Zigma Laminates and Systems Private Limited
About Zigma Laminates and Systems Private Limited
Data last updated:
Zigma Laminates and Systems Private Limited was a private limited company based in Sinnar, Maharashtra, India, operated as a subsidiary of Zenith Metaplast Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the wood products and mdf segment of the manufacturing sector. It was incorporated on 28 March 2005.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U28112MH2005PTC152212. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Cr and a paid-up capital of ₹80 Lakh. It was led by directors including Vijaykumar Ramchandran Unnithan and Rafeeq Nabilal Sombare.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Plot No. E – 15 MIDC Malegaon, Sinnar, Maharashtra, India – 422103.
As per the financials filed for FY 2017, the company reported a revenue of ₹15.39 Cr, a decline of 41% compared to the previous year. For the same year it recorded a net loss of ₹4.29 Cr (net margin -27.9%) and EBITDA of -₹1.57 Cr (EBITDA margin -10.2%).
The company had about 73 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹9 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Company details
CIN history
Zigma Laminates and Systems has one previous CIN (Corporate Identification Number): U24230MH2005PTC152212. The current CIN is U28112MH2005PTC152212, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28112MH2005PTC152212 | Current |
| U24230MH2005PTC152212 | Previous |
Contact details
Zigma Laminates and Systems Private Limited's registered office is in Sinnar, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No. E – 15 MIDC Malegaon, Sinnar, Maharashtra, India – 422103
- IndustryManufacturing, Wood Products & MDF
To see the full contact details of Zigma Laminates and Systems 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 Laminates and Systems is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Zigma Laminates and Systems Private Limited, buy the company report.
Financials of Zigma Laminates and Systems Private Limited
FY 2017 filings availableZigma Laminates and Systems Private Limited reported revenue of ₹15.39 Cr (down 41% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 41% in the latest year. EBITDA fell 151% 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 | ₹15.39 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹1.57 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹4.29 Cr | ||
| 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 | -10.2% | ||
| Net Profit Margin | -27.9% | ||
| 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 Laminates and Systems Private Limited, buy the company report.
Board of directors of Zigma Laminates and Systems Private Limited
Zigma Laminates and Systems has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Gopalkrishnan Chelur | Additional Director | 02 Dec 2009 | 16 Years 10 Months | As last reported |
| Vijaykumar Ramchandran Unnithan | Director | 01 Mar 2010 | 16 Years 7 Months | As last reported |
| Rafeeq Nabilal Sombare | Director | 11 Feb 2010 | 16 Years 8 Months | As last reported |
Peer comparison
Zigma Laminates and Systems Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gandhidham Woods Private Limited | ₹15.56 Cr (FY 2025) | 156.0% | Gandhidham, Gujarat, India | |||
| Vishal Saw Cum Veneer Mills Private Limited | ₹15.53 Cr (FY 2025) | 41.0% | Shillong, Meghalaya, India | |||
| TSK Ply & Veneer Industries Private Limited | ₹15.52 Cr (FY 2025) | 80.0% | New Delhi, Delhi, India | |||
| Zigma Laminates and Systems Private Limitedthis company | ₹15.39 Cr (FY 2017) | -₹4.29 Cr | -27.9% | -41.0% | 73 | Sinnar, Maharashtra, India |
| Best Bins & Pallets Private Limited | ₹15.24 Cr (FY 2018) | 9.0% | Ahmedabad, Gujarat, India | |||
| Central India Veneers Private Limited | ₹15.22 Cr (FY 2024) | -9.0% | Nagpur, Maharashtra, India | |||
| Veenashree Foam & Furnishing Private Limited | ₹15.19 Cr (FY 2024) | 2.0% | Jaipur, Rajasthan, India | |||
| Arkay Doors Private Limited | ₹15.09 Cr (FY 2025) | 10.0% | New Delhi, Delhi, India |
To see the full peer comparison of Zigma Laminates and Systems Private Limited, buy the company report.
Auditor
Zigma Laminates and Systems Private Limited is audited by PATEL KALANTRI & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PATEL KALANTRI & ASSOCIATES | FY 2017 | 112273W |
Shareholding
The shareholding of Zigma Laminates and Systems 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 Laminates and Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Aug 2010 | 10236050 | Small Industries Development Bank of India | ₹9 Cr | Satisfied |
To see the full charge records of Zigma Laminates and Systems Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Zigma Laminates and Systems Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Master Handlers Pvt. Ltd. | Pending |
To see the full case history of Zigma Laminates and Systems 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 Laminates and Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Zigma Laminates and Systems Private Limited has a workforce of 73 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Zigma Laminates and Systems 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 Zigma Laminates and Systems Private Limited, buy the company report.
Recent activity
Zigma Laminates and Systems Private Limited has 5 board changes on record since 2009: 3 appointments and 2 cessations. The latest: Sanjeev Khandelwal ceased to be Director on 27 Mar 2013.
Frequently asked questions
Zigma Laminates and Systems 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 Laminates and Systems was a private limited company based in Sinnar, Maharashtra, India. The company worked in wood products and mdf, within the manufacturing industry. It was incorporated on 28 March 2005 and is registered under CIN U28112MH2005PTC152212. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Zigma Laminates and Systems was incorporated on 28 March 2005. It is registered with the Registrar of Companies, Mumbai.
Zigma Laminates and Systems had 3 directors:
- Ramesh Gopalkrishnan Chelur - Additional Director
- Vijaykumar Ramchandran Unnithan - Director
- Rafeeq Nabilal Sombare - Director
The CIN (Corporate Identification Number) of Zigma Laminates and Systems is U28112MH2005PTC152212. 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 Laminates and Systems is at Plot No. E – 15 MIDC Malegaon, Sinnar, Maharashtra, India – 422103.
The latest financial statements of Zigma Laminates and Systems on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Zigma Laminates and Systems has 1 GST registration on record and it is cancelled or inactive.
Zigma Laminates and Systems operated in the manufacturing industry, in the wood products and mdf segment.
The peers of Zigma Laminates and Systems by revenue are Gandhidham Woods Private Limited, Vishal Saw Cum Veneer Mills Private Limited, TSK Ply & Veneer Industries Private Limited, Best Bins & Pallets Private Limited, Central India Veneers Private Limited and 2 more, all in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Zigma Laminates and Systems has 1 court case on record: 1 filed against it. 1 is pending.