Synpol Products Private Limited

Manufacturer and exporter of synthetic resins, auxiliary chemicals, and natural synthetic resins for various industries.

1973 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Synpol Products Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.25 M
  • Company Age 51 Year, 2 Months
  • 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 two months. 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

    synpolproducts.com

  • 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

Manufacturing

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)

NameDesignationAppointment DateStatus
Vinod Kothari Country flag representing In Managing Director11-Dec-1973Current

Board Members (4)

NameDesignationAppointment DateStatus
Vinay Joshi Country flag representing In Director 11-Dec-1973Current
Manish Joshi Country flag representing In Director 03-Jul-2007Current
Parag Joshi Country flag representing In Director 03-Jul-2007Current
Sujata Kothari Country flag representing In Director 03-Jul-2007Current

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%.

Synpol Products revenue growth over time
Synpol Products profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-3.26%
Revenue from Operations
0.81%
Total Assets
1.80%
Profit or Loss
-38.20%
Net Worth
4.43%
EBITDA
-26.55%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹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

DateLenderAmountStatus
02 Aug 2000State Bank Of India₹3.50 MSatisfied
23 Dec 1998State Bank Of India₹2.70 CrSatisfied
17 May 1988State Bank Of India₹0.48 MSatisfied
15 Dec 1986State Bank Of India₹2.70 CrSatisfied
25 Aug 1983Indian Oil Corporation Ltd₹0.41 MSatisfied

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.

Employee growth trends for Synpol Products Private Limited

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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 Synpol Products

Recent activity within the organization

  • Annual General Meeting

    Synpol Products Private Limited last Annual general meeting of members was held on 22 Aug 2024 as per latest MCA records.

  • Balance Sheet

    Synpol Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge registered on 23 Dec 1998 via Charge ID 80027499 with State Bank Of India was fully satisfied on 09 Jan 2018.

  • Charges

    A charge registered on 15 Dec 1986 via Charge ID 90111062 with State Bank Of India was fully satisfied on 09 Jan 2018.

  • Charges

    A charge registered on 25 Aug 1983 via Charge ID 90111920 with Indian Oil Corporation Ltd was fully satisfied on 04 Jan 2011.

  • Charges

    A charge registered on 02 Aug 2000 via Charge ID 90111526 with State Bank Of India was fully satisfied on 08 Jun 2010.

Frequently asked questions

  • What is the Incorporation or founding date of Synpol Products Private Limited?

    Synpol Products Private Limited was incorporated on 11 Dec 1973.

  • What is authorized share capital and paid-up capital of Synpol Products Private Limited?

    The authorized share capital of Synpol Products Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.25 M.

  • Who are the current board members & directors of Synpol Products Private Limited?

    Currently 5 directors are associated with Synpol Products Private Limited.

    • Vinay Ladharam Joshi
    • Manish Prabhashanker Joshi
    • Vinod Jesukhlal Kothari
    • Parag Prabhashanker Joshi
    • Sujata Vinod Kothari

  • What is the registered address of Synpol Products Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Synpol Products Private Limited is 77 Guj Vepari Mahamandaludyogik Vasapet Ltd Odhav India, Ahmedabad, Gujarat, 382415.

  • What is the corporate identification number (CIN) and company number of Synpol Products Private Limited?

    The corporate identification number (CIN) of Synpol Products Private Limited is U24299GJ1973PTC002440 and the company number is 002440 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Synpol Products Private Limited?

    The Official website of Synpol Products Private Limited is https://www.synpolproducts.com

  • What has been the recent revenue trend for Synpol Products Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Synpol Products Private Limited has fallen by -3.26%.

  • How many employees does Synpol Products Private Limited currently have?

    As Per 2023 financial reports, 91 employees are currently employed by Synpol Products Private Limited.

  • What change has been observed in the net worth of Synpol Products Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Synpol Products Private Limited has experienced an upsurge of 4.43%.

  • When was the last Balance Sheet of Synpol Products Private Limited filed with the ROC?

    The most recent Balance Sheet for Synpol Products Private Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Plastic & Resins