Synset Techcon Private Limited
About Synset Techcon Private Limited
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Synset Techcon Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the equipment leasing and financing segment of the financial services sector. It was incorporated on 25 April 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2019PTC324517. Its GSTIN is 27ABBCS9600F1ZF (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Krunal Ramdas Pawar and Aaditi Parikshit Kadam.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Flat 5 I Floor Sumangal Siddhivinayak Mulund Link Road Mulund West, Mumbai, Maharashtra, India – 400080.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.31 Cr, a growth of 42% compared to the previous year. For the same year it recorded a net profit of ₹2.25 Lakh (net margin 1.7%) and EBITDA of ₹3.66 Lakh (EBITDA margin 2.8%). Revenue has grown at a compounded annual rate (CAGR) of 88% over three years.
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- Registered AddressFlat 5 I Floor Sumangal Siddhivinayak Mulund Link Road Mulund West, Mumbai, Maharashtra, India – 400080
- IndustryFinancial Services, Equipment Leasing & Financing
- 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 of Synset Techcon Private Limited
The main business activity of Synset Techcon is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis 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 Synset Techcon Private Limited FY 2023 filings available
Synset Techcon Private Limited reported revenue of ₹1.31 Cr (up 42% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Synset Techcon Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 88% over three years, including 42% growth in the latest year. EBITDA rose 11% 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 Synset Techcon Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| 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 | ₹3.66 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.25 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 Synset Techcon Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 2.8% | •••• | •••• | •••• |
| Net Profit Margin | 1.7% | •••• | •••• | •••• |
| 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 Synset Techcon are in the company report.
Financial statements from FY 2020
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 Synset Techcon Private Limited
Synset Techcon has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krunal Ramdas Pawar Also directs: Autovise Controls LLP | Director | 25 Apr 2019 | 7 Years 5 Months | Current |
| Aaditi Parikshit Kadam | Director | 25 Apr 2019 | 7 Years 5 Months | Current |
| Parikshit Yashwant Kadam | Director | 11 Oct 2021 | 5 Years 0 Months | Current |
Peer Comparison of Synset Techcon Private Limited
Synset Techcon Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Die Casting, Machinery and Equipment Leasing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Viswakarma Nirman Private Limited | ₹1.32 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Kolkata, West Bengal, India |
| Maa Sarswati Tara Ispat Private Limited | ₹1.32 Cr (FY 2025) | •••• | •••• | -36.0% | •••• | Kolkata, West Bengal, India |
| Amirsons Aluminium Formwork Private Limited | ₹1.32 Cr (FY 2023) | •••• | •••• | 17.0% | •••• | New Delhi, Delhi, India |
| Cosmos Lifters and Technical Services Private Limited | ₹1.32 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Mumbai, Maharashtra, India |
| GT Nova Infra Private Limited | ₹1.31 Cr (FY 2024) | •••• | •••• | -11.0% | •••• | New Delhi, Delhi, India |
| Synset Techcon Private Limited this company | ₹1.31 Cr (FY 2023) | •••• | •••• | 42.0% | •••• | Mumbai, Maharashtra, India |
| Pavetech Precast Private Limited | ₹1.31 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Kolkata, West Bengal, India |
| Nfcast India Private Limited | ₹1.31 Cr (FY 2025) | •••• | •••• | -42.0% | •••• | Kagal, Maharashtra, India |
| Ironix Technocast Private Limited | ₹1.31 Cr (FY 2024) | •••• | •••• | •••• | Rajkot, Gujarat, India | |
| Sriram Estates Private Limited | ₹1.3 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Kolkata, West Bengal, India |
| NSGR Real Estate Private Limited | ₹1.3 Cr (FY 2025) | •••• | •••• | 968.0% | •••• | Jaipur, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Synset Techcon by revenue in the BFSI industry (Die Casting, Machinery and Equipment Leasing), 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 Synset Techcon Private Limited
Synset Techcon Private Limited is audited by DINESH PAI & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DINESH PAI & 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 Synset Techcon 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 Synset Techcon Private Limited
Synset Techcon Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Synset Techcon Private Limited
Employment history and EPFO contributions of people linked to Synset Techcon.
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 Synset Techcon Private Limited
Synset Techcon Private Limited has 4 board changes on record since 2019: 3 appointments and 1 cessation. The latest: Parikshit Yashwant Kadam ceased to be Additional Director on 30 Nov 2021.
Credit Ratings, Litigation & Regulatory Alerts for Synset Techcon 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 Synset Techcon 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 Synset Techcon 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 Synset Techcon Private Limited
Synset Techcon has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABBCS9600F1ZF | Maharashtra | Active | 16 Jul 2019 |
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 Synset Techcon 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 Synset Techcon Private Limited
Synset Techcon is an active private limited company based in Mumbai, Maharashtra, India. The company works in equipment leasing and financing, within the financial services industry. It was incorporated on 25 April 2019 (7+ years old) and is registered under CIN U74999MH2019PTC324517.
Synset Techcon reported revenue of ₹1.31 Cr for FY 2023 (up 42% YoY).
Synset Techcon has 3 current directors:
- Krunal Ramdas Pawar - Director
- Aaditi Parikshit Kadam - Director
- Parikshit Yashwant Kadam - Director
Synset Techcon reported a net profit of ₹2.25 Lakh (net margin 1.7%) and EBITDA of ₹3.66 Lakh (EBITDA margin 2.8%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Synset Techcon is 88% over three years. In the latest year (FY 2023) revenue rose 42%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Synset Techcon is 27ABBCS9600F1ZF, registered in Maharashtra.
The CIN (Corporate Identification Number) of Synset Techcon is U74999MH2019PTC324517. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Synset Techcon was incorporated on 25 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Synset Techcon by revenue are Viswakarma Nirman Private Limited, Maa Sarswati Tara Ispat Private Limited, Amirsons Aluminium Formwork Private Limited, Cosmos Lifters and Technical Services Private Limited, GT Nova Infra Private Limited and 5 more, all in the BFSI industry (Die Casting, Machinery and Equipment Leasing).
Parikshit Yashwant Kadam ceased to be Additional Director on 30 Nov 2021. Parikshit Yashwant Kadam was appointed as Director on 11 Oct 2021. Aaditi Parikshit Kadam was appointed as Director on 25 Apr 2019. Synset Techcon has 4 board changes on record in total.
The registered office of Synset Techcon is at Flat 5 I Floor Sumangal Siddhivinayak Mulund Link Road Mulund West, Mumbai, Maharashtra, India – 400080.