Satellite Pharmaceuticals Private Limited

Produces and distributes pharmaceutical products and chemicals in Maharashtra.

1994 | Mumbai, Maharashtra (India) | Active
Last Updated: July 31, 2024

Satellite Pharmaceuticals Profile

Key Indicators

  • Authorised Capital ₹ 3.50 M
  • Paid Up Capital ₹ 3.20 M
  • Company Age 30 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.80 Cr
  • Satisfied Charges ₹ 3.08 Cr
  • Revenue Growth -38.72%
  • Profit Growth -174.55%
  • Ebitda -101.68%
  • Net Worth -22.67%
  • Total Assets 8.90%

About Satellite Pharmaceuticals

Satellite Pharmaceuticals Private Limited (SPPL) is a Private Limited Indian Non-Government Company incorporated in India on 30 June 1994 and has a history of 30 years and seven months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Pharma 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 3.50 M and a paid-up capital of Rs 3.20 M.

The company currently has active open charges totaling ₹4.80 Cr. The company has closed loans amounting to ₹3.08 Cr, as per Ministry of Corporate Affairs (MCA) records.

Bhharat Parekh, Vijay Kadam, and Dolly Parekh serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24319MH1994PTC079317

  • Company No.

    079317

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Jun 1994

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Pharma

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

Executive Team (1)

NameDesignationAppointment DateStatus
Bhharat Parekh Country flag representing In Managing Director26-Sep-2018Current

Board Members (2)

NameDesignationAppointment DateStatus
Vijay Kadam Country flag representing In Director 21-May-2021Current
Dolly Parekh Country flag representing In Director 21-May-2021Current

Financial Performance of Satellite Pharmaceuticals.

Satellite Pharmaceuticals Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 38.72% decrease. The company also saw a substantial fall in profitability, with a 174.55% decrease in profit. The company's net worth observed a substantial decline by a decrease of 22.67%.

Graph illustrating revenue growth over time
Graph showing 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
-38.72%
Revenue from Operations
-40.69%
Total Assets
8.90%
Profit or Loss
-174.55%
Net Worth
-22.67%
EBITDA
-101.68%

What is the Ownership and Shareholding Structure of Satellite Pharmaceuticals?

In 2023, Satellite Pharmaceuticals 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

₹48.00 M

Satisfied Charges

₹30.78 M

Charges Breakdown by Lending Institutions

  • Others : 4.80 Cr

Latest Charge Details

DateLenderAmountStatus
24 Jan 2020Others₹1.00 CrOpen
18 Dec 2018Others₹3.10 CrOpen
26 Mar 2018Others₹5.00 MOpen
04 Dec 2013Others₹2.00 MOpen
25 Aug 2007Bank Of Baroda₹1.34 CrSatisfied

How Many Employees Work at Satellite Pharmaceuticals?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Satellite Pharmaceuticals Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Satellite Pharmaceuticals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Vijay Ambadasrao Kadam was appointed as a Director was appointed as a Director on 21 May 2021 & has been associated with this company since 3 years 9 months .

    21 May 2021

  • Director Appointment

    Dolly Bharat Parekh was appointed as a Director was appointed as a Director on 21 May 2021 & has been associated with this company since 3 years 9 months .

    21 May 2021

  • Charges

    A charge with Others amounted to Rs. 10.00 M with Charge ID 100324410 was registered on 24 Jan 2020.

    24 Jan 2020

  • Charges

    A charge with Others of Rs. 31.00 M registered on 18 Dec 2018 with Charge ID 100239125 was modified on 06 May 2019.

    06 May 2019

Frequently asked questions

  • Satellite Pharmaceuticals Private Limited was incorporated on 30 Jun 1994.

  • The authorized share capital of Satellite Pharmaceuticals Private Limited is ₹ 3.50 M and paid-up capital is ₹ 3.20 M.

  • Currently 3 directors are associated with Satellite Pharmaceuticals Private Limited.

    • Bhharat Kantilal Parekh
    • Vijay Ambadasrao Kadam
    • Dolly Bharat Parekh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Satellite Pharmaceuticals Private Limited is Gala No 108 1 Floor Parekh Prints Building Itt Bhatti Goregaon-Mulund Link Road G, Oregaon (E, Mumbai, Maharashtra, India, 400063.

  • The corporate identification number (CIN) of Satellite Pharmaceuticals Private Limited is U24319MH1994PTC079317 and the company number is 079317 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Satellite Pharmaceuticals Private Limited has fallen by -38.72%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Satellite Pharmaceuticals Private Limited has experienced an downturn of -22.67%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Satellite Pharmaceuticals Private Limited amount to ₹ 4.80 Cr.

  • The most recent Balance Sheet for Satellite Pharmaceuticals Private Limited was filed with the ROC on 31 Mar 2023.

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