Syrma Sgs Technology Limited

Electronics manufacturing and design services for various industries.

2004 | Mumbai, Maharashtra (India) | Active
Last Updated: June 22, 2024

Syrma Sgs Technology Profile

Key Indicators

  • Authorised Capital ₹ 212.00 Cr
  • Paid Up Capital ₹ 177.59 Cr
  • Company Age 20 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 721.39 Cr
  • Satisfied Charges ₹ 42.50 Cr
  • Revenue Growth 79.17%
  • Profit Growth 79.74%
  • Ebitda 42.16%
  • Net Worth 167.53%
  • Total Assets 137.25%

About Syrma Sgs Technology

Syrma Sgs Technology Limited (SSTL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 August 2004 and has a history of 20 years and five months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 543573.

The Corporate was formerly known as Syrma Technology Private Limited. The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 212.00 Cr and a paid-up capital of Rs 177.59 Cr.

The company currently has active open charges totaling ₹721.39 Cr. The company has closed loans amounting to ₹42.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Syrma Sgs Technology Limited India are Bijay Agrawal as Cfo, Satendra Singh as Ceo, and Komal Malik as Company Secretary. Jayesh Doshi, Sandeep Tandon, Hetal Gandhi, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L30007MH2004PLC148165

  • Company No.

    148165

  • Stock Symbol

    BSE : 543573

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Aug 2004

  • Date of AGM

    08 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Information Technology

What products or services does Syrma Sgs Technology Limited offer?

Syrma Sgs Technology Limited offers a wide range of products and services, including Access Control Systems, RFID Transponder, RFID, RFID Tag, Electric Circuit Components & Spares, Barcode, Stickers & Luggage Tags, Tags, Transformers & Transformer Parts, Electronic Transformers, Biometrics & Access Control Devices.

Who are the key members and board of directors at Syrma Sgs Technology?

Executive Team (4)

NameDesignationAppointment DateStatus
Jasbir Gujral Country flag representing In Managing Director27-Sep-2021Current
Bijay Agrawal Country flag representing In CFO04-Oct-2021Current
Satendra Singh CEO24-Aug-2023Current
Komal Malik Country flag representing In Company Secretary29-Feb-2024Current

Board Members (9)

NameDesignationAppointment DateStatus
Sudeep Tandon Country flag representing Us Alternate Director 09-Jan-2023Current
Smita Jatia Country flag representing In Director 29-Nov-2021Current
Sandeep Tandon Country flag representing Us Director 29-Dec-2004Current
Kunal Shah Country flag representing In Director 29-Nov-2021Current
Jaideep Tandon Country flag representing Us Director 09-Nov-2020Current
Bharat Anand Country flag representing Gb Director 29-Nov-2021Current

Financial Performance of Syrma Sgs Technology.

Syrma Sgs Technology Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 79.17% increase. The company also saw a substantial improvement in profitability, with a 79.74% increase in profit. The company's net worth Soared by an impressive increase of 167.53%.

Graph illustrating revenue growth over time
Graph showing 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
79.17%
Revenue from Operations
75.72%
Total Assets
137.25%
Profit or Loss
79.74%
Net Worth
167.53%
EBITDA
42.16%

What is the Ownership and Shareholding Structure of Syrma Sgs Technology?

In 2023, Syrma Sgs Technology had a promoter holding of 47.27% and a public holding of 52.73%. The company had 5 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹721.39 Cr

Satisfied Charges

₹42.50 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 200.00 Cr
  • Others : 156.04 Cr
  • Hdfc Bank Limited : 125.00 Cr
  • Citi Bank N.A. : 125.00 Cr
  • Yes Bank Limited : 60.00 Cr
  • Others : 55.35 Cr

Latest Charge Details

DateLenderAmountStatus
20 May 2024Yes Bank Limited₹60.00 CrOpen
14 Mar 2023Axis Bank Limited₹100.00 CrOpen
28 Feb 2023Axis Bank Limited₹100.00 CrOpen
28 Nov 2022Others₹30.00 CrOpen
10 May 2022Citi Bank N.A.₹125.00 CrOpen

How Many Employees Work at Syrma Sgs Technology?

Syrma Sgs Technology has a workforce of 690 employees as of Apr 10, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Syrma Sgs Technology, 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 Syrma Sgs Technology'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 Syrma Sgs Technology

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 125.00 Cr registered on 02 Feb 2022 with Charge ID 100534894 was modified on 26 May 2024.

    26 May 2024

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 60.00 Cr with Charge ID 100923598 was registered on 20 May 2024.

    20 May 2024

  • Charges

    A charge with Citi Bank N.A. of Rs. 125.00 Cr registered on 10 May 2022 with Charge ID 100581202 was modified on 22 Apr 2024.

    22 Apr 2024

  • Director Appointment

    Komal Malik was appointed as a Company Secretary was appointed as a Company Secretary on 29 Feb 2024 & has been associated with this company since 11 months 2 days .

    29 Feb 2024

  • Charges

    A charge with Others of Rs. 60.00 Cr registered on 13 Apr 2022 with Charge ID 100563297 was modified on 09 Feb 2024.

    09 Feb 2024

  • Charges

    A charge with Axis Bank Limited of Rs. 100.00 Cr registered on 28 Feb 2023 with Charge ID 100690077 was modified on 21 Nov 2023.

    21 Nov 2023

Frequently asked questions

  • Syrma Sgs Technology Limited was incorporated on 23 Aug 2004.

  • The authorized share capital of Syrma Sgs Technology Limited is ₹ 212.00 Cr and paid-up capital is ₹ 177.59 Cr.

  • Currently 13 directors are associated with Syrma Sgs Technology Limited.

    • Jayesh Nagindas Doshi
    • Sandeep Tandon
    • Hetal Madhukant Gandhi
    • Jasbir Singh Gujral
    • Kunal Naresh Shah
    • Jaideep Tandon
    • Sudeep Tandon
    • Anil Govindan Nair
    • Bharat Anand
    • Smita Amit Jatia
    • Bijay Kumar Agrawal
    • Satendra Singh
    • Komal Malik
  • As per Ministry of Corporate Affairs (Mca), the registered address of Syrma Sgs Technology Limited is Unit No. 601 6Th Floor Floral Deck Pl Midc, Andheri (East) India, Mumbai, Maharashtra, 400093.

  • The corporate identification number (CIN) of Syrma Sgs Technology Limited is L30007MH2004PLC148165 and the company number is 148165 as per Ministry of Corporate Affairs (MCA).

  • Yes, Syrma Sgs Technology Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Syrma Sgs Technology Limited is https://www.syrma.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Syrma Sgs Technology Limited has risen by 79.17%.

  • As Per 2023 financial reports, 690 employees are currently employed by Syrma Sgs Technology Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Syrma Sgs Technology Limited has experienced an upsurge of 167.53%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Syrma Sgs Technology Limited amount to ₹ 721.39 Cr.

  • The most recent Balance Sheet for Syrma Sgs Technology Limited was filed with the ROC on 31 Mar 2023.

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