Syntec Solar Solutions Private Limited
About Syntec Solar Solutions Private Limited
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Syntec Solar Solutions Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the electrical equipment manufacturing segment of the electrical equipment sector. It was incorporated on 27 August 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31900GJ2012PTC071706. Its GSTIN is 24AARCS9934P1Z9 (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Darshan Bharatbhai Gajjar and Bharatbhai Thakordas Gajjar.
Its last annual general meeting (AGM) was held on 17 August 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at B – 99 Parasnagar Opp. Divya Nayan School Ramnagar, Surat, Gujarat, India – 395009.
As per the financials filed for FY 2022, the company reported a revenue of ₹5.32 Lakh, a growth of 63% compared to the previous year. For the same year it recorded a net profit of ₹38,030 (net margin 7.1%) and EBITDA of ₹84,356 (EBITDA margin 15.8%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years.
Court records list 10 cases involving the company, including 10 filed against it; 7 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Syntec Solar Solutions Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – 99 Parasnagar Opp. Divya Nayan School Ramnagar, Surat, Gujarat, India – 395009
- IndustryElectrical, Electrical Equipment, General Purpose And Special Purpose Machinery & Equipment, Transport Equipment
To see the full contact details of Syntec Solar Solutions Private Limited, buy the company report.
- 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
Business activity
The main business activity of Syntec Solar Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Syntec Solar Solutions Private Limited, buy the company report.
Financials of Syntec Solar Solutions Private Limited
FY 2022 filings availableSyntec Solar Solutions Private Limited reported revenue of ₹5.32 Lakh (up 63% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 35% over three years, including 63% growth in the latest year. EBITDA rose 247% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹84,356 | ||||
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| Net Profit (PAT) | ₹38,030 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | 15.8% | ||||
| Net Profit Margin | 7.1% | ||||
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To see the full financial statements and ratios of Syntec Solar Solutions Private Limited, buy the company report.
Board of directors of Syntec Solar Solutions Private Limited
Syntec Solar Solutions has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Darshan Bharatbhai Gajjar | Director | 22 Feb 2021 | 5 Years 8 Months | Current |
| Bharatbhai Thakordas Gajjar | Director | 01 Jul 2022 | 4 Years 3 Months | Current |
Peer comparison
Syntec Solar Solutions Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Proceptual Media Private Limited | ₹5.33 Lakh (FY 2024) | -70.0% | Chandigarh, India | |||
| Merchantz World Softworkz Private Limited | ₹5.33 Lakh (FY 2025) | 257.0% | Panchkula, Haryana, India | |||
| Epmtech Consulting Solution Private Limited | ₹5.33 Lakh (FY 2024) | Bhopal, Madhya Pradesh, India | ||||
| La Destino Softways Private Limited | ₹5.33 Lakh (FY 2022) | 22.0% | Pune, Maharashtra, India | |||
| White Eagle Tech Solutions Private Limited | ₹5.33 Lakh (FY 2016) | Thane, Maharashtra, India | ||||
| Syntec Solar Solutions Private Limitedthis company | ₹5.32 Lakh (FY 2022) | ₹38,030 | 7.1% | 63.0% | Surat, Gujarat, India | |
| Hepta Enterprises Private Limited | ₹5.32 Lakh (FY 2019) | 93.0% | Chennai, Tamil Nadu, India | |||
| Triominds Media Private Limited | ₹5.32 Lakh (FY 2025) | 14.0% | Agra, Uttar Pradesh, India | |||
| Qkopy Online Services Private Limited | ₹5.32 Lakh (FY 2022) | -72.0% | Kozhikode, Kerala, India |
To see the full peer comparison of Syntec Solar Solutions Private Limited, buy the company report.
Auditor
Syntec Solar Solutions Private Limited is audited by THACKERBUTALADESAI for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| THACKERBUTALADESAI | FY 2017 | 110864W |
Shareholding
The shareholding of Syntec Solar Solutions Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Syntec Solar Solutions Private Limited, buy the company report.
Legal cases
Syntec Solar Solutions Private Limited has 10 court cases on record: 10 filed against it. 7 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 10 | 7 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
To see the full case history of Syntec Solar Solutions Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Syntec Solar Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Syntec Solar Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AARCS9934P1Z9 | Gujarat | Active | 02 Jan 2018 |
To see the full GST registrations and return filing status of Syntec Solar Solutions Private Limited, buy the company report.
Recent activity
Syntec Solar Solutions Private Limited has 7 board changes on record since 2021: 2 appointments and 5 cessations. The latest: Bharatbhai Thakordas Gajjar ceased to be Additional Director on 17 Aug 2022.
Frequently asked questions
Syntec Solar Solutions is an active private limited company based in Surat, Gujarat, India. The company works in electrical equipment, within the electrical industry. It was incorporated on 27 August 2012 (14+ years old) and is registered under CIN U31900GJ2012PTC071706.
Syntec Solar Solutions has 2 current directors:
- Darshan Bharatbhai Gajjar - Director
- Bharatbhai Thakordas Gajjar - Director
The latest financial statements of Syntec Solar Solutions on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 17 August 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Syntec Solar Solutions is 24AARCS9934P1Z9, registered in Gujarat.
The CIN (Corporate Identification Number) of Syntec Solar Solutions is U31900GJ2012PTC071706. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Syntec Solar Solutions has 10 court cases on record: 10 filed against it. 7 are pending.
Syntec Solar Solutions was incorporated on 27 August 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Syntec Solar Solutions by revenue are Proceptual Media Private Limited, Merchantz World Softworkz Private Limited, Epmtech Consulting Solution Private Limited, La Destino Softways Private Limited, White Eagle Tech Solutions Private Limited and 3 more, all in the same principal business activity (other professional, scientific and technical activities).
Bharatbhai Thakordas Gajjar ceased to be Additional Director on 17 Aug 2022. Ashokbhai Thakorbhai Gajjar ceased to be Director on 05 Jul 2022. Bharatbhai Thakordas Gajjar was appointed as Director on 01 Jul 2022. Syntec Solar Solutions has 7 board changes on record in total.
The registered office of Syntec Solar Solutions is at B – 99 Parasnagar Opp. Divya Nayan School Ramnagar, Surat, Gujarat, India – 395009.
Syntec Solar Solutions operates in the electrical industry, in the electrical equipment segment.