About Zenith Shelters Private Limited
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Zenith Shelters Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 21 February 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70101KA2006PTC038554. Its GSTIN is 29AAACZ2516M1ZZ (Karnataka).
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹17.86 Lakh. It was formerly known as Zenith G Corp Realty Private Limited. It is led by directors Chiranjiv Ishwarlal Vaghani (Managing Director) and Ashwin Mohanlal Thakker.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹55.08 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹15.26 Lakh (net margin 27.7%) and EBITDA of ₹22.47 Lakh (EBITDA margin 40.8%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 42% over five years.
Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gcorpgroup.com.
Company details
Contact details
Zenith Shelters Private Limited's registered office is in Bangalore, Karnataka. Its website is gcorpgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1/1 – 3 Lido Malls 3rd Floor Swami Vivekananda Road Halasuru Opp. Lido Inox Near Trinity C, Ircle, Bangalore, Karnataka, India – 560008
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Zenith Shelters 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 Zenith Shelters is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
Financials of Zenith Shelters Private Limited
FY 2024 filings availableZenith Shelters Private Limited reported revenue of ₹55.08 Lakh (up 193% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 193% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 42%. EBITDA rose 214% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹22.47 Lakh | ||||
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| Net Profit (PAT) | ₹15.26 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 40.8% | ||||
| Net Profit Margin | 27.7% | ||||
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To see the full financial statements and ratios of Zenith Shelters Private Limited, buy the company report.
Board of directors of Zenith Shelters Private Limited
Zenith Shelters has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chiranjiv Ishwarlal Vaghani Also directs: Milton Trading and Consultancy LLP, Safron Realty Private Limited, Milton Constructions LLP and 5 more | Managing Director | 05 Oct 2006 | 20 Years 1 Months | Current |
| Ashwin Mohanlal Thakker Also directs: Milton Trading and Consultancy LLP, Thakkar & Thakkar Developers LLP, Marathon Nextgen Realty Limited and 5 more | Director | 21 Feb 2006 | 20 Years 8 Months | Current |
Auditor
Zenith Shelters Private Limited is audited by KALYANIWALLA & MISTRY LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KALYANIWALLA & MISTRY LLP | FY 2023 | 104607W/W100166 |
Shareholding
The shareholding of Zenith Shelters Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Zenith Shelters Private Limited, buy the company report.
Legal cases
Zenith Shelters Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, MYSURU, Karnataka | Civil suit | Filed against the company | Disposed |
To see the full case history of Zenith Shelters 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 Zenith Shelters Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Zenith Shelters has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
Zenith Shelters has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACZ2516M1ZZ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Zenith Shelters Private Limited, buy the company report.
Recent activity
Zenith Shelters Private Limited has 10 board changes on record since 2006: 3 appointments and 7 cessations. The latest: Hitesh Bhayani ceased to be Director on 16 Jan 2023.
1 earlier event is in the company report.
Frequently asked questions
Zenith Shelters is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 21 February 2006 (20+ years old) and is registered under CIN U70101KA2006PTC038554.
Zenith Shelters has 2 current directors:
- Chiranjiv Ishwarlal Vaghani - Managing Director
- Ashwin Mohanlal Thakker - Director
The latest financial statements of Zenith Shelters on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Zenith Shelters is 29AAACZ2516M1ZZ, registered in Karnataka.
The CIN (Corporate Identification Number) of Zenith Shelters is U70101KA2006PTC038554. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Zenith Shelters has 1 court case on record: 1 filed against it.
Zenith Shelters was incorporated on 21 February 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.
Hitesh Bhayani ceased to be Director on 16 Jan 2023. Harmohan Sahni ceased to be Director on 29 Jun 2017. Maria Ganagappan Durairaj ceased to be Additional Director on 26 Sep 2015. Zenith Shelters has 10 board changes on record in total.
Zenith Shelters can be reached through the website gcorpgroup.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Zenith Shelters is at 11 – 3 Lido Malls 3rd Floor Swami Vivekananda Road Halasuru Opp. Lido Inox Near Trinity C, Ircle, Bangalore, Karnataka, India – 560008.
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