COMPANY INTELLIGENCE PROFILE
Zero Enthalpy Labs Pvt LTD
Zero Enthalpy Labs Pvt Ltd is the legal entity behind the consumer brand "Zevic" — an ISO 9001:2000-certified, DPIIT-recognised "Startup" (per TheCompanyCheck) manufacturer and marketer of sugar-free/stevia-based products: Stevioside & Reb A powder and liquid stevia (using in-house green extraction technology), stevia-sweetened chocolates, apple cider vinegar, and other "guilt-free" superfoods (chia seeds, quinoa, green coffee beans).
Zero Enthalpy Labs Pvt Ltd, active since 20 February 2013, is known for its brand "Zevic" which produces sugar-free and stevia-based products, including chocolates and superfoods. The company, recognized as a DPIIT startup, reached an operating revenue of ₹6.21 crore for FY2023. It has one open charge from Indian Overseas Bank. No audited financial statements or credit ratings were found. The company is led by Co-founder Gaurav Singla.
AI-generated, may contain errors.
Business Overview
- Zero Enthalpy Labs Pvt Ltd is the legal entity behind the consumer brand "Zevic" — an ISO 9001:2000-certified, DPIIT-recognised "Startup", per TheCompanyCheck, manufacturer and marketer of sugar-free/stevia-based products: Stevioside & Reb A powder and liquid stevia, using in-house green extraction technology, stevia-sweetened chocolates, apple cider vinegar, and other "guilt-free" superfoods, chia seeds, quinoa, green coffee beans.
- Company tagline: "Perfect Guilt Free Indulgence." Own website: zevic.in.
- Founded/led by Gaurav Singla, Co-founder & Director, per LinkedIn/RocketReach.
Sector & Classification
Manufacturing — Food, beverages and tobacco products; sub-classified variously as "Sugar and Stevia leaves" (Tofler) and "Bakery & Confectionery Products" (TheCompanyCheck); one aggregator snippet said "Furniture manufacturing" which is clearly a mismatched NIC auto-tag and is disregarded as it conflicts with the company's actual business (stevia-based sweeteners/chocolates, brand "Zevic")
Directors & Key Management
Directors — source notes
Four directors identified, cross-confirmed across Tofler and TheCompanyCheck: (1) Sandeep Panwar — DIN 06466192, appointed 20 Feb 2013 (also a shareholder per Tofler); (2) Singla Gaurav (Gaurav Singla) — DIN 09505359 (per Falconebiz; Tofler/TheCompanyCheck did not show his DIN); (3) Nikhil Rajpal — DIN 07309356, appointed 20 Nov 2015; (4) Simar Deep Singh Mann — DIN 07309625, appointed 20 Nov 2015. All DINs shown as Active status. No past/resigned directors could be confirmed (paywalled on aggregators per known source limitations).
GST Registrations
Primary GSTIN: 06AAACZ6526B1ZK (state code 06 = Haryana), derived from a single WebSearch snippet (source page not independently re-verified via a dedicated GSTIN-lookup page such as knowyourgst/findgst) — marked partial confidence. PAN embedded in GSTIN (AAACZ6526B) matches the PAN reported by Tofler, which is a good consistency check. Number of GST registrations, filing status: not obtained.
Financials
Zero Enthalpy Labs Pvt LTD reported FY2023 revenue of ₹6.21 crore, a 6% decline YoY according to TheCompanyCheck. Tofler noted FY2021-22 operating revenue between ₹1-100 crore, with EBITDA down 15.25% YoY and net worth increasing by 9.86% YoY.
AI-generated, may contain errors.
- Two aggregators show diverging figures and neither states standalone vs consolidated explicitly, company has no subsidiaries reported, so figures are presumed standalone: Tofler shows FY2021-22 operating revenue in the broad range "₹1–100 cr", EBITDA down 15.25% YoY, net worth up 9.86% YoY.
