About Zynergy Solar Projects and Services Private Limited
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Zynergy Solar Projects and Services Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Zynergy Capital Pte Ltd. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 31 August 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U45400TN2007PTC064588. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹16 Cr and a paid-up capital of ₹13.8 Cr. It was formerly known as Zynergy Projects and Services Private Limited and Tridem Projects and Services Private Limited. It is led by directors including Rohit Rabindranath (Managing Director) and Ranjeev Rai.
Its last annual general meeting (AGM) was held on 07 August 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at 3rd Floor Block A Bannari Amman Towers No. 29 Dr. Radhakrishnan Road Mylapore, Chennai, Tamil Nadu, India – 600004.
As per the financials filed for FY 2015, the company reported a revenue of ₹2.46 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.3 Cr (net margin 134%) and EBITDA of ₹13.63 Cr.
Its group structure includes 6 subsidiaries.
The company is associated with 1 brand: Zynergy Group. As per MCA filings, the company has open charges of ₹57.85 Cr and satisfied charges of ₹6 Cr on record. Court records list 28 cases involving the company, including 19 filed by the company and 9 filed against it; 3 cases are pending. The company has 12 deals on record (6 funding rounds, 5 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹48.2 Cr; the latest was in June 2017.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website zynergygroup.net.
Company details
Name history
Zynergy Solar Projects and Services has undergone 2 name changes throughout its history. The company was previously known as Zynergy Projects And Services Private Limited, and Tridem Projects And Services Private Limited. The current legal name is Zynergy Solar Projects And Services Private Limited.
| Company Name | Status |
|---|---|
| Zynergy Solar Projects and Services Private Limited | Current |
| Zynergy Projects And Services Private Limited | Previous |
| Tridem Projects And Services Private Limited | Previous |
Contact details
Zynergy Solar Projects and Services Private Limited's registered office is in Chennai, Tamil Nadu. Its website is zynergygroup.net. Its e-mail address is in the company report.
- Email
- Website
- Registered Address3rd Floor Block A Bannari Amman Towers No. 29 Dr. Radhakrishnan Road Mylapore, Chennai, Tamil Nadu, India – 600004
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Zynergy Solar Projects and Services 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
Brands
Zynergy Solar Projects and Services operates one associated brand: Zynergy Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Solar IPP and EPC services are provided in India. | zynergygroup.net |
Business activity
The main business activity of Zynergy Solar Projects and Services is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of Zynergy Solar Projects and Services Private Limited, buy the company report.
Financials of Zynergy Solar Projects and Services Private Limited
FY 2015 filings availableZynergy Solar Projects and Services Private Limited reported revenue of ₹2.46 Cr (up 6907228% YoY) for FY 2015.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹2.46 Cr |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹13.63 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹3.3 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
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | |
| Net Profit Margin | 134% |
| 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 Zynergy Solar Projects and Services Private Limited, buy the company report.
Board of directors of Zynergy Solar Projects and Services Private Limited
Zynergy Solar Projects and Services has 4 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ranjeev Rai | Additional Director | 13 Aug 2015 | 11 Years 2 Months | Current |
| Reenanath | Additional Director | 07 Jun 2017 | 9 Years 4 Months | Current |
| Rohit Rabindranath | Managing Director | 31 Aug 2007 | 19 Years 1 Months | Current |
| Maanik Nath | Additional Director | 07 Jun 2017 | 9 Years 4 Months | Current |
Auditor
Zynergy Solar Projects and Services Private Limited is audited by ANIL NAIR & ASSOCIATES for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANIL NAIR & ASSOCIATES | FY 2015 | 000175S |
Shareholding
The shareholding of Zynergy Solar Projects and Services Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Zynergy Solar Projects and Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Nov 2015 | 10606431 | Others | ₹32.85 Cr | Open | |
| 26 Oct 2015 | 10601439 | Others | ₹25 Cr | Open | |
| 04 Feb 2013 | 10405864 | The Federal Bank Limited | ₹6 Cr | Satisfied |
To see the full charge records of Zynergy Solar Projects and Services Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Zynergy Solar Projects and Services Private Limited has 12 deals on record (6 funding rounds, 5 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹48.2 Cr; the latest was in June 2017.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2017 | Funding round | ₹1 Cr | Investors: Archer Power Systems Private Limited , an individual |
