Synchronace Devices Private Limited

Medical trading company specializing in pharmaceuticals, medical equipment, and orthopedic goods.

2005 | Ernakulam, Kerala (India) | Active
Last Updated: January 11, 2025

Synchronace Devices Profile

Key Indicators

  • Authorised Capital ₹ 1.60 M
  • Paid Up Capital ₹ 1.60 M
  • Company Age 20 Year, 5 Days
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 5.82 Cr
  • Revenue Growth -86.97%
  • Profit Growth -56826.47%
  • Ebitda -154.29%
  • Net Worth -57.34%
  • Total Assets -51.76%

About Synchronace Devices

Synchronace Devices Private Limited (SDPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 January 2005 and has a history of 20 years. Its registered office is in Ernakulam, Kerala, India.

The Company is engaged in the Healthcare Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.60 M and a paid-up capital of Rs 1.60 M.

The company has closed loans amounting to ₹5.82 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Indu Ramkumar and Raman Ramkumar serve as directors at the Company.

Company Details

  • Location

    Ernakulam, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U33119KL2005PTC017853

  • Company No.

    017853

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Jan 2005

  • Date of AGM

    19 Sep 2024

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Healthcare
Pharma

Who are the key members and board of directors at Synchronace Devices?

Executive Team (1)

Name Designation Appointment Date Status
Raman Ramkumar Country flag representing In Managing Director 28-Jan-2005 Current

Board Members (1)

Name Designation Appointment Date Status
Indu Ramkumar Country flag representing In Director 05-Oct-2009 Current

Financial Performance of Synchronace Devices.

Synchronace Devices Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 86.97% decrease. The company also saw a substantial fall in profitability, with a 56826.47% decrease in profit. The company's net worth observed a substantial decline by a decrease of 57.34%.

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
-86.97%
Revenue from Operations
-85.93%
Total Assets
-51.76%
Profit or Loss
-56826.47%
Net Worth
-57.34%
EBITDA
-154.29%

What is the Ownership and Shareholding Structure of Synchronace Devices?

In 2020, Synchronace Devices had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹58.18 M

Charges Breakdown by Lending Institutions

  • Idbi Bank Limited : 4.60 Cr
  • Indian Overseas Bank : 1.12 Cr
  • Bharat Overseas Bank Ltd : 0.10 Cr

Latest Charge Details

Date Lender Amount Status
26 Jun 2009 Idbi Bank Limited ₹4.60 Cr Satisfied
16 Jul 2007 Indian Overseas Bank ₹5.00 M Satisfied
16 Jul 2007 Indian Overseas Bank ₹6.00 M Satisfied
16 Jul 2007 Indian Overseas Bank ₹0.18 M Satisfied
28 Oct 2005 Bharat Overseas Bank Ltd ₹1.00 M Satisfied

How Many Employees Work at Synchronace Devices?

Unlock and access historical data on people associated with Synchronace Devices, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Synchronace Devices, 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 Synchronace Devices'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 Synchronace Devices

Recent activity within the organization

  • Annual General Meeting

    Synchronace Devices Private Limited last Annual general meeting of members was held on 19 Sep 2024 as per latest MCA records.

    19 Sep 2024

  • Balance Sheet

    Synchronace Devices Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ernakulam.

    31 Mar 2023

  • Charges

    A charge registered on 26 Jun 2009 via Charge ID 10166976 with Idbi Bank Limited was fully satisfied on 29 Jul 2020.

    29 Jul 2020

  • Charges

    A charge with Idbi Bank Limited of Rs. 46.00 M registered on 26 Jun 2009 with Charge ID 10166976 was modified on 05 Aug 2016.

    05 Aug 2016

  • Director Appointment

    Indu Ramkumar was appointed as a Director was appointed as a Director on 05 Oct 2009 & has been associated with this company since 15 years 4 months .

    05 Oct 2009

  • Charges

    A charge registered on 16 Jul 2007 via Charge ID 10065623 with Indian Overseas Bank was fully satisfied on 08 Jul 2009.

    08 Jul 2009

Frequently asked questions

  • Synchronace Devices Private Limited was incorporated on 28 Jan 2005.

  • The authorized share capital of Synchronace Devices Private Limited is ₹ 1.60 M and paid-up capital is ₹ 1.60 M.

  • Currently 2 directors are associated with Synchronace Devices Private Limited.

    • Indu Ramkumar
    • Raman Ramkumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Synchronace Devices Private Limited is 29/16C1 2Nd Floor Vismaya Toc H School Road, Vyttila P O India, Cochin, Kerala, 682019.

  • The corporate identification number (CIN) of Synchronace Devices Private Limited is U33119KL2005PTC017853 and the company number is 017853 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Synchronace Devices Private Limited has fallen by -86.97%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Synchronace Devices Private Limited has experienced an downturn of -57.34%.

  • The most recent Balance Sheet for Synchronace Devices Private Limited was filed with the ROC on 31 Mar 2023.

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