MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-HP-11-0001328
Synergy Poly Additives Private Limited - manufacturing in Himachal Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹49.2 Cr
▼ 37% YoY
Net profit · FY 2025
₹42.62 Lakh
Net margin 0.9%
EBITDA · FY 2025
₹2.48 Cr
EBITDA margin 5%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹56.85 Lakh
Issued & subscribed
Open charges
₹22.51 Cr
Satisfied ₹15.6 Cr
Company age
25 yrs
Est. 2001
Directors on board
3
As per MCA filings
About Synergy Poly Additives Private Limited
Data last updated:
Synergy Poly Additives Private Limited is a private limited company based in Himachal Pradesh, India. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 31 July 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN U25209HP2001PTC024553. Its GSTIN is 02AAICS8374E1ZB (Himachal Pradesh). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹56.85 Lakh. It was formerly known as Orvin Plasticares Private Limited. It is led by directors including Shakuntla Maggu and Sundeep Maggu.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No 65 Hpidc Baddi Distt Solan, Himachal Pradesh, India – 173205.
As per the financials filed for FY 2025, the company reported a revenue of ₹49.2 Cr, a decline of 37% compared to the previous year. For the same year it recorded a net profit of ₹42.62 Lakh (net margin 0.9%) and EBITDA of ₹2.48 Cr (EBITDA margin 5%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 2% over five years.
Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Synergy Additives. As per MCA filings, the company has open charges of ₹22.51 Cr and satisfied charges of ₹15.6 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 1 case is pending. The company has 1 deal on record (1 secondary share transfer); the latest was in August 2016. The company has 7 MSME Form 1 returns on record between 2019 and 2023, listing 34 overdue payments to 8 micro and small suppliers.
Synergy Poly Additives Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-HP-11-0001328). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website synergyadditives.com.
Company details
CIN U25209HP2001PTC024553
Registration Number 024553
Incorporation Date 31 July 2001
ROC Himachal Pradesh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-HP-11-0001328
Recognitions & Rankings of Synergy Poly Additives
Contact details
Synergy Poly Additives Private Limited's registered office is in Himachal Pradesh. Its website is synergyadditives.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No 65 Hpidc Baddi Distt Solan, Himachal Pradesh, India – 173205
- IndustryManufacturing, Plastic & Resins
To see the full contact details of Synergy Poly Additives Private Limited, buy the company report.
Comprehensive company report
Synergy Poly Additives 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
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Brands
Synergy Poly Additives operates one associated brand: Synergy Additives. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of polymer additives for plastics, rubber, and wood composites is conducted by Synergy Additives. | synergyadditives.com |
Business activity
The main business activities of Synergy Poly Additives are manufacturing and trade. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Synergy Poly Additives Private Limited, buy the company report.
Financials of Synergy Poly Additives Private Limited
FY 2025 filings availableSynergy Poly Additives Private Limited reported revenue of ₹49.2 Cr (down 37% YoY) for FY 2025.
Revenue · FY 2025
₹49.2 Cr ▼ 37%
Net profit · FY 2025
₹42.62 Lakh margin 0.9%
EBITDA · FY 2025
₹2.48 Cr margin 5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 37%
3 years · compounded
▼ 13%
5 years · compounded
▼ 2%
EBITDA CAGR growth
1 year
▼ 21%
3 years · compounded
▼ 11%
5 years · compounded
▲ 2%
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 37% fall in the latest year. EBITDA fell 21% 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 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹2.48 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹42.62 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5% | ||||
| Net Profit Margin | 0.9% | ||||
| 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 Poly Additives Private Limited, buy the company report.
Board of directors of Synergy Poly Additives Private Limited
Synergy Poly Additives has 3 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 |
|---|---|---|---|---|
| Shakuntla Maggu Also directs: Orabella Hospitality Private Limited | Director | 31 Jul 2001 | 25 Years 2 Months | Current |
| Sundeep Maggu Also directs: Polytek Synergy Limited, Aerogel Sleep Private Limited, Orabella Hospitality Private Limited and 4 more | Director | 31 Jul 2001 | 25 Years 2 Months | Current |
| Sant Lal Maggu Also directs: Sidhivinayak Protech LLP, Bahadurgarh Footwear Development Services Private Limited, Polytek Synergy Limited and 4 more | Director | 31 Jul 2001 | 25 Years 2 Months | Current |
Auditor
Synergy Poly Additives Private Limited is audited by Sharp & Tannan for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sharp & Tannan | FY 2024 | 000452N |
Shareholding
The shareholding of Synergy Poly Additives Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Synergy Poly Additives Private Limited, buy the company report.
Charges & borrowings
Open charges
₹22.51 Cr
Satisfied charges
₹15.6 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 May 2025 | 101112532 | Others | ₹1.1 Cr | Open | |
| 30 Aug 2024 | 100968518 | Tata Capital Housing Finance Limited | ₹5 Cr | Open | |
| 06 Aug 2024 | 100966240 | Indian Bank | ₹5 Cr | Open | |
| 15 Sep 2023 | 100814483 | Axis Bank Limited | ₹28 Lakh | Open | |
| 25 May 2023 | 100741217 | Others | ₹4.3 Cr | Open |
To see the full charge records of Synergy Poly Additives Private Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Synergy Poly Additives Private Limited has 1 deal on record (1 secondary share transfer); the latest was in August 2016.
