Satrac Engineering Private Limited

Manufactures truck bodies for major manufacturers in logistics, construction, transportation, and defense sectors.

1997 | Dobbaspet, Karnataka (India) | Active
Last Updated: July 06, 2024

Satrac Engineering Profile

Key Indicators

  • Authorised Capital ₹ 188.00 Cr
  • Paid Up Capital ₹ 92.20 Cr
  • Company Age 27 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 66.39 Cr
  • Revenue Growth 30.15%
  • Profit Growth 56.35%
  • Ebitda 44.43%
  • Net Worth 55.66%
  • Total Assets 32.46%

About Satrac Engineering

Satrac Engineering Private Limited (SEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 November 1997 and has a history of 27 years and two months. Its registered office is in Dobbaspet, Karnataka, India.

The Company is engaged in the Automotive 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 188.00 Cr and a paid-up capital of Rs 92.20 Cr.

The company has closed loans amounting to ₹66.39 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Satrac Engineering Private Limited India is Poosapadi Raja as COMPANY SECRETARY. Mrinal Chandrashekar, Satoshi Okamoto, Kenichi Shimakawa, and One other member serve as directors at the Company.

Company Details

  • Location

    Dobbaspet, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29210KA1997PTC023086

  • Company No.

    023086

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Nov 1997

  • Date of AGM

    21 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Automotive

What products or services does Satrac Engineering Private Limited offer?

Satrac Engineering Private Limited offers a wide range of products and services, including Commercial Vehicles & Three Wheelers, Tipper Trucks, Commercial Vehicle Spare Parts, Truck Trailer, Container Trailer, Tank Trucks, Gifts, Crafts & Artifacts, Gift Box.

Who are the key members and board of directors at Satrac Engineering?

Executive Team (2)

Name Designation Appointment Date Status
Poosapadi Raja Company Secretary Current
Mrinal Chandrashekar Country flag representing In Managing Director 28-Nov-1997 Current

Board Members (3)

Name Designation Appointment Date Status
Satoshi Okamoto Country flag representing Jp Director 27-Dec-2022 Current
Kenichi Shimakawa Country flag representing Jp Director 09-Sep-2020 Current
Takeo Norimitsu Country flag representing Jp Director 09-Sep-2020 Current

Financial Performance of Satrac Engineering.

Satrac Engineering Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 30.15% increase. The company also saw a substantial improvement in profitability, with a 56.35% increase in profit. The company's net worth Soared by an impressive increase of 55.66%.

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
30.15%
Revenue from Operations
30.10%
Total Assets
32.46%
Profit or Loss
56.35%
Net Worth
55.66%
EBITDA
44.43%

What is the Ownership and Shareholding Structure of Satrac Engineering?

In 2023, Satrac Engineering 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

₹0

Satisfied Charges

₹66.39 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 40.53 Cr
  • Axis Bank Limited : 23.50 Cr
  • Syndicate Bank : 2.35 Cr

Latest Charge Details

Date Lender Amount Status
04 Jan 2018 Axis Bank Limited ₹23.50 Cr Satisfied
28 Mar 2008 Syndicate Bank ₹0.70 M Satisfied
21 Jun 2006 Syndicate Bank ₹1.00 M Satisfied
20 Mar 2006 Canara Bank ₹40.53 Cr Satisfied
21 Jul 2004 Syndicate Bank ₹7.50 M Satisfied

How Many Employees Work at Satrac Engineering?

Satrac Engineering has a workforce of 186 employees as of Apr 08, 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 Satrac Engineering, 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 Satrac Engineering'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 Satrac Engineering

Recent activity within the organization

  • Charges

    A charge registered on 04 Jan 2018 via Charge ID 100152069 with Axis Bank Limited was fully satisfied on 03 Apr 2024.

    03 Apr 2024

  • Annual General Meeting

    Satrac Engineering Private Limited last Annual general meeting of members was held on 21 Aug 2023 as per latest MCA records.

    21 Aug 2023

  • Balance Sheet

    Satrac Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Satoshi Okamoto was appointed as a Director was appointed as a Director on 27 Dec 2022 & has been associated with this company since 2 years 1 month .

    27 Dec 2022

  • Director Appointment

    Takeo Norimitsu was appointed as a Director was appointed as a Director on 09 Sep 2020 & has been associated with this company since 4 years 5 months .

    09 Sep 2020

  • Director Appointment

    Kenichi Shimakawa was appointed as a Director was appointed as a Director on 09 Sep 2020 & has been associated with this company since 4 years 5 months .

    09 Sep 2020

Frequently asked questions

  • Satrac Engineering Private Limited was incorporated on 28 Nov 1997.

  • The authorized share capital of Satrac Engineering Private Limited is ₹ 188.00 Cr and paid-up capital is ₹ 92.20 Cr.

  • Currently 5 directors are associated with Satrac Engineering Private Limited.

    • Poosapadi Krishna Raja Varsha Raja
    • Mrinal Bantwal Chandrashekar
    • Satoshi Okamoto
    • Kenichi Shimakawa
    • Takeo Norimitsu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Satrac Engineering Private Limited is 127128 & 128(P) Sompura Industrial Area Niduvanda Village Nelamangala, Dobbaspet, Karnataka, India, 562111.

  • The corporate identification number (CIN) of Satrac Engineering Private Limited is U29210KA1997PTC023086 and the company number is 023086 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Satrac Engineering Private Limited is https://www.satrac.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Satrac Engineering Private Limited has risen by 30.15%.

  • As Per 2023 financial reports, 186 employees are currently employed by Satrac Engineering Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Satrac Engineering Private Limited has experienced an upsurge of 55.66%.

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

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