Synnova Gears & Transmissions Private Limited

Synnova Gears & Transmissions Private Limited

Manufactures gears and auto parts for various industries with large production capacity.
2010 | Gondal, Gujarat (India) | Active

Last Updated:

July 03, 2024
HomeCompanySynnova Gears & Transmissions Private Limited

Who are the key members and board of directors at Synnova Gears & Transmissions?

Executive Team (2)

NameDesignationAppointment DateStatus
Suresh Vekariya InManaging Director15-Sep-2010Current
Dharmikbhai Solanki InCompany Secretary20-Sep-2022Current

Board Members(2)

NameDesignationAppointment DateStatus
Pankajkumar Babaria In Director 15-Sep-2010Current
Kantilal Chovatia In Director 15-Sep-2010Current

Financial Performance and Corporate Structure Insights 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%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
32.12%
Revenue from Operations
31.42%
Total Assets
34.75%
Profit or Loss
23.81%
Net Worth
18.69%
EBITDA
28.28%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹161.06 Cr

₹120.40 Cr

LenderAmountStatus

Axis Bank Limited

Creation Date: 29 Aug 2023
₹5.80 MOpen

Axis Bank Limited

Creation Date: 29 Aug 2023
₹1.79 MOpen

Tata Capital Financial Services Limited

Creation Date: 27 Jul 2023
₹10.90 CrOpen

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.

Employee Graph

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Rating

Alerts

Latest Updates, News, and FAQs on Synnova Gears & Transmissions

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 55.48 Cr registered on 01 May 2019 with Charge ID 100263325 was modified on 13 Mar 2024.

    13 Mar 2024

  • Charges

    A charge registered on 27 Sep 2021 via Charge ID 100488778 with Others was fully satisfied on 14 Feb 2024.

    14 Feb 2024

  • Charges

    A charge with Others of Rs. 49.59 Cr registered on 30 Nov 2019 with Charge ID 100310009 was modified on 27 Oct 2023.

    27 Oct 2023

  • Charges

    A charge registered on 26 Dec 2018 via Charge ID 100231769 with Others was fully satisfied on 05 Oct 2023.

    05 Oct 2023

  • Annual General Meeting

    Synnova Gears & Transmissions 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. 0.58 Cr with Charge ID 100778970 was registered on 29 Aug 2023.

    29 Aug 2023

Frequently asked questions

  • Synnova Gears & Transmissions Private Limited was incorporated on 15 Sep 2010.

  • The authorized share capital of Synnova Gears & Transmissions Private Limited is ₹ 27.00 Cr and paid-up capital is ₹ 26.53 Cr.

  • Currently 4 directors are associated with Synnova Gears & Transmissions Private Limited.

    • Suresh Kadvabhai Vekariya
    • Dharmikbhai Ripinbhai Solanki
    • Pankajkumar Maganlal Babaria
    • Kantilal Chhaganbhai Chovatia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Synnova Gears & Transmissions Private Limited is Survey No.83/P1 Rajkot Gondal N.H.27 Near Toll PlazaVillage PipaliaTal.Gond, Al, Gujarat, India, 360311.

  • 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).

  • The Official website of Synnova Gears & Transmissions Private Limited is https://www.synnova.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Synnova Gears & Transmissions Private Limited has risen by 32.12%.

  • As Per 2023 financial reports, 1471 employees are currently employed by Synnova Gears & Transmissions Private Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Synnova Gears & Transmissions Private Limited amount to ₹ 161.06 Cr.

  • The most recent Balance Sheet for Synnova Gears & Transmissions Private Limited was filed with the ROC on 31 Mar 2023.

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