Synthesis Equity Research Foundation Private Limited
About Synthesis Equity Research Foundation Private Limited
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Synthesis Equity Research Foundation Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 17 October 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U73100MH1996PTC103353. Its GSTIN is 27AABCS3571J1Z6 (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹27.67 Lakh. It is led by directors Vidyadhar Chandrashekar Shetty and Praween Bhagwanrao Napate.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2022, the company reported a revenue of ₹85.08 Lakh, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹7.26 Lakh (net margin 8.5%) and EBITDA of -₹77.34 Lakh (EBITDA margin -90.9%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 43% over five years.
Its group structure includes 1 subsidiary.
Court records list 9 cases involving the company, including 5 filed by the company and 4 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Synthesis Equity Research Foundation Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address401 Balarama Premises Chs. Ltd Bandra Kurla Complex Opp.Sales Tax Offic, E Bandra E, Mumbai, Maharashtra, India – 400051
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Synthesis Equity Research Foundation 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
Financials of Synthesis Equity Research Foundation Private Limited
FY 2024 filings availableSynthesis Equity Research Foundation Private Limited reported revenue of ₹85.08 Lakh (up 14% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 43% over five years, including 14% growth 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹85.08 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹77.34 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.26 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -90.9% | ||||
| Net Profit Margin | 8.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Synthesis Equity Research Foundation Private Limited, buy the company report.
Board of directors of Synthesis Equity Research Foundation Private Limited
Synthesis Equity Research Foundation has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vidyadhar Chandrashekar Shetty Also directs: Godavri Basin Agriculture Private Limited, Velwand Agro Farms Private Limited., Vinjaai Agro Farms Private Limited and 5 more | Director | 13 Aug 2018 | 8 Years 2 Months | Current |
| Praween Bhagwanrao Napate Also directs: Nittany Creative Services LLP, Synthesis Healthsoft Services & Solutions LLP, Godavri Basin Agriculture Private Limited and 5 more | Director | 17 Oct 1996 | 30 Years 0 Months | Current |
Auditor
Synthesis Equity Research Foundation Private Limited is audited by KCV & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KCV & Associates | FY 2022 | 046514 |
Shareholding
The shareholding of Synthesis Equity Research Foundation Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Synthesis Equity Research Foundation Private Limited, buy the company report.
Legal cases
Synthesis Equity Research Foundation Private Limited has 9 court cases on record: 5 filed by Synthesis Equity Research Foundation, 4 filed against it. 1 case is pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 3 | 0 |
| District courts | 3 | 1 | 1 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (R.C.C.) | Filed against the company by Prabodh Artha Sanchay Pvt.Ltd | Pending |
| Bombay High Court | Court case (S) | Filed against the company by Prabodh Artha Sanchay Pvt. Ltd. | Disposed |
| Bombay High Court | Writ petition | Filed against the company by Prabodh Artha Sanchay Pvt. Ltd. and Ors | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed by the company against M/S. Prabodh Ertha Sanchay Private Limited | Disposed |
| Bombay High Court | Court case (MCA) | Filed against the company by M/S. Prabhodh Artha Sanchay Private Limited THR. and Anr | Disposed |
To see the full case history of Synthesis Equity Research Foundation 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 Synthesis Equity Research Foundation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Synthesis Equity Research Foundation has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Synthesis Realty Private Limited. | U51900MH1997PTC109047 |
To see the full group structure of Synthesis Equity Research Foundation Private Limited, buy the company report.
GST
Synthesis Equity Research Foundation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCS3571J1Z6 | Maharashtra | Active | 18 Jan 2024 |
To see the full GST registrations and return filing status of Synthesis Equity Research Foundation Private Limited, buy the company report.
Recent activity
Synthesis Equity Research Foundation Private Limited has 5 board changes on record since 1996: 2 appointments and 3 cessations. The latest: Krishna Sahay ceased to be Director on 14 Mar 2019.
Frequently asked questions
Synthesis Equity Research Foundation is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 17 October 1996 (30+ years old) and is registered under CIN U73100MH1996PTC103353.
Synthesis Equity Research Foundation has 2 current directors:
- Vidyadhar Chandrashekar Shetty - Director
- Praween Bhagwanrao Napate - Director
The latest financial statements of Synthesis Equity Research Foundation on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Synthesis Equity Research Foundation is 27AABCS3571J1Z6, registered in Maharashtra.
The CIN (Corporate Identification Number) of Synthesis Equity Research Foundation is U73100MH1996PTC103353. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Synthesis Equity Research Foundation has 9 court cases on record: 5 filed by the company and 4 filed against it. 1 is pending. Most are in the high courts.
Synthesis Equity Research Foundation was incorporated on 17 October 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
Krishna Sahay ceased to be Director on 14 Mar 2019. Vidyadhar Chandrashekar Shetty ceased to be Additional Director on 29 Sep 2018. Vidyadhar Chandrashekar Shetty was appointed as Director on 13 Aug 2018. Synthesis Equity Research Foundation has 5 board changes on record in total.
The registered office of Synthesis Equity Research Foundation is at 401 Balarama Premises Chs. Ltd Bandra Kurla Complex Opp.Sales Tax Offic, E Bandra E, Mumbai, Maharashtra, India – 400051.
Synthesis Equity Research Foundation operates in the financial services industry, in the diversified financial services segment.
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