Synergy Punching Profile
Key Indicators
- Authorised Capital ₹ 8.00 M
- Paid Up Capital ₹ 4.00 M
- Company Age 23 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 27.19 Cr
- Satisfied Charges ₹ 19.59 Cr
- Revenue Growth 24.16%
- Profit Growth 29.19%
- Ebitda 43.12%
- Net Worth 12.95%
- Total Assets 16.76%
About Synergy Punching
Synergy Punching Private Limited (SPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 February 2001 and has a history of 23 years and 11 months. Its registered office is in Bangaluru, Karnataka, India.
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 2023. It's a company limited by shares with an authorized capital of Rs 8.00 M and a paid-up capital of Rs 4.00 M.
The company currently has active open charges totaling ₹27.19 Cr. The company has closed loans amounting to ₹19.59 Cr, as per Ministry of Corporate Affairs (MCA) records.
Nagaraju Siddappa, Mysore Reddy, and Zareena Basha serve as directors at the Company.
Company Details
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Location
Bangaluru, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U29299KA2001PTC028682
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Company No.
028682
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
27 Feb 2001
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
What products or services does Synergy Punching Private Limited offer?
Synergy Punching Private Limited offers a wide range of products and services, including Retail Display Stands and Fixtures, Display Rack, Enclosures & Cabinets, Metal Enclosures, Kitchen & Dining Furniture, Kitchen Cabinets.
Who are the key members and board of directors at Synergy Punching?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nagaraju Siddappa
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Director | 27-Feb-2001 | Current |
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Mysore Reddy
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Director | 27-Feb-2001 | Current |
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Zareena Basha
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Director | 27-Feb-2001 | Current |
Financial Performance of Synergy Punching.
Synergy Punching Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 24.16% increase. The company also saw a substantial improvement in profitability, with a 29.19% increase in profit. The company's net worth Soared by an impressive increase of 12.95%.
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What is the Ownership and Shareholding Structure of Synergy Punching?
In 2023, Synergy Punching had a promoter holding of 90.63% and a public holding of 9.38%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Precision Sheet Metal Works Private LimitedNagaraju Siddappa is a mutual person
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Entente Retail Fixtures Private Limited
Nagaraju Siddappa and Mysore Reddy are mutual person
Charges (Loans)
₹271.94 M
₹195.94 M
Charges Breakdown by Lending Institutions
- State Bank Of India : 25.00 Cr
- Others : 1.45 Cr
- Sidbi : 0.74 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 May 2024 | Sidbi | ₹7.43 M | Open |
| 07 Feb 2024 | State Bank Of India | ₹25.00 Cr | Open |
| 31 Jan 2019 | Others | ₹1.45 Cr | Open |
| 22 Jul 2021 | Hdfc Bank Limited | ₹2.93 M | Satisfied |
| 15 Jun 2007 | State Bank Of Mysore | ₹7.82 Cr | Satisfied |
How Many Employees Work at Synergy Punching?
Synergy Punching has a workforce of 94 employees as of Mar 28, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Synergy Punching, 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 Punching's trajectory.
Rating
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
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.
