Satelite Forging Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 16.95 Cr
- Company Age 18 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 6.50 Cr
- Satisfied Charges ₹ 103.93 Cr
- Revenue Growth 51.98%
- Profit Growth -618.66%
- Ebitda -158.34%
- Net Worth -19.42%
- Total Assets 5.11%
About Satelite Forging
Satelite Forging Private Limited (SFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 May 2006 and has a history of 18 years and nine months. Its registered office is in Manesar, Haryana.
The Corporate was formerly known as Satelite Infrabuild Private Limited.. The Company is engaged in the Automotive 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 20.00 Cr and a paid-up capital of Rs 16.95 Cr.
The company currently has active open charges totaling ₹6.50 Cr. The company has closed loans amounting to ₹103.93 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Satelite Forging Private Limited India is Sandeep Likhamania as COMPANY SECRETARY. Ashish Pandit, Aditya Malhotra, and Gaurav Pabby serve as directors at the Company.
Company Details
- Location Manesar, Haryana
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U70109HR2006PTC120186
- Company No.
149224
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 May 2006
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
What products or services does Satelite Forging Private Limited offer?
Satelite Forging Private Limited offers a wide range of products and services, including Automotive Spare Parts, Steering Yoke, Metallurgical & Lab Microscopes, Industrial Microscope, Socket, Steering Parts & Components, Steering Parts, Repair & Maintenance Services, Machinery Repairs, Automotive Gears.
Who are the key members and board of directors at Satelite Forging?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sandeep Likhamania  | Company Secretary | 30-Dec-2023 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ashish Pandit | Director | 13-Jun-2019 | Current |
| Aditya Malhotra | Director | 30-Nov-2020 | Current |
| Gaurav Pabby | Director | 12-Dec-2022 | Current |
Financial Performance of Satelite Forging.
Satelite Forging Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 51.98% increase. The company also saw a substantial fall in profitability, with a 618.66% decrease in profit. The company's net worth observed a substantial decline by a decrease of 19.42%.
- Key Matrics
- Balance Sheet
- Profit and Loss
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What is the Ownership and Shareholding Structure of Satelite Forging?
In 2023, Satelite Forging had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
B S Ispat LimitedAshish Pandit and Aditya Malhotra are mutual person
- Gondwana Ispat Limited
Ashish Pandit is a mutual person
- Kac Casting Limited
Ashish Pandit is a mutual person
- Acl Industries Limited
Ashish Pandit is a mutual person
- Primus Real Estates Private Limited
Ashish Pandit is a mutual person
- W-Investering (India) Private Limited
Ashish Pandit is a mutual person
Charges (Loans)
₹6.50 Cr
₹103.93 Cr
Charges Breakdown by Lending Institutions
- Others : 6.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Feb 2024 | Others | ₹6.50 Cr | Open |
| 02 Aug 2010 | Indusind Bank Ltd | ₹31.92 Cr | Satisfied |
| 10 Oct 2007 | Abn Amro Bank N.V | ₹34.05 Cr | Satisfied |
| 14 Sep 2007 | Abn Amro Bank N.V | ₹34.05 Cr | Satisfied |
| 24 May 2007 | Standard Chartered Bank | ₹3.91 Cr | Satisfied |
How Many Employees Work at Satelite Forging?
Satelite Forging has a workforce of 52 employees as of Mar 22, 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 Satelite Forging, 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 Satelite Forging'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.
