Satellite Engineering Limited

Develops, manufactures, and markets lighting products and accessories with manufacturing locations in Gujarat, India.

1962 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Satellite Engineering Profile

Key Indicators

  • Authorised Capital ₹ 8.00 Cr
  • Paid Up Capital ₹ 3.42 Cr
  • Company Age 62 Year, 11 Months
  • Last Filing with ROC 31 Mar 2022
  • Satisfied Charges ₹ 5.00 M
  • Revenue Growth %
  • Profit Growth 74.75%
  • Ebitda 75.17%
  • Net Worth -28.47%
  • Total Assets -24.38%

About Satellite Engineering

Satellite Engineering Limited (SEL) was founded in India on 12 April 1962 and has a glorious history of 62 years and 11 months.Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Consumer Electronics & Durables Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 8.00 Cr and a paid-up capital of Rs 3.42 Cr.

The company has closed loans amounting to ₹5.00 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Anand Shah, Avani Shah, Aniket Shah, and One other member serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L29259GJ1962PLC001130

  • Company No.

    001130

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Apr 1962

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Satellite Engineering?

Executive Team (1)

NameDesignationAppointment DateStatus
Anand Shah Country flag representing In Managing Director14-Apr-1992Current

Board Members (3)

NameDesignationAppointment DateStatus
Avani Shah Country flag representing In Director 30-Mar-2015Current
Aniket Shah Country flag representing In Whole-Time Director 20-Jan-2009Current
Vipul Soni Country flag representing In Director 10-Feb-2014Current

Financial Performance of Satellite Engineering.

Satellite Engineering Limited, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 74.75% increase in profit. The company's net worth observed a substantial decline by a decrease of 28.47%.

Satellite Engineering revenue growth over time
Satellite Engineering 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
Revenue from Operations
Total Assets
-24.38%
Profit or Loss
74.75%
Net Worth
-28.47%
EBITDA
75.17%

What is the Ownership and Shareholding Structure of Satellite Engineering?

Unlock access to Satellite Engineering's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹0.50 Cr

Charges Breakdown by Lending Institutions

  • Punjab National Bank : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
02 Mar 2007Punjab National Bank₹5.00 MSatisfied

How Many Employees Work at Satellite Engineering?

Unlock and access historical data on people associated with Satellite Engineering, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Satellite Engineering Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Satellite Engineering, 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 Satellite Engineering'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 Satellite Engineering

Recent activity within the organization

  • Annual General Meeting

    Satellite Engineering Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

  • Balance Sheet

    Satellite Engineering Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ahmedabad.

  • Director Appointment

    Avani Anand Shah was appointed as a Director was appointed as a Director on 30 Mar 2015 & has been associated with this company since 10 years .

  • Director Appointment

    Vipul Narendrakumar Soni was appointed as a Director was appointed as a Director on 10 Feb 2014 & has been associated with this company since 11 years 1 month .

  • Charges

    A charge registered on 02 Mar 2007 via Charge ID 10045236 with Punjab National Bank was fully satisfied on 27 Dec 2012.

  • Charges

    A charge with Punjab National Bank of Rs. 0.50 Cr registered on 02 Mar 2007 with Charge ID 10045236 was modified on 23 Jul 2010.

Frequently asked questions

  • What is the Incorporation or founding date of Satellite Engineering Limited?

    Satellite Engineering Limited was incorporated on 12 Apr 1962.

  • What is authorized share capital and paid-up capital of Satellite Engineering Limited?

    The authorized share capital of Satellite Engineering Limited is ₹ 8.00 Cr and paid-up capital is ₹ 3.42 Cr.

  • Who are the current board members & directors of Satellite Engineering Limited?

    Currently 4 directors are associated with Satellite Engineering Limited.

    • Anand Arvindbhai Shah
    • Avani Anand Shah
    • Aniket Anandbhai Shah
    • Vipul Narendrakumar Soni

  • What is the registered address of Satellite Engineering Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Satellite Engineering Limited is 404 Swagat Buildingc G Road Ellish Bridge India, Ahmedabad, Gujarat, 380006.

  • What is the corporate identification number (CIN) and company number of Satellite Engineering Limited?

    The corporate identification number (CIN) of Satellite Engineering Limited is L29259GJ1962PLC001130 and the company number is 001130 as per Ministry of Corporate Affairs (MCA).

  • What change has been observed in the net worth of Satellite Engineering Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Satellite Engineering Limited has experienced an downturn of -28.47%.

  • When was the last Balance Sheet of Satellite Engineering Limited filed with the ROC?

    The most recent Balance Sheet for Satellite Engineering Limited was filed with the ROC on 31 Mar 2022.

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