About Zicom Electronic Security Systems Limited
Data last updated:
Zicom Electronic Security Systems Limited is a public limited company based in Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the security and surveillance segment of the business services sector. It was incorporated on 01 December 1994.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L32109MH1994PLC083391. Its GSTIN is 27AAACZ1444J2Z7 (Maharashtra). The company holds 18 GST registrations, of which 1 is active. It is recorded as listed by MCA, but trading in its shares on BSE (531404) has been suspended, so they do not currently trade on a stock exchange.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹41.22 Cr. It was formerly known as Zicom Security Systems Limited. It is led by directors including Pramoud Vinayak Rao (Managing Director) and Shanthi Singh Chauhan.
Its last annual general meeting (AGM) was held on 04 June 2021, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Zicom House 45 Chimbai Road Off Hill Road Bandra (West), Mumbai, Maharashtra, India – 400050.
As per the financials filed for FY 2020, the company reported a revenue of ₹2.54 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net loss of ₹169.03 Cr and EBITDA of -₹92.7 Cr. Revenue has declined at a compounded annual rate (CAGR) of 54% over three years and 43% over five years.
The company has about 3 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Zicom. As per MCA filings, the company has open charges of ₹957.86 Cr and satisfied charges of ₹172.6 Cr on record. Court records list 49 cases involving the company, including 18 filed by the company and 31 filed against it; 4 cases are pending. The company has 110 deals on record (101 market trades, 4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹63.68 Cr; the latest was in July 2021. The company has 6 MSME Form 1 returns on record between 2017 and 2021, listing 55 overdue payments to 18 micro and small suppliers.
The last known website on record is zicom.com.
Company details
CIN history
Zicom Electronic Security Systems has one previous CIN (Corporate Identification Number): U32109MH1994PTC083391. The current CIN is L32109MH1994PLC083391, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L32109MH1994PLC083391 | Current |
| U32109MH1994PTC083391 | Previous |
Contact details
Zicom Electronic Security Systems Limited's registered office is in Mumbai, Maharashtra. Its website is zicom.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressZicom House 45 Chimbai Road Off Hill Road Bandra (West), Mumbai, Maharashtra, India – 400050
- IndustryBusiness Services, Security & Surveillance
To see the full contact details of Zicom Electronic Security Systems 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 activities of Zicom Electronic Security Systems are trade and support service to organizations. In detail, this covers wholesale trading and security and investigation activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| N | Support service to Organizations | N4 | Security and investigation activities |
To see the full business activity and turnover split of Zicom Electronic Security Systems Limited, buy the company report.
Financials of Zicom Electronic Security Systems Limited
FY 2020 filings availableZicom Electronic Security Systems Limited reported revenue of ₹2.54 Cr (down 23% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 43% over five years, including a 23% fall in the latest year. EBITDA rose 50% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.54 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | -₹92.7 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹169.03 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Payable Days | |||||
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To see the full financial statements and ratios of Zicom Electronic Security Systems Limited, buy the company report.
Board of directors of Zicom Electronic Security Systems Limited
Zicom Electronic Security Systems has 3 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pramoud Vinayak Rao | Managing Director | 01 Dec 1995 | 30 Years 10 Months | As last reported |
| Shanthi Singh Chauhan Also directs: Laughing Jay LLP, Naira Edutech Private Limited | Director | 14 Nov 2019 | 6 Years 11 Months | As last reported |
| Manohar Gopal Bidaye | Director | 01 Dec 1995 | 30 Years 10 Months | As last reported |
Auditor
Zicom Electronic Security Systems Limited is audited by S M M P & Associates for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S M M P & Associates | FY 2020 | 120438W |
Shareholding
The shareholding of Zicom Electronic Security Systems Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Zicom Electronic Security Systems Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jun 2016 | 100035791 | Dbs Bank Ltd | ₹9 Cr | Open | |
| 12 Feb 2016 | 100025112 | Idbi Bank Limited | ₹247.25 Cr | Open | |
| 08 Feb 2016 | 10624054 | Union Bank of India | ₹3 Cr | Open | |
| 06 Feb 2016 | 100025115 | Idbi Bank Limited | ₹195 Cr | Open | |
| 20 Oct 2015 | 10607649 | The Saraswat Co-Operative Bank Limited | ₹19 Cr | Open |
To see the full charge records of Zicom Electronic Security Systems Limited, buy the company report.
Total charge records: 26 View all charges
Deals & funding
Zicom Electronic Security Systems Limited has 110 deals on record (101 market trades, 4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹63.68 Cr; the latest was in July 2021.
