Synthesis Home Textiles Profile
Key Indicators
- Authorised Capital ₹ 16.50 Cr
- Paid Up Capital ₹ 5.00 Cr
- Company Age 19 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 42.00 Cr
- Satisfied Charges ₹ 31.62 Cr
- Revenue Growth 37.78%
- Profit Growth -32.87%
- Ebitda -55.89%
- Net Worth 15.02%
- Total Assets 15.27%
About Synthesis Home Textiles
Synthesis Home Textiles Private Limited (SHTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 December 2005 and has a history of 19 years and two months. Its registered office is in Karur, Tamil Nadu, India.
The Company is engaged in the Consumer Goods 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 16.50 Cr and a paid-up capital of Rs 5.00 Cr.
The company currently has active open charges totaling ₹42.00 Cr. The company has closed loans amounting to ₹31.62 Cr, as per Ministry of Corporate Affairs (MCA) records.
Palanisamy Sudhakar, Shanmugasundaram Madhu, and Sandya Sudhakar serve as directors at the Company.
Company Details
- Location
Karur, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U17111TN2005PTC058245
- Company No.
058245
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
07 Dec 2005
- Date of AGM
20 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
What products or services does Synthesis Home Textiles Private Limited offer?
Synthesis Home Textiles Private Limited offers a wide range of products and services, including Floor Mats, Kitchen Towel, Kitchen Towel Set, Beds, Designer Beds, Bath Towel, Printed Bath Towel.
Who are the key members and board of directors at Synthesis Home Textiles?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Palanisamy Sudhakar  | Managing Director | 07-Dec-2005 | Current |
| Shanmugasundaram Madhu | Managing Director | 07-Dec-2005 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sandya Sudhakar | Whole-Time Director | 07-Dec-2005 | Current |
Financial Performance of Synthesis Home Textiles.
Synthesis Home Textiles Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 37.78% increase. The company also saw a substantial fall in profitability, with a 32.87% decrease in profit. The company's net worth Soared by an impressive increase of 15.02%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Synthesis Home Textiles?
In 2022, Synthesis Home Textiles 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)
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Antlia Exports LlpPalanisamy Sudhakar and Shanmugasundaram Madhu are mutual person
- Browsyn Ecom Services Llp
Palanisamy Sudhakar and Shanmugasundaram Madhu are mutual person
Charges (Loans)
₹42.00 Cr
₹31.62 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 42.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 May 2021 | Axis Bank Limited | ₹42.00 Cr | Open |
| 18 Jun 2013 | Canara Bank | ₹1.68 M | Satisfied |
| 25 Aug 2007 | Indian Bank | ₹3.00 Cr | Satisfied |
| 24 Aug 2007 | Small Industries Development Bank Of India | ₹4.50 Cr | Satisfied |
| 23 Feb 2006 | Small Industries Development Bank Of India | ₹1.65 Cr | Satisfied |
How Many Employees Work at Synthesis Home Textiles?
Synthesis Home Textiles has a workforce of 187 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 Synthesis Home Textiles, 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 Synthesis Home Textiles'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.
