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* - Tentative Dates
The company proposes to utilize the net proceeds from the issue towards funding the following objects:
Synergy Green Industries Ltd's revenue increased by 13% and profit after tax (PAT) rose by 1233% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | ||||||||||||||||||
| Assets | 198 | 181.77 | ||||||||||||||||||
| Revenue | 328.13 | 290.42 | ||||||||||||||||||
| Profit After Tax | 11.56 | 0.87 | ||||||||||||||||||
| Net Worth | 46.69 | 35.11 | ||||||||||||||||||
| Reserves and Surplus | 20.98 | |||||||||||||||||||
| Total Borrowing | 69.22 | 72.95 | ||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||
Synergy Green Industries Limited was incorporated in 2010 and is engaged in the foundry industry i.e. manufacturing of castings, industrial castings, turbine castings, metal castings, steel castings and windmill castings.
The company produces castings, grey cast iron and steel castings for wind turbines, wind turbine gearboxes and general engineering such as mining, pumps and plastic injection moulding in a weight range of 3 to 30 tonnes with a capacity of 30,000 tonnes.
The company has its testing laboratory for checking raw materials, processed materials and finished products. The quality of the raw materials we purchase is tested and checked in our laboratory to ensure that they meet the specified standards. The finished products are tested in our laboratory to ensure that they meet the standards and design specified by the customer, and are then packaged and shipped.
