Synkromax Biotech Private Limited

Synkromax Biotech Private Limited - agriculture in Thirumazhisai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U74999TN2009PTC072537 Incorporated 11 August 2009 ROC Chennai HQ Thirumazhisai, Tamil Nadu, India
Active Private Limited Company agriculture MSME · Small
Data last updated
Revenue · FY 2024
₹17.03 Cr
▲ 15% YoY
Net profit · FY 2024
₹56.64 Lakh
Net margin 3.3%
EBITDA · FY 2024
₹2.66 Cr
EBITDA margin 15.6%
Authorised capital
₹25 Cr
Registered with MCA
Paid-up capital
₹10.78 Cr
Issued & subscribed
Open charges
₹46.88 Cr
Satisfied ₹19.73 Cr
Company age
17 yrs
Est. 2009
Employees · EPFO
44
Provident fund records

About Synkromax Biotech Private Limited

Data last updated:

Synkromax Biotech Private Limited is a private limited company based in Thirumazhisai, Tamil Nadu, India. It operates in the agricultural support and advisory segment of the agriculture sector. It was incorporated on 11 August 2009 and has been in existence for over 17 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2009PTC072537. Its GSTIN is 33AANCS4183J1ZZ (Tamil Nadu). The company holds 7 GST registrations, of which 4 are active.

The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹10.78 Cr. It was formerly known as Shri Meera Biotech Private Limited. It is led by directors Subramanian Veluchamy (Managing Director) and Usha Subramanian.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Thirumazhisai, Tamil Nadu.

As per the financials filed for FY 2024, the company reported a revenue of ₹17.03 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹56.64 Lakh (net margin 3.3%) and EBITDA of ₹2.66 Cr (EBITDA margin 15.6%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 8% over five years.

The company has about 44 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: SynkroMax. As per MCA filings, the company has open charges of ₹46.88 Cr and satisfied charges of ₹19.73 Cr on record. Court records list 23 cases involving the company, including 13 filed by the company and 10 filed against it; 2 cases are pending. The company has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹5.49 Cr; the latest was in January 2015.

Synkromax Biotech Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-24-0002471). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website synkromax.com.

Company details

CIN U74999TN2009PTC072537
Registration Number 072537
Incorporation Date 11 August 2009
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-24-0002471

Recognitions & Rankings of Synkromax Biotech

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-TN-24-0002471

Contact details

Synkromax Biotech Private Limited's registered office is in Thirumazhisai, Tamil Nadu. Its website is synkromax.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Module No.26 To 31 II Floor SIDCO Multistoryed Complex SIDCO Indust, Rial Estat, Thirumazhisai, Tamil Nadu, India – 600124
  • Industry
    Agriculture, Agri Support Services

To see the full contact details of Synkromax Biotech Private Limited, buy the company report.

Comprehensive company report
Synkromax Biotech 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

Synkromax Biotech operates one associated brand: SynkroMax. Each brand links to its own profile.

BrandDescriptionWebsite
Tissue engineered products and enzymes are manufactured for various industries.synkromax.com

Business activity

The main business activity of Synkromax Biotech is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products

To see the full business activity and turnover split of Synkromax Biotech Private Limited, buy the company report.

Financials of Synkromax Biotech Private Limited

FY 2024 filings available

Synkromax Biotech Private Limited reported revenue of ₹17.03 Cr (up 15% YoY) for FY 2024.

Revenue · FY 2024
₹17.03 Cr ▲ 15%
Net profit · FY 2024
₹56.64 Lakh margin 3.3%
EBITDA · FY 2024
₹2.66 Cr margin 15.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 10%
5 years · compounded
▼ 8%
EBITDA CAGR growth
1 year
▲ 37%
3 years · compounded
▲ 22%
5 years · compounded
▼ 2%

Revenue rose 15% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 8%. EBITDA rose 37% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹2.66 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹56.64 Lakh
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin15.6%
Net Profit Margin3.3%
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 Synkromax Biotech Private Limited, buy the company report.

Board of directors of Synkromax Biotech Private Limited

Synkromax Biotech has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Usha SubramanianDirector20 Jul 20206 Years 3 MonthsCurrent
Subramanian VeluchamyManaging Director09 May 201115 Years 5 MonthsCurrent

Shareholding

The shareholding of Synkromax Biotech 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Synkromax Biotech Private Limited, buy the company report.

Charges & borrowings

Open charges
₹46.88 Cr
Satisfied charges
₹19.73 Cr
Breakdown by lending institutions
Indian Overseas Bank₹46.85 Cr
Others₹0.03 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
15 Nov 2024101003461Indian Overseas Bank₹46.85 CrOpen
23 Jan 2024100852290Others₹3 LakhOpen
12 Jan 2023100679370Bank of India₹1.18 CrSatisfied
06 Aug 2021100467512Sidbi₹1.44 CrSatisfied
30 Mar 2021100447414Bank of India₹1.41 CrSatisfied

To see the full charge records of Synkromax Biotech Private Limited, buy the company report.

