About Zigma Brushes Private Limited
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Zigma Brushes Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 28 September 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36999GJ2000PTC038714. Its GSTIN is 24AAACZ1230G1ZT (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Aftab Shakirhusein Bandukwala (Managing Director) and Yusuf Fakhruddin Joint.
Its last annual general meeting (AGM) was held on 09 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Amanlal Dahyabhai'S Chwalopp. Nutan Mills Anil Road Saraspur, Ahmedabad, Gujarat, India.
As per the financials filed for FY 2022, the company reported a revenue of ₹89,999. For the same year it recorded a net loss of ₹1.99 Lakh (net margin -221.2%) and EBITDA of -₹1.98 Lakh (EBITDA margin -220.1%). Revenue has declined at a compounded annual rate (CAGR) of 53% over five years.
As per MCA filings, the company has satisfied charges of ₹10 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website zigmaproducts.com.
Company details
Contact details
Zigma Brushes Private Limited's registered office is in Ahmedabad, Gujarat. Its website is zigmaproducts.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressAmanlal Dahyabhai'S Chwalopp. Nutan Mills Anil Road Saraspur, Ahmedabad, Gujarat, India
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Zigma Brushes 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
Financials of Zigma Brushes Private Limited
FY 2022 filings availableZigma Brushes Private Limited reported revenue of ₹89,999 for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 53% over five years. EBITDA fell 395% 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
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| EBITDA | -₹1.98 Lakh | ||||
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| Net Profit (PAT) | -₹1.99 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | -220.1% | ||||
| Net Profit Margin | -221.2% | ||||
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To see the full financial statements and ratios of Zigma Brushes Private Limited, buy the company report.
Board of directors of Zigma Brushes Private Limited
Zigma Brushes has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aftab Shakirhusein Bandukwala Also directs: Iris Conaids Private Limited | Managing Director | 28 Sep 2000 | 26 Years 0 Months | Current |
| Yusuf Fakhruddin Joint | Additional Director | 10 Dec 2022 | 3 Years 10 Months | Current |
Auditor
Zigma Brushes Private Limited is audited by D A RUPAWALA & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D A RUPAWALA & ASSOCIATES | FY 2017 | 108902W |
Shareholding
The shareholding of Zigma Brushes 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 Zigma Brushes Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Feb 2003 | 90106711 | Vijaya Bank | ₹10 Lakh | Satisfied |
To see the full charge records of Zigma Brushes Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Zigma Brushes 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 Zigma Brushes Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Zigma Brushes has 2 associated companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
GST
Zigma Brushes has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACZ1230G1ZT | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Zigma Brushes Private Limited, buy the company report.
Recent activity
Zigma Brushes Private Limited has 6 board changes on record since 2000: 2 appointments and 4 cessations. The latest: Yusuf Fakhruddin Joint was appointed as Additional Director on 10 Dec 2022.
Frequently asked questions
Zigma Brushes is an active private limited company based in Ahmedabad, Gujarat, India. The company works in other wholesale, within the trading industry. It was incorporated on 28 September 2000 (26+ years old) and is registered under CIN U36999GJ2000PTC038714.
Zigma Brushes has 2 current directors:
- Aftab Shakirhusein Bandukwala - Managing Director
- Yusuf Fakhruddin Joint - Additional Director
The latest financial statements of Zigma Brushes on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 09 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Zigma Brushes is 24AAACZ1230G1ZT, registered in Gujarat.
The CIN (Corporate Identification Number) of Zigma Brushes is U36999GJ2000PTC038714. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Zigma Brushes was incorporated on 28 September 2000, making it 26+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Yusuf Fakhruddin Joint was appointed as Additional Director on 10 Dec 2022. Zainul Aftab Bandukwala ceased to be Additional Director on 31 Dec 2020. Sakirhusen Satyadhusen Bandukwala ceased to be Director on 14 Sep 2020. Zigma Brushes has 6 board changes on record in total.
Zigma Brushes can be reached through the website zigmaproducts.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Zigma Brushes is at Amanlal DahyabhaiS Chwalopp. Nutan Mills Anil Road Saraspur, Ahmedabad, Gujarat, India.
Zigma Brushes operates in the trading industry, in the other wholesale segment.