Syncon Elevators (India) Private Limited - Company Profile

It is a machinery and equipment private limited company based in Mumbai, Maharashtra, India, established in 2008.
2008 Mumbai, Maharashtra, India Active
Last Updated:
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About Syncon Elevators (India) Private Limited

Syncon Elevators (India) Private Limited, a active private limited company, was established on 16 January 2008 in Mumbai, Maharashtra, India. Engaging in industrial machinery retail & distribution within the trade sector, it holds CIN: U29253MH2008PTC215048. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹3.64 M.

It upholds a compliant status. Its leadership includes Vishwanath Vinayak Vaity (Director), Rakesh Kumar (Managing Director), Ashok Ramchandra Khare (Director). Past directors included Xuesong Li, Vishwanath Vinayak Vaity, Rakesh Kumar. It holds ₹1.66 Cr open charges and ₹0.80 M settled loans. Its latest AGM occurred on 20 August 2025, with the balance sheet filed on 31 March 2025. It is based at Plot No. C-222 Ttc Industrial Area Midc Pawane Navi Mum, Bai, Mumbai, Maharashtra, 400705.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U29253MH2008PTC215048

  • Registration Number

    215048

  • Incorporation Date

    16 January 2008

  • Authorized Capital

    ₹2.00 Cr

  • Paid-Up Capital

    ₹3.64 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 3.64 M
  • Company Age 18 Year, 2 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 1.66 Cr
  • Satisfied Charges ₹ 0.80 M
  • Revenue Growth **** 361.07%
  • Profit Growth **** 335.35%
  • Ebitda **** 18.15%
  • Net Worth 43.69%
  • Total Assets -20.22%
Company report

Syncon Elevators (India) Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Syncon Elevators (India) Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Syncon Elevators (India) Private Limited?
Current Directors
Name Designation Appointment Date Status
Vishwanath Vinayak Vaity Director 10 Mar 2018 Current
Rakesh Kumar Managing Director 10 Mar 2018 Current
Ashok Ramchandra Khare Director 16 Jan 2008 Current
Arumugam Krishnakumar Director 01 May 2010 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 09 Sep 2022 Past
Pramod Abcsdd Additional Director 11 Aug 2018 Past
Pramod Abcsdd Director 22 Jul 2020 Past
Pramod Abcsdd Additional Director 08 Sep 2010 Past

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Financial Performance of Syncon Elevators (India).

Syncon Elevators (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 361.07% increase. The company also saw a substantial improvement in profitability, with a 335.35% increase in profit. The company's net worth Soared by an impressive increase of 43.69%.

Syncon Elevators (India) revenue growth over time
Syncon Elevators (India) profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 361.07%
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*******
*******
*******
Revenue from Operations
*******
 354.43%
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*******
*******
*******
Total Assets
*******
 -20.22%
*******
*******
*******
*******
Profit or Loss
*******
 335.35%
*******
*******
*******
*******
Net Worth
*******
 43.69%
*******
*******
*******
*******
EBITDA
*******
 18.15%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Syncon Elevators (India)?

In 2023, Syncon Elevators (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹16,622,000.00

Satisfied Charges

₹800,000.00

Charges Breakdown by Lending Institutions
  • Others : 1.50 Cr
  • Hdfc Bank Limited : 0.16 Cr
Latest Charge Details
Date Lender Amount Status
31 Oct 2024 Others ₹1.50 Cr Open
18 Jan 2023 Hdfc Bank Limited ₹0.39 M Open
18 Jan 2023 Hdfc Bank Limited ₹0.39 M Open
03 Mar 2022 Hdfc Bank Limited ₹0.85 M Open
08 Jun 2015 Kotak Mahindra Prime Limited ₹0.80 M Satisfied

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How Many Employees Work at Syncon Elevators (India)?

Unlock and access historical data on people associated with Syncon Elevators (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Syncon Elevators (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Syncon Elevators (India)'s trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Syncon Elevators (India)
Recent Activity within the Organization
  • Charges

    A charge with Others of Rs. 1.50 Cr registered on 31 Oct 2024 with Charge ID 101006715 was modified on 16 Oct 2025. was recorded as a recent event.

  • Annual General Meeting

    The activity Syncon Elevators (India) Private Limited last Annual general meeting of members was held on 20 Aug 2025 as per latest MCA records. was completed.

  • Balance Sheet

    Syncon Elevators (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was recorded as a recent event.

  • Charges

    Progress on A charge with Others amounted to Rs. 1.50 Cr with Charge ID 101006715 was registered on 31 Oct 2024. was documented.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.04 Cr with Charge ID 100677320 was registered on 18 Jan 2023. was recorded as a recent event.

  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 0.04 Cr with Charge ID 100677318 was registered on 18 Jan 2023. was completed.

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Frequently Asked Questions
What is the CIN of Syncon Elevators (India) Private Limited?

The CIN of Syncon Elevators (India) Private Limited is U29253MH2008PTC215048.

Where is Syncon Elevators (India) Private Limited headquartered?

Syncon Elevators (India) Private Limited is headquartered at Plot No. C-222 Ttc Industrial Area Midc Pawane Navi Mum, Bai, Mumbai, Maharashtra, 400705.

When was Syncon Elevators (India) Private Limited incorporated?

Syncon Elevators (India) Private Limited was incorporated on 16 January 2008.

Who are the current directors of Syncon Elevators (India) Private Limited?

The current directors of Syncon Elevators (India) Private Limited are

What is the primary industry of Syncon Elevators (India) Private Limited?

The primary industry of Syncon Elevators (India) Private Limited is Trade.

Is Syncon Elevators (India) Private Limited a listed company?

Syncon Elevators (India) Private Limited is unlisted.

What is the capital structure of Syncon Elevators (India) Private Limited?

The authorized capital of Syncon Elevators (India) Private Limited is ₹2.00 Cr, and the paid-up capital is ₹3.64 M.

What is the compliance status of Syncon Elevators (India) Private Limited?

The compliance status of Syncon Elevators (India) Private Limited is Compliant.

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