Sycon Constructions Profile
Key Indicators
- Authorised Capital ₹ 1.50 M
- Paid Up Capital ₹ 1.00 M
- Company Age 21 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 62.87 Cr
- Revenue Growth 398.40%
- Profit Growth 89.72%
- Ebitda 63.57%
- Net Worth -0.91%
- Total Assets -2.43%
About Sycon Constructions
Sycon Constructions Private Limited (SCPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 March 2003 and has a history of 21 years and ten months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Real Estate And Construction 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 1.00 M.
The company has closed loans amounting to ₹62.87 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Kumar Nadig and Anil Bagalwadi serve as directors at the Company.
Company Details
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Location
Bangaluru, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U74210KA2003PTC031706
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Company No.
031706
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
17 Mar 2003
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Sycon Constructions?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kumar Nadig
|
Director | 17-Mar-2003 | Current |
Anil Bagalwadi
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Director | 17-Mar-2003 | Current |
Financial Performance of Sycon Constructions.
Sycon Constructions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 398.4% increase. The company also saw a substantial improvement in profitability, with a 89.72% increase in profit. The company's net worth dipped by a decrease of 0.91%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Sycon Constructions?
In 2023, Sycon Constructions had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Sycon Infra Private LimitedKumar Nadig and Anil Bagalwadi are mutual person
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Cargoflo Logistics Private Limited
Kumar Nadig is a mutual person
Charges (Loans)
₹0
₹628.73 M
Charges Breakdown by Lending Institutions
- Others : 33.78 Cr
- Corporation Bank : 29.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Apr 2018 | Others | ₹4.53 Cr | Satisfied |
| 15 Nov 2017 | Others | ₹3.00 Cr | Satisfied |
| 06 Sep 2017 | Others | ₹20.00 Cr | Satisfied |
| 30 Jun 2016 | Others | ₹3.00 Cr | Satisfied |
| 18 Sep 2014 | Corporation Bank | ₹10.00 Cr | Satisfied |
How Many Employees Work at Sycon Constructions?
Sycon Constructions has a workforce of 8 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sycon Constructions, 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 Sycon Constructions's trajectory.
Rating
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
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.