Satsang Bearings Private Limited

Founded in 2005 and headquartered in Tamil Nadu, India.

2005 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 20, 2024

Satsang Bearings Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 19 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 6.10 M
  • Revenue Growth -56.49%
  • Profit Growth 154.86%
  • Ebitda -58.42%
  • Net Worth 0.96%
  • Total Assets -1.59%

About Satsang Bearings

Satsang Bearings Private Limited (SBPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 March 2005 and has a history of 19 years and 11 months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Business Outsourcing 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 0.50 M and a paid-up capital of Rs 0.10 M.

The company has closed loans amounting to ₹6.10 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Prabhat Sreewastav and Madhuri Sreevastav serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51433TN2005PTC055767

  • Company No.

    055767

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Mar 2005

  • Date of AGM

    29 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Business Outsourcing

Who are the key members and board of directors at Satsang Bearings?

Board Members (2)

NameDesignationAppointment DateStatus
Prabhat Sreewastav Country flag representing In Director 24-Mar-2005Current
Madhuri Sreevastav Country flag representing In Director 24-Mar-2005Current

Financial Performance of Satsang Bearings.

Satsang Bearings Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 56.49% decrease. The company also saw a substantial improvement in profitability, with a 154.86% increase in profit. The company's net worth moved up by a moderate rise of 0.96%.

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
-56.49%
Revenue from Operations
-55.01%
Total Assets
-1.59%
Profit or Loss
154.86%
Net Worth
0.96%
EBITDA
-58.42%

What is the Ownership and Shareholding Structure of Satsang Bearings?

In 2018, Satsang Bearings 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

₹6.10 M

Charges Breakdown by Lending Institutions

  • United Bank Of India : 0.61 Cr

Latest Charge Details

DateLenderAmountStatus
13 Apr 2005United Bank Of India₹6.10 MSatisfied

How Many Employees Work at Satsang Bearings?

Unlock and access historical data on people associated with Satsang Bearings, 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 Satsang Bearings, 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 Satsang Bearings'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 Satsang Bearings

Recent activity within the organization

  • Annual General Meeting

    Satsang Bearings Private Limited last Annual general meeting of members was held on 29 Sep 2024 as per latest MCA records.

    29 Sep 2024

  • Balance Sheet

    Satsang Bearings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge registered on 13 Apr 2005 via Charge ID 90290618 with United Bank Of India was fully satisfied on 25 Nov 2014.

    25 Nov 2014

  • Charges

    A charge with United Bank Of India amounted to Rs. 6.10 M with Charge ID 90290618 was registered on 13 Apr 2005.

    13 Apr 2005

  • Director Appointment

    Prabhat Sreewastav was appointed as a Director was appointed as a Director on 24 Mar 2005 & has been associated with this company since 19 years 11 months .

    24 Mar 2005

  • Director Appointment

    Madhuri Sreevastav was appointed as a Director was appointed as a Director on 24 Mar 2005 & has been associated with this company since 19 years 11 months .

    24 Mar 2005

Frequently asked questions

  • Satsang Bearings Private Limited was incorporated on 24 Mar 2005.

  • The authorized share capital of Satsang Bearings Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Satsang Bearings Private Limited.

    • Prabhat Sreewastav
    • Madhuri Sreevastav
  • As per Ministry of Corporate Affairs (Mca), the registered address of Satsang Bearings Private Limited is 21, Erraalu Chetty Street Chennai India, Chennai 600 001, Tamil Nadu, 600001.

  • The corporate identification number (CIN) of Satsang Bearings Private Limited is U51433TN2005PTC055767 and the company number is 055767 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Satsang Bearings Private Limited has fallen by -56.49%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Satsang Bearings Private Limited has experienced an upsurge of 0.96%.

  • The most recent Balance Sheet for Satsang Bearings Private Limited was filed with the ROC on 31 Mar 2024.