Synifex Infotech Private Limited
About Synifex Infotech Private Limited
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Synifex Infotech Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 12 September 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2016PTC093696. Its GSTIN is 24AAXCS5634C1Z5 (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ketan Babubhai Rafaliya and Kajalben Rafaliya Ketanbhai.
Its last annual general meeting (AGM) was held on 30 January 2022, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 10 Prabhudarshan Society Shyamdham Chowk Punagam, Surat, Gujarat, India – 395006.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.31 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹6.17 Lakh (net margin -4.7%) and EBITDA of -₹4.7 Lakh (EBITDA margin -3.6%). Revenue has grown at a compounded annual rate (CAGR) of 156% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address10 Prabhudarshan Society Shyamdham Chowk Punagam, Surat, Gujarat, India – 395006
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Synifex Infotech Private Limited
The main business activity of Synifex Infotech is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Synifex Infotech Private Limited FY 2021 filings available
Synifex Infotech Private Limited reported revenue of ₹1.31 Cr (up 251% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Synifex Infotech Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 156% over three years, including 251% growth in the latest year. EBITDA fell 7% 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 of Synifex Infotech Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹4.7 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6.17 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Synifex Infotech Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -4.7% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Synifex Infotech are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Synifex Infotech Private Limited
Synifex Infotech has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ketan Babubhai Rafaliya Also directs: Ganthan Corporation LLP, Vopify Solutions LLP | Director | 12 Sep 2016 | 10 Years 1 Months | Current |
| Kajalben Rafaliya Ketanbhai Also directs: Bigferry Courier Services LLP, Ganthan Corporation LLP | Director | 12 Sep 2016 | 10 Years 1 Months | Current |
Peer Comparison of Synifex Infotech Private Limited
Synifex Infotech Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Texoham Centre for Advanced Computing Private Limited | ₹1.31 Cr (FY 2025) | •••• | •••• | 61.0% | •••• | Hyderabad, Telangana, India |
| Areete Business Solutions Private Limited | ₹1.31 Cr (FY 2025) | •••• | •••• | 53.0% | •••• | Pune, Maharashtra, India |
| Allengers Infotech Private Limited | ₹1.31 Cr (FY 2023) | •••• | •••• | -46.0% | •••• | Mumbai, Maharashtra, India |
| Wavenet Technologies Private Limited | ₹1.31 Cr (FY 2024) | •••• | •••• | -13.0% | •••• | Borivali, Mumbai, Maharashtra, India |
| Anmeda Systems Private Limited | ₹1.31 Cr (FY 2025) | •••• | •••• | 54.0% | •••• | Bangalore, Karnataka, India |
| Synifex Infotech Private Limited this company | ₹1.31 Cr (FY 2021) | •••• | •••• | 251.0% | •••• | Surat, Gujarat, India |
| Ebq Square Private Limited | ₹1.31 Cr (FY 2023) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Nextgen Property Adviser Private Limited | ₹1.31 Cr (FY 2025) | •••• | •••• | 86.0% | •••• | Hyderabad, Telangana, India |
| Mobatia Technology Private Limited | ₹1.31 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Thiruvananthapuram, Kerala, India |
| Balaji Techno Systems Private Limited | ₹1.31 Cr (FY 2024) | •••• | •••• | 109.0% | •••• | Thane, Maharashtra, India |
| Techtuners Software Services Private Limited | ₹1.3 Cr (FY 2024) | •••• | •••• | -3.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Synifex Infotech by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Synifex Infotech Private Limited
Synifex Infotech Private Limited is audited by C J KOTADIYA & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| C J KOTADIYA & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Synifex Infotech Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Synifex Infotech Private Limited
Synifex Infotech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Synifex Infotech Private Limited
Employment history and EPFO contributions of people linked to Synifex Infotech.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Synifex Infotech Private Limited
Synifex Infotech Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Kajalben Rafaliya Ketanbhai was appointed as Director on 12 Sep 2016.
Credit Ratings, Litigation & Regulatory Alerts for Synifex Infotech Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Synifex Infotech Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Synifex Infotech Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Synifex Infotech Private Limited
Synifex Infotech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAXCS5634C1Z5 | Gujarat | Active | 04 Oct 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Synifex Infotech Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Synifex Infotech Private Limited
Synifex Infotech is an active private limited company based in Surat, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 12 September 2016 (10+ years old) and is registered under CIN U72900GJ2016PTC093696.
Synifex Infotech reported revenue of ₹1.31 Cr for FY 2021 (up 251% YoY).
Synifex Infotech has 2 current directors:
- Ketan Babubhai Rafaliya - Director
- Kajalben Rafaliya Ketanbhai - Director
Synifex Infotech reported a net loss of ₹6.17 Lakh (net margin -4.7%) and EBITDA of -₹4.7 Lakh (EBITDA margin -3.6%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Synifex Infotech is 156% over three years. In the latest year (FY 2021) revenue rose 251%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Synifex Infotech is 24AAXCS5634C1Z5, registered in Gujarat.
The CIN (Corporate Identification Number) of Synifex Infotech is U72900GJ2016PTC093696. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Synifex Infotech was incorporated on 12 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Synifex Infotech by revenue are Texoham Centre for Advanced Computing Private Limited, Areete Business Solutions Private Limited, Allengers Infotech Private Limited, Wavenet Technologies Private Limited, Anmeda Systems Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Kajalben Rafaliya Ketanbhai was appointed as Director on 12 Sep 2016. Ketan Babubhai Rafaliya was appointed as Director on 12 Sep 2016.
The registered office of Synifex Infotech is at 10 Prabhudarshan Society Shyamdham Chowk Punagam, Surat, Gujarat, India – 395006.