About Zenith Credit Private Ltd.
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Zenith Credit Private Ltd. is a private limited company based in Kolkata, West Bengal, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 29 August 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U17299WB1988PTC045065. Its GSTIN is 19AAACZ0816C1ZM (West Bengal).
The company has an authorised share capital of ₹4.1 Cr and a paid-up capital of ₹4.01 Cr. It was formerly known as Zenith Credit Ltd. It is led by directors including Piyush Loyalka and Vasudha Loyalka.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Kolkata, West Bengal.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.96 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹80.06 Lakh (net margin 27%) and EBITDA of ₹1.24 Cr (EBITDA margin 41.7%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 1% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Zenith Credit. As per MCA filings, the company has open charges of ₹3.3 Lakh and satisfied charges of ₹1.85 Cr on record. Court records list 630 cases involving the company, including 596 filed by the company and 35 filed against it; 80 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website zenithcreditltd.com.
Company details
CIN history
Zenith Credit has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U17299WB1988PTC045065, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17299WB1988PTC045065 | Current |
| L17299WB1988PLC045065 | Previous |
| U17299WB1988PLC045065 | Previous |
Contact details
Zenith Credit Private Ltd.'s registered office is in Kolkata, West Bengal.
- Registered Address19 R N Mukherjee Road, 2nd Floor, Kolkata, West Bengal, India – 700001
- IndustryFinancial Services, NBFC
- 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
Zenith Credit operates one associated brand: Zenith Credit. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Limited information available | zenithcreditltd.com |
Business activity
The main business activity of Zenith Credit is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Zenith Credit Private Ltd., buy the company report.
Financials of Zenith Credit Private Ltd.
FY 2025 filings availableZenith Credit Private Ltd. reported revenue of ₹2.96 Cr (down 12% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 35% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.24 Cr | ||||
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| Net Profit (PAT) | ₹80.06 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 41.7% | ||||
| Net Profit Margin | 27% | ||||
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To see the full financial statements and ratios of Zenith Credit Private Ltd., buy the company report.
Board of directors of Zenith Credit Private Ltd.
Zenith Credit has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Piyush Loyalka Also directs: Silverlight Consulting LLP | Director | 01 Jan 2011 | 15 Years 9 Months | Current |
| Vasudha Loyalka Also directs: Sunirmay Vinimay Pvt. Ltd., Ankit Commerce Private Ltd | Director | 11 Nov 2011 | 14 Years 11 Months | Current |
| Madan Lal Sharma Also directs: Amritvani Vincom Private Limited, Precious Tie Up Private Limited, Samarpan Tradecom Private Limited and 5 more | Director | 30 Oct 2009 | 16 Years 11 Months | Current |
Peer comparison
Zenith Credit Private Ltd. is compared with the 3 companies closest to it by revenue in the BFSI industry (NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Zenith Credit Private Ltd.this company | ₹2.96 Cr (FY 2024) | ₹80.06 Lakh | 27% | -12.0% | Kolkata, West Bengal, India | |
| Venture Finance & Development Corporation Limited. | ₹2.9 Cr (FY 2024) | 1153.0% | Hyderabad, Telangana, India | |||
| Sunpoint Trading Limited | ₹2.85 Cr (FY 2019) | -69.0% | Ahmedabad, Gujarat, India | |||
| Oscar Investments Limited | ₹2.76 Cr (FY 2018) | -99.0% | New Delhi, Delhi, India |
To see the full peer comparison of Zenith Credit Private Ltd., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jun 1997 | 90250227 | Canara Bank | ₹3.3 Lakh | Open | |
| 20 Apr 2017 | 100096862 | Others | ₹80 Lakh | Satisfied | |
| 22 Dec 2016 | 100072716 | Hdfc Bank Limited | ₹4.9 Lakh | Satisfied | |
| 12 Dec 1989 | 90249846 | Allahabad Bank | ₹1 Cr | Satisfied |
To see the full charge records of Zenith Credit Private Ltd., buy the company report.
Total charge records: 4 View all charges
Legal cases
Zenith Credit Private Ltd. has 630 court cases on record: 596 filed by Zenith Credit, 35 filed against it. 80 cases are pending and 550 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 567 | 20 | 77 |
| High courts | 63 | 15 | 3 |
Cases on record (5 of 630)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Interim or miscellaneous application | Filed against the company by Zenith Credit Limited | Disposed |
| High Court of Karnataka | Court case (RP) | Filed against the company by an individual | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against individuals | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against individuals | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against individuals | Pending |
To see the full case history of Zenith Credit Private Ltd., 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 Credit Private Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Zenith Credit has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACZ0816C1ZM | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Zenith Credit Private Ltd., buy the company report.
Recent activity
Zenith Credit Private Ltd. has 16 board changes on record since 2007: 3 appointments and 13 cessations. The latest: Gajanand Sharma ceased to be Director on 25 Aug 2025.
15 earlier events are in the company report.
Frequently asked questions
Zenith Credit is an active private limited company based in Kolkata, West Bengal, India. The company works in nbfc, within the financial services industry. It was incorporated on 29 August 1988 (38+ years old) and is registered under CIN U17299WB1988PTC045065.
Zenith Credit has 3 current directors:
- Piyush Loyalka - Director
- Vasudha Loyalka - Director
- Madan Lal Sharma - Director
The latest financial statements of Zenith Credit on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Zenith Credit is 19AAACZ0816C1ZM, registered in West Bengal.
The CIN (Corporate Identification Number) of Zenith Credit is U17299WB1988PTC045065. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Zenith Credit has 630 court cases on record: 596 filed by the company and 35 filed against it. 80 are pending. Most are in the district courts.
Zenith Credit was incorporated on 29 August 1988, making it 38+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Zenith Credit by revenue are Venture Finance & Development Corporation Limited, Sunpoint Trading Limited, Oscar Investments Limited, all in the BFSI industry (NBFC), with the same principal business activity (other financial activities).
Gajanand Sharma ceased to be Director on 25 Aug 2025. Bijay Kumar Loyalka ceased to be CFO on 05 Oct 2021. Biswanath Banerjee ceased to be Director on 05 Oct 2021. Zenith Credit has 16 board changes on record in total.
Zenith Credit can be reached through the website zenithcreditltd.com. Its registered office is in Kolkata, West Bengal, India.
The registered office of Zenith Credit is at 19 R N Mukherjee Road, 2nd Floor, Kolkata, West Bengal, India – 700001.