MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0037737
Synoverge Technologies Private Limited - information technology in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹27.71 Cr
▼ 5% YoY
Net profit · FY 2025
₹29.21 Lakh
Net margin 1.1%
EBITDA · FY 2025
₹1.23 Cr
EBITDA margin 4.4%
Authorised capital
₹35 Lakh
Registered with MCA
Paid-up capital
₹33.21 Lakh
Issued & subscribed
Open charges
₹1 Cr
Secured borrowings
Company age
16 yrs
Est. 2010
Employees · EPFO
69
Provident fund records
About Synoverge Technologies Private Limited
Data last updated:
Synoverge Technologies Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 01 April 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2010PTC060101. Its GSTIN is 24AAOCS0398A1ZF (Gujarat).
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹33.21 Lakh. It is led by directors including Prashant Arvindbhai Halari (Managing Director) and Jayanta Anil Sarkar (Whole-Time Director).
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 Thesummit 3 – Sunrisepark Sunriseparkroad Bodakdev, Ahmedabad, Gujarat, India – 380054.
As per the financials filed for FY 2025, the company reported a revenue of ₹27.71 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹29.21 Lakh (net margin 1.1%) and EBITDA of ₹1.23 Cr (EBITDA margin 4.4%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 2% over five years.
The company has about 69 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: TestKnot and Synoverge. As per MCA filings, the company has open charges of ₹1 Cr on record.
Synoverge Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0037737). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website synoverge.com.
Company details
CIN U72200GJ2010PTC060101
Registration Number 060101
Incorporation Date 01 April 2010
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0037737
Key People
Prashant Arvindbhai Halari Managing Director Jayanta Anil Sarkar Whole-Time Director Namrata Shantilal Gupta Whole-Time Director Recognitions & Rankings of Synoverge Technologies
Contact details
Synoverge Technologies Private Limited's registered office is in Ahmedabad, Gujarat. Its website is synoverge.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressThesummit 3 – Sunrisepark Sunriseparkroad Bodakdev, Ahmedabad, Gujarat, India – 380054
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Synoverge Technologies Private Limited, buy the company report.
Comprehensive company report
Synoverge Technologies 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
Synoverge Technologies operates two associated brands: TestKnot and Synoverge. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| No-code platform for efficient software test automation and QA management. | testknot.com | |
| IT services, digital transformation, and IoT solutions are provided. | synoverge.com |
Business activity
The main business activity of Synoverge Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Synoverge Technologies Private Limited, buy the company report.
Financials of Synoverge Technologies Private Limited
FY 2025 filings availableSynoverge Technologies Private Limited reported revenue of ₹27.71 Cr (down 5% YoY) for FY 2025.
Revenue · FY 2025
₹27.71 Cr ▼ 5%
Net profit · FY 2025
₹29.21 Lakh margin 1.1%
EBITDA · FY 2025
₹1.23 Cr margin 4.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 1%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▼ 53%
3 years · compounded
▼ 40%
5 years · compounded
▼ 24%
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 53% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.23 Cr | ||||
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| Net Profit (PAT) | ₹29.21 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 4.4% | ||||
| Net Profit Margin | 1.1% | ||||
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To see the full financial statements and ratios of Synoverge Technologies Private Limited, buy the company report.
Board of directors of Synoverge Technologies Private Limited
Synoverge Technologies has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashant Arvindbhai Halari Also directs: Safetracehub Technologies Private Limited | Managing Director | 01 Apr 2010 | 16 Years 6 Months | Current |
| Jayanta Anil Sarkar | Whole-Time Director | 01 Apr 2010 | 16 Years 6 Months | Current |
| Namrata Shantilal Gupta | Whole-Time Director | 01 Apr 2010 | 16 Years 6 Months | Current |
| Ritesh Dave Also directs: Morsmiles Wellness Services Private Limited | Whole-Time Director | 01 Apr 2010 | 16 Years 6 Months | Current |
Peer comparison
Synoverge Technologies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Microsemi Communications India Private Limited | ₹27.8 Cr (FY 2019) | 7.0% | Hyderabad, Telangana, India | |||
| Behind Force Tech Solution Private Limited | ₹27.78 Cr (FY 2025) | -10.0% | Chennai, Tamil Nadu, India | |||
| Kritikal Solutions Private Limited | ₹27.78 Cr (FY 2025) | 3.0% | Delhi, India | |||
| Tecknodreams Software Consulting Private Limited | ₹27.75 Cr (FY 2024) | -9.0% | Bengaluru, Karnataka, India | |||
| Magnot Consultancy Services Private Limited | ₹27.73 Cr (FY 2025) | 36.0% | Hyderabad, Telangana, India | |||
| Synoverge Technologies Private Limitedthis company | ₹27.71 Cr (FY 2025) | ₹29.21 Lakh | 1.1% | -5.0% | 69 | Ahmedabad, Gujarat, India |
| DCDR Infra Private Limited | ₹27.68 Cr (FY 2020) | 57.0% | Chennai, Tamil Nadu, India | |||
| Ionixx Technologies Private Limited | ₹27.62 Cr (FY 2025) | -9.0% | Chennai, Tamil Nadu, India | |||
| Vyshnavi Information Technologies (India)Private Limited | ₹27.61 Cr (FY 2024) | 10.0% | Bangalore, Karnataka, India | |||
| Chayowo Technology Solutions Private Limited | ₹27.58 Cr (FY 2025) | 10.0% | Kochi, Kerala, India | |||
| Dun & Bradstreet Technologies & Data Services Private Limited | ₹27.56 Cr (FY 2025) | -8.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Synoverge Technologies Private Limited, buy the company report.
