Synthesis Home Textiles Profile
Key Indicators
- Authorised Capital ₹ 16.50 Cr
- Paid Up Capital ₹ 5.00 Cr
- Company Age 19 Year, 3 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 three 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
Consumer Goods
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
- Profit and Loss
- Cash Flow
- Ratios
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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)
Kay Ventures Private LimitedPalanisamy Sudhakar is a mutual person
Apparel Made-Ups And Home Furnishing Sector Skill CouncilPalanisamy Sudhakar is a mutual person
Antlia Exports LlpPalanisamy Sudhakar and Shanmugasundaram Madhu are mutual person
- Browsyn Ecom Services Llp
Palanisamy Sudhakar and Shanmugasundaram Madhu are mutual person
Charges (Loans)
Open Charges
₹42.00 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Synthesis Home Textiles
Recent activity within the organization
- Annual General Meeting
Synthesis Home Textiles Private Limited last Annual general meeting of members was held on 20 Sep 2024 as per latest MCA records.
- Balance Sheet
Synthesis Home Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Charges
A charge registered on 18 Jun 2013 via Charge ID 10442109 with Canara Bank was fully satisfied on 29 Sep 2021.
- Charges
A charge registered on 08 Feb 2006 via Charge ID 80017145 with Others was fully satisfied on 29 Sep 2021.
- Charges
A charge with Axis Bank Limited of Rs. 42.00 Cr registered on 13 May 2021 with Charge ID 100446531 was modified on 27 Sep 2021.
- Charges
A charge with Axis Bank Limited amounted to Rs. 42.00 Cr with Charge ID 100446531 was registered on 13 May 2021.
Frequently asked questions
What is the Incorporation or founding date of Synthesis Home Textiles Private Limited?
Synthesis Home Textiles Private Limited was incorporated on 07 Dec 2005.
What is authorized share capital and paid-up capital of Synthesis Home Textiles Private Limited?
The authorized share capital of Synthesis Home Textiles Private Limited is ₹ 16.50 Cr and paid-up capital is ₹ 5.00 Cr.
Who are the current board members & directors of Synthesis Home Textiles Private Limited?
Currently 3 directors are associated with Synthesis Home Textiles Private Limited.
- Palanisamy Sudhakar
- Shanmugasundaram Madhu
- Sandya Sudhakar
What is the registered address of Synthesis Home Textiles Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Synthesis Home Textiles Private Limited is Plot No 69-74 Sidco Industrialestate Salem Bye Pass Road Athur Vennamalai Post Karur Taluk District India, Karur Taluk Karur District, Tamil Nadu, 639006.
What is the corporate identification number (CIN) and company number of Synthesis Home Textiles Private Limited?
The corporate identification number (CIN) of Synthesis Home Textiles Private Limited is U17111TN2005PTC058245 and the company number is 058245 as per Ministry of Corporate Affairs (MCA).
What is the official website of Synthesis Home Textiles Private Limited?
The Official website of Synthesis Home Textiles Private Limited is https://www.synthesis.co.in
What has been the recent revenue trend for Synthesis Home Textiles Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Synthesis Home Textiles Private Limited has risen by 37.78%.
How many employees does Synthesis Home Textiles Private Limited currently have?
As Per 2022 financial reports, 187 employees are currently employed by Synthesis Home Textiles Private Limited.
What change has been observed in the net worth of Synthesis Home Textiles Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Synthesis Home Textiles Private Limited has experienced an upsurge of 15.02%.
What are the total open charges for Synthesis Home Textiles Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Synthesis Home Textiles Private Limited amount to ₹ 42.00 Cr.
When was the last Balance Sheet of Synthesis Home Textiles Private Limited filed with the ROC?
The most recent Balance Sheet for Synthesis Home Textiles Private Limited was filed with the ROC on 31 Mar 2024.
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