Zack It Solutions Private Limited

Provides software consultancy, development, testing, and staffing services to major clients.

2008 | Hyderabad, Telangana (India) | Active
Last Updated:

Zack It Solutions Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 16 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.77 M
  • Revenue Growth 55.94%
  • Profit Growth 116.73%
  • Ebitda 19.47%
  • Net Worth 12.01%
  • Total Assets -27.06%

About Zack It Solutions

Zack It Solutions Private Limited (ZISPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 July 2008 and has a history of 16 years and nine months. Its registered office is in Hyderabad, Telangana, India.

The Corporate was formerly known as Falcons It Solutions Private Limited. The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹6.77 M.

Dheeraj Barakam and Sreenivasa Barakam serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72900TG2008PTC060111

  • Company No.

    060111

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Jul 2008

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Information Technology

What products or services does Zack It Solutions Private Limited offer?

Zack It Solutions Private Limited offers a wide range of products and services, including Internet Marketing & Promotion, Website Promotion Services, Corporate Training, Website Designing, E Commerce Website Design, Website Domain Hosting Service.

Company report

Zack It Solutions Private Limited

Explore comprehensive data for Zack It Solutions Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Zack It Solutions?

Board Members (2)

NameDesignationAppointment DateStatus
Sreenivasa Barakam Country flag representing In Director 11-Jul-2008Current
Dheeraj Barakam Country flag representing In Additional Director 11-Jul-2008Current

Financial Performance of Zack It Solutions.

Zack It Solutions Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 55.94% increase. The company also saw a substantial improvement in profitability, with a 116.73% increase in profit. The company's net worth Soared by an impressive increase of 12.01%.

Zack It Solutions revenue growth over time
Zack It Solutions profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
55.94%
Revenue from Operations
55.99%
Total Assets
-27.06%
Profit or Loss
116.73%
Net Worth
12.01%
EBITDA
19.47%

What is the Ownership and Shareholding Structure of Zack It Solutions?

In 2023, Zack It Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6.77 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.40 Cr
  • Axis Bank Limited : 0.15 Cr
  • Hdfc Bank Limited : 0.13 Cr

Latest Charge Details

DateLenderAmountStatus
18 Nov 2023Others₹4.00 MOpen
22 Nov 2022Hdfc Bank Limited₹1.27 MOpen
29 Jul 2019Axis Bank Limited₹1.50 MOpen

How Many Employees Work at Zack It Solutions?

Zack It Solutions has a workforce of 84 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Zack It Solutions Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Zack It Solutions, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Zack It Solutions's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Zack It Solutions

Recent activity within the organization

  • Annual General Meeting

    Zack It Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Zack It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

  • Charges

    A charge with Others amounted to Rs. 4.00 M with Charge ID 100822099 was registered on 18 Nov 2023.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.27 M with Charge ID 100689077 was registered on 22 Nov 2022.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.50 M with Charge ID 100322768 was registered on 29 Jul 2019.

  • Director Appointment

    Dheeraj Reddy Barakam was appointed as a Additional Director was appointed as a Additional Director on 11 Jul 2008 & has been associated with this company since 16 years 9 months .

Frequently asked questions

  • What is the Incorporation or founding date of Zack It Solutions Private Limited?

    Zack It Solutions Private Limited was incorporated on 11 Jul 2008.

  • What is authorized share capital and paid-up capital of Zack It Solutions Private Limited?

    The authorized share capital of Zack It Solutions Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Zack It Solutions Private Limited?

    Currently 2 directors are associated with Zack It Solutions Private Limited.

    • Dheeraj Reddy Barakam
    • Sreenivasa Reddy Barakam
  • What is the registered address of Zack It Solutions Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Zack It Solutions Private Limited is H.No.1-65/43/119 120, Cyber Hills Colony Guttala Begumpet India, Shaikpet, Telangana, 500081.

  • What is the corporate identification number (CIN) and company number of Zack It Solutions Private Limited?

    The corporate identification number (CIN) of Zack It Solutions Private Limited is U72900TG2008PTC060111 and the company number is 060111 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Zack It Solutions Private Limited?

    The Official website of Zack It Solutions Private Limited is https://www.itzack.com

  • What has been the recent revenue trend for Zack It Solutions Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Zack It Solutions Private Limited has risen by 55.94%.

  • How many employees does Zack It Solutions Private Limited currently have?

    As Per 2022 financial reports, 84 employees are currently employed by Zack It Solutions Private Limited.

  • What change has been observed in the net worth of Zack It Solutions Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Zack It Solutions Private Limited has experienced an upsurge of 12.01%.

  • What are the total open charges for Zack It Solutions Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Zack It Solutions Private Limited amount to ₹ 6.77 M.

  • When was the last Balance Sheet of Zack It Solutions Private Limited filed with the ROC?

    The most recent Balance Sheet for Zack It Solutions Private Limited was filed with the ROC on 31 Mar 2024.

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