Minervaa Syncot Private Limited - Due diligence report

A 360° intelligence report on Minervaa Syncot Private Limited: trust score, financial health, credit view, compliance, directors, growth and…

2011-11-23 Erode, Tamil Nadu Active Unlisted Active Compliant
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MS Minervaa Syncot Private Limited
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Minervaa Syncot Private Limited — 360° Intelligence Report

Generated from MCA filings & public records
58/100
Trust Score
Moderate

Minervaa Syncot Private Limited is assessed as Moderate with a Trust Score of 58/100. Minervaa Syncot Private Limited is an active private limited indian non-government company incorporated in 2011, operating in the Home & Lifestyle sector. Reported revenue has declined across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a moderate compliance risk and high financial risk profile.

Report generated on 04 Jul 2026 from the latest processed filings. Minervaa Syncot Private Limited snapshot & full profile →

Financial Health › Caution
Overall Assessment CautionWeakNeutralGoodStrong Good
Compliance › Good

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreModerate
58/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
68/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
5/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
45/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreCaution Indicated
40/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
45/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

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Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 45/100 Caution Indicated
  • Negative operating earnings - debt service depends on external support.
  • No open charges - unencumbered balance sheet.

Charges position: 0 open (-) · 5 satisfied (13.96 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Sidbi2 48.0 cr
City Union Bank Limited1 48.0 cr
Small Industries Development Bank Of India1 48.0 cr
Indian Overseas Bank1 48.0 cr
Compliance Score: 68/100 Moderate
  • Company status is Active as per MCA.
  • Last balance sheet is for Mar 2022 - filings overdue.
  • Litigation present in 1 court forum(s).
  • 1 active GST registration(s).
Legal cases on record (1)
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
MURUGESAN KUMUDHA 01234567 Director 01/04/2018 6 yrs Approved
RAMASAMY THANGAVEL 01234567 Director 01/04/2018 6 yrs Approved
  • 2 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2016)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2022 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
5 allotment(s) · 1 transfer(s)

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Key managerial personnel: RAMASAMY THANGAVEL (Managing Director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 40 · Distress 45
Growth signals & trust indicators
Operating for 14+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
Negative net worth.
Statutory filings appear overdue.
1 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence58/100
Review suggested
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 3 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment39/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance gaps should be priced into terms.
Investor view32/100
Limited indicators at present
Growth quality and scalability through an investor lens.
  • No clear growth signals in the filed years.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
28 Nov 2023
Charge satisfied
Sidbi
Charge satisfied
Small Industries Development Bank Of India
14 Nov 2023
Charge satisfied
City Union Bank Limited
08 Sep 2023
Charge satisfied
Indian Overseas Bank
30 Sep 2022
Last AGM held
Annual general meeting
25 Apr 2022
Director appointed
MURUGESAN KUMUDHA (Director)
Director ceased
RAMASAMY THANGAVEL
31 Mar 2022
Latest balance sheet
Filed with ROC
30 Mar 2022
Director ceased
RAJA MANIMARAN
Director ceased
KRISHNAN RAJA
28 Jun 2017
Charge created
Indian Overseas Bank - 6.32 Lakh
31 May 2017
Securities allotted
164000 Equity Shares Without Differential Rights - 16.40 Lakh raised
18 Apr 2017
Charge created
Sidbi - 1.63 cr
27 Dec 2016
Securities allotted
1000000 Equity Shares Without Differential Rights - 1.00 cr raised
31 Mar 2016
Share transfer (FY 2016)
417000.00000000 shares to R Thangavel
10

Key Observations

Auto-generated from the data above
Revenue declined 38% over the last 4 financial year(s).
Net profit margin moved from 1.42 to 2.1x.
2 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
All 5 registered charge(s) stand satisfied - past borrowings repaid.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2022 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 5 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Pakiza Fashions Pvt Ltd U18101MP1996PTC010320 Indore, Madhya Pradesh, India
Chhabra Syntex Private Limited U17119GJ1993PTC020495 Choryasi, Gujarat, India
Kritikka Dress & Sarees Private Limited U17299GJ2020PTC112944 Surat, Gujarat, India
Chamria Creation Private Limited U17120GJ2010PTC060599 Surat, Gujarat, India
Dmv Textiles Private Limited U18101MH2002PTC134974 Bhiwandi, Maharashtra, India
Saroj Fibre Tex Spinners Private Limited U17110DN2006PTC000222 Dadra, Dadra & Nagar Haveli, India
Isha Fashions Private Limited U17111GJ2001PTC039150 Mangrol, Gujarat, India
Devagabond Outdoor Private Limited U74999MH2014PTC259501 Bhiwandi, Maharashtra, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Minervaa Syncot Private Limited before audits and certifications: compliance score 68/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Minervaa Syncot Private Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Enhanced diligence advised. Credit risk score 45/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Limited indicators at present. Growth score 40/100, margin trends, ownership structure and peer set for Minervaa Syncot Private Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Review suggested. Trust score 58/100, distress signals and MSME payment-delay disclosures - know whether Minervaa Syncot Private Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (1 case(s) on record), regulatory flags, charge documents trail and director networks for Minervaa Syncot Private Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Minervaa Syncot Private Limited an active company?

Minervaa Syncot Private Limited has MCA status “Active” with a compliance score of 68/100 (Moderate).

Is Minervaa Syncot Private Limited financially healthy?

Minervaa Syncot Private Limited has a Financial Health Score of 5/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Minervaa Syncot Private Limited?

Its overall Trust Score is 58/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Minervaa Syncot Private Limited?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 2 active director(s) are on record.

Does Minervaa Syncot Private Limited have loans or charges against its assets?

No open charges - all 5 registered charge(s) stand satisfied, indicating past borrowings were repaid.

Is Minervaa Syncot Private Limited up to date with its ROC filings?

Last balance sheet is for Mar 2022 - filings overdue. Overall compliance score: 68/100 (Moderate).

Is it risky to lend to Minervaa Syncot Private Limited?

Its Credit Risk Score is 45/100 (Caution Indicated). Banker verdict: Enhanced diligence advised.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.