Syncevo Technologies Private Limited

Syncevo Technologies Private Limited - information technology in Ranchi, Jharkhand, India. FY 2026 financials & compliance.
CIN U72900JH2017PTC010408 Incorporated 29 August 2017 ROC Ranchi HQ Ranchi, Jharkhand, India
Active Private Limited Company information technology DPIIT Startup MSME · Micro
Data last updated
Revenue · FY 2024
₹1.22 Cr
▲ 39% YoY
Net profit · FY 2024
₹1.12 Lakh
Net margin 0.9%
EBITDA · FY 2024
₹24.72 Lakh
EBITDA margin 20.3%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹1.74 Lakh
Issued & subscribed
Open charges
₹1 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings

About Syncevo Technologies Private Limited

Data last updated:

Syncevo Technologies Private Limited is a private limited company based in Ranchi, Jharkhand, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 29 August 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Ranchi, under CIN U72900JH2017PTC010408. Its GSTIN is 20AAZCS1454Q1ZO (Jharkhand).

The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1.74 Lakh. It is led by directors including Ayushi Kumari and Rahul Mandal.

Its last annual general meeting (AGM) was held on 29 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 351/A Road No.5 Ashok Nagar, Ranchi, Jharkhand, India – 834002.

As per the financials filed for FY 2024, the company reported a revenue of ₹1.22 Cr, a growth of 39% compared to the previous year. For the same year it recorded a net profit of ₹1.12 Lakh (net margin 0.9%) and EBITDA of ₹24.72 Lakh (EBITDA margin 20.3%). Revenue has grown at a compounded annual rate (CAGR) of 28% over five years.

The company is associated with 1 brand: Syncevo. As per MCA filings, the company has open charges of ₹1 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.

Syncevo Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-JH-20-0017985). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website syncevo.in.

Company details

CIN U72900JH2017PTC010408
Registration Number 010408
Incorporation Date 29 August 2017
ROC Ranchi
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-JH-20-0017985

Recognitions & Rankings of Syncevo Technologies

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-JH-20-0017985

Contact details

Syncevo Technologies Private Limited's registered office is in Ranchi, Jharkhand. Its website is syncevo.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Registered Address
    351/A Road No.5 Ashok Nagar, Ranchi, Jharkhand, India – 834002
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Syncevo Technologies Private Limited, buy the company report.

Comprehensive company report
Syncevo 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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Secure checkout · GST invoice included

Brands

Syncevo Technologies operates one associated brand: SYNCEVO. Each brand links to its own profile.

BrandDescriptionWebsite
Delivers comprehensive broadband internet services to users.syncevo.in

Business activity

The main business activity of Syncevo Technologies is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Syncevo Technologies Private Limited, buy the company report.

Financials of Syncevo Technologies Private Limited

FY 2024 filings available

Syncevo Technologies Private Limited reported revenue of ₹1.22 Cr (up 39% YoY) for FY 2024.

Revenue · FY 2024
₹1.22 Cr ▲ 39%
Net profit · FY 2024
₹1.12 Lakh margin 0.9%
EBITDA · FY 2024
₹24.72 Lakh margin 20.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 39%
5 years · compounded
▲ 28%
EBITDA CAGR growth
1 year
▲ 153%
5 years · compounded
▲ 43%

Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 39% growth in the latest year. EBITDA rose 153% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹24.72 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.12 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin20.3%
Net Profit Margin0.9%
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 Syncevo Technologies Private Limited, buy the company report.

Board of directors of Syncevo Technologies Private Limited

Syncevo Technologies has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ayushi KumariDirector27 Feb 20206 Years 7 MonthsCurrent
Rahul MandalDirector16 Aug 20242 Years 2 MonthsCurrent
Vikram KumarDirector29 Aug 20179 Years 1 MonthsCurrent

Auditor

Syncevo Technologies Private Limited is audited by UMESHPRASAD for the financial year 2023.

Auditor firmFinancial yearFirm registration number
UMESHPRASADFY 2023402156

Shareholding

The shareholding of Syncevo Technologies Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Syncevo Technologies Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1 Cr
Satisfied charges
None
Breakdown by lending institutions
Canara Bank₹1.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 May 2020100337372Canara Bank₹1 CrOpen

To see the full charge records of Syncevo Technologies Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Syncevo Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Syncevo Technologies has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
20AAZCS1454Q1ZOJharkhandActive18 Nov 2017

To see the full GST registrations and return filing status of Syncevo Technologies Private Limited, buy the company report.

Recent activity

Syncevo Technologies Private Limited has 6 board changes on record since 2017: 3 appointments and 3 cessations. The latest: Rahul Mandal ceased to be Additional Director on 28 Sep 2024.

AGM
Syncevo Technologies Private Limited last Annual general meeting of members was held on 29 Sep 2024 as per latest MCA records.
Ceased
Rahul Mandal ceased to be Additional Director.
Appointed
Rahul Mandal was appointed as Director.
Filing
Syncevo Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ranchi.
Charges
A charge with Canara Bank of Rs. 100.00 Lakh registered on 28 May 2020 with Charge ID 100337372 was modified on 07 Dec 2023.
Charges
A charge with Canara Bank amounted to Rs. 100.00 Lakh with Charge ID 100337372 was registered on 28 May 2020.
Ceased
Akashdeep ceased to be Director.
Ceased
Santosh Kumar Gupta ceased to be Director.
Appointed
Ayushi Kumari was appointed as Director.
Appointed
Vikram Kumar was appointed as Director.
Incorporation
29 Aug 2017
Syncevo Technologies Private Limited was registered on 29 Aug 2017 with Roc Ranchi & aged 9 years 1 month as per MCA records.

Frequently asked questions

Syncevo Technologies is an active private limited company based in Ranchi, Jharkhand, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 29 August 2017 (9+ years old) and is registered under CIN U72900JH2017PTC010408.

Syncevo Technologies has 3 current directors:

The latest financial statements of Syncevo Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 29 September 2024. Year-wise statements from FY 2018 are in the company report.

The GSTIN of Syncevo Technologies is 20AAZCS1454Q1ZO, registered in Jharkhand.

The CIN (Corporate Identification Number) of Syncevo Technologies is U72900JH2017PTC010408. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Syncevo Technologies has 1 court case on record: 1 filed against it. 1 is pending.

Syncevo Technologies was incorporated on 29 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ranchi.

Rahul Mandal ceased to be Additional Director on 28 Sep 2024. Rahul Mandal was appointed as Director on 16 Aug 2024. Akashdeep ceased to be Director on 28 Feb 2020. Syncevo Technologies has 6 board changes on record in total.

Yes, Syncevo Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Syncevo Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-JH-20-0017985).