About Adsyndicate Services Private Limited
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Adsyndicate Services Private Limited is a private limited company based in Manipal, Karnataka, India, a subsidiary of Zeta Infotech Private Limited. It operates in the advertising and media services segment of the media and publishing sector. It was incorporated on 13 January 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U79300KA1997PTC021633. Its GSTIN is 29AADCA4242L1ZK (Karnataka). The company holds 10 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Udupi Badakillaya Rao Krishnaraj and Prabhakar Sastana Pai.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at III Floor Sairam Central Mall, Manipal, Karnataka, India – 576104.
As per the financials filed for FY 2025, the company reported a revenue of ₹104.96 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹92.16 Lakh (net margin 0.9%) and EBITDA of ₹4.78 Cr (EBITDA margin 4.6%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 9% over five years.
The company has about 111 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Adsyndicate. As per MCA filings, the company has open charges of ₹21.4 Cr and satisfied charges of ₹17.64 Cr on record. Court records list 7 cases involving the company, including 5 filed by the company and 1 filed against it; 2 cases are pending. The company has 3 deals on record (3 secondary share transfers); the latest was in March 2023. Its 10 peer companies in the Media and Publishing industry (Advertising Agencies) are compared by revenue, 5 larger and 5 smaller; the largest is Orangeplus Media Solution Private Limited with revenue of ₹108.91 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website adsyndicate.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressIII Floor Sairam Central Mall, Manipal, Karnataka, India – 576104
- IndustryMedia and Publishing, Advertising Agencies & Media Services
- 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 Adsyndicate Services Private Limited
The main business activities of Adsyndicate Services are trade and professional, scientific and technical. In detail, this covers retail trading and advertising and market research. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
| M | Professional, Scientific and Technical | M6 | Advertising and market research | 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 Adsyndicate Services Private Limited FY 2025 filings available
Adsyndicate Services Private Limited reported revenue of ₹104.96 Cr (up 32% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Adsyndicate Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 32% growth in the latest year. EBITDA rose 46% 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 Adsyndicate Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹4.78 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹92.16 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 Adsyndicate Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.9% | •••• | •••• | •••• | •••• |
| 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 Adsyndicate Services are in the company report.
Financial statements from 2015
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.
Peer Comparison of Adsyndicate Services Private Limited
Adsyndicate Services Private Limited is compared with the companies closest to it by revenue in the Media and Publishing industry (Advertising Agencies). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Orangeplus Media Solution Private Limited | ₹108.91 Cr (FY 2017) | •••• | •••• | -9.0% | •••• | New Delhi, Delhi, India |
| Ybrant Digital Limited | ₹108.77 Cr (FY 2007) | •••• | •••• | 2851.0% | •••• | Hyderabad, Telangana, India |
| Percept Limited | ₹107.99 Cr (FY 2024) | •••• | •••• | -29.0% | •••• | Mumbai, Maharashtra, India |
| Trishashna Holdings & Investments Private Limited | ₹106.45 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Delhi, India |
| Parinita Investments Private Limited | ₹105.87 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Delhi, India |
| Adsyndicate Services Private Limited this company | ₹104.96 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Manipal, Karnataka, India |
| Schawk India Private Limited | ₹104.79 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Chennai, Tamil Nadu, India |
| M-Monks Digital Media Private Limited | ₹104.74 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Bangalore, Karnataka, India |
| Datawrkz Business Solutions Private Limited | ₹104.3 Cr (FY 2024) | •••• | •••• | -34.0% | •••• | Bangalore, Karnataka, India |
| Kam Marketing Pvt Ltd | ₹102.9 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Pune, Maharashtra, India |
| Akar Advertising and Marketing Pvt Ltd | ₹102.46 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Adsyndicate Services by revenue in the Media and Publishing industry (Advertising Agencies), 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 Adsyndicate Services Private Limited
Adsyndicate Services Private Limited is audited by PAI NAYAK & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PAI NAYAK & ASSOCIATES | 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.
