Synigence Business Solutions Private Limited

Synigence Business Solutions Private Limited - information technology in Gurgaon, Haryana, India. Directors, charges & compliance details.
CIN U85100HR2016PTC066606 Incorporated 08 December 2016 ROC Delhi HQ Gurgaon, Haryana, India
Converted to LLP Private Limited Company information technology DPIIT Startup
Data last updated
Revenue · FY 2022
₹3.69 Cr
▲ 35% YoY
Net profit · FY 2022
₹94.53 Lakh
Net margin 25.6%
EBITDA · FY 2022
₹1.22 Cr
EBITDA margin 33%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Employees · EPFO
18
Provident fund records
Directors on board
2
As per MCA filings

About Synigence Business Solutions Private Limited

Data last updated:

Synigence Business Solutions Private Limited was a private limited company based in Gurgaon, Haryana, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 08 December 2016.

The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U85100HR2016PTC066606. Its GSTIN is 07AAXCS8867M1ZZ (Delhi). The company held 2 GST registrations, of which 1 is active.

The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Aarti Malhotra and Manoj Malhotra.

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 was at House Number 1493 Sector 52, Gurgaon, Haryana, India – 122002.

As per the financials filed for FY 2022, the company reported a revenue of ₹3.69 Cr, a growth of 35% compared to the previous year. For the same year it recorded a net profit of ₹94.53 Lakh (net margin 25.6%) and EBITDA of ₹1.22 Cr (EBITDA margin 33%). Revenue has grown at a compounded annual rate (CAGR) of 75% over three years and 39% over five years.

The company has about 18 employees on its provident fund (EPFO) records.

The last known website on record is synigencebsl.com.

Company details

CIN U85100HR2016PTC066606
Registration Number 066606
Incorporation Date 08 December 2016
ROC Delhi
Listing Status Unlisted
Company Status Converted to LLP
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup

CIN history

Synigence Business Solutions has one previous CIN (Corporate Identification Number): U74999HR2016PTC066606. The current CIN is U85100HR2016PTC066606, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U85100HR2016PTC066606Current
U74999HR2016PTC066606Previous

Recognitions & Rankings of Synigence Business Solutions

DPIIT recognised startup Government of India
Startup India

Contact details

Synigence Business Solutions Private Limited's registered office is in Gurgaon, Haryana. Its website is synigencebsl.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    House Number 1493 Sector 52, Gurgaon, Haryana, India – 122002
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Synigence Business Solutions Private Limited, buy the company report.

Comprehensive company report
Synigence Business Solutions Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Synigence Business Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

To see the full business activity and turnover split of Synigence Business Solutions Private Limited, buy the company report.

Financials of Synigence Business Solutions Private Limited

FY 2022 filings available

Synigence Business Solutions Private Limited reported revenue of ₹3.69 Cr (up 35% YoY) for FY 2022.

Revenue · FY 2022
₹3.69 Cr ▲ 35%
Net profit · FY 2022
₹94.53 Lakh margin 25.6%
EBITDA · FY 2022
₹1.22 Cr margin 33%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 35%
3 years · compounded
▲ 75%
5 years · compounded
▲ 39%
EBITDA CAGR growth
1 year
▲ 26%
3 years · compounded
▲ 70%
5 years · compounded
▲ 41%

Revenue has grown at a compounded annual rate (CAGR) of 39% over five years, including 35% growth in the latest year. EBITDA rose 26% 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹3.69 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹1.22 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹94.53 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin33%
Net Profit Margin25.6%
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

To see the full financial statements and ratios of Synigence Business Solutions Private Limited, buy the company report.

Board of directors of Synigence Business Solutions Private Limited

Synigence Business Solutions has 2 directors on record. No former directors are listed.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Aarti MalhotraDirector08 Dec 20169 Years 10 MonthsAs last reported
Manoj MalhotraDirector08 Dec 20169 Years 10 MonthsAs last reported

Peer comparison

Synigence Business Solutions Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Sign Age and Engineering Private Limited₹3.69 Cr (FY 2025)3.0%Chennai, Tamil Nadu, India
Khubsurat Decor and Maintenance Private Limited₹3.69 Cr (FY 2025)15.0%Jaipur, Rajasthan, India
Techbridgesoft Innovation Private Limited₹3.69 Cr (FY 2025)3.0%Gurugram, Haryana, India
Fourassist IT Consulting Private Limited₹3.69 Cr (FY 2019)Delhi, India
Synigence Business Solutions Private Limitedthis company₹3.69 Cr (FY 2022)₹94.53 Lakh25.6%35.0%18Gurgaon, Haryana, India
Aquapay Payment Technologies Private Limited₹3.69 Cr (FY 2024)-57.0%Mumbai, Maharashtra, India
Uspi Consulting Private Limited₹3.69 Cr (FY 2024)166.0%Pune, Maharashtra, India
Bitrocket Labs Private Limited₹3.69 Cr (FY 2025)11496.0%Bangalore, Karnataka, India
Pixie Dreams Private Limited₹3.68 Cr (FY 2024)9.0%Noida, Uttar Pradesh, India

To see the full peer comparison of Synigence Business Solutions Private Limited, buy the company report.

Auditor

Synigence Business Solutions Private Limited is audited by V K KHOSLA & CO for the financial year 2019.

Auditor firmFinancial yearFirm registration number
V K KHOSLA & COFY 2019002283N

Shareholding

The shareholding of Synigence Business Solutions Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2019FY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Synigence Business Solutions Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Synigence Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Synigence Business Solutions Private Limited has a workforce of 18 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.

Employee count
18
Active EPFO establishments
1
Employee growth
-21.74%

GST

Synigence Business Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
07AAXCS8867M1ZZDelhiActive08 Aug 2017

To see the full GST registrations and return filing status of Synigence Business Solutions Private Limited, buy the company report.

Recent activity

Synigence Business Solutions Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Aarti Malhotra was appointed as Director on 08 Dec 2016.

AGM
Synigence Business Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Synigence Business Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Delhi.
Appointed
Aarti Malhotra was appointed as Director.
Appointed
Manoj Malhotra was appointed as Director.
Incorporation
08 Dec 2016
Synigence Business Solutions Private Limited was registered on 08 Dec 2016 with Roc Delhi & aged 9 years 10 months as per MCA records.

Frequently asked questions

Synigence Business Solutions has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.

Synigence Business Solutions was a private limited company based in Gurgaon, Haryana, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 08 December 2016 and is registered under CIN U85100HR2016PTC066606. For the latest details, refer to the successor LLP entity.

The CIN (Corporate Identification Number) of Synigence Business Solutions is U85100HR2016PTC066606. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Synigence Business Solutions had 2 directors:

Synigence Business Solutions was incorporated on 08 December 2016. It is registered with the Registrar of Companies, Delhi.

Yes, Synigence Business Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Synigence Business Solutions can be reached through the website synigencebsl.com. Its registered office is in Gurgaon, Haryana, India.

The registered office of Synigence Business Solutions is at House Number 1493 Sector 52, Gurgaon, Haryana, India – 122002.

The latest financial statements of Synigence Business Solutions 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 FY 2017 are in the company report.

The GSTIN of Synigence Business Solutions is 07AAXCS8867M1ZZ, registered in Delhi. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

Synigence Business Solutions operated in the information technology industry, in the application development and software solutions segment.