Ind Synergy Limited

Produces sponge iron, billets, and power at Raigarh plant.

1985 | Raigarh, Chattisgarh (India) | Active
Last Updated: January 05, 2025

Ind Synergy Profile

Key Indicators

  • Authorised Capital ₹ 55.00 Cr
  • Paid Up Capital ₹ 31.04 Cr
  • Company Age 39 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 673.57 Cr
  • Satisfied Charges ₹ 2,509.04 Cr
  • Revenue Growth 86.99%
  • Profit Growth 314.80%
  • Ebitda 104.25%
  • Net Worth 50.79%
  • Total Assets 5.35%

About Ind Synergy

Ind Synergy Limited (ISL) is a leading Public Limited Indian Non-Government Company incorporated in India on 28 March 1985 and has a history of 39 years and ten months. Its registered office is in Raigarh, Chattisgarh, India.

The Corporate was formerly known as Goel Agro-Forestry And Finance Pvt Ltd. The Company is engaged in the Metals And Minerals 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 55.00 Cr and a paid-up capital of Rs 31.04 Cr.

The company currently has active open charges totaling ₹673.57 Cr. The company has closed loans amounting to ₹2,509.04 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ind Synergy Limited India are Krishan Battash as CFO and Shaivi Bansal as Company Secretary. Ghanshyam Dalmia, Shrawan Agrawal, Anup Bansal, and Two other members serve as directors at the Company.

Company Details

  • Location

    Raigarh, Chattisgarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15143CT1985PLC002806

  • Company No.

    002806

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Mar 1985

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chhattisgarh

Industry

Metals and Minerals
Energy and Power

What products or services does Ind Synergy Limited offer?

Ind Synergy Limited offers a wide range of products and services, including Iron Ore, Sponge Iron.

Who are the key members and board of directors at Ind Synergy?

Executive Team (2)

NameDesignationAppointment DateStatus
Krishan Battash CFO16-Aug-2022Current
Shaivi Bansal Company Secretary01-Nov-2019Current

Board Members (5)

NameDesignationAppointment DateStatus
Ghanshyam Dalmia Country flag representing In Director 10-Apr-2018Current
Shrawan Agrawal Country flag representing In Whole-Time Director 10-Apr-2018Current
Anup Bansal Country flag representing In Director 18-Sep-2023Current
Netrananda Thatoi Director 15-Oct-2024Current
Megha Agrawal Country flag representing In Director 25-Nov-2022Current

Financial Performance of Ind Synergy.

Ind Synergy Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 86.99% increase. The company also saw a substantial improvement in profitability, with a 314.8% increase in profit. The company's net worth Soared by an impressive increase of 50.79%.

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
86.99%
Revenue from Operations
87.98%
Total Assets
5.35%
Profit or Loss
314.80%
Net Worth
50.79%
EBITDA
104.25%

What is the Ownership and Shareholding Structure of Ind Synergy?

In 2022, Ind Synergy had a promoter holding of 99.86% and a public holding of 0.15%. The company had 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹673.57 Cr

Satisfied Charges

₹2,509.04 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 392.81 Cr
  • Others : 145.06 Cr
  • Hdfc Bank Limited : 132.24 Cr
  • Yes Bank Limited : 3.45 Cr

Latest Charge Details

DateLenderAmountStatus
12 Mar 2024Canara Bank₹392.81 CrOpen
02 Feb 2024Hdfc Bank Limited₹32.50 CrOpen
02 Feb 2024Hdfc Bank Limited₹76.00 CrOpen
27 Oct 2023Others₹50.00 CrOpen
11 Sep 2023Hdfc Bank Limited₹1.00 CrOpen

How Many Employees Work at Ind Synergy?

Ind Synergy has a workforce of 916 employees as of Apr 05, 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 Ind Synergy, 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 Ind Synergy'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 Ind Synergy

Recent activity within the organization

  • Director Appointment

    Netrananda Thatoi was appointed as a Director was appointed as a Director on 15 Oct 2024 & has been associated with this company since 3 months 17 days .

    15 Oct 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 32.50 Cr registered on 02 Feb 2024 with Charge ID 100862836 was modified on 07 Oct 2024.

    07 Oct 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 76.00 Cr registered on 02 Feb 2024 with Charge ID 100862838 was modified on 07 Oct 2024.

    07 Oct 2024

  • Annual General Meeting

    Ind Synergy Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge registered on 25 Feb 2023 via Charge ID 100683512 with Others was fully satisfied on 16 May 2024.

    16 May 2024

  • Balance Sheet

    Ind Synergy Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chhattisgarh.

    31 Mar 2024

Frequently asked questions

  • Ind Synergy Limited was incorporated on 28 Mar 1985.

  • The authorized share capital of Ind Synergy Limited is ₹ 55.00 Cr and paid-up capital is ₹ 31.04 Cr.

  • Currently 7 directors are associated with Ind Synergy Limited.

    • Ghanshyam Dalmia
    • Shrawan Kumar Agrawal
    • Anup Bansal
    • Netrananda Thatoi
    • Krishan Kumar Battash
    • Shaivi Bansal
    • Megha Agrawal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ind Synergy Limited is Village Kotmar (Mahuapali) Gharghora Road India, Raigarh, Chattisgarh, 496001.

  • The corporate identification number (CIN) of Ind Synergy Limited is U15143CT1985PLC002806 and the company number is 002806 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Ind Synergy Limited has risen by 86.99%.

  • As Per 2022 financial reports, 916 employees are currently employed by Ind Synergy Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Ind Synergy Limited has experienced an upsurge of 50.79%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Ind Synergy Limited amount to ₹ 673.57 Cr.

  • The most recent Balance Sheet for Ind Synergy Limited was filed with the ROC on 31 Mar 2024.

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