MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-08-0044873
Sy Associates Private Limited - real estate and construction in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹8.83 Cr
▲ 50% YoY
Net profit · FY 2024
₹46.08 Lakh
Net margin 5.2%
EBITDA · FY 2024
₹65.46 Lakh
EBITDA margin 7.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹5.55 Cr
Secured borrowings
Company age
12 yrs
Est. 2014
Employees · EPFO
39
Provident fund records
About Sy Associates Private Limited
Data last updated:
Sy Associates Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 28 August 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45400DL2014PTC270967. Its GSTIN is 07AAUCS8811J1ZO (Delhi).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Swapan Chakravorty and Saurav Chakravorty.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at E – 796 Chittranjan Park, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.83 Cr, a growth of 50% compared to the previous year. For the same year it recorded a net profit of ₹46.08 Lakh (net margin 5.2%) and EBITDA of ₹65.46 Lakh (EBITDA margin 7.4%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 13% over five years.
The company has about 39 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5.55 Cr on record. Court records list 7 cases involving the company, including 6 filed by the company and 1 filed against it; 2 cases are pending.
Sy Associates Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-08-0044873). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website syassociates.co.in.
Company details
CIN U45400DL2014PTC270967
Registration Number 270967
Incorporation Date 28 August 2014
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-DL-08-0044873
Recognitions & Rankings of Sy Associates
Contact details
Sy Associates Private Limited's registered office is in New Delhi, Delhi. Its website is syassociates.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressE – 796 Chittranjan Park, New Delhi, Delhi, India – 110019
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Sy Associates Private Limited, buy the company report.
Comprehensive company report
Sy Associates Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Sy Associates is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Sy Associates Private Limited, buy the company report.
Financials of Sy Associates Private Limited
FY 2025 filings availableSy Associates Private Limited reported revenue of ₹8.83 Cr (up 50% YoY) for FY 2024.
Revenue · FY 2024
₹8.83 Cr ▲ 50%
Net profit · FY 2024
₹46.08 Lakh margin 5.2%
EBITDA · FY 2024
₹65.46 Lakh margin 7.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 50%
3 years · compounded
▲ 10%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▲ 91%
3 years · compounded
▲ 24%
5 years · compounded
▲ 16%
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 50% growth in the latest year. EBITDA rose 91% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Other Income | |||||
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| Cost of Materials Consumed | |||||
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| Finance Costs | |||||
| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹65.46 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹46.08 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.4% | ||||
| Net Profit Margin | 5.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
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To see the full financial statements and ratios of Sy Associates Private Limited, buy the company report.
Board of directors of Sy Associates Private Limited
Sy Associates has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Swapan Chakravorty | Director | 28 Aug 2014 | 12 Years 2 Months | Current |
| Saurav Chakravorty | Director | 28 Aug 2014 | 12 Years 2 Months | Current |
| Amita Chakravorty | Director | 28 Aug 2014 | 12 Years 2 Months | Current |
Auditor
Sy Associates Private Limited is audited by Karan Malhotra and Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Karan Malhotra and Associates | FY 2023 | 025503N |
Shareholding
The shareholding of Sy Associates 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 Sy Associates Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5.55 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Sep 2025 | 101172747 | Axis Bank Limited | ₹4.25 Cr | Open | |
| 13 Feb 2024 | 100893111 | Hdfc Bank Limited | ₹90 Lakh | Open | |
| 30 Jul 2020 | 100486480 | Axis Bank Limited | ₹39.6 Lakh | Open |
Total charge records: 3 View all charges
Legal cases
Sy Associates Private Limited has 7 court cases on record: 6 filed by Sy Associates, 1 filed against it. 2 cases are pending and 5 are disposed.
Total cases
7
Filed by the company
6
Filed against the company
1
Pending
2
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 1 | 0 |
| Supreme Court | 2 | 0 | 2 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case | Filed by the company against an individual | Pending |
| Supreme Court | Court case | Filed by the company against an individual | Pending |
| High Court of Delhi | Writ petition | Filed by the company against an individual | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Commissioner of Central Tax CGST Delhi East | Disposed |
| High Court of Delhi | Court case (EX.P.) | Filed against the company by an individual | Disposed |
To see the full case history of Sy Associates 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sy Associates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sy Associates has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAUCS8811J1ZO | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sy Associates Private Limited, buy the company report.
Recent activity
Sy Associates Private Limited has 3 board changes on record since 2014: 3 appointments. The latest: Amita Chakravorty was appointed as Director on 28 Aug 2014.
AGM
Sy Associates Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Axis Bank Limited amounted to Rs. 425.00 Lakh with Charge ID 101172747 was registered on 25 Sep 2025.
Filing
Sy Associates Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi I.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 90.00 Lakh with Charge ID 100893111 was registered on 13 Feb 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 39.60 Lakh with Charge ID 100486480 was registered on 30 Jul 2020.
Appointed
Amita Chakravorty was appointed as Director.
Appointed
Saurav Chakravorty was appointed as Director.
Appointed
Swapan Chakravorty was appointed as Director.
Incorporation
28 Aug 2014
Sy Associates Private Limited was registered on 28 Aug 2014 with Roc Delhi I & aged 12 years 2 months as per MCA records.
Frequently asked questions
Sy Associates is an active private limited company based in New Delhi, Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 28 August 2014 (12+ years old) and is registered under CIN U45400DL2014PTC270967.
Sy Associates has 3 current directors:
- Swapan Chakravorty - Director
- Saurav Chakravorty - Director
- Amita Chakravorty - Director
The latest financial statements of Sy Associates on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sy Associates is 07AAUCS8811J1ZO, registered in Delhi.
The CIN (Corporate Identification Number) of Sy Associates is U45400DL2014PTC270967. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sy Associates has 7 court cases on record: 6 filed by the company and 1 filed against it. 2 are pending. Most are in the high courts.
Sy Associates was incorporated on 28 August 2014, making it 12+ years old. It is registered with the Registrar of Companies, Delhi.
Amita Chakravorty was appointed as Director on 28 Aug 2014. Saurav Chakravorty was appointed as Director on 28 Aug 2014. Swapan Chakravorty was appointed as Director on 28 Aug 2014.
Yes, Sy Associates is registered as a small enterprise under Udyam registration (number: UDYAM-DL-08-0044873).
Sy Associates can be reached through the website syassociates.co.in. Its registered office is in New Delhi, Delhi, India.
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