| Jan 2016 | Funding round | ₹7.59 Cr | Investors: Cascade Energy Private Limited, Archer Power Systems Private Limited |
| Aug 2015 | Funding round | ₹79.2 Lakh | Investors: Zynergy Capital Private Limited, Archer Power Systems Private Limited |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: Archer Power Systems Private Limited Seller: Zynergy Capital Private Limited, an individual |
| Jun 2012 | Funding round | ₹92.7 Lakh | Investors: Zynergy Capital Private Limited |
To see the full deal history of Zynergy Solar Projects and Services Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Zynergy Solar Projects and Services Private Limited has 28 court cases on record: 19 filed by Zynergy Solar Projects and Services, 9 filed against it. 3 cases are pending and 25 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 19 | 4 | 0 |
| High courts | 4 | 0 | 1 |
| Supreme Court | 3 | 3 | 0 |
| NCLAT | 2 | 2 | 2 |
Cases on record (5 of 28)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Company appeal | Filed against the company by M/S Archer Power Systems Pvt Ltd | Pending |
| District court, Kancheepuram, Tamil Nadu | Criminal miscellaneous application | Filed against the company by DCB Bank Limited Rep by Its Authorized Officer R.Srinivasan R | Disposed |
| District court, Chennai, Tamil Nadu | Execution petition | Filed against the company by Shriram City Union Finance Ltd | Disposed |
| Supreme Court | Court case (1003-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Matters arising out of orders of Company Law Board under Section 397 & 398 of Companies Act, 1956) | Filed against the company by Archer Power Systems Private Limited | Disposed |
| Madras High Court | Interim or miscellaneous application | Filed by the company against The Assistant Commissioner of Labour | Pending |
To see the full case history of Zynergy Solar Projects and Services 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 Zynergy Solar Projects and Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Zynergy Solar Projects and Services has 6 subsidiary companies. This group structure data is as of FY 2015. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Dynamis Solar Systems Private Limited | U40108TN2012PTC086240 | |
| Dynamis Solar Systems Private Limited | U40108TN2012PTC086240 | |
| Greatshine Holdings Private Limited | U40109TN2008PTC070082 | |
| Greatshine Holdings Private Limited | U40109TN2008PTC070082 | |
| Alectrona Energy Private Limited | U40109TN2010PTC075703 | |
| Alectrona Energy Private Limited | U40109TN2010PTC075703 |
To see the full group structure of Zynergy Solar Projects and Services Private Limited, buy the company report.
Employees & EPFO
Zynergy Solar Projects and Services Private Limited has 1 active EPFO establishment as of Mar 31, 2024.
GST
Zynergy Solar Projects and Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Zynergy Solar Projects and Services Private Limited, buy the company report.
Recent activity
Zynergy Solar Projects and Services Private Limited has 15 board changes on record since 2007: 4 appointments and 11 cessations. The latest: Maanik Nath was appointed as Additional Director on 07 Jun 2017.
13 earlier events are in the company report.
Frequently asked questions
Zynergy Solar Projects and Services is an active private limited company based in Chennai, Tamil Nadu, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 31 August 2007 (19+ years old) and is registered under CIN U45400TN2007PTC064588.
Zynergy Solar Projects and Services has 4 current directors:
- Rohit Rabindranath - Managing Director
- Ranjeev Rai - Additional Director
- Reenanath - Additional Director
- Maanik Nath - Additional Director
The latest financial statements of Zynergy Solar Projects and Services on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 07 August 2015. Year-wise statements from 2015 are in the company report.
No. Zynergy Solar Projects and Services has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Zynergy Solar Projects and Services is U45400TN2007PTC064588. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Zynergy Solar Projects and Services has 28 court cases on record: 19 filed by the company and 9 filed against it. 3 are pending. Most are in the district courts.
Zynergy Solar Projects and Services was incorporated on 31 August 2007, making it 19+ years old. It is registered with the Registrar of Companies, Chennai.
Zynergy Solar Projects and Services has 12 deals on record (6 funding rounds, 5 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹48.2 Cr; the latest was in June 2017.
Maanik Nath was appointed as Additional Director on 07 Jun 2017. Rajiv Pradhan ceased to be Additional Director on 07 Jun 2017. Reenanath was appointed as Additional Director on 07 Jun 2017. Zynergy Solar Projects and Services has 15 board changes on record in total.
Zynergy Solar Projects and Services can be reached through the website zynergygroup.net. Its registered office is in Chennai, Tamil Nadu, India.