Synergy Manpower Service Private Limited
About Synergy Manpower Service Private Limited
Data last updated:
Synergy Manpower Service Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the placement services segment of the professional services sector. It was incorporated on 19 November 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2010PTC210192. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mohammed Alamgir Sher Mohammed Khan (Managing Director) and Mahesh Mahadeo Pandey.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Flat No.202 Bhagyaratna Niwas 2nd Floor 3rd Road Near Khar Station Khar Road (W) Mumbai, Maharashtra, India – 400052.
As per the financials filed for FY 2022, the company reported a revenue of ₹19.22 Lakh, a growth of 73% compared to the previous year. For the same year it recorded a net profit of ₹17.54 Lakh (net margin 91.2%) and EBITDA of ₹17.57 Lakh (EBITDA margin 91.4%). Revenue has declined at a compounded annual rate (CAGR) of 52% over three years and 41% over five years.
The company has about 23 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Synergy Manpower Service Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressFlat No.202 Bhagyaratna Niwas 2nd Floor 3rd Road Near Khar Station Khar Road (W) Mumbai, Maharashtra, India – 400052
- IndustryProfessional Services, Placement Services, Human Resources
To see the full contact details of Synergy Manpower Service Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Synergy Manpower Service is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services |
To see the full business activity and turnover split of Synergy Manpower Service Private Limited, buy the company report.
Financials of Synergy Manpower Service Private Limited
FY 2022 filings availableSynergy Manpower Service Private Limited reported revenue of ₹19.22 Lakh (up 73% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 73% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 41%. EBITDA rose 637% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹19.22 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹17.57 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹17.54 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 91.4% | ||||
| Net Profit Margin | 91.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Synergy Manpower Service Private Limited, buy the company report.
Board of directors of Synergy Manpower Service Private Limited
Synergy Manpower Service has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Mahadeo Pandey | Director | 22 Oct 2013 | 13 Years 0 Months | Current |
| Mohammed Alamgir Sher Mohammed Khan Also directs: Rightbrain Infotech LLP | Managing Director | 22 Oct 2013 | 13 Years 0 Months | Current |
Peer comparison
Synergy Manpower Service Private Limited is compared with the 3 companies closest to it by revenue in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Peoplable Executive Search Private Limited | ₹19.23 Lakh (FY 2025) | -66.0% | Pune, Maharashtra, India | |||
| Synergy Manpower Service Private Limitedthis company | ₹19.22 Lakh (FY 2022) | ₹17.54 Lakh | 91.2% | 73.0% | 23 | Mumbai, Maharashtra, India |
| Kutumbh Care Infotech Private Limited | ₹19.2 Lakh (FY 2023) | 7.0% | New Delhi, Delhi, India | |||
| Talenticaresource Private Limited | ₹19.19 Lakh (FY 2025) | 73.0% | Pune, Maharashtra, India |
To see the full peer comparison of Synergy Manpower Service Private Limited, buy the company report.
Auditor
Synergy Manpower Service Private Limited is audited by I P MEHTA & COMPANY for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| I P MEHTA & COMPANY | FY 2019 | 138699W |
Shareholding
The shareholding of Synergy Manpower Service Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Synergy Manpower Service Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Synergy Manpower Service Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Synergy Manpower Service Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Synergy Manpower Service Private Limited has a workforce of 23 employees on its EPFO records as of Mar 2019, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2018-19 | 23 |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Synergy Manpower Service Private Limited, buy the company report.
GST
Synergy Manpower Service has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Synergy Manpower Service Private Limited, buy the company report.
Recent activity
Synergy Manpower Service Private Limited has 12 board changes on record since 2013: 2 appointments and 10 cessations. The latest: Khalid Abdul Hamid Shaikh ceased to be Director on 27 Nov 2017.
3 earlier events are in the company report.
Frequently asked questions
Synergy Manpower Service is an active private limited company based in Mumbai, Maharashtra, India. The company works in placement services, within the professional services industry. It was incorporated on 19 November 2010 (16+ years old) and is registered under CIN U74900MH2010PTC210192.
Synergy Manpower Service has 2 current directors:
- Mohammed Alamgir Sher Mohammed Khan - Managing Director
- Mahesh Mahadeo Pandey - Director
The latest financial statements of Synergy Manpower Service on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. Synergy Manpower Service has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Synergy Manpower Service is U74900MH2010PTC210192. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Synergy Manpower Service was incorporated on 19 November 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Synergy Manpower Service by revenue are Peoplable Executive Search Private Limited, Kutumbh Care Infotech Private Limited, Talenticaresource Private Limited, all in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services).
Khalid Abdul Hamid Shaikh ceased to be Director on 27 Nov 2017. Ubaid Mohd Umar Sayed ceased to be Director on 23 Feb 2017. Tanveer Mehmood Khan ceased to be Additional Director on 30 Sep 2016. Synergy Manpower Service has 12 board changes on record in total.
The registered office of Synergy Manpower Service is at Flat No.202 Bhagyaratna Niwas 2nd Floor 3rd Road Near Khar Station Khar Road W Mumbai, Maharashtra, India – 400052.
Synergy Manpower Service operates in the professional services industry, in the placement services segment.
The compliance status of Synergy Manpower Service is compliant as of 23 August 2026. The company is actively filing with the Registrar of Companies.
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