Satnam Agri Products Limited
About Satnam Agri Products Limited
Data last updated:
Satnam Agri Products Limited is a public limited company based in Jalandhar, Punjab, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the instant and ready-to-eat foods segment of the food and beverages sector. It was incorporated on 14 July 2003.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U15138PB2003PLC026185. Its GSTIN is 03AAHCS7675R1ZH (Punjab).
The company has an authorised share capital of ₹16.75 Cr and a paid-up capital of ₹16.73 Cr. It is led by directors including Mandip Singh (Managing Director) and Harjeet Singh.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Village Partap Pura Jamsher Road Near Lambra, Jalandhar, Punjab, India – 144026.
As per the financials filed for FY 2018, the company reported a revenue of ₹1.04 Cr, a decline of 67% compared to the previous year. For the same year it recorded a net loss of ₹3.91 Cr (net margin -376.6%) and EBITDA of -₹56.18 Lakh (EBITDA margin -54.1%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹31.1 Cr on record. Court records list 42 cases involving the company, including 24 filed by the company and 18 filed against it; 2 cases are pending.
Company details
CIN history
Satnam Agri Products has one previous CIN (Corporate Identification Number): L15138PB2003PLC026185. The current CIN is U15138PB2003PLC026185, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15138PB2003PLC026185 | Current |
| L15138PB2003PLC026185 | Previous |
Contact details
Satnam Agri Products Limited's registered office is in Jalandhar, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressVillage Partap Pura Jamsher Road Near Lambra, Jalandhar, Punjab, India – 144026
- IndustryFood and Beverages, Instant & Ready-to-Eat Foods
To see the full contact details of Satnam Agri Products 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 Satnam Agri Products 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 Satnam Agri Products Limited, buy the company report.
Financials of Satnam Agri Products Limited
FY 2018 filings availableSatnam Agri Products Limited reported revenue of ₹1.04 Cr (down 67% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 25% over three years, including a 67% fall in the latest year. EBITDA fell 139% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹1.04 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹56.18 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹3.91 Cr | |||
| 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -54.1% | |||
| Net Profit Margin | -376.6% | |||
| 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 | ||||
To see the full financial statements and ratios of Satnam Agri Products Limited, buy the company report.
Board of directors of Satnam Agri Products Limited
Satnam Agri Products has 6 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harjeet Singh | Director | 27 Apr 2006 | 20 Years 6 Months | As last reported |
| Girish Chandra Pande | Nominee Director | 11 Jun 2007 | 19 Years 4 Months | As last reported |
| Rajinder Kaur | Director | 19 Nov 2005 | 20 Years 11 Months | As last reported |
| Rajnish Tuli Also directs: International Fresh Farm Products India Limited | Nominee Director | 17 Feb 2007 | 19 Years 8 Months | As last reported |
| Sukhbinder Singh | Director | 30 Sep 2016 | 10 Years 1 Months | As last reported |
| Mandip Singh | Managing Director | 14 Jul 2003 | 23 Years 3 Months | As last reported |
Peer comparison
Satnam Agri Products Limited is compared with the 7 companies closest to it by revenue in the Food and Beverages industry (Instant Foods), 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 |
|---|---|---|---|---|---|---|
| Sonawane Foods Private Limited | ₹1.05 Cr (FY 2024) | 94.0% | Nashik, Maharashtra, India | |||
| Oceyan Funfoods Private Limited | ₹1.05 Cr (FY 2025) | 27.0% | Vadodara, Gujarat, India | |||
| Sanskriti Fresh Foods Private Limited | ₹1.04 Cr (FY 2024) | -5.0% | Ghaziabad, Uttar Pradesh, India | |||
| Bindumaize Milling Export Private Limited | ₹1.04 Cr (FY 2024) | -48.0% | Varanasi, Uttar Pradesh, India | |||
| Satnam Agri Products Limitedthis company | ₹1.04 Cr (FY 2018) | -₹3.91 Cr | -376.6% | -67.0% | 6 | Jalandhar, Punjab, India |
| Lackos India Private Limited | ₹1.04 Cr (FY 2022) | Thanjavur, Tamil Nadu, India | ||||
| La Plume Private Limited | ₹1.02 Cr (FY 2025) | 99.0% | Bhopal, Madhya Pradesh, India | |||
| Vipraa Food Private Limited | ₹1.02 Cr (FY 2024) | 89.0% | Delhi, India |
To see the full peer comparison of Satnam Agri Products Limited, buy the company report.
