India's Richest People 2026 edition · 1 director · Source: Hurun India
- #478 Tanveer Saulat ₹7,300 Cr
Revenue · FY 2025
₹3,360.94 Cr
▲ 6% YoY
Net profit · FY 2025
₹259.65 Cr
Net margin 7.7%
EBITDA · FY 2025
₹513.39 Cr
EBITDA margin 15.3%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹98.92 Lakh
Issued & subscribed
Satisfied charges
₹237.98 Cr
No open charges
Company age
25 yrs
Est. 2001
Employees · EPFO
8,638
Provident fund records
About Synechron Technologies Private Limited
Data last updated:
Synechron Technologies Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 04 April 2001 and has been in existence for over 25 years.
Its director Tanveer Saulat is #478 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72200PN2001PTC016029. Its GSTIN is 27AAICS2894R1ZB (Maharashtra). The company holds 8 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹98.92 Lakh. It was formerly known as Fusion Technologies (I) P Ltd. It is led by directors Syed Faisal Husain and Tanveer Jehangir Saulat.
Its last annual general meeting (AGM) was held on 26 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Cedar Bldg International Tech Park Pune Plot No.18 Rajiv Gandhi Infotech Park Hinjewadi Ph, Ase III, Maharashtra, India – 411057.
As per the financials filed for FY 2025, the company reported a revenue of ₹3,360.94 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹259.65 Cr (net margin 7.7%) and EBITDA of ₹513.39 Cr (EBITDA margin 15.3%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 26% over five years.
The company has about 8,638 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Synechron. As per MCA filings, the company has satisfied charges of ₹237.98 Cr on record. Court records list 16 cases involving the company, including 10 filed by the company and 6 filed against it; 5 cases are pending. The company has 3 deals on record (3 secondary share transfers); the latest was in October 2020. Its 4 peer companies in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 2 larger and 2 smaller; the largest is Oracle Solution Services (India) Private Limited with revenue of ₹3,701.1 Cr. The company has 4 MSME Form 1 returns on record between 2019 and 2022, listing 119 overdue payments to 16 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website synechron.com.
Company details
CIN U72200PN2001PTC016029
Registration Number 016029
Incorporation Date 04 April 2001
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Recognitions & Rankings of Synechron Technologies
Contact details
Synechron Technologies Private Limited's registered office is in Pune, Maharashtra. Its website is synechron.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressCedar Bldg International Tech Park Pune Plot No.18 Rajiv Gandhi Infotech Park Hinjewadi Ph, Ase III, Maharashtra, India – 411057
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Synechron Technologies Private Limited, buy the company report.
Comprehensive company report
Synechron 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Synechron Technologies operates one associated brand: Synechron. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Synechron is recognized as a global technology and AI consulting firm. | synechron.com |
Business activity
The main business activity of Synechron Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Synechron Technologies Private Limited, buy the company report.
Financials of Synechron Technologies Private Limited
FY 2024 filings availableSynechron Technologies Private Limited reported revenue of ₹3,360.94 Cr (up 6% YoY) for FY 2025.
Revenue · FY 2025
₹3,360.94 Cr ▲ 6%
Net profit · FY 2025
₹259.65 Cr margin 7.7%
EBITDA · FY 2025
₹513.39 Cr margin 15.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 25%
5 years · compounded
▲ 26%
EBITDA CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 5%
5 years · compounded
▲ 13%
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 6% growth in the latest year. EBITDA rose 4% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹513.39 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹259.65 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.3% | ||||
| Net Profit Margin | 7.7% | ||||
| 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 Synechron Technologies Private Limited, buy the company report.
