About Zenith Computers Limited
Data last updated:
Zenith Computers Limited was a public limited company based in Navi Mumbai, Maharashtra, India. The company has been dissolved (liquidated) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the computer hardware manufacturing and retail segment of the technology and IT services sector. It was incorporated on 20 May 1980.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN L72900MH1980PLC022652. The company has 9 GST registrations on record, none of which is active. It is recorded as listed by MCA, but its shares were delisted from NSE on 18 Mar 2016 · voluntary delisting and trading in them on BSE (517164) has been suspended, so they do not currently trade on a stock exchange.
The company had an authorised share capital of ₹32 Cr and a paid-up capital of ₹15.48 Cr. It was led by directors Rajkumar Jugalkishor Saraf (Managing Director) and Manju Ajay Bhartia.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Plot. No. El 117 I Floor Ttc Area MIDC Mahape, Navi Mumbai, Maharashtra, India – 400710.
As per the financials filed for FY 2017, the company reported a revenue of ₹61.1 Lakh, a decline of 65% compared to the previous year. For the same year it recorded a net loss of ₹4.04 Cr and EBITDA of -₹38.12 Lakh (EBITDA margin -62.4%). Revenue has declined at a compounded annual rate (CAGR) of 80% over three years and 68% over five years.
The company had about 1 employee on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had open charges of ₹245.03 Cr and satisfied charges of ₹26.75 Cr on record. Court records list 93 cases involving the company, including 40 filed by the company and 53 filed against it; 8 cases are pending. The company has 9 deals on record (9 market trades); the latest was in April 2011.
The last known website on record is zenithpc.com.
Company details
Contact details
Zenith Computers Limited's registered office is in Navi Mumbai, Maharashtra. Its website is zenithpc.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot. No. El 117 I Floor Ttc Area MIDC Mahape, Navi Mumbai, Maharashtra, India – 400710
- IndustryInformation Technology, Computer Hardware Manufacturing & Retail
To see the full contact details of Zenith Computers 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
Financials of Zenith Computers Limited
FY 2016 filings availableZenith Computers Limited reported revenue of ₹61.1 Lakh (down 65% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 68% over five years, including a 65% fall 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹61.1 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹38.12 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹4.04 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -62.4% | ||
| 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 Zenith Computers Limited, buy the company report.
Board of directors of Zenith Computers Limited
Zenith Computers has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manju Ajay Bhartia | Director | 14 Aug 2015 | 11 Years 2 Months | As last reported |
| Rajkumar Jugalkishor Saraf Also directs: Zenith World Technologies Private Limited, View Builders & Developers Private Limited, Zenith Software Private Limited and 2 more | Managing Director | 20 May 1980 | 46 Years 5 Months | As last reported |
Auditor
Zenith Computers Limited is audited by C L KHANNA & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C L KHANNA & CO | FY 2017 | 105076W |
Shareholding
The shareholding of Zenith Computers Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Zenith Computers Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Aug 2010 | 10236324 | Indian Bank | ₹20 Cr | Open | |
| 02 Mar 2010 | 10209222 | Indian Bank | ₹20 Cr | Open | |
| 22 Jun 1996 | 90150383 | Others | ₹30 Lakh | Open | |
| 12 Jan 1996 | 90150346 | State Bank of India | ₹50 Lakh | Open | |
| 06 Apr 1994 | 90151404 | Others | ₹7.24 Cr | Open |
To see the full charge records of Zenith Computers Limited, buy the company report.
Total charge records: 17 View all charges
Deals & funding
Zenith Computers Limited has 9 deals on record (9 market trades); the latest was in April 2011.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2011 | Market trade | ₹46.6 Lakh | Seller: Citigroup Global Markets Mauritius Private Limited, an individual |
| Apr 2011 | Market trade | ₹63.7 Lakh | Seller: Citigroup Global Markets Mauritius Private Limited |
| Aug 2010 | Market trade | ₹47.1 Lakh | Seller: an individual |
| Aug 2010 | Market trade | ₹63.8 Lakh | Buyer: an individual Seller: 2 individuals |
| Dec 2005 | Market trade | ₹59.7 Lakh | Buyer: H J Securities Private Limited Seller: H J Securities Private Limited |
To see the full deal history of Zenith Computers 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
Zenith Computers Limited has 93 court cases on record: 40 filed by Zenith Computers, 53 filed against it. 8 cases are pending and 85 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 52 | 27 | 4 |
| District courts | 36 | 22 | 4 |
| Supreme Court | 5 | 4 | 0 |
Cases on record (5 of 93)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against New India Assurance Co. Ltd. and Anr. | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Bhumi Solution Pvt.Ltd. | Pending |
| Bombay High Court | Appeal | Filed by the company against Courcan Cargo (India) Pvt. Ltd. | Disposed |
| High Court | Writ petition | Filed by the company against The Federal Bank Limited and 4 others | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Gujarat Informatics Ltd. | Disposed |
To see the full case history of Zenith Computers 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 Zenith Computers Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Zenith Computers has 9 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Zenith Computers Limited, buy the company report.
Recent activity
Zenith Computers Limited has 14 board changes on record since 1980: 8 appointments and 6 cessations. The latest: Vijay Ramchandra Mukhi ceased to be Director on 26 Oct 2017.
33 earlier events are in the company report.
Frequently asked questions
Zenith Computers has been "Dissolved (Liquidated)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Zenith Computers was a public limited company based in Navi Mumbai, Maharashtra, India. The company worked in computer hardware manufacturing and retail, within the information technology industry. It was incorporated on 20 May 1980 and is registered under CIN L72900MH1980PLC022652. The company is recorded as dissolved (liquidated) in MCA records and no longer exists as a legal entity.
Zenith Computers was incorporated on 20 May 1980. It is registered with the Registrar of Companies, Mumbai.
Zenith Computers had 2 directors:
- Rajkumar Jugalkishor Saraf - Managing Director
- Manju Ajay Bhartia - Director
The CIN (Corporate Identification Number) of Zenith Computers is L72900MH1980PLC022652. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Zenith Computers is recorded as a listed company by MCA, but its shares were delisted from NSE on 18 Mar 2016 · voluntary delisting and trading in them on BSE (517164) has been suspended, so they do not currently trade on a stock exchange.
The registered office of Zenith Computers is at Plot. No. El 117 I Floor Ttc Area MIDC Mahape, Navi Mumbai, Maharashtra, India – 400710.
Zenith Computers can be reached through the website zenithpc.com. Its registered office is in Navi Mumbai, Maharashtra, India.
The latest financial statements of Zenith Computers on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Zenith Computers has 9 GST registrations on record and all of them are cancelled or inactive.
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