Micro Synthetics Private Limited
About Micro Synthetics Private Limited
Data last updated:
Micro Synthetics Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 21 July 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17303MH1989PTC052720. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Rajendra Milapchand Jain and Vishal Ashokkumar Ranka.
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 Plot No 5 – 23 MIDC Ind. Area Tarapore Boisar, Thane, Maharashtra, India.
As per the financials filed for FY 2022, the company reported a revenue of ₹2.52 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹58.96 Lakh (net margin 23.4%) and EBITDA of -₹32.04 Lakh (EBITDA margin -12.7%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years and 13% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹25 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Micro Synthetics Private Limited's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No 5 – 23 MIDC Ind. Area Tarapore Boisar, Thane, Maharashtra, India
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Micro Synthetics 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
Financials of Micro Synthetics Private Limited
FY 2024 filings availableMicro Synthetics Private Limited reported revenue of ₹2.52 Cr (down 9% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 9% fall 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.52 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹32.04 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹58.96 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -12.7% | ||||
| Net Profit Margin | 23.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Micro Synthetics Private Limited, buy the company report.
Board of directors of Micro Synthetics Private Limited
Micro Synthetics has 8 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajendra Milapchand Jain | Director | 12 Jan 2007 | 19 Years 9 Months | Current |
| Minal Ronak Jain | Additional Director | 20 Mar 2015 | 11 Years 7 Months | Current |
| Ranjan Rajendrakumar Jain | Additional Director | 25 Mar 2015 | 11 Years 7 Months | Current |
| Shakuntala Ashok Ranka | Additional Director | 20 Mar 2015 | 11 Years 7 Months | Current |
| Vishal Ashokkumar Ranka | Director | 22 Apr 1999 | 27 Years 6 Months | Current |
| Monica Vishal Ranka | Additional Director | 20 Mar 2015 | 11 Years 7 Months | Current |
Auditor
Micro Synthetics Private Limited is audited by V J SHAH & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V J SHAH & CO | FY 2022 | 109823W |
Shareholding
The shareholding of Micro Synthetics Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Micro Synthetics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Sep 1990 | 90367053 | Canara Bank | ₹25 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Micro Synthetics Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Micro Synthetics 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 |
|---|---|---|---|
| Variant Textiles LLP |
To see the full MSME payment records of Micro Synthetics Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Micro Synthetics Private Limited has a workforce of 1 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Micro Synthetics has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Micro Synthetics Private Limited, buy the company report.
Recent activity
Micro Synthetics Private Limited has 9 board changes on record since 1999: 8 appointments and 1 cessation. The latest: Milapchand Juharmal Ranka was appointed as Additional Director on 25 Mar 2015.
1 earlier event is in the company report.
Frequently asked questions
Micro Synthetics is an active private limited company based in Thane, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 21 July 1989 (37+ years old) and is registered under CIN U17303MH1989PTC052720.
Micro Synthetics has 8 current directors:
- Rajendra Milapchand Jain - Director
- Minal Ronak Jain - Additional Director
- Ranjan Rajendrakumar Jain - Additional Director
- Shakuntala Ashok Ranka - Additional Director
- Vishal Ashokkumar Ranka - Director
- Monica Vishal Ranka - Additional Director
- Milapchand Juharmal Ranka - Additional Director
- Ronak Rajendra Jain - Additional Director
The latest financial statements of Micro Synthetics 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.
No. Micro Synthetics has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Micro Synthetics is U17303MH1989PTC052720. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Micro Synthetics was incorporated on 21 July 1989, making it 37+ years old. It is registered with the Registrar of Companies, Mumbai.
Milapchand Juharmal Ranka was appointed as Additional Director on 25 Mar 2015. Ranjan Rajendrakumar Jain was appointed as Additional Director on 25 Mar 2015. Ronak Rajendra Jain was appointed as Additional Director on 25 Mar 2015. Micro Synthetics has 9 board changes on record in total.
Micro Synthetics 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 latest return was filed on 11 Jun 2019.
The registered office of Micro Synthetics is at Plot No 5 – 23 MIDC Ind. Area Tarapore Boisar, Thane, Maharashtra, India.
Micro Synthetics operates in the home and lifestyle industry, in the textile retail and distribution segment.
Micro Synthetics has open charges of ₹25 Lakh and no satisfied charges on record as per latest MCA filings.