Limited
FY 2019 filings availableZeb IT Service Limited reported revenue of ₹33.58 Cr (down 83% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 83% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 218%. EBITDA fell 106% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹33.58 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹6.62 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹6.25 Cr | |||
| 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -19.7% | |||
| Net Profit Margin | -18.6% | |||
| 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 | ||||
To see the full financial statements and ratios of Zeb IT Service Limited, buy the company report.
Board of directors of Zeb IT Service Limited
Zeb IT Service has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pallav Pratulchandra Moitra | Director | 29 Jan 2019 | 7 Years 9 Months | As last reported |
| Sunny Kiritbhai Shah | Director | 03 Dec 2018 | 7 Years 11 Months | As last reported |
| Ankit Dineshbhai Parikh Also directs: A D P R D P & Co LLP, VI Map Global Advisors Ifsc LLP | Director | 10 Oct 2018 | 8 Years 0 Months | As last reported |
| Pratik Surendrakumar Shah | Director | 21 Sep 2018 | 8 Years 1 Months | As last reported |
Peer comparison
Zeb IT Service 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 |
|---|---|---|---|---|---|---|
| Siddhatech Software Services Private Limited | ₹33.68 Cr (FY 2025) | 28.0% | Pune, Maharashtra, India | |||
| Prudence Analytics and Software Solutions Private Limited | ₹33.63 Cr (FY 2025) | 99.0% | Mumbai, Maharashtra, India | |||
| Bioenable Technologies Private Limited | ₹33.63 Cr (FY 2024) | 72.0% | Pune, Maharashtra, India | |||
| Ecs Business Solutions Private Limited | ₹33.61 Cr (FY 2025) | 23.0% | Thiruvananthapuram, Kerala, India | |||
| Hallmark Global Technologies Limited | ₹33.59 Cr (FY 2024) | 20.0% | Hyderabad, Telangana, India | |||
| Zeb IT Service Limitedthis company | ₹33.58 Cr (FY 2019) | -₹6.25 Cr | -18.6% | -83.0% | Ahmedabad, Gujarat, India | |
| Invasystems Digital India Private Limited | ₹33.4 Cr (FY 2025) | 21.0% | Pune, Maharashtra, India | |||
| Fairmatic Technologies India Private Limited | ₹33.4 Cr (FY 2024) | 117.0% | Bangalore, Karnataka, India | |||
| Seecubic India Private Limited | ₹33.33 Cr (FY 2025) | 11.0% | Pune, Maharashtra, India | |||
| Gamkaban Software Private Limited | ₹33.29 Cr (FY 2025) | -7.0% | Surat, Gujarat, India | |||
| Anb Systems Private Limited | ₹33.08 Cr (FY 2025) | 19.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Zeb IT Service Limited, buy the company report.
Auditor
Zeb IT Service Limited is audited by DHAVAL T CYCLEWALA & COMPANY for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DHAVAL T CYCLEWALA & COMPANY | FY 2019 | 128782W |
Shareholding
The shareholding of Zeb IT Service Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Zeb IT Service Limited, buy the company report.
Deals & funding
Zeb IT Service Limited has 1 deal on record (1 funding round), with disclosed funding of ₹2.24 Cr; the latest was in October 2015.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2015 | Funding round | ₹2.24 Cr | Investors: Triangle Engineers Private Limited , 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Zeb IT Service Limited has 1 court case on record: 1 filed by Zeb IT Service. 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, Ahmedabad, Gujarat | Court case (SMST R) | Filed by the company against an individual | Disposed |
To see the full case history of Zeb IT Service 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 Zeb IT Service Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Zeb IT Service has 3 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 Zeb IT Service Limited, buy the company report.
Recent activity
Zeb IT Service Limited has 14 board changes on record since 2018: 4 appointments and 10 cessations. The latest: Kailash Atmaram Singhal ceased to be Director on 09 Oct 2019.
5 earlier events are in the company report.
News
Frequently asked questions
Zeb IT Service has been "Dissolved (Liquidated)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Zeb IT Service was a public limited company based in Ahmedabad, Gujarat, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 19 June 2015 and is registered under CIN U72900GJ2015PLC083609. The company is recorded as dissolved (liquidated) in MCA records and no longer exists as a legal entity.
Zeb IT Service was incorporated on 19 June 2015. It is registered with the Registrar of Companies, Ahmedabad.
Zeb IT Service had 4 directors:
- Pallav Pratulchandra Moitra - Director
- Sunny Kiritbhai Shah - Director
- Ankit Dineshbhai Parikh - Director
- Pratik Surendrakumar Shah - Director
The CIN (Corporate Identification Number) of Zeb IT Service is U72900GJ2015PLC083609. 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 Zeb IT Service is at C – 534 5th Floor Siddhi Vinayak Towers Near Kataria Arcade Makarba, Ahmedabad, Gujarat, India – 380051.
Zeb IT Service can be reached through the website zebpay.com. Its registered office is in Ahmedabad, Gujarat, India.
The latest financial statements of Zeb IT Service on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2016 are in the company report.
No. Zeb IT Service has 3 GST registrations on record and all of them are cancelled or inactive.
Zeb IT Service operated in the information technology industry, in the application development and software solutions segment.
Zeb IT Service has 1 deal on record (1 funding round), with disclosed funding of ₹2.24 Cr; the latest was in October 2015.
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