Sati Ferro Tech Private Limited

Wholesale trading of metal and non-metal waste and scrap.

2010 | Singhbhum, Jharkhand (India) | Active
Last Updated: December 17, 2024

Sati Ferro Tech Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.26 Cr
  • Company Age 14 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 110.82 Cr
  • Revenue Growth -81.52%
  • Profit Growth 63.61%
  • Ebitda -1.67%
  • Net Worth 13.38%
  • Total Assets -14.25%

About Sati Ferro Tech

Sati Ferro Tech Private Limited (SFTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 May 2010 and has a history of 14 years and eight months. Its registered office is in Singhbhum, Jharkhand, India.

The Company is engaged in the Metals And Minerals 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 1.50 Cr and a paid-up capital of Rs 1.26 Cr.

The company currently has active open charges totaling ₹110.82 Cr.

Nitin Bhalotia and Kunal Bhalotia serve as directors at the Company.

Company Details

  • Location

    Singhbhum, Jharkhand, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28113JH2010PTC014182

  • Company No.

    014182

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 May 2010

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jharkhand

Industry

Metals and Minerals

Who are the key members and board of directors at Sati Ferro Tech?

Board Members (2)

Name Designation Appointment Date Status
Nitin Bhalotia Country flag representing In Director 17-May-2010 Current
Kunal Bhalotia Country flag representing In Director 17-May-2010 Current

Financial Performance of Sati Ferro Tech.

Sati Ferro Tech Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 81.52% decrease. The company also saw a substantial improvement in profitability, with a 63.61% increase in profit. The company's net worth Soared by an impressive increase of 13.38%.

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
-81.52%
Revenue from Operations
-81.52%
Total Assets
-14.25%
Profit or Loss
63.61%
Net Worth
13.38%
EBITDA
-1.67%

What is the Ownership and Shareholding Structure of Sati Ferro Tech?

In 2020, Sati Ferro Tech 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

₹110.82 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 110.00 Cr
  • Hdfc Bank Limited : 0.82 Cr

Latest Charge Details

Date Lender Amount Status
31 Jan 2024 State Bank Of India ₹40.00 Cr Open
28 Aug 2023 Hdfc Bank Limited ₹4.28 M Open
15 Mar 2023 State Bank Of India ₹66.00 Cr Open
23 Feb 2023 Hdfc Bank Limited ₹3.93 M Open
30 Mar 2018 State Bank Of India ₹4.00 Cr Open

How Many Employees Work at Sati Ferro Tech?

Unlock and access historical data on people associated with Sati Ferro Tech, 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 Sati Ferro Tech, 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 Sati Ferro Tech'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 Sati Ferro Tech

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Sati Ferro Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jharkhand.

    31 Mar 2024

  • Charges

    A charge with State Bank Of India amounted to Rs. 40.00 Cr with Charge ID 100888592 was registered on 31 Jan 2024.

    31 Jan 2024

  • Charges

    A charge with State Bank Of India of Rs. 66.00 Cr registered on 15 Mar 2023 with Charge ID 100740054 was modified on 30 Aug 2023.

    30 Aug 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.43 Cr with Charge ID 100815488 was registered on 28 Aug 2023.

    28 Aug 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 66.00 Cr with Charge ID 100740054 was registered on 15 Mar 2023.

    15 Mar 2023

Frequently asked questions

  • Sati Ferro Tech Private Limited was incorporated on 17 May 2010.

  • The authorized share capital of Sati Ferro Tech Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.26 Cr.

  • Currently 2 directors are associated with Sati Ferro Tech Private Limited.

    • Nitin Bhalotia
    • Kunal Bhalotia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sati Ferro Tech Private Limited is Naya Bazar, Near Borapatti Jugsalai India, Jamshedpur, Jharkhand, 831006.

  • The corporate identification number (CIN) of Sati Ferro Tech Private Limited is U28113JH2010PTC014182 and the company number is 014182 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Sati Ferro Tech Private Limited has fallen by -81.52%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Sati Ferro Tech Private Limited has experienced an upsurge of 13.38%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Sati Ferro Tech Private Limited amount to ₹ 110.82 Cr.

  • The most recent Balance Sheet for Sati Ferro Tech Private Limited was filed with the ROC on 31 Mar 2024.