
About Sattvaponics Solutions Private Limited
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Sattvaponics Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the horticulture and produce segment of the agriculture sector. It was incorporated on 18 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017PTC295064. Its GSTIN is 27AAYCS6786L1Z0 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.62 Lakh. It is led by directors Ashish Deolal Korde and Kevin Gopal Parekh.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 14 F Vikhroli Corporate Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.01 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹3.39 Cr (net margin -112.6%) and EBITDA of -₹3.39 Cr (EBITDA margin -112.6%). Revenue has grown at a compounded annual rate (CAGR) of 77% over three years and 100% over five years.
The company is associated with 2 brands: Sattvaponics and Proeon. The company has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹11.68 Cr; the latest was in September 2021. Its 4 peer companies in the Agriculture industry (Fruits and Vegetables), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 1 larger and 3 smaller; the largest is Arvinder Frozen Products Pvt Ltd with revenue of ₹3.06 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sattvaponics.com.
Company details
Recognitions & Rankings of Sattvaponics Solutions
Contact details
Sattvaponics Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its website is sattvaponics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address12 13&14 F Vikhroli Corporate Park Tower – B, Lbs Marg Vikhroli(West), Mumbai, Maharashtra, India – 400079
- IndustryAgriculture, Horticulture & Produce
To see the full contact details of Sattvaponics Solutions 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
Brands
Sattvaponics Solutions operates two associated brands: Sattvaponics and Proeon. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Farming raw materials are supplied to agricultural operations in India. | sattvaponics.com | |
| Sustainable plant-based protein isolates are supplied for food uses. | proeon.co |
Business activity
The main business activity of Sattvaponics Solutions is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Sattvaponics Solutions Private Limited, buy the company report.
Financials of Sattvaponics Solutions Private Limited
FY 2025 filings availableSattvaponics Solutions Private Limited reported revenue of ₹3.01 Cr (up 243% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 100% over five years, including 243% growth in the latest year. EBITDA rose 13% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹3.39 Cr | ||||
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| Net Profit (PAT) | -₹3.39 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -112.6% | ||||
| Net Profit Margin | -112.6% | ||||
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To see the full financial statements and ratios of Sattvaponics Solutions Private Limited, buy the company report.
Board of directors of Sattvaponics Solutions Private Limited
Sattvaponics Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Deolal Korde Also directs: Proeon Foods Private Limited | Additional Director | 23 Mar 2018 | 8 Years 7 Months | Current |
| Kevin Gopal Parekh Also directs: Proeon Foods Private Limited | Additional Director | 23 Mar 2018 | 8 Years 7 Months | Current |
Peer comparison
Sattvaponics Solutions Private Limited is compared with the 4 companies closest to it by revenue in the Agriculture industry (Fruits and Vegetables), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Arvinder Frozen Products Pvt Ltd | ₹3.06 Cr (FY 2025) | 12.0% | Navi Mumbai, Maharashtra, India | |||
| Sattvaponics Solutions Private Limitedthis company | ₹3.01 Cr (FY 2025) | -₹3.39 Cr | -112.6% | 243.0% | Mumbai, Maharashtra, India | |
| Tarai Foods Limited | ₹2.95 Cr (FY 2021) | -6.0% | New Delhi, Delhi, India | |||
| Hopewell Manufacturing and Exports Private Limited | ₹2.93 Cr (FY 2025) | -76.0% | Bangalore, Karnataka, India | |||
| Yagnik Agro Food Process Private Limited | ₹2.84 Cr (FY 2025) | 33.0% | Junagadh, Gujarat, India |
To see the full peer comparison of Sattvaponics Solutions Private Limited, buy the company report.
Auditor
Sattvaponics Solutions Private Limited is audited by Patel Senghani & Parvadiya for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Patel Senghani & Parvadiya | FY 2022 | 141365W |
Shareholding
The shareholding of Sattvaponics Solutions Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|
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| Domestic institutional investors (DII) | ||||
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| Public | ||||
| Others |
To see the full shareholding pattern of Sattvaponics Solutions Private Limited, buy the company report.
Deals & funding
Sattvaponics Solutions Private Limited has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹11.68 Cr; the latest was in September 2021.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2021 | Funding round · Pre-Series A | ₹8 Cr | Investors: Waao Partners LLP , Angel List, 2 individuals |
| Oct 2019 | Funding round · Seed | ₹1.1 Cr | Investors: 4 individuals |
| Sep 2018 | Funding round | ₹2.57 Cr | Investors: IIMA Ventures (IIMA-CIIE), 3 individuals |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Sattvaponics Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sattvaponics Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sattvaponics Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAYCS6786L1Z0 | Maharashtra | Active | 04 May 2018 |
To see the full GST registrations and return filing status of Sattvaponics Solutions Private Limited, buy the company report.
Recent activity
Sattvaponics Solutions Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Ashish Deolal Korde was appointed as Additional Director on 23 Mar 2018.
Frequently asked questions
Sattvaponics Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in horticulture and produce, within the agriculture industry. It was incorporated on 18 May 2017 (9+ years old) and is registered under CIN U74999MH2017PTC295064.
Sattvaponics Solutions has 2 current directors:
- Ashish Deolal Korde - Additional Director
- Kevin Gopal Parekh - Additional Director
The latest financial statements of Sattvaponics Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Sattvaponics Solutions is 27AAYCS6786L1Z0, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Sattvaponics Solutions is U74999MH2017PTC295064. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sattvaponics Solutions was incorporated on 18 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Sattvaponics Solutions has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹11.68 Cr; the latest was in September 2021.
The peers of Sattvaponics Solutions by revenue are Arvinder Frozen Products Pvt Ltd, Tarai Foods Limited, Hopewell Manufacturing and Exports Private Limited, Yagnik Agro Food Process Private Limited, all in the Agriculture industry (Fruits and Vegetables), with the same principal business activity (food, beverages and tobacco products).
Ashish Deolal Korde was appointed as Additional Director on 23 Mar 2018. Deolal Anandrao Korde ceased to be Director on 23 Mar 2018. Kevin Gopal Parekh was appointed as Additional Director on 23 Mar 2018. Sattvaponics Solutions has 4 board changes on record in total.
Yes, Sattvaponics Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Sattvaponics Solutions can be reached through the website sattvaponics.com. Its registered office is in Mumbai, Maharashtra, India.