Satrac Engineering Profile
Key Indicators
- Authorised Capital ₹ 188.00 Cr
- Paid Up Capital ₹ 155.20 Cr
- Company Age 27 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- 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 three months. Its registered office is in Bangaluru, 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 2024. It's a company limited by shares with an authorized capital of Rs 188.00 Cr and a paid-up capital of Rs 155.20 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. Takeo Norimitsu, Satoshi Okamoto, Kenichi Shimakawa, and One other member serve as directors at the Company.
Company Details
- Location
Bangaluru, 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
20 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- 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.
Satrac Engineering Private Limited
Explore comprehensive data for Satrac Engineering Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Satrac Engineering?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Poosapadi Raja | Company Secretary | 08-Nov-2023 | Current |
Mrinal Chandrashekar  | Managing Director | 28-Nov-1997 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Takeo Norimitsu  | Director | 09-Sep-2020 | Current |
| Satoshi Okamoto | Director | 27-Dec-2022 | Current |
| Kenichi Shimakawa | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
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.
Deals i
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
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
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
- Annual General Meeting
Satrac Engineering Private Limited last Annual general meeting of members was held on 20 Aug 2024 as per latest MCA records.
- Charges
A charge registered on 04 Jan 2018 via Charge ID 100152069 with Axis Bank Limited was fully satisfied on 03 Apr 2024.
- Balance Sheet
Satrac Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Director Appointment
Poosapadi Krishna Raja Varsha Raja was appointed as a Company Secretary was appointed as a Company Secretary on 08 Nov 2023 & has been associated with this company since 1 year 4 months .
- 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 2 months .
- 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 6 months .
Frequently asked questions
What is the Incorporation or founding date of Satrac Engineering Private Limited?
Satrac Engineering Private Limited was incorporated on 28 Nov 1997.
What is authorized share capital and paid-up capital of Satrac Engineering Private Limited?
The authorized share capital of Satrac Engineering Private Limited is ₹ 188.00 Cr and paid-up capital is ₹ 155.20 Cr.
Who are the current board members & directors of Satrac Engineering Private Limited?
Currently 5 directors are associated with Satrac Engineering Private Limited.
- Takeo Norimitsu
- Satoshi Okamoto
- Poosapadi Krishna Raja Varsha Raja
- Kenichi Shimakawa
- Mrinal Bantwal Chandrashekar
What is the registered address of Satrac Engineering Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Satrac Engineering Private Limited is 127 128 129(P) Sompura Industrial Area Dabaspet 3Rd Phase, India, Nelamangala, Karnataka, 562132.
What is the corporate identification number (CIN) and company number of Satrac Engineering Private Limited?
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).
What is the official website of Satrac Engineering Private Limited?
The Official website of Satrac Engineering Private Limited is https://www.satrac.com
What has been the recent revenue trend for Satrac Engineering Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Satrac Engineering Private Limited has risen by 30.15%.
How many employees does Satrac Engineering Private Limited currently have?
As Per 2023 financial reports, 186 employees are currently employed by Satrac Engineering Private Limited.
What change has been observed in the net worth of Satrac Engineering Private Limited, and by what percentage?
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%.
When was the last Balance Sheet of Satrac Engineering Private Limited filed with the ROC?
The most recent Balance Sheet for Satrac Engineering Private Limited was filed with the ROC on 31 Mar 2024.
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