Satra Development Finance Private Limited

Provides financial services and partnerships for inclusive growth, registered with RBI since 1994.

1994 | Darrang, Assam (India) | Active
Last Updated: December 27, 2024

Satra Development Finance Profile

Key Indicators

  • Authorised Capital ₹ 5.50 Cr
  • Paid Up Capital ₹ 2.68 Cr
  • Company Age 30 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 16.40 Cr
  • Satisfied Charges ₹ 31.00 Cr
  • Revenue Growth -29.36%
  • Profit Growth -13.48%
  • Ebitda -29.48%
  • Net Worth 2.84%
  • Total Assets -22.02%

About Satra Development Finance

Satra Development Finance Private Limited (SDFPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 September 1994 and has a history of 30 years and four months. Its registered office is in Darrang, Assam, India.

The Corporate was formerly known as Multiple Finance Private Limited. The Company is engaged in the Financial Services 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 5.50 Cr and a paid-up capital of Rs 2.68 Cr.

The company currently has active open charges totaling ₹16.40 Cr. The company has closed loans amounting to ₹31.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nani Saikia, Biplab Saharia, Ajit Saharia, and One other member serve as directors at the Company.

Company Details

  • Location

    Darrang, Assam, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    satradevfin.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65923AS1994PTC011614

  • Company No.

    011614

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Sep 1994

  • Date of AGM

    15 Jun 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Shillong

Industry

Financial Services

Who are the key members and board of directors at Satra Development Finance?

Executive Team (1)

NameDesignationAppointment DateStatus
Nani Saikia Country flag representing In Managing Director26-Sep-2011Current

Board Members (3)

NameDesignationAppointment DateStatus
Biplab Saharia Country flag representing In Whole-Time Director 26-Sep-2011Current
Ajit Saharia Country flag representing In Director 24-Sep-2022Current
Olee Bora Country flag representing In Nominee Director 04-Feb-2017Current

Financial Performance of Satra Development Finance.

Satra Development Finance Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 29.36% decrease. The company also saw a substantial fall in profitability, with a 13.48% decrease in profit. The company's net worth moved up by a moderate rise of 2.84%.

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
-29.36%
Revenue from Operations
-29.36%
Total Assets
-22.02%
Profit or Loss
-13.48%
Net Worth
2.84%
EBITDA
-29.48%

What is the Ownership and Shareholding Structure of Satra Development Finance?

In 2021, Satra Development Finance had a promoter holding of 21.16% and a public holding of 78.84%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹16.40 Cr

Satisfied Charges

₹31.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 10.40 Cr
  • North Eastern Development Finance Corporation Limited : 6.00 Cr

Latest Charge Details

DateLenderAmountStatus
12 Aug 2024Others₹1.00 CrOpen
08 Jun 2023North Eastern Development Finance Corporation Limited₹5.00 CrOpen
06 Jun 2023Others₹1.20 CrOpen
03 Mar 2023Others₹7.00 MOpen
12 Oct 2022Others₹4.00 CrOpen

How Many Employees Work at Satra Development Finance?

Satra Development Finance has a workforce of 21 employees as of Apr 05, 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 Satra Development Finance, 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 Satra Development Finance'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 Satra Development Finance

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100960033 was registered on 12 Aug 2024.

    12 Aug 2024

  • Annual General Meeting

    Satra Development Finance Private Limited last Annual general meeting of members was held on 15 Jun 2024 as per latest MCA records.

    15 Jun 2024

  • Balance Sheet

    Satra Development Finance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Shillong.

    31 Mar 2024

  • Charges

    A charge registered on 09 Apr 2021 via Charge ID 100436178 with North Eastern Development Finance Corporation Limited was fully satisfied on 31 Aug 2023.

    31 Aug 2023

  • Charges

    A charge with North Eastern Development Finance Corporation Limited amounted to Rs. 5.00 Cr with Charge ID 100727181 was registered on 08 Jun 2023.

    08 Jun 2023

  • Charges

    A charge with Others amounted to Rs. 1.20 Cr with Charge ID 100726118 was registered on 06 Jun 2023.

    06 Jun 2023

Frequently asked questions

  • Satra Development Finance Private Limited was incorporated on 26 Sep 1994.

  • The authorized share capital of Satra Development Finance Private Limited is ₹ 5.50 Cr and paid-up capital is ₹ 2.68 Cr.

  • Currently 4 directors are associated with Satra Development Finance Private Limited.

    • Nani Kumar Saikia
    • Biplab Saharia
    • Ajit Kumar Saharia
    • Olee Bora
  • As per Ministry of Corporate Affairs (Mca), the registered address of Satra Development Finance Private Limited is Sahitya Sava Bhavan, Dhanai Bora Chowk Village: Pachimchuba India, Sipajhar, Assam, 784145.

  • The corporate identification number (CIN) of Satra Development Finance Private Limited is U65923AS1994PTC011614 and the company number is 011614 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Satra Development Finance Private Limited is https://www.satradevfin.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Satra Development Finance Private Limited has fallen by -29.36%.

  • As Per 2022 financial reports, 21 employees are currently employed by Satra Development Finance Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Satra Development Finance Private Limited has experienced an upsurge of 2.84%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Satra Development Finance Private Limited amount to ₹ 16.40 Cr.

  • The most recent Balance Sheet for Satra Development Finance Private Limited was filed with the ROC on 31 Mar 2024.

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