Syndicate Fashions Private Limited

Fashion trading company with registered office in Tamil Nadu, established in 2008.

2008 | Chennai, Tamil Nadu (India) | Active
Last Updated: July 28, 2024

Syndicate Fashions Profile

Key Indicators

  • Authorised Capital ₹ 8.00 Cr
  • Paid Up Capital ₹ 7.87 Cr
  • Company Age 16 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.34 Cr
  • Satisfied Charges ₹ 2.50 Cr
  • Revenue Growth 5.21%
  • Profit Growth 94.36%
  • Net Worth -0.75%
  • Total Assets -0.64%

About Syndicate Fashions

Syndicate Fashions Private Limited (SFPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 March 2008 and has a history of 16 years and ten months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Fashion And Textile 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 8.00 Cr and a paid-up capital of Rs 7.87 Cr.

The company currently has active open charges totaling ₹4.34 Cr. The company has closed loans amounting to ₹2.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Karthik Balasubramani and Divya Ashokkumar serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17290TN2008PTC066758

  • Company No.

    066758

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Mar 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Fashion and Textile

Who are the key members and board of directors at Syndicate Fashions?

Board Members (2)

Name Designation Appointment Date Status
Karthik Balasubramani Country flag representing In Director 01-Feb-2020 Current
Divya Ashokkumar Country flag representing In Director 28-Aug-2013 Current

Financial Performance of Syndicate Fashions.

Syndicate Fashions Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.21% increase. The company also saw a substantial improvement in profitability, with a 94.36% increase in profit. The company's net worth dipped by a decrease of 0.75%.

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
5.21%
Revenue from Operations
Total Assets
-0.64%
Profit or Loss
94.36%
Net Worth
-0.75%
EBITDA

What is the Ownership and Shareholding Structure of Syndicate Fashions?

In 2023, Syndicate Fashions 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

₹4.34 Cr

Satisfied Charges

₹2.50 Cr

Charges Breakdown by Lending Institutions

  • Magma Fincorp Limited : 2.52 Cr
  • Development Credit Bank : 1.82 Cr

Latest Charge Details

Date Lender Amount Status
24 Feb 2014 Magma Fincorp Limited ₹2.52 Cr Open
28 Feb 2012 Development Credit Bank ₹1.82 Cr Open
18 Jan 2010 Indian Bank ₹2.50 Cr Satisfied

How Many Employees Work at Syndicate Fashions?

Unlock and access historical data on people associated with Syndicate Fashions, 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 Syndicate Fashions, 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 Syndicate Fashions'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 Syndicate Fashions

Recent activity within the organization

  • Annual General Meeting

    Syndicate Fashions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Syndicate Fashions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Karthik Balasubramani was appointed as a Director was appointed as a Director on 01 Feb 2020 & has been associated with this company since 5 years .

    01 Feb 2020

  • Charges

    A charge with Magma Fincorp Limited of Rs. 2.52 Cr registered on 24 Feb 2014 with Charge ID 10484441 was modified on 03 Apr 2014.

    03 Apr 2014

  • Charges

    A charge with Magma Fincorp Limited amounted to Rs. 2.52 Cr with Charge ID 10484441 was registered on 24 Feb 2014.

    24 Feb 2014

  • Director Appointment

    Divya Ashokkumar was appointed as a Director was appointed as a Director on 28 Aug 2013 & has been associated with this company since 11 years 5 months .

    28 Aug 2013

Frequently asked questions

  • Syndicate Fashions Private Limited was incorporated on 10 Mar 2008.

  • The authorized share capital of Syndicate Fashions Private Limited is ₹ 8.00 Cr and paid-up capital is ₹ 7.87 Cr.

  • Currently 2 directors are associated with Syndicate Fashions Private Limited.

    • Karthik Balasubramani
    • Divya Ashokkumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Syndicate Fashions Private Limited is 22/45 Guruvappa Chetty Street Chintadripet, Chennai, Tamil Nadu, India, 600002.

  • The corporate identification number (CIN) of Syndicate Fashions Private Limited is U17290TN2008PTC066758 and the company number is 066758 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Syndicate Fashions Private Limited has risen by 5.21%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Syndicate Fashions Private Limited has experienced an downturn of -0.75%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Syndicate Fashions Private Limited amount to ₹ 4.34 Cr.

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

Similar Companies Based on Fashion Retail