Synnova Gears & Transmissions Private Limited - Company Profile

It is a automotive private limited company based in Gondal, Gujarat, India, established in 2010.
2010 Gondal, Gujarat, India Active
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About Synnova Gears & Transmissions Private Limited

Synnova Gears & Transmissions Private Limited, a active private limited company, was established on 15 September 2010 in Gondal, Gujarat, India. Engaging in auto parts & components within the manufacturing sector, it holds CIN: U35990GJ2010PTC062318. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹55.00 Cr and a paid-up capital of ₹26.53 Cr.

It upholds a compliant status. Employing 1,471 professional, Its leadership includes Kantilal Chhaganbhai Chovatia (Director), Pankajkumar Maganlal Babaria (Director), Suresh Kadvabhai Vekariya (Managing Director). Past directors included Manjeetkaur Hardyalsinh Kumari, Suresh Kadvabhai Vekariya, Dharmikbhai Ripinbhai Solanki. It holds ₹178.74 Cr open charges and ₹123.72 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Survey No.83/P1, Rajkot Gondal N.H.27 Near Toll Plaza,Village Pipalia,Tal.Gond, Al, Gondal, Gujarat, 360311.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U35990GJ2010PTC062318

  • Registration Number

    062318

  • Incorporation Date

    15 September 2010

  • Authorized Capital

    ₹55.00 Cr

  • Paid-Up Capital

    ₹26.53 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 55.00 Cr
  • Paid Up Capital ₹ 26.53 Cr
  • Company Age 15 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 178.74 Cr
  • Satisfied Charges ₹ 123.72 Cr
  • Revenue Growth **** 32.12%
  • Profit Growth **** 23.81%
  • Ebitda **** 28.81%
  • Net Worth 18.69%
  • Total Assets **** 34.75%
Company report

Synnova Gears & Transmissions Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Synnova Gears & Transmissions Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Synnova Gears & Transmissions Private Limited?
Current Directors
Name Designation Appointment Date Status
Kantilal Chhaganbhai Chovatia Director 15 Sep 2010 Current
Pankajkumar Maganlal Babaria Director 15 Sep 2010 Current
Suresh Kadvabhai Vekariya Managing Director 15 Sep 2010 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Company Secretary - Past
Pramod Abcsdd Director 01 Apr 2013 Past
Pramod Abcsdd Company Secretary - Past

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Financial Performance of Synnova Gears & Transmissions.

Synnova Gears & Transmissions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 32.12% increase. The company also saw a substantial improvement in profitability, with a 23.81% increase in profit. The company's net worth Soared by an impressive increase of 18.69%.

Synnova Gears & Transmissions revenue growth over time
Synnova Gears & Transmissions profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 32.12%
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Revenue from Operations
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 31.42%
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Total Assets
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 34.75%
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Profit or Loss
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 23.81%
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Net Worth
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 18.69%
*******
*******
*******
*******
EBITDA
*******
 28.81%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Synnova Gears & Transmissions?

In 2023, Synnova Gears & Transmissions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹1,787,430,759.00

Satisfied Charges

₹1,237,153,498.00

Charges Breakdown by Lending Institutions
  • Others : 79.13 Cr
  • Axis Bank Limited : 56.79 Cr
  • Tata Capital Financial Services Limited : 42.78 Cr
  • Hdfc Bank Limited : 0.04 Cr
Latest Charge Details
Date Lender Amount Status
05 Aug 2024 Others ₹10.00 Cr Open
29 Aug 2023 Axis Bank Limited ₹1.79 M Open
29 Aug 2023 Axis Bank Limited ₹5.80 M Open
27 Jul 2023 Tata Capital Financial Services Limited ₹10.90 Cr Open
27 Mar 2023 Others ₹4.09 Cr Open

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How Many Employees Work at Synnova Gears & Transmissions?

Synnova Gears & Transmissions has a workforce of 1471 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Synnova Gears & Transmissions, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Synnova Gears & Transmissions's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Synnova Gears & Transmissions
Recent Activity within the Organization
  • Charges

    The activity A charge with Others of Rs. 10.00 Cr registered on 05 Aug 2024 with Charge ID 100959764 was modified on 25 Oct 2024. was completed.

  • Annual General Meeting

    Progress on Synnova Gears & Transmissions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Charges

    The activity A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100959764 was registered on 05 Aug 2024. was completed.

  • Charges

    Progress on A charge with Others of Rs. 60.59 Cr registered on 30 Nov 2019 with Charge ID 100310009 was modified on 21 May 2024. was documented.

  • Charges

    A charge registered on 13 Aug 2014 via Charge ID 10521212 with Mahindra And Mahindra Financial Services Limited was fully satisfied on 03 May 2024. was recorded as a recent event.

  • Charges

    A charge with Axis Bank Limited of Rs. 55.48 Cr registered on 01 May 2019 with Charge ID 100263325 was modified on 01 May 2024. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Synnova Gears & Transmissions Private Limited?

The CIN of Synnova Gears & Transmissions Private Limited is U35990GJ2010PTC062318.

Where is Synnova Gears & Transmissions Private Limited headquartered?

Synnova Gears & Transmissions Private Limited is headquartered at Survey No.83/P1, Rajkot Gondal N.H.27 Near Toll Plaza,Village Pipalia,Tal.Gond, Al, Gondal, Gujarat, 360311.

When was Synnova Gears & Transmissions Private Limited incorporated?

Synnova Gears & Transmissions Private Limited was incorporated on 15 September 2010.

Who are the current directors of Synnova Gears & Transmissions Private Limited?

The current directors of Synnova Gears & Transmissions Private Limited are

What is the primary industry of Synnova Gears & Transmissions Private Limited?

The primary industry of Synnova Gears & Transmissions Private Limited is Manufacturing.

Is Synnova Gears & Transmissions Private Limited a listed company?

Synnova Gears & Transmissions Private Limited is unlisted.

What is the capital structure of Synnova Gears & Transmissions Private Limited?

The authorized capital of Synnova Gears & Transmissions Private Limited is ₹55.00 Cr, and the paid-up capital is ₹26.53 Cr.

What is the compliance status of Synnova Gears & Transmissions Private Limited?

The compliance status of Synnova Gears & Transmissions Private Limited is Compliant.

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