Satyam Suitings Pvt Ltd

Textile company specializing in fabric production, trade, and waste thread and yarn dealing.

1987 | Bhilwara, Rajasthan (India) | Active
Last Updated: June 17, 2024

Satyam Suitings Profile

Key Indicators

  • Authorised Capital ₹ 1.32 Cr
  • Paid Up Capital ₹ 1.24 Cr
  • Company Age 37 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.64 Cr
  • Satisfied Charges ₹ 26.22 Cr
  • Revenue Growth -3.08%
  • Profit Growth 11.31%
  • Ebitda -11.05%
  • Net Worth 6.13%
  • Total Assets -32.62%

About Satyam Suitings

Satyam Suitings Pvt Ltd (SSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 August 1987 and has a history of 37 years and five months. Its registered office is in Bhilwara, Rajasthan, India.

The Company is engaged in the Manufacturing 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 1.32 Cr and a paid-up capital of Rs 1.24 Cr.

The company currently has active open charges totaling ₹5.64 Cr. The company has closed loans amounting to ₹26.22 Cr, as per Ministry of Corporate Affairs (MCA) records.

Shambhuprasad Kabra, Satyaprakash Kabra, and Mahesh Kabra serve as directors at the Company.

Company Details

  • Location

    Bhilwara, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18108RJ1987PTC004056

  • Company No.

    004056

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Aug 1987

  • Date of AGM

    06 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Manufacturing

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

Board Members (3)

Name Designation Appointment Date Status
Shambhuprasad Kabra Country flag representing In Director 05-Aug-1987 Current
Satyaprakash Kabra Country flag representing In Director 29-Oct-1988 Current
Mahesh Kabra Country flag representing In Director 28-Oct-2005 Current

Financial Performance of Satyam Suitings.

Satyam Suitings Pvt Ltd, for the financial year ended 2023, experienced Minor drop in revenue, with a 3.08% decrease. The company also saw a substantial improvement in profitability, with a 11.31% increase in profit. The company's net worth moved up by a moderate rise of 6.13%.

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
-3.08%
Revenue from Operations
-3.20%
Total Assets
-32.62%
Profit or Loss
11.31%
Net Worth
6.13%
EBITDA
-11.05%

What is the Ownership and Shareholding Structure of Satyam Suitings?

In 2023, Satyam Suitings had a promoter holding of 94.54% and a public holding of 5.46%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.64 Cr

Satisfied Charges

₹26.22 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 5.29 Cr
  • Others : 0.35 Cr

Latest Charge Details

Date Lender Amount Status
28 Mar 2024 State Bank Of India ₹3.85 M Open
30 Dec 2021 State Bank Of India ₹5.50 M Open
24 Apr 2018 Others ₹3.50 M Open
04 Jun 1992 State Bank Of India ₹4.35 Cr Open
11 Jun 2020 State Bank Of India ₹1.80 M Satisfied

How Many Employees Work at Satyam Suitings?

Satyam Suitings has a workforce of 30 employees as of Apr 07, 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 Suitings, 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 Suitings'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 Suitings

Recent activity within the organization

  • Charges

    A charge with State Bank Of India amounted to Rs. 0.39 Cr with Charge ID 100897100 was registered on 28 Mar 2024.

    28 Mar 2024

  • Charges

    A charge registered on 11 Jun 2020 via Charge ID 100349163 with State Bank Of India was fully satisfied on 26 Mar 2024.

    26 Mar 2024

  • Annual General Meeting

    Satyam Suitings Pvt Ltd last Annual general meeting of members was held on 06 Sep 2023 as per latest MCA records.

    06 Sep 2023

  • Balance Sheet

    Satyam Suitings Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Jaipur.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India of Rs. 4.35 Cr registered on 04 Jun 1992 with Charge ID 90069677 was modified on 01 Sep 2022.

    01 Sep 2022

  • Charges

    A charge with State Bank Of India amounted to Rs. 0.55 Cr with Charge ID 100526392 was registered on 30 Dec 2021.

    30 Dec 2021

Frequently asked questions

  • Satyam Suitings Pvt Ltd was incorporated on 05 Aug 1987.

  • The authorized share capital of Satyam Suitings Pvt Ltd is ₹ 1.32 Cr and paid-up capital is ₹ 1.24 Cr.

  • Currently 3 directors are associated with Satyam Suitings Pvt Ltd.

    • Shambhuprasad Kabra
    • Satyaprakash Kabra
    • Mahesh Kabra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Satyam Suitings Pvt Ltd is G-34-35 Riico Extension Biliya, Bhilwara, Rajasthan, India, 311001.

  • The corporate identification number (CIN) of Satyam Suitings Pvt Ltd is U18108RJ1987PTC004056 and the company number is 004056 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Satyam Suitings Pvt Ltd is https://www.samarpansynthetics.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Satyam Suitings Pvt Ltd has fallen by -3.08%.

  • As Per 2023 financial reports, 30 employees are currently employed by Satyam Suitings Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Satyam Suitings Pvt Ltd has experienced an upsurge of 6.13%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Satyam Suitings Pvt Ltd amount to ₹ 5.64 Cr.

  • The most recent Balance Sheet for Satyam Suitings Pvt Ltd was filed with the ROC on 31 Mar 2023.