About Zelus Network Private Limited
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Zelus Network Private Limited is a private limited company based in Bengaluru, Karnataka, India, recognised as a startup by DPIIT. It operates in the corporate training and development segment of the education sector. It was incorporated on 02 September 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U92419KA2019PTC127591. Its GSTIN is 29AABCZ4214D1ZI (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Zelus Academy Private Limited. It is led by directors Madhav Ranjit Menon and Rijesh George Benedict.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at #N – 35 3rd Floor Varalakshmi Mansion Sector 11 10th Main Jeevan Bhimanagar, Bengaluru, Karnataka, India – 560075.
As per the financials filed for FY 2025, the company reported a revenue of ₹98,268, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹13.57 Lakh and EBITDA of -₹24,884 (EBITDA margin -25.3%). Revenue has grown at a compounded annual rate (CAGR) of 555% over three years.
For more details, the company can be reached via its website zelusacademy.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
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- Registered Address#N – 35 3rd Floor Varalakshmi Mansion Sector 11 10th Main Jeevan Bhimanagar, Bengaluru, Karnataka, India – 560075
- IndustryEducation, Corporate Training & Development
- 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 Zelus Network Private Limited
The main business activity of Zelus Network is education. In detail, this covers sports, recreation, cultural and other education.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| P | Education | P3 | Sports, recreation, cultural and other education | 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 Zelus Network Private Limited FY 2025 filings available
Zelus Network Private Limited reported revenue of ₹98,268 (up 772% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Zelus Network Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 555% over three years, including 772% growth in the latest year. EBITDA rose 93% 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 Zelus Network Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹24,884 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹13.57 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Zelus Network Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -25.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Zelus Network are in the company report.
Financial statements from FY 2020
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 Zelus Network Private Limited
Zelus Network Private Limited is compared with the companies closest to it by revenue in the Education industry (Corporate and Commercial Training). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tes - Triangle Edusolutions Private Limited | ₹1 Lakh (FY 2025) | •••• | •••• | •••• | Ernakulam, Kerala, India | |
| Ved Social Welfare Forum | ₹1 Lakh (FY 2025) | •••• | •••• | -83.0% | •••• | Kanpur, Uttar Pradesh, India |
| DRT Fly Private Limited | ₹1 Lakh (FY 2025) | •••• | •••• | -50.0% | •••• | Amalner, Maharashtra, India |
| Matani-Legal Private Limited | ₹99,800 (FY 2025) | •••• | •••• | •••• | Premnagar, Uttar Pradesh, India | |
| Maverick Software Technology Private Limited | ₹98,806 (FY 2021) | •••• | •••• | 632.0% | •••• | New Delhi, Delhi, India |
| Zelus Network Private Limited this company | ₹98,268 (FY 2025) | •••• | •••• | 772.0% | •••• | Bengaluru, Karnataka, India |
| Rajlee Electronics and Innovations (OPC) Private Limited | ₹97,817 (FY 2020) | •••• | •••• | -67.0% | •••• | Ernakulam, Kerala, India |
| Keyush Consulting India Private Limited | ₹97,500 (FY 2024) | •••• | •••• | •••• | Vadodara, Gujarat, India | |
| Shristi Rural Development Foundation | ₹97,189 (FY 2016) | •••• | •••• | -27.0% | •••• | Delhi, India |
| Sister Nivedita Educational Private Limited | ₹97,004 (FY 2025) | •••• | •••• | •••• | Cooch Behar, West Bengal, India | |
| Etl Labs Private Limited | ₹96,886 (FY 2024) | •••• | •••• | •••• | Lucknow, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Zelus Network by revenue in the Education industry (Corporate and Commercial Training), 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 Zelus Network Private Limited
Zelus Network Private Limited is audited by LODHA & BHATT for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| LODHA & BHATT | 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 Zelus Network Private Limited
Zelus Network has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhav Ranjit Menon Also directs: Musecomm Private Limited | Director | 02 Sep 2019 | 7 Years 1 Months | Current |
| Rijesh George Benedict Also directs: Musecomm Private Limited | Director | 02 Sep 2019 | 7 Years 1 Months | Current |
Ownership and Shareholding of Zelus 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 Zelus Network Private Limited
Zelus Network Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Zelus Network Private Limited
Employment history and EPFO contributions of people linked to Zelus 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.
Recent Activity on Zelus Network Private Limited
Zelus Network Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Madhav Ranjit Menon was appointed as Director on 02 Sep 2019.
Credit Ratings, Litigation & Regulatory Alerts for Zelus 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 Zelus 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 Zelus 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 Zelus Network Private Limited
Zelus Network has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCZ4214D1ZI | Karnataka | Active | 06 Oct 2020 |
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 Zelus 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.
Frequently Asked Questions about Zelus Network Private Limited
Zelus Network is an active private limited company based in Bengaluru, Karnataka, India. The company works in corporate training and development, within the education industry. It was incorporated on 02 September 2019 (7+ years old) and is registered under CIN U92419KA2019PTC127591.
Zelus Network reported revenue of ₹98,268 for FY 2025 (up 772% YoY).
Zelus Network has 2 current directors:
- Madhav Ranjit Menon - Director
- Rijesh George Benedict - Director
Zelus Network reported a net loss of ₹13.57 Lakh and EBITDA of -₹24,884 (EBITDA margin -25.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Zelus Network is 555% over three years. In the latest year (FY 2025) revenue rose 772%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Zelus Network is 29AABCZ4214D1ZI, registered in Karnataka.
The CIN (Corporate Identification Number) of Zelus Network is U92419KA2019PTC127591. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Zelus Network was incorporated on 02 September 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Zelus Network by revenue are Tes - Triangle Edusolutions Private Limited, Ved Social Welfare Forum, DRT Fly Private Limited, Matani-Legal Private Limited, Maverick Software Technology Private Limited and 5 more, all in the Education industry (Corporate and Commercial Training).
Madhav Ranjit Menon was appointed as Director on 02 Sep 2019. Rijesh George Benedict was appointed as Director on 02 Sep 2019.
Yes, Zelus Network is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).