Synthite Industries Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
- Paid Up Capital ₹ 1.05 Cr
- Company Age 54 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1,114.96 Cr
- Satisfied Charges ₹ 769.12 Cr
- Revenue Growth 24.29%
- Profit Growth 34.09%
- Ebitda 11.54%
- Net Worth 19.64%
- Total Assets 17.99%
About Synthite Industries
Synthite Industries Private Limited (SIPL) was founded in India on 23 July 1970 and has a glorious history of 54 years and seven months. Its registered office is in Ernakulam, Kerala, India.
The Corporate was formerly known as Synthite Industrial Chemicals Limited. The Company is engaged in the Food And Beverages 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 25.00 Cr and a paid-up capital of Rs 1.05 Cr.
The company currently has active open charges totaling ₹1,114.96 Cr. The company has closed loans amounting to ₹769.12 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Synthite Industries Private Limited India are Vignesh Sekar as CFO and Vignesh Chandrasekar as Cfo. Varghese Jacob, Aju Jacob, Paolo George, and Two other members serve as directors at the Company.
Company Details
- Location
Ernakulam, Kerala, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U24299KL1970PTC002294
- Company No.
002294
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 Jul 1970
- Date of AGM
29 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ernakulam
Industry
Food and Beverages
What products or services does Synthite Industries Private Limited offer?
Synthite Industries Private Limited offers a wide range of products and services, including Ayurvedic & Herbal Extracts, Herbal Extracts, Prefabricated Houses & Structures, Portable Cabins, Business Planning and Management, Business Consultant, Ayurvedic Powder and Medicinal Herbs, Herbal Powder, Flavours & Aromatics, Antioxidants.
Who are the key members and board of directors at Synthite Industries?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Aju Jacob  | Managing Director | 01-Oct-2007 | Current |
| Vignesh Sekar | CFO | 01-Oct-2022 | Current |
| Vignesh Chandrasekar | CFO | 01-Oct-2022 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Varghese Jacob | Whole-Time Director | 01-Oct-2007 | Current |
| Paolo George | Director | 27-Nov-2019 | Current |
| Ashok Mani | Director | 05-Apr-2022 | Current |
| Jacob Modayil | Director | 01-Nov-2021 | Current |
Financial Performance of Synthite Industries.
Synthite Industries Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 24.29% increase. The company also saw a substantial improvement in profitability, with a 34.09% increase in profit. The company's net worth Soared by an impressive increase of 19.64%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Synthite Industries?
In 2022, Synthite Industries had a promoter holding of 29.77% and a public holding of 70.22%. The company had 3 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Symega Food Ingredients LimitedPaolo George and Ashok Mani are mutual person
Algavista Greentech Private LimitedAju Jacob is a mutual person
Herbal Isolates Pvt LtdVarghese Jacob, Paolo George and 1 more are mutual person
Kerala State Industrial Development Corpn LtdAju Jacob is a mutual person
- Synthite Infrastructure Projects Private Limited
Varghese Jacob is a mutual person
- Synthite Exports Limited
Varghese Jacob and Paolo George are mutual person
Charges (Loans)
Open Charges
₹1,114.96 Cr
Satisfied Charges
₹769.12 Cr
Charges Breakdown by Lending Institutions
- Others : 501.96 Cr
- Citi Bank N.A. : 226.00 Cr
- Hdfc Bank Limited : 187.00 Cr
- Standard Chartered Bank : 150.00 Cr
- Dbs Bank Ltd : 50.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Apr 2024 | Others | ₹31.96 Cr | Open |
| 02 Aug 2021 | Others | ₹35.00 Cr | Open |
| 21 Mar 2019 | Others | ₹150.00 Cr | Open |
| 27 Jun 2016 | Others | ₹100.00 Cr | Open |
| 12 Oct 2012 | Dbs Bank Ltd | ₹50.00 Cr | Open |
How Many Employees Work at Synthite Industries?
Synthite Industries has a workforce of 1597 employees as of Mar 21, 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 Synthite Industries, 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 Synthite Industries'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 Synthite Industries
Recent activity within the organization
- Charges
A charge registered on 18 Aug 2020 via Charge ID 100365500 with Others was fully satisfied on 26 Nov 2024.
- Charges
A charge registered on 11 Sep 2012 via Charge ID 10377312 with Hdfc Bank Limited was fully satisfied on 29 Oct 2024.
- Charges
A charge with Others of Rs. 150.00 Cr registered on 21 Mar 2019 with Charge ID 100251904 was modified on 16 Oct 2024.
- Annual General Meeting
Synthite Industries Private Limited last Annual general meeting of members was held on 29 Aug 2024 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 31.96 Cr with Charge ID 100915659 was registered on 24 Apr 2024.
- Charges
A charge with Citi Bank N.A. of Rs. 226.00 Cr registered on 31 Jan 2007 with Charge ID 10033904 was modified on 08 Apr 2024.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Synthite Industries Private Limited?
Synthite Industries Private Limited was incorporated on 23 Jul 1970.
What is authorized share capital and paid-up capital of Synthite Industries Private Limited?
The authorized share capital of Synthite Industries Private Limited is ₹ 25.00 Cr and paid-up capital is ₹ 1.05 Cr.
Who are the current board members & directors of Synthite Industries Private Limited?
Currently 7 directors are associated with Synthite Industries Private Limited.
- Varghese Jacob
- Aju Jacob
- Paolo George
- Ashok Mani
- Jacob Ninan Modayil
- Vignesh Chandra Sekar
- Vignesh Chandrasekar
What is the registered address of Synthite Industries Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Synthite Industries Private Limited is Synthite Corporate House Viii 683-A Kadayirippu India, Kolenchery, Kerala, 682311.
What is the corporate identification number (CIN) and company number of Synthite Industries Private Limited?
The corporate identification number (CIN) of Synthite Industries Private Limited is U24299KL1970PTC002294 and the company number is 002294 as per Ministry of Corporate Affairs (MCA).
What is the official website of Synthite Industries Private Limited?
The Official website of Synthite Industries Private Limited is https://www.synthite.com
What has been the recent revenue trend for Synthite Industries Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Synthite Industries Private Limited has risen by 24.29%.
How many employees does Synthite Industries Private Limited currently have?
As Per 2022 financial reports, 1597 employees are currently employed by Synthite Industries Private Limited.
What change has been observed in the net worth of Synthite Industries Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Synthite Industries Private Limited has experienced an upsurge of 19.64%.
What are the total open charges for Synthite Industries Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Synthite Industries Private Limited amount to ₹ 1,114.96 Cr.
When was the last Balance Sheet of Synthite Industries Private Limited filed with the ROC?
The most recent Balance Sheet for Synthite Industries Private Limited was filed with the ROC on 31 Mar 2024.
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