MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0137302
Syndicate Machines Private Limited - machinery and equipment in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹29.29 Cr
▼ 2% YoY
Net profit · FY 2024
₹61.6 Lakh
Net margin 2.1%
EBITDA · FY 2024
₹1.03 Cr
EBITDA margin 3.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.45 Cr
Secured borrowings
Company age
20 yrs
Est. 2006
Directors on board
2
As per MCA filings
About Syndicate Machines Private Limited
Data last updated:
Syndicate Machines Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 20 March 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28900MH2006PTC160576. Its GSTIN is 27AAJCS8116K1ZX (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Shree Quality Product Finishers Private Limited. It is led by directors Harpreetsingh Daljitsingh Jaggi and Tina Kaur Harpreet Jaggi.
Its last annual general meeting (AGM) was held on 03 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at W381 Ttc Industrial Area MIDC Rabale Behind Pipe Line Off Thane Belapur Road, Navi Mumbai, Maharashtra, India – 400709.
As per the financials filed for FY 2024, the company reported a revenue of ₹29.29 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹61.6 Lakh (net margin 2.1%) and EBITDA of ₹1.03 Cr (EBITDA margin 3.5%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 10% over five years.
The company is associated with 1 brand: Syndicate Machines. As per MCA filings, the company has open charges of ₹1.45 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Syndicate Machines Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0137302). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website syndicatemachines.com.
Company details
CIN U28900MH2006PTC160576
Registration Number 160576
Incorporation Date 20 March 2006
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 03 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-33-0137302
Recognitions & Rankings of Syndicate Machines
Contact details
Syndicate Machines Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is syndicatemachines.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressW381 Ttc Industrial Area MIDC Rabale Behind Pipe Line Off Thane Belapur Road, Navi Mumbai, Maharashtra, India – 400709
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Syndicate Machines Private Limited, buy the company report.
Comprehensive company report
Syndicate Machines 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
Syndicate Machines operates one associated brand: Syndicate Machines. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Dealing in used and new industrial machines is conducted by Syndicate Machines. | syndicatemachines.com |
Business activity
The main business activity of Syndicate Machines is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Syndicate Machines Private Limited, buy the company report.
Financials of Syndicate Machines Private Limited
FY 2025 filings availableSyndicate Machines Private Limited reported revenue of ₹29.29 Cr (down 2% YoY) for FY 2024.
Revenue · FY 2024
₹29.29 Cr ▼ 2%
Net profit · FY 2024
₹61.6 Lakh margin 2.1%
EBITDA · FY 2024
₹1.03 Cr margin 3.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 19%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▲ 14%
3 years · compounded
▼ 12%
5 years · compounded
▲ 42%
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA rose 14% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.03 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹61.6 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.5% | ||||
| Net Profit Margin | 2.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Syndicate Machines Private Limited, buy the company report.
Board of directors of Syndicate Machines Private Limited
Syndicate Machines has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harpreetsingh Daljitsingh Jaggi Also directs: T.J. Infinite LLP, Jeet Machine Tools Limited | Director | 17 Jun 2010 | 16 Years 4 Months | Current |
| Tina Kaur Harpreet Jaggi Also directs: T.J. Infinite LLP | Director | 17 Jun 2010 | 16 Years 4 Months | Current |
Auditor
Syndicate Machines Private Limited is audited by RAJESH SHINDE AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJESH SHINDE AND ASSOCIATES | FY 2023 | 133701W |
Shareholding
The shareholding of Syndicate Machines 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 Syndicate Machines Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.45 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Apr 2021 | 100504118 | Others | ₹1.45 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Syndicate Machines Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Syndicate Machines 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 Syndicate Machines Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Syndicate Machines has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCS8116K1ZX | Maharashtra | Active | 01 Jul 2017 |
| 24AAJCS8116K1Z3 | Gujarat | Active | 17 Jul 2025 |
To see the full GST registrations and return filing status of Syndicate Machines Private Limited, buy the company report.
Recent activity
Syndicate Machines Private Limited has 4 board changes on record since 2010: 2 appointments and 2 cessations. The latest: Komal Suresh Pritmani ceased to be Director on 02 Aug 2010.
AGM
Syndicate Machines Private Limited last Annual general meeting of members was held on 03 Sep 2025 as per latest MCA records.
Filing
Syndicate Machines Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Charges
A charge with Others amounted to Rs. 145.03 Lakh with Charge ID 100504118 was registered on 27 Apr 2021.
Ceased
Komal Suresh Pritmani ceased to be Director.
Ceased
Parmanand Pritmani ceased to be Director.
Appointed
Harpreetsingh Daljitsingh Jaggi was appointed as Director.
Appointed
Tina Kaur Harpreet Jaggi was appointed as Director.
Incorporation
20 Mar 2006
Syndicate Machines Private Limited was registered on 20 Mar 2006 with Roc Mumbai Ii & aged 20 years 7 months as per MCA records.
Frequently asked questions
Syndicate Machines is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 20 March 2006 (20+ years old) and is registered under CIN U28900MH2006PTC160576.
Syndicate Machines has 2 current directors:
- Harpreetsingh Daljitsingh Jaggi - Director
- Tina Kaur Harpreet Jaggi - Director
The latest financial statements of Syndicate Machines on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 03 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Syndicate Machines is 27AAJCS8116K1ZX, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAJCS8116K1Z3 (Gujarat).
The CIN (Corporate Identification Number) of Syndicate Machines is U28900MH2006PTC160576. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Syndicate Machines has 1 court case on record: 1 filed against it.
Syndicate Machines was incorporated on 20 March 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Komal Suresh Pritmani ceased to be Director on 02 Aug 2010. Parmanand Pritmani ceased to be Director on 02 Aug 2010. Harpreetsingh Daljitsingh Jaggi was appointed as Director on 17 Jun 2010. Syndicate Machines has 4 board changes on record in total.
Yes, Syndicate Machines is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0137302).
Syndicate Machines can be reached through the website syndicatemachines.com. Its registered office is in Navi Mumbai, Maharashtra, India.