Board of Directors of Adsyndicate Services Private Limited
Adsyndicate Services 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 |
|---|---|---|---|---|
| Udupi Badakillaya Rao Krishnaraj Also directs: Manipal Industries Limited | Director | 13 Jan 1997 | 29 Years 8 Months | Current |
| Prabhakar Sastana Pai Also directs: Manipal Industries Limited, Manipal Properties Limited, Manipal Insurance Services Limited and 1 more | Director | 15 Sep 2014 | 12 Years 0 Months | Current |
Ownership and Shareholding of Adsyndicate Services 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 Adsyndicate Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Feb 2022 | Others | ₹1.4 Cr | Open |
| 10 Jun 2016 | Others | ₹20 Cr | Open |
| 30 Jul 2020 | Others | ₹1.39 Cr | Satisfied |
| 22 Jun 2020 | Others | ₹2 Cr | Satisfied |
| 07 Jan 2011 | Indian Overseas Bank | ₹10 Cr | Satisfied |
Total charge records: 7 View all charges
Deals & Funding of Adsyndicate Services Private Limited
Adsyndicate Services Private Limited has 3 deals on record (3 secondary share transfers); the latest was in March 2023.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: Zeta Infotech Private Limited , an individual Seller: 3 individuals |
| Mar 2007 | Secondary share transfer | Undisclosed | Buyer: Zeta Infotech Private Limited Seller: an individual |
Full deal history
All 3 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Adsyndicate Services Private Limited
Adsyndicate Services Private Limited has 7 court cases on record: 5 filed by Adsyndicate Services, 1 filed against it, 1 where it is another party. 2 cases are pending and 5 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 0 | 2 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Arbitration matter | Filed against the company by Carterporter Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against Carterporter Private Limited | Disposed |
| District court, UDUPI, Karnataka | Court case (Com.O.S.) | Filed by the company against Carterporter Private Limited | Disposed |
| District court, UDUPI, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Pune, Maharashtra | Court case (Insolvency) | Company is another party | Pending |
Full case history
All 7 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Adsyndicate Services Private Limited
Adsyndicate Services Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Adsyndicate Services Private Limited
Adsyndicate Services operates one associated brand: adsyndicate. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers web design, development, digital marketing, branding, SMM, and SEO services. | adsyndicate.in |
Employees and EPFO Compliance at Adsyndicate Services Private Limited
Adsyndicate Services Private Limited has a workforce of 111 employees as of Apr 09, 2024.
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 Adsyndicate Services Private Limited
Adsyndicate Services Private Limited has 4 board changes on record since 1997: 2 appointments and 2 cessations. The latest: Prabhakar Sastana Pai ceased to be Additional Director on 30 Sep 2015.
10 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Adsyndicate Services 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.
Subsidiaries & Group Companies of Adsyndicate Services 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 Adsyndicate Services Private Limited
Adsyndicate Services has 10 GST registrations: 6 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCA4242L1ZK | Karnataka | Active | 01 Jul 2017 |
| 07AADCA4242L1ZQ | Delhi | Active | 01 Jul 2017 |
| 27AADCA4242L1ZO | Maharashtra | Active | 01 Jul 2017 |
| 33AADCA4242L1ZV | Tamil Nadu | Active | 01 Jul 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 Adsyndicate Services 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 Adsyndicate Services Private Limited
Adsyndicate Services is an active private limited company based in Manipal, Karnataka, India. The company works in advertising agencies and media services, within the media and publishing industry. It was incorporated on 13 January 1997 (29+ years old) and is registered under CIN U79300KA1997PTC021633.
Adsyndicate Services reported revenue of ₹104.96 Cr for FY 2025 (up 32% YoY).
Adsyndicate Services has 2 current directors:
- Udupi Badakillaya Rao Krishnaraj - Director
- Prabhakar Sastana Pai - Director
Adsyndicate Services reported a net profit of ₹92.16 Lakh (net margin 0.9%) and EBITDA of ₹4.78 Cr (EBITDA margin 4.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Adsyndicate Services is 26% over three years and 9% over five years. In the latest year (FY 2025) revenue rose 32%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Adsyndicate Services is 29AADCA4242L1ZK, registered in Karnataka. The company has 10 GST registrations in all, of which 6 are active and 4 are cancelled or inactive. Other active GSTINs include 07AADCA4242L1ZQ (Delhi), 27AADCA4242L1ZO (Maharashtra), 33AADCA4242L1ZV (Tamil Nadu).
The CIN (Corporate Identification Number) of Adsyndicate Services is U79300KA1997PTC021633. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adsyndicate Services has 7 court cases on record: 5 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.
Adsyndicate Services was incorporated on 13 January 1997, making it 29+ years old. It is registered with the Registrar of Companies, Bangalore.
Adsyndicate Services has 3 deals on record (3 secondary share transfers); the latest was in March 2023.
The peers of Adsyndicate Services by revenue are Orangeplus Media Solution Private Limited, Ybrant Digital Limited, Percept Limited, Trishashna Holdings & Investments Private Limited, Parinita Investments Private Limited and 5 more, all in the Media and Publishing industry (Advertising Agencies).
Prabhakar Sastana Pai ceased to be Additional Director on 30 Sep 2015. Belavinakodige Madhu Subramanya ceased to be Director on 15 Sep 2014. Prabhakar Sastana Pai was appointed as Director on 15 Sep 2014. Adsyndicate Services has 4 board changes on record in total.