Zolve Innovations Private Limited

Provides software design, development, customization, and maintenance services for own and third-party software packages.

2020 | Bangaluru, Karnataka (India) | Active
Last Updated: November 16, 2024

Zolve Innovations Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 4 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 50.00 Cr
  • Revenue Growth 28.87%
  • Profit Growth -3614.89%
  • Ebitda -427.64%
  • Net Worth -3597.18%
  • Total Assets -61.86%

About Zolve Innovations

Zolve Innovations Private Limited (ZIPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 December 2020 (Four years and one month 16 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Information Technology 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 1.50 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹50.00 Cr.

Raghunandan Gangappa and Shilpa Udupa serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72900KA2020PTC142465

  • Company No.

    142465

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Dec 2020

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

Who are the key members and board of directors at Zolve Innovations?

Board Members (2)

Name Designation Appointment Date Status
Raghunandan Gangappa Country flag representing In Director 22-Dec-2020 Current
Shilpa Udupa Country flag representing In Director 22-Dec-2020 Current

Financial Performance of Zolve Innovations.

Zolve Innovations Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.87% increase. The company also saw a substantial fall in profitability, with a 3614.89% decrease in profit. The company's net worth observed a substantial decline by a decrease of 3597.18%.

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
28.87%
Revenue from Operations
27.91%
Total Assets
-61.86%
Profit or Loss
-3614.89%
Net Worth
-3597.18%
EBITDA
-427.64%

What is the Ownership and Shareholding Structure of Zolve Innovations?

In 2022, Zolve Innovations 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

₹500.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 50.00 Cr

Latest Charge Details

Date Lender Amount Status
21 Nov 2023 Others ₹50.00 Cr Open

How Many Employees Work at Zolve Innovations?

Zolve Innovations has a workforce of 119 employees as of Apr 04, 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 Zolve Innovations, 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 Zolve Innovations'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 Zolve Innovations

Recent activity within the organization

  • Annual General Meeting

    Zolve Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Zolve Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 500.00 M with Charge ID 100881457 was registered on 21 Nov 2023.

    21 Nov 2023

  • Director Appointment

    Raghunandan Gangappa was appointed as a Director was appointed as a Director on 22 Dec 2020 & has been associated with this company since 4 years 1 month .

    22 Dec 2020

  • Director Appointment

    Shilpa Balkur Udupa was appointed as a Director was appointed as a Director on 22 Dec 2020 & has been associated with this company since 4 years 1 month .

    22 Dec 2020

  • Company Incorporation

    Zolve Innovations Private Limited was registered on 22 Dec 2020 with Roc Bangalore & aged 4 years 1 month as per MCA records.

    22 Dec 2020

Frequently asked questions

  • Zolve Innovations Private Limited was incorporated on 22 Dec 2020.

  • The authorized share capital of Zolve Innovations Private Limited is ₹ 1.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Zolve Innovations Private Limited.

    • Raghunandan Gangappa
    • Shilpa Balkur Udupa
  • As per Ministry of Corporate Affairs (Mca), the registered address of Zolve Innovations Private Limited is 7Th Floor Ecoworld 6B Outer Ring Road Devarabeensanahalli Vil Lage, India, Bengaluru, Karnataka, 560103.

  • The corporate identification number (CIN) of Zolve Innovations Private Limited is U72900KA2020PTC142465 and the company number is 142465 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Zolve Innovations Private Limited is https://www.zolve.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Zolve Innovations Private Limited has risen by 28.87%.

  • As Per 2023 financial reports, 119 employees are currently employed by Zolve Innovations Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Zolve Innovations Private Limited has experienced an downturn of -3597.18%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Zolve Innovations Private Limited amount to ₹ 50.00 Cr.

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