Synergy HR Solutions Private Limited
About Synergy HR Solutions Private Limited
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Synergy HR Solutions Private Limited is a private limited company based in Ahmednagar, Maharashtra, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 06 September 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2011PTC140648. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Jitendra Devidasrao Ugle and Kiran Radhakrihan Patwardhan.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at H/186 B – 1 Behind Akshata Garden Opp. Bhingarwala Estate, Ahmednagar, Maharashtra, India – 414001.
As per the financials filed for FY 2019, the company reported a revenue of ₹73,013, a decline of 90% compared to the previous year. For the same year it recorded a net loss of ₹1.26 Lakh (net margin -172.2%) and EBITDA of -₹1.26 Lakh (EBITDA margin -172.2%). Revenue has declined at a compounded annual rate (CAGR) of 61% over three years.
Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Synergy HR Solutions Private Limited's registered office is in Ahmednagar, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressH/186 B – 1 Behind Akshata Garden Opp. Bhingarwala Estate, Ahmednagar, Maharashtra, India – 414001
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Synergy HR Solutions 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
Financials of Synergy HR Solutions Private Limited
FY 2019 filings availableSynergy HR Solutions Private Limited reported revenue of ₹73,013 (down 90% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 61% over three years, including a 90% fall in the latest year. EBITDA rose 56% 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
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| EBITDA | -₹1.26 Lakh | ||||
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| Net Profit (PAT) | -₹1.26 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA Margin | -172.2% | ||||
| Net Profit Margin | -172.2% | ||||
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To see the full financial statements and ratios of Synergy HR Solutions Private Limited, buy the company report.
Board of directors of Synergy HR Solutions Private Limited
Synergy HR Solutions has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jitendra Devidasrao Ugle Also directs: Force Appliances Private Limited, Evolve HR Solutions Private Limited, Strides HR Solution India Private Limited and 1 more | Director | 01 Nov 2018 | 8 Years 0 Months | Current |
| Jagdish Laxmandas Bangad Also directs: J J Techno Industrial Systems LLP | Additional Director | 17 Nov 2011 | 14 Years 11 Months | Current |
| Kiran Radhakrihan Patwardhan | Director | 01 Nov 2018 | 8 Years 0 Months | Current |
| Omprakash Madhukar Bhagwat | Additional Director | 17 Nov 2011 | 14 Years 11 Months | Current |
Auditor
Synergy HR Solutions Private Limited is audited by RAJENDRA SHRIKANT & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJENDRA SHRIKANT & CO | FY 2016 | 115580W |
Shareholding
The shareholding of Synergy HR Solutions Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Synergy HR Solutions Private Limited, buy the company report.
Legal cases
Synergy HR Solutions Private Limited has 2 court cases on record: 1 filed by Synergy HR Solutions, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Interim or miscellaneous application | Filed against the company by Videocon D2h Ltd. | Disposed |
| High Court of Delhi | Court case (CRL.M.C.) | Filed by the company against State (NCT of Delhi) | Disposed |
To see the full case history of Synergy HR Solutions 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 HR Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Synergy HR Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Synergy HR Solutions Private Limited, buy the company report.
Recent activity
Synergy HR Solutions Private Limited has 10 board changes on record since 2011: 4 appointments and 6 cessations. The latest: Omprakash Madhukar Bhagwat ceased to be Additional Director on 23 Dec 2019.
1 earlier event is in the company report.
Frequently asked questions
Synergy HR Solutions is an active private limited company based in Ahmednagar, Maharashtra, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 06 September 2011 (15+ years old) and is registered under CIN U74999PN2011PTC140648.
Synergy HR Solutions has 4 current directors:
- Jitendra Devidasrao Ugle - Director
- Jagdish Laxmandas Bangad - Additional Director
- Kiran Radhakrihan Patwardhan - Director
- Omprakash Madhukar Bhagwat - Additional Director
The latest financial statements of Synergy HR Solutions on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Synergy HR Solutions has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Synergy HR Solutions is U74999PN2011PTC140648. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Synergy HR Solutions has 2 court cases on record: 1 filed by the company and 1 filed against it.
Synergy HR Solutions was incorporated on 06 September 2011, making it 15+ years old. It is registered with the Registrar of Companies, Pune.
Omprakash Madhukar Bhagwat ceased to be Additional Director on 23 Dec 2019. Kiran Radhakrihan Patwardhan ceased to be Additional Director on 30 Sep 2019. Jitendra Devidasrao Ugle ceased to be Director on 29 Sep 2019. Synergy HR Solutions has 10 board changes on record in total.
The registered office of Synergy HR Solutions is at H186 B – 1 Behind Akshata Garden Opp. Bhingarwala Estate, Ahmednagar, Maharashtra, India – 414001.
Synergy HR Solutions operates in the business outsourcing industry, in the HR outsourcing and talent management segment.
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