Zylog Systems Limited - information technology in Chennai, Tamil Nadu, India. Directors, charges & compliance details.
CIN U30006TN1995PLC031651 Incorporated 01 June 1995 ROC Chennai HQ Chennai, Tamil Nadu, India
Under Liquidation Public Limited Company information technology
Data last updated
Authorised capital
₹40 Cr
Registered with MCA
Paid-up capital
₹29.5 Cr
Issued & subscribed
Open charges
₹1,276.35 Cr
Secured borrowings
Company age
31 yrs
Est. 1995
Employees · EPFO
2
Provident fund records
GST registrations
2
None active
Brands
2
Associated brands
Last financials
Mar 2013
Balance sheet date

About Zylog Systems Limited

Data last updated:

Zylog Systems Limited is a public limited company based in Chennai, Tamil Nadu, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 01 June 1995.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U30006TN1995PLC031651. The company has 2 GST registrations on record, none of which is active.

The company has an authorised share capital of ₹40 Cr and a paid-up capital of ₹29.5 Cr. It was formerly known as Zylog Systems Private Limited.

Its last annual general meeting (AGM) was held on 10 April 2014, and its latest financial statements are for the year ended 31 March 2013. The registered office is at 155 Thiruvalluvar Salai Kumaran Nagar Sholinganallur, Chennai, Tamil Nadu, India – 600119.

The company has about 2 employees on its provident fund (EPFO) records.

The company is associated with 2 brands: Silvanus 360 and ZSL. As per MCA filings, the company has open charges of ₹1,276.35 Cr on record. Court records list 439 cases involving the company, including 54 filed by the company and 328 filed against it; 55 cases are pending. The company has 26 deals on record (17 market trades, 5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹110.68 Cr; the latest was in January 2016.

The last known website on record is zsl.com.

Company Details of Zylog Systems Limited
CIN U30006TN1995PLC031651
Registration Number 031651
Incorporation Date 01 June 1995
ROC Chennai
Listing Status Unlisted
Company Status Under Liquidation
Date of Last AGM 10 April 2014
Date of Balance Sheet 31 March 2013
Compliance Status Active Non-Compliant

CIN History of Zylog Systems Limited

Zylog Systems has one previous CIN (Corporate Identification Number): L30006TN1995PLC031651. The current CIN is U30006TN1995PLC031651, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U30006TN1995PLC031651Current
L30006TN1995PLC031651Previous
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    155 Thiruvalluvar Salai Kumaran Nagar Sholinganallur, Chennai, Tamil Nadu, India – 600119
  • Industry
    Information Technology, Software Development & Support Services
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Financials, compliance, directors, charges, ownership and filings for Zylog Systems Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Associated Brands with Zylog Systems Limited

Zylog Systems operates two associated brands: Silvanus 360 and ZSL. Each brand links to its own profile.

BrandDescriptionWebsite
Web-based solutions are provided for reverse logistics supply chains.silvanus360.com
Field service management software and cloud computing services are provided.zsl.com

Financials of Zylog Systems Limited FY 2013 filings available

Financial Statement Summary of Zylog Systems Limited

MetricsFY 2012-13
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••••
Profit Before Tax••••
Tax Expense••••
Net Profit (PAT)••••
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 Zylog Systems Limited

MetricsFY 2012-13
Profitability
EBITDA Margin••••
Net Profit Margin••••
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 Zylog Systems are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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  • Balance sheets
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Board of Directors of Zylog Systems Limited

Zylog Systems has 16 former directors on record and no current directors listed.

Charges & Borrowings of Zylog Systems Limited

Open charges
₹1,276.35 Cr
Satisfied charges
None
Breakdown by lending institutions
Union Bank of India (Leader of the Consortium)₹267.00 Cr
Icici Bank Limited₹234.19 Cr
Union Bank of India Limited₹227.62 Cr
Syndicate Bank₹152.00 Cr
State Bank of India₹119.50 Cr
Others₹276.04 Cr
Latest charge details
DateLenderAmountStatus
31 Jul 2013Icici Bank Limited₹10 CrOpen
14 Dec 2012L & T Finance Limited₹30 CrOpen
06 Nov 2012The Federal Bank Limited₹25 CrOpen
29 Sep 2012Union Bank of India₹33.6 CrOpen
29 Sep 2012Reliance Capital Ltd₹11 CrOpen

Total charge records: 16 View all charges

Deals & Funding of Zylog Systems Limited

Zylog Systems Limited has 26 deals on record (17 market trades, 5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹110.68 Cr; the latest was in January 2016.

