Zenith Credit Ltd.

NBFC providing financial services since 1988, based in West Bengal.

1988 | Kolkata, West Bengal (India) | Active
Last Updated: October 26, 2024

Zenith Credit Profile

Key Indicators

  • Authorised Capital ₹ 4.10 Cr
  • Paid Up Capital ₹ 4.01 Cr
  • Company Age 36 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 0.33 M
  • Satisfied Charges ₹ 1.85 Cr
  • Revenue Growth 41.02%
  • Profit Growth 248.73%
  • Ebitda 102.75%
  • Net Worth 4.56%
  • Total Assets 8.09%

About Zenith Credit

Zenith Credit Ltd. (ZCL) is a Public Limited Indian Non-Government Company incorporated in India on 29 August 1988 and has a history of 36 years and five months. Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 4.10 Cr and a paid-up capital of Rs 4.01 Cr.

The company currently has active open charges totaling ₹0.33 M. The company has closed loans amounting to ₹1.85 Cr, as per Ministry of Corporate Affairs (MCA) records.

Piyush Loyalka, Vasudha Loyalka, Gajanand Sharma, and One other member serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17299WB1988PLC045065

  • Company No.

    045065

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Aug 1988

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Financial Services

Who are the key members and board of directors at Zenith Credit?

Board Members (4)

NameDesignationAppointment DateStatus
Piyush Loyalka Country flag representing In Director 01-Jan-2011Current
Vasudha Loyalka Country flag representing In Director 11-Nov-2011Current
Gajanand Sharma Country flag representing In Director 08-Apr-2009Current
Madan Sharma Country flag representing In Director 30-Oct-2009Current

Financial Performance of Zenith Credit.

Zenith Credit Ltd., for the financial year ended 2023, experienced significant growth in revenue, with a 41.02% increase. The company also saw a substantial improvement in profitability, with a 248.73% increase in profit. The company's net worth moved up by a moderate rise of 4.56%.

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
41.02%
Revenue from Operations
51.77%
Total Assets
8.09%
Profit or Loss
248.73%
Net Worth
4.56%
EBITDA
102.75%

What is the Ownership and Shareholding Structure of Zenith Credit?

In 2023, Zenith Credit had a promoter holding of 63.47% and a public holding of 36.53%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.03 Cr

Satisfied Charges

₹1.85 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 0.03 Cr

Latest Charge Details

DateLenderAmountStatus
04 Jun 1997Canara Bank₹0.33 MOpen
20 Apr 2017Others₹8.00 MSatisfied
22 Dec 2016Hdfc Bank Limited₹0.49 MSatisfied
12 Dec 1989Allahabad Bank₹1.00 CrSatisfied

How Many Employees Work at Zenith Credit?

Zenith Credit has a workforce of 16 employees as of Apr 08, 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 Zenith Credit, 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 Zenith Credit'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 Zenith Credit

Recent activity within the organization

  • Annual General Meeting

    Zenith Credit Ltd. last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Zenith Credit Ltd. has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Charges

    A charge registered on 20 Apr 2017 via Charge ID 100096862 with Others was fully satisfied on 19 Feb 2021.

    19 Feb 2021

  • Charges

    A charge registered on 22 Dec 2016 via Charge ID 100072716 with Hdfc Bank Limited was fully satisfied on 08 Feb 2021.

    08 Feb 2021

  • Charges

    A charge with Others amounted to Rs. 0.80 Cr with Charge ID 100096862 was registered on 20 Apr 2017.

    20 Apr 2017

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.05 Cr with Charge ID 100072716 was registered on 22 Dec 2016.

    22 Dec 2016

Frequently asked questions

  • Zenith Credit Ltd. was incorporated on 29 Aug 1988.

  • The authorized share capital of Zenith Credit Ltd. is ₹ 4.10 Cr and paid-up capital is ₹ 4.01 Cr.

  • Currently 4 directors are associated with Zenith Credit Ltd..

    • Piyush Loyalka
    • Vasudha Loyalka
    • Gajanand Sharma
    • Madan Lal Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Zenith Credit Ltd. is 19 R N Mukherjee Road 2Nd Floor India, Kolkata, West Bengal, 700001.

  • The corporate identification number (CIN) of Zenith Credit Ltd. is U17299WB1988PLC045065 and the company number is 045065 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Zenith Credit Ltd. is https://www.zenithcreditltd.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Zenith Credit Ltd. has risen by 41.02%.

  • As Per 2023 financial reports, 16 employees are currently employed by Zenith Credit Ltd..

  • The financial reports for the fiscal year 2023 indicates that The net worth of Zenith Credit Ltd. has experienced an upsurge of 4.56%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Zenith Credit Ltd. amount to ₹ 0.33 M.

  • The most recent Balance Sheet for Zenith Credit Ltd. was filed with the ROC on 31 Mar 2023.

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