About Satara Polymers Pvt Ltd
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Satara Polymers Pvt Ltd is a private limited company based in Pune, Maharashtra, India. It operates in the rubber-based products segment of the manufacturing sector. It was incorporated on 23 February 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U24134MH1987PTC042655. Its GSTIN is 27AACCS9249L1ZQ (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4 Lakh. It is led by directors including Aditya Ashok Gupta and Satish Shaligram Gupta.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at S 158 MIDC Areabhosari, Pune, Maharashtra, India – 411026.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.47 Cr, a growth of 40% compared to the previous year. For the same year it recorded a net profit of ₹1.24 Cr (net margin 50.1%) and EBITDA of ₹1.64 Cr (EBITDA margin 66.1%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 2% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: GB Rubber Products. As per MCA filings, the company has open charges of ₹18.71 Cr on record. Court records list 7 cases involving the company, including 6 filed by the company and 1 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gbrubberproduct.com.
Company details
Contact details
Satara Polymers Pvt Ltd's registered office is in Pune, Maharashtra. Its website is gbrubberproduct.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressS 158 MIDC Areabhosari, Pune, Maharashtra, India – 411026
- IndustryManufacturing, Rubber-Based Products
To see the full contact details of Satara Polymers Pvt Ltd, 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
Satara Polymers operates one associated brand: GB Rubber Products. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures rubber molded parts, sealing solutions, and metal-bonded components for industries. | gbrubberproduct.com |
Business activity
The main business activity of Satara Polymers is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Satara Polymers Pvt Ltd, buy the company report.
Financials of Satara Polymers Pvt Ltd
FY 2024 filings availableSatara Polymers Pvt Ltd reported revenue of ₹2.47 Cr (up 40% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 40% growth in the latest year. EBITDA rose 58% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.64 Cr | ||||
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| Net Profit (PAT) | ₹1.24 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 66.1% | ||||
| Net Profit Margin | 50.1% | ||||
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To see the full financial statements and ratios of Satara Polymers Pvt Ltd, buy the company report.
Board of directors of Satara Polymers Pvt Ltd
Satara Polymers has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aditya Ashok Gupta | Director | 15 Apr 2017 | 9 Years 6 Months | Current |
| Satish Shaligram Gupta Also directs: G B Gummi LLP, Anand Tyre Retreading (Pune) Pvt Ltd, Aditya Elastobond Pvt Ltd and 5 more | Director | 23 Feb 1987 | 39 Years 8 Months | Current |
| Ashok Shaligram Gupta Also directs: G B Gummi LLP, Anand Tyre Retreading (Pune) Pvt Ltd, Aditya Elastobond Pvt Ltd and 5 more | Director | 23 Feb 1987 | 39 Years 8 Months | Current |
Auditor
Satara Polymers Pvt Ltd is audited by J G JAJU & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J G JAJU & CO | FY 2023 | 104006W |
Shareholding
The shareholding of Satara Polymers Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Satara Polymers Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Oct 2023 | 100805738 | Others | ₹18.45 Cr | Open | |
| 24 Jun 1993 | 90087786 | The Saraswat Co. Operative Bank Ltd. | ₹15 Lakh | Open | |
| 04 Feb 1989 | 90083584 | The Saraswat Co. Operative Bank Ltd. | ₹3 Lakh | Open | |
| 14 Nov 1988 | 90083564 | The Saraswat Co. Operative Bank Ltd. | ₹7.5 Lakh | Open |
Total charge records: 4 View all charges
Legal cases
Satara Polymers Pvt Ltd has 7 court cases on record: 6 filed by Satara Polymers, 1 filed against it. 3 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 1 | 3 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against K. S. Gupta Partner Gupta Enterprises | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Sharada Motors Industries Ltd. | Pending |
| District court, Pune, Maharashtra | Court case (R.C.C.) | Filed by the company against M/S.Gupta Enterprises and 3 others | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Sharada Motors Industries Ltd. | Disposed |
| District court, Pune, Maharashtra | Court case (Cri.Rev.App.) | Filed against the company by M/S Gupta Enterprises Etc 3 and 3 others | Disposed |
To see the full case history of Satara Polymers Pvt Ltd, 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 Satara Polymers Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Satara Polymers Pvt Ltd has a workforce of 18 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Satara Polymers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCS9249L1ZQ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Satara Polymers Pvt Ltd, buy the company report.
Recent activity
Satara Polymers Pvt Ltd has 4 board changes on record since 1987: 3 appointments and 1 cessation. The latest: Aditya Ashok Gupta ceased to be Additional Director on 30 Sep 2017.
Frequently asked questions
Satara Polymers is an active private limited company based in Pune, Maharashtra, India. The company works in rubber-based products, within the manufacturing industry. It was incorporated on 23 February 1987 (39+ years old) and is registered under CIN U24134MH1987PTC042655.
Satara Polymers has 3 current directors:
- Aditya Ashok Gupta - Director
- Satish Shaligram Gupta - Director
- Ashok Shaligram Gupta - Director
The latest financial statements of Satara Polymers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Satara Polymers is 27AACCS9249L1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Satara Polymers is U24134MH1987PTC042655. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Satara Polymers has 7 court cases on record: 6 filed by the company and 1 filed against it. 3 are pending.
Satara Polymers was incorporated on 23 February 1987, making it 39+ years old. It is registered with the Registrar of Companies, Pune.
Aditya Ashok Gupta ceased to be Additional Director on 30 Sep 2017. Aditya Ashok Gupta was appointed as Director on 15 Apr 2017. Ashok Shaligram Gupta was appointed as Director on 23 Feb 1987. Satara Polymers has 4 board changes on record in total.
Satara Polymers can be reached through the website gbrubberproduct.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Satara Polymers is at S 158 MIDC Areabhosari, Pune, Maharashtra, India – 411026.
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