Synthesis Home Textiles Private Limited - Company Profile

It is a consumer goods private limited company based in Karur Taluk Karur District, Tamil Nadu, India, established in 2005.
2005 Karur Taluk Karur District, Tamil Nadu, India Active
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About Synthesis Home Textiles Private Limited

Synthesis Home Textiles Private Limited, a active private limited company, was established on 07 December 2005 in Karur Taluk Karur District, Tamil Nadu, India. Engaging in home furnishings manufacturing within the manufacturing sector, it holds CIN: U17111TN2005PTC058245. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹16.50 Cr and a paid-up capital of ₹5.00 Cr.

It upholds a compliant status. Employing 187 professional, Its leadership includes Shanmugasundaram Madhu (Managing Director), Palanisamy Sudhakar (Managing Director), Sandya Sudhakar (Whole-Time Director). Past directors included Shanmugasundaram Madhu, Palanisamy Sudhakar, Sabitha Dayashanker. It holds ₹42.00 Cr open charges and ₹31.62 Cr settled loans. Its latest AGM occurred on 20 September 2024, with the balance sheet filed on 31 March 2024. It is based at Plot No 69-74 Sidco Industrialestate Salem Bye Pass Road Athur Vennamalai Post, Karur Taluk Karur District, Tamil Nadu, 639006.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U17111TN2005PTC058245

  • Registration Number

    058245

  • Incorporation Date

    07 December 2005

  • Authorized Capital

    ₹16.50 Cr

  • Paid-Up Capital

    ₹5.00 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 16.50 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 20 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 42.00 Cr
  • Satisfied Charges ₹ 31.62 Cr
  • Revenue Growth **** -42.67%
  • Profit Growth **** -82.82%
  • Ebitda **** -81.47%
  • Net Worth 2.24%
  • Total Assets -9.36%
Company report

Synthesis Home Textiles Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Synthesis Home Textiles 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 Synthesis Home Textiles Private Limited?
Current Directors
Name Designation Appointment Date Status
Shanmugasundaram Madhu Managing Director 07 Dec 2005 Current
Palanisamy Sudhakar Managing Director 07 Dec 2005 Current
Sandya Sudhakar Whole-Time Director 07 Dec 2005 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Managing Director 30 Sep 2019 Past
Pramod Abcsdd Managing Director 30 Sep 2019 Past
Pramod Abcsdd Director 31 May 2010 Past
Pramod Abcsdd Whole-Time Director 30 Sep 2019 Past
Pramod Abcsdd Director 12 May 2009 Past
Pramod Abcsdd Director 07 Jan 2009 Past

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Financial Performance of Synthesis Home Textiles.

Synthesis Home Textiles Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 42.67% decrease. The company also saw a substantial fall in profitability, with a 82.82% decrease in profit. The company's net worth moved up by a moderate rise of 2.24%.

Synthesis Home Textiles revenue growth over time
Synthesis Home Textiles 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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 -42.67%
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Revenue from Operations
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 -43.31%
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Total Assets
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 -9.36%
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Profit or Loss
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 -82.82%
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Net Worth
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 2.24%
*******
*******
*******
*******
EBITDA
*******
 -81.47%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Synthesis Home Textiles?

In 2023, Synthesis Home Textiles 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

₹420,000,000.00

Satisfied Charges

₹316,180,000.00

Charges Breakdown by Lending Institutions
  • Axis Bank Limited : 42.00 Cr
Latest Charge Details
Date Lender Amount Status
13 May 2021 Axis Bank Limited ₹42.00 Cr Open
18 Jun 2013 Canara Bank ₹1.68 M Satisfied
25 Aug 2007 Indian Bank ₹3.00 Cr Satisfied
24 Aug 2007 Small Industries Development Bank Of India ₹4.50 Cr Satisfied
23 Feb 2006 Small Industries Development Bank Of India ₹1.65 Cr Satisfied

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How Many Employees Work at Synthesis Home Textiles?

Synthesis Home Textiles has a workforce of 187 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 Synthesis Home Textiles, 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 Synthesis Home Textiles'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 Synthesis Home Textiles
Recent Activity within the Organization
  • Annual General Meeting

    The activity Synthesis Home Textiles Private Limited last Annual general meeting of members was held on 20 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Synthesis Home Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was completed.

  • Charges

    Progress on A charge registered on 18 Jun 2013 via Charge ID 10442109 with Canara Bank was fully satisfied on 29 Sep 2021. was documented.

  • Charges

    The activity A charge registered on 08 Feb 2006 via Charge ID 80017145 with Others was fully satisfied on 29 Sep 2021. was completed.

  • Charges

    The activity A charge with Axis Bank Limited of Rs. 42.00 Cr registered on 13 May 2021 with Charge ID 100446531 was modified on 27 Sep 2021. was completed.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 42.00 Cr with Charge ID 100446531 was registered on 13 May 2021. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Synthesis Home Textiles Private Limited?

The CIN of Synthesis Home Textiles Private Limited is U17111TN2005PTC058245.

Where is Synthesis Home Textiles Private Limited headquartered?

Synthesis Home Textiles Private Limited is headquartered at Plot No 69-74 Sidco Industrialestate Salem Bye Pass Road Athur Vennamalai Post, Karur Taluk Karur District, Tamil Nadu, 639006.

When was Synthesis Home Textiles Private Limited incorporated?

Synthesis Home Textiles Private Limited was incorporated on 07 December 2005.

Who are the current directors of Synthesis Home Textiles Private Limited?

The current directors of Synthesis Home Textiles Private Limited are

What is the primary industry of Synthesis Home Textiles Private Limited?

The primary industry of Synthesis Home Textiles Private Limited is Manufacturing.

Is Synthesis Home Textiles Private Limited a listed company?

Synthesis Home Textiles Private Limited is unlisted.

What is the capital structure of Synthesis Home Textiles Private Limited?

The authorized capital of Synthesis Home Textiles Private Limited is ₹16.50 Cr, and the paid-up capital is ₹5.00 Cr.

What is the compliance status of Synthesis Home Textiles Private Limited?

The compliance status of Synthesis Home Textiles Private Limited is Compliant.

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