Zerobalance Technologies Private Limited
About Zerobalance Technologies Private Limited
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Zerobalance Technologies Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 03 August 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2021PTC124600.
The company has an authorised share capital of ₹27.5 Lakh and a paid-up capital of ₹25.52 Lakh. It is led by directors Yaagni Sandip Raolji (Managing Director) and Parth Vipul Shah (Managing Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at F/402 Satva Nr. Shantivan Bus Stop Shantivan Paldi, Ahmedabad, Gujarat, India – 380007.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.23 Lakh, a growth of 56% compared to the previous year. For the same year it recorded a net loss of ₹38.52 Lakh and EBITDA of -₹28.71 Lakh.
The company is associated with 1 brand: GoldPe. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹71.1 Lakh; the latest was in July 2022. Its 10 peer companies in the same principal business activity (Data processing, hosting and related activities; web portal) are compared by revenue, 5 larger and 5 smaller; the largest is Astika Global Management Private Limited.
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- Registered AddressF/402 Satva Nr. Shantivan Bus Stop Shantivan Paldi, Ahmedabad, Gujarat, India – 380007
- IndustryInformation Technology, Other Computer Related Activities
- 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
- One PDF report, delivered after checkout
Business Activity of Zerobalance Technologies Private Limited
The main business activity of Zerobalance Technologies is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Zerobalance Technologies Private Limited FY 2024 filings available
Zerobalance Technologies Private Limited reported revenue of ₹2.23 Lakh (up 56% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Zerobalance Technologies Private Limited
Revenue rose 56% in the latest year. EBITDA rose 15% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Zerobalance Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | -₹28.71 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹38.52 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 of Zerobalance Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | •••• | •••• | •••• |
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 Zerobalance Technologies are in the company report.
Financial statements from FY 2022
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Zerobalance Technologies Private Limited
Zerobalance Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Data processing, hosting and related activities; web portal). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Astika Global Management Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Lead Flex Private Limited | •••• | •••• | •••• | •••• | - | Jogeshwari West, Maharashtra, India |
| Associated Overseas Corpn Pvt Ltd | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Rihtan Technologies Private Limited | •••• | •••• | •••• | •••• | - | Vellore, Tamil Nadu, India |
| Nanotech Web Solutions India Private Limited | •••• | •••• | •••• | •••• | - | Sivakasi, Tamil Nadu, India |
| Zerobalance Technologies Private Limited this company | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Little Things Bling Boutique Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Express Vincom Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Mubie Infotech Private Limited | •••• | •••• | •••• | •••• | - | Bhavnagar, Gujarat, India |
| BB Infosolutions Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Patliputra Technocrats and Consultants Private Limited | •••• | •••• | •••• | •••• | - | Patna, Bihar, India |
Peers are the five companies nearest above and the five nearest below Zerobalance Technologies by revenue in the same principal business activity (Data processing, hosting and related activities; web portal), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Board of Directors of Zerobalance Technologies Private Limited
Zerobalance Technologies has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yaagni Sandip Raolji | Managing Director | 17 Feb 2022 | 4 Years 7 Months | Current |
| Parth Vipul Shah | Managing Director | 17 Feb 2022 | 4 Years 7 Months | Current |
Charges & Borrowings of Zerobalance Technologies Private Limited
Zerobalance Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Zerobalance Technologies Private Limited
Zerobalance Technologies Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹71.1 Lakh; the latest was in July 2022.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2022 | Funding round | ₹46.1 Lakh | Investors: Legax Tech LLP , 3 individuals |
| Mar 2022 | Funding round | ₹25 Lakh | Investors: 100X.VC |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Zerobalance Technologies Private Limited
Zerobalance Technologies operates one associated brand: GoldPe. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers a reward-based savings app to promote user financial growth. | goldpe.app |
Employees and EPFO Compliance at Zerobalance Technologies Private Limited
Employment history and EPFO contributions of people linked to Zerobalance Technologies.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Zerobalance Technologies Private Limited
Zerobalance Technologies Private Limited has 4 board changes on record since 2022: 2 appointments and 2 cessations. The latest: Alka Girish Shah ceased to be Director on 25 Feb 2022.
Credit Ratings, Litigation & Regulatory Alerts for Zerobalance Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Zerobalance Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Zerobalance Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Zerobalance Technologies Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Zerobalance Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Zerobalance Technologies Private Limited
Zerobalance Technologies is an active private limited company based in Ahmedabad, Gujarat, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 03 August 2021 (5+ years old) and is registered under CIN U72900GJ2021PTC124600.
Zerobalance Technologies reported revenue of ₹2.23 Lakh for FY 2024 (up 56% YoY).
Zerobalance Technologies has 2 current directors:
- Yaagni Sandip Raolji - Managing Director
- Parth Vipul Shah - Managing Director
Zerobalance Technologies reported a net loss of ₹38.52 Lakh and EBITDA of -₹28.71 Lakh for FY 2024, as per its filed financial statements.
The CIN (Corporate Identification Number) of Zerobalance Technologies is U72900GJ2021PTC124600. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Zerobalance Technologies was incorporated on 03 August 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Zerobalance Technologies has 2 deals on record (2 funding rounds), with disclosed funding of ₹71.1 Lakh; the latest was in July 2022.
The peers of Zerobalance Technologies by revenue are Astika Global Management Private Limited, Lead Flex Private Limited, Associated Overseas Corpn Pvt Ltd, Rihtan Technologies Private Limited, Nanotech Web Solutions India Private Limited and 5 more, all in the same principal business activity (Data processing, hosting and related activities; web portal).
Alka Girish Shah ceased to be Director on 25 Feb 2022. Neel Girishkumar Shah ceased to be Director on 25 Feb 2022. Parth Vipul Shah was appointed as Managing Director on 17 Feb 2022. Zerobalance Technologies has 4 board changes on record in total.
Yes, Zerobalance Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Zerobalance Technologies is at F402 Satva Nr. Shantivan Bus Stop Shantivan Paldi, Ahmedabad, Gujarat, India – 380007.