About Zolostays Property Solutions Private Limited
Data last updated:
Zolostays Property Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the online service marketplaces segment of the internet and digital services sector. It was incorporated on 03 June 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2015PTC080643. Its GSTIN is 29AAACZ8446N1ZG (Karnataka). The company holds 10 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹32.48 Lakh. It is led by directors including Akhil Sikri and Nikhil Sikri.
Its last annual general meeting (AGM) was held on 15 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No. 1190 22nd Cross Hsr Layout Sector 3, Bangalore, Karnataka, India – 560102.
As per the financials filed for FY 2024, the company reported a revenue of ₹209.24 Cr, a growth of 111% compared to the previous year. For the same year it recorded a net loss of ₹56.76 Cr (net margin -27.1%) and EBITDA of -₹34.76 Cr (EBITDA margin -16.6%). Revenue has grown at a compounded annual rate (CAGR) of 67% over three years and 51% over five years.
The company has about 1,518 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 2 brands: Zeassetz and Zolo Coliving. As per MCA filings, the company has open charges of ₹5.51 Cr and satisfied charges of ₹96.5 Cr on record. Court records list 61 cases involving the company, including 45 filed by the company and 11 filed against it; 2 cases are pending. The company has 21 deals on record (14 funding rounds, 5 debt financings, 1 acquisition), with disclosed funding of ₹542.81 Cr; the latest was in June 2025. Its 10 peer companies in the Ecommerce and Internet industry (Online Service Providers) are compared by revenue, 5 larger and 5 smaller; the largest is Vakrangee Limited with revenue of ₹259.03 Cr. The company has 12 MSME Form 1 returns on record between 2019 and 2024, listing 664 overdue payments to 83 micro and small suppliers.
Zolostays Property Solutions Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0274860). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website zolostays.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo. 1190 22nd Cross Hsr Layout Sector 3, Bangalore, Karnataka, India – 560102
- IndustryInternet, Online Service Marketplaces
- 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
Business Activity of Zolostays Property Solutions Private Limited
The main business activity of Zolostays Property Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service 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.
Financials of Zolostays Property Solutions Private Limited FY 2024 filings available
Zolostays Property Solutions Private Limited reported revenue of ₹209.24 Cr (up 111% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Zolostays Property Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 51% over five years, including 111% growth in the latest year. EBITDA rose 35% 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 Zolostays Property Solutions 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹34.76 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹56.76 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 of Zolostays Property Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -16.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -27.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Zolostays Property Solutions are in the company report.
Financial statements from FY 2016
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.
Peer Comparison of Zolostays Property Solutions Private Limited
Zolostays Property Solutions Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Online Service Providers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vakrangee Limited Listed | ₹259.03 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Mumbai, Maharashtra, India |
| B V C Logistics Private Limited | ₹227.5 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Mumbai, Maharashtra, India |
| Visit Health Private Limited | ₹225.25 Cr (FY 2025) | •••• | •••• | 72.0% | •••• | Noida, Uttar Pradesh, India |
| Ergos Business Solutions Private Limited | ₹223.67 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | Bangalore, Karnataka, India |
| Upscalio India Private Limited | ₹219.29 Cr (FY 2023) | •••• | •••• | 185.0% | •••• | Gurugram, Haryana, India |
| Zolostays Property Solutions Private Limited this company | ₹209.24 Cr (FY 2024) | •••• | •••• | 111.0% | •••• | Bangalore, Karnataka, India |
| Opcommerce Online Private Limited | ₹202.24 Cr (FY 2024) | •••• | •••• | 45.0% | •••• | Ahmedabad, Gujarat, India |
| Lytus Technologies Private Limited | ₹191.99 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Mumbai, Maharashtra, India |
| Biz Hero India Private Limited | ₹189.27 Cr (FY 2024) | •••• | •••• | 61.0% | •••• | Kolkata, West Bengal, India |
| Ezeego One Travel & Tours Limited | ₹184.39 Cr (FY 2017) | •••• | •••• | 32.0% | •••• | |
| I - Net Secure Labs Private Limited | ₹175.33 Cr (FY 2025) | •••• | •••• | 239.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Zolostays Property Solutions by revenue in the Ecommerce and Internet industry (Online Service Providers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Zolostays Property Solutions Private Limited
Zolostays Property Solutions Private Limited is audited by B S R & Co LLP for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B S R & Co LLP | 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 Zolostays Property Solutions Private Limited
Zolostays Property Solutions has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akhil Sikri Also directs: Eazy Hostel Private Limited | Director | 03 Jun 2015 | 11 Years 4 Months | Current |
| Nikhil Sikri | Director | 05 Aug 2015 | 11 Years 2 Months | Current |
| Gaurav Sharma Also directs: Prime Holdings Advisory LLP, Investcorp Investment Managers India LLP, Nephrocare Health Services Limited and 5 more | Nominee Director | 12 Feb 2019 | 7 Years 8 Months | Current |
Ownership and Shareholding of Zolostays Property Solutions 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 Zolostays Property Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Jul 2023 | Others | ₹4.5 Cr | Open |
| 06 Mar 2021 | Hdfc Bank Limited | ₹20.79 Lakh | Open |
| 14 Nov 2017 | Hdfc Bank Limited | ₹80 Lakh | Open |
| 21 Dec 2023 | Others | ₹25 Cr | Satisfied |
| 22 Feb 2023 | Others | ₹15 Cr | Satisfied |
Total charge records: 9 View all charges
Deals & Funding of Zolostays Property Solutions Private Limited
Zolostays Property Solutions Private Limited has 21 deals on record (14 funding rounds, 5 debt financings, 1 acquisition), with disclosed funding of ₹542.81 Cr; the latest was in June 2025.
