About Synnova
Synnova is a company based in Rajkot (India) founded in 2010. It operates as a B2B. The company has 1,471 employees. Synnova offers products and services including Gears and Transmissions. Synnova operates in a competitive market with competitors including NSK, Fersa Bearings, Rolex Rings, NRB Bearings and NBC Bearings, among others.
- Headquarter Rajkot, India
- Employees 1,471
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Website synnova.in
- Legal Name Synnova Gears & Transmissions Private Limited
- Date of Incorporation 15 Sep, 2010
- Jurisdiction Gondal, Gujarat, India
- Annual Revenue₹303 Cr
FY 2025 · +3% YoY
- Net Profit₹28.93 Cr
FY 2025 · 10% margin
- EBITDA₹74.29 Cr
FY 2025 · 24% margin
- Employee Count1,471
Associated legal entities of Synnova
Synnova is associated with 2 registered companies on The Company Check; the primary company is Synnova Gears & Transmissions Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Synnova Gears & Transmissions Private Limited CIN U35990GJ2010PTC062318 | Active | 15 Sep 2010 | Gondal, Gujarat | ₹303 Cr | 1,471 | 3 | View details |
| Valence Precision Processes Llp CIN ACC-2897 | Active | 31 Jul 2023 | Gondal, Gujarat | – | – | 2 | View details |
Products & Services of Synnova
Synnova offers a comprehensive portfolio of products and services, including Gears and Transmissions.
Customized manufacturing of gears for industrial power transmission needs
Board of directors of Synnova Gears & Transmissions Private Limited (Synnova)
Synnova Gears & Transmissions Private Limited is the primary company behind Synnova. The boards of the 2 registered companies of Synnova currently have 5 directors; the longest-serving is Kantilal Chhaganbhai Chovatia, appointed in 2010. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kantilal Chhaganbhai Chovatia DIN 00788441 | Director | 15 Sep 2010 | 16 yrs | Synnova Gears & Transmissions Private Limited |
| Pankajkumar Maganlal Babaria DIN 00669983 | Director | 15 Sep 2010 | 16 yrs | Synnova Gears & Transmissions Private Limited |
| Suresh Kadvabhai Vekariya DIN 00047240 | Managing Director | 15 Sep 2010 | 16 yrs | Synnova Gears & Transmissions Private Limited |
| Jamnadas Chimanlal Usdad DIN 10261567 | Designated Partner | 31 Jul 2023 | 3 yrs 2 mo | Valence Precision Processes Llp |
| Bhumika Jamnadas Usadad DIN 10366169 | Designated Partner | 31 Mar 2025 | 1 yr 6 mo | Valence Precision Processes Llp |
People of Synnova
5 people are tracked at Synnova (3 in leadership, 2 in team); the tracked headcount is 1,471.
| Name | Role | Group |
|---|---|---|
Suresh Vekaria | Founder | Leadership |
Ajit Mishra | Plant Head | Leadership |
Habeebrahman Rowther | Head Of HR | Leadership |
Pravinsinh Rathod | Heat Treatment Manager | Team |
Hr Synnova Gears | HR Manager | Team |
Complete people profiles for Synnova
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Financials of Synnova
Figures of Synnova Gears & Transmissions Private Limited, the primary company behind Synnova, for FY 2025. Revenue was ₹303 Cr (+3% year on year). Net profit was ₹28.93 Cr (10% margin). EBITDA was ₹74.29 Cr (24% margin). Revenue has grown at a compounded annual rate of +14% over three years and +25% over five years.
- ₹303 CrRevenue · FY 2025 · +3% YoY
- ₹28.93 CrNet profit · 10% margin
- ₹74.29 CrEBITDA · 24% margin
- ₹26.52 CrPaid-up capital
- 1,471Employees (provident fund records)
- +14%Revenue CAGR, 3 years
- +25%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Synnova Gears & Transmissions Private Limited are on its company page.
