Zing Ecommerce Private Limited
About Zing Ecommerce Private Limited
Data last updated:
Zing Ecommerce Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the footwear retail and distribution segment of the consumer goods sector. It was incorporated on 13 June 2011.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2011PTC059120. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹4 Lakh and a paid-up capital of ₹3.02 Lakh. It was led by directors including Vineet Saxena and Vishnu.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at No.6 2nd Cross Byappanahalli Layout Behind Swami Vivekanand Metro Station, Bangalore, Karnataka, India – 560038.
As per the financials filed for FY 2018, the company reported a revenue of ₹2.31 Cr, a decline of 45% compared to the previous year. For the same year it recorded a net loss of ₹2.4 Cr (net margin -103.8%) and EBITDA of -₹2.16 Cr (EBITDA margin -93.5%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years.
The company had about 11 employees on its provident fund (EPFO) records before it was struck off.
Court records list 8 cases involving the company, including 1 filed by the company and 7 filed against it. The company has 8 deals on record (6 funding rounds, 2 secondary share transfers), with disclosed funding of ₹7.45 Cr; the latest was in March 2016.
Company details
Contact details
Zing Ecommerce Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.6 2nd Cross Byappanahalli Layout Behind Swami Vivekanand Metro Station, Bangalore, Karnataka, India – 560038
- IndustryConsumer Goods, Footwear Retail & Distribution
To see the full contact details of Zing Ecommerce 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 Zing Ecommerce is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Zing Ecommerce Private Limited, buy the company report.
Financials of Zing Ecommerce Private Limited
FY 2018 filings availableZing Ecommerce Private Limited reported revenue of ₹2.31 Cr (down 45% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 17% over three years, including a 45% fall in the latest year. EBITDA rose 21% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹2.31 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹2.16 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹2.4 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -93.5% | |||
| Net Profit Margin | -103.8% | |||
| 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 Zing Ecommerce Private Limited, buy the company report.
Board of directors of Zing Ecommerce Private Limited
Zing Ecommerce has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishnu | Additional Director | 09 Dec 2020 | 5 Years 10 Months | As last reported |
| Aravamudhan Ranganathan | Additional Director | 09 Dec 2020 | 5 Years 10 Months | As last reported |
| Vineet Saxena Also directs: Hme Ventures LLP | Director | 13 Jun 2011 | 15 Years 4 Months | As last reported |
Auditor
Zing Ecommerce Private Limited is audited by A K K & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A K K & ASSOCIATES | FY 2018 | 013779S |
Shareholding
The shareholding of Zing Ecommerce Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Zing Ecommerce Private Limited, buy the company report.
Deals & funding
Zing Ecommerce Private Limited has 8 deals on record (6 funding rounds, 2 secondary share transfers), with disclosed funding of ₹7.45 Cr; the latest was in March 2016.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2016 | Funding round | ₹42 Lakh | Investors: an individual |
| Sep 2015 | Secondary share transfer | Undisclosed | Buyer: Others Zing Ecommerce Seller: an individual |
| Jun 2014 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Others Zing Ecommerce, 2 individuals |
| Mar 2014 | Funding round | ₹42 Lakh | Investors: an individual |
| Jun 2012 | Funding round | ₹50 Lakh | Investors: an individual |
To see the full deal history of Zing Ecommerce Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Zing Ecommerce Private Limited has 8 court cases on record: 1 filed by Zing Ecommerce, 7 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 7 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.A.P.) | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Zing Ecommerce 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 Zing Ecommerce Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Zing Ecommerce Private Limited has a workforce of 11 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Zing Ecommerce has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Zing Ecommerce Private Limited, buy the company report.
Recent activity
Zing Ecommerce Private Limited has 12 board changes on record since 2011: 3 appointments and 9 cessations. The latest: Aravamudhan Ranganathan ceased to be Additional Director on 25 Feb 2021.
3 earlier events are in the company report.
Frequently asked questions
Zing Ecommerce has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Zing Ecommerce was a private limited company based in Bangalore, Karnataka, India. The company worked in footwear retail and distribution, within the consumer goods industry. It was incorporated on 13 June 2011 and is registered under CIN U72900KA2011PTC059120. The company has been struck off by the Registrar of Companies and is no longer operational.
Zing Ecommerce had 3 directors:
- Vishnu - Additional Director
- Aravamudhan Ranganathan - Additional Director
- Vineet Saxena - Director
The CIN (Corporate Identification Number) of Zing Ecommerce is U72900KA2011PTC059120. 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 Zing Ecommerce is at No.6 2nd Cross Byappanahalli Layout Behind Swami Vivekanand Metro Station, Bangalore, Karnataka, India – 560038.
Zing Ecommerce was incorporated on 13 June 2011. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Zing Ecommerce on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from 2015 are in the company report.
No. Zing Ecommerce has 2 GST registrations on record and all of them are cancelled or inactive.
Zing Ecommerce operated in the consumer goods industry, in the footwear retail and distribution segment. It worked in this industry before it was struck off.
Zing Ecommerce has 8 deals on record (6 funding rounds, 2 secondary share transfers), with disclosed funding of ₹7.45 Cr; the latest was in March 2016.