- TheCompanyCheck shows FY2023, year ended 31 Mar 2023, revenue of ₹6.21 cr, down ~6% YoY, with EBITDA/PAT marked "locked/not disclosed" on the free tier.
- These are not directly comparable, different years, one is a range, — flagged as a source conflict / partial confirmation.
- No audited financial statement PDF was located to resolve this.
Funding History
- Zevic/Zero Enthalpy Labs is tagged as "funded" on Tracxn with 1 institutional investor across what appears to be a single funding round, but the investor name and amount raised are paywalled/redacted on Tracxn's public page and could not be confirmed via any other source, Inc42/Entrackr/Moneycontrol had no dedicated coverage found.
- Per instructions, Tracxn is used here only to note that a round occurred, not for financial detail.
- Funding amount and investor name: not obtained.
Loans & Charges
| Charge holder | Amount | Details |
|---|---|---|
| Indian Overseas Bank holds a charge of | ₹2.5 | –2 |
| TheCompanyCheck additionally shows | ₹13.1 lakh | in satisfied/closed charges |
- One open charge confirmed by both Tofler and TheCompanyCheck: 55 crore, created 19 October 2022
- Per known source caveat, "no other open charges shown" does not necessarily mean none ever existed.
Credit Ratings
- None found — no CRISIL/ICRA/CARE rating for Zero Enthalpy Labs Pvt Ltd could be located via web search
- Company's small paid-up capital and revenue scale suggest it may not carry a public bank-loan rating from these agencies.
Competitive Landscape
- Indian sugar-free/stevia and "guilt-free" snacking/sweetener brands of broadly similar D2C/FMCG scale: So Sweet, Sarveshwar-adjacent stevia brand, comparable retail scale, Nutriorg, stevia leaf powder, similar scale, Nutriwish, Wellversed, and Sattviko/RiteBite-type health-snacking brands, named per category adjacency though direct competitive-set confirmation was limited by search results
- At a larger scale, category leaders like Nutricharge/Nature's Basket-style natural-sweetener aggregators also compete on shelf space. Confidence: partial — competitor set inferred from category search, not a dedicated competitor-analysis source.
Frequently Asked Questions
What does Zero Enthalpy Labs Pvt Ltd do?
Zero Enthalpy Labs Pvt Ltd, under the brand name 'Zevic', manufactures and markets sugar-free/stevia-based products. These include Stevioside & Reb A powder and liquid stevia, stevia-sweetened chocolates, apple cider vinegar, and other superfoods like chia seeds, quinoa, and green coffee beans.
What is the CIN of Zero Enthalpy Labs Pvt Ltd?
The CIN of Zero Enthalpy Labs Pvt Ltd is U36101HR2013PTC048397.
What is the incorporation date of Zero Enthalpy Labs Pvt Ltd?
Zero Enthalpy Labs Pvt Ltd was incorporated on 20 February 2013.
What is the registered office address of Zero Enthalpy Labs Pvt Ltd?
The registered office address of Zero Enthalpy Labs Pvt Ltd is Premises No. 49, Haripur Village, Sector-4, Panchkula, Haryana, India to 134109.
What is the GSTIN for Zero Enthalpy Labs Pvt Ltd?
The primary GSTIN for Zero Enthalpy Labs Pvt Ltd is 06AAACZ6526B1ZK as per available sources.
Sources
Tofler (https://www.tofler.in/zero-enthalpy-labs-private-limited/company/U36101HR2013PTC048397); TheCompanyCheck (https://www.thecompanycheck.com/company/zero-enthalpy-labs-private-limited/U36101HR2013PTC048397); Falconebiz director page (https://www.falconebiz.com/director/09505359/GAURAV-SINGLA); Tracxn legal-entity page (funding-round existence only, per rules); official site zevic.in; LinkedIn/RocketReach for founder bio (context only, not a registry fact).
Information compiled from public registry and secondary sources. It may be incomplete or dated; verify independently before relying on it.