Synpol Products Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 2.25 M
- Company Age 51 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 6.03 Cr
- Revenue Growth -3.26%
- Profit Growth -38.20%
- Ebitda -26.55%
- Net Worth 4.43%
- Total Assets 1.80%
About Synpol Products
Synpol Products Private Limited (SPPL) was founded in India on 11 December 1973 and has a glorious history of 51 years and one month. Its registered office is in Ahmedabad, Gujarat, India.
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 2024. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 2.25 M.
The company has closed loans amounting to ₹6.03 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Vinay Joshi, Manish Joshi, Vinod Kothari, and Two other members serve as directors at the Company.
Company Details
-
Location
Ahmedabad, Gujarat, India
-
Telephone
+91-XXXXXXXXXX
-
Email Address
-
Website
-
Social Media-
Corporate Identity Details
-
CIN/LLPIN
U24299GJ1973PTC002440
-
Company No.
002440
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
11 Dec 1973
-
Date of AGM
22 Aug 2024
-
Date of Balance Sheet
31 Mar 2024
-
Listing Status
Unlisted
-
ROC Code
Roc Ahmedabad
Industry
What products or services does Synpol Products Private Limited offer?
Synpol Products Private Limited offers a wide range of products and services, including Natural and Synthetic Resins, Resins, Adhesives, Glue and Sealants, Tile and Floor Hardeners, Epoxy Adhesives.
Who are the key members and board of directors at Synpol Products?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vinod Kothari
|
Managing Director | 11-Dec-1973 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Vinay Joshi
|
Director | 11-Dec-1973 | Current |
|
Manish Joshi
|
Director | 03-Jul-2007 | Current |
|
Parag Joshi
|
Director | 03-Jul-2007 | Current |
|
Sujata Kothari
|
Director | 03-Jul-2007 | Current |
Financial Performance of Synpol Products.
Synpol Products Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 3.26% decrease. The company also saw a substantial fall in profitability, with a 38.2% decrease in profit. The company's net worth moved up by a moderate rise of 4.43%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Synpol Products?
In 2023, Synpol Products 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)
-
Bluebell Polymers Private LimitedManish Joshi, Parag Joshi and 1 more are mutual person
-
Bharat Resins Private LimitedVinay Joshi is a mutual person
Charges (Loans)
₹0
₹6.03 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 5.99 Cr
- Indian Oil Corporation Ltd : 0.04 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Aug 2000 | State Bank Of India | ₹3.50 M | Satisfied |
| 23 Dec 1998 | State Bank Of India | ₹2.70 Cr | Satisfied |
| 17 May 1988 | State Bank Of India | ₹0.48 M | Satisfied |
| 15 Dec 1986 | State Bank Of India | ₹2.70 Cr | Satisfied |
| 25 Aug 1983 | Indian Oil Corporation Ltd | ₹0.41 M | Satisfied |
How Many Employees Work at Synpol Products?
Synpol Products has a workforce of 91 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 Synpol Products, 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 Synpol Products'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.
