Sati Niketan Private Limited
About Sati Niketan Private Limited
Data last updated:
Sati Niketan Private Limited was a private limited company based in Kolkata, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate marketing and sales segment of the real estate and construction sector. It was incorporated on 14 November 2006.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U45200WB2006PTC111786.
The company had an authorised share capital of ₹10.5 Lakh and a paid-up capital of ₹7.46 Lakh. It was led by directors Kusum Poddar and Balkrishan Poddar.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 34A Metcalfe Street Bowbazar, Kolkata, West Bengal, India – 700013.
As per the financials filed for FY 2023, the company reported a revenue of ₹21.75 Lakh, a decline of 33% compared to the previous year. For the same year it recorded a net loss of ₹2.68 Lakh (net margin -12.3%) and EBITDA of -₹1.03 Lakh (EBITDA margin -4.8%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years and 39% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
Company details
Contact details
Sati Niketan Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address is in the company report.
- Email
- Registered Address34A Metcalfe Street Bowbazar, Kolkata, West Bengal, India – 700013
- IndustryReal Estate and Construction, Real Estate Marketing & Sales
To see the full contact details of Sati Niketan Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Sati Niketan is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Sati Niketan Private Limited, buy the company report.
Financials of Sati Niketan Private Limited
FY 2023 filings availableSati Niketan Private Limited reported revenue of ₹21.75 Lakh (down 33% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 33% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 39%. EBITDA fell 104% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Total Expenses | |||||
| EBITDA | -₹1.03 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.68 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.8% | ||||
| Net Profit Margin | -12.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Sati Niketan Private Limited, buy the company report.
Board of directors of Sati Niketan Private Limited
Sati Niketan has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kusum Poddar | Director | 14 Nov 2006 | 19 Years 11 Months | As last reported |
| Balkrishan Poddar | Director | 27 Jun 2011 | 15 Years 4 Months | As last reported |
Auditor
Sati Niketan Private Limited is audited by AJAY M L & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AJAY M L & CO | FY 2019 | 325464E |
Shareholding
The shareholding of Sati Niketan Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sati Niketan Private Limited, buy the company report.
Legal cases
Sati Niketan Private Limited has 1 court case on record: 1 filed by Sati Niketan. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Kolkata | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Sati Niketan Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sati Niketan Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Sati Niketan has 2 associated companies. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Sati Niketan Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sati Niketan Private Limited has 5 board changes on record since 2006: 2 appointments and 3 cessations. The latest: Jaikishan Poddar ceased to be Director on 28 Jun 2011.
Frequently asked questions
Sati Niketan has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Sati Niketan was a private limited company based in Kolkata, West Bengal, India. The company worked in real estate marketing and sales, within the real estate and construction industry. It was incorporated on 14 November 2006 and is registered under CIN U45200WB2006PTC111786. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Sati Niketan was incorporated on 14 November 2006. It is registered with the Registrar of Companies, Kolkata.
Sati Niketan had 2 directors:
- Kusum Poddar - Director
- Balkrishan Poddar - Director
The CIN (Corporate Identification Number) of Sati Niketan is U45200WB2006PTC111786. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Sati Niketan is at 34A Metcalfe Street Bowbazar, Kolkata, West Bengal, India – 700013.
The latest financial statements of Sati Niketan on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
Sati Niketan operated in the real estate and construction industry, in the real estate marketing and sales segment.
Sati Niketan has 1 court case on record: 1 filed by the company.
Jaikishan Poddar ceased to be Director on 28 Jun 2011. Radheyshyam Poddar ceased to be Director on 28 Jun 2011. Balkrishan Poddar was appointed as Director on 27 Jun 2011. Sati Niketan has 5 board changes on record in total.
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