Syncon Elevators (India) Private Limited

Provides elevator and escalator products and services through partnerships and trading.

2008 | Mumbai, Maharashtra (India) | Active
Last Updated: October 24, 2024

Syncon Elevators (India) Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.82 M
  • Company Age 17 Year, 23 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.62 M
  • Satisfied Charges ₹ 0.80 M
  • Revenue Growth 361.07%
  • Profit Growth 335.35%
  • Ebitda 10.62%
  • Net Worth 43.69%
  • Total Assets -20.22%

About Syncon Elevators (India)

Syncon Elevators (India) Private Limited (SEIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 January 2008 and has a history of 17 years. Its registered office is in Mumbai, Maharashtra.

The Company is engaged in the Machinery And Equipment 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 2.00 Cr and a paid-up capital of Rs 1.82 M.

The company currently has active open charges totaling ₹1.62 M. The company has closed loans amounting to ₹0.80 M, as per Ministry of Corporate Affairs (MCA) records.

Ashok Khare, Arumugam Krishnakumar, Vishwanath Vaity, and One other member serve as directors at the Company.

Company Details

  • Location
    Mumbai, Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29253MH2008PTC215048

  • Company No.

    215048

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Jan 2008

  • Date of AGM

    31 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

Who are the key members and board of directors at Syncon Elevators (India)?

Executive Team (1)

Name Designation Appointment Date Status
Rakesh Kumar Country flag representing In Managing Director 10-Mar-2018 Current

Board Members (3)

Name Designation Appointment Date Status
Ashok Khare Country flag representing In Director 16-Jan-2008 Current
Arumugam Krishnakumar Country flag representing In Director 01-May-2010 Current
Vishwanath Vaity Country flag representing In Director 10-Mar-2018 Current

Financial Performance of Syncon Elevators (India).

Syncon Elevators (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 361.07% increase. The company also saw a substantial improvement in profitability, with a 335.35% increase in profit. The company's net worth Soared by an impressive increase of 43.69%.

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
361.07%
Revenue from Operations
354.43%
Total Assets
-20.22%
Profit or Loss
335.35%
Net Worth
43.69%
EBITDA
10.62%

What is the Ownership and Shareholding Structure of Syncon Elevators (India)?

In 2023, Syncon Elevators (India) 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

₹0.16 Cr

Satisfied Charges

₹0.08 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.16 Cr

Latest Charge Details

Date Lender Amount Status
18 Jan 2023 Hdfc Bank Limited ₹0.39 M Open
18 Jan 2023 Hdfc Bank Limited ₹0.39 M Open
03 Mar 2022 Hdfc Bank Limited ₹0.85 M Open
08 Jun 2015 Kotak Mahindra Prime Limited ₹0.80 M Satisfied

How Many Employees Work at Syncon Elevators (India)?

Unlock and access historical data on people associated with Syncon Elevators (India), 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 Syncon Elevators (India), 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 Syncon Elevators (India)'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 Syncon Elevators (India)

Recent activity within the organization

  • Annual General Meeting

    Syncon Elevators (India) Private Limited last Annual general meeting of members was held on 31 Aug 2024 as per latest MCA records.

    31 Aug 2024

  • Balance Sheet

    Syncon Elevators (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.04 Cr with Charge ID 100677318 was registered on 18 Jan 2023.

    18 Jan 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.04 Cr with Charge ID 100677320 was registered on 18 Jan 2023.

    18 Jan 2023

  • Charges

    A charge registered on 08 Jun 2015 via Charge ID 10581104 with Kotak Mahindra Prime Limited was fully satisfied on 15 Jul 2022.

    15 Jul 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.09 Cr with Charge ID 100552785 was registered on 03 Mar 2022.

    03 Mar 2022

Frequently asked questions

  • Syncon Elevators (India) Private Limited was incorporated on 16 Jan 2008.

  • The authorized share capital of Syncon Elevators (India) Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.82 M.

  • Currently 4 directors are associated with Syncon Elevators (India) Private Limited.

    • Ashok Ramchandra Khare
    • Arumugam Krishnakumar
    • Vishwanath Vinayak Vaity
    • Rakesh Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Syncon Elevators (India) Private Limited is Plot No. C-222 Ttc Industrial Area Midc Pawane Navi Mum Bai India, Mumbai, Maharashtra, 400705.

  • The corporate identification number (CIN) of Syncon Elevators (India) Private Limited is U29253MH2008PTC215048 and the company number is 215048 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Syncon Elevators (India) Private Limited is https://www.syncon.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Syncon Elevators (India) Private Limited has risen by 361.07%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Syncon Elevators (India) Private Limited has experienced an upsurge of 43.69%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Syncon Elevators (India) Private Limited amount to ₹ 1.62 M.

  • The most recent Balance Sheet for Syncon Elevators (India) Private Limited was filed with the ROC on 31 Mar 2024.

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