Zeal Gears Private Limited

Manufactures helical gearboxes for plastic and rubber extrusion machinery, offers engineering and repair services.

1996 | Ahmedabad, Gujarat (India) | Active
Last Updated: November 16, 2024

Zeal Gears Profile

Key Indicators

  • Authorised Capital ₹ 9.00 M
  • Paid Up Capital ₹ 6.30 M
  • Company Age 28 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.80 Cr
  • Revenue Growth 23.88%
  • Profit Growth 16.81%
  • Ebitda 18.20%
  • Net Worth 28.28%
  • Total Assets 5.31%

About Zeal Gears

Zeal Gears Private Limited (ZGPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 August 1996 and has a history of 28 years and five months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Super Glatt Machinery Private Limited. The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 9.00 M and a paid-up capital of Rs 6.30 M.

The company currently has active open charges totaling ₹6.80 Cr.

Parul Patel, Jigisha Patel, and Nilesh Patel serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29199GJ1996PTC030597

  • Company No.

    030597

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Aug 1996

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

Who are the key members and board of directors at Zeal Gears?

Executive Team (1)

Name Designation Appointment Date Status
Nilesh Patel Country flag representing In Managing Director 30-Aug-1996 Current

Board Members (2)

Name Designation Appointment Date Status
Jigisha Patel Country flag representing In Director 05-Apr-2000 Current
Parul Patel Country flag representing In Director 05-Apr-2000 Current

Financial Performance of Zeal Gears.

Zeal Gears Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.88% increase. The company also saw a substantial improvement in profitability, with a 16.81% increase in profit. The company's net worth Soared by an impressive increase of 28.28%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
23.88%
Revenue from Operations
24.12%
Total Assets
5.31%
Profit or Loss
16.81%
Net Worth
28.28%
EBITDA
18.20%

What is the Ownership and Shareholding Structure of Zeal Gears?

In 2023, Zeal Gears had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹68.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Sidbi : 6.80 Cr

Latest Charge Details

Date Lender Amount Status
11 Feb 2020 Sidbi ₹3.40 Cr Open
10 Feb 2020 Sidbi ₹3.40 Cr Open

How Many Employees Work at Zeal Gears?

Zeal Gears has a workforce of 50 employees as of Mar 23, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Zeal Gears, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Zeal Gears's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Zeal Gears

Recent activity within the organization

  • Annual General Meeting

    Zeal Gears Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Balance Sheet

    Zeal Gears Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Sidbi amounted to Rs. 34.00 M with Charge ID 100321547 was registered on 11 Feb 2020.

    11 Feb 2020

  • Charges

    A charge with Sidbi amounted to Rs. 34.00 M with Charge ID 100321549 was registered on 10 Feb 2020.

    10 Feb 2020

  • Director Appointment

    Parul Nilesh Patel was appointed as a Director was appointed as a Director on 05 Apr 2000 & has been associated with this company since 24 years 9 months .

    05 Apr 2000

  • Director Appointment

    Jigisha Nipul Patel was appointed as a Director was appointed as a Director on 05 Apr 2000 & has been associated with this company since 24 years 9 months .

    05 Apr 2000

Frequently asked questions

  • Zeal Gears Private Limited was incorporated on 30 Aug 1996.

  • The authorized share capital of Zeal Gears Private Limited is ₹ 9.00 M and paid-up capital is ₹ 6.30 M.

  • Currently 3 directors are associated with Zeal Gears Private Limited.

    • Parul Nilesh Patel
    • Jigisha Nipul Patel
    • Nilesh Manilal Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Zeal Gears Private Limited is Shed No. 1 Survey 531/3/1 B/H. Cmc Factory Near Anup Engg. G.I.D.C. Odhav, India, Ahmedabad, Gujarat, 382415.

  • The corporate identification number (CIN) of Zeal Gears Private Limited is U29199GJ1996PTC030597 and the company number is 030597 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Zeal Gears Private Limited is https://www.zealgears.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Zeal Gears Private Limited has risen by 23.88%.

  • As Per 2023 financial reports, 50 employees are currently employed by Zeal Gears Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Zeal Gears Private Limited has experienced an upsurge of 28.28%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Zeal Gears Private Limited amount to ₹ 6.80 Cr.

  • The most recent Balance Sheet for Zeal Gears Private Limited was filed with the ROC on 31 Mar 2024.