Total deals
26
Market trades
17
Secondary share transfers
5
Funding rounds
3
IPO
1
Disclosed funding
₹110.68 Cr

Deals on record (5 of 26)

WhenDealAmountParties
Jan 2016Market trade₹27.7 LakhBuyer: NBN Fintrade Private Limited
Seller: NBN Fintrade Private Limited
Dec 2015Market trade₹12.7 LakhBuyer: NBN Fintrade Private Limited
Seller: NBN Fintrade Private Limited
Nov 2013Market trade₹44.8 LakhBuyer: Pranava Electronics Private Limited
Seller: an individual
Nov 2012Market trade₹2.97 CrBuyer: Vora Financial Services Private Limited
Seller: Vora Financial Services Private Limited , Gajanan Enterprises
Nov 2012Market trade₹21.31 CrBuyer: Crosseas Capital Markets Private Limited , Vora Financial Services Private Limited , Gajanan Enterprises
Seller: Crosseas Capital Markets Private Limited , JM Financial Products Limited , Vora Financial Services Private Limited
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Full deal history

All 26 deals with amounts, valuations, instruments and every party are in the company report.

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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Employees and EPFO Compliance at Zylog Systems Limited

Employment history and EPFO contributions of people linked to Zylog Systems.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

  • Monthly headcount
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  • ECR filing status
  • Establishment history

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Recent Activity on Zylog Systems Limited

Zylog Systems Limited has 14 board changes on record since 2007: 0 appointments and 14 cessations. The latest: K S Subramanian ceased to be Additional Director on 28 Jan 2016.

Ceased
K S Subramanian ceased to be Additional Director.
Ceased
Madurai Gajanathan ceased to be Director.
Ceased
Ramanujam Sesharathnam ceased to be Managing Director.
Ceased
Sudarshan Venkatraman ceased to be Whole-Time Director.
AGM
Zylog Systems Limited last Annual general meeting of members was held on 10 Apr 2014 as per latest MCA records.
Ceased
Subrahmaniya Sivam Ramamurthy ceased to be Additional Director.
Charges
A charge with Icici Bank Limited amounted to Rs. 10.00 Cr with Charge ID 10444983 was registered on 31 Jul 2013.
Ceased
Mahesh Prasad Mehrotra ceased to be Additional Director.
Ceased
Parthasarathy Srikanth ceased to be Whole-Time Director.
Filing
Zylog Systems Limited has filed its annual Financial statements for the year ended 31 Mar 2013 with Roc Chennai.
Ceased
Vijay K Ramani ceased to be Director.
Charges
A charge with L & T Finance Limited amounted to Rs. 30.00 Cr with Charge ID 10392116 was registered on 14 Dec 2012.

26 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Zylog Systems Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Zylog Systems Limited

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MSME payment history

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Subsidiaries & Group Companies of Zylog Systems Limited

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Corporate group structure

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GST Compliance of Zylog Systems Limited

Zylog Systems 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.

Total GSTINs
2
Cancelled / inactive
2
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Zylog Systems Limited

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MCA filings and documents

Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.

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Frequently Asked Questions about Zylog Systems Limited

Zylog Systems is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.

Zylog Systems is a company under liquidation, formerly operating as a public limited company based in Chennai, Tamil Nadu, India. The company works in software development and support services, within the information technology industry. It was incorporated on 01 June 1995 and is registered under CIN U30006TN1995PLC031651. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

The CIN (Corporate Identification Number) of Zylog Systems is U30006TN1995PLC031651. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Zylog Systems has open charges of ₹1,276.35 Cr and no satisfied charges on record as per latest MCA filings.

Zylog Systems has 439 court cases on record: 54 filed by the company and 328 filed against it. 55 are pending. Most are in the district courts.

Zylog Systems was incorporated on 01 June 1995. It is registered with the Registrar of Companies, Chennai.

Zylog Systems has 26 deals on record (17 market trades, 5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹110.68 Cr; the latest was in January 2016.

K S Subramanian ceased to be Additional Director on 28 Jan 2016. Madurai Gajanathan ceased to be Director on 28 Jan 2016. Ramanujam Sesharathnam ceased to be Managing Director on 28 Jan 2016. Zylog Systems has 14 board changes on record in total.

Zylog Systems can be reached through the website zsl.com. Its registered office is in Chennai, Tamil Nadu, India.

The registered office of Zylog Systems is at 155 Thiruvalluvar Salai Kumaran Nagar Sholinganallur, Chennai, Tamil Nadu, India – 600119.

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