IT Satisfy Private Limited
About IT Satisfy Private Limited
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IT Satisfy Private Limited is a private limited company based in Bhusawal, Maharashtra, India. It operates in the computer segment of the electronics sector. It was incorporated on 21 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U32201MH2011PTC215056.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Tadnya Technosys Private Limited. It is led by directors Sahas Vishwanath Thakare and Rahul Ramdas Hingonekar.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Balladeshwar Colony B – 20 Sahakar Nagar Behind St.Aloysius High School, Bhusawal, Maharashtra, India – 425201.
As per the financials filed for FY 2021, the company reported a revenue of ₹11.64 Lakh, a decline of 22% compared to the previous year. For the same year it recorded a net loss of ₹77,019 (net margin -6.6%) and EBITDA of ₹1.66 Lakh (EBITDA margin 14.3%). Revenue has declined at a compounded annual rate (CAGR) of 65% over three years and 9% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressBalladeshwar Colony B – 20 Sahakar Nagar Behind St.Aloysius High School, Bhusawal, Maharashtra, India – 425201
- IndustryElectrnoics, Computer, Scientific Measuring Equipment, Electronic, Communication
- 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
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Business Activity of IT Satisfy Private Limited
The main business activity of IT Satisfy is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of IT Satisfy Private Limited FY 2021 filings available
IT Satisfy Private Limited reported revenue of ₹11.64 Lakh (down 22% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of IT Satisfy Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 22% fall in the latest year. EBITDA fell 39% 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 of IT Satisfy Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.66 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹77,019 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of IT Satisfy Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -6.6% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of IT Satisfy are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of IT Satisfy Private Limited
IT Satisfy Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer, electronic, Communication and scientific measuring & control equipment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dynamic Gigalink Private Limited | ₹11.83 Lakh (FY 2021) | •••• | •••• | •••• | Gujarat, India | |
| Mievo Technologies Private Limited | ₹11.8 Lakh (FY 2025) | •••• | •••• | 220.0% | •••• | Kalyanpur, Uttar Pradesh, India |
| Anamed Instruments Pvt Ltd | ₹11.71 Lakh (FY 2024) | •••• | •••• | 10.0% | •••• | Mumbai, Maharashtra, India |
| Silverethics Technologies Private Limited | ₹11.71 Lakh (FY 2025) | •••• | •••• | 303.0% | •••• | Ahmedabad, Gujarat, India |
| Revgenaie Private Limited | ₹11.66 Lakh (FY 2025) | •••• | •••• | 833.0% | •••• | Bengaluru, Karnataka, India |
| IT Satisfy Private Limited this company | ₹11.64 Lakh (FY 2021) | •••• | •••• | -22.0% | •••• | Bhusawal, Maharashtra, India |
| Sensio Enterprises Private Limited | ₹11.47 Lakh (FY 2025) | •••• | •••• | 2466.0% | •••• | Bangalore, Karnataka, India |
| Alter EV Conversion Private Limited | ₹11.45 Lakh (FY 2024) | •••• | •••• | 154.0% | •••• | Ahmedabad, Gujarat, India |
| Seleicon Hi-Tec Electronic Systems Private Limited | ₹11.41 Lakh (FY 2023) | •••• | •••• | -36.0% | •••• | Cranford Tiruchirappali, Tamil Nadu, India |
| Green Cloud Isoft Private Limited | ₹11.32 Lakh (FY 2024) | •••• | •••• | -33.0% | •••• | Gandhinagar, Gujarat, India |
| Gloverse Labs Private Limited | ₹11.32 Lakh (FY 2024) | •••• | •••• | 1058.0% | •••• | Udaipur, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below IT Satisfy by revenue in the same principal business activity (Computer, electronic, Communication and scientific measuring & control equipment), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of IT Satisfy Private Limited
IT Satisfy Private Limited is audited by S.D Dale and Co. for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S.D Dale and Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of IT Satisfy Private Limited
IT Satisfy 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 |
|---|---|---|---|---|
| Sahas Vishwanath Thakare | Director | 21 Mar 2011 | 15 Years 6 Months | Current |
| Rahul Ramdas Hingonekar Also directs: Cinoid Research Private Limited | Director | 10 Sep 2015 | 11 Years 1 Months | Current |
Ownership and Shareholding of IT Satisfy Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of IT Satisfy Private Limited
IT Satisfy Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at IT Satisfy Private Limited
Employment history and EPFO contributions of people linked to IT Satisfy.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on IT Satisfy Private Limited
IT Satisfy Private Limited has 4 board changes on record since 2011: 2 appointments and 2 cessations. The latest: Rahul Ramdas Hingonekar was appointed as Director on 10 Sep 2015.
Credit Ratings, Litigation & Regulatory Alerts for IT Satisfy Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by IT Satisfy Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of IT Satisfy Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of IT Satisfy Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of IT Satisfy Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about IT Satisfy Private Limited
IT Satisfy is an active private limited company based in Bhusawal, Maharashtra, India. The company works in computer, within the electronics industry. It was incorporated on 21 March 2011 (15+ years old) and is registered under CIN U32201MH2011PTC215056.
IT Satisfy reported revenue of ₹11.64 Lakh for FY 2021 (down 22% YoY).
IT Satisfy has 2 current directors:
- Sahas Vishwanath Thakare - Director
- Rahul Ramdas Hingonekar - Director
IT Satisfy reported a net loss of ₹77,019 (net margin -6.6%) and EBITDA of ₹1.66 Lakh (EBITDA margin 14.3%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of IT Satisfy is -65% over three years and -9% over five years. In the latest year (FY 2021) revenue fell 22%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of IT Satisfy is U32201MH2011PTC215056. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
IT Satisfy was incorporated on 21 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of IT Satisfy by revenue are Dynamic Gigalink Private Limited, Mievo Technologies Private Limited, Anamed Instruments Pvt Ltd, Silverethics Technologies Private Limited, Revgenaie Private Limited and 5 more, all in the same principal business activity (Computer, electronic, Communication and scientific measuring & control equipment).
Rahul Ramdas Hingonekar was appointed as Director on 10 Sep 2015. Bhagwant Singh Tarjit Singh Chhabra ceased to be Director on 03 Sep 2015. Sagar Prakash Koshti ceased to be Director on 03 Sep 2015. IT Satisfy has 4 board changes on record in total.
The registered office of IT Satisfy is at Balladeshwar Colony B – 20 Sahakar Nagar Behind St.Aloysius High School, Bhusawal, Maharashtra, India – 425201.
IT Satisfy has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.