Zigma Distributors Private Limited
About Zigma Distributors Private Limited
Data last updated:
Zigma Distributors Private Limited was a private limited company based in Kolkata, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 07 March 2005.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U51102WB2005PTC102098.
The company had an authorised share capital of ₹30 Lakh and a paid-up capital of ₹27.65 Lakh. It was led by directors Vikash Kandoi and Maitreyi Kandoi.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 15 India Exchange Place 3rd Floor, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2019, the company reported a revenue of ₹11 Lakh, a decline of 32% compared to the previous year. For the same year it recorded a net loss of ₹23.75 Lakh (net margin -215.9%) and EBITDA of ₹8.58 Lakh (EBITDA margin 78%). Revenue has declined at a compounded annual rate (CAGR) of 40% over three years.
Court records list 4 cases involving the company, including 4 filed by the company; 3 cases are pending.
Company details
Contact details
Zigma Distributors Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address15 India Exchange Place 3rd Floor, Kolkata, West Bengal, India – 700001
- IndustryFinancial Services, Financial Activities
To see the full contact details of Zigma Distributors 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 Zigma Distributors 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 Zigma Distributors Private Limited, buy the company report.
Financials of Zigma Distributors Private Limited
FY 2018 filings availableZigma Distributors Private Limited reported revenue of ₹11 Lakh (down 32% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 40% over three years, including a 32% fall in the latest year. EBITDA fell 33% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹11 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹8.58 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹23.75 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 78% | ||||
| Net Profit Margin | -215.9% | ||||
| 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 Zigma Distributors Private Limited, buy the company report.
Board of directors of Zigma Distributors Private Limited
Zigma Distributors 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 |
|---|---|---|---|---|
| Vikash Kandoi Also directs: MPK Jumpstart LLP, Indo Asian Commodities Private Limited, Swadeshi Tradecom Private Limited and 5 more | Director | 25 Aug 2014 | 12 Years 1 Months | As last reported |
| Maitreyi Kandoi Also directs: Advitkarma Enterprises LLP, MPK Jumpstart LLP, Fairdeal Tradecom Limited Liability Partnership and 5 more | Director | 07 Jul 2008 | 18 Years 3 Months | As last reported |
Peer comparison
Zigma Distributors Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Iccm Overseas Limited | ₹11.01 Lakh (FY 2018) | -8.0% | Indore, Madhya Pradesh, India | |||
| Vhind Share and Protect Nidhi Limited | ₹11.01 Lakh (FY 2022) | -15.0% | Cherthala, Kerala, India | |||
| Prachur Traders Pvt Ltd | ₹11 Lakh (FY 2025) | 7.0% | Kolkata, West Bengal, India | |||
| Namaste Loans Private Limited | ₹11 Lakh (FY 2023) | 12.0% | Ahmedabad, Gujarat, India | |||
| M C M Investments and Finance Limited | ₹11 Lakh (FY 2018) | 56.0% | Coimbatore, Tamil Nadu, India | |||
| Zigma Distributors Private Limitedthis company | ₹11 Lakh (FY 2019) | -₹23.75 Lakh | -215.9% | -32.0% | Kolkata, West Bengal, India | |
| Tuvik Investments Private Limited | ₹11 Lakh (FY 2017) | Mumbai, Maharashtra, India | ||||
| Nigolice Trading Pvt Ltd | ₹11 Lakh (FY 2024) | 10.0% | Kolkata, West Bengal, India | |||
| Finaptech Financial Services Private Limited | ₹11 Lakh (FY 2024) | -54.0% | New Delhi, Delhi, India | |||
| Finnov India Development Center Private Limited | ₹10.99 Lakh (FY 2025) | -37.0% | Indore, Madhya Pradesh, India | |||
| Camino Trade and Investment Pvt Ltd | ₹10.99 Lakh (FY 2025) | 1.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Zigma Distributors Private Limited, buy the company report.
Shareholding
The shareholding of Zigma Distributors 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 Distributors Private Limited, buy the company report.
Legal cases
Zigma Distributors Private Limited has 4 court cases on record: 4 filed by Zigma Distributors. 3 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 3 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Ms Surya Pharmaceutical Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Amar Remedies Ltd. | Pending |
| High Court of Delhi | Court case (CO.PET.) | Filed by the company against Surya Pharmaceutical Ltd | Disposed |
To see the full case history of Zigma Distributors Private 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 Zigma Distributors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Zigma Distributors has 1 associated company. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Zigma Distributors Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Zigma Distributors Private Limited has 6 board changes on record since 2008: 2 appointments and 4 cessations. The latest: Vikash Kandoi ceased to be Additional Director on 30 Sep 2014.
Frequently asked questions
Zigma Distributors has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Zigma Distributors was a private limited company based in Kolkata, West Bengal, India. The company worked in financial activities, within the financial services industry. It was incorporated on 07 March 2005 and is registered under CIN U51102WB2005PTC102098. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Zigma Distributors was incorporated on 07 March 2005. It is registered with the Registrar of Companies, Kolkata.
Zigma Distributors had 2 directors:
- Vikash Kandoi - Director
- Maitreyi Kandoi - Director
The CIN (Corporate Identification Number) of Zigma Distributors is U51102WB2005PTC102098. 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 Zigma Distributors is at 15 India Exchange Place 3rd Floor, Kolkata, West Bengal, India – 700001.
The latest financial statements of Zigma Distributors on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
Zigma Distributors operated in the financial services industry, in the financial activities segment.
The peers of Zigma Distributors by revenue are Iccm Overseas Limited, Vhind Share and Protect Nidhi Limited, Prachur Traders Pvt Ltd, Namaste Loans Private Limited, M C M Investments and Finance Limited and 5 more, all in the same principal business activity (other financial activities).
Zigma Distributors has 4 court cases on record: 4 filed by the company. 3 are pending. Most are in the district courts.
Vikash Kandoi ceased to be Additional Director on 30 Sep 2014. Jayantika Jatia ceased to be Director on 25 Aug 2014. Vikash Kandoi was appointed as Director on 25 Aug 2014. Zigma Distributors has 6 board changes on record in total.