Detailed financial statements for Synnova
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Competitors of Synnova
Synnova operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as NSK, Fersa Bearings, Rolex Rings, NRB Bearings and NBC Bearings, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| nsk.com | 1916 | Koga, Japan | – | 31,861 | Major auto components are manufactured and supplied globally. | |
| fersa.com | 1968 | Zaragoza, Spain | – | – | Bearings are manufactured and supplied to aftermarkets by Fersa. | |
| rolexrings.com | 1975 | Rajkot, India | $36.12M | 1,896 | Forged and machined components are produced for industrial bearings. | |
| nrbbearings.com | 1965 | Mumbai, India | – | 58 | Manufactures and supplies roll bearings | |
| nbcbearings.com | 1946 | Jaipur, India | – | – | Bearings are manufactured and exported by NBC Bearings globally. | |
| daidometal.com | 1939 | Nagoya, Japan | – | 66 | Bearings and components are manufactured and supplied for multiple industries. | |
| galaxybearings.com | 1990 | Rajkot, India | – | 203 | Bearings are manufactured and supplied to OEMs for vehicles. | |
| ravitechnoforge.com | 1990 | Rajkot, India | $2.52M | 1,040 | High precision forged products are manufactured for the automotive sector. | |
| ntnamericas.com | 1918 | Mount Prospect, United States | – | 3,663 | Produces bearings and joints for automotive and industrial applications globally. |
Detailed competitors of Synnova
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Similar companies to Synnova
10 companies that operate in the same segment as Synnova (Construction Equipment and Machinery), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Industrial tools and equipment are supplied globally by Kennametal. | 1938 | Latrobe, Pennsylvania, United States | – | USD 1.97 B | 8,119 | |
Capital goods for agriculture and construction are manufactured by CNH. | 2012 | Basildon, Essex, United Kingdom | – | USD 18.1 B | 35,850 | |
Engineering and automation solutions are provided for diverse industries. | 1946 | Mumbai, Maharashtra, India | – | USD 30.48 B | 412,970 | |
Construction and industrial equipment is rented across North America. | 1983 | Fort Mill, South Carolina, United States | – | – | – | |
Construction machinery is manufactured and supplied by the group worldwide. | 1999 | China | – | USD 1.75 K | – | |
Tractors and mechanized off-highway equipment are manufactured. | 1837 | Moline, Illinois, United States | – | USD 45.63 B | – | |
Industrial tools and household hardware are manufactured. | 1843 | Baltimore, Maryland, United States | – | USD 15.13 B | 48,500 | |
Precision components are manufactured for various industries. | 1980 | West Fargo, North Dakota, United States | – | USD 2.43 B | 3,650 | |
Construction and mining equipment, engines, and locomotives are manufactured. | 1925 | United States | – | USD 67.59 B | 112,900 | |
Construction and mining equipment, engines, and locomotives are manufactured. | 1993 | United States | – | – | – |
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Frequently Asked Questions about Synnova
Synnova was founded in 2010.
Synnova is headquartered in Rajkot, India. It is registered at Rajkot, Gujarat, India.
Synnova has 1,471 employees.
The primary company behind Synnova, Synnova Gears & Transmissions Private Limited, reported revenue of ₹303 Cr for FY 2025, up 3% year on year.
Synnova Gears Transmissions Pvt. Ltd., based in Rajkot, Gujarat, India, specializes in designing and manufacturing customized gears and transmissions. They use advanced technology and skilled expertise to tailor products to specific customer requirements, ensuring high-quality outputs from initial design through to delivery. The company focuses on industrial applications, prioritizing value addition and quality certification in their processes, serving various business clients with reliable solutions.
Synnova's top competitors include NSK, Rolex Rings and NRB Bearings.
Synnova offers Gears and Transmissions.
Synnova is associated with 2 legal entities: Synnova Gears & Transmissions Private Limited, Valence Precision Processes Llp.
The legal entities of Synnova currently have 5 directors, including Bhumika Jamnadas Usadad, Jamnadas Chimanlal Usdad, Kantilal Chhaganbhai Chovatia and others.