Synnova Gears & Transmissions Profile
Key Indicators
- Authorised Capital ₹ 27.00 Cr
- Paid Up Capital ₹ 26.53 Cr
- Company Age 14 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 178.74 Cr
- Satisfied Charges ₹ 123.72 Cr
- Revenue Growth 32.12%
- Profit Growth 23.81%
- Ebitda 28.28%
- Net Worth 18.69%
- Total Assets 34.75%
About Synnova Gears & Transmissions
Synnova Gears & Transmissions Private Limited (SGTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 September 2010 and has a history of 14 years and six months. Its registered office is in Rajkot, Gujarat, India.
The Company is engaged in the Automotive 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 27.00 Cr and a paid-up capital of Rs 26.53 Cr.
The company currently has active open charges totaling ₹178.74 Cr. The company has closed loans amounting to ₹123.72 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Synnova Gears & Transmissions Private Limited India is Dharmikbhai Solanki as COMPANY SECRETARY. Suresh Vekariya, Pankajkumar Babaria, and Kantilal Chovatia serve as directors at the Company.
Company Details
- Location
Rajkot, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U35990GJ2010PTC062318
- Company No.
062318
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
15 Sep 2010
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Automotive
Synnova Gears & Transmissions Private Limited
Explore comprehensive data for Synnova Gears & Transmissions Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Synnova Gears & Transmissions?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Suresh Vekariya  | Managing Director | 15-Sep-2010 | Current |
| Dharmikbhai Solanki | Company Secretary | 20-Sep-2022 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Pankajkumar Babaria | Director | 15-Sep-2010 | Current |
| Kantilal Chovatia | Director | 15-Sep-2010 | Current |
Financial Performance of Synnova Gears & Transmissions.
Synnova Gears & Transmissions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 32.12% increase. The company also saw a substantial improvement in profitability, with a 23.81% increase in profit. The company's net worth Soared by an impressive increase of 18.69%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Synnova Gears & Transmissions?
In 2023, Synnova Gears & Transmissions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sendura Forge Private LimitedSuresh Vekariya is a mutual person
- Synnova Foundation
Suresh Vekariya and Kantilal Chovatia are mutual person
- Silver Tree Realty Llp
Pankajkumar Babaria is a mutual person
- Simond Fibertech Limited
Kantilal Chovatia is a mutual person
Charges (Loans)
Open Charges
₹178.74 Cr
Satisfied Charges
₹123.72 Cr
Charges Breakdown by Lending Institutions
- Others : 79.13 Cr
- Axis Bank Limited : 56.79 Cr
- Tata Capital Financial Services Limited : 42.78 Cr
- Hdfc Bank Limited : 0.04 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Aug 2024 | Others | ₹10.00 Cr | Open |
| 29 Aug 2023 | Axis Bank Limited | ₹5.80 M | Open |
| 29 Aug 2023 | Axis Bank Limited | ₹1.79 M | Open |
| 27 Jul 2023 | Tata Capital Financial Services Limited | ₹10.90 Cr | Open |
| 27 Mar 2023 | Others | ₹4.09 Cr | Open |
How Many Employees Work at Synnova Gears & Transmissions?
Synnova Gears & Transmissions has a workforce of 1471 employees as of Apr 06, 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 Synnova Gears & Transmissions, 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 Synnova Gears & Transmissions'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.
Latest Updates, News, and FAQs on Synnova Gears & Transmissions
Recent activity within the organization
- Charges
A charge with Others of Rs. 10.00 Cr registered on 05 Aug 2024 with Charge ID 100959764 was modified on 25 Oct 2024.
- Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100959764 was registered on 05 Aug 2024.
- Charges
A charge with Others of Rs. 60.59 Cr registered on 30 Nov 2019 with Charge ID 100310009 was modified on 21 May 2024.
- Charges
A charge registered on 13 Aug 2014 via Charge ID 10521212 with Mahindra And Mahindra Financial Services Limited was fully satisfied on 03 May 2024.
- Charges
A charge with Axis Bank Limited of Rs. 55.48 Cr registered on 01 May 2019 with Charge ID 100263325 was modified on 01 May 2024.
- Charges
A charge registered on 27 Sep 2021 via Charge ID 100488778 with Others was fully satisfied on 14 Feb 2024.
Frequently asked questions
What is the Incorporation or founding date of Synnova Gears & Transmissions Private Limited?
Synnova Gears & Transmissions Private Limited was incorporated on 15 Sep 2010.
What is authorized share capital and paid-up capital of Synnova Gears & Transmissions Private Limited?
The authorized share capital of Synnova Gears & Transmissions Private Limited is ₹ 27.00 Cr and paid-up capital is ₹ 26.53 Cr.
Who are the current board members & directors of Synnova Gears & Transmissions Private Limited?
Currently 4 directors are associated with Synnova Gears & Transmissions Private Limited.
- Suresh Kadvabhai Vekariya
- Pankajkumar Maganlal Babaria
- Kantilal Chhaganbhai Chovatia
- Dharmikbhai Ripinbhai Solanki
What is the registered address of Synnova Gears & Transmissions Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Synnova Gears & Transmissions Private Limited is Survey No.83/P1 Rajkot N.H.27 Near Toll Plaza Village Pipalia, Tal.Gond Al India, Gondal, Gujarat, 360311.
What is the corporate identification number (CIN) and company number of Synnova Gears & Transmissions Private Limited?
The corporate identification number (CIN) of Synnova Gears & Transmissions Private Limited is U35990GJ2010PTC062318 and the company number is 062318 as per Ministry of Corporate Affairs (MCA).
What is the official website of Synnova Gears & Transmissions Private Limited?
The Official website of Synnova Gears & Transmissions Private Limited is https://www.synnova.in
What has been the recent revenue trend for Synnova Gears & Transmissions Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Synnova Gears & Transmissions Private Limited has risen by 32.12%.
How many employees does Synnova Gears & Transmissions Private Limited currently have?
As Per 2023 financial reports, 1471 employees are currently employed by Synnova Gears & Transmissions Private Limited.
What change has been observed in the net worth of Synnova Gears & Transmissions Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Synnova Gears & Transmissions Private Limited has experienced an upsurge of 18.69%.
What are the total open charges for Synnova Gears & Transmissions Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Synnova Gears & Transmissions Private Limited amount to ₹ 178.74 Cr.
When was the last Balance Sheet of Synnova Gears & Transmissions Private Limited filed with the ROC?
The most recent Balance Sheet for Synnova Gears & Transmissions Private Limited was filed with the ROC on 31 Mar 2023.
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