About Satco Wealth Private Limited
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Satco Wealth Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Satco Capital Markets Limited. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 27 October 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70101MH1987PTC045107. Its GSTIN is 27AAACP3273B1ZS (Maharashtra). The company holds 10 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2.25 Cr and a paid-up capital of ₹1.53 Cr. It was formerly known as Satco Commodities Private Limited and Pursons Commodities Private Limited. It is led by directors Deepak Surendra Kumar Jaggi (Managing Director) and Sanjib Kumar Parhi.
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 5th Floor 5B Technopolis Knowledge Park Mahakali Caves Road, Nr Udyog Bhavan Chakala Andheri East Mumbai – 400093., Maharashtra, India – 400093.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.44 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹6.43 Lakh (net margin 1.4%) and EBITDA of ₹10.42 Lakh (EBITDA margin 2.3%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 73% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Satco Wealth. As per MCA filings, the company has satisfied charges of ₹3 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website satcowealth.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered Address5th Floor 5B Technopolis Knowledge Park Mahakali Caves Road, Nr Udyog Bhavan Chakala Andheri East Mumbai – 400093., Maharashtra, India – 400093
- IndustryFinancial Services, Brokerage & Trading Services
- 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
- One PDF report, delivered after checkout
Business Activity of Satco Wealth Private Limited
The main business activity of Satco Wealth is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | 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 Satco Wealth Private Limited FY 2025 filings available
Satco Wealth Private Limited reported revenue of ₹4.44 Cr (up 28% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Satco Wealth Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 73% over five years, including 28% growth in the latest year. EBITDA rose 145% 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 Satco Wealth Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹10.42 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.43 Lakh | •••• | •••• | •••• | •••• |
| 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 Satco Wealth Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.4% | •••• | •••• | •••• | •••• |
| 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 Satco Wealth 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 Satco Wealth Private Limited
Satco Wealth Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Financial Instrument Distributors). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Green Turtle Finserv Private Limited | ₹4.68 Cr (FY 2025) | •••• | •••• | 133.0% | •••• | New Delhi, Delhi, India |
| Wollfish Labs Private Limited | ₹4.61 Cr (FY 2024) | •••• | •••• | -46.0% | •••• | Haryana, India |
| Marnes HRM Services Private Limited | ₹4.58 Cr (FY 2019) | •••• | •••• | -9.0% | •••• | Bangalore, Karnataka, India |
| Crescent Mutual Fund Distributors Private Limited | ₹4.55 Cr (FY 2024) | •••• | •••• | 13.0% | •••• | Pune, Maharashtra, India |
| Gcic Finserve Limited | ₹4.49 Cr (FY 2025) | •••• | •••• | 146.0% | •••• | New Delhi, Delhi, India |
| Satco Wealth Private Limited this company | ₹4.44 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Mumbai, Maharashtra, India |
| Mentor Funds Distributors Private Limited | ₹4.28 Cr (FY 2024) | •••• | •••• | 39.0% | •••• | Delhi, India |
| Anandamoyee Vanijya Private Limited | ₹4.09 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Kolkata, West Bengal, India |
| Fundchoice Financial Services Private Limited | ₹4.02 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Bangalore, Karnataka, India |
| Priyarth Ventures Private Limited | ₹3.99 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | Thane, Maharashtra, India |
| Artham Finometry Private Limited | ₹3.92 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Satco Wealth by revenue in the BFSI industry (Financial Instrument Distributors), 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 Satco Wealth Private Limited
Satco Wealth Private Limited is audited by G M J & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G M J & 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 Satco Wealth Private Limited
Satco Wealth has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjib Kumar Parhi | Director | 15 Jan 2019 | 7 Years 9 Months | Current |
| Deepak Surendra Kumar Jaggi | Managing Director | 15 Jan 2019 | 7 Years 9 Months | Current |
Ownership and Shareholding of Satco Wealth 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 Satco Wealth Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 May 2015 | Indusind Bank Ltd. | ₹3 Cr | Satisfied |
Total charge records: 1 View all charges
Associated Brands with Satco Wealth Private Limited
Satco Wealth operates one associated brand: Satco Wealth. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online investment platform for mutual fund and wealth management solutions for individuals | satcowealth.com |
Employees and EPFO Compliance at Satco Wealth Private Limited
Satco Wealth Private Limited has a workforce of 2 employees as of Mar 23, 2024.
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.
Name History of Satco Wealth Private Limited
Satco Wealth has undergone 4 name changes throughout its history. The current legal name is Satco Wealth Private Limited.
| Company Name | Status |
|---|---|
| Satco Wealth Private Limited | Current |
| Satco Commodities Private Limited | Previous |
| Pursons Commodities Private Limited | Previous |
| Satco Wealth Managers Private Limited | Previous |
| Pursons Land Developers Private Limited | Previous |
Recent Activity on Satco Wealth Private Limited
Satco Wealth Private Limited has 8 board changes on record since 2006: 2 appointments and 6 cessations. The latest: Deepak Surendra Kumar Jaggi ceased to be Director on 01 Aug 2022.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Satco Wealth 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 Satco Wealth 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 Satco Wealth 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 Satco Wealth Private Limited
Satco Wealth has 10 GST registrations: 1 active and 9 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACP3273B1ZS | Maharashtra | Active | 01 Jul 2017 |
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 Satco Wealth 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 Satco Wealth Private Limited
Satco Wealth is an active private limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 27 October 1987 (39+ years old) and is registered under CIN U70101MH1987PTC045107.
Satco Wealth reported revenue of ₹4.44 Cr for FY 2025 (up 28% YoY).
Satco Wealth has 2 current directors:
- Deepak Surendra Kumar Jaggi - Managing Director
- Sanjib Kumar Parhi - Director
Satco Wealth reported a net profit of ₹6.43 Lakh (net margin 1.4%) and EBITDA of ₹10.42 Lakh (EBITDA margin 2.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Satco Wealth is 21% over three years and 73% over five years. In the latest year (FY 2025) revenue rose 28%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Satco Wealth is 27AAACP3273B1ZS, registered in Maharashtra. The company has 10 GST registrations in all, of which 1 is active and 9 are cancelled or inactive.
The CIN (Corporate Identification Number) of Satco Wealth is U70101MH1987PTC045107. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Satco Wealth was incorporated on 27 October 1987, making it 39+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Satco Wealth by revenue are Green Turtle Finserv Private Limited, Wollfish Labs Private Limited, Marnes HRM Services Private Limited, Crescent Mutual Fund Distributors Private Limited, Gcic Finserve Limited and 5 more, all in the BFSI industry (Financial Instrument Distributors).
Deepak Surendra Kumar Jaggi ceased to be Director on 01 Aug 2022. Naresh Tejwani Madhu ceased to be Director on 05 May 2021. Srichand Teckchand Gerela ceased to be Director on 27 May 2020. Satco Wealth has 8 board changes on record in total.
Satco Wealth can be reached through the website satcowealth.com. Its registered office is in Mumbai, Maharashtra, India.