About Synapse Labs Private Limited
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Synapse Labs Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 22 January 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U24233PN2007PTC129504. Its GSTIN is 27AAKCS5915P1ZL (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹40.18 Lakh. It is led by directors including Rachana Sitaram Lande and Vishal Ashok Dhawan.
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 S. No. 21/5 Majestic Plaza Near Nyati Empire By – Pass Kharadi, Pune, Maharashtra, India – 411014.
As per the financials filed for FY 2024, the company reported a revenue of ₹20.63 Cr, a decline of 61% compared to the previous year. For the same year it recorded a net loss of ₹3.96 Cr (net margin -19.2%) and EBITDA of ₹33.03 Lakh (EBITDA margin 1.6%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 2% over five years.
The company has about 175 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Synapse Labs. As per MCA filings, the company has open charges of ₹42 Lakh and satisfied charges of ₹29.32 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website synapselabs.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressS. No. 21/5 Majestic Plaza Near Nyati Empire By – Pass Kharadi, Pune, Maharashtra, India – 411014
- IndustryPharma, Pharmaceutical Retailers & Distributors, Pharma Contract R&D
- 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
Associated Brands with Synapse Labs Private Limited
Synapse Labs operates one associated brand: Synapse Labs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers bioequivalence, clinical trials, pharmacovigilance, and regulatory services to biotech firms. | synapselabs.com |
Competitors & Alternatives of Synapse Labs Private Limited
Brands and companies operating in the same space as Synapse Labs Private Limited include Emmes, Syneos Health, ClinChoice and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Emmes | Outsourced contract research organization services are provided to clients. | United States | 1977 |
 Syneos Health | CRO clinical development services are provided by Syneos Health. | Raleigh, United States | 1984 |
 ClinChoice | CRO focused on data management, regulatory affairs and consulting services | Fort Washington, United States | 1995 |
 Veristat | Clinical trials and regulatory submissions are supported as a CRO. | Southborough, United States | 1994 |
 Parexel | Full-service clinical research organization services are provided globally by Parexel. | Waltham, United States | 1983 |
 hVIVO | Provider of cell based assays, field trial, and molecular services for biopharma sector | London, United Kingdom | 1998 |
 Medelis WCCT Global | Full-service CRO expertise in influenza and oncology research is offered. | Cypress, United States | 1998 |
 Celgene | Therapies for cancer and inflammatory diseases are developed. | Summit, United States | 1986 |
Business Activity of Synapse Labs Private Limited
The main business activity of Synapse Labs is professional, scientific and technical. In detail, this covers scientific research and development.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M5 | Scientific research and development | 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.
Auditor Details of Synapse Labs Private Limited
Synapse Labs Private Limited is audited by Naresh Duseja & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Naresh Duseja & Co. | 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 Synapse Labs Private Limited
Synapse Labs has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rachana Sitaram Lande | Director | 27 Dec 2023 | 2 Years 9 Months | Current |
| Vishal Ashok Dhawan | Director | 26 Nov 2014 | 11 Years 10 Months | Current |
| Satish Shankar Bhide Also directs: Nityundan Ventures LLP, Nityundan Infraventures LLP, Fidelity Life Sciences Private Limited and 3 more | Additional Director | 26 Nov 2014 | 11 Years 10 Months | Current |
Financials of Synapse Labs Private Limited FY 2024 filings available
Synapse Labs Private Limited reported revenue of ₹20.63 Cr (down 61% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Synapse Labs Private Limited
Revenue fell 61% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 94% 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 Synapse Labs Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹33.03 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.96 Cr | •••• | •••• | •••• | •••• |
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| Share Capital | •••• | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Synapse Labs Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -19.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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| 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 Synapse Labs 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.
Ownership and Shareholding of Synapse Labs 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 Synapse Labs Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Sep 2022 | Others | ₹42 Lakh | Open |
| 15 Dec 2022 | Axis Bank Limited | ₹3.5 Cr | Satisfied |
| 08 Jun 2021 | Axis Bank Limited | ₹1.5 Cr | Satisfied |
| 27 May 2021 | Axis Bank Limited | ₹6.5 Cr | Satisfied |
| 18 Mar 2020 | Others | ₹1.52 Cr | Satisfied |
Total charge records: 11 View all charges
Employees and EPFO Compliance at Synapse Labs Private Limited
Synapse Labs Private Limited has a workforce of 175 employees as of Apr 01, 2024.
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.
GST Compliance of Synapse Labs Private Limited
Synapse Labs has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCS5915P1ZL | 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.
Credit Ratings, Litigation & Regulatory Alerts for Synapse Labs 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 Synapse Labs 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 Synapse Labs 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.
MCA Filings & Documents of Synapse Labs 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.
Recent Activity on Synapse Labs Private Limited
Recent News on Synapse Labs Private Limited
Frequently Asked Questions about Synapse Labs Private Limited
Synapse Labs is an active private limited company based in Pune, Maharashtra, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 22 January 2007 (19+ years old) and is registered under CIN U24233PN2007PTC129504.
Synapse Labs reported revenue of ₹20.63 Cr for FY 2024 (down 61% YoY).
Synapse Labs has 3 current directors:
- Rachana Sitaram Lande - Director
- Vishal Ashok Dhawan - Director
- Satish Shankar Bhide - Additional Director
Synapse Labs reported a net loss of ₹3.96 Cr (net margin -19.2%) and EBITDA of ₹33.03 Lakh (EBITDA margin 1.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Synapse Labs is -22% over three years and 2% over five years. In the latest year (FY 2024) revenue fell 61%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Synapse Labs is 27AAKCS5915P1ZL, registered in Maharashtra.
The CIN (Corporate Identification Number) of Synapse Labs is U24233PN2007PTC129504. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Synapse Labs was incorporated on 22 January 2007, making it 19+ years old. It is registered with the Registrar of Companies, Pune.
Synapse Labs can be reached through the website synapselabs.com. Its registered office is in Pune, Maharashtra, India.