About Syrotech Innovations Private Limited
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Syrotech Innovations Private Limited is a private limited company based in Delhi, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 18 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U29309DL2019PTC357626. Its GSTIN is 09ABCCS9257P1ZE (Uttar Pradesh). 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 Manav Mittal and Suresh Kumar Mittal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 207/88 Second Floor Skipper Corner Nehru Place, Delhi, India – 110019.
As per the financials filed for FY 2024, the company reported a revenue of ₹22.93 Lakh, a decline of 37% compared to the previous year. For the same year it recorded a net loss of ₹1.9 Lakh (net margin -8.3%) and EBITDA of -₹1.9 Lakh (EBITDA margin -8.3%). Revenue has declined at a compounded annual rate (CAGR) of 70% over three years.
For more details, the company can be reached via its website syrotech.com.
Company details
Contact details
Syrotech Innovations Private Limited's registered office is in Delhi, Delhi. Its website is syrotech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address207/88 Second Floor Skipper Corner Nehru Place, Delhi, India – 110019
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Syrotech Innovations 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 Syrotech Innovations is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Syrotech Innovations Private Limited, buy the company report.
Financials of Syrotech Innovations Private Limited
FY 2024 filings availableSyrotech Innovations Private Limited reported revenue of ₹22.93 Lakh (down 37% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 70% over three years, including a 37% fall in the latest year. EBITDA fell 253% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Revenue | ₹22.93 Lakh | ||||
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| EBITDA | -₹1.9 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹1.9 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -8.3% | ||||
| Net Profit Margin | -8.3% | ||||
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To see the full financial statements and ratios of Syrotech Innovations Private Limited, buy the company report.
Board of directors of Syrotech Innovations Private Limited
Syrotech Innovations has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manav Mittal | Director | 18 Nov 2019 | 6 Years 11 Months | Current |
| Suresh Kumar Mittal | Director | 22 Mar 2021 | 5 Years 7 Months | Current |
Auditor
Syrotech Innovations Private Limited is audited by SANJESH JAWARANI & CO. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJESH JAWARANI & CO. | FY 2024 | 011648N |
Shareholding
The shareholding of Syrotech Innovations Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Syrotech Innovations Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Syrotech Innovations 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 Syrotech Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Syrotech Innovations has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09ABCCS9257P1ZE | Uttar Pradesh | Active | 05 Dec 2019 |
To see the full GST registrations and return filing status of Syrotech Innovations Private Limited, buy the company report.
Recent activity
Syrotech Innovations Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Suresh Kumar Mittal ceased to be Additional Director on 30 Nov 2021.
Frequently asked questions
Syrotech Innovations is an active private limited company based in Delhi, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 18 November 2019 (7+ years old) and is registered under CIN U29309DL2019PTC357626.
Syrotech Innovations has 2 current directors:
- Manav Mittal - Director
- Suresh Kumar Mittal - Director
The latest financial statements of Syrotech Innovations on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Syrotech Innovations is 09ABCCS9257P1ZE, registered in Uttar Pradesh. 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 Syrotech Innovations is U29309DL2019PTC357626. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Syrotech Innovations was incorporated on 18 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Delhi.
Suresh Kumar Mittal ceased to be Additional Director on 30 Nov 2021. Akhilesh Gupta ceased to be Director on 22 Mar 2021. Suresh Kumar Mittal was appointed as Director on 22 Mar 2021. Syrotech Innovations has 4 board changes on record in total.
Syrotech Innovations can be reached through the website syrotech.com. Its registered office is in Delhi, India.
The registered office of Syrotech Innovations is at 20788 Second Floor Skipper Corner Nehru Place, Delhi, India – 110019.
Syrotech Innovations operates in the machinery and equipment industry, in the industrial machinery retail and distribution segment.