Satia Synthetics Profile
Key Indicators
- Authorised Capital ₹ 63.40 Cr
- Paid Up Capital ₹ 63.11 Cr
- Company Age 32 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 209.21 Cr
- Satisfied Charges ₹ 121.45 Cr
- Revenue Growth -79.56%
- Profit Growth 41.63%
- Ebitda 83.81%
- Net Worth -6.30%
- Total Assets -17.03%
About Satia Synthetics
Satia Synthetics Limited (SSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 November 1992 and has a history of 32 years and three months. Its registered office is in Muktsar, Punjab.
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 2024. 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. Madan Chopra, Kailash Chandra, Birendra Singh, and One other member serve as directors at the Company.
Company Details
- Location Muktsar, Punjab
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17111PB1992PLC012747
- Company No.
012747
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
23 Nov 1992
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Manufacturing
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.
Satia Synthetics Limited
Explore comprehensive data for Satia Synthetics Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Satia Synthetics?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ruma | Company Secretary | 24-Apr-2019 | Current |
| Vikas Setia | CFO | 24-Apr-2019 | Current |
Anil Satia  | Managing Director | 28-Sep-1996 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Madan Chopra | Director | 31-Mar-2017 | Current |
| Kailash Chandra | Director | 31-Mar-2017 | Current |
| Birendra Singh | Director | 28-Mar-2011 | 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
- Ratios
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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)
T C Leasing And Investment LlpAnil Satia is a mutual person
Charges (Loans)
Open Charges
₹209.21 Cr
Satisfied Charges
₹121.45 Cr
Charges Breakdown by Lending Institutions
- Others : 186.71 Cr
- The Industrial Finance Corp. Of India Ltd : 12.00 Cr
- The Industrial Financa Corp. Of India Ltd : 4.53 Cr
- State Bank Of Patiala : 3.55 Cr
- Ifci Ltd : 1.21 Cr
- Others : 1.21 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Mar 2018 | Others | ₹4.00 M | Open |
| 23 Dec 2015 | Others | ₹18.00 Cr | Open |
| 31 Oct 2013 | Others | ₹3.50 Cr | Open |
| 16 Aug 2007 | Others | ₹12.81 Cr | Open |
| 18 Jul 2007 | Others | ₹15.00 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.
Latest Updates, News, and FAQs on Satia Synthetics
Recent activity within the organization
- Annual General Meeting
Satia Synthetics Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Satia Synthetics Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
- Charges
A charge with Others of Rs. 122.00 Cr registered on 21 Dec 1998 with Charge ID 90177959 was modified on 30 Mar 2024.
- Charges
A charge with Others of Rs. 0.40 Cr registered on 03 Mar 2018 with Charge ID 100172374 was modified on 26 Mar 2024.
- Charges
A charge with Others of Rs. 18.00 Cr registered on 23 Dec 2015 with Charge ID 10613833 was modified on 26 Mar 2024.
- Charges
A charge with Others of Rs. 3.50 Cr registered on 31 Oct 2013 with Charge ID 10464641 was modified on 26 Mar 2024.
Frequently asked questions
What is the Incorporation or founding date of Satia Synthetics Limited?
Satia Synthetics Limited was incorporated on 23 Nov 1992.
What is authorized share capital and paid-up capital of Satia Synthetics Limited?
The authorized share capital of Satia Synthetics Limited is ₹ 63.40 Cr and paid-up capital is ₹ 63.11 Cr.
Who are the current board members & directors of Satia Synthetics Limited?
Currently 6 directors are associated with Satia Synthetics Limited.
- Madan Mohan Chopra
- Kailash Chandra
- Ruma
- Vikas Setia
- Birendra Singh
- Anil Satia
What is the registered address of Satia Synthetics Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Satia Synthetics Limited is Villaga Lubanianwali Ferozpur Road India, Muktsar, Punjab.
What is the corporate identification number (CIN) and company number of Satia Synthetics Limited?
The corporate identification number (CIN) of Satia Synthetics Limited is U17111PB1992PLC012747 and the company number is 012747 as per Ministry of Corporate Affairs (MCA).
What is the official website of Satia Synthetics Limited?
The Official website of Satia Synthetics Limited is https://www.satiasyn.com
What has been the recent revenue trend for Satia Synthetics Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Satia Synthetics Limited has fallen by -79.56%.
How many employees does Satia Synthetics Limited currently have?
As Per 2023 financial reports, 332 employees are currently employed by Satia Synthetics Limited.
What change has been observed in the net worth of Satia Synthetics Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Satia Synthetics Limited has experienced an downturn of -6.30%.
What are the total open charges for Satia Synthetics Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Satia Synthetics Limited amount to ₹ 209.21 Cr.
When was the last Balance Sheet of Satia Synthetics Limited filed with the ROC?
The most recent Balance Sheet for Satia Synthetics Limited was filed with the ROC on 31 Mar 2024.
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