- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0015316

About Image Synergy Ekxplor Private Limited
Data last updated:
Image Synergy Ekxplor Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 05 July 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U22221KA1995PTC018221. Its GSTIN is 29AAACI3830P1Z7 (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹3.73 Cr. It is led by directors including Sujan Nailady (Managing Director) and Jaishankar Puttaswamy (Whole-Time Director).
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 No.10 Vajarahalli Off Kanakapura Road, Bangalore, Karnataka, India – 560062.
As per the financials filed for FY 2025, the company reported a revenue of ₹95.36 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹6.4 Lakh (net margin 0.1%) and EBITDA of ₹7.53 Cr (EBITDA margin 7.9%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 16% over five years.
The company has about 564 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Aethon Energy. As per MCA filings, the company has open charges of ₹36.36 Cr and satisfied charges of ₹29.57 Cr on record. Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.33 Cr; the latest was in July 2021.
Image Synergy Ekxplor Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0015316). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website imagelabels.com.
Company details
Recognitions & Rankings of Image Synergy Ekxplor
Contact details
Image Synergy Ekxplor Private Limited's registered office is in Bangalore, Karnataka. Its website is imagelabels.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.10 Vajarahalli Off Kanakapura Road, Bangalore, Karnataka, India – 560062
- IndustryPackaging, Industrial Packaging Solutions
To see the full contact details of Image Synergy Ekxplor 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
Brands
Image Synergy Ekxplor operates one associated brand: Aethon Energy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops innovative solar energy systems for distributed applications. | aethonenergy.in |
Business activity
The main business activity of Image Synergy Ekxplor is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Image Synergy Ekxplor Private Limited, buy the company report.
Financials of Image Synergy Ekxplor Private Limited
FY 2024 filings availableImage Synergy Ekxplor Private Limited reported revenue of ₹95.36 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 2% growth in the latest year. EBITDA fell 32% 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 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 | ₹7.53 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.4 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.9% | ||||
| Net Profit Margin | 0.1% | ||||
| 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 | |||||
To see the full financial statements and ratios of Image Synergy Ekxplor Private Limited, buy the company report.
Board of directors of Image Synergy Ekxplor Private Limited
Image Synergy Ekxplor has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaishankar Puttaswamy | Whole-Time Director | 05 Aug 1996 | 30 Years 3 Months | Current |
| Shantha Gopi | Director | 05 Aug 1996 | 30 Years 3 Months | Current |
| Soumya Sujan Also directs: Image Labels Holdings LLP | Director | 05 Aug 1996 | 30 Years 3 Months | Current |
| Sujan Nailady Also directs: Image Labels Holdings LLP | Managing Director | 30 Aug 2004 | 22 Years 2 Months | Current |
Auditor
Image Synergy Ekxplor Private Limited is audited by D G Anil Kumar & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D G Anil Kumar & Co | FY 2023 | 028670 |
Shareholding
The shareholding of Image Synergy Ekxplor Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Image Synergy Ekxplor Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Dec 2018 | 100230942 | Others | ₹36.36 Cr | Open | |
| 03 Mar 2018 | 100165214 | Others | ₹42 Lakh | Satisfied | |
| 30 Jan 2017 | 100079940 | Others | ₹60 Lakh | Satisfied | |
| 24 Oct 2016 | 100059350 | Others | ₹17.5 Lakh | Satisfied | |
| 05 Oct 2016 | 100077265 | Others | ₹3.2 Cr | Satisfied |
To see the full charge records of Image Synergy Ekxplor Private Limited, buy the company report.
Total charge records: 24 View all charges
Deals & funding
Image Synergy Ekxplor Private Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.33 Cr; the latest was in July 2021.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2021 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
| Nov 2011 | Funding round | ₹1.84 Cr | Investors: 4 individuals |
| Sep 2009 | Funding round | ₹49 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Image Synergy Ekxplor Private Limited has 6 court cases on record: 4 filed by Image Synergy Ekxplor, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 1 | 0 |
| District courts | 2 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Court case (COP) | Filed by the company against M/S Namtech Electronic Devices Ltd | Disposed |
| High Court of Karnataka | Appeal | Filed against the company by The Asistant Commissioner of Central Tax | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against an individual | Disposed |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against Nametech Electronics Devices Ltd. | Disposed |
To see the full case history of Image Synergy Ekxplor Private Limited, buy the company report.
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.
Credit ratings & regulatory alerts
Image Synergy Ekxplor Private Limited was last rated by Crisil on 22 Jun 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 22 Jun 2020 |
To see the full credit ratings and regulatory alerts of Image Synergy Ekxplor Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Image Synergy Ekxplor Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Image Synergy Ekxplor Private Limited has a workforce of 564 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Image Synergy Ekxplor has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACI3830P1Z7 | Karnataka | Active | 01 Jul 2017 |
| 29AAACI3830P2Z6 | Karnataka | Active | 29 Apr 2023 |
To see the full GST registrations and return filing status of Image Synergy Ekxplor Private Limited, buy the company report.
Recent activity
Image Synergy Ekxplor Private Limited has 8 board changes on record since 1996: 4 appointments and 4 cessations. The latest: Dayakar Jayaram Bangara ceased to be Director on 31 Jan 2025.
53 earlier events are in the company report.
Frequently asked questions
Image Synergy Ekxplor is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 05 July 1995 (31+ years old) and is registered under CIN U22221KA1995PTC018221.
Image Synergy Ekxplor has 4 current directors:
- Sujan Nailady - Managing Director
- Jaishankar Puttaswamy - Whole-Time Director
- Shantha Gopi - Director
- Soumya Sujan - Director
The latest financial statements of Image Synergy Ekxplor 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 2015 are in the company report.
The GSTIN of Image Synergy Ekxplor is 29AAACI3830P1Z7, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAACI3830P2Z6 (Karnataka).
The CIN (Corporate Identification Number) of Image Synergy Ekxplor is U22221KA1995PTC018221. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Image Synergy Ekxplor has 6 court cases on record: 4 filed by the company and 2 filed against it. Most are in the high courts.
Image Synergy Ekxplor was incorporated on 05 July 1995, making it 31+ years old. It is registered with the Registrar of Companies, Bangalore.
Image Synergy Ekxplor has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.33 Cr; the latest was in July 2021.
Dayakar Jayaram Bangara ceased to be Director on 31 Jan 2025. Jaishankar Puttaswamy ceased to be Whole-Time Director on 02 Mar 2020. Sujan Nailady ceased to be Managing Director on 02 Mar 2020. Image Synergy Ekxplor has 8 board changes on record in total.
Yes, Image Synergy Ekxplor is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0015316).

