Zuari Iav Private Limited
About Zuari Iav Private Limited
Data last updated:
Zuari Iav Private Limited is a private limited company based in Mormugao, Goa, India. It operates in the oil and gas distribution and transmission segment of the energy and power sector. It was incorporated on 14 July 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U11202GA2000PTC002869. Its GSTIN is 30AAACZ1195J2ZC (Goa). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹22 Cr and a paid-up capital of ₹20.04 Cr. It was formerly known as Zuari Indian Oiltanking Limited. It is led by directors including Nishant Dalal and Nitin Manguesh Kantak.
Its last annual general meeting (AGM) was held on 23 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at NH – 17 Bsancoale, Mormugao, Goa, India – 403726.
As per the financials filed for FY 2025, the company reported a revenue of ₹24.37 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹3.86 Cr (net margin 15.9%) and EBITDA of ₹11.9 Cr (EBITDA margin 48.8%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 5% over five years.
The company has about 31 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹35.98 Cr on record. Court records list 15 cases involving the company, including 2 filed by the company and 13 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Zuari Iav has one previous CIN (Corporate Identification Number): U11202GA2000PLC002869. The current CIN is U11202GA2000PTC002869, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U11202GA2000PTC002869 | Current |
| U11202GA2000PLC002869 | Previous |
Contact details
Zuari Iav Private Limited's registered office is in Mormugao, Goa. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNH – 17 Bsancoale, Mormugao, Goa, India – 403726
- IndustryEnergy and Power, Oil & Gas Distribution & Transmission
To see the full contact details of Zuari Iav 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 Zuari Iav is transport and storage. In detail, this covers warehousing and storage.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H6 | Warehousing and storage |
To see the full business activity and turnover split of Zuari Iav Private Limited, buy the company report.
Financials of Zuari Iav Private Limited
FY 2025 filings availableZuari Iav Private Limited reported revenue of ₹24.37 Cr (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 15% growth in the latest year. EBITDA rose 79% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹11.9 Cr | ||||
| Profit Before Tax | |||||
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| Net Profit (PAT) | ₹3.86 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 48.8% | ||||
| Net Profit Margin | 15.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Zuari Iav Private Limited, buy the company report.
Board of directors and KMP of Zuari Iav Private Limited
Zuari Iav Private Limited currently reports 3 directors and 1 key managerial person. 30 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nishant Dalal Also directs: Zuari Infraworld India Limited, Zuari International Limited, Zuari Finserv Limited and 1 more | Director | 28 Nov 2020 | 5 Years 11 Months | Current |
| Nitin Manguesh Kantak Also directs: Mangalore Chemicals and Fertilisers Limited, Zuari Agro Chemicals Limited, Simon India Limited and 2 more | Director | 11 Oct 2018 | 8 Years 1 Months | Current |
| Manoj Kumar Borad Also directs: Iav Utkarsh Limited, Indianoil Adani Ventures Limited, Iav Urja Services Limited and 3 more | Director | 07 Mar 2024 | 2 Years 8 Months | Current |
| Shriprasad Nagesh Naik | Ceo | 24 May 2022 | 4 Years 5 Months | Current |
Auditor
Zuari Iav Private Limited is audited by S.R. Batliboi & CO LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & CO LLP | FY 2024 | 301003E/E300005 |
Shareholding
The shareholding of Zuari Iav 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 Zuari Iav Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Nov 2004 | 90065696 | Union Bank of India | ₹4 Cr | Satisfied | |
| 24 May 2004 | 90065673 | Union Bank of India | ₹31.98 Cr | Satisfied |
To see the full charge records of Zuari Iav Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Zuari Iav Private Limited has 15 court cases on record: 2 filed by Zuari Iav, 13 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 9 | 0 |
| District courts | 5 | 4 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South Goa, Goa | Court case (SCS..) | Filed against the company by M/S R and C Turnkey Projects Ltd., | Disposed |
| Bombay High Court | Writ petition | Filed against the company by M/S. Peregrine Guarding Pvt. Ltd. Rep. by Shri. Rajan Oberio (Retd. Brig.) MD and Anr., and 1 other | Disposed |
| District court, South Goa, Goa | Court case (SCS) | Filed against the company by Ms R C Turnkey Projects Limited Through Managing Director Mr.M.D.Chand | Disposed |
| District court, South Goa, Goa | Court case (EXA) | Filed against the company by an individual | Disposed |
| Bombay High Court | Appeal | Filed against the company | Disposed |
To see the full case history of Zuari Iav 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 Zuari Iav Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Zuari Iav Private Limited has a workforce of 31 employees on its EPFO records as of May 2026.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 31 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Zuari Iav Private Limited, buy the company report.
GST
Zuari Iav has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AAACZ1195J2ZC | Goa | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Zuari Iav Private Limited, buy the company report.
Recent activity
Zuari Iav Private Limited has 29 board changes on record since 2007: 4 appointments and 25 cessations. The latest: Manoj Kumar Borad ceased to be Additional Director on 17 Jun 2024.
24 earlier events are in the company report.
Frequently asked questions
Zuari Iav is an active private limited company based in Mormugao, Goa, India. The company works in oil and gas distribution and transmission, within the energy and power industry. It was incorporated on 14 July 2000 (26+ years old) and is registered under CIN U11202GA2000PTC002869.
Zuari Iav has 4 current directors and KMP:
- Nishant Dalal - Director
- Nitin Manguesh Kantak - Director
- Manoj Kumar Borad - Director
- Shriprasad Nagesh Naik - Ceo
The latest financial statements of Zuari Iav on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 June 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Zuari Iav is 30AAACZ1195J2ZC, registered in Goa. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Zuari Iav is U11202GA2000PTC002869. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Zuari Iav has 15 court cases on record: 2 filed by the company and 13 filed against it. Most are in the high courts.
Zuari Iav was incorporated on 14 July 2000, making it 26+ years old. It is registered with the Registrar of Companies, Goa.
Manoj Kumar Borad ceased to be Additional Director on 17 Jun 2024. Manoj Kumar Borad was appointed as Director on 07 Mar 2024. Ganeshan Swaminathan Rajaraman ceased to be Additional Director on 28 Jul 2022. Zuari Iav has 29 board changes on record in total.
The registered office of Zuari Iav is at NH – 17 Bsancoale, Mormugao, Goa, India – 403726.
Zuari Iav operates in the energy and power industry, in the oil and gas distribution and transmission segment.
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