- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-11-0001338

About Synergy Transformers Private Limited
Data last updated:
Synergy Transformers Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 23 September 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31501GJ2013PTC076935. Its GSTIN is 24AATCS7457B1Z2 (Gujarat).
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.85 Cr. It is led by directors including Rajeshkumar Vrajlal Ranparia (Managing Director) and Shyam Rajeshbhai Ranpariya.
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 Rajkot, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹95.11 Cr, a growth of 101% compared to the previous year. For the same year it recorded a net profit of ₹6.68 Cr (net margin 7%) and EBITDA of ₹14.27 Cr (EBITDA margin 15%). Revenue has grown at a compounded annual rate (CAGR) of 52% over three years and 38% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹70.48 Cr and satisfied charges of ₹94.15 Cr on record. The company has 5 deals on record (4 rights issues, 1 secondary share transfer); the latest was in December 2022. Its 4 peer companies in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 2 larger and 2 smaller; the largest is Softcon Systems Private Limited with revenue of ₹96.39 Cr. The company has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 62 overdue payments to 29 micro and small suppliers.
Synergy Transformers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-11-0001338). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website synergytransformers.com.
Company details
Recognitions & Rankings of Synergy Transformers
Contact details
Synergy Transformers Private Limited's registered office is in Rajkot, Gujarat. Its website is synergytransformers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressRevenue Survey No. 436 Plot No. 22 Sri Society St – 1/4 Corner Opp. Tagore School Nana, Mava, Rajkot, Gujarat, India – 360004
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Synergy Transformers 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 Transformers is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Synergy Transformers Private Limited, buy the company report.
Financials of Synergy Transformers Private Limited
FY 2025 filings availableSynergy Transformers Private Limited reported revenue of ₹95.11 Cr (up 101% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 38% over five years, including 101% growth in the latest year. EBITDA rose 92% 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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| EBITDA | ₹14.27 Cr | ||||
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| Net Profit (PAT) | ₹6.68 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 15% | ||||
| Net Profit Margin | 7% | ||||
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To see the full financial statements and ratios of Synergy Transformers Private Limited, buy the company report.
Board of directors of Synergy Transformers Private Limited
Synergy Transformers has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shyam Rajeshbhai Ranpariya Also directs: Transfins Radiators Private Limited | Director | 08 Oct 2020 | 6 Years 0 Months | Current |
| Shitalben Rajeshbhai Ranpariya | Director | 23 Sep 2013 | 13 Years 1 Months | Current |
| Vishalkumar Chimanbhai Pansuriya | Director | 23 Sep 2013 | 13 Years 1 Months | Current |
| Dipen Prafulbhai Vanparia | Director | 23 Sep 2013 | 13 Years 1 Months | Current |
| Rajeshkumar Vrajlal Ranparia Also directs: Trafofab Private Limited, Resin Cast Transformers Private Limited | Managing Director | 23 Sep 2013 | 13 Years 1 Months | Current |
Peer comparison
Synergy Transformers Private Limited is compared with the 4 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Softcon Systems Private Limited | ₹96.39 Cr (FY 2025) | 28.0% | Pune, Maharashtra, India | |||
| PMP Drive Systems India Private Limited | ₹96.29 Cr (FY 2023) | 2.0% | Pune, Maharashtra, India | |||
| Synergy Transformers Private Limitedthis company | ₹95.11 Cr (FY 2025) | ₹6.68 Cr | 7% | 101.0% | 13 | Rajkot, Gujarat, India |
| Power Build Batteries Private Limited | ₹93.93 Cr (FY 2025) | -15.0% | Bangalore, Karnataka, India | |||
| Gaston Energy India Private Limited | ₹93.04 Cr (FY 2025) | 97.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Synergy Transformers Private Limited, buy the company report.
Auditor
Synergy Transformers Private Limited is audited by M/S Kamani and Khanpara for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M/S Kamani and Khanpara | FY 2023 | 134508W |
Shareholding
The shareholding of Synergy Transformers 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Synergy Transformers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jul 2025 | 101136860 | Axis Bank Limited | ₹59.04 Cr | Open | |
| 04 Dec 2024 | 101013191 | Others | ₹9.2 Cr | Open | |
| 23 Oct 2024 | 100992187 | Hdfc Bank Limited | ₹20 Lakh | Open | |
| 30 Aug 2024 | 100969882 | Others | ₹1.34 Cr | Open | |
| 13 Nov 2023 | 100836136 | Hdfc Bank Limited | ₹10 Lakh | Open |
To see the full charge records of Synergy Transformers Private Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
Synergy Transformers Private Limited has 5 deals on record (4 rights issues, 1 secondary share transfer); the latest was in December 2022.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2022 | Rights issue | ₹2 Cr | Investors: 4 individuals |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Mar 2018 | Rights issue | ₹1.1 Cr | Investors: 4 individuals |
| Jun 2016 | Rights issue | ₹75 Lakh | Investors: 4 individuals |
| Sep 2014 | Rights issue | ₹1.99 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Synergy Transformers Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Synergy Transformers Private Limited was last rated by Crisil on 22 Apr 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 22 Apr 2020 |
To see the full credit ratings and regulatory alerts of Synergy Transformers Private Limited, buy the company report.
MSME payment delays
Synergy Transformers Private Limited has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 62 overdue payments to 29 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 29)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Elite Conductors Limited | |||
| Acculite Devices | |||
| an individual supplier | |||
| Intech Polymers | |||
| an individual supplier |
To see the full MSME payment records of Synergy Transformers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Synergy Transformers Private Limited has a workforce of 13 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Synergy Transformers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AATCS7457B1Z2 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Synergy Transformers Private Limited, buy the company report.
Recent activity
Synergy Transformers Private Limited has 10 board changes on record since 2013: 5 appointments and 5 cessations. The latest: Prafulbhai Vanparia ceased to be Director on 06 Nov 2024.
25 earlier events are in the company report.
Frequently asked questions
Synergy Transformers is an active private limited company based in Rajkot, Gujarat, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 23 September 2013 (13+ years old) and is registered under CIN U31501GJ2013PTC076935.
Synergy Transformers has 5 current directors:
- Rajeshkumar Vrajlal Ranparia - Managing Director
- Shyam Rajeshbhai Ranpariya - Director
- Shitalben Rajeshbhai Ranpariya - Director
- Vishalkumar Chimanbhai Pansuriya - Director
- Dipen Prafulbhai Vanparia - Director
The latest financial statements of Synergy Transformers 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 Transformers is 24AATCS7457B1Z2, registered in Gujarat.
The CIN (Corporate Identification Number) of Synergy Transformers is U31501GJ2013PTC076935. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Synergy Transformers was incorporated on 23 September 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Synergy Transformers has 5 deals on record (4 rights issues, 1 secondary share transfer); the latest was in December 2022.
The peers of Synergy Transformers by revenue are Softcon Systems Private Limited, PMP Drive Systems India Private Limited, Power Build Batteries Private Limited, Gaston Energy India Private Limited, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Prafulbhai Vanparia ceased to be Director on 06 Nov 2024. Rameshbhai Devshibhai Chovatiya ceased to be Director on 06 Nov 2024. Vrajlal Valjibhai Ranparia ceased to be Director on 06 Nov 2024. Synergy Transformers has 10 board changes on record in total.
Yes, Synergy Transformers is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-11-0001338).
Synergy Transformers has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 62 overdue payments to 29 micro and small suppliers. The latest return was filed on 19 Dec 2019.
Synergy Transformers can be reached through the website synergytransformers.com. Its registered office is in Rajkot, Gujarat, India.

