Company Intelligence Profile
The Zigma Technologies India Private Limited
Family-promoted, Erode (Tamil Nadu) headquartered IT services company incorporated 2004.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| Registered name | The Zigma Technologies India Private Limited |
|---|---|
| CIN | U72200TZ2004PTC011138 |
| PAN | AACCT0611K (Tofler; corroborated indirectly — matches PAN prefix of both GSTINs found on KnowYourGST) |
| Status | Active |
| Listing | Unlisted (private limited company) |
| Incorporated | 06 May 2004 (Tofler, TheCompanyCheck — agree) |
| ROC | RoC Coimbatore (Tamil Nadu jurisdiction; Tofler shows "Tamil Nadu", TheCompanyCheck shows "Coimbatore" — consistent, CIN prefix TZ) |
| Sector (NIC) | Computer/IT-related services — NIC group 72200 "Other computer related activities" implied by CIN prefix U72200; Tofler describes activity as "application development, website designing, software development, logo designing services", TheCompanyCheck as "IT consulting and support services". Company's own site (zigmaindia.com) markets Infrastructure Management, Application Management, Cloud, Hardware, Mobility, Banking IT and Consulting services — confirms IT services identity. |
| Registered address | Amara Complex, 747 S K C Road, Erode, Tamil Nadu 638001 (Tofler and TheCompanyCheck agree exactly) |
| Authorized capital | ₹9.0 Cr (Tofler and TheCompanyCheck agree) |
| Paid-up capital | ₹6.9–6.94 Cr (Tofler: ₹6.9 Cr; TheCompanyCheck: ₹6.94 Cr — minor rounding difference, both confirm) |
Business Overview
Confirmed- Family-promoted, Erode (Tamil Nadu) headquartered IT services company incorporated 2004
- Registry filings describe activity as computer/software/application-development and IT consulting services
- The company's own website (https://www.zigmaindia.com) markets itself as a full-service IT solutions provider across Infrastructure Management, Application Management/Development, Cloud Services, Data Management, Mobility Services, Hardware Services, Banking-sector IT and Consulting Services, serving Government, Manufacturing, BFSI, Retail and Telecom verticals
- it also references an ISO/SSI/NSIC-certified manufacturing unit and CSR/green-energy initiatives
- FY2025 revenue is reported in the ₹300–400 Cr band (see financials), indicating a mid-sized regional IT services/systems-integration player
Directors
Confirmed| Name | DIN | Role | Appointed |
|---|---|---|---|
| Shanmugam Rajakathiravan | 01647987 | Managing Director, DIN 01647987 Tofler, appointed 06 May 2004 since incorporation | 06 May 2004 |
| Shanmugam A Palaniappa Gounder | 06741432 | Director, DIN 06741432 Tofler, appointed 21 Nov 2013 Both are also stated TheCompanyCheck to be the company's shareholders. No other directors found on the sources checked. | 21 Nov 2013 |
GST Registrations
Confirmed| GSTIN | State | PAN | Status |
|---|---|---|---|
| 33AACCT0611K1ZQ | Tamil Nadu | AACCT0611K (Tofler; corroborated indirectly — matches PAN prefix of both GSTINs found on KnowYourGST) | - |
| 34AACCT0611K1ZO | Puducherry | AACCT0611K (Tofler; corroborated indirectly — matches PAN prefix of both GSTINs found on KnowYourGST) | - |
2 GSTINs found for PAN AACCT0611K via KnowYourGST PAN search (individual GSTIN pages checked): - Primary/home state: 33AACCT0611K1ZQ — Tamil Nadu (Erode), registered as "THE ZIGMA TECHNOLOGIES (INDIA) PRIVATE LIMITED", Regular scheme, registration date 01/07/2017 (GST rollout date), entity type Private Limited Company, address matches registered office (Amara Complex 747, S.K.C Road, Erode 638001). Status shown as active (no cancellation indicated). - Additional state registration: 34AACCT0611K1ZO — Puducherry. Total registrations: 2 states (Tamil Nadu home state + Puducherry). PAN on both GSTINs (AACCT0611K) matches the company PAN reported by Tofler — cross-confirms identity. Confirmed via 1 primary source (KnowYourGST) covering both GSTINs; not independently cross-checked on a second GST-focused site due to fetch blocks on findgst.in/mastersindia.co (404s).
