Satkul Enterprises Limited

Manufacturer of welding consumables, including hoses, wires, and alloys under the brand 'Falcon'.

1999 | Ahmedabad, Gujarat (India) | Active
Last Updated: July 18, 2024

Satkul Enterprises Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 25 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.72 Cr
  • Satisfied Charges ₹ 4.21 Cr
  • Revenue Growth 29.49%
  • Profit Growth 35.71%
  • Ebitda 84.40%
  • Net Worth 8.92%
  • Total Assets 22.84%

About Satkul Enterprises

Satkul Enterprises Limited (SEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 26 February 1999 and has a history of 25 years and 11 months. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Machinery And Equipment 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 3.00 M and a paid-up capital of Rs 2.00 M.

The company currently has active open charges totaling ₹4.72 Cr. The company has closed loans amounting to ₹4.21 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mohanjitsingh Bagga, Satbirsingh Bagga, and Kulbirsingh Bagga serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27209GJ1999PLC035510

  • Company No.

    035510

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Feb 1999

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Satkul Enterprises Limited offer?

Satkul Enterprises Limited offers a wide range of products and services, including Gas Cylinders and Accessories, Gas Regulators, Fan Parts, Fan Regulator, Welding Equipments & Machinery, Welding Accessories, Welding Material, Hoses & Hose Fittings, Rubber Hose, Welding Machine Parts.

Who are the key members and board of directors at Satkul Enterprises?

Board Members (3)

Name Designation Appointment Date Status
Satbirsingh Bagga Country flag representing In Director 01-Jan-2006 Current
Mohanjitsingh Bagga Country flag representing In Director 17-Nov-2009 Current
Kulbirsingh Bagga Country flag representing In Director 01-May-2001 Current

Financial Performance of Satkul Enterprises.

Satkul Enterprises Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.49% increase. The company also saw a substantial improvement in profitability, with a 35.71% increase in profit. The company's net worth moved up by a moderate rise of 8.92%.

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
29.49%
Revenue from Operations
33.83%
Total Assets
22.84%
Profit or Loss
35.71%
Net Worth
8.92%
EBITDA
84.40%

What is the Ownership and Shareholding Structure of Satkul Enterprises?

In 2023, Satkul Enterprises 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

₹47.19 M

Satisfied Charges

₹42.10 M

Charges Breakdown by Lending Institutions

  • Others : 4.72 Cr

Latest Charge Details

Date Lender Amount Status
19 Aug 2011 Others ₹4.72 Cr Open
06 Aug 2007 State Bank Of India ₹0.30 M Satisfied
21 Jun 2007 State Bank Of India ₹3.68 Cr Satisfied
03 Nov 2006 Bank Of Baroda ₹5.00 M Satisfied

How Many Employees Work at Satkul Enterprises?

Unlock and access historical data on people associated with Satkul Enterprises, 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 Satkul Enterprises, 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 Satkul Enterprises'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 Satkul Enterprises

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Satkul Enterprises Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 47.19 M registered on 19 Aug 2011 with Charge ID 10308290 was modified on 22 Mar 2023.

    22 Mar 2023

  • Charges

    A charge registered on 06 Aug 2007 via Charge ID 10063467 with State Bank Of India was fully satisfied on 07 Aug 2012.

    07 Aug 2012

  • Charges

    A charge registered on 21 Jun 2007 via Charge ID 10061927 with State Bank Of India was fully satisfied on 07 Aug 2012.

    07 Aug 2012

  • Charges

    A charge with Others amounted to Rs. 47.19 M with Charge ID 10308290 was registered on 19 Aug 2011.

    19 Aug 2011

Frequently asked questions

  • Satkul Enterprises Limited was incorporated on 26 Feb 1999.

  • The authorized share capital of Satkul Enterprises Limited is ₹ 3.00 M and paid-up capital is ₹ 2.00 M.

  • Currently 3 directors are associated with Satkul Enterprises Limited.

    • Mohanjitsingh Suratsingh Bagga
    • Satbirsingh Mohanjitsingh Bagga
    • Kulbirsingh Mohanjitsingh Bagga
  • As per Ministry of Corporate Affairs (Mca), the registered address of Satkul Enterprises Limited is M-21New Madhavpura Market Shahibaug Road, Ahmedabad, Gujarat, India, 380004.

  • The corporate identification number (CIN) of Satkul Enterprises Limited is U27209GJ1999PLC035510 and the company number is 035510 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Satkul Enterprises Limited is https://www.satkulwelding.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Satkul Enterprises Limited has risen by 29.49%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Satkul Enterprises Limited has experienced an upsurge of 8.92%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Satkul Enterprises Limited amount to ₹ 4.72 Cr.

  • The most recent Balance Sheet for Satkul Enterprises Limited was filed with the ROC on 31 Mar 2023.

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