Satia Synthetics Limited logo

Satia Synthetics Limited

Manufactures and exports cotton yarn with 55,000 spindles and branches in Punjab, Ludhiana, New Delhi, and Chandigarh.

1992 Muktsar, Punjab (India) Active

About

Basic Data Updated:

2 months ago
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 31 years and ten months. Its registered office is in Muktsar, Punjab, India.

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 Corporate currently has active open charges totaling ₹209.21 cr. It has already closed loans amounting to ₹121.45 cr, as per the 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.

Industry

Company Details

  • Location

    Muktsar, Punjab, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU17111PB1992PLC012747
Company No.012747
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date23 Nov 1992
Date of AGM30 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Chandigarh

Products or Services related to Satia Synthetics Limited

Cards Feeding Machine

Feeding Machine

Comber Spares

Comber Spares

Textile Machinery Spares

Cotton Spinning Machine

Ring Frame

Textile Machinery Spares

product
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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.

Financials of Satia Synthetics Limited

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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%.

Corporate Structure

Shareholding-Indiacator
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Unlock access to Satia Synthetics's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

People in Satia Synthetics Limited

Executive Team (3)

  • AS

    Anil Satia In Managing Director

    Appointment Date: 28-Sep-1996

    Status: Current

  • R

    Ruma Company Secretary

    Appointment Date: 24-Apr-2019

    Status: Current

  • VS

    Vikas Setia CFO

    Appointment Date: 24-Apr-2019

    Status: Current

Board Members(3)

Charges (Loans)

Open Charges Satisfied Charges

₹209.21 cr

₹121.45 cr

LenderAmountStatus

Indian Overseas Bank

Creation Date: 03 Mar 2018
₹4.00 MOpen

Indian Overseas Bank

Creation Date: 23 Dec 2015
₹18.00 CrOpen

Indian Oversees Bank

Creation Date: 31 Oct 2013
₹3.50 CrOpen

Deals i

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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

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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.

Alert

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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.

Related Corporates (Common Directorship)

  • T C Leasing And Investment Llp

    T C Leasing And Investment Llp

    Active build-icon 1 year 3 months

    Anil Satia is a mutual person

Recent activity within the organization

  • Activity

    Annual General Meeting

    Satia Synthetics Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023
  • Activity

    Charges

    A charge with Others of Rs. 12.81 cr registered on 16 Aug 2007 with Charge ID 10065549 was modified on 26 Jul 2023.

    26 Jul 2023
  • Activity

    Charges

    A charge with Others of Rs. 15.00 cr registered on 18 Jul 2007 with Charge ID 10062200 was modified on 26 Jul 2023.

    26 Jul 2023
  • Activity

    Charges

    A charge with Others of Rs. 15.00 cr registered on 14 Dec 2006 with Charge ID 10034574 was modified on 26 Jul 2023.

    26 Jul 2023
  • Activity

    Charges

    A charge with Others of Rs. 122.00 cr registered on 21 Dec 1998 with Charge ID 90177959 was modified on 26 Jul 2023.

    26 Jul 2023

Frequently asked questions

What is the Incorporation or founding date of Satia Synthetics Limited?

Satia Synthetics Limited was incorporated 31 years 10 months ago on 23 Nov 1992 with Registrar of Companies Roc Chandigarh.

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