Satara Polymers Pvt Ltd

Manufactures and sells various rubber goods, including oil seals, hose pipes, and moldings.

1987 | Pune, Maharashtra (India) | Active
Last Updated: July 30, 2024

Satara Polymers Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.40 M
  • Company Age 37 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 18.71 Cr
  • Revenue Growth 13.80%
  • Profit Growth 26.38%
  • Ebitda -156.67%
  • Net Worth 5.84%
  • Total Assets 7.53%

About Satara Polymers

Satara Polymers Pvt Ltd (SPPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 February 1987 and has a history of 37 years and 11 months. Its registered office is in Pune, Maharashtra, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.40 M.

The company currently has active open charges totaling ₹18.71 Cr.

Ashok Gupta, Satish Gupta, and Aditya Gupta serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24134MH1987PTC042655

  • Company No.

    042655

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Feb 1987

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Manufacturing

Who are the key members and board of directors at Satara Polymers?

Board Members (3)

Name Designation Appointment Date Status
Ashok Gupta Country flag representing In Director 23-Feb-1987 Current
Satish Gupta Country flag representing In Director 23-Feb-1987 Current
Aditya Gupta Country flag representing In Director 15-Apr-2017 Current

Financial Performance of Satara Polymers.

Satara Polymers Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 13.8% increase. The company also saw a substantial improvement in profitability, with a 26.38% increase in profit. The company's net worth moved up by a moderate rise of 5.84%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • 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
13.80%
Revenue from Operations
0.36%
Total Assets
7.53%
Profit or Loss
26.38%
Net Worth
5.84%
EBITDA
-156.67%

What is the Ownership and Shareholding Structure of Satara Polymers?

In 2023, Satara Polymers 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 Indicator graph

Charges (Loans)

Open Charges

₹187.05 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 18.45 Cr
  • The Saraswat Co. Operative Bank Ltd. : 0.26 Cr

Latest Charge Details

Date Lender Amount Status
04 Oct 2023 Others ₹18.45 Cr Open
24 Jun 1993 The Saraswat Co. Operative Bank Ltd. ₹1.50 M Open
04 Feb 1989 The Saraswat Co. Operative Bank Ltd. ₹0.30 M Open
14 Nov 1988 The Saraswat Co. Operative Bank Ltd. ₹0.75 M Open

How Many Employees Work at Satara Polymers?

Satara Polymers has a workforce of 18 employees as of Apr 04, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Satara Polymers, 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 Satara Polymers'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.

Latest Updates, News, and FAQs on Satara Polymers

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 184.50 M with Charge ID 100805738 was registered on 04 Oct 2023.

    04 Oct 2023

  • Annual General Meeting

    Satara Polymers Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Satara Polymers Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Director Appointment

    Aditya Ashok Gupta was appointed as a Director was appointed as a Director on 15 Apr 2017 & has been associated with this company since 7 years 9 months .

    15 Apr 2017

  • Charges

    A charge with The Saraswat Co. Operative Bank Ltd. amounted to Rs. 1.50 M with Charge ID 90087786 was registered on 24 Jun 1993.

    24 Jun 1993

  • Charges

    A charge with The Saraswat Co. Operative Bank Ltd. amounted to Rs. 0.30 M with Charge ID 90083584 was registered on 04 Feb 1989.

    04 Feb 1989

Frequently asked questions

  • Satara Polymers Pvt Ltd was incorporated on 23 Feb 1987.

  • The authorized share capital of Satara Polymers Pvt Ltd is ₹ 0.50 M and paid-up capital is ₹ 0.40 M.

  • Currently 3 directors are associated with Satara Polymers Pvt Ltd.

    • Ashok Shaligram Gupta
    • Satish Shaligram Gupta
    • Aditya Ashok Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Satara Polymers Pvt Ltd is S 158 Midc Areabhosari, Pune, Maharashtra, India, 411026.

  • The corporate identification number (CIN) of Satara Polymers Pvt Ltd is U24134MH1987PTC042655 and the company number is 042655 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Satara Polymers Pvt Ltd is https://www.gbrubberproduct.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Satara Polymers Pvt Ltd has risen by 13.80%.

  • As Per 2023 financial reports, 18 employees are currently employed by Satara Polymers Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Satara Polymers Pvt Ltd has experienced an upsurge of 5.84%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Satara Polymers Pvt Ltd amount to ₹ 18.71 Cr.

  • The most recent Balance Sheet for Satara Polymers Pvt Ltd was filed with the ROC on 31 Mar 2023.