About Zenith Infotech Limited
Data last updated:
Zenith Infotech Limited is a public limited company based in Navi Mumbai, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 31 December 1996.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L30000MH1996PLC102705. It is recorded as listed by MCA, but its shares were delisted from NSE on 02 Jul 2018 · winding up and from BSE on 14 Feb 2020 · winding up, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹12.68 Cr. It is led by directors including Akash Rajkumar Saraf (Managing Director) and Rajkumar Jugalkishor Saraf.
Its last annual general meeting (AGM) was held on 29 March 2014, and its latest financial statements are for the year ended 30 September 2013. The registered office is at Gala No. 9 Ground Floor Building No. 2 Sector 3 Millennium Business Park Mahape, Navi Mumbai, Maharashtra, India – 400710.
The company is associated with 1 brand: Zenith India. As per MCA filings, the company has open charges of ₹1 Cr and satisfied charges of ₹58.47 Cr on record. Court records list 109 cases involving the company, including 25 filed by the company and 84 filed against it; 13 cases are pending. The company has 17 deals on record (16 market trades, 1 secondary share transfer); the latest was in March 2014.
The last known website on record is zenithinfotech.com.sg.
Company details
Contact details
Zenith Infotech Limited's registered office is in Navi Mumbai, Maharashtra.
- Registered AddressGala No. 9 Ground Floor Building No. 2 Sector 3 Millennium Business Park Mahape, Navi Mumbai, Maharashtra, India – 400710
- IndustryInformation Technology, Application Development & Software Solutions, Electronic Components & Equipment Manufacturing
- 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 Infotech operates one associated brand: Zenith India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Limited information available | zenith-india.com |
Financials of Zenith Infotech Limited
FY 2013 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Zenith Infotech Limited, buy the company report.
Board of directors of Zenith Infotech Limited
Zenith Infotech has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajkumar Jugalkishor Saraf Also directs: Zenith World Technologies Private Limited, View Builders & Developers Private Limited, Zenith Software Private Limited and 2 more | Director | 31 Dec 1996 | 29 Years 9 Months | As last reported |
| Akash Rajkumar Saraf | Managing Director | 30 Jan 2001 | 25 Years 8 Months | As last reported |
| Vijay Ramchandra Mukhi | Director | 20 Jun 1999 | 27 Years 4 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jul 2001 | 90150908 | State Bank of India | ₹1 Cr | Open | |
| 02 Aug 2010 | 10236955 | Standard Chartered Bank | ₹29.67 Cr | Satisfied | |
| 15 Jul 2002 | 90150996 | State Bank of India | ₹17.3 Cr | Satisfied | |
| 31 Dec 1999 | 90150749 | Export-Import Bank of India | ₹11.5 Cr | Satisfied |
To see the full charge records of Zenith Infotech Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Zenith Infotech Limited has 17 deals on record (16 market trades, 1 secondary share transfer); the latest was in March 2014.
Deals on record (5 of 17)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2014 | Market trade | ₹1.3 Lakh | Buyer: Banhem Stock Broking Private Limited Seller: Ninja Securities Private Limited |
| Dec 2012 | Market trade | ₹37 Lakh | Buyer: Cresta Fund Ltd Seller: Saloo Investments and Consultants Limited |
| Oct 2011 | Market trade | ₹35.9 Lakh | Buyer: Saloo Investments and Consultants Limited |
| Dec 2008 | Market trade | ₹2.97 Cr | Buyer: Raj Kumar Saraf Huf Seller: Soyumm Marketing Private Limited |
| Dec 2008 | Market trade | ₹9.72 Cr | Buyer: Vu Technologies Private Limited , Raj Kumar Saraf Huf Seller: Kadoli Investment Ltd., Soyumm Marketing Private Limited |
To see the full deal history of Zenith Infotech 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 Infotech Limited has 109 court cases on record: 25 filed by Zenith Infotech, 84 filed against it. 13 cases are pending and 96 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 88 | 71 | 13 |
| District courts | 17 | 11 | 0 |
| Supreme Court | 4 | 2 | 0 |
Cases on record (5 of 109)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Appeal | Filed against the company by Icici Bank Limited | Disposed |
| Bombay High Court | Appeal | Filed against the company by The Tata Power Company Ltd | Disposed |
| Bombay High Court | Appeal | Filed against the company by V. U. Technologies Pvt. Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against Ankur Drugs and Pharma Ltd and Other | Disposed |
| Bombay High Court | Company petition | Filed by the company against Ankur Drugs and Pharma Ltd.- L24230mh1995plc085410 | Disposed |
To see the full case history of Zenith Infotech 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 Infotech Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Zenith Infotech Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Zenith Infotech Limited has 9 board changes on record since 1996: 6 appointments and 3 cessations. The latest: Vipin Maneklal Shah ceased to be Director on 11 Sep 2013.
10 earlier events are in the company report.
Frequently asked questions
Zenith Infotech is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Zenith Infotech is a company under liquidation, formerly operating as a public limited company based in Navi Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 31 December 1996 and is registered under CIN L30000MH1996PLC102705. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Zenith Infotech has 3 current directors:
- Akash Rajkumar Saraf - Managing Director
- Rajkumar Jugalkishor Saraf - Director
- Vijay Ramchandra Mukhi - Director
The latest financial statements of Zenith Infotech on record with the MCA are for the year ended 30 September 2013. Its last annual general meeting was held on 29 March 2014. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Zenith Infotech is L30000MH1996PLC102705. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Zenith Infotech is recorded as a listed company by MCA, but its shares were delisted from NSE on 02 Jul 2018 · winding up and from BSE on 14 Feb 2020 · winding up, and no longer trade on a stock exchange.
Zenith Infotech has open charges of ₹1 Cr and satisfied charges of ₹58.47 Cr as per latest MCA filings.
Zenith Infotech has 109 court cases on record: 25 filed by the company and 84 filed against it. 13 are pending. Most are in the high courts.
Zenith Infotech was incorporated on 31 December 1996. It is registered with the Registrar of Companies, Mumbai.
Zenith Infotech has 17 deals on record (16 market trades, 1 secondary share transfer); the latest was in March 2014.