Synergy Shipping Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 4.00 M
- Company Age 20 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 62.07 Cr
- Revenue Growth 61.18%
- Profit Growth 118.09%
- Ebitda 38.64%
- Net Worth 107.81%
- Total Assets 47.54%
About Synergy Shipping
Synergy Shipping Private Limited (SSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 June 2004 and has a history of 20 years and eight months. Its registered office is in Visakhapatnam, Andhra Pradesh, India.
The Company is engaged in the Transport And Logistics 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 5.00 M and a paid-up capital of Rs 4.00 M.
The company currently has active open charges totaling ₹62.07 Cr.
Venu Miriyala and Radhamani Miriyala serve as directors at the Company.
Company Details
- Location
Visakhapatnam, Andhra Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U63012AP2004PTC043480
- Company No.
043480
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
15 Jun 2004
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
What products or services does Synergy Shipping Private Limited offer?
Synergy Shipping Private Limited offers a wide range of products and services, including Cargo Transportation Services, Custom Clearing Service, Import Clearance Services, Freight Forwarding Services, Ship Chartering Services, Clearing & Forwarding Services, Warehouses and Warehousing Agents, Warehousing Services, Forwarding & Custom Clearing, Marine Service.
Who are the key members and board of directors at Synergy Shipping?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Venu Miriyala  | Managing Director | 15-Jun-2004 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Radhamani Miriyala | Director | 18-Dec-2014 | Current |
Financial Performance of Synergy Shipping.
Synergy Shipping Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 61.18% increase. The company also saw a substantial improvement in profitability, with a 118.09% increase in profit. The company's net worth Soared by an impressive increase of 107.81%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Synergy Shipping?
In 2023, Synergy Shipping had a promoter holding of 26.19% and a public holding of 73.81%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Synergy Trade Impex (India) Private LimitedVenu Miriyala and Radhamani Miriyala are mutual person
- Royalmarine Logistics Private Limited
Venu Miriyala and Radhamani Miriyala are mutual person
- Aditya Insurance Brokers (India) Private Limited
Venu Miriyala is a mutual person
- Synergy Financials Management (India) Private Limited
Venu Miriyala and Radhamani Miriyala are mutual person
- Greenfy Logistics Llp
Radhamani Miriyala is a mutual person
Charges (Loans)
₹620.70 M
₹0
Charges Breakdown by Lending Institutions
- Others : 46.98 Cr
- Hdfc Bank Limited : 7.47 Cr
- Axis Bank Limited : 5.50 Cr
- Tata Capital Financial Services Limited : 2.12 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Jul 2024 | Others | ₹25.00 Cr | Open |
| 20 Jun 2023 | Axis Bank Limited | ₹2.63 Cr | Open |
| 28 Sep 2022 | Axis Bank Limited | ₹1.49 Cr | Open |
| 30 Aug 2022 | Others | ₹1.00 Cr | Open |
| 10 Aug 2022 | Others | ₹1.00 M | Open |
How Many Employees Work at Synergy Shipping?
Synergy Shipping has a workforce of 485 employees as of Apr 04, 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 Shipping, 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 Shipping'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.
