MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0048315
Synchron Research Services Private Limited - pharma in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹7.35 Lakh
▼ 99% YoY
Net loss · FY 2023
₹3.44 Cr
Latest filing
EBITDA · FY 2023
-₹3.11 Cr
Latest filing
Authorised capital
₹75 Lakh
Registered with MCA
Paid-up capital
₹64.89 Lakh
Issued & subscribed
Open charges
₹3.37 Cr
Satisfied ₹5.58 Cr
Company age
28 yrs
Est. 1998
Employees · EPFO
3
Provident fund records
About Synchron Research Services Private Limited
Data last updated:
Synchron Research Services Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the pharma contract r and d segment of the pharmaceuticals sector. It was incorporated on 26 May 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U85110GJ1998PTC034181. Its GSTIN is 24AADCS9873P1ZH (Gujarat).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹64.89 Lakh. It was formerly known as Parexel International Synchron Private Limited. It is led by directors Shivprakash Chinnappa and Urvashi Shivprakash Rathnam.
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 Synchronhouse B/Hmondealpark Neargurudwara S.G.Highway, Ahmedabad, Gujarat, India – 380059.
As per the financials filed for FY 2023, the company reported a revenue of ₹7.35 Lakh, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹3.44 Cr and EBITDA of -₹3.11 Cr. Revenue has declined at a compounded annual rate (CAGR) of 86% over three years and 69% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Synchron Research services. As per MCA filings, the company has open charges of ₹3.37 Cr and satisfied charges of ₹5.58 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
Synchron Research Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0048315). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website synchronresearch.com.
Company details
CIN U85110GJ1998PTC034181
Registration Number 034181
Incorporation Date 26 May 1998
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0048315
Recognitions & Rankings of Synchron Research Services
Contact details
Synchron Research Services Private Limited's registered office is in Ahmedabad, Gujarat. Its website is synchronresearch.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSynchronhouse B/Hmondealpark Neargurudwara S.G.Highway, Ahmedabad, Gujarat, India – 380059
- IndustryPharma, Pharma Contract R&D
To see the full contact details of Synchron Research Services Private Limited, buy the company report.
Comprehensive company report
Synchron Research Services 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Synchron Research Services operates one associated brand: Synchron Research services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Specializes as a Contract Research Organization in data management and biostatistics. | synchronresearch.com |
Financials of Synchron Research Services Private Limited
FY 2024 filings availableSynchron Research Services Private Limited reported revenue of ₹7.35 Lakh (down 99% YoY) for FY 2023.
Revenue · FY 2023
₹7.35 Lakh ▼ 99%
Net loss · FY 2023
₹3.44 Cr
EBITDA · FY 2023
-₹3.11 Cr
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 99%
3 years · compounded
▼ 86%
5 years · compounded
▼ 69%
Revenue has declined at a compounded annual rate (CAGR) of 69% over five years, including a 99% fall 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹7.35 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹3.11 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.44 Cr | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Synchron Research Services Private Limited, buy the company report.
Board of directors of Synchron Research Services Private Limited
Synchron Research Services has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shivprakash Chinnappa Also directs: Apiqule Pharmachem LLP, Effistry Welness & Beauty Private Limited, Avance Phytotherapies Private Limited and 2 more | Director | 26 May 1998 | 28 Years 4 Months | Current |
| Urvashi Shivprakash Rathnam | Director | 07 Sep 1998 | 28 Years 1 Months | Current |
Auditor
Synchron Research Services Private Limited is audited by J N Ajmera & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J N Ajmera & Associates | FY 2023 | 157808W |
Shareholding
The shareholding of Synchron Research Services 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 Synchron Research Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.37 Cr
Satisfied charges
₹5.58 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Apr 2003 | 80057040 | Corporation Bank | ₹3.37 Cr | Open | |
| 16 Apr 2021 | 100441616 | Others | ₹3.3 Cr | Satisfied | |
| 25 Nov 2014 | 10565475 | Corporation Bank | ₹6.44 Lakh | Satisfied | |
| 02 Apr 2003 | 80057041 | Others | ₹2.21 Cr | Satisfied |
To see the full charge records of Synchron Research Services Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Synchron Research Services Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Total cases
2
Filed against the company
2
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by M/S Mokshy Surgicals Through Their Authorized Partner Mr Ankit Heerachand Ranawat | Pending |
| High Court, GUJARAT | Appeal | Filed against the company by Jubilant Pharmaceuticals NV. Previously Psi N.V. Through Mr. Sanjay Gupta | Disposed |
To see the full case history of Synchron Research Services 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 Synchron Research Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Synchron Research Services Private Limited has a workforce of 3 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
Employee count
3
Active EPFO establishments
1
Employee growth
-25%
GST
Synchron Research Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCS9873P1ZH | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Synchron Research Services Private Limited, buy the company report.
Recent activity
Synchron Research Services Private Limited has 7 board changes on record since 1998: 2 appointments and 5 cessations. The latest: Michael Francis Crowley Iii ceased to be Director on 27 Sep 2021.
AGM
Synchron Research Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Synchron Research Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge registered on 16 Apr 2021 via Charge ID 100441616 with Others was fully satisfied on 19 Sep 2022.
Ceased
Michael Francis Crowley Iii ceased to be Director.
Charges
A charge with Others amounted to Rs. 330.00 Lakh with Charge ID 100441616 was registered on 16 Apr 2021.
Charges
A charge registered on 02 Apr 2003 via Charge ID 80057041 with Others was fully satisfied on 16 Apr 2021.
Charges
A charge with Others of Rs. 221.41 Lakh registered on 02 Apr 2003 with Charge ID 80057041 was modified on 13 Dec 2019.
Ceased
Dilip Janardan Kunkolienkar ceased to be Director.
Ceased
Josef Hieronymus Von Rickenbach ceased to be Director.
Charges
A charge registered on 25 Nov 2014 via Charge ID 10565475 with Corporation Bank was fully satisfied on 21 Nov 2017.
Charges
A charge with Corporation Bank amounted to Rs. 6.44 Lakh with Charge ID 10565475 was registered on 25 Nov 2014.
Ceased
Chillale Govindaraj ceased to be Director.
6 earlier events are in the company report.
Frequently asked questions
Synchron Research Services is an active private limited company based in Ahmedabad, Gujarat, India. The company works in pharma contract r and d, within the pharma industry. It was incorporated on 26 May 1998 (28+ years old) and is registered under CIN U85110GJ1998PTC034181.
Synchron Research Services has 2 current directors:
- Shivprakash Chinnappa - Director
- Urvashi Shivprakash Rathnam - Director
The latest financial statements of Synchron Research Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Synchron Research Services is 24AADCS9873P1ZH, registered in Gujarat.
The CIN (Corporate Identification Number) of Synchron Research Services is U85110GJ1998PTC034181. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Synchron Research Services has 2 court cases on record: 2 filed against it. 1 is pending. Most are in the district courts.
Synchron Research Services was incorporated on 26 May 1998, making it 28+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Michael Francis Crowley Iii ceased to be Director on 27 Sep 2021. Dilip Janardan Kunkolienkar ceased to be Director on 13 Dec 2019. Josef Hieronymus Von Rickenbach ceased to be Director on 08 Feb 2019. Synchron Research Services has 7 board changes on record in total.
Yes, Synchron Research Services is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0048315).
Synchron Research Services can be reached through the website synchronresearch.com. Its registered office is in Ahmedabad, Gujarat, India.