- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-08-0006026

About Zip Industries Private Limited
Data last updated:
Zip Industries Private Limited is a private limited company based in Chengalpattu, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 23 March 1956 and has been in existence for over 70 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U33111TN1956PTC003366. Its GSTIN is 33AAACZ0949E1ZI (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹60 Lakh. It was formerly known as Zip Industries Limited. It is led by directors including Jai Kishan Jhaver and Gollapudi Vardhan Vishnu.
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 12 Gst Road, Chengalpattu, Tamil Nadu, India – 603001.
As per the financials filed for FY 2024, the company reported a revenue of ₹54.05 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹1.41 Cr (net margin 2.6%) and EBITDA of ₹3.64 Cr (EBITDA margin 6.7%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 7% over five years.
The company has about 136 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Zee Zippers. As per MCA filings, the company has open charges of ₹30.43 Cr and satisfied charges of ₹30.91 Cr on record. Court records list 96 cases involving the company, including 85 filed by the company and 11 filed against it; 7 cases are pending. The company has 8 deals on record (8 secondary share transfers); the latest was in March 2024. Its 6 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 2 larger and 4 smaller; the largest is Gilwood Fashions Private Limited with revenue of ₹54.08 Cr. The company has 16 MSME Form 1 returns on record between 2018 and 2024, listing 752 overdue payments to 40 micro and small suppliers.
Zip Industries Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-08-0006026). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website zeezippers.com.
Company details
Name history
Zip Industries has undergone 2 name changes throughout its history. The company was previously known as Zip Industries Limited, and Zip Industries Private Limited. The current legal name is Zip Industries Private Limited.
| Company Name | Status |
|---|---|
| Zip Industries Private Limited | Current |
| Zip Industries Limited | Previous |
CIN history
Zip Industries has one previous CIN (Corporate Identification Number): U33111TN1956PLC003366. The current CIN is U33111TN1956PTC003366, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U33111TN1956PTC003366 | Current |
| U33111TN1956PLC003366 | Previous |
Recognitions & Rankings of Zip Industries
Contact details
Zip Industries Private Limited's registered office is in Chengalpattu, Tamil Nadu. Its website is zeezippers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address12 Gst Road, Chengalpattu, Tamil Nadu, India – 603001
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Zip Industries 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
Brands
Zip Industries operates one associated brand: Zee Zippers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Zippers are manufactured by Zee Zippers in India. | zeezippers.com |
Business activity
The main business activity of Zip Industries is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Zip Industries Private Limited, buy the company report.
Financials of Zip Industries Private Limited
FY 2024 filings availableZip Industries Private Limited reported revenue of ₹54.05 Cr (up 6% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 6% growth in the latest year. EBITDA rose 16% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹54.05 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.64 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.41 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.7% | ||||
| Net Profit Margin | 2.6% | ||||
| 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 Zip Industries Private Limited, buy the company report.
Board of directors of Zip Industries Private Limited
Zip Industries has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jai Kishan Jhaver | Director | 01 Sep 2022 | 4 Years 1 Months | Current |
| Gollapudi Vardhan Vishnu Also directs: Texx One Private Limited, Prodapt Solutions Private Limited, Prodapt Logistics Holdings Private Limited and 5 more | Director | 01 Sep 2022 | 4 Years 1 Months | Current |
| Subramaniam Raman Also directs: Siddhanta Knowledge Foundation, Prodapt Properties LLP, Southern Group Industries Private Limited and 3 more | Director | 01 Apr 2022 | 4 Years 6 Months | Current |
Peer comparison
Zip Industries Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gilwood Fashions Private Limited | ₹54.08 Cr (FY 2023) | 40.0% | Bangalore, Karnataka, India | |||
| Yucon Exports Pvt Ltd | ₹54.06 Cr (FY 2025) | -8.0% | Kolkata, West Bengal, India | |||
| Zip Industries Private Limitedthis company | ₹54.05 Cr (FY 2024) | ₹1.41 Cr | 2.6% | 6.0% | 136 | Chengalpattu, Tamil Nadu, India |
| Adhilakshmi Spinning Mills Private Limited | ₹54.03 Cr (FY 2025) | 8.0% | Palladam, Tamil Nadu, India | |||
| Uv Garments Private Limited | ₹54.02 Cr (FY 2024) | -5.0% | Delhi, India | |||
| Gloster Nuvo Limited | ₹53.9 Cr (FY 2025) | 6105.0% | Kolkata, West Bengal, India | |||
| Swastik Texprint Private Limited | ₹53.83 Cr (FY 2024) | 8.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Zip Industries Private Limited, buy the company report.
Auditor
Zip Industries Private Limited is audited by VRKSJP & CO for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VRKSJP & CO | FY 2024 | 315005E |
Shareholding
The shareholding of Zip Industries Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Zip Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Sep 2025 | 101154292 | Hdfc Bank Limited | ₹6 Cr | Open | |
| 10 Feb 2025 | 101055139 | Hdfc Bank Limited | ₹4 Cr | Open | |
| 30 Jan 2024 | 100919327 | Others | ₹72.74 Lakh | Open | |
| 11 Feb 2021 | 100442144 | Hdfc Bank Limited | ₹19.7 Cr | Open | |
| 10 Jun 2021 | 100455013 | Hdfc Bank Limited | ₹1.52 Cr | Satisfied |
To see the full charge records of Zip Industries Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Zip Industries Private Limited has 8 deals on record (8 secondary share transfers); the latest was in March 2024.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: Oakley Bowdeb & Co ( madras) Private Limited Seller: Talon (India) Private Ltd , RSJK Project Consultancy Private Limited |
| Feb 2023 | Secondary share transfer | Undisclosed | Seller: Southern Group Industries Private Limited , RSVK Securities Private Limited, an individual |
| Dec 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: D.K. Capital Market Private Limited , Srihari Foundations Private Limited , 2 individuals |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: RSVK Securities Private Limited, an individual Seller: RSVK Mercantile Private Limited , an individual |
To see the full deal history of Zip Industries Private 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
Zip Industries Private Limited has 96 court cases on record: 85 filed by Zip Industries, 11 filed against it. 7 cases are pending and 89 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 51 | 7 | 4 |
| District courts | 43 | 3 | 3 |
| Supreme Court | 2 | 1 | 0 |
Cases on record (5 of 96)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chengalpattu, Tamil Nadu | Criminal complaint | Filed by the company against Turquoise and Gold Apparels Pvt. Ltd., | Pending |
| High Court, TAMIL NADU | Writ petition | Filed against the company by E.I.Du Pont India Pvt. Ltd. | Pending |
| High Court, TAMIL NADU | Court case (WPMP) | Filed against the company by E.I.Du Pont India Pvt. Ltd. | Pending |
| High Court, TAMIL NADU | Civil suit | Filed against the company by M/S.Polo Textiles Pvt Ltd., | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by M/S.Polo Textiles Pvt.Ltd | Disposed |
To see the full case history of Zip Industries 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.
Credit ratings & regulatory alerts
Zip Industries Private Limited was last rated by Crisil on 31 Oct 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 31 Oct 2019 |
To see the full credit ratings and regulatory alerts of Zip Industries Private Limited, buy the company report.
MSME payment delays
Zip Industries Private Limited has 16 MSME Form 1 returns on record between 2018 and 2024, listing 752 overdue payments to 40 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 40)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Boxit Packaging LLP | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Zip Industries Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Zip Industries Private Limited has a workforce of 136 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
GST
Zip Industries has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACZ0949E1ZI | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Zip Industries Private Limited, buy the company report.
Recent activity
Zip Industries Private Limited has 4 board changes on record since 2022: 3 appointments and 1 cessation. The latest: Jai Kishan Jhaver ceased to be Director on 31 May 2024.
10 earlier events are in the company report.
Frequently asked questions
Zip Industries is an active private limited company based in Chengalpattu, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 23 March 1956 (70+ years old) and is registered under CIN U33111TN1956PTC003366.
Zip Industries has 3 current directors:
- Jai Kishan Jhaver - Director
- Gollapudi Vardhan Vishnu - Director
- Subramaniam Raman - Director
The latest financial statements of Zip Industries 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 Zip Industries is 33AAACZ0949E1ZI, registered in Tamil Nadu. 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 Zip Industries is U33111TN1956PTC003366. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Zip Industries has 96 court cases on record: 85 filed by the company and 11 filed against it. 7 are pending. Most are in the high courts.
Zip Industries was incorporated on 23 March 1956, making it 70+ years old. It is registered with the Registrar of Companies, Chennai.
Zip Industries has 8 deals on record (8 secondary share transfers); the latest was in March 2024.
The peers of Zip Industries by revenue are Gilwood Fashions Private Limited, Yucon Exports Pvt Ltd, Adhilakshmi Spinning Mills Private Limited, Uv Garments Private Limited, Gloster Nuvo Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Jai Kishan Jhaver ceased to be Director on 31 May 2024. Gollapudi Vardhan Vishnu was appointed as Director on 01 Sep 2022. Jai Kishan Jhaver was appointed as Director on 01 Sep 2022. Zip Industries has 4 board changes on record in total.
Yes, Zip Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-08-0006026).
Zip Industries has 16 MSME Form 1 returns on record between 2018 and 2024, listing 752 overdue payments to 40 micro and small suppliers. The latest return was filed on 02 May 2024.