Board of directors of Synechron Technologies Private Limited
Synechron Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Syed Faisal Husain | Director | 01 Sep 2002 | 24 Years 1 Months | Current |
| Tanveer Jehangir Saulat | Director | 04 Apr 2001 | 25 Years 6 Months | Current |
Peer comparison
Synechron Technologies Private Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Oracle Solution Services (India) Private Limited | ₹3,701.1 Cr (FY 2025) | 8.0% | Bengaluru, Karnataka, India | |||
| Mastek Limited | ₹3,477.51 Cr (FY 2025) | 13.0% | Ahmedabad, Gujarat, India | |||
| Synechron Technologies Private Limitedthis company | ₹3,360.94 Cr (FY 2025) | ₹259.65 Cr | 7.7% | 6.0% | 8,638 | Pune, Maharashtra, India |
| Itc Infotech India Limited | ₹3,332.67 Cr (FY 2025) | 13.0% | Kolkata, West Bengal, India | |||
| Bny Mellon Technology Private Limited | ₹2,981.35 Cr (FY 2025) | 5.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Synechron Technologies Private Limited, buy the company report.
Auditor
Synechron Technologies Private Limited is audited by BSR & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BSR & Co. LLP | FY 2023 | 101248W/W-100022 |
Shareholding
The shareholding of Synechron Technologies 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Synechron Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹237.98 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Mar 2013 | 10426768 | State Bank of India | ₹160 Cr | Satisfied | |
| 18 Jan 2011 | 10262152 | 3I Infotech Trusteeship Services Limited | ₹20.93 Cr | Satisfied | |
| 22 Oct 2008 | 10129409 | 3I Infotech Trusteeship Services Limited | ₹13 Cr | Satisfied | |
| 13 Nov 2007 | 10077422 | 3I Infotech Trusteeship Services Limited | ₹6.1 Cr | Satisfied | |
| 19 Jun 2007 | 10058350 | Icici Bank Limited | ₹25 Cr | Satisfied |
To see the full charge records of Synechron Technologies Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Synechron Technologies Private Limited has 3 deals on record (3 secondary share transfers); the latest was in October 2020.
Total deals
3
Secondary share transfers
3
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2020 | Secondary share transfer | Undisclosed | Seller: 2 individuals |
| Aug 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Synechron Technologies Private Limited has 16 court cases on record: 10 filed by Synechron Technologies, 6 filed against it. 5 cases are pending and 11 are disposed.
Total cases
16
Filed by the company
10
Filed against the company
6
Pending
5
Disposed
11
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 3 | 2 |
| District courts | 4 | 3 | 3 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kota, Rajasthan | Court case (Cr.Reg.Case) | Filed against the company by State | Pending |
| High Court of Karnataka | Tax appeal | Filed by the company against The Assistant Commissioner of Income Tax | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by an individual | Pending |
| High Court, MAHARASHTRA | Tax appeal | Filed against the company by PR. Commissioner of Income Tax 3 Pune | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Synechron Technologies 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.
Credit ratings & regulatory alerts
Synechron Technologies Private Limited was last rated by Icra on 04 Nov 2016.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 04 Nov 2016 |
To see the full credit ratings and regulatory alerts of Synechron Technologies Private Limited, buy the company report.
MSME payment delays
Synechron Technologies Private Limited has 4 MSME Form 1 returns on record between 2019 and 2022, listing 119 overdue payments to 16 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 16)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Million Talents India Private Limited | |||
| an individual supplier | |||
| Benir E Store Solutions Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Synechron Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Synechron Technologies has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Synechron Digital Payments Services Private Limited | U72900PN2004FTC220305 |
To see the full group structure of Synechron Technologies Private Limited, buy the company report.
Employees & EPFO
Synechron Technologies Private Limited has a workforce of 8,638 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
8,638
Active EPFO establishments
1
Employee growth
5.82%
GST
Synechron Technologies has 8 GST registrations: 7 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
8
Active
7
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICS2894R1ZB | Maharashtra | Active | 01 Jul 2017 |
| 29AAICS2894R1Z7 | Karnataka | Active | 01 Jul 2017 |
| 36AAICS2894R1ZC | Telangana | Active | 01 Jul 2017 |
| 29AAICS2894R2Z6 | Karnataka | Active | 03 Aug 2017 |
To see the full GST registrations and return filing status of Synechron Technologies Private Limited, buy the company report.
