Z2 Solution India Private Limited
About Z2 Solution India Private Limited
Data last updated:
Z2 Solution India Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 17 August 2005.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2005PTC036979.
The company had an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.96 Cr. It was led by directors including Mala Anand and Anand Sampally Srinivasan.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at No.146/3 Shanthala Plaza 1st Floor 8th Main 14th Cross Malleshwaram, Bangalore, Karnataka, India – 560003.
As per the financials filed for FY 2023, the company reported a revenue of ₹16.84 Lakh, a decline of 95% compared to the previous year. For the same year it recorded a net loss of ₹50.37 Lakh (net margin -299%) and EBITDA of -₹50.35 Lakh (EBITDA margin -298.9%). Revenue has declined at a compounded annual rate (CAGR) of 63% over three years and 51% over five years.
Its group structure included 1 subsidiary.
Company details
Contact details
Z2 Solution India Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.146/3 Shanthala Plaza 1st Floor 8th Main 14th Cross Malleshwaram, Bangalore, Karnataka, India – 560003
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing, IT Consulting & Support Services
To see the full contact details of Z2 Solution India 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 activities of Z2 Solution India are manufacturing and information and communication. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and publishing of computer operating systems, system software, application software, games, etc.. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | |
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Z2 Solution India Private Limited, buy the company report.
Financials of Z2 Solution India Private Limited
FY 2023 filings availableZ2 Solution India Private Limited reported revenue of ₹16.84 Lakh (down 95% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 51% over five years, including a 95% fall in the latest year. EBITDA fell 238% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | -₹50.35 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹50.37 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 | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -298.9% | ||||
| Net Profit Margin | -299% | ||||
| 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 Z2 Solution India Private Limited, buy the company report.
Board of directors of Z2 Solution India Private Limited
Z2 Solution India has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mala Anand Also directs: Marv Healing Horizons Private Limited | Director | 01 Nov 2021 | 4 Years 11 Months | As last reported |
| Anand Sampally Srinivasan Also directs: Marv Healing Horizons Private Limited | Director | 01 Nov 2021 | 4 Years 11 Months | As last reported |
| Boverinda Appachu Nanjappa | Director | 17 Aug 2005 | 21 Years 2 Months | As last reported |
Shareholding
The shareholding of Z2 Solution India Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Z2 Solution India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Z2 Solution India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Z2 Solution India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Z2 Solution India has 1 subsidiary company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Axyz Automation Private Limited | U31909KA2004PTC034193 |
To see the full group structure of Z2 Solution India Private Limited, buy the company report.
GST
No GST registration is on our record for Z2 Solution India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Z2 Solution India Private Limited has 12 board changes on record since 2005: 3 appointments and 9 cessations. The latest: Melkote Suryaprakash Naveen ceased to be Director on 25 Mar 2022.
3 earlier events are in the company report.
Frequently asked questions
Z2 Solution India has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Z2 Solution India was a private limited company based in Bangalore, Karnataka, India. The company worked in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 17 August 2005 and is registered under CIN U72200KA2005PTC036979. The company has been struck off by the Registrar of Companies and is no longer operational.
Z2 Solution India had 3 directors:
- Mala Anand - Director
- Anand Sampally Srinivasan - Director
- Boverinda Appachu Nanjappa - Director
The CIN (Corporate Identification Number) of Z2 Solution India is U72200KA2005PTC036979. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Z2 Solution India is at No.1463 Shanthala Plaza 1st Floor 8th Main 14th Cross Malleshwaram, Bangalore, Karnataka, India – 560003.
Z2 Solution India was incorporated on 17 August 2005. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Z2 Solution India on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
Z2 Solution India operated in the information technology industry, in the electronic components and equipment manufacturing segment. It worked in this industry before it was struck off.
Melkote Suryaprakash Naveen ceased to be Director on 25 Mar 2022. Gary Clifford Harvey ceased to be Director on 12 Feb 2022. Saluja Harash Vardhan ceased to be Director on 12 Feb 2022. Z2 Solution India has 12 board changes on record in total.
The compliance status of Z2 Solution India is compliant as of 21 July 2026.