About Synjergo Technologies Private Limited
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Synjergo Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 27 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74110KA2016PTC093665. Its GSTIN is 29AAXCS1396M2Z6 (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nagendra Madaiah and Krishna Vedavyasa.
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 No.703 5C 7th Main 1st Block Kalyan Nagar, Bangalore, Karnataka, India – 560043.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.09 Cr, a growth of 48% compared to the previous year. For the same year it recorded a net profit of ₹6.01 Lakh (net margin 5.5%) and EBITDA of ₹8.19 Lakh (EBITDA margin 7.5%). Revenue has grown at a compounded annual rate (CAGR) of 477% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website synjergo.com.
Company details
CIN history
Synjergo Technologies has one previous CIN (Corporate Identification Number): U74999KA2016PTC093665. The current CIN is U74110KA2016PTC093665, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110KA2016PTC093665 | Current |
| U74999KA2016PTC093665 | Previous |
Contact details
Synjergo Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is synjergo.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.703 5C 7th Main 1st Block Kalyan Nagar, Bangalore, Karnataka, India – 560043
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Synjergo Technologies 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 Synjergo Technologies is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Synjergo Technologies Private Limited, buy the company report.
Financials of Synjergo Technologies Private Limited
FY 2022 filings availableSynjergo Technologies Private Limited reported revenue of ₹1.09 Cr (up 48% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 477% over five years, including 48% growth in the latest year. EBITDA rose 538% 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 | ₹1.09 Cr | ||||
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| EBITDA | ₹8.19 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹6.01 Lakh | ||||
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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 | 7.5% | ||||
| Net Profit Margin | 5.5% | ||||
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To see the full financial statements and ratios of Synjergo Technologies Private Limited, buy the company report.
Board of directors of Synjergo Technologies Private Limited
Synjergo Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nagendra Madaiah Also directs: Pikkant Kitchens Private Limited | Director | 18 Jun 2019 | 7 Years 4 Months | Current |
| Krishna Vedavyasa Also directs: Estratys Retail Private Limited, Ebn Ecommerce Private Limited | Director | 27 May 2016 | 10 Years 5 Months | Current |
Auditor
Synjergo Technologies Private Limited is audited by VIDHYA PRADEEP & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIDHYA PRADEEP & ASSOCIATES | FY 2020 | 016290S |
Shareholding
The shareholding of Synjergo Technologies Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Synjergo Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Synjergo Technologies 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 Synjergo Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Synjergo Technologies has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAXCS1396M2Z6 | Karnataka | Active | 23 Jan 2018 |
To see the full GST registrations and return filing status of Synjergo Technologies Private Limited, buy the company report.
Recent activity
Synjergo Technologies Private Limited has 3 board changes on record since 2016: 2 appointments and 1 cessation. The latest: Nagendra Madaiah was appointed as Director on 18 Jun 2019.
Frequently asked questions
Synjergo Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 27 May 2016 (10+ years old) and is registered under CIN U74110KA2016PTC093665.
Synjergo Technologies has 2 current directors:
- Nagendra Madaiah - Director
- Krishna Vedavyasa - Director
The latest financial statements of Synjergo Technologies 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 Synjergo Technologies is 29AAXCS1396M2Z6, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Synjergo Technologies is U74110KA2016PTC093665. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Synjergo Technologies was incorporated on 27 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Nagendra Madaiah was appointed as Director on 18 Jun 2019. Shiva Kumar Nagendra ceased to be Director on 18 Jun 2019. Krishna Vedavyasa was appointed as Director on 27 May 2016.
Synjergo Technologies can be reached through the website synjergo.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Synjergo Technologies is at No.703 5C 7th Main 1st Block Kalyan Nagar, Bangalore, Karnataka, India – 560043.
Synjergo Technologies operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.
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