Total deals
1
Secondary share transfer
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Synergy Poly Additives Private Limited has 3 court cases on record: 2 filed by Synergy Poly Additives, 1 filed against it. 1 case is pending and 2 are disposed.
Total cases
3
Filed by the company
2
Filed against the company
1
Pending
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West, Delhi | Criminal case | Filed by the company against Khushbu Vinyl Pvt Ltd and 3 others | Pending |
| District court, West, Delhi | Criminal case | Filed by the company against Dinesh Polytubes Pvt Ltd and 2 others | Disposed |
| District court, Faridabad, Haryana | Court case (TRF) | Filed against the company by State of Haryana | Disposed |
To see the full case history of Synergy Poly Additives 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
Synergy Poly Additives Private Limited was last rated by Crisil on 21 Feb 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 21 Feb 2020 |
To see the full credit ratings and regulatory alerts of Synergy Poly Additives Private Limited, buy the company report.
MSME payment delays
Synergy Poly Additives Private Limited has 7 MSME Form 1 returns on record between 2019 and 2023, listing 34 overdue payments to 8 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 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Cosmic Petrochem Private Limited | |||
| an individual supplier | |||
| Amjey Chem Trade Private Limited | |||
| Sanmati Minerals & Chemicals | |||
| an individual supplier |
To see the full MSME payment records of Synergy Poly Additives Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Synergy Poly Additives has 1 subsidiary company and 4 associated companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
1
Subsidiary companies
4
Associated companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Polytek Urethane Private Limited | U40107DL2006PTC146294 |
To see the full group structure of Synergy Poly Additives Private Limited, buy the company report.
GST
Synergy Poly Additives has 4 GST registrations: 2 active and 2 cancelled or inactive.
Total GSTINs
4
Active
2
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AAICS8374E1ZB | Himachal Pradesh | Active | 01 Jul 2017 |
| 24AAICS8374E1Z5 | Gujarat | Active | 21 Aug 2023 |
To see the full GST registrations and return filing status of Synergy Poly Additives Private Limited, buy the company report.
Recent activity
Synergy Poly Additives Private Limited has 4 board changes on record since 2001: 3 appointments and 1 cessation. The latest: Kapil Maggu ceased to be Director on 01 Mar 2013.
AGM
Synergy Poly Additives Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 1.10 Cr with Charge ID 101112532 was registered on 31 May 2025.
Filing
Synergy Poly Additives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Himachal Pradesh.
Charges
A charge with Tata Capital Housing Finance Limited amounted to Rs. 5.00 Cr with Charge ID 100968518 was registered on 30 Aug 2024.
Charges
A charge with Indian Bank amounted to Rs. 5.00 Cr with Charge ID 100966240 was registered on 06 Aug 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.28 Cr with Charge ID 100814483 was registered on 15 Sep 2023.
Charges
A charge with Others amounted to Rs. 4.30 Cr with Charge ID 100741217 was registered on 25 May 2023.
Charges
A charge with State Bank Of India of Rs. 3.00 Cr registered on 21 Mar 2017 with Charge ID 100097213 was modified on 27 Apr 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.50 Cr with Charge ID 100382293 was registered on 08 Oct 2020.
Charges
A charge with Axis Bank Limited of Rs. 3.33 Cr registered on 29 Aug 2017 with Charge ID 100145154 was modified on 08 Oct 2020.
Charges
A charge registered on 10 Aug 2017 via Charge ID 100133161 with Others was fully satisfied on 21 Jul 2020.
Charges
A charge with Axis Bank Limited amounted to Rs. 3.33 Cr with Charge ID 100145154 was registered on 29 Aug 2017.
15 earlier events are in the company report.
Frequently asked questions
Synergy Poly Additives is an active private limited company based in Himachal Pradesh, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 31 July 2001 (25+ years old) and is registered under CIN U25209HP2001PTC024553.
Synergy Poly Additives has 3 current directors:
- Shakuntla Maggu - Director
- Sundeep Maggu - Director
- Sant Lal Maggu - Director
The latest financial statements of Synergy Poly Additives on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Synergy Poly Additives is 02AAICS8374E1ZB, registered in Himachal Pradesh. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 24AAICS8374E1Z5 (Gujarat).
The CIN (Corporate Identification Number) of Synergy Poly Additives is U25209HP2001PTC024553. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Synergy Poly Additives has 3 court cases on record: 2 filed by the company and 1 filed against it. 1 is pending.
Synergy Poly Additives was incorporated on 31 July 2001, making it 25+ years old. It is registered with the Registrar of Companies, Himachal Pradesh.
Synergy Poly Additives has 1 deal on record (1 secondary share transfer); the latest was in August 2016.
Kapil Maggu ceased to be Director on 01 Mar 2013. Sant Lal Maggu was appointed as Director on 31 Jul 2001. Shakuntla Maggu was appointed as Director on 31 Jul 2001. Synergy Poly Additives has 4 board changes on record in total.
Yes, Synergy Poly Additives is registered as a medium enterprise under Udyam registration (number: UDYAM-HP-11-0001328).
Synergy Poly Additives has 7 MSME Form 1 returns on record between 2019 and 2023, listing 34 overdue payments to 8 micro and small suppliers. The latest return was filed on 27 Aug 2023.