Satco Wealth Profile
Key Indicators
- Authorised Capital ₹ 2.25 Cr
as on 15-12-2024
- Paid Up Capital ₹ 1.53 Cr
as on 15-12-2024
- Company Age 37 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 3.00 Cr
as on 15-12-2024
- Revenue 382.18%
(FY 2021)
- Profit 150.21%
(FY 2021)
- Ebitda 138.90%
(FY 2021)
- Net Worth 14.81%
(FY 2021)
- Total Assets 13.66%
(FY 2021)
About Satco Wealth
The Corporate was formerly known as Satco Commodities Private Limited. The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.25 Cr and a paid-up capital of Rs 1.53 Cr.
The company has closed loans amounting to ₹3.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Sanjib Parhi and Deepak Jaggi serve as directors at the Company.
- CIN/LLPIN
U70101MH1987PTC045107
- Company No.
045107
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
27 Oct 1987
- Date of AGM
21 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
- Apps
Who are the key members and board of directors at Satco Wealth?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Deepak Jaggi  | Managing Director | 15-Jan-2019 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sanjib Parhi | Director | 15-Jan-2019 | Current |
Financial Performance of Satco Wealth.
Satco Wealth Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 382.18% increase. The company also saw a substantial improvement in profitability, with a 150.21% increase in profit. The company's net worth Soared by an impressive increase of 14.81%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Satco Wealth?
In 2021, Satco Wealth had a promoter holding of 83.00% and a public holding of 17.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹0
₹3.00 Cr
Charges Breakdown by Lending Institutions
- Indusind Bank Ltd. : 3.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 May 2015 | Indusind Bank Ltd. | ₹3.00 Cr | Satisfied |
How Many Employees Work at Satco Wealth?
Satco Wealth has a workforce of 2 employees as of Mar 23, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Satco Wealth, 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 Satco Wealth's trajectory.
Rating
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
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.