Recent activity
Synechron Technologies Private Limited has 3 board changes on record since 2001: 2 appointments and 1 cessation. The latest: Syed Munawar Husain ceased to be Director on 24 Sep 2009.
AGM
Synechron Technologies Private Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.
Filing
Synechron Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Charges
A charge registered on 25 Mar 2013 via Charge ID 10426768 with State Bank Of India was fully satisfied on 10 Jan 2019.
Charges
A charge with State Bank Of India of Rs. 160.00 Cr registered on 25 Mar 2013 with Charge ID 10426768 was modified on 12 Apr 2016.
Charges
A charge registered on 18 Jan 2011 via Charge ID 10262152 with 3I Infotech Trusteeship Services Limited was fully satisfied on 20 May 2013.
Charges
A charge registered on 22 Oct 2008 via Charge ID 10129409 with 3I Infotech Trusteeship Services Limited was fully satisfied on 20 May 2013.
Charges
A charge registered on 13 Nov 2007 via Charge ID 10077422 with 3I Infotech Trusteeship Services Limited was fully satisfied on 20 May 2013.
Charges
A charge registered on 19 Jun 2007 via Charge ID 10058350 with Icici Bank Limited was fully satisfied on 20 May 2013.
Charges
A charge with State Bank Of India amounted to Rs. 160.00 Cr with Charge ID 10426768 was registered on 25 Mar 2013.
Charges
A charge with Icici Bank Limited of Rs. 25.00 Cr registered on 19 Jun 2007 with Charge ID 10058350 was modified on 18 Apr 2012.
Charges
A charge with 3I Infotech Trusteeship Services Limited amounted to Rs. 20.93 Cr with Charge ID 10262152 was registered on 18 Jan 2011.
Ceased
Syed Munawar Husain ceased to be Director.
10 earlier events are in the company report.
News
Frequently asked questions
Synechron Technologies is an active private limited company based in Pune, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 04 April 2001 (25+ years old) and is registered under CIN U72200PN2001PTC016029.
Synechron Technologies has 2 current directors:
- Syed Faisal Husain - Director
- Tanveer Jehangir Saulat - Director
The latest financial statements of Synechron Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 26 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Synechron Technologies is 27AAICS2894R1ZB, registered in Maharashtra. The company has 8 GST registrations in all, of which 7 are active and 1 is cancelled or inactive. Other active GSTINs include 29AAICS2894R1Z7 (Karnataka), 36AAICS2894R1ZC (Telangana), 29AAICS2894R2Z6 (Karnataka).
The CIN (Corporate Identification Number) of Synechron Technologies is U72200PN2001PTC016029. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Synechron Technologies has 16 court cases on record: 10 filed by the company and 6 filed against it. 5 are pending. Most are in the high courts.
Synechron Technologies was incorporated on 04 April 2001, making it 25+ years old. It is registered with the Registrar of Companies, Pune.
Synechron Technologies has 3 deals on record (3 secondary share transfers); the latest was in October 2020.
The peers of Synechron Technologies by revenue are Oracle Solution Services (India) Private Limited, Mastek Limited, Itc Infotech India Limited, Bny Mellon Technology Private Limited, all in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities).
Syed Munawar Husain ceased to be Director on 24 Sep 2009. Syed Faisal Husain was appointed as Director on 01 Sep 2002. Tanveer Jehangir Saulat was appointed as Director on 04 Apr 2001.
Synechron Technologies has 4 MSME Form 1 returns on record between 2019 and 2022, listing 119 overdue payments to 16 micro and small suppliers. The latest return was filed on 22 Apr 2022.
Synechron Technologies can be reached through the website synechron.com. Its registered office is in Pune, Maharashtra, India.