Advance Syntex Limited - Company Profile

It is a chemicals and materials public limited company based in Vadodara, Gujarat, India, established in 1990.
1990 Vadodara, Gujarat, India Active
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About Advance Syntex Limited

Advance Syntex Limited, a active public limited company, was established on 21 September 1990 in Vadodara, Gujarat, India. Engaging in specialty chemicals within the manufacturing sector, it holds CIN: L17119GJ1990PLC014406. Registered under ROC Roc Ahmedabad. it is listed on BSE: 539982. It has an authorized capital of ₹11.50 Cr and a paid-up capital of ₹11.10 Cr.

Formerly known as Advance Syntex Private Limited. It upholds a compliant status. In 2023, it reported revenue of ₹19.17 Cr and a net worth of ₹12.22 Cr. Employing 8 professional, Its leadership includes Praful Ramanlal Pandya (Director), Ashish Govindlal Shukla (Director), Bhavan Vora (Managing Director). Past directors included Praful Ramanlal Pandya, Ashish Govindlal Shukla, Bhavan Vora. It holds ₹60.78 Cr open charges and ₹27.42 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 233/2 & 238/2, G I D C Por Ramangamdi, Vadodara, Gujarat, 391243.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    L17119GJ1990PLC014406

  • Registration Number

    014406

  • Incorporation Date

    21 September 1990

  • Authorized Capital

    ₹11.50 Cr

  • Paid-Up Capital

    ₹11.10 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Listed (BSE: 539982)

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 11.50 Cr
  • Paid Up Capital ₹ 11.10 Cr
  • Company Age 35 Year, 4 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 60.78 Cr
  • Satisfied Charges ₹ 27.42 Cr
  • Revenue Growth **** -34.32%
  • Profit Growth **** 58.77%
  • Ebitda **** -1021.18%
  • Net Worth -12.32%
  • Total Assets -17.85%
Company report

Advance Syntex Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Advance Syntex Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Advance Syntex Limited?
Current Directors
Name Designation Appointment Date Status
Praful Ramanlal Pandya Director 15 Dec 2010 Current
Ashish Govindlal Shukla Director 02 Feb 2019 Current
Bhavan Vora Managing Director 19 Oct 1996 Current
Ronojoy Basu Director 05 Sep 2020 Current
Nandishkumar Vinodray Gandhi Director 15 Dec 2010 Current
Himeshbhai Ochchhavlal Shah Director 24 Dec 2015 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 30 Sep 2011 Past
Pramod Abcsdd Additional Director 30 Sep 2019 Past
Pramod Abcsdd Whole-Time Director 24 Dec 2015 Past
Pramod Abcsdd Additional Director 31 Dec 2020 Past
Pramod Abcsdd Company Secretary - Past
Pramod Abcsdd Company Secretary - Past

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Financial Performance of Advance Syntex.

Advance Syntex Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 34.32% decrease. The company also saw a substantial improvement in profitability, with a 58.77% increase in profit. The company's net worth observed a substantial decline by a decrease of 12.32%.

Advance Syntex revenue growth over time
Advance Syntex profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -34.32%
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Revenue from Operations
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 -34.23%
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Total Assets
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 -17.85%
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Profit or Loss
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 58.77%
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Net Worth
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 -12.32%
*******
*******
*******
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EBITDA
*******
 -1021.18%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Advance Syntex?

In 2023, Advance Syntex had a promoter holding of 59.76% and a public holding of 40.23%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹607,822,810.00

Satisfied Charges

₹274,157,000.00

Charges Breakdown by Lending Institutions
  • Axis Bank Limited : 50.15 Cr
  • Others : 10.44 Cr
  • Siemens Financial Services Private Limited : 0.19 Cr
Latest Charge Details
Date Lender Amount Status
31 Aug 2020 Others ₹4.69 M Open
31 Aug 2020 Others ₹1.51 M Open
29 Aug 2020 Others ₹1.45 M Open
17 Aug 2020 Others ₹2.59 M Open
24 Jun 2020 Axis Bank Limited ₹7.50 M Open

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How Many Employees Work at Advance Syntex?

Advance Syntex has a workforce of 8 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Advance Syntex, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Advance Syntex's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Advance Syntex
Recent Activity within the Organization
  • Annual General Meeting

    Advance Syntex Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Director Appointment

    Progress on Neha Sharma was appointed as a Company Secretary was appointed as a Company Secretary on 11 Jun 2025 & has been associated with this company since 7 months 23 days . was documented.

  • Balance Sheet

    Advance Syntex Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was recorded as a recent event.

  • Charges

    Progress on A charge with Axis Bank Limited of Rs. 24.70 Cr registered on 15 May 2017 with Charge ID 100110008 was modified on 28 Jan 2021. was documented.

  • Charges

    The activity A charge with Axis Bank Limited of Rs. 24.70 Cr registered on 07 Aug 2015 with Charge ID 10589181 was modified on 22 Oct 2020. was completed.

  • Director Appointment

    Ronojoy Basu was appointed as a Director was appointed as a Director on 05 Sep 2020 & has been associated with this company since 5 years 4 months . was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Advance Syntex Limited?

The CIN of Advance Syntex Limited is L17119GJ1990PLC014406.

Where is Advance Syntex Limited headquartered?

Advance Syntex Limited is headquartered at 233/2 & 238/2, G I D C Por Ramangamdi, Vadodara, Gujarat, 391243.

When was Advance Syntex Limited incorporated?

Advance Syntex Limited was incorporated on 21 September 1990.

Who are the current directors of Advance Syntex Limited?

The current directors of Advance Syntex Limited are

What is the primary industry of Advance Syntex Limited?

The primary industry of Advance Syntex Limited is Manufacturing.

Is Advance Syntex Limited a listed company?

Advance Syntex Limited is listed. It is listed on BSE: 539982.

What is the capital structure of Advance Syntex Limited?

The authorized capital of Advance Syntex Limited is ₹11.50 Cr, and the paid-up capital is ₹11.10 Cr.

What is the compliance status of Advance Syntex Limited?

The compliance status of Advance Syntex Limited is Compliant.

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