About Zigma Modular Systems Private Limited
Data last updated:
Zigma Modular Systems Private Limited was a private limited company based in Mysore, Karnataka, 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 furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 12 January 2007.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U36102KA2007PTC041474. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹30 Lakh. It was led by directors Gopalakrishnapillai Madhu and Aditya Venugopal.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Plot No. 18 & 25 P 3rd Phase Koorgalli Industrial Area Road No.7 Yelwala Hobli, Mysore, Karnataka, India – 570018.
As per the financials filed for FY 2017, the company reported a revenue of ₹14.28 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹9.04 Lakh (net margin 0.6%) and EBITDA of ₹1.05 Cr (EBITDA margin 7.4%).
The company had about 21 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹75 Lakh on record. Court records list 7 cases involving the company, including 6 filed by the company and 1 filed against it.
The last known website on record is zigmamodularsystems.com.
Company details
Contact details
Zigma Modular Systems Private Limited's registered office is in Mysore, Karnataka. Its website is zigmamodularsystems.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 18 & 25 P 3rd Phase Koorgalli Industrial Area Road No.7 Yelwala Hobli, Mysore, Karnataka, India – 570018
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
To see the full contact details of Zigma Modular 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 Modular Systems is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Zigma Modular Systems Private Limited, buy the company report.
Financials of Zigma Modular Systems Private Limited
FY 2017 filings availableZigma Modular Systems Private Limited reported revenue of ₹14.28 Cr (down 9% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year. EBITDA rose 7% 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 | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹1.05 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹9.04 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 7.4% | ||
| Net Profit Margin | 0.6% | ||
| 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 Zigma Modular Systems Private Limited, buy the company report.
Board of directors of Zigma Modular Systems Private Limited
Zigma Modular Systems 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 |
|---|---|---|---|---|
| Gopalakrishnapillai Madhu Also directs: Yvaine Entertainments LLP | Director | 12 Jan 2007 | 19 Years 9 Months | As last reported |
| Aditya Venugopal Also directs: Zenith Screens LLP, V3 Enterprises Private Limited, Zenith Metaplast Private Limited and 1 more | Director | 01 Nov 2012 | 13 Years 11 Months | As last reported |
Auditor
Zigma Modular Systems Private Limited is audited by S S PRASAD & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S S PRASAD & CO | FY 2016 | 005560S |
Shareholding
The shareholding of Zigma Modular 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 Modular Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jan 2012 | 10334051 | Small Industries Development Bank of India | ₹75 Lakh | Satisfied |
To see the full charge records of Zigma Modular Systems Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Zigma Modular Systems Private Limited has 7 court cases on record: 6 filed by Zigma Modular Systems, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 1 | 0 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Appeal | Filed by the company against an individual | Disposed |
| High Court of Karnataka | Court case (COP) | Filed by the company against an individual | Disposed |
| District court, MYSURU, Karnataka | Court case (Appl.33(2)b) | Filed by the company against an individual | Disposed |
| District court, MYSURU, Karnataka | Court case (Appl.33(2)b) | Filed by the company against an individual | Disposed |
| District court, MYSURU, Karnataka | Court case (Appl.33(2)b) | Filed by the company against an individual | Disposed |
To see the full case history of Zigma Modular 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 Modular Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Zigma Modular Systems Private Limited has a workforce of 21 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Zigma Modular 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 Modular Systems Private Limited, buy the company report.
Recent activity
Zigma Modular Systems Private Limited has 4 board changes on record since 2007: 2 appointments and 2 cessations. The latest: Aditya Venugopal was appointed as Director on 01 Nov 2012.
Frequently asked questions
Zigma Modular 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 Modular Systems was a private limited company based in Mysore, Karnataka, India. The company worked in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 12 January 2007 and is registered under CIN U36102KA2007PTC041474. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Zigma Modular Systems was incorporated on 12 January 2007. It is registered with the Registrar of Companies, Bangalore.
Zigma Modular Systems had 2 directors:
- Gopalakrishnapillai Madhu - Director
- Aditya Venugopal - Director
The CIN (Corporate Identification Number) of Zigma Modular Systems is U36102KA2007PTC041474. 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 Modular Systems is at Plot No. 18 & 25 P 3rd Phase Koorgalli Industrial Area Road No.7 Yelwala Hobli, Mysore, Karnataka, India – 570018.
Zigma Modular Systems can be reached through the website zigmamodularsystems.com. Its registered office is in Mysore, Karnataka, India.
The latest financial statements of Zigma Modular Systems on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
No. Zigma Modular Systems has 1 GST registration on record and it is cancelled or inactive.
Zigma Modular Systems operated in the consumer electronics and durables industry, in the furniture manufacturing segment.