About Satco Wealth Private Limited
Data last updated: 21 February 2026
Satco Wealth Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Satco Capital Markets Limited. It specialises in brokerage and trading services, a part of the broader financial services sector. Incorporated on 27 October 1987, the company has been in operation for over 39 years.
Registered with ROC Mumbai under CIN U70101MH1987PTC045107.
Capital: an authorised share capital of ₹2.25 Cr and a paid-up capital of ₹1.53 Cr. Formerly known as Satco Commodities Private Limited and Pursons Commodities Private Limited. It is led by directors Sanjib Kumar Parhi and Deepak Surendra Kumar Jaggi.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 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.
The company has a workforce of approximately 2 employees as per the latest available data. It operates as a subsidiary of Satco Capital Markets Limited.
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.
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Registered Address5Th Floor 5B Technopolis Knowledge Park Mahakali Caves Road, Nr Udyog Bhavan Chakala Andheri East Mumbai – 400093., Maharashtra, India – 400093
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IndustryFinancial Services, Brokerage & Trading Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Satco Wealth