Auditor
Synoverge Technologies Private Limited is audited by V.D.Shukla & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.D.Shukla & Co. | FY 2023 | 110240W |
Shareholding
The shareholding of Synoverge Technologies 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Synoverge Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Oct 2016 | 100066531 | Axis Bank Limited | ₹1 Cr | Open |
To see the full charge records of Synoverge Technologies Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Synoverge Technologies 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 Synoverge Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Synoverge Technologies Private Limited has a workforce of 69 employees on its EPFO records as of Jun 18, 2024, across 1 active EPFO establishment.
Employee count
69
Active EPFO establishments
1
Employee growth
27.78%
GST
Synoverge Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAOCS0398A1ZF | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Synoverge Technologies Private Limited, buy the company report.
Recent activity
Synoverge Technologies Private Limited has 8 board changes on record since 2010: 6 appointments and 2 cessations. The latest: Nirmala Appanna Desai ceased to be Whole-Time Director on 03 Oct 2018.
AGM
Synoverge Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Synoverge Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Nirmala Appanna Desai ceased to be Whole-Time Director.
Charges
A charge with Axis Bank Limited of Rs. 100.00 Lakh registered on 26 Oct 2016 with Charge ID 100066531 was modified on 27 Dec 2017.
Charges
A charge with Axis Bank Limited amounted to Rs. 100.00 Lakh with Charge ID 100066531 was registered on 26 Oct 2016.
Ceased
Jatin Shantilal Popat ceased to be Director.
Appointed
Jatin Shantilal Popat was appointed as Director.
Appointed
Jayanta Anil Sarkar was appointed as Whole-Time Director.
Appointed
Namrata Shantilal Gupta was appointed as Whole-Time Director.
Appointed
Nirmala Appanna Desai was appointed as Whole-Time Director.
Appointed
Prashant Arvindbhai Halari was appointed as Managing Director.
Appointed
Ritesh Dave was appointed as Whole-Time Director.
1 earlier event is in the company report.
Frequently asked questions
Synoverge Technologies is an active private limited company based in Ahmedabad, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 01 April 2010 (16+ years old) and is registered under CIN U72200GJ2010PTC060101.
Synoverge Technologies has 4 current directors:
- Prashant Arvindbhai Halari - Managing Director
- Jayanta Anil Sarkar - Whole-Time Director
- Namrata Shantilal Gupta - Whole-Time Director
- Ritesh Dave - Whole-Time Director
The latest financial statements of Synoverge Technologies 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 2015 are in the company report.
The GSTIN of Synoverge Technologies is 24AAOCS0398A1ZF, registered in Gujarat.
The CIN (Corporate Identification Number) of Synoverge Technologies is U72200GJ2010PTC060101. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Synoverge Technologies was incorporated on 01 April 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Synoverge Technologies by revenue are Microsemi Communications India Private Limited, Behind Force Tech Solution Private Limited, Kritikal Solutions Private Limited, Tecknodreams Software Consulting Private Limited, Magnot Consultancy Services Private Limited and 5 more, all in the same principal business activity (computer programming, consultancy and related activities).
Nirmala Appanna Desai ceased to be Whole-Time Director on 03 Oct 2018. Jatin Shantilal Popat ceased to be Director on 31 Mar 2012. Jatin Shantilal Popat was appointed as Director on 23 Apr 2010. Synoverge Technologies has 8 board changes on record in total.
Yes, Synoverge Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0037737).
Synoverge Technologies can be reached through the website synoverge.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Synoverge Technologies is at Thesummit 3 – Sunrisepark Sunriseparkroad Bodakdev, Ahmedabad, Gujarat, India – 380054.