Satyam Solutions Limited

Provides motor vehicle trading and diverse solutions in consumer products, mining, and building.

1984 | Gwalior, Madhya Pradesh (India) | Active
Last Updated: October 24, 2024

Satyam Solutions Profile

Key Indicators

  • Authorised Capital ₹ 8.00 Cr
  • Paid Up Capital ₹ 7.47 Cr
  • Company Age 40 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 58.44 Cr
  • Satisfied Charges ₹ 32.15 Cr
  • Revenue Growth 106.67%
  • Profit Growth 1.92%
  • Ebitda 89.46%
  • Net Worth 132.91%
  • Total Assets 54.14%

About Satyam Solutions

Satyam Solutions Limited (SSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 June 1984 and has a history of 40 years and seven months. Its registered office is in Gwalior, Madhya Pradesh, India.

The Corporate was formerly known as Kunal Industrial Finance Company Ltd. 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 8.00 Cr and a paid-up capital of Rs 7.47 Cr.

The company currently has active open charges totaling ₹58.44 Cr. The company has closed loans amounting to ₹32.15 Cr, as per Ministry of Corporate Affairs (MCA) records.

Subhash Garga, Sharad Garg, and Saurabh Garg serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U74999MP1984PLC002486

  • Company No.

    002486

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Jun 1984

  • Date of AGM

    20 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Automotive
Metals and Minerals

What products or services does Satyam Solutions Limited offer?

Satyam Solutions Limited offers a wide range of products and services, including Glass, Gem Stone, Wood & Other Beads, Beads, Precious Stones and Gemstones, Semi Precious Stones, Silver Jewelry & Ornaments, Silver Pendants, Precious Stones & Gemstone Jewelry, Semi Precious Earrings, Gemstone, Opal Stone.

Who are the key members and board of directors at Satyam Solutions?

Board Members (3)

Name Designation Appointment Date Status
Sharad Garg Country flag representing In Director 04-Nov-2011 Current
Subhash Garga Country flag representing In Director 16-Jun-1984 Current
Saurabh Garg Country flag representing In Director 29-Jun-2021 Current

Financial Performance of Satyam Solutions.

Satyam Solutions Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 106.67% increase. The company also saw a slight improvement in profitability, with a 1.92% increase in profit. The company's net worth Soared by an impressive increase of 132.91%.

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
106.67%
Revenue from Operations
109.39%
Total Assets
54.14%
Profit or Loss
1.92%
Net Worth
132.91%
EBITDA
89.46%

What is the Ownership and Shareholding Structure of Satyam Solutions?

In 2023, Satyam Solutions 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

₹58.44 Cr

Satisfied Charges

₹32.15 Cr

Charges Breakdown by Lending Institutions

  • Others : 58.44 Cr

Latest Charge Details

Date Lender Amount Status
03 Mar 2023 Others ₹1.43 Cr Open
23 Jun 2022 Others ₹12.00 Cr Open
13 Oct 2020 Others ₹7.06 M Open
06 Jul 2020 Others ₹2.60 Cr Open
24 Jun 2020 Others ₹1.10 Cr Open

How Many Employees Work at Satyam Solutions?

Satyam Solutions has a workforce of 35 employees as of Apr 03, 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 Satyam Solutions, 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 Satyam Solutions'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 Satyam Solutions

Recent activity within the organization

  • Charges

    A charge registered on 29 Mar 2017 via Charge ID 100092943 with Others was fully satisfied on 16 May 2024.

    16 May 2024

  • Charges

    A charge with Others of Rs. 21.00 Cr registered on 30 Sep 2019 with Charge ID 100298539 was modified on 24 Nov 2023.

    24 Nov 2023

  • Annual General Meeting

    Satyam Solutions Limited last Annual general meeting of members was held on 20 Sep 2023 as per latest MCA records.

    20 Sep 2023

  • Charges

    A charge with Others of Rs. 12.00 Cr registered on 23 Jun 2022 with Charge ID 100593219 was modified on 30 May 2023.

    30 May 2023

  • Charges

    A charge with Others of Rs. 12.00 Cr registered on 16 Jan 2020 with Charge ID 100321663 was modified on 23 May 2023.

    23 May 2023

  • Balance Sheet

    Satyam Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Gwalior.

    31 Mar 2023

Frequently asked questions

  • Satyam Solutions Limited was incorporated on 16 Jun 1984.

  • The authorized share capital of Satyam Solutions Limited is ₹ 8.00 Cr and paid-up capital is ₹ 7.47 Cr.

  • Currently 3 directors are associated with Satyam Solutions Limited.

    • Subhash Chandra Garga
    • Sharad Garg
    • Saurabh Garg
  • As per Ministry of Corporate Affairs (Mca), the registered address of Satyam Solutions Limited is M-7 Laxmipuram Transport Nagar India, Gwalior, Madhya Pradesh, 474010.

  • The corporate identification number (CIN) of Satyam Solutions Limited is U74999MP1984PLC002486 and the company number is 002486 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Satyam Solutions Limited is https://www.satyamsolutions.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Satyam Solutions Limited has risen by 106.67%.

  • As Per 2023 financial reports, 35 employees are currently employed by Satyam Solutions Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Satyam Solutions Limited has experienced an upsurge of 132.91%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Satyam Solutions Limited amount to ₹ 58.44 Cr.

  • The most recent Balance Sheet for Satyam Solutions Limited was filed with the ROC on 31 Mar 2023.

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