Deals on record (5 of 21)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2025 | Debt financing | ₹4 Cr | Investors: VentureSoul Partners |
| Apr 2025 | Acquisition | ₹97.02 Cr | Buyer: Elevate Campuses Limited Seller: Zolostays Property Solutions Private Limited |
| Dec 2023 | Debt financing | ₹25 Cr | Investors: InnoVen Capital |
| Oct 2022 | Funding round · Series C | ₹65.51 Cr | Investors: MEMG Family Office, Investcorp, Nexus Venture Partners, an individual |
| Feb 2019 | Funding round · Series B | ₹176.36 Cr | Investors: Investcorp, Nexus Venture Partners, Mirae Asset Venture Investments (India) |
Full deal history
All 21 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Zolostays Property Solutions Private Limited
Zolostays Property Solutions Private Limited has 61 court cases on record: 45 filed by Zolostays Property Solutions, 11 filed against it, 5 where it is another party. 2 cases are pending and 59 are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 44 | 9 | 0 |
| District courts | 17 | 2 | 2 |
Cases on record (5 of 61)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Court case (CS DJ ADJ) | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| Bombay High Court | Interim or miscellaneous application | Company is another party | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Mokhan Builders | Disposed |
Full case history
All 61 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.
MSME Payment Delays by Zolostays Property Solutions Private Limited
Zolostays Property Solutions Private Limited has 12 MSME Form 1 returns on record between 2019 and 2024, listing 664 overdue payments to 83 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 83)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Kaarya Facilities and Services Limited | •••• | •••• | •••• |
| Leeworld Facility Solutions Private Limited | •••• | •••• | •••• |
| Scour Facilities Private Limited | •••• | •••• | •••• |
| Deji Industry Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 12 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Zolostays Property Solutions Private Limited
Zolostays Property Solutions operates two associated brands: Zeassetz and Zolo Coliving. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Platform for pre-leased real estate investments with assured rentals and low maintenance. | zeassetz.com | |
| Coliving spaces are offered by Zolo for flexible living. | zolostays.com |
Employees and EPFO Compliance at Zolostays Property Solutions Private Limited
Zolostays Property Solutions Private Limited has a workforce of 1,518 employees as of Jan 04, 2026.
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.
Group Structure of Zolostays Property Solutions Private Limited
Zolostays Property Solutions has 2 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Zeassetz Solutions Private Limited | U70109KA2019PTC127293 | Locked |
| Keepitsimple Living Solutions Private Limited | U74999KA2019PTC129797 | Locked |
Showing major subsidiaries. Total: 2.
Recent Activity on Zolostays Property Solutions Private Limited
Zolostays Property Solutions Private Limited has 7 board changes on record since 2015: 3 appointments and 4 cessations. The latest: Sameer Verma ceased to be Nominee Director on 15 May 2024.
13 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Zolostays Property Solutions 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.
Subsidiaries & Group Companies of Zolostays Property Solutions 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.
GST Compliance of Zolostays Property Solutions Private Limited
Zolostays Property Solutions has 10 GST registrations: 10 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACZ8446N1ZG | Karnataka | Active | 01 Jul 2017 |
| 29AAACZ8446N2ZF | Karnataka | Active | 17 Apr 2025 |
| 08AAACZ8446N1ZK | Rajasthan | Active | 16 Oct 2017 |
| 27AAACZ8446N1ZK | Maharashtra | Active | 23 Oct 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.
MCA Filings & Documents of Zolostays Property Solutions 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.
Related news about Zolostays Property Solutions Private Limited
Frequently Asked Questions about Zolostays Property Solutions Private Limited
Zolostays Property Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in online service marketplaces, within the internet industry. It was incorporated on 03 June 2015 (11+ years old) and is registered under CIN U74900KA2015PTC080643.
Zolostays Property Solutions reported revenue of ₹209.24 Cr for FY 2024 (up 111% YoY).
Zolostays Property Solutions has 3 current directors:
- Akhil Sikri - Director
- Nikhil Sikri - Director
- Gaurav Sharma - Nominee Director
Zolostays Property Solutions reported a net loss of ₹56.76 Cr (net margin -27.1%) and EBITDA of -₹34.76 Cr (EBITDA margin -16.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Zolostays Property Solutions is 67% over three years and 51% over five years. In the latest year (FY 2024) revenue rose 111%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Zolostays Property Solutions is 29AAACZ8446N1ZG, registered in Karnataka. The company has 10 GST registrations in all, of which 10 are active. Other active GSTINs include 29AAACZ8446N2ZF (Karnataka), 08AAACZ8446N1ZK (Rajasthan), 27AAACZ8446N1ZK (Maharashtra).
The CIN (Corporate Identification Number) of Zolostays Property Solutions is U74900KA2015PTC080643. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Zolostays Property Solutions has 61 court cases on record: 45 filed by the company and 11 filed against it. 2 are pending. Most are in the high courts.
Zolostays Property Solutions was incorporated on 03 June 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Zolostays Property Solutions has 21 deals on record (14 funding rounds, 5 debt financings, 1 acquisition), with disclosed funding of ₹542.81 Cr; the latest was in June 2025.
The peers of Zolostays Property Solutions by revenue are Vakrangee Limited, B V C Logistics Private Limited, Visit Health Private Limited, Ergos Business Solutions Private Limited, Upscalio India Private Limited and 5 more, all in the Ecommerce and Internet industry (Online Service Providers).
Sameer Verma ceased to be Nominee Director on 15 May 2024. Gaurav Sharma ceased to be Nominee Director on 04 Sep 2022. Gaurav Sharma was appointed as Nominee Director on 12 Feb 2019. Zolostays Property Solutions has 7 board changes on record in total.