Financials
Partial / conflictingPartial — FY2025 (year ended Mar 2025), standalone basis:
| Revenue/turnover | ~₹386.77 Cr per TheCompanyCheck (stated as "declined ~4% YoY"); Tofler shows a broader band "₹300–400 Cr" for the same period. Both sources agree the company is in the ₹300–400 Cr revenue bracket |
|---|---|
| EBITDA | Tofler shows +2.1% YoY change; absolute figure paywalled ("Tofler Pro") |
| PAT (net profit) | Tofler shows a 21.41% YoY decline; absolute figure paywalled |
| Net worth | Tofler shows +14.42% YoY increase; absolute figure paywalled |
| Total borrowings | Tofler shows +37.68% YoY increase; absolute figure paywalled |
Precise absolute P&L/balance-sheet figures were not obtainable from the free tiers of the sources checked — flagged as a data gap.
Charges / Borrowings
Partial / conflictingConfirmed (with a figure conflict flagged) — active secured borrowings against the company:
- Indian Overseas Bank: charge created 14 May 2024, amount reported as ₹101.9 Cr (Tofler) vs. ₹117.37 Cr (TheCompanyCheck) — sources disagree on exact quantum, both agree IOB is the primary secured lender.
- The Federal Bank Limited: charge created 05 Feb 2022, amount ₹19.8 Cr (both sources agree).
- TheCompanyCheck additionally reports aggregate "Open charges: ₹137.17 Cr" and "Satisfied charges: ₹22.24 Cr" across all lenders.
Treat exact IOB amount as unconfirmed pending a primary-filing (MCA charge index) cross-check, which is outside the permitted source list for this task.
Legal / Litigation
Partial / conflictingPartial/Confirmed for tax litigation — Indian Kanoon search surfaced several matters plausibly tied to this Erode-based entity (name + Madras High Court jurisdiction match):
- Principal Commissioner Of Income Tax 2 vs M/S. The Zigma Technologies (I)(P) Ltd — Madras High Court, 2 Nov 2018 and again 6 Jun 2019 (income-tax appeals).
- Tvl. The Zigma Technologies India Pvt Ltd vs The Assistant Commissioner (CT)(FAC) — Madras High Court, 10 Oct 2017 (sales/commercial tax matter).
- ACIT, Erode vs Zigma Technologies (I)(P) Limited — ITAT Chennai, 23 Oct 2019 (income-tax appeal).
- R. Vaithiyanathan vs The Assistant Commissioner Labour — Madras High Court, 10 Jun 2024 (labour dispute naming Zigma Technologies India Pvt Ltd as a contractor-party, not necessarily a respondent).
Note: a separate "M/S Zigma Technologies vs The Commissioner" case in Karnataka High Court (10 Jan 2024) also surfaced but could not be confirmed as this entity vs. an unrelated "Zigma Technologies" business found in Bengaluru during domain research — flagged as possible entity confusion and excluded from confirmed list. All matters found are routine tax/labour litigation; no criminal, insolvency, or fraud proceedings found.
Competitors
Partial / conflicting- Partial/inferred — no direct named-competitor list found in any source
- based on the company's stated service lines (IT infrastructure management, application development, cloud, hardware, banking-sector IT, systems integration) and its ~₹300-400 Cr revenue scale, comparable mid-sized Indian IT-services/systems-integration peers include: Trigyn Technologies, Sify Technologies (larger scale), Allsec Technologies, In2IT Technologies, and Smartlink Network Systems
- These are analyst-style inferred comparables based on business-model similarity, not sourced from a peer-comparison document — treat as indicative only
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