MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-20-0027534
Synnex Industries Private Limited
Synnex Industries Private Limited - machinery and equipment in Gondal, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹5.28 Cr
▲ 150% YoY
Net profit · FY 2024
₹15.83 Lakh
Net margin 3%
EBITDA · FY 2024
₹94.99 Lakh
EBITDA margin 18%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹1.74 Cr
Issued & subscribed
Open charges
₹5.33 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Directors on board
3
As per MCA filings
About Synnex Industries Private Limited
Data last updated:
Synnex Industries Private Limited is a private limited company based in Gondal, Gujarat, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 04 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2018PTC103878. Its GSTIN is 24ABACS7582F1Z9 (Gujarat).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.74 Cr. It is led by directors including Paras Pravinbhai Poshiya and Jagdish Bavanjibhai Desai.
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 Bhd. Shrinathji Ind. Area Gundasara Gondal 360311, Gujarat, India – 360311.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.28 Cr, a growth of 150% compared to the previous year. For the same year it recorded a net profit of ₹15.83 Lakh (net margin 3%) and EBITDA of ₹94.99 Lakh (EBITDA margin 18%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 76% over five years.
As per MCA filings, the company has open charges of ₹5.33 Cr on record.
Synnex Industries Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0027534).
Company details
CIN U74999GJ2018PTC103878
Registration Number 103878
Incorporation Date 04 September 2018
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-GJ-20-0027534
Key People
Paras Pravinbhai Poshiya Director Jagdish Bavanjibhai Desai Director Ripuben Jagdish Desai Additional Director Recognitions & Rankings of Synnex Industries
Contact details
Synnex Industries Private Limited's registered office is in Gondal, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBhd. Shrinathji Ind. Area Gundasara Gondal 360311, Gujarat, India – 360311
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment, Industrial Machine Tools
To see the full contact details of Synnex Industries Private Limited, buy the company report.
Comprehensive company report
Synnex Industries 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Synnex Industries is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Synnex Industries Private Limited, buy the company report.
Financials of Synnex Industries Private Limited
FY 2025 filings availableSynnex Industries Private Limited reported revenue of ₹5.28 Cr (up 150% YoY) for FY 2024.
Revenue · FY 2024
₹5.28 Cr ▲ 150%
Net profit · FY 2024
₹15.83 Lakh margin 3%
EBITDA · FY 2024
₹94.99 Lakh margin 18%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 150%
3 years · compounded
▼ 2%
5 years · compounded
▲ 76%
EBITDA CAGR growth
1 year
▲ 446%
3 years · compounded
▲ 129%
Revenue has grown at a compounded annual rate (CAGR) of 76% over five years, including 150% growth in the latest year. EBITDA rose 446% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹94.99 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹15.83 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18% | ||||
| Net Profit Margin | 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 Synnex Industries Private Limited, buy the company report.
Board of directors of Synnex Industries Private Limited
Synnex Industries has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Paras Pravinbhai Poshiya | Director | 04 Sep 2018 | 8 Years 2 Months | Current |
| Jagdish Bavanjibhai Desai | Director | 04 Sep 2018 | 8 Years 2 Months | Current |
| Ripuben Jagdish Desai | Additional Director | 06 Nov 2025 | 1 Years 0 Months | Current |
Peer comparison
Synnex Industries Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| A. K. Balls and Rollers Private Limited | ₹5.3 Cr (FY 2025) | 12.0% | Lothada, Gujarat, India | |||
| Vinayaka Shot Private Limited | ₹5.3 Cr (FY 2024) | -7.0% | Indore, Madhya Pradesh, India | |||
| Chandana Castings Private Limited | ₹5.3 Cr (FY 2025) | -1.0% | Kallakal Village, Telangana, India | |||
| Shree Ram Seamless Private Limited | ₹5.28 Cr (FY 2025) | 7440.0% | Bhilai, Chhattisgarh, India | |||
| Akhawat Industries Private Limited | ₹5.28 Cr (FY 2024) | 30.0% | Ahmedabad, Gujarat, India | |||
| Synnex Industries Private Limitedthis company | ₹5.28 Cr (FY 2024) | ₹15.83 Lakh | 3% | 150.0% | Gondal, Gujarat, India | |
| Chennai Sakthi Steel Products Private Limited | ₹5.28 Cr (FY 2024) | -7.0% | Chennai, Tamil Nadu, India | |||
| Magnetar Technocast Private Limited | ₹5.28 Cr (FY 2022) | 62.0% | Rajkot, Gujarat, India | |||
| Jind Industrial and Manufacturing Works Private Limited | ₹5.27 Cr (FY 2025) | -36.0% | Jamshedpur, Jharkhand, India | |||
| Steel Foundry Industries Private Limited | ₹5.27 Cr (FY 2017) | -12.0% | Jamshedpur, Jharkhand, India | |||
| Spare Autotech Private Limited | ₹5.27 Cr (FY 2025) | 8.0% | Rajkot, Gujarat, India |
To see the full peer comparison of Synnex Industries Private Limited, buy the company report.
