About Synage Software Private Limited
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Synage Software Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 01 March 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2005PTC151678. Its GSTIN is 27AAICS7934C1Z7 (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹21 Lakh. It is led by directors Sitanshi Sahil Parikh and Sahil Parag Parikh.
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 301 3rd Floor Veena Chambers 21 Dalal Street Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹62.97 Lakh, a decline of 33% compared to the previous year. For the same year it recorded a net profit of ₹67,867 (net margin 1.1%) and EBITDA of ₹10.36 Lakh (EBITDA margin 16.5%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 8% over five years.
The company is associated with 2 brands: DeskAway and Brightpod. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹20 Lakh; the latest was in September 2015. Its 10 peer companies in the Information Technology industry (SaaS Providers, Software Services) are compared by revenue, 5 larger and 5 smaller; the largest is Ibtrack Solutions Private Limited.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website synage.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address301 3rd Floor Veena Chambers 21 Dalal Street Fort, Mumbai, Maharashtra, India – 400001
- IndustryInformation Technology, Software Development & Support Services, SaaS (Software as a Service) Providers
- 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
- One PDF report, delivered after checkout
Business Activity of Synage Software Private Limited
The main business activity of Synage Software is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Synage Software Private Limited FY 2025 filings available
Synage Software Private Limited reported revenue of ₹62.97 Lakh (down 33% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Synage Software Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 33% fall in the latest year. EBITDA fell 38% 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 of Synage Software Private Limited
| 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 | ₹10.36 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹67,867 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Synage Software Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Synage Software are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Synage Software Private Limited
Synage Software Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (SaaS Providers, Software Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ibtrack Solutions Private Limited | •••• | •••• | •••• | •••• | - | Bangalore South, Karnataka, India |
| Neurofin AI Technologies Private Limited | •••• | •••• | •••• | •••• | - | Bangalore South, Karnataka, India |
| Exza Software Services Private Limited | •••• | •••• | •••• | •••• | - | Thengode Po, Kerala, India |
| Skandashasu Business Process Services Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| TVSM Communication Private Limited | •••• | •••• | •••• | •••• | - | Thiruverkadu, Chennai, Tamil Nadu, India |
| Synage Software Private Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Obpoo Solutions Private Limited | •••• | •••• | •••• | •••• | - | Bhubaneswar, Orissa, India |
| Credflow Tecnosoft Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Ideal Invent Technologies Private Limited | •••• | •••• | •••• | •••• | - | Iii Block, Bangalore, Karnataka, India |
| Athira Technologies Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| V.S.K. Software Services Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Synage Software by revenue in the Information Technology industry (SaaS Providers, Software Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Synage Software Private Limited
Synage Software Private Limited is audited by C V K & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| C V K & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Synage Software Private Limited
Synage Software has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sitanshi Sahil Parikh Also directs: Vitrag Biofabs Private Limited | Director | 01 Mar 2005 | 21 Years 7 Months | Current |
| Sahil Parag Parikh | Director | 01 Mar 2005 | 21 Years 7 Months | Current |
Ownership and Shareholding of Synage Software Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Synage Software Private Limited
Synage Software Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Synage Software Private Limited
Synage Software Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹20 Lakh; the latest was in September 2015.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Jun 2009 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Feb 2007 | Funding round | ₹20 Lakh | Investors: an individual |
Full deal history
All 3 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Synage Software Private Limited
Synage Software operates two associated brands: DeskAway and Brightpod. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Web-based software for team project organization, management, and task tracking. | deskaway.com | |
| Provides web-based software for project management and time tracking. | brightpod.com |
Employees and EPFO Compliance at Synage Software Private Limited
Employment history and EPFO contributions of people linked to Synage Software.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Synage Software Private Limited
Synage Software Private Limited has 2 board changes on record since 2005: 2 appointments. The latest: Sahil Parag Parikh was appointed as Director on 01 Mar 2005.
Credit Ratings, Litigation & Regulatory Alerts for Synage Software Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Synage Software Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Synage Software Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Synage Software Private Limited
Synage Software has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICS7934C1Z7 | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Synage Software Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Synage Software Private Limited
Synage Software is an active private limited company based in Mumbai, Maharashtra, India. The company works in software development and support services, within the information technology industry. It was incorporated on 01 March 2005 (21+ years old) and is registered under CIN U72200MH2005PTC151678.
Synage Software reported revenue of ₹62.97 Lakh for FY 2025 (down 33% YoY).
Synage Software has 2 current directors:
- Sitanshi Sahil Parikh - Director
- Sahil Parag Parikh - Director
Synage Software reported a net profit of ₹67,867 (net margin 1.1%) and EBITDA of ₹10.36 Lakh (EBITDA margin 16.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Synage Software is -6% over three years and -8% over five years. In the latest year (FY 2025) revenue fell 33%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Synage Software is 27AAICS7934C1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Synage Software is U72200MH2005PTC151678. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Synage Software was incorporated on 01 March 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Synage Software has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹20 Lakh; the latest was in September 2015.
The peers of Synage Software by revenue are Ibtrack Solutions Private Limited, Neurofin AI Technologies Private Limited, Exza Software Services Private Limited, Skandashasu Business Process Services Private Limited, TVSM Communication Private Limited and 5 more, all in the Information Technology industry (SaaS Providers, Software Services).
Sahil Parag Parikh was appointed as Director on 01 Mar 2005. Sitanshi Sahil Parikh was appointed as Director on 01 Mar 2005.