About Synersoft Technologies Private Limited
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Synersoft Technologies Private Limited is a private limited company based in Ahmadabad City, Gujarat, India, recognised as a startup by DPIIT. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 16 May 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2008PTC053922. Its GSTIN is 24AALCS9588H1ZM (Gujarat).
The company has an authorised share capital of ₹4 Lakh and a paid-up capital of ₹1.91 Lakh. It is led by directors including Apurva Bhupendra Shah and Vishal Prakashchandra Shah.
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 B – 304 Wall Street – 2 Opp. Orient Club, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.34 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹60.8 Lakh (net margin 5.9%) and EBITDA of ₹2.14 Cr (EBITDA margin 20.7%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 22% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Synersoft. As per MCA filings, the company has open charges of ₹42.5 Lakh on record. The company has 9 deals on record (5 secondary share transfers, 4 funding rounds), with disclosed funding of ₹3.05 Cr; the latest was in April 2020. Its 10 peer companies in the Information Technology industry (Software Services) are compared by revenue, 5 larger and 5 smaller; the largest is JMK Infosoft Solutions Limited.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website synersoft.in.
- EmailLocked
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- Website
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- Registered AddressB – 304 Wall Street – 2 Opp. Orient Club, Nr. Gujarat College Railway Crossing, Ahmadabad City, Gujarat, India – 380006
- IndustryInformation Technology, Software Development & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Synersoft Technologies Private Limited
The main business activity of Synersoft Technologies is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc. and other information & communication service activities. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Synersoft Technologies Private Limited FY 2025 filings available
Synersoft Technologies Private Limited reported revenue of ₹10.34 Cr (up 44% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Synersoft Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 44% growth in the latest year. EBITDA rose 347% 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 of Synersoft Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.14 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹60.8 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
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| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Synersoft Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.9% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
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| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
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| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Synersoft Technologies are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Synersoft Technologies Private Limited
Synersoft Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Software Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| JMK Infosoft Solutions Limited | •••• | •••• | •••• | •••• | 402 | Aurangabad, Maharashtra, India |
| Spruce Software Technology Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Andhra Pradesh, India |
| Devnagri AI Private Limited | •••• | •••• | •••• | •••• | 55 | Delhi, India |
| Meta Tech Ventures Limited | •••• | •••• | •••• | •••• | - | Varanasi, Uttar Pradesh, India |
| Incresol Software Services Private Limited | •••• | •••• | •••• | •••• | 132 | Shaikpet, Telangana, India |
| Synersoft Technologies Private Limited this company | •••• | •••• | •••• | •••• | - | Ahmadabad City, Gujarat, India |
| Izwe Warehouse Management Solutions India Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Ionidea Enterprise Solutions Private Limited | •••• | •••• | •••• | •••• | - | Bangalore., Karnataka, India |
| Syncordis Software Services India Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Softmanage Solution & Services Private Limited | •••• | •••• | •••• | •••• | - | Dombivli, Maharashtra, India |
| Ness Software Services Private Limited | •••• | •••• | •••• | •••• | 59 | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Synersoft Technologies by revenue in the Information Technology industry (Software Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Synersoft Technologies Private Limited
Synersoft Technologies Private Limited is audited by SHAH DHANDHARIA & CO LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHAH DHANDHARIA & CO LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Synersoft Technologies Private Limited
Synersoft Technologies has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Apurva Bhupendra Shah | Director | 03 Apr 2013 | 13 Years 6 Months | Current |
| Vishal Prakashchandra Shah | Director | 16 May 2008 | 18 Years 4 Months | Current |
| Mahavir Pratap Sharma | Director | 15 Mar 2016 | 10 Years 6 Months | Current |
| Chirag Arvind Patel Also directs: Net4nuts Limited, Tie Ahmedabad Association | Director | 03 Apr 2013 | 13 Years 6 Months | Current |
Ownership and Shareholding of Synersoft Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Synersoft Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Dec 2024 | Bank of India | ₹42.5 Lakh | Open |
Total charge records: 1 View all charges
Deals & Funding of Synersoft Technologies Private Limited
Synersoft Technologies Private Limited has 9 deals on record (5 secondary share transfers, 4 funding rounds), with disclosed funding of ₹3.05 Cr; the latest was in April 2020.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Amal Lalitchandra Shah Huf |
| Jan 2020 | Secondary share transfer | Undisclosed | Buyer: Amal Lalitchandra Shah Huf Seller: New Asarwa Chemicals Pvt Ltd |
| Feb 2016 | Funding round | ₹1.25 Cr | Investors: Jaipur Rugs Family Office, 3 individuals |
| Apr 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Apr 2013 | Funding round | ₹1.2 Cr | Investors: New Asarwa Chemicals Pvt Ltd , IIMA Ventures (IIMA-CIIE), 2 individuals |
Full deal history
All 9 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Synersoft Technologies Private Limited
Synersoft Technologies operates one associated brand: Synersoft. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A platform for Data Loss Prevention is provided by Synersoft. | synersoft.in |
Employees and EPFO Compliance at Synersoft Technologies Private Limited
Synersoft Technologies Private Limited has a workforce of 20 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
News related to Synersoft Technologies Private Limited
Recent Activity on Synersoft Technologies Private Limited
Synersoft Technologies Private Limited has 9 board changes on record since 2008: 4 appointments and 5 cessations. The latest: Prakashchandra Fakirchand Shah ceased to be Director on 07 Jul 2018.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Synersoft Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Synersoft Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Synersoft Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Synersoft Technologies Private Limited
Synersoft Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AALCS9588H1ZM | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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MCA Filings & Documents of Synersoft Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Synersoft Technologies Private Limited
Synersoft Technologies is an active private limited company based in Ahmadabad City, Gujarat, India. The company works in software development and support services, within the information technology industry. It was incorporated on 16 May 2008 (18+ years old) and is registered under CIN U72200GJ2008PTC053922.
Synersoft Technologies reported revenue of ₹10.34 Cr for FY 2025 (up 44% YoY).
Synersoft Technologies has 4 current directors:
- Apurva Bhupendra Shah - Director
- Vishal Prakashchandra Shah - Director
- Mahavir Pratap Sharma - Director
- Chirag Arvind Patel - Director
Synersoft Technologies reported a net profit of ₹60.8 Lakh (net margin 5.9%) and EBITDA of ₹2.14 Cr (EBITDA margin 20.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Synersoft Technologies is 19% over three years and 22% over five years. In the latest year (FY 2025) revenue rose 44%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Synersoft Technologies is 24AALCS9588H1ZM, registered in Gujarat.
The CIN (Corporate Identification Number) of Synersoft Technologies is U72200GJ2008PTC053922. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Synersoft Technologies was incorporated on 16 May 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Synersoft Technologies has 9 deals on record (5 secondary share transfers, 4 funding rounds), with disclosed funding of ₹3.05 Cr; the latest was in April 2020.
The peers of Synersoft Technologies by revenue are JMK Infosoft Solutions Limited, Spruce Software Technology Private Limited, Devnagri AI Private Limited, Meta Tech Ventures Limited, Incresol Software Services Private Limited and 5 more, all in the Information Technology industry (Software Services).
Prakashchandra Fakirchand Shah ceased to be Director on 07 Jul 2018. Mahavir Pratap Sharma ceased to be Additional Director on 30 Sep 2016. Mahavir Pratap Sharma was appointed as Director on 15 Mar 2016. Synersoft Technologies has 9 board changes on record in total.