About Zivene Design and Development Private Limited
Data last updated:
Zivene Design and Development Private Limited was a private limited company based in Ahmedabad, Gujarat, 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 online apparel retail segment of the e-commerce sector. It was incorporated on 09 June 2009.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U20219GJ2009PTC057195. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5.01 Cr and a paid-up capital of ₹5.01 Cr. It was formerly known as Ziven Design and Development Private Limited and Quintessence Creations Private Limited. It was led by directors Kamalkant Satyapal Gupta and Kaushal Bipinchandra Suthar.
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 Corporate Tower Opp.Doctor House Nr.Parimal Railway Crossing Ellisbridge, Ahmedabad, Gujarat, India – 380006.
As per the financials filed for FY 2017, the company reported a revenue of ₹81.15 Lakh, a decline of 89% compared to the previous year. For the same year it recorded a net loss of ₹2.21 Cr (net margin -272.1%) and EBITDA of -₹1.89 Cr (EBITDA margin -232.4%).
The company had about 1 employee on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹1.5 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The last known website on record is zivene.com.
Company details
Name history
Zivene Design and Development has undergone 2 name changes throughout its history. The company was previously known as Ziven Design And Development Private Limited, and Quintessence Creations Private Limited. The current legal name is Zivene Design And Development Private Limited.
| Company Name | Status |
|---|---|
| Zivene Design and Development Private Limited | Current |
| Ziven Design And Development Private Limited | Previous |
| Quintessence Creations Private Limited | Previous |
Contact details
Zivene Design and Development Private Limited's registered office is in Ahmedabad, Gujarat. Its website is zivene.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressCorporate Tower Opp.Doctor House Nr.Parimal Railway Crossing Ellisbridge, Ahmedabad, Gujarat, India – 380006
- IndustryE-Commerce, Online Apparel Retail, Online Footwear Retail
To see the full contact details of Zivene Design and Development 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 Zivene Design and Development 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 Zivene Design and Development Private Limited, buy the company report.
Financials of Zivene Design and Development Private Limited
FY 2017 filings availableZivene Design and Development Private Limited reported revenue of ₹81.15 Lakh (down 89% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 89% in the latest year. EBITDA rose 80% 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 | -₹1.89 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹2.21 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 | -232.4% | ||
| Net Profit Margin | -272.1% | ||
| 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 Zivene Design and Development Private Limited, buy the company report.
Board of directors of Zivene Design and Development Private Limited
Zivene Design and Development has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamalkant Satyapal Gupta Also directs: Pancard Clubs Limited, Propvesta Real Estate Private Limited | Director | 24 Oct 2016 | 9 Years 11 Months | As last reported |
| Kaushal Bipinchandra Suthar | Director | 01 Apr 2017 | 9 Years 6 Months | As last reported |
Peer comparison
Zivene Design and Development Private Limited is compared with the 3 companies closest to it by revenue in the Ecommerce and Internet industry (Apparel, Footwear), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Romani Footwear Company Pvt Ltd | ₹81.43 Lakh (FY 2025) | -3.0% | Kolkata, West Bengal, India | |||
| Zivene Design and Development Private Limitedthis company | ₹81.15 Lakh (FY 2017) | -₹2.21 Cr | -272.1% | -89.0% | Ahmedabad, Gujarat, India | |
| Eyelet Fashion Private Limited | ₹79.43 Lakh (FY 2019) | -9.0% | Ghaziabad, Uttar Pradesh, India | |||
| Ira Soles Handcrafted Private Limited | ₹78.9 Lakh (FY 2023) | Mumbai, Maharashtra, India |
To see the full peer comparison of Zivene Design and Development Private Limited, buy the company report.
Auditor
Zivene Design and Development Private Limited is audited by KALARIA & SAMPAT for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KALARIA & SAMPAT | FY 2015 | 104570W |
Shareholding
The shareholding of Zivene Design and Development Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Zivene Design and Development Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jan 2012 | 10337068 | Indian Overseas Bank | ₹1.5 Cr | Satisfied |
To see the full charge records of Zivene Design and Development Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Zivene Design and Development Private Limited has 2 court cases on record: 2 filed by Zivene Design and Development. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Civil suit | Filed by the company against JDS Apparels Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed by the company against an individual | Disposed |
To see the full case history of Zivene Design and Development 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 Zivene Design and Development Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Zivene Design and Development 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 Zivene Design and Development Private Limited, buy the company report.
Recent activity
Zivene Design and Development Private Limited has 13 board changes on record since 2010: 2 appointments and 11 cessations. The latest: Kamalkant Satyapal Gupta ceased to be Additional Director on 29 Sep 2017.
6 earlier events are in the company report.
Frequently asked questions
Zivene Design and Development 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.
Zivene Design and Development was a private limited company based in Ahmedabad, Gujarat, India. The company worked in online apparel retail, within the e-commerce industry. It was incorporated on 09 June 2009 and is registered under CIN U20219GJ2009PTC057195. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Zivene Design and Development was incorporated on 09 June 2009. It is registered with the Registrar of Companies, Ahmedabad.
Zivene Design and Development had 2 directors:
- Kamalkant Satyapal Gupta - Director
- Kaushal Bipinchandra Suthar - Director
The CIN (Corporate Identification Number) of Zivene Design and Development is U20219GJ2009PTC057195. 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 Zivene Design and Development is at Corporate Tower Opp.Doctor House Nr.Parimal Railway Crossing Ellisbridge, Ahmedabad, Gujarat, India – 380006.
Zivene Design and Development can be reached through the website zivene.com. Its registered office is in Ahmedabad, Gujarat, India.
The latest financial statements of Zivene Design and Development 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. Zivene Design and Development has 1 GST registration on record and it is cancelled or inactive.
Zivene Design and Development operated in the e-commerce industry, in the online apparel retail segment.
The peers of Zivene Design and Development by revenue are Romani Footwear Company Pvt Ltd, Eyelet Fashion Private Limited, Ira Soles Handcrafted Private Limited, all in the Ecommerce and Internet industry (Apparel, Footwear), with the same principal business activity (retail trading).