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Satco Wealth Private Limited - Company Profile

It is a financial services private limited company based in Mumbai, Maharashtra, India, established in 1987.

1987 | Mumbai, Maharashtra, India | Active
Last Updated:

About Satco Wealth Private Limited

Satco Wealth Private Limited, a active private limited company, was established on 27 October 1987 in Mumbai, Maharashtra, India. Engaging in brokerage & trading services within the financial and insurance service sector, it holds CIN: U70101MH1987PTC045107. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹2.25 Cr and a paid-up capital of ₹1.53 Cr.

Formerly known as Satco Commodities Private Limited, Pursons Commodities Private Limited. It upholds a compliant status. Employing 2 professional, Its leadership includes Sanjib Kumar Parhi (Director), Deepak Surendra Kumar Jaggi (Managing Director). Past directors included Sanjib Kumar Parhi, Deepak Surendra Kumar Jaggi, Srichand Teckchand Gerela. It holds no open charges and ₹3.00 Cr settled loans. Its latest AGM occurred on 21 August 2024, with the balance sheet filed on 31 March 2024. It is based at 5Th Floor, 5B, Technopolis Knowledge Park, Mahakali Caves Road,, Nr Udyog Bhavan, Chakala, Andheri East, Mumbai - 400093., Mumbai, Maharashtra, 400093.

Company Details

  • CIN/LLPIN

    U70101MH1987PTC045107

  • Registration Number

    045107

  • Incorporation Date

    27 October 1987

  • Authorized Capital

    ₹2.25 Cr

  • Paid-Up Capital

    ₹1.53 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 2.25 Cr
  • Paid Up Capital ₹ 1.53 Cr
  • Company Age 38 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 3.00 Cr
  • Revenue Growth 382.18%
  • Profit Growth 150.21%
  • Ebitda 138.90%
  • Net Worth 14.81%
  • Total Assets 13.66%
Company report

Satco Wealth Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Satco Wealth Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Satco Wealth Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Sanjib Kumar ParhiDirector15 Jan 2019Current
Deepak Surendra Kumar JaggiManaging Director15 Jan 2019Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director07 Sep 2019Past
Pramod AbcsddDirector01 Aug 2022Past
Pramod AbcsddDirector27 May 2020Past
Pramod AbcsddDirector29 Sep 2006Past
Pramod AbcsddDirector05 May 2021Past
Pramod AbcsddDirector30 Jan 2014Past

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Financial Performance of Satco Wealth.

Satco Wealth Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 382.18% increase. The company also saw a substantial improvement in profitability, with a 150.21% increase in profit. The company's net worth Soared by an impressive increase of 14.81%.

Satco Wealth revenue growth over time
Satco Wealth profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
382.18%
Revenue from Operations
457.69%
Total Assets
13.66%
Profit or Loss
150.21%
Net Worth
14.81%
EBITDA
138.90%

What is the Ownership and Shareholding Structure of Satco Wealth?

In 2021, Satco Wealth had a promoter holding of 83.00% and a public holding of 17.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹30,000,000.00

Charges Breakdown by Lending Institutions

  • Indusind Bank Ltd. : 3.00 Cr

Latest Charge Details

DateLenderAmountStatus
22 May 2015Indusind Bank Ltd.₹3.00 CrSatisfied

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How Many Employees Work at Satco Wealth?

Satco Wealth has a workforce of 2 employees as of Mar 23, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Satco Wealth Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Satco Wealth, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Satco Wealth's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Satco Wealth

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Satco Wealth Private Limited last Annual general meeting of members was held on 21 Aug 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Satco Wealth Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 22 May 2015 via Charge ID 10572470 with Indusind Bank Ltd. was fully satisfied on 16 Dec 2020. was documented.

  • Director Appointment

    Progress on Sanjib Kumar Parhi was appointed as a Director was appointed as a Director on 15 Jan 2019 & has been associated with this company since 6 years 10 months . was documented.

  • Director Appointment

    The activity Deepak Surendra Kumar Jaggi was appointed as a Managing Director was appointed as a Managing Director on 15 Jan 2019 & has been associated with this company since 6 years 10 months . was completed.

  • Charges

    The activity A charge with Indusind Bank Ltd. amounted to Rs. 3.00 Cr with Charge ID 10572470 was registered on 22 May 2015. was completed.

Frequently Asked Questions

  • What is the CIN of Satco Wealth Private Limited?

    The CIN of Satco Wealth Private Limited is U70101MH1987PTC045107.

  • Where is Satco Wealth Private Limited headquartered?

    Satco Wealth Private Limited is headquartered at 5Th Floor, 5B, Technopolis Knowledge Park, Mahakali Caves Road,, Nr Udyog Bhavan, Chakala, Andheri East, Mumbai - 400093., Mumbai, Maharashtra, 400093.

  • When was Satco Wealth Private Limited incorporated?

    Satco Wealth Private Limited was incorporated on 27 October 1987.

  • Who are the current directors of Satco Wealth Private Limited?

    The current directors of Satco Wealth Private Limited are

  • What is the primary industry of Satco Wealth Private Limited?

    The primary industry of Satco Wealth Private Limited is Financial And Insurance Service.

  • Is Satco Wealth Private Limited a listed company?

    Satco Wealth Private Limited is unlisted.

  • What is the capital structure of Satco Wealth Private Limited?

    The authorized capital of Satco Wealth Private Limited is ₹2.25 Cr, and the paid-up capital is ₹1.53 Cr.

  • What is the compliance status of Satco Wealth Private Limited?

    The compliance status of Satco Wealth Private Limited is Compliant.

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