About Syndicate Machines
Syndicate Machines is an Industrial Goods & Manufacturing company based in Navi Mumbai (India). Dealing in used and new industrial machines is conducted by Syndicate Machines. Its Indian entity Syndicate Machines Private Limited reported revenue of ₹29.29 Cr. Syndicate Machines offers products and services including Used Machines and New Machines. Its focus areas include Manufacturing, Industrial Equipment, New Machinery and Machine Sales.
Company details
Syndicate Machines Pvt. Ltd. is known for its involvement in the supply of new and pre-owned industrial machinery. It was established in 2005 and has been recognized as a provider of quality products for industries like tool rooms and precision machining workshops. A stock of over 150 machines is maintained, catering to needs in molding, fabrication, and pressing sectors. Services are offered without warranties, emphasizing customer verification before purchase.
- Headquarters Navi Mumbai, India
- SectorsIndustrial Goods & Manufacturing
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- Legal Name Syndicate Machines Pvt. Ltd
- Date of Incorporation 20 Mar, 2006
- Jurisdiction Navi Mumbai, Maharashtra, India
- Annual Revenue₹29.29 Cr
FY 2024 · -2% YoY
- Net Profit₹61.6 Lakh
FY 2024 · 2% margin
- EBITDA₹1.03 Cr
FY 2024 · 4% margin
Associated legal entities of Syndicate Machines
Syndicate Machines operates through Syndicate Machines Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Syndicate Machines Private Limited CIN U28900MH2006PTC160576 | Active | 20 Mar 2006 | Navi Mumbai, Maharashtra | ₹29.3 Cr | 2 | View details |
Products & Services of Syndicate Machines
Syndicate Machines offers a comprehensive portfolio of products and services, including Used Machines and New Machines.
Second-hand industrial machinery is traded and supplied by the company for various applications.
New industrial machinery is dealt in by the company for industrial needs.
Board of directors of Syndicate Machines Private Limited (Syndicate Machines)
Syndicate Machines Private Limited is the primary company behind Syndicate Machines. The board of Syndicate Machines Private Limited currently have 2 directors; the longest-serving is Harpreetsingh Daljitsingh Jaggi, appointed in 2010. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Harpreetsingh Daljitsingh Jaggi DIN 02903941 | Director | 17 Jun 2010 | 16 yrs 4 mo | Syndicate Machines Private Limited |
| Tina Kaur Harpreet Jaggi DIN 02904131 | Director | 17 Jun 2010 | 16 yrs 4 mo | Syndicate Machines Private Limited |
Financials of Syndicate Machines
Figures of Syndicate Machines Private Limited, the primary company behind Syndicate Machines, for FY 2024. Revenue was ₹29.29 Cr (-2% year on year). Net profit was ₹61.6 Lakh (2% margin). EBITDA was ₹1.03 Cr (4% margin). Revenue has grown at a compounded annual rate of +19% over three years and +10% over five years.
- ₹29.29 CrRevenue · FY 2024 · -2% YoY
- ₹61.6 LakhNet profit · 2% margin
- ₹1.03 CrEBITDA · 4% margin
- ₹1 LakhPaid-up capital
- +19%Revenue CAGR, 3 years
- +10%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Syndicate Machines Private Limited are on its company page.
Detailed financial statements for Syndicate Machines
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Frequently Asked Questions about Syndicate Machines
Syndicate Machines is headquartered in Navi Mumbai, India. It is registered at Navi Mumbai, Maharashtra, India.
The primary company behind Syndicate Machines, Syndicate Machines Private Limited, reported revenue of ₹29.29 Cr for FY 2024, down 2% year on year.
Syndicate Machines Pvt. Ltd. is known for its involvement in the supply of new and pre-owned industrial machinery. It was established in 2005 and has been recognized as a provider of quality products for industries like tool rooms and precision machining workshops. A stock of over 150 machines is maintained, catering to needs in molding, fabrication, and pressing sectors. Services are offered without warranties, emphasizing customer verification before purchase.
Syndicate Machines offers Used Machines and New Machines.
Syndicate Machines operates through Syndicate Machines Private Limited.
The legal entities of Syndicate Machines currently have 2 directors, including Harpreetsingh Daljitsingh Jaggi, Tina Kaur Harpreet Jaggi.