MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-GJ-01-0039355
Zenith Apex Private Limited - fashion and textile in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹78.35 Cr
▼ 27.41% YoY
Net profit · FY 2025
₹5.56 Cr
Net margin 7.1%
EBITDA · FY 2025
₹8.37 Cr
EBITDA margin 10.7%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹1.35 Cr
Issued & subscribed
Open charges
₹79.34 Cr
Satisfied ₹45 Cr
Company age
22 yrs
Est. 2004
Directors on board
2
As per MCA filings
About Zenith Apex Private Limited
Data last updated:
Zenith Apex Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the workwear and uniforms segment of the fashion and textiles sector. It was incorporated on 28 April 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17111GJ2004PTC044059. Its GSTIN is 24AAACZ2027K1ZF (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹1.35 Cr. It was formerly known as Zenith Yarns Private Limited. It is led by directors Harsh Ajitsaria and Vaishnav Jankilal.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 404 Balleshwar Square Near Casela Tower Opp. Iscon Mega Mall S.G.Highway, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2025, the company reported a revenue of ₹78.35 Cr. For the same year it recorded a net profit of ₹5.56 Cr (net margin 7.1%) and EBITDA of ₹8.37 Cr (EBITDA margin 10.7%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 3% over five years.
As per MCA filings, the company has open charges of ₹79.34 Cr and satisfied charges of ₹45 Cr on record. The company has 15 deals on record (13 secondary share transfers, 2 funding rounds), with disclosed funding of ₹56.8 Lakh; the latest was in November 2023. Its 10 peer companies in the Apparel industry (Uniform and Work Wear) are compared by revenue, 5 larger and 5 smaller; the largest is Tarasafe International Private Limited with revenue of ₹160.82 Cr.
Zenith Apex Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0039355). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website zenithapex.com.
Company Details of Zenith Apex Private Limited
CIN U17111GJ2004PTC044059
Registration Number 044059
Incorporation Date 28 April 2004
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 24 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-GJ-01-0039355
Recognitions & Rankings of Zenith Apex
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address404 Balleshwar Square Near Casela Tower Opp. Iscon Mega Mall S.G.Highway, Ahmedabad, Gujarat, India – 380015
- IndustryFashion and Textile, Workwear & Uniforms
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Business Activity of Zenith Apex Private Limited
The main business activities of Zenith Apex are manufacturing and trade. In detail, this covers textile, leather and other apparel products and wholesale trading. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
| G | Trade | G1 | Wholesale Trading | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
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Financials of Zenith Apex Private Limited FY 2025 filings available
Zenith Apex Private Limited reported revenue of ₹78.35 Cr for FY 2025.
Revenue · FY 2025
₹78.35 Cr
Net profit · FY 2025
₹5.56 Cr margin 7.1%
EBITDA · FY 2025
₹8.37 Cr margin 10.7%
Compounded Annual Growth Rate (CAGR) of Zenith Apex Private Limited
Revenue CAGR growth
3 years · compounded
▼ 7%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▼ 12%
3 years · compounded
▼ 12%
5 years · compounded
▼ 8%
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years. EBITDA fell 12% 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 of Zenith Apex Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹8.37 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.56 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 of Zenith Apex Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Zenith Apex are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Zenith Apex Private Limited
Zenith Apex has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harsh Ajitsaria | Director | 01 Mar 2024 | 2 Years 7 Months | Current |
| Vaishnav Jankilal Also directs: Zenith Spinners LLP, Rameswar Apex Private Limited | Director | 19 Feb 2014 | 12 Years 8 Months | Current |
Peer Comparison of Zenith Apex Private Limited
Zenith Apex Private Limited is compared with the companies closest to it by revenue in the Apparel industry (Uniform and Work Wear). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tarasafe International Private Limited | ₹160.82 Cr (FY 2024) | •••• | •••• | 25.0% | •••• | Kolkata, West Bengal, India |
| Chandra Mukhi Impex Ltd | ₹109.88 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Kolkata, West Bengal, India |
| Gyan Ganga Limited | ₹90.26 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Patna, Bihar, India |
| Kariwala Industries Limited | ₹89.16 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Kolkata, West Bengal, India |
| School Shop Private Limited | ₹83.9 Cr (FY 2025) | •••• | •••• | -33.0% | •••• | Bhivandi, Maharashtra, India |
| Zenith Apex Private Limited this company | ₹78.35 Cr (FY 2025) | •••• | •••• | •••• | Ahmedabad, Gujarat, India | |
| JPM Exports Private Limited | ₹74.73 Cr (FY 2018) | •••• | •••• | 18.0% | •••• | Kolkata, West Bengal, India |
| Heathergrey Collective LLP | ₹70.09 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Mumbai, Maharashtra, India |
| Abhikriti Impex Private Limited | ₹65.44 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Kolkata, West Bengal, India |
| Amrit Exports Private Limited | ₹56.93 Cr (FY 2025) | •••• | •••• | -32.0% | •••• | Kolkata, West Bengal, India |
| Luna Apparels Private Limited | ₹56.9 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Zenith Apex by revenue in the Apparel industry (Uniform and Work Wear), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Zenith Apex Private Limited
Zenith Apex Private Limited is audited by PIPARA & CO LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PIPARA & CO LLP | Locked | Locked | Locked |
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Ownership and Shareholding of Zenith Apex Private Limited
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Shareholding and ownership data
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Charges & Borrowings of Zenith Apex Private Limited
Open charges
₹79.34 Cr
Satisfied charges
₹45 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Jun 2019 | Axis Bank Limited | ₹66.12 Cr | Open |
| 11 Jan 2019 | Axis Bank Limited | ₹13.22 Cr | Open |
| 12 Sep 2012 | Others | ₹22.5 Cr | Satisfied |
| 03 Sep 2012 | Others | ₹22.5 Cr | Satisfied |
Total charge records: 4 View all charges
Deals & Funding of Zenith Apex Private Limited
Zenith Apex Private Limited has 15 deals on record (13 secondary share transfers, 2 funding rounds), with disclosed funding of ₹56.8 Lakh; the latest was in November 2023.
