Zuti Engineering Solutions Private Limited

Provides product development and engineering services to clients in various industries.

2004 | Hyderabad, Telangana (India) | Active
Last Updated: November 16, 2024

Zuti Engineering Solutions Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 2.93 Cr
  • Company Age 20 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.30 Cr
  • Satisfied Charges ₹ 9.80 M
  • Revenue Growth -12.45%
  • Profit Growth -24.50%
  • Ebitda -28.04%
  • Net Worth 28.48%
  • Total Assets -5.31%

About Zuti Engineering Solutions

Zuti Engineering Solutions Private Limited (ZESPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 June 2004 and has a history of 20 years and seven months. Its registered office is in Hyderabad, Telangana, India.

The Corporate was formerly known as Verimetrix Tchnologies P Ltd. The Company is engaged in the Engineering 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 6.00 Cr and a paid-up capital of Rs 2.93 Cr.

The company currently has active open charges totaling ₹3.30 Cr. The company has closed loans amounting to ₹9.80 M, as per Ministry of Corporate Affairs (MCA) records.

Renuka Seelam and Vijay Seelam serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200TG2004PTC043548

  • Company No.

    043548

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Jun 2004

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Engineering

What products or services does Zuti Engineering Solutions Private Limited offer?

Zuti Engineering Solutions Private Limited offers a wide range of products and services, including Product Engineering and Prototyping, Product Prototyping Services, Electrical & Electronic Goods Repair, Electronic Repair Service, 3D Printer & Services, 3D Prototype Printing Services, Web Development & Marketing Services, Website Optimization Service, Computer and Mobile Softwares & Apps, Asset Management Software.

Who are the key members and board of directors at Zuti Engineering Solutions?

Executive Team (1)

Name Designation Appointment Date Status
Vijay Seelam Country flag representing In Managing Director 28-Jun-2004 Current

Board Members (1)

Name Designation Appointment Date Status
Renuka Seelam Country flag representing In Director 28-Jun-2004 Current

Financial Performance of Zuti Engineering Solutions.

Zuti Engineering Solutions Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 12.45% decrease. The company also saw a substantial fall in profitability, with a 24.5% decrease in profit. The company's net worth Soared by an impressive increase of 28.48%.

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
-12.45%
Revenue from Operations
-12.28%
Total Assets
-5.31%
Profit or Loss
-24.50%
Net Worth
28.48%
EBITDA
-28.04%

What is the Ownership and Shareholding Structure of Zuti Engineering Solutions?

In 2023, Zuti Engineering Solutions had a promoter holding of 97.53% and a public holding of 2.47%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.30 Cr

Satisfied Charges

₹0.98 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 3.30 Cr

Latest Charge Details

Date Lender Amount Status
30 Jan 2019 Axis Bank Limited ₹3.30 Cr Open
18 Feb 2010 State Bank Of India ₹9.80 M Satisfied

How Many Employees Work at Zuti Engineering Solutions?

Zuti Engineering Solutions has a workforce of 32 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 Zuti Engineering Solutions, 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 Zuti Engineering Solutions'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 Zuti Engineering Solutions

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Zuti Engineering Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited of Rs. 3.30 Cr registered on 30 Jan 2019 with Charge ID 100246152 was modified on 20 Aug 2020.

    20 Aug 2020

  • Charges

    A charge registered on 18 Feb 2010 via Charge ID 10204929 with State Bank Of India was fully satisfied on 25 Sep 2019.

    25 Sep 2019

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 3.30 Cr with Charge ID 100246152 was registered on 30 Jan 2019.

    30 Jan 2019

  • Charges

    A charge with State Bank Of India of Rs. 0.98 Cr registered on 18 Feb 2010 with Charge ID 10204929 was modified on 29 Dec 2017.

    29 Dec 2017

Frequently asked questions

  • Zuti Engineering Solutions Private Limited was incorporated on 28 Jun 2004.

  • The authorized share capital of Zuti Engineering Solutions Private Limited is ₹ 6.00 Cr and paid-up capital is ₹ 2.93 Cr.

  • Currently 2 directors are associated with Zuti Engineering Solutions Private Limited.

    • Renuka Reddy Seelam
    • Vijay Bhasker Reddy Seelam
  • As per Ministry of Corporate Affairs (Mca), the registered address of Zuti Engineering Solutions Private Limited is Sy. No 785/2 At Site No.14-59/4 14-59/5 Near Ravalkole X Road, Medchal Village A Nd Mandal India, Hyderabad, Telangana, 501401.

  • The corporate identification number (CIN) of Zuti Engineering Solutions Private Limited is U72200TG2004PTC043548 and the company number is 043548 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Zuti Engineering Solutions Private Limited is https://www.zuti.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Zuti Engineering Solutions Private Limited has fallen by -12.45%.

  • As Per 2023 financial reports, 32 employees are currently employed by Zuti Engineering Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Zuti Engineering Solutions Private Limited has experienced an upsurge of 28.48%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Zuti Engineering Solutions Private Limited amount to ₹ 3.30 Cr.

  • The most recent Balance Sheet for Zuti Engineering Solutions Private Limited was filed with the ROC on 31 Mar 2024.