Synergy Development Corporation Private Limited
About Synergy Development Corporation Private Limited
Data last updated:
Synergy Development Corporation Private Limited was a private limited company based in Pune, Maharashtra, India, operated as a subsidiary of Naiknavare Profile Constructions Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 28 June 2004.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U45201PN2004PTC019443.
The company had an authorised share capital of ₹5 Cr and a paid-up capital of ₹4 Lakh. It was led by directors Lingiya Khetawat Tulchya and Aruna Laxmanrao Pawar.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 1204/4 Ghole Roadshivajinagar, Pune, Maharashtra, India – 411004.
As per the financials filed for FY 2023, the company reported a revenue of ₹9.22 Cr, a growth of 73% compared to the previous year. For the same year it recorded a net profit of ₹3.21 Lakh (net margin 0.3%) and EBITDA of ₹26.43 Lakh (EBITDA margin 2.9%).
As per MCA filings, the company had satisfied charges of ₹80 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company.
Company details
Contact details
Synergy Development Corporation Private Limited's registered office is in Pune, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address1204/4 Ghole Roadshivajinagar, Pune, Maharashtra, India – 411004
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Synergy Development Corporation 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 Development Corporation is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Synergy Development Corporation Private Limited, buy the company report.
Financials of Synergy Development Corporation Private Limited
FY 2023 filings availableSynergy Development Corporation Private Limited reported revenue of ₹9.22 Cr (up 73% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 73% in the latest year. EBITDA rose 185% 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 | ₹9.22 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
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| Total Expenses | |||||
| EBITDA | ₹26.43 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.21 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.9% | ||||
| Net Profit Margin | 0.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Synergy Development Corporation Private Limited, buy the company report.
Board of directors of Synergy Development Corporation Private Limited
Synergy Development Corporation has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lingiya Khetawat Tulchya | Director | 19 Dec 2017 | 8 Years 10 Months | As last reported |
| Aruna Laxmanrao Pawar | Director | 19 Dec 2017 | 8 Years 10 Months | As last reported |
Peer comparison
Synergy Development Corporation Private Limited is compared with the 5 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ilika Estates Private Limited | ₹9.23 Cr (FY 2024) | -84.0% | Kolkata, West Bengal, India | |||
| Cayana Infratech Private Limited | ₹9.22 Cr (FY 2025) | -40.0% | Bhubaneswar, Odisha, India | |||
| Neelkanth Nirman Private Limited | ₹9.22 Cr (FY 2024) | -73.0% | Kolkata, West Bengal, India | |||
| Synergy Development Corporation Private Limitedthis company | ₹9.22 Cr (FY 2023) | ₹3.21 Lakh | 0.3% | 73.0% | Pune, Maharashtra, India | |
| Virasat Buildhomes Private Limited | ₹9.21 Cr (FY 2025) | 99.0% | Jaipur, Rajasthan, India | |||
| Kantirupam Homes Private Limited | ₹9.21 Cr (FY 2024) | -24.0% | Jabalpur, Madhya Pradesh, India |
To see the full peer comparison of Synergy Development Corporation Private Limited, buy the company report.
Auditor
Synergy Development Corporation Private Limited is audited by S P S R & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S P S R & ASSOCIATES | FY 2023 | 112265W |
Shareholding
The shareholding of Synergy Development Corporation Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Synergy Development Corporation Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Jul 2015 | 100077560 | Idbi Trusteeship Services Limited | ₹80 Cr | Satisfied |
To see the full charge records of Synergy Development Corporation Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Synergy Development Corporation Private Limited has 3 court cases on record: 3 filed by Synergy Development Corporation. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 3 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (COMP.APPL) | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Synergy Development Corporation 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 Development Corporation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Synergy Development Corporation Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Synergy Development Corporation Private Limited has 11 board changes on record since 2004: 2 appointments and 9 cessations. The latest: Shriram Vinayak Bapat ceased to be Director on 25 Jun 2021.
4 earlier events are in the company report.
Frequently asked questions
Synergy Development Corporation has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Synergy Development Corporation was a private limited company based in Pune, Maharashtra, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 28 June 2004 and is registered under CIN U45201PN2004PTC019443. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Synergy Development Corporation was incorporated on 28 June 2004. It is registered with the Registrar of Companies, Pune.
Synergy Development Corporation had 2 directors:
- Lingiya Khetawat Tulchya - Director
- Aruna Laxmanrao Pawar - Director
The CIN (Corporate Identification Number) of Synergy Development Corporation is U45201PN2004PTC019443. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Synergy Development Corporation is at 12044 Ghole Roadshivajinagar, Pune, Maharashtra, India – 411004.
The latest financial statements of Synergy Development Corporation on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
Synergy Development Corporation operated in the real estate and construction industry, in the real estate builders and developers segment.
The peers of Synergy Development Corporation by revenue are Ilika Estates Private Limited, Cayana Infratech Private Limited, Neelkanth Nirman Private Limited, Virasat Buildhomes Private Limited, Kantirupam Homes Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Synergy Development Corporation has 3 court cases on record: 3 filed by the company.
Shriram Vinayak Bapat ceased to be Director on 25 Jun 2021. Aruna Laxmanrao Pawar ceased to be Additional Director on 29 Sep 2018. Lingiya Khetawat Tulchya ceased to be Additional Director on 29 Sep 2018. Synergy Development Corporation has 11 board changes on record in total.
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