Synergy Poly Additives Private Limited

Manufacturer and supplier of additives for polymer industry, used in various applications including vinyl and non-vinyl processing.

2001 | Himachal Pradesh, Himachal Pradesh (India) | Active
Last Updated: July 02, 2024

Synergy Poly Additives Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 5.69 M
  • Company Age 23 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 11.41 Cr
  • Satisfied Charges ₹ 15.60 Cr
  • Revenue Growth 24.58%
  • Profit Growth 315.75%
  • Ebitda 313.23%
  • Net Worth 37.62%
  • Total Assets 7.63%

About Synergy Poly Additives

Synergy Poly Additives Private Limited (SPAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 July 2001 and has a history of 23 years and six months. Its registered office is in Himachal Pradesh, Himachal Pradesh, India.

The Corporate was formerly known as Orvin Plasticares Private Limited. The Company is engaged in the Manufacturing 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 1.00 Cr and a paid-up capital of Rs 5.69 M.

The company currently has active open charges totaling ₹11.41 Cr. The company has closed loans amounting to ₹15.60 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sundeep Maggu, Shakuntla Maggu, and Sant Maggu serve as directors at the Company.

Company Details

  • Location

    Himachal Pradesh, Himachal Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25209HP2001PTC024553

  • Company No.

    024553

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Jul 2001

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Himachal Pradesh

Industry

Manufacturing

What products or services does Synergy Poly Additives Private Limited offer?

Synergy Poly Additives Private Limited offers a wide range of products and services, including Cleaning Liquids & Wipes, Cleaning Chemicals, Industrial Chemicals & Supplies, Emulsifiers, Artificial & Decorative Candles, Candle Raw Material, Petroleum and Petrochemical Products, Solid Paraffin Wax, PET Granules & Plastic Raw Material, Masterbatches.

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

Board Members (3)

Name Designation Appointment Date Status
Sundeep Maggu Country flag representing In Director 31-Jul-2001 Current
Shakuntla Maggu Country flag representing In Director 31-Jul-2001 Current
Sant Maggu Country flag representing In Director 31-Jul-2001 Current

Financial Performance of Synergy Poly Additives.

Synergy Poly Additives Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 24.58% increase. The company also saw a substantial improvement in profitability, with a 315.75% increase in profit. The company's net worth Soared by an impressive increase of 37.62%.

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
24.58%
Revenue from Operations
25.21%
Total Assets
7.63%
Profit or Loss
315.75%
Net Worth
37.62%
EBITDA
313.23%

What is the Ownership and Shareholding Structure of Synergy Poly Additives?

In 2023, Synergy Poly Additives had a promoter holding of 100.00%. The company had 1 Subsidiary and 4 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹11.41 Cr

Satisfied Charges

₹15.60 Cr

Charges Breakdown by Lending Institutions

  • Others : 4.30 Cr
  • Axis Bank Limited : 4.11 Cr
  • State Bank Of India : 3.00 Cr

Latest Charge Details

Date Lender Amount Status
15 Sep 2023 Axis Bank Limited ₹2.80 M Open
25 May 2023 Others ₹4.30 Cr Open
08 Oct 2020 Axis Bank Limited ₹5.00 M Open
29 Aug 2017 Axis Bank Limited ₹3.33 Cr Open
21 Mar 2017 State Bank Of India ₹3.00 Cr Open

How Many Employees Work at Synergy Poly Additives?

Unlock and access historical data on people associated with Synergy Poly Additives, 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 Synergy Poly Additives, 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 Poly Additives'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 Poly Additives

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.28 Cr with Charge ID 100814483 was registered on 15 Sep 2023.

    15 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 4.30 Cr with Charge ID 100741217 was registered on 25 May 2023.

    25 May 2023

  • Charges

    A charge with State Bank Of India of Rs. 3.00 Cr registered on 21 Mar 2017 with Charge ID 100097213 was modified on 27 Apr 2023.

    27 Apr 2023

  • Balance Sheet

    Synergy Poly Additives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Himachal Pradesh.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.50 Cr with Charge ID 100382293 was registered on 08 Oct 2020.

    08 Oct 2020

Frequently asked questions

  • Synergy Poly Additives Private Limited was incorporated on 31 Jul 2001.

  • The authorized share capital of Synergy Poly Additives Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 5.69 M.

  • Currently 3 directors are associated with Synergy Poly Additives Private Limited.

    • Sundeep Maggu
    • Shakuntla Maggu
    • Sant Lal Maggu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Synergy Poly Additives Private Limited is Plot No 65Hpidc Baddi Distt Solan, Himachal Pradesh, India, 173205.

  • The corporate identification number (CIN) of Synergy Poly Additives Private Limited is U25209HP2001PTC024553 and the company number is 024553 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Synergy Poly Additives Private Limited is https://www.synergyadditives.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Synergy Poly Additives Private Limited has risen by 24.58%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Synergy Poly Additives Private Limited has experienced an upsurge of 37.62%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Synergy Poly Additives Private Limited amount to ₹ 11.41 Cr.

  • The most recent Balance Sheet for Synergy Poly Additives Private Limited was filed with the ROC on 31 Mar 2023.

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