Auditor
Synnex Industries Private Limited is audited by RADIA & SODHA for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RADIA & SODHA | FY 2020 | 152434W |
Shareholding
The shareholding of Synnex Industries Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Synnex Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5.33 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Oct 2019 | 100298145 | Others | ₹5.33 Cr | Open |
To see the full charge records of Synnex Industries Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Synnex Industries Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Synnex Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Synnex Industries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24ABACS7582F1Z9 | Gujarat | Active | 01 Nov 2018 |
To see the full GST registrations and return filing status of Synnex Industries Private Limited, buy the company report.
Recent activity
Synnex Industries Private Limited has 3 board changes on record since 2018: 3 appointments. The latest: Ripuben Jagdish Desai was appointed as Additional Director on 06 Nov 2025.
Appointed
Ripuben Jagdish Desai was appointed as Additional Director.
AGM
Synnex Industries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Synnex Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 5.33 Cr registered on 07 Oct 2019 with Charge ID 100298145 was modified on 11 Feb 2025.
Charges
A charge with Others amounted to Rs. 5.33 Cr with Charge ID 100298145 was registered on 07 Oct 2019.
Appointed
Jagdish Bavanjibhai Desai was appointed as Director.
Appointed
Paras Pravinbhai Poshiya was appointed as Director.
Incorporation
04 Sep 2018
Synnex Industries Private Limited was registered on 04 Sep 2018 with Roc Ahmedabad & aged 8 years 2 months as per MCA records.
Frequently asked questions
Synnex Industries is an active private limited company based in Gondal, Gujarat, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 04 September 2018 (8+ years old) and is registered under CIN U74999GJ2018PTC103878.
Synnex Industries has 3 current directors:
- Paras Pravinbhai Poshiya - Director
- Jagdish Bavanjibhai Desai - Director
- Ripuben Jagdish Desai - Additional Director
The latest financial statements of Synnex Industries 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 FY 2019 are in the company report.
The GSTIN of Synnex Industries is 24ABACS7582F1Z9, registered in Gujarat.
The CIN (Corporate Identification Number) of Synnex Industries is U74999GJ2018PTC103878. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Synnex Industries was incorporated on 04 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Synnex Industries by revenue are A. K. Balls and Rollers Private Limited, Vinayaka Shot Private Limited, Chandana Castings Private Limited, Shree Ram Seamless Private Limited, Akhawat Industries Private Limited and 5 more, all in the same principal business activity (metal and metal products).
Ripuben Jagdish Desai was appointed as Additional Director on 06 Nov 2025. Jagdish Bavanjibhai Desai was appointed as Director on 04 Sep 2018. Paras Pravinbhai Poshiya was appointed as Director on 04 Sep 2018.
Yes, Synnex Industries is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-20-0027534).
The registered office of Synnex Industries is at Bhd. Shrinathji Ind. Area Gundasara Gondal 360311, Gujarat, India – 360311.
Synnex Industries operates in the machinery and equipment industry, in the process machinery and industrial equipment segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages