Synco Industries Limited logo

Synco Industries Limited

Manufacturer and trader of oil, oiled cake, and industrial equipment for surface finishing.
1982 | Jodhpur, Rajasthan (India) | Active

Last Updated:

November 15, 2024
HomeCompanySynco Industries Limited

Who are the key members and board of directors at Synco Industries?

Executive Team (1)

NameDesignationAppointment DateStatus
Tribhuwan Bhandari InManaging Director15-Mar-1982Current

Board Members(2)

NameDesignationAppointment DateStatus
Sudeep Bhandari In Director 19-Jul-2010Current
Trideep Bhandari In Director 25-May-2011Current

Financial Performance of Synco Industries.

Synco Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.51% increase. The company also saw a substantial fall in profitability, with a 24.61% decrease in profit. The company's net worth moved up by a moderate rise of 9.04%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
14.51%
Revenue from Operations
13.99%
Total Assets
10.08%
Profit or Loss
-24.61%
Net Worth
9.04%
EBITDA
-7.77%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹15.50 Cr

₹40.10 Cr

LenderAmountStatus

Others

Creation Date: 09 Mar 2021
₹15.50 CrOpen

Others

Creation Date: 31 Jul 2018
₹5.00 CrSatisfied

Others

Creation Date: 07 Dec 2016
₹4.10 CrSatisfied

How Many Employees Work at Synco Industries?

Synco Industries has a workforce of 75 employees as of Apr 03, 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.

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Latest Updates, News, and FAQs on Synco Industries

Recent activity within the organization

  • Annual General Meeting

    Synco Industries Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.

    25 Sep 2024

  • Balance Sheet

    Synco Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 15.50 Cr registered on 09 Mar 2021 with Charge ID 100432149 was modified on 01 Mar 2023.

    01 Mar 2023

  • Charges

    A charge registered on 31 Jul 2018 via Charge ID 100202890 with Others was fully satisfied on 16 May 2022.

    16 May 2022

  • Charges

    A charge registered on 25 Feb 2015 via Charge ID 10562576 with Dena Bank was fully satisfied on 26 Mar 2021.

    26 Mar 2021

  • Charges

    A charge with Others amounted to Rs. 15.50 Cr with Charge ID 100432149 was registered on 09 Mar 2021.

    09 Mar 2021

Frequently asked questions

  • Synco Industries Limited was incorporated on 15 Mar 1982.

  • The authorized share capital of Synco Industries Limited is ₹ 10.00 Cr and paid-up capital is ₹ 3.77 Cr.

  • Currently 3 directors are associated with Synco Industries Limited.

    • Tribhuwan Raj Bhandari
    • Sudeep Raj Bhandari
    • Trideep Raj Bhandari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Synco Industries Limited is 16-A (Iii) Heavy Industrial Area, India, Jodhpur, Rajasthan, 342003.

  • The corporate identification number (CIN) of Synco Industries Limited is U17110RJ1982PLC047994 and the company number is 047994 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Synco Industries Limited is https://www.synco.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Synco Industries Limited has risen by 14.51%.

  • As Per 2023 financial reports, 75 employees are currently employed by Synco Industries Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Synco Industries Limited has experienced an upsurge of 9.04%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Synco Industries Limited amount to ₹ 15.50 Cr.

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

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