Satco Wealth Profile
Key Indicators
- Authorised Capital ₹ 2.25 Cr
- Paid Up Capital ₹ 1.53 Cr
- Company Age 37 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 3.00 Cr
- Revenue Growth 382.18%
- Profit Growth 150.21%
- Ebitda 138.90%
- Net Worth 14.81%
- Total Assets 13.66%
About Satco Wealth
Satco Wealth Private Limited (SWPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 October 1987 and has a history of 37 years and six months. Its registered office is in Mumbai, Maharashtra, India.
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.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- 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
Financial Services
Satco Wealth Private Limited
Explore comprehensive data for Satco Wealth Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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)
Open Charges
₹0
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Satco Wealth
Recent activity within the organization
- Annual General Meeting
Satco Wealth Private Limited last Annual general meeting of members was held on 21 Aug 2024 as per latest MCA records.
- Balance Sheet
Satco Wealth Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge registered on 22 May 2015 via Charge ID 10572470 with Indusind Bank Ltd. was fully satisfied on 16 Dec 2020.
- Director Appointment
Sanjib Kumar Parhi was appointed as a Director was appointed as a Director on 15 Jan 2019 & has been associated with this company since 6 years 4 months .
- Director Appointment
Deepak Surendra Kumar Jaggi was appointed as a Managing Director was appointed as a Managing Director on 15 Jan 2019 & has been associated with this company since 6 years 4 months .
- Charges
A charge with Indusind Bank Ltd. amounted to Rs. 3.00 Cr with Charge ID 10572470 was registered on 22 May 2015.
Frequently asked questions
What is the Incorporation or founding date of Satco Wealth Private Limited?
Satco Wealth Private Limited was incorporated on 27 Oct 1987.
What is authorized share capital and paid-up capital of Satco Wealth Private Limited?
The authorized share capital of Satco Wealth Private Limited is ₹ 2.25 Cr and paid-up capital is ₹ 1.53 Cr.
Who are the current board members & directors of Satco Wealth Private Limited?
Currently 2 directors are associated with Satco Wealth Private Limited.
- Sanjib Kumar Parhi
- Deepak Surendra Kumar Jaggi
What is the registered address of Satco Wealth Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Satco Wealth Private Limited is 5Th Floor 5B Technopolis Knowledge Park Mahakali Caves Road Nr Udyog Bhavan Chakala Andheri East, - . India, Mumbai, Maharashtra, 400093.
What is the corporate identification number (CIN) and company number of Satco Wealth Private Limited?
The corporate identification number (CIN) of Satco Wealth Private Limited is U70101MH1987PTC045107 and the company number is 045107 as per Ministry of Corporate Affairs (MCA).
What is the official website of Satco Wealth Private Limited?
The Official website of Satco Wealth Private Limited is https://www.satcowealth.com
What has been the recent revenue trend for Satco Wealth Private Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Satco Wealth Private Limited has risen by 382.18%.
How many employees does Satco Wealth Private Limited currently have?
As Per 2021 financial reports, 2 employees are currently employed by Satco Wealth Private Limited.
What change has been observed in the net worth of Satco Wealth Private Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Satco Wealth Private Limited has experienced an upsurge of 14.81%.
When was the last Balance Sheet of Satco Wealth Private Limited filed with the ROC?
The most recent Balance Sheet for Satco Wealth Private Limited was filed with the ROC on 31 Mar 2024.
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