Synoptek India Private Limited

Synoptek India Private Limited - information technology in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U72200GJ1997PTC043461 Incorporated 03 February 1997 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company information technology MSME
Data last updated
Revenue · FY 2023
₹111.25 Cr
▲ 38% YoY
Net profit · FY 2023
₹18.91 Cr
Net margin 17%
EBITDA · FY 2023
₹26.66 Cr
EBITDA margin 24%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹11.34 Lakh
Issued & subscribed
Satisfied charges
₹10.09 Cr
No open charges
Company age
29 yrs
Est. 1997
Employees · EPFO
434
Provident fund records

About Synoptek India Private Limited

Data last updated:

Synoptek India Private Limited is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Synoptek Llc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 03 February 1997 and has been in existence for over 29 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ1997PTC043461. Its GSTIN is 24AAACI6432R1Z9 (Gujarat). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹11.34 Lakh. It was formerly known as Indusa Infotech Services Private Limited. It is led by directors including Timothy James Britt and Salil Godika.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Mondeal Heights B Block 1st Floor Besides Novotel S. G. Road, Ahmedabad, Gujarat, India – 380015.

As per the financials filed for FY 2023, the company reported a revenue of ₹111.25 Cr, a growth of 38% compared to the previous year. For the same year it recorded a net profit of ₹18.91 Cr (net margin 17%) and EBITDA of ₹26.66 Cr (EBITDA margin 24%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 27% over five years.

The company has about 434 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Synoptek. As per MCA filings, the company has satisfied charges of ₹10.09 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹3.41 Cr; the latest was in July 2018.

Synoptek India Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0021687). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website synoptek.com.

Company details

CIN U72200GJ1997PTC043461
Registration Number 043461
Incorporation Date 03 February 1997
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Parent Company Synoptek Llc
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-GJ-01-0021687

CIN history

Synoptek India has one previous CIN (Corporate Identification Number): U72200GJ2004PTC043461. The current CIN is U72200GJ1997PTC043461, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U72200GJ1997PTC043461Current
U72200GJ2004PTC043461Previous

Recognitions & Rankings of Synoptek India

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-GJ-01-0021687

Contact details

Synoptek India Private Limited's registered office is in Ahmedabad, Gujarat. Its website is synoptek.com. Its e-mail address is in the company report.

  • Email
  • Social Media
  • Registered Address
    Mondeal Heights B Block 1st Floor Besides Novotel S. G. Road, Ahmedabad, Gujarat, India – 380015
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Synoptek India Private Limited, buy the company report.

Comprehensive company report
Synoptek India 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

Synoptek India operates one associated brand: Synoptek. Each brand links to its own profile.

BrandDescriptionWebsite
IT management services and infrastructure support are provided to organizations.synoptek.com

Business activity

The main business activity of Synoptek India is information and communication. In detail, this covers other information & communication service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other information & communication service activities

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

Financials of Synoptek India Private Limited

FY 2023 filings available

Synoptek India Private Limited reported revenue of ₹111.25 Cr (up 38% YoY) for FY 2023.

Revenue · FY 2023
₹111.25 Cr ▲ 38%
Net profit · FY 2023
₹18.91 Cr margin 17%
EBITDA · FY 2023
₹26.66 Cr margin 24%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 38%
3 years · compounded
▲ 30%
5 years · compounded
▲ 27%
EBITDA CAGR growth
1 year
▲ 66%
3 years · compounded
▲ 54%
5 years · compounded
▲ 19%

Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 38% growth in the latest year. EBITDA rose 66% 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 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
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₹26.66 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹18.91 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin24%
Net Profit Margin17%
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 Synoptek India Private Limited, buy the company report.

Board of directors of Synoptek India Private Limited

Synoptek India has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Timothy James BrittDirector12 Oct 20188 Years 0 MonthsCurrent
Salil GodikaDirector08 Dec 20214 Years 10 MonthsCurrent
Darshan Madhukant KamdarDirector26 May 20251 Years 5 MonthsCurrent

Auditor

Synoptek India Private Limited is audited by TALATI & TALATI for the financial year 2021.

Auditor firmFinancial yearFirm registration number
TALATI & TALATIFY 2021110758W

Shareholding

The shareholding of Synoptek India Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2019FY 2018FY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Synoptek India Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹10.09 Cr
Breakdown by lending institutions
Others₹9.99 Cr
Kotak Mahindra Bank Limited₹0.10 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Mar 2016100020100Others₹9.99 CrSatisfied
26 Feb 201610623405Kotak Mahindra Bank Limited₹10 LakhSatisfied

To see the full charge records of Synoptek India Private Limited, buy the company report.

Total charge records: 2 View all charges

Deals & funding

Synoptek India Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹3.41 Cr; the latest was in July 2018.

Total deals
3
Secondary share transfers
2
Funding round
1
Disclosed funding
₹3.41 Cr

Deals on record (3 of 3)

WhenDealAmountParties
Jul 2018Secondary share transferUndisclosedBuyer: Synoptek Holding Co, Synoptek LLC
Seller: Indusa Technical Corporation, an individual
Jul 2018Secondary share transferUndisclosedBuyer: Indusa Technical Corporation, an individual
Seller: 4 individuals
Jul 2018Funding round₹3.41 CrInvestors: Indusa Technical Corporation

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 Synoptek India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Synoptek India Private Limited has a workforce of 434 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
434
Active EPFO establishments
1
Employee growth
16.98%

GST

Synoptek India has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
24AAACI6432R1Z9GujaratActive01 Jul 2017
27AAACI6432R1Z3MaharashtraActive01 Jul 2017

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

Recent activity

Synoptek India Private Limited has 10 board changes on record since 2018: 3 appointments and 7 cessations. The latest: Darshan Madhukant Kamdar ceased to be Additional Director on 29 Sep 2025.

Ceased
Darshan Madhukant Kamdar ceased to be Additional Director.
Appointed
Darshan Madhukant Kamdar was appointed as Director.
AGM
Synoptek India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Synoptek India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
Ceased
Salil Godika ceased to be Additional Director.
Ceased
Govind Madanlal Gupta ceased to be Director.
Appointed
Salil Godika was appointed as Director.
Ceased
Kamlesh Shah ceased to be Director.
Appointed
Timothy James Britt was appointed as Director.
Ceased
Timothy James Britt ceased to be Additional Director.
Ceased
Dinaben Shah ceased to be Director.
Ceased
Ramesh Bhailalbhai Patel ceased to be Director.

5 earlier events are in the company report.

Frequently asked questions

Synoptek India is an active private limited company based in Ahmedabad, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 03 February 1997 (29+ years old) and is registered under CIN U72200GJ1997PTC043461.

Synoptek India has 3 current directors:

The latest financial statements of Synoptek India on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.

The GSTIN of Synoptek India is 24AAACI6432R1Z9, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAACI6432R1Z3 (Maharashtra).

The CIN (Corporate Identification Number) of Synoptek India is U72200GJ1997PTC043461. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Synoptek India has 2 court cases on record: 2 filed by the company.

Synoptek India was incorporated on 03 February 1997, making it 29+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Synoptek India has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹3.41 Cr; the latest was in July 2018.

Darshan Madhukant Kamdar ceased to be Additional Director on 29 Sep 2025. Darshan Madhukant Kamdar was appointed as Director on 26 May 2025. Salil Godika ceased to be Additional Director on 29 Sep 2022. Synoptek India has 10 board changes on record in total.

Yes, Synoptek India is registered as an MSME under Udyam registration (number: UDYAM-GJ-01-0021687).