Satia Synthetics Profile
Key Indicators
- Authorised Capital ₹ 63.40 Cr
as on 06-07-2024
- Paid Up Capital ₹ 63.11 Cr
as on 06-07-2024
- Company Age 32 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 209.21 Cr
as on 06-07-2024
- Satisfied Charges ₹ 121.45 Cr
as on 06-07-2024
- Revenue -79.56%
(FY 2023)
- Profit 41.63%
(FY 2023)
- Ebitda 83.81%
(FY 2023)
- Net Worth -6.30%
(FY 2023)
- Total Assets -17.03%
(FY 2023)
About Satia Synthetics
The Company is engaged in the Manufacturing 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 63.40 Cr and a paid-up capital of Rs 63.11 Cr.
The company currently has active open charges totaling ₹209.21 Cr. The company has closed loans amounting to ₹121.45 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Satia Synthetics Limited India are Ruma as COMPANY SECRETARY and Vikas Setia as Cfo. Anil Satia, Birendra Singh, Madan Chopra, and One other member serve as directors at the Company.
- CIN/LLPIN
U17111PB1992PLC012747
- Company No.
012747
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
23 Nov 1992
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Company Details
- Location
Muktsar, Punjab, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Satia Synthetics Limited offer?
Satia Synthetics Limited offers a wide range of products and services, including Industrial Machinery, Feeding Machine, Textile Machinery Spares, Comber Spares, Spinning Machinery, Cotton Spinning Machine, Apparel & Textile Machinery, Cotton Yarn, Cotton Carded Yarn.
Who are the key members and board of directors at Satia Synthetics?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anil Satia  | Managing Director | 28-Sep-1996 | Current |
| Ruma | Company Secretary | 24-Apr-2019 | Current |
| Vikas Setia | CFO | 24-Apr-2019 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Birendra Singh | Director | 28-Mar-2011 | Current |
| Madan Chopra | Director | 31-Mar-2017 | Current |
| Kailash Chandra | Director | 31-Mar-2017 | Current |
Financial Performance of Satia Synthetics.
Satia Synthetics Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 79.56% decrease. The company also saw a substantial improvement in profitability, with a 41.63% increase in profit. The company's net worth dipped by a decrease of 6.3%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Satia Synthetics?
In 2023, Satia Synthetics had a promoter holding of 93.46% and a public holding of 6.54%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Indian Overseas Bank Creation Date: 03 Mar 2018 | ₹4.00 M | Open |
Indian Overseas Bank Creation Date: 23 Dec 2015 | ₹18.00 Cr | Open |
Indian Oversees Bank Creation Date: 31 Oct 2013 | ₹3.50 Cr | Open |
How Many Employees Work at Satia Synthetics?
Satia Synthetics has a workforce of 332 employees as of Mar 29, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Satia Synthetics, 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 Satia Synthetics's trajectory.
Rating
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
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.