Auditor
Satnam Agri Products Limited is audited by NAVNEET K AGGARWAL & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NAVNEET K AGGARWAL & ASSOCIATES | FY 2018 | 019308N |
Shareholding
The shareholding of Satnam Agri Products Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Satnam Agri Products Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Aug 2009 | 10177615 | Union Bank of India | ₹15 Lakh | Open | |
| 30 Jan 2007 | 10039646 | State Bank of India & Indian Overseas Bank | ₹6 Cr | Open | |
| 19 Jan 2007 | 10039641 | State Bank of India | ₹3 Cr | Open | |
| 09 Sep 2005 | 90170198 | State Bank of India with Nabard and Iob (Charge Filed Separately for Each Bank) | ₹7.72 Cr | Open | |
| 09 Sep 2005 | 90172321 | Indian Overseas Bank(Iob) with Nabard and Sbi(Charge Filed Separately for Each Bank) | ₹7.12 Cr | Open |
To see the full charge records of Satnam Agri Products Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Satnam Agri Products Limited has 42 court cases on record: 24 filed by Satnam Agri Products, 18 filed against it. 2 cases are pending and 40 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 31 | 15 | 2 |
| High courts | 8 | 2 | 0 |
| NCLAT | 2 | 1 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 42)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jalandhar, Punjab | Execution petition | Filed by the company against Capricom Food Products India Ltd. | Disposed |
| District court, Jalandhar, Punjab | Civil miscellaneous application | Filed against the company by Capricorn Food Products India Ltd. | Disposed |
| District court, Jalandhar, Punjab | Original application | Filed against the company by Capricorn Food Products India Limited | Disposed |
| NCLAT, Court II | Tribunal matter | Filed by the company against M/S Pagro Frozen Foods Pvt Limited and 1 other | Disposed |
| District court, Jalandhar, Punjab | Civil miscellaneous application | Filed by the company against Punjab Agro Industries Corporation Limited and 6 others | Disposed |
To see the full case history of Satnam Agri Products 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 Satnam Agri Products Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Satnam Agri Products Limited has a workforce of 6 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Satnam Agri Products has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAHCS7675R1ZH | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Satnam Agri Products Limited, buy the company report.
Recent activity
Satnam Agri Products Limited has 9 board changes on record since 2003: 6 appointments and 3 cessations. The latest: Harbans Singh ceased to be Cfo(Kmp) on 28 Feb 2019.
10 earlier events are in the company report.
Frequently asked questions
Satnam Agri Products is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Satnam Agri Products is a company under liquidation, formerly operating as a public limited company based in Jalandhar, Punjab, India. The company works in instant and ready-to-eat foods, within the food and beverages industry. It was incorporated on 14 July 2003 and is registered under CIN U15138PB2003PLC026185. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Satnam Agri Products has 6 current directors:
- Mandip Singh - Managing Director
- Harjeet Singh - Director
- Girish Chandra Pande - Nominee Director
- Rajinder Kaur - Director
- Rajnish Tuli - Nominee Director
- Sukhbinder Singh - Director
The latest financial statements of Satnam Agri Products on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Satnam Agri Products is U15138PB2003PLC026185. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Satnam Agri Products has open charges of ₹31.1 Cr and no satisfied charges on record as per latest MCA filings.
Satnam Agri Products has 42 court cases on record: 24 filed by the company and 18 filed against it. 2 are pending. Most are in the district courts.
Satnam Agri Products was incorporated on 14 July 2003. It is registered with the Registrar of Companies, Chandigarh.
The peers of Satnam Agri Products by revenue are Sonawane Foods Private Limited, Oceyan Funfoods Private Limited, Sanskriti Fresh Foods Private Limited, Bindumaize Milling Export Private Limited, Lackos India Private Limited and 2 more, all in the Food and Beverages industry (Instant Foods), with the same principal business activity (food, beverages and tobacco products).
Harbans Singh ceased to be Cfo(Kmp) on 28 Feb 2019. Sukhbinder Singh ceased to be Additional Director on 30 Sep 2017. Kamal Jit Kaur ceased to be Director on 03 Dec 2016. Satnam Agri Products has 9 board changes on record in total.
The registered office of Satnam Agri Products is at Village Partap Pura Jamsher Road Near Lambra, Jalandhar, Punjab, India – 144026.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