Total charge records: 9 View all charges

Deals & funding

Synkromax Biotech Private Limited has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹5.49 Cr; the latest was in January 2015.

Total deals
4
Funding rounds
3
Secondary share transfer
1
Disclosed funding
₹5.49 Cr

Deals on record (4 of 4)

WhenDealAmountParties
Jan 2015Funding round₹3.25 CrInvestors: an individual
Feb 2014Funding round₹1.5 CrInvestors: 3 individuals
Mar 2012Secondary share transferUndisclosedBuyer: an individual
Seller: 3 individuals
Dec 2011Funding round₹74 LakhInvestors: 3 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Synkromax Biotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Synkromax Biotech Private Limited has a workforce of 44 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
44
Active EPFO establishments
1
Employee growth
-18.52%

GST

Synkromax Biotech has 7 GST registrations: 4 active and 3 cancelled or inactive.

Total GSTINs
7
Active
4
Cancelled / inactive
3
GSTINStateStatusRegistered on
33AANCS4183J1ZZTamil NaduActive01 Jul 2017
08AANCS4183J1ZSRajasthanActive01 Jul 2017
27AANCS4183J1ZSMaharashtraActive01 Jul 2017
29AANCS4183J2ZNKarnatakaActive17 Jun 2022

To see the full GST registrations and return filing status of Synkromax Biotech Private Limited, buy the company report.

Recent activity

Synkromax Biotech Private Limited has 8 board changes on record since 2011: 2 appointments and 6 cessations. The latest: Subramanian Veluchamy ceased to be Director on 26 Aug 2022.

Charges
A charge with Indian Overseas Bank of Rs. 46.85 Cr registered on 15 Nov 2024 with Charge ID 101003461 was modified on 02 Dec 2024.
Charges
A charge registered on 12 Jan 2023 via Charge ID 100679370 with Bank Of India was fully satisfied on 28 Nov 2024.
Charges
A charge registered on 30 Mar 2021 via Charge ID 100447414 with Bank Of India was fully satisfied on 28 Nov 2024.
Charges
A charge registered on 27 Mar 2020 via Charge ID 100335711 with Bank Of India was fully satisfied on 28 Nov 2024.
Charges
A charge registered on 09 Jan 2012 via Charge ID 10333712 with Bank Of India was fully satisfied on 28 Nov 2024.
Charges
A charge with Indian Overseas Bank amounted to Rs. 46.85 Cr with Charge ID 101003461 was registered on 15 Nov 2024.
AGM
Synkromax Biotech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Synkromax Biotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge with Others amounted to Rs. 0.03 Cr with Charge ID 100852290 was registered on 23 Jan 2024.
Charges
A charge with Bank Of India amounted to Rs. 1.18 Cr with Charge ID 100679370 was registered on 12 Jan 2023.
Charges
A charge registered on 06 Aug 2021 via Charge ID 100467512 with Sidbi was fully satisfied on 11 Oct 2022.
Charges
A charge registered on 27 May 2020 via Charge ID 100338267 with Sidbi was fully satisfied on 11 Oct 2022.

17 earlier events are in the company report.

Frequently asked questions

Synkromax Biotech is an active private limited company based in Thirumazhisai, Tamil Nadu, India. The company works in agri support services, within the agriculture industry. It was incorporated on 11 August 2009 (17+ years old) and is registered under CIN U74999TN2009PTC072537.

Synkromax Biotech has 2 current directors:

The latest financial statements of Synkromax Biotech on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Synkromax Biotech is 33AANCS4183J1ZZ, registered in Tamil Nadu. The company has 7 GST registrations in all, of which 4 are active and 3 are cancelled or inactive. Other active GSTINs include 08AANCS4183J1ZS (Rajasthan), 27AANCS4183J1ZS (Maharashtra), 29AANCS4183J2ZN (Karnataka).

The CIN (Corporate Identification Number) of Synkromax Biotech is U74999TN2009PTC072537. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Synkromax Biotech has 23 court cases on record: 13 filed by the company and 10 filed against it. 2 are pending. Most are in the district courts.

Synkromax Biotech was incorporated on 11 August 2009, making it 17+ years old. It is registered with the Registrar of Companies, Chennai.

Synkromax Biotech has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹5.49 Cr; the latest was in January 2015.

Subramanian Veluchamy ceased to be Director on 26 Aug 2022. Usha Subramanian was appointed as Director on 20 Jul 2020. Seshadri ceased to be Whole-Time Director on 14 Jun 2020. Synkromax Biotech has 8 board changes on record in total.

Yes, Synkromax Biotech is registered as a small enterprise under Udyam registration (number: UDYAM-TN-24-0002471).