Total deals
15
Secondary share transfers
13
Funding rounds
2
Disclosed funding
₹56.8 Lakh
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Zenith Spinners LLP Seller: 2 individuals |
| Aug 2019 | Secondary share transfer | Undisclosed | Buyer: Harsh Ajitsaria Huf, Zenith Spinners LLP , 2 individuals Seller: Jhota Investments Private Limited , 3 individuals |
| Jul 2019 | Secondary share transfer | Undisclosed | Buyer: Jhota Investments Private Limited , Harsh Ajitsaria Huf, 2 individuals Seller: Sita Govind Finlease Limited , Mark Marbles and Mines Limited , 2 individuals |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Harsh Ajitsaria Huf, Bihari Lal Ajitsaria Huf, an individual Seller: Mahip Industries Limited , an individual |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Zenith Spinners LLP Seller: Sita Govind Finlease Limited |
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Full deal history
All 15 deals with amounts, valuations, instruments and every party are in the company report.
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Employees and EPFO Compliance at Zenith Apex Private Limited
Employment history and EPFO contributions of people linked to Zenith Apex.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Zenith Apex Private Limited
Zenith Apex Private Limited has 10 board changes on record since 2011: 2 appointments and 8 cessations. The latest: Harsh Ajitsaria ceased to be Additional Director on 29 Sep 2024.
AGM
Zenith Apex Private Limited last Annual general meeting of members was held on 24 Sep 2025 as per latest MCA records.
Filing
Zenith Apex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Harsh Ajitsaria ceased to be Additional Director.
Ceased
Bihari Lal Ajitsaria ceased to be Beneficial Owner.
Appointed
Harsh Ajitsaria was appointed as Director.
Charges
A charge with Axis Bank Limited of Rs. 66.12 Cr registered on 11 Jun 2019 with Charge ID 100271181 was modified on 20 Oct 2023.
Charges
A charge with Axis Bank Limited of Rs. 13.22 Cr registered on 11 Jan 2019 with Charge ID 100235354 was modified on 30 Oct 2021.
Charges
A charge with Axis Bank Limited amounted to Rs. 66.12 Cr with Charge ID 100271181 was registered on 11 Jun 2019.
Charges
A charge registered on 12 Sep 2012 via Charge ID 10378058 with Others was fully satisfied on 15 May 2019.
Charges
A charge registered on 03 Sep 2012 via Charge ID 10378057 with Others was fully satisfied on 15 May 2019.
Charges
A charge with Axis Bank Limited amounted to Rs. 13.22 Cr with Charge ID 100235354 was registered on 11 Jan 2019.
Charges
A charge with Others of Rs. 22.50 Cr registered on 12 Sep 2012 with Charge ID 10378058 was modified on 03 Aug 2017.
11 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Zenith Apex Private Limited
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MSME Payment Delays by Zenith Apex Private Limited
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Subsidiaries & Group Companies of Zenith Apex Private Limited
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GST Compliance of Zenith Apex Private Limited
Zenith Apex has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACZ2027K1ZF | Gujarat | Active | 01 Jul 2017 |
| 19AAACZ2027K1Z6 | West Bengal | Active | 01 Jul 2017 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Zenith Apex Private Limited
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Frequently Asked Questions about Zenith Apex Private Limited
Zenith Apex is an active private limited company based in Ahmedabad, Gujarat, India. The company works in workwear and uniforms, within the fashion and textile industry. It was incorporated on 28 April 2004 (22+ years old) and is registered under CIN U17111GJ2004PTC044059.
Zenith Apex reported revenue of ₹78.35 Cr for FY 2025.
Zenith Apex has 2 current directors:
- Harsh Ajitsaria - Director
- Vaishnav Jankilal - Director
Zenith Apex reported a net profit of ₹5.56 Cr (net margin 7.1%) and EBITDA of ₹8.37 Cr (EBITDA margin 10.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Zenith Apex is -7% over three years and -3% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Zenith Apex is 24AAACZ2027K1ZF, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 19AAACZ2027K1Z6 (West Bengal).
The CIN (Corporate Identification Number) of Zenith Apex is U17111GJ2004PTC044059. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Zenith Apex was incorporated on 28 April 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Zenith Apex has 15 deals on record (13 secondary share transfers, 2 funding rounds), with disclosed funding of ₹56.8 Lakh; the latest was in November 2023.
The peers of Zenith Apex by revenue are Tarasafe International Private Limited, Chandra Mukhi Impex Ltd, Gyan Ganga Limited, Kariwala Industries Limited, School Shop Private Limited and 5 more, all in the Apparel industry (Uniform and Work Wear).
Harsh Ajitsaria ceased to be Additional Director on 29 Sep 2024. Bihari Lal Ajitsaria ceased to be Beneficial Owner on 22 May 2024. Harsh Ajitsaria was appointed as Director on 01 Mar 2024. Zenith Apex has 10 board changes on record in total.