Synergy Metals Private Limited

Manufacturer of iron and steel structural products including locks, frames, props, and accessories.

2004 | Chandigarh (India) | Active
Last Updated: October 23, 2024

Synergy Metals Profile

Key Indicators

  • Authorised Capital ₹ 9.00 M
  • Paid Up Capital ₹ 9.00 M
  • Company Age 20 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.75 Cr
  • Satisfied Charges ₹ 9.68 Cr
  • Revenue Growth -33.91%
  • Profit Growth 35.74%
  • Ebitda 28.41%
  • Net Worth 7.65%
  • Total Assets -30.20%

About Synergy Metals

Synergy Metals Private Limited (SMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 April 2004 and has a history of 20 years and ten months. Its registered office is in Chandigarh, India.

The Company is engaged in the Metals And Minerals 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 9.00 M and a paid-up capital of Rs 9.00 M.

The company currently has active open charges totaling ₹7.75 Cr. The company has closed loans amounting to ₹9.68 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rajeev Gupta and Madhurima Gupta serve as directors at the Company.

Company Details

  • Location

    Chandigarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    synergymetal.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28112CH2004PTC026998

  • Company No.

    026998

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Apr 2004

  • Date of AGM

    14 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Metals and Minerals

What products or services does Synergy Metals Private Limited offer?

Synergy Metals Private Limited offers a wide range of products and services, including Scaffolding Props & Spans, Adjustable Prop, Scaffolding Pipes and Fittings, Scaffolding Pipes, Scaffolding Planks & Plates, Scaffolding Systems, Door Lock, Electronic Lock & Latches, Door Lock, Scaffolding Frame, Shoring Prop.

Who are the key members and board of directors at Synergy Metals?

Board Members (2)

NameDesignationAppointment DateStatus
Rajeev Gupta Country flag representing In Director 16-Nov-2004Current
Madhurima Gupta Country flag representing In Director 06-Apr-2004Current

Financial Performance of Synergy Metals.

Synergy Metals Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 33.91% decrease. The company also saw a substantial improvement in profitability, with a 35.74% increase in profit. The company's net worth moved up by a moderate rise of 7.65%.

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
-33.91%
Revenue from Operations
-34.50%
Total Assets
-30.20%
Profit or Loss
35.74%
Net Worth
7.65%
EBITDA
28.41%

What is the Ownership and Shareholding Structure of Synergy Metals?

In 2023, Synergy Metals 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

₹77.50 M

Satisfied Charges

₹96.80 M

Charges Breakdown by Lending Institutions

  • Others : 7.75 Cr

Latest Charge Details

DateLenderAmountStatus
11 Mar 2022Others₹1.00 CrOpen
28 Feb 2022Others₹6.75 CrOpen
19 Mar 2020Others₹1.80 MSatisfied
11 Dec 2014Small Industries Development Bank Of India₹5.00 MSatisfied
21 Jun 2012Small Industries Development Bank Of India₹5.00 MSatisfied

How Many Employees Work at Synergy Metals?

Synergy Metals has a workforce of 50 employees as of Apr 10, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Synergy Metals, 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 Synergy Metals'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 Synergy Metals

Recent activity within the organization

  • Annual General Meeting

    Synergy Metals Private Limited last Annual general meeting of members was held on 14 Aug 2024 as per latest MCA records.

    14 Aug 2024

  • Charges

    A charge with Others of Rs. 67.50 M registered on 28 Feb 2022 with Charge ID 100552141 was modified on 23 Jul 2024.

    23 Jul 2024

  • Balance Sheet

    Synergy Metals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 10.00 M registered on 11 Mar 2022 with Charge ID 100552140 was modified on 20 Apr 2022.

    20 Apr 2022

  • Charges

    A charge registered on 19 Dec 2006 via Charge ID 10031700 with State Bank Of India was fully satisfied on 24 Mar 2022.

    24 Mar 2022

  • Charges

    A charge with Others amounted to Rs. 10.00 M with Charge ID 100552140 was registered on 11 Mar 2022.

    11 Mar 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Synergy Metals Private Limited was incorporated on 06 Apr 2004.

  • The authorized share capital of Synergy Metals Private Limited is ₹ 9.00 M and paid-up capital is ₹ 9.00 M.

  • Currently 2 directors are associated with Synergy Metals Private Limited.

    • Rajeev Gupta
    • Madhurima Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Synergy Metals Private Limited is House No. 753 Sector - 8B India, Chandigarh, 160009.

  • The corporate identification number (CIN) of Synergy Metals Private Limited is U28112CH2004PTC026998 and the company number is 026998 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Synergy Metals Private Limited is https://www.synergymetal.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Synergy Metals Private Limited has fallen by -33.91%.

  • As Per 2023 financial reports, 50 employees are currently employed by Synergy Metals Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Synergy Metals Private Limited has experienced an upsurge of 7.65%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Synergy Metals Private Limited amount to ₹ 7.75 Cr.

  • The most recent Balance Sheet for Synergy Metals Private Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Metal Manufacturing & Processing