About Zest Infotech Solutions Private Limited
Data last updated:
Zest Infotech Solutions Private Limited was a private limited company based in Pune, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the computer programming segment of the technology and IT services sector. It was incorporated on 27 July 2010.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2010PTC136947. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Veena Prakash Ghatpande and Arati Prasad Deshpande.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at B – 12 S. No. 16/1B Swapna Mandir Soc. Erandwane, Pune, Maharashtra, India – 411004.
As per the financials filed for FY 2017, the company reported a revenue of ₹2.49 Lakh, a decline of 87% compared to the previous year. For the same year it recorded a net loss of ₹6,486 (net margin -2.6%) and EBITDA of -₹1.71 Lakh (EBITDA margin -68.6%).
The last known website on record is zestinfotech.com.
Company details
Contact details
Zest Infotech Solutions Private Limited's registered office is in Pune, Maharashtra. Its website is zestinfotech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 12 S. No. 16/1B Swapna Mandir Soc. Erandwane, Pune, Maharashtra, India – 411004
- IndustryInformation Technology, Computer Programming, Consultancy
To see the full contact details of Zest Infotech Solutions Private 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
Business activity
The main business activity of Zest Infotech Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
Financials of Zest Infotech Solutions Private Limited
FY 2019 filings availableZest Infotech Solutions Private Limited reported revenue of ₹2.49 Lakh (down 87% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 87% in the latest 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 | ₹2.49 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹1.71 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹6,486 | ||
| 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 | -68.6% | ||
| Net Profit Margin | -2.6% | ||
| 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 Zest Infotech Solutions Private Limited, buy the company report.
Board of directors of Zest Infotech Solutions Private Limited
Zest Infotech Solutions 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 |
|---|---|---|---|---|
| Veena Prakash Ghatpande | Director | 01 Jan 2015 | 11 Years 10 Months | As last reported |
| Arati Prasad Deshpande | Director | 07 Dec 2015 | 10 Years 10 Months | As last reported |
Auditor
Zest Infotech Solutions Private Limited is audited by S A LIMAYE & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S A LIMAYE & CO | FY 2017 | 114994W |
Shareholding
The shareholding of Zest Infotech Solutions Private 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 Zest Infotech Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Zest Infotech Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Zest Infotech Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Zest Infotech Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Zest Infotech Solutions Private Limited, buy the company report.
Recent activity
Zest Infotech Solutions Private Limited has 9 board changes on record since 2011: 2 appointments and 7 cessations. The latest: Arati Prasad Deshpande ceased to be Additional Director on 30 Sep 2016.
Frequently asked questions
Zest Infotech Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Zest Infotech Solutions was a private limited company based in Pune, Maharashtra, India. The company worked in computer programming, within the information technology industry. It was incorporated on 27 July 2010 and is registered under CIN U72900PN2010PTC136947. The company has been struck off by the Registrar of Companies and is no longer operational.
Zest Infotech Solutions had 2 directors:
- Veena Prakash Ghatpande - Director
- Arati Prasad Deshpande - Director
The CIN (Corporate Identification Number) of Zest Infotech Solutions is U72900PN2010PTC136947. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Zest Infotech Solutions is at B – 12 S. No. 161B Swapna Mandir Soc. Erandwane, Pune, Maharashtra, India – 411004.
Zest Infotech Solutions was incorporated on 27 July 2010. It is registered with the Registrar of Companies, Pune.
Zest Infotech Solutions can be reached through the website zestinfotech.com. Its registered office is in Pune, Maharashtra, India.
The latest financial statements of Zest Infotech Solutions on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Zest Infotech Solutions has 1 GST registration on record and it is cancelled or inactive.
Zest Infotech Solutions operated in the information technology industry, in the computer programming segment. It worked in this industry before it was struck off.
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