Satelliteweave Ventures Limited

Provides communication services, incorporated in 2000, based in Gujarat.

2000 | Vadodara, Gujarat (India) | Under Liquidation
Last Updated: July 02, 2024

Satelliteweave Ventures Profile

Key Indicators

  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 20.93 Cr
  • Company Age 25 Year, 26 Days
  • Last Filing with ROC 31 Mar 2020
  • Satisfied Charges ₹ 30.75 Cr
  • Revenue Growth -15.26%
  • Profit Growth -121814.03%
  • Ebitda -1837.83%
  • Net Worth -152.08%
  • Total Assets -25.39%

About Satelliteweave Ventures

Satelliteweave Ventures Limited (SVL) is Under Liquidation company established on 31 Jan 2000 with its office registered at Vadodara, Gujarat, India and has been running since 25 Year, 26 Days with a paid up capital of 20.93 Cr. According to MCA records, 3 Directors and 1 Signatories are linked to this company as of 02 Jul 2024.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    infinium.co.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U32109GJ2000PLC037266

  • Company No.

    037266

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    31 Jan 2000

  • Date of AGM

    31 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Telecom

Who are the key members and board of directors at Satelliteweave Ventures?

Executive Team (1)

NameDesignationAppointment DateStatus
Jigar Prajapati CFO15-Jul-2020Current

Board Members (3)

NameDesignationAppointment DateStatus
Vishnubhai Chauhan Country flag representing In Director 01-Oct-2014Current
Mita Shah Country flag representing In Director 01-Oct-2014Current
Manthan Doshi Country flag representing In Additional Director 10-Mar-2021Current

Financial Performance of Satelliteweave Ventures.

Satelliteweave Ventures Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 15.26% decrease. The company also saw a substantial fall in profitability, with a 121814.03% decrease in profit. The company's net worth observed a substantial decline by a decrease of 152.08%.

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
-15.26%
Revenue from Operations
-14.46%
Total Assets
-25.39%
Profit or Loss
-121814.03%
Net Worth
-152.08%
EBITDA
-1837.83%

What is the Ownership and Shareholding Structure of Satelliteweave Ventures?

In 2019, Satelliteweave Ventures 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

₹0

Satisfied Charges

₹30.75 Cr

Charges Breakdown by Lending Institutions

  • Others : 21.75 Cr
  • Icici Bank Limited : 9.00 Cr

Latest Charge Details

DateLenderAmountStatus
25 Sep 2009Others₹21.75 CrSatisfied
28 Jun 2004Icici Bank Limited₹9.00 CrSatisfied

How Many Employees Work at Satelliteweave Ventures?

Satelliteweave Ventures has a workforce of 3 employees as of Apr 05, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Satelliteweave Ventures, 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 Satelliteweave Ventures'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 Satelliteweave Ventures

Recent activity within the organization

  • Director Appointment

    Manthan Bipinbhai Doshi was appointed as a Additional Director was appointed as a Additional Director on 10 Mar 2021 & has been associated with this company since 3 years 11 months .

    10 Mar 2021

  • Annual General Meeting

    Satelliteweave Ventures Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.

    31 Dec 2020

  • Director Appointment

    Jigar Bhimaji Prajapati was appointed as a Cfo was appointed as a Cfo on 15 Jul 2020 & has been associated with this company since 4 years 7 months .

    15 Jul 2020

  • Balance Sheet

    Satelliteweave Ventures Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Ahmedabad.

    31 Mar 2020

  • Charges

    A charge registered on 25 Sep 2009 via Charge ID 10184671 with Others was fully satisfied on 17 Feb 2020.

    17 Feb 2020

  • Charges

    A charge with Others of Rs. 21.75 Cr registered on 25 Sep 2009 with Charge ID 10184671 was modified on 01 Sep 2018.

    01 Sep 2018

Frequently asked questions

  • Satelliteweave Ventures Limited was incorporated on 31 Jan 2000.

  • The authorized share capital of Satelliteweave Ventures Limited is ₹ 30.00 Cr and paid-up capital is ₹ 20.93 Cr.

  • Currently 4 directors are associated with Satelliteweave Ventures Limited.

    • Jigar Bhimaji Prajapati
    • Vishnubhai Govind Bhai Chauhan
    • Mita Harshul Shah
    • Manthan Bipinbhai Doshi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Satelliteweave Ventures Limited is 20 Nirman Soceity Rustam Patel Marg Near Crossword Alka, Puri, Vadodara, Gujarat, India, 390007.

  • The corporate identification number (CIN) of Satelliteweave Ventures Limited is U32109GJ2000PLC037266 and the company number is 037266 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Satelliteweave Ventures Limited is https://www.infinium.co.in

  • According to the financial reports for the fiscal year 2020, the revenue trend for Satelliteweave Ventures Limited has fallen by -15.26%.

  • As Per 2020 financial reports, 3 employees are currently employed by Satelliteweave Ventures Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Satelliteweave Ventures Limited has experienced an downturn of -152.08%.

  • The most recent Balance Sheet for Satelliteweave Ventures Limited was filed with the ROC on 31 Mar 2020.

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