Satelite Forging Private Limited

Founded in 2006 and headquartered in Haryana, India.

2006 | Manesar, Haryana (India) | Active
Last Updated:

Satelite Forging Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 16.95 Cr
  • Company Age 18 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • 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 ten 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 2024. 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, Ishwar Rasyaan, Gaurav Pabby, and One other member 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 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Automotive

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)

NameDesignationAppointment DateStatus
Sandeep Likhamania Country flag representing In Company Secretary30-Dec-2023Current

Board Members (4)

NameDesignationAppointment DateStatus
Ashish Pandit Country flag representing In Director 19-Apr-2021Current
Ishwar Rasyaan Additional Director 27-Nov-2024Current
Gaurav Pabby Country flag representing In Director 20-Aug-2024Current
Aditya Malhotra Country flag representing In Director 30-Nov-2020Current

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%.

Satelite Forging revenue growth over time
Satelite Forging 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
51.98%
Revenue from Operations
41.09%
Total Assets
5.11%
Profit or Loss
-618.66%
Net Worth
-19.42%
EBITDA
-158.34%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6.50 Cr

Satisfied Charges

₹103.93 Cr

Charges Breakdown by Lending Institutions

  • Others : 6.50 Cr

Latest Charge Details

DateLenderAmountStatus
26 Feb 2024Others₹6.50 CrOpen
02 Aug 2010Indusind Bank Ltd₹31.92 CrSatisfied
10 Oct 2007Abn Amro Bank N.V₹34.05 CrSatisfied
14 Sep 2007Abn Amro Bank N.V₹34.05 CrSatisfied
24 May 2007Standard Chartered Bank₹3.91 CrSatisfied

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.

Employee growth trends for Satelite Forging Private Limited

Deals i

Graph showing company valuation over time

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

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 Satelite Forging

Recent activity within the organization

  • Director Appointment

    Ishwar Singh Rasyaan was appointed as a Additional Director was appointed as a Additional Director on 27 Nov 2024 & has been associated with this company since 3 months 29 days .

  • Annual General Meeting

    Satelite Forging Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Director Appointment

    Gaurav Pabby was appointed as a Director was appointed as a Director on 20 Aug 2024 & has been associated with this company since 7 months 6 days .

  • Balance Sheet

    Satelite Forging Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

  • Charges

    A charge with Others amounted to Rs. 6.50 Cr with Charge ID 100886096 was registered on 26 Feb 2024.

  • Director Appointment

    Sandeep Kumar Likhamania was appointed as a Company Secretary was appointed as a Company Secretary on 30 Dec 2023 & has been associated with this company since 1 year 2 months .

Frequently asked questions

  • What is the Incorporation or founding date of Satelite Forging Private Limited?

    Satelite Forging Private Limited was incorporated on 26 May 2006.

  • What is authorized share capital and paid-up capital of Satelite Forging Private Limited?

    The authorized share capital of Satelite Forging Private Limited is ₹ 20.00 Cr and paid-up capital is ₹ 16.95 Cr.

  • Who are the current board members & directors of Satelite Forging Private Limited?

    Currently 5 directors are associated with Satelite Forging Private Limited.

    • Ashish Pandit
    • Ishwar Singh Rasyaan
    • Sandeep Kumar Likhamania
    • Gaurav Pabby
    • Aditya Malhotra

  • What is the registered address of Satelite Forging Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Satelite Forging Private Limited is Village Baskusla Opposite Plot No. 139 D, Sector-7 India, Manesar, Haryana, 122050.

  • What is the corporate identification number (CIN) and company number of Satelite Forging Private Limited?

    The corporate identification number (CIN) of Satelite Forging Private Limited is U70109HR2006PTC120186 and the company number is 149224 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Satelite Forging Private Limited?

    The Official website of Satelite Forging Private Limited is https://www.sateliteforging.com

  • What has been the recent revenue trend for Satelite Forging Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Satelite Forging Private Limited has risen by 51.98%.

  • How many employees does Satelite Forging Private Limited currently have?

    As Per 2023 financial reports, 52 employees are currently employed by Satelite Forging Private Limited.

  • What change has been observed in the net worth of Satelite Forging Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Satelite Forging Private Limited has experienced an downturn of -19.42%.

  • What are the total open charges for Satelite Forging Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Satelite Forging Private Limited amount to ₹ 6.50 Cr.

  • When was the last Balance Sheet of Satelite Forging Private Limited filed with the ROC?

    The most recent Balance Sheet for Satelite Forging Private Limited was filed with the ROC on 31 Mar 2024.

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