Synergy Green Industries Ltd Summary
Synergy Green Industries Limited was originally incorporated as a Private Limited Company on October 08, 2010 and was subsequently converted into Public Limited Company dated February 16, 2018. The Company is engaged in the business of foundry i.e. manufacturing of castings, industrial castings, turbine castings, metal castings, steel castings and Windmill Parts.
The operation of the Company is in Kolhapur, Maharashtra. The Company started as a green filed foundry project during 2011 and entered in commercial operation in June 2012. The Company has become one of the renowned as largest automated fast loop moulding line for large castings.
As part of its in-house State of the art IT facilities with latest technology like MAGMA flow and thermal simulation software, well established pattern supply chain including CNC route, continuous sand mixers 3 Nos, Mould compaction table and transfer cars and Fast loop moulding line simulation. The Company has also developed in-house Laboratory for quality control to achieve total customer satisfaction and enhance the stake holder values.The Company came up with a public issue of 37,80,000 equity shares by raising equity capital aggregating to Rs 26.46 Crores in September, 2018. 15 MT New Melting Furnace commissioned in June, 2023.
In FY 2026, the Company enhanced the new production line by increasing the foundry capacity from 30,000 TPA to 45,000 TPA and commissioned the advanced machining and surface treatment facilities having the installed capacity of 20,000 TPA. It developed twelve new products across major OEM customers, on higher MW turbine up to 5 MW. It expanded the captive solar power capacity from 2 MW to 10 MW to enhance the operations.