About Synergy Appliances Private Limited
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Synergy Appliances Private Limited is a private limited company based in Ahmednagar, Maharashtra, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 11 December 1979 and has been in existence for over 47 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U32204MH1979PTC021988. The company has 6 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2 Cr. It was formerly known as R N Dhoot Investment Company Private Limited. It is led by directors Vivek Dattatraya Dharm and Deepaksingh Ganpatsingh Rajput.
Its last annual general meeting (AGM) was held on 29 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at 2275 Adate Bazar Ahmednagar, Maharashtra, India – 414001.
As per the financials filed for FY 2016, the company reported a revenue of ₹62.94 Cr. For the same year it recorded a net loss of ₹10.76 Cr (net margin -17.1%) and EBITDA of -₹7.97 Cr (EBITDA margin -12.7%).
As per MCA filings, the company has open charges of ₹24,446 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹1.98 Cr; the latest was in January 2012.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website synergyappl.com.
Company details
CIN history
Synergy Appliances has one previous CIN (Corporate Identification Number): U65993MH1979PTC021988. The current CIN is U32204MH1979PTC021988, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U32204MH1979PTC021988 | Current |
| U65993MH1979PTC021988 | Previous |
Contact details
Synergy Appliances Private Limited's registered office is in Ahmednagar, Maharashtra. Its website is synergyappl.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address2275 Adate Bazar Ahmednagar, Maharashtra, India – 414001
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Synergy Appliances Private Limited, buy the company report.
- 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
Business activity
The main business activity of Synergy Appliances is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Synergy Appliances Private Limited, buy the company report.
Financials of Synergy Appliances Private Limited
FY 2016 filings availableSynergy Appliances Private Limited reported revenue of ₹62.94 Cr for FY 2016.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹62.94 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹7.97 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹10.76 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -12.7% | |
| Net Profit Margin | -17.1% | |
| 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 Synergy Appliances Private Limited, buy the company report.
Board of directors of Synergy Appliances Private Limited
Synergy Appliances has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivek Dattatraya Dharm Also directs: Silvercrest Realtors LLP, Altisun Energy Limited, Endurance Properties and Advisors Private Limited and 3 more | Director | 31 Jan 2005 | 21 Years 9 Months | Current |
| Deepaksingh Ganpatsingh Rajput | Additional Director | 12 Jun 2017 | 9 Years 4 Months | Current |
Auditor
Synergy Appliances Private Limited is audited by KADAM & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KADAM & CO | FY 2016 | 104524W |
Shareholding
The shareholding of Synergy Appliances Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Synergy Appliances Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2016 | 100074360 | Others | ₹1,626 Cr | Open | |
| 08 Jun 2016 | 100053729 | Yes Bank Limited | ₹200 Cr | Open | |
| 08 Jun 2016 | 100053800 | Yes Bank Limited | ₹550 Cr | Open | |
| 08 Jun 2016 | 100053801 | Yes Bank Limited | ₹250 Cr | Open | |
| 08 Jun 2016 | 100054002 | Yes Bank Limited | ₹400 Cr | Open |
Total charge records: 11 View all charges
Deals & funding
Synergy Appliances Private Limited has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹1.98 Cr; the latest was in January 2012.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jan 2012 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: Solitaire Appliances Private Limited Seller: Solitaire Appliances Private Limited |
| Dec 2010 | Funding round | ₹1.98 Cr | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Synergy Appliances Private Limited has 2 court cases on record: 2 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Tax appeal | Filed against the company by Pr.Commissioner of Income Tax-3,Mumbai -, Prakash Chhotaray | Pending |
| High Court, MAHARASHTRA | Tax appeal | Filed against the company by Pr.Commissioner of Income Tax 3- Mumbai | Pending |
To see the full case history of Synergy Appliances 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 Synergy Appliances Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Synergy Appliances has 4 associated companies. This group structure data is as of FY 2016. The table lists each entity with its relationship and holding.
GST
Synergy Appliances has 6 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Synergy Appliances Private Limited, buy the company report.
Recent activity
Synergy Appliances Private Limited has 9 board changes on record since 2005: 2 appointments and 7 cessations. The latest: Deepaksingh Ganpatsingh Rajput was appointed as Additional Director on 12 Jun 2017.
11 earlier events are in the company report.
Frequently asked questions
Synergy Appliances is an active private limited company based in Ahmednagar, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 11 December 1979 (47+ years old) and is registered under CIN U32204MH1979PTC021988.
Synergy Appliances has 2 current directors:
- Vivek Dattatraya Dharm - Director
- Deepaksingh Ganpatsingh Rajput - Additional Director
The latest financial statements of Synergy Appliances on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 29 September 2016. Year-wise statements from 2015 are in the company report.
No. Synergy Appliances has 6 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Synergy Appliances is U32204MH1979PTC021988. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Synergy Appliances has 2 court cases on record: 2 filed against it. 2 are pending.
Synergy Appliances was incorporated on 11 December 1979, making it 47+ years old. It is registered with the Registrar of Companies, Pune.
Synergy Appliances has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹1.98 Cr; the latest was in January 2012.
Deepaksingh Ganpatsingh Rajput was appointed as Additional Director on 12 Jun 2017. Saurabh Pradipkumar Dhoot ceased to be Director on 12 Jun 2017. Sanjay Kumar ceased to be Additional Director on 29 Sep 2016. Synergy Appliances has 9 board changes on record in total.
Synergy Appliances can be reached through the website synergyappl.com. Its registered office is in Ahmednagar, Maharashtra, India.
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