Deals on record (5 of 110)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2021 | Market trade | ₹14.9 Lakh | Buyer: Morde Foods Private Limited , Alpha Leon Enterprises LLP Seller: Alpha Leon Enterprises LLP |
| Jul 2021 | Market trade | ₹8.4 Lakh | Buyer: Algoquant Financials LLP Seller: Idbi Bank Limited |
| Jul 2021 | Market trade | ₹7.2 Lakh | Buyer: Alpha Leon Enterprises LLP Seller: Idbi Bank Limited |
| Jul 2021 | Market trade | ₹5.9 Lakh | Buyer: Alpha Leon Enterprises LLP Seller: Idbi Bank Limited |
| Jun 2021 | Market trade | ₹8.1 Lakh | Buyer: Alpha Leon Enterprises LLP Seller: Idbi Bank Limited |
To see the full deal history of Zicom Electronic Security Systems Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Zicom Electronic Security Systems Limited has 49 court cases on record: 18 filed by Zicom Electronic Security Systems, 31 filed against it. 4 cases are pending and 45 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 30 | 24 | 2 |
| High courts | 16 | 5 | 2 |
| NCLT | 2 | 1 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 49)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (CARBP) | Filed by the company against Zicom Saas Private Ltd. and 2 Ors. and 2 others | Disposed |
| District court, South East, Delhi | Civil suit | Filed against the company by M/S Sysnet Global Technologies Pvt Ltd | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed by the company against Salvi Comptech Pvt Ltd | Disposed |
| High Court, TELANGANA | Appeal | Filed against the company by M/S.Andhra Pradesh Technology Services Ltd | Disposed |
| High Court of Delhi | Court case (CO.PET.) | Filed by the company against Store One Retail India Ltd. | Disposed |
To see the full case history of Zicom Electronic Security Systems 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
Zicom Electronic Security Systems Limited has 6 MSME Form 1 returns on record between 2017 and 2021, listing 55 overdue payments to 18 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 18)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Systems & Softwares | |||
| an individual supplier | |||
| an individual supplier | |||
| JVX Media Services Private Limited |
To see the full MSME payment records of Zicom Electronic Security Systems Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Zicom Electronic Security Systems has 2 subsidiary companies. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Unisafe Fire Protection Specialists India Private Limited | U29193MH2008FTC182327 | |
| Zicom Saas Private Limited | U74120MH2011PTC213916 |
To see the full group structure of Zicom Electronic Security Systems Limited, buy the company report.
Employees & EPFO
Zicom Electronic Security Systems Limited has a workforce of 3 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Zicom Electronic Security Systems has 18 GST registrations: 1 active and 17 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACZ1444J2Z7 | Maharashtra | Active | 03 Aug 2022 |
To see the full GST registrations and return filing status of Zicom Electronic Security Systems Limited, buy the company report.
Recent activity
Zicom Electronic Security Systems Limited has 41 board changes on record since 1994: 22 appointments and 19 cessations. The latest: Kunjan Hemant Trivedi ceased to be Company Secretary on 28 Feb 2022.
80 earlier events are in the company report.
News
Frequently asked questions
Zicom Electronic Security Systems is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Zicom Electronic Security Systems is a company under insolvency, formerly operating as a public limited company based in Mumbai, Maharashtra, India. The company works in security and surveillance, within the business services industry. It was incorporated on 01 December 1994 and is registered under CIN L32109MH1994PLC083391. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Zicom Electronic Security Systems has 3 current directors:
- Pramoud Vinayak Rao - Managing Director
- Shanthi Singh Chauhan - Director
- Manohar Gopal Bidaye - Director
The latest financial statements of Zicom Electronic Security Systems on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 04 June 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Zicom Electronic Security Systems is L32109MH1994PLC083391. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Zicom Electronic Security Systems is recorded as a listed company by MCA, but trading in its shares on BSE (531404) has been suspended, so they do not currently trade on a stock exchange.
Zicom Electronic Security Systems has open charges of ₹957.86 Cr and satisfied charges of ₹172.6 Cr as per latest MCA filings.
Zicom Electronic Security Systems has 49 court cases on record: 18 filed by the company and 31 filed against it. 4 are pending. Most are in the district courts.
Zicom Electronic Security Systems was incorporated on 01 December 1994. It is registered with the Registrar of Companies, Mumbai.
Zicom Electronic Security Systems has 110 deals on record (101 market trades, 4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹63.68 Cr; the latest was in July 2021.
Kunjan Hemant Trivedi ceased to be Company Secretary on 28 Feb 2022. Keshav Dattaram Hodavdekar ceased to be Director on 28 Jul 2021. Dhaval Laxmikant Mehta ceased to be Director on 21 Jan 2021. Zicom Electronic Security Systems has 41 board changes on record in total.