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Symgrow Technologies Private Limited - electrnoics in Hubli, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹15.25 Lakh
▼ 40% YoY
Net loss · FY 2022
₹6.99 Lakh
Net margin -45.9%
EBITDA · FY 2022
-₹5.26 Lakh
EBITDA margin -34.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10,000
Issued & subscribed
Open charges
₹15 Lakh
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
About Symgrow Technologies Private Limited
Data last updated:
Symgrow Technologies Private Limited is a private limited company based in Hubli, Karnataka, India, recognised as a startup by DPIIT. It operates in the electrical equipment manufacturing segment of the electronics sector. It was incorporated on 15 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31909KA2019PTC124341. Its GSTIN is 29ABCCS0636C1ZM (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10,000. It is led by directors Vikas Anand Jamkhandi and Renuka Jamkhandi.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Sandbox Startups Next To International Airport Gokul Road Opp To Gokul Village, Hubli, Karnataka, India – 580030.
As per the financials filed for FY 2022, the company reported a revenue of ₹15.25 Lakh, a decline of 40% compared to the previous year. For the same year it recorded a net loss of ₹6.99 Lakh (net margin -45.9%) and EBITDA of -₹5.26 Lakh (EBITDA margin -34.5%).
The company is associated with 1 brand: SymGrow Technologies. As per MCA filings, the company has open charges of ₹15 Lakh on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Symgrow Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-13-0011130). For more details, the company can be reached via its website symgrow.com.
Company details
CIN U31909KA2019PTC124341
Registration Number 124341
Incorporation Date 15 May 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-13-0011130
Recognitions & Rankings of Symgrow Technologies
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-KR-13-0011130
Contact details
Symgrow Technologies Private Limited's registered office is in Hubli, Karnataka. Its website is symgrow.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressSandbox Startups Next To International Airport Gokul Road Opp To Gokul Village, Hubli, Karnataka, India – 580030
- IndustryElectrnoics, Electrical Equipment, Manufacturing
To see the full contact details of Symgrow Technologies Private Limited, buy the company report.
Comprehensive company report
Symgrow Technologies 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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Brands
Symgrow Technologies operates one associated brand: SymGrow Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Heavy electrical equipment is manufactured by SymGrow Technologies in India. | symgrow.com |
Business activity
The main business activity of Symgrow Technologies is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Symgrow Technologies Private Limited, buy the company report.
Financials of Symgrow Technologies Private Limited
FY 2022 filings availableSymgrow Technologies Private Limited reported revenue of ₹15.25 Lakh (down 40% YoY) for FY 2022.
Revenue · FY 2022
₹15.25 Lakh ▼ 40%
Net loss · FY 2022
₹6.99 Lakh margin -45.9%
EBITDA · FY 2022
-₹5.26 Lakh margin -34.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 40%
EBITDA CAGR growth
1 year
▼ 6%
Revenue fell 40% in the latest year. EBITDA fell 6% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹15.25 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹5.26 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹6.99 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 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -34.5% | ||
| Net Profit Margin | -45.9% | ||
| 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 Symgrow Technologies Private Limited, buy the company report.
Board of directors of Symgrow Technologies Private Limited
Symgrow Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikas Anand Jamkhandi | Director | 15 May 2019 | 7 Years 5 Months | Current |
| Renuka Jamkhandi | Director | 12 Mar 2020 | 6 Years 7 Months | Current |
Charges & borrowings
Open charges
₹15 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Apr 2021 | 100457932 | Others | ₹5 Lakh | Open | |
| 02 Jun 2020 | 100348360 | Canara Bank | ₹10 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Symgrow Technologies Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, DHARWAD, Karnataka | Court case (COM.O.S.) | Filed against the company by Canara Bank R by K.Sowjanya | Pending |
To see the full case history of Symgrow Technologies 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 Symgrow Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Symgrow Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABCCS0636C1ZM | Karnataka | Active | 29 Sep 2019 |
To see the full GST registrations and return filing status of Symgrow Technologies Private Limited, buy the company report.
Recent activity
Symgrow Technologies Private Limited has 4 board changes on record since 2019: 3 appointments and 1 cessation. The latest: Anand ceased to be Director on 13 Mar 2020.
AGM
Symgrow Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Symgrow Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 5.00 Lakh with Charge ID 100457932 was registered on 23 Apr 2021.
Charges
A charge with Canara Bank amounted to Rs. 10.00 Lakh with Charge ID 100348360 was registered on 02 Jun 2020.
Ceased
Anand ceased to be Director.
Appointed
Renuka Jamkhandi was appointed as Director.
Appointed
Anand was appointed as Director.
Appointed
Vikas Anand Jamkhandi was appointed as Director.
Incorporation
15 May 2019
Symgrow Technologies Private Limited was registered on 15 May 2019 with Roc Bangalore & aged 7 years 5 months as per MCA records.
Frequently asked questions
Symgrow Technologies is an active private limited company based in Hubli, Karnataka, India. The company works in electrical equipment, within the electronics industry. It was incorporated on 15 May 2019 (7+ years old) and is registered under CIN U31909KA2019PTC124341.
Symgrow Technologies has 2 current directors:
- Vikas Anand Jamkhandi - Director
- Renuka Jamkhandi - Director
The latest financial statements of Symgrow Technologies on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Symgrow Technologies is 29ABCCS0636C1ZM, registered in Karnataka.
The CIN (Corporate Identification Number) of Symgrow Technologies is U31909KA2019PTC124341. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Symgrow Technologies has 1 court case on record: 1 filed against it. 1 is pending.
Symgrow Technologies was incorporated on 15 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Anand ceased to be Director on 13 Mar 2020. Renuka Jamkhandi was appointed as Director on 12 Mar 2020. Anand was appointed as Director on 15 May 2019. Symgrow Technologies has 4 board changes on record in total.
Yes, Symgrow Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Symgrow Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-13-0011130).