MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0146278
Synise Technologies Limited - information technology in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2026
₹35.6 Cr
▲ 3% YoY
Net profit · FY 2026
₹3.75 Cr
Net margin 10.5%
EBITDA · FY 2026
₹5.11 Cr
EBITDA margin 14.3%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹2.42 Cr
Issued & subscribed
Satisfied charges
₹3.71 Cr
No open charges
Company age
29 yrs
Est. 1997
Employees · EPFO
218
Provident fund records
About Synise Technologies Limited
Data last updated:
Synise Technologies Limited is a public limited company based in Pune, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 19 December 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72200PN1997PLC112581. Its GSTIN is 27AACCA4575B1ZY (Maharashtra).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹2.42 Cr. It was formerly known as Accord Solutions Private Limited. It is led by directors including Mahesh Vilas Mahamuni (Whole-Time Director) and Ashok Raghavendra Dani.
Its last annual general meeting (AGM) was held on 21 November 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Shankarrao More Soc Plno 1 Sno 1/15/2 Karvenagar Kothrud, Pune, Maharashtra, India – 411052.
As per the financials filed for FY 2026, the company reported a revenue of ₹35.6 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹3.75 Cr (net margin 10.5%) and EBITDA of ₹5.11 Cr (EBITDA margin 14.3%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 21% over five years.
The company has about 218 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 2 brands: Synise and Synise Technologies Ltd. As per MCA filings, the company has satisfied charges of ₹3.71 Cr on record. Court records list 25 cases involving the company, including 7 filed by the company and 18 filed against it; 3 cases are pending.
Synise Technologies Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0146278). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website synise.com.
Company details
CIN U72200PN1997PLC112581
Registration Number 112581
Incorporation Date 19 December 1997
ROC Pune
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-26-0146278
Key People
Mahesh Vilas Mahamuni Whole-Time Director Ashok Raghavendra Dani Director Krishnanath Sharatchandra Kulkarni Director Recognitions & Rankings of Synise Technologies
Contact details
Synise Technologies Limited's registered office is in Pune, Maharashtra. Its website is synise.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressShankarrao More Soc Plno 1 Sno 1/15/2 Karvenagar Kothrud, Pune, Maharashtra, India – 411052
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Synise Technologies Limited, buy the company report.
Comprehensive company report
Synise Technologies 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
Synise Technologies operates two associated brands: Synise and Synise Technologies Ltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| It serves as a synise technologies ltd. | synise.com | |
| Procurement, supply chain, and asset management services in India. | indiaengineering.com |
Business activity
The main business activity of Synise Technologies is administrative and support service activities. In detail, this covers office administrative, office support and other business support activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Administrative and support service activities | 82 | Office administrative, office support and other business support activities |
To see the full business activity and turnover split of Synise Technologies Limited, buy the company report.
Financials of Synise Technologies Limited
FY 2026 filings availableSynise Technologies Limited reported revenue of ₹35.6 Cr (up 3% YoY) for FY 2026.
Revenue · FY 2026
₹35.6 Cr ▲ 3%
Net profit · FY 2026
₹3.75 Cr margin 10.5%
EBITDA · FY 2026
₹5.11 Cr margin 14.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 5%
5 years · compounded
▲ 21%
EBITDA CAGR growth
1 year
▲ 34%
3 years · compounded
▲ 7%
5 years · compounded
▲ 52%
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 3% growth in the latest year. EBITDA rose 34% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹35.6 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.11 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.75 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.3% | ||||
| Net Profit Margin | 10.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Synise Technologies Limited, buy the company report.
Board of directors of Synise Technologies Limited
Synise Technologies has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Vilas Mahamuni Also directs: India Engineering Private Limited | Whole-Time Director | 18 Sep 2017 | 9 Years 1 Months | Current |
| Ashok Raghavendra Dani Also directs: India Engineering Private Limited | Director | 25 May 2019 | 7 Years 5 Months | Current |
| Krishnanath Sharatchandra Kulkarni Also directs: Synise SCM LLP | Director | 18 Sep 2017 | 9 Years 1 Months | Current |
Auditor
Synise Technologies Limited is audited by JOSHI APTE & Co. for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JOSHI APTE & Co. | FY 2026 | 104370W |
Shareholding
The shareholding of Synise Technologies Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Synise Technologies Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹3.71 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Mar 2016 | 100016808 | Tamilnad Mercantile Bank Limited | ₹21 Lakh | Satisfied | |
| 06 Jun 2009 | 10163854 | Bank of Baroda | ₹2.5 Cr | Satisfied | |
| 13 Nov 2001 | 90088455 | Bank of Baroda | ₹50 Lakh | Satisfied | |
| 13 Nov 2001 | 90091709 | Bank of Baroda | ₹50 Lakh | Satisfied |
To see the full charge records of Synise Technologies Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Synise Technologies Limited has 25 court cases on record: 7 filed by Synise Technologies, 18 filed against it. 3 cases are pending and 22 are disposed.
Total cases
25
Filed by the company
7
Filed against the company
18
Pending
3
Disposed
22
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 14 | 9 | 1 |
| District courts | 11 | 9 | 2 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, Assam | Writ petition | Filed against the company by M/S. India Carbon Ltd. | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Wind World India Ltd. | Pending |
| High Court, Assam | Writ petition | Filed against the company by M/S. India Carbon Ltd | Disposed |
| High Court, Assam | Writ petition | Filed against the company by M/S. Guwahati Carbon Ltd and Anr. and 1 other | Disposed |
| District court, Kamrup Metro, Assam | Interim or miscellaneous application | Filed against the company by M/S Amkap Marketing Pvt Ltd | Disposed |
To see the full case history of Synise Technologies 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 Synise Technologies Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Synise Technologies has 1 subsidiary company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| India Engineering Private Limited | U72200PN1999PTC014259 |
To see the full group structure of Synise Technologies Limited, buy the company report.
Employees & EPFO
Synise Technologies Limited has a workforce of 218 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
218
Active EPFO establishments
1
Employee growth
3.8%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 218 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Synise Technologies Limited, buy the company report.
GST
Synise Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCA4575B1ZY | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Synise Technologies Limited, buy the company report.
Recent activity
Synise Technologies Limited has 16 board changes on record since 2008: 3 appointments and 13 cessations. The latest: Ashok Raghavendra Dani was appointed as Director on 25 May 2019.
Filing
Synise Technologies Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Pune.
AGM
Synise Technologies Limited last Annual general meeting of members was held on 21 Nov 2025 as per latest MCA records.
Charges
A charge registered on 13 Nov 2001 via Charge ID 90088455 with Bank Of Baroda was fully satisfied on 12 Apr 2023.
Charges
A charge registered on 13 Nov 2001 via Charge ID 90091709 with Bank Of Baroda was fully satisfied on 12 Apr 2023.
Charges
A charge registered on 06 Jun 2009 via Charge ID 10163854 with Bank Of Baroda was fully satisfied on 02 Jun 2022.
Charges
A charge registered on 10 Mar 2016 via Charge ID 100016808 with Tamilnad Mercantile Bank Limited was fully satisfied on 13 May 2022.
Appointed
Ashok Raghavendra Dani was appointed as Director.
Ceased
Krishnanath Sharatchandra Kulkarni ceased to be Additional Director.
Ceased
Jeewanprasad Govind Patwardhan ceased to be Director.
Appointed
Krishnanath Sharatchandra Kulkarni was appointed as Director.
Appointed
Mahesh Vilas Mahamuni was appointed as Whole-Time Director.
Ceased
Mahesh Vilas Mahamuni ceased to be Additional Director.
17 earlier events are in the company report.
Frequently asked questions
Synise Technologies is an active public limited company based in Pune, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 19 December 1997 (29+ years old) and is registered under CIN U72200PN1997PLC112581.
Synise Technologies has 3 current directors:
- Mahesh Vilas Mahamuni - Whole-Time Director
- Ashok Raghavendra Dani - Director
- Krishnanath Sharatchandra Kulkarni - Director
The latest financial statements of Synise Technologies on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 21 November 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Synise Technologies is 27AACCA4575B1ZY, registered in Maharashtra.
The CIN (Corporate Identification Number) of Synise Technologies is U72200PN1997PLC112581. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Synise Technologies has 25 court cases on record: 7 filed by the company and 18 filed against it. 3 are pending. Most are in the high courts.
Synise Technologies was incorporated on 19 December 1997, making it 29+ years old. It is registered with the Registrar of Companies, Pune.
Ashok Raghavendra Dani was appointed as Director on 25 May 2019. Krishnanath Sharatchandra Kulkarni ceased to be Additional Director on 26 Sep 2018. Jeewanprasad Govind Patwardhan ceased to be Director on 18 Sep 2017. Synise Technologies has 16 board changes on record in total.
Yes, Synise Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0146278).
Synise Technologies can be reached through the website synise.com. Its registered office is in Pune, Maharashtra, India.
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