About Zavetech Business Solutions Private Limited
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Zavetech Business Solutions Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 28 October 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2019PTC129120. Its GSTIN is 29AABCZ4448B1ZA (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Keragodu Prabhakar Bhanupriya and Srinivas Govindaraju.
Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 146 Maruthi Complex 3rd Floor 3rd Main Rd Rr Layout Kengeri, Bengaluru, Karnataka, India – 560056.
As per the financials filed for FY 2020, the company reported a revenue of ₹43,218. For the same year it recorded a net loss of ₹8.84 Lakh and EBITDA of -₹8.81 Lakh.
The company has about 12 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Drona Edu. Court records list 15 cases involving the company, including 15 filed against it; 5 cases are pending.
For more details, the company can be reached via its website dronaedu.com.
Company details
Contact details
Zavetech Business Solutions Private Limited's registered office is in Bengaluru, Karnataka. Its website is dronaedu.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address146 Maruthi Complex 3rd Floor 3rd Main Rd Rr Layout Kengeri, Bengaluru, Karnataka, India – 560056
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Zavetech Business Solutions 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
Zavetech Business Solutions operates one associated brand: Drona Edu. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive CBSE curriculum-based education solutions for students. | dronaedu.com |
Business activity
The main business activity of Zavetech Business Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Zavetech Business Solutions Private Limited, buy the company report.
Financials of Zavetech Business Solutions Private Limited
FY 2020 filings availableZavetech Business Solutions Private Limited reported revenue of ₹43,218 for FY 2020.
Financial Statement Summary
| Metrics | FY 2019-20 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹43,218 |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹8.81 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹8.84 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 2019-20 |
|---|---|
| Profitability | |
| EBITDA Margin | |
| Net Profit Margin | |
| 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 Zavetech Business Solutions Private Limited, buy the company report.
Board of directors of Zavetech Business Solutions Private Limited
Zavetech Business Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Keragodu Prabhakar Bhanupriya Also directs: Agastyainfo Media Private Limited, Zave International Foundation | Director | 28 Oct 2019 | 6 Years 11 Months | Current |
| Srinivas Govindaraju Also directs: Agastyainfo Media Private Limited, Zave International Foundation | Director | 28 Oct 2019 | 6 Years 11 Months | Current |
Auditor
Zavetech Business Solutions Private Limited is audited by VENKATESH PRABHU & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VENKATESH PRABHU & ASSOCIATES | FY 2020 | 015768S |
Shareholding
The shareholding of Zavetech Business Solutions Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Zavetech Business Solutions Private Limited, buy the company report.
Legal cases
Zavetech Business Solutions Private Limited has 15 court cases on record: 15 filed against it. 5 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 15 | 5 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Wealth Space Services Pvt Ltd | Pending |
| District court, Malappuram, Kerala | Criminal case | Filed against the company by Able Folks Education Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Wealth Space Services Pvt Ltd | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Yashvi Enterprises Through Shaileshkumar Rasikbhai Patel | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Wealth Space Service Pvt Ltd | Pending |
To see the full case history of Zavetech Business Solutions 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 Zavetech Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Zavetech Business Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCZ4448B1ZA | Karnataka | Active | 02 Dec 2019 |
To see the full GST registrations and return filing status of Zavetech Business Solutions Private Limited, buy the company report.
Recent activity
Zavetech Business Solutions Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Keragodu Prabhakar Bhanupriya was appointed as Director on 28 Oct 2019.
Frequently asked questions
Zavetech Business Solutions is an active private limited company based in Bengaluru, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 28 October 2019 (7+ years old) and is registered under CIN U74999KA2019PTC129120.
Zavetech Business Solutions has 2 current directors:
- Keragodu Prabhakar Bhanupriya - Director
- Srinivas Govindaraju - Director
The latest financial statements of Zavetech Business Solutions on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 December 2020. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Zavetech Business Solutions is 29AABCZ4448B1ZA, registered in Karnataka.
The CIN (Corporate Identification Number) of Zavetech Business Solutions is U74999KA2019PTC129120. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Zavetech Business Solutions has 15 court cases on record: 15 filed against it. 5 are pending.
Zavetech Business Solutions was incorporated on 28 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Keragodu Prabhakar Bhanupriya was appointed as Director on 28 Oct 2019. Srinivas Govindaraju was appointed as Director on 28 Oct 2019.
Zavetech Business Solutions can be reached through the website dronaedu.com. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Zavetech Business Solutions is at 146 Maruthi Complex 3rd Floor 3rd Main Rd Rr Layout Kengeri, Bengaluru, Karnataka, India – 560056.