Satnam Oils Private Limited

Manufacturer and distributor of rice bran oil, cakes, and other oil products since 1998.

1998 | Patiala, Punjab (India) | Active
Last Updated: July 06, 2024

Satnam Oils Profile

Key Indicators

  • Authorised Capital ₹ 1.25 Cr
  • Paid Up Capital ₹ 1.18 Cr
  • Company Age 26 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.00 M
  • Satisfied Charges ₹ 5.80 Cr
  • Revenue Growth -66.39%
  • Profit Growth -63.61%
  • Ebitda -14.23%
  • Net Worth -22.95%
  • Total Assets -71.42%

About Satnam Oils

Satnam Oils Private Limited (SOPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 July 1998 and has a history of 26 years and six months. Its registered office is in Patiala, Punjab, India.

The Company is engaged in the Food And Beverages 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 1.25 Cr and a paid-up capital of Rs 1.18 Cr.

The company currently has active open charges totaling ₹5.00 M. The company has closed loans amounting to ₹5.80 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sanjeev Kumar and Arun Kumar serve as directors at the Company.

Company Details

  • Location

    Patiala, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15142PB1998PTC021605

  • Company No.

    021605

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Jul 1998

  • Date of AGM

    27 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Food and Beverages

Who are the key members and board of directors at Satnam Oils?

Board Members (2)

Name Designation Appointment Date Status
Sanjeev Kumar Country flag representing In Director 21-Jul-1998 Current
Arun Kumar Country flag representing In Director 02-Jun-2001 Current

Financial Performance of Satnam Oils.

Satnam Oils Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 66.39% decrease. The company also saw a substantial fall in profitability, with a 63.61% decrease in profit. The company's net worth observed a substantial decline by a decrease of 22.95%.

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
-66.39%
Revenue from Operations
-66.50%
Total Assets
-71.42%
Profit or Loss
-63.61%
Net Worth
-22.95%
EBITDA
-14.23%

What is the Ownership and Shareholding Structure of Satnam Oils?

In 2023, Satnam Oils had a promoter holding of 51.21% and a public holding of 48.79%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.50 Cr

Satisfied Charges

₹5.80 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 0.50 Cr

Latest Charge Details

Date Lender Amount Status
22 Apr 2022 State Bank Of India ₹5.00 M Open
05 Dec 2020 State Bank Of India ₹0.60 M Satisfied
22 May 1999 State Bank Of India ₹5.74 Cr Satisfied
24 Dec 1998 Punjab Financila Corporation Bank ₹0.00 Satisfied

How Many Employees Work at Satnam Oils?

Satnam Oils has a workforce of 6 employees as of Apr 07, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Satnam Oils, 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 Satnam Oils'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 Satnam Oils

Recent activity within the organization

  • Annual General Meeting

    Satnam Oils Private Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.

    27 Sep 2023

  • Charges

    A charge registered on 05 Dec 2020 via Charge ID 100397602 with State Bank Of India was fully satisfied on 13 Jul 2023.

    13 Jul 2023

  • Charges

    A charge registered on 22 May 1999 via Charge ID 90180139 with State Bank Of India was fully satisfied on 13 Jul 2023.

    13 Jul 2023

  • Balance Sheet

    Satnam Oils Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 0.50 Cr with Charge ID 100569717 was registered on 22 Apr 2022.

    22 Apr 2022

  • Charges

    A charge with State Bank Of India of Rs. 5.74 Cr registered on 22 May 1999 with Charge ID 90180139 was modified on 22 Mar 2022.

    22 Mar 2022

Frequently asked questions

  • Satnam Oils Private Limited was incorporated on 21 Jul 1998.

  • The authorized share capital of Satnam Oils Private Limited is ₹ 1.25 Cr and paid-up capital is ₹ 1.18 Cr.

  • Currently 2 directors are associated with Satnam Oils Private Limited.

    • Sanjeev Kumar
    • Arun Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Satnam Oils Private Limited is Narwana Roadpatran Distt Patiala India, Punjab, 147105.

  • The corporate identification number (CIN) of Satnam Oils Private Limited is U15142PB1998PTC021605 and the company number is 021605 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Satnam Oils Private Limited has fallen by -66.39%.

  • As Per 2023 financial reports, 6 employees are currently employed by Satnam Oils Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Satnam Oils Private Limited has experienced an downturn of -22.95%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Satnam Oils Private Limited amount to ₹ 5.00 M.

  • The most recent Balance Sheet for Satnam Oils Private Limited was filed with the ROC on 31 Mar 2023.