About Zignuts Technolab Private Limited
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Zignuts Technolab Private Limited is a private limited company based in Gandhinagar, Gujarat, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 04 December 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2012PTC072875. Its GSTIN is 24AASCS5064K1ZT (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Solution-Hawk Software Solutions Private Limited. It is led by directors including Anilaben Mukundrai Bhayani and Jitendra Krushnaprasad Trivedi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Office No. 409 4th Floor Siddharaj Zori Near Saragasan Cross Road Saragasan, Gandhinagar, Gujarat, India – 382421.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.1 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹46.94 Lakh (net margin 3.9%) and EBITDA of ₹1.57 Cr (EBITDA margin 13%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 53% over five years.
The company is associated with 1 brand: Zignuts Technolab. Court records list 11 cases involving the company, including 9 filed by the company and 2 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website zignuts.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressOffice No. 409 4th Floor Siddharaj Zori Near Saragasan Cross Road Saragasan, Gandhinagar, Gujarat, India – 382421
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Associated Brands with Zignuts Technolab Private Limited
Zignuts Technolab operates one associated brand: Zignuts Technolab. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides custom software development, AI engineering, and developer hiring worldwide. | zignuts.com |
Competitors & Alternatives of Zignuts Technolab Private Limited
Brands and companies operating in the same space as Zignuts Technolab Private Limited include Hedgehog lab, AlmavivA, AKQA and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Hedgehog lab | Mobile application development and UX design services are provided. | Newcastle Upon Tyne, United Kingdom | 2007 |
 AlmavivA | IT services suite solutions are provided globally by AlmavivA. | Rome, Italy | 2005 |
 AKQA | Integrated digital marketing campaigns are developed and executed across channels. | Riyadh, Saudi Arabia | 1994 |
 Fresche Solutions | IT services for application modernization and development are offered. | Montreal, Canada | 1976 |
 GlowTouch | Technology services are provided to mid-sized businesses across multiple regions. | Louisville, United States | 2002 |
 Hancom | Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions. | Seongnam-si, South Korea | 1990 |
 Sierra Atlantic | Offshore enterprise application development and IT consulting services are provided. | Newark, United States | 1993 |
 Waracle | Mobile apps and IoT solutions are developed across platforms. | Dundee, United Kingdom | 2007 |
 QX Global Group | Digital transformation and business process management services are provided. | Skipton, United Kingdom | 2003 |
 Brightspot | CMS solutions for digital publishers are provided and managed. | Reston, United States | 2008 |
Business Activity of Zignuts Technolab Private Limited
The main business activity of Zignuts Technolab is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Zignuts Technolab Private Limited
Zignuts Technolab Private Limited is audited by MAHARISHI & CO for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MAHARISHI & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Zignuts Technolab Private Limited
Zignuts Technolab has 9 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anilaben Mukundrai Bhayani | Director | 06 Aug 2019 | 7 Years 2 Months | Current |
| Jitendra Krushnaprasad Trivedi | Director | 06 Aug 2019 | 7 Years 2 Months | Current |
| Parth Trivedi Jitendrabhai | Director | 07 Apr 2017 | 9 Years 5 Months | Current |
| Nirmalaben Rajilal Kalariya | Director | 25 Apr 2018 | 8 Years 5 Months | Current |
| Ila Jitendra Trivedi | Director | 25 Apr 2018 | 8 Years 5 Months | Current |
| Khushbu Ratilal Bhut | Director | 25 Apr 2018 | 8 Years 5 Months | Current |
Financials of Zignuts Technolab Private Limited FY 2024 filings available
Zignuts Technolab Private Limited reported revenue of ₹12.1 Cr (up 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Zignuts Technolab Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 53% over five years, including 8% growth in the latest year. EBITDA rose 15% 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 of Zignuts Technolab Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹12.1 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) | ₹46.94 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 of Zignuts Technolab Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Zignuts Technolab are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Zignuts Technolab Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Zignuts Technolab Private Limited
Zignuts Technolab Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Zignuts Technolab Private Limited
Employment history and EPFO contributions of people linked to Zignuts Technolab.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Zignuts Technolab Private Limited
Zignuts Technolab has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AASCS5064K1ZT | Gujarat | Active | 02 Nov 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Legal Cases of Zignuts Technolab Private Limited
Zignuts Technolab Private Limited has 11 court cases on record: 9 filed by Zignuts Technolab, 2 filed against it. 2 cases are pending and 9 are disposed. Status as checked between 21 Sep 2026 and 30 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 2 | 2 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, GANDHINAGAR, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed against the company by an individual | Disposed |
| District court, GANDHINAGAR, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, GANDHINAGAR, Gujarat | Court case (CR EN) | Filed by the company against an individual | Disposed |
Full case history
All 11 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Credit Ratings, Litigation & Regulatory Alerts for Zignuts Technolab Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Zignuts Technolab Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Zignuts Technolab Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Zignuts Technolab Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Zignuts Technolab Private Limited
Frequently Asked Questions about Zignuts Technolab Private Limited
Zignuts Technolab is an active private limited company based in Gandhinagar, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 04 December 2012 (14+ years old) and is registered under CIN U72200GJ2012PTC072875.
Zignuts Technolab reported revenue of ₹12.1 Cr for FY 2024 (up 8% YoY).
Zignuts Technolab has 9 current directors:
- Anilaben Mukundrai Bhayani - Director
- Jitendra Krushnaprasad Trivedi - Director
- Parth Trivedi Jitendrabhai - Director
- Nirmalaben Rajilal Kalariya - Director
- Ila Jitendra Trivedi - Director
- Khushbu Ratilal Bhut - Director
- Bini Sagar Bhayani - Director
- Sagar Mukundrai Bhayani - Director
- Gunjankumar Ratilal Kalariya - Director
Zignuts Technolab reported a net profit of ₹46.94 Lakh (net margin 3.9%) and EBITDA of ₹1.57 Cr (EBITDA margin 13%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Zignuts Technolab is 33% over three years and 53% over five years. In the latest year (FY 2024) revenue rose 8%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Zignuts Technolab is 24AASCS5064K1ZT, registered in Gujarat.
The CIN (Corporate Identification Number) of Zignuts Technolab is U72200GJ2012PTC072875. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Zignuts Technolab has 11 court cases on record: 9 filed by the company and 2 filed against it. 2 are pending.
Zignuts Technolab was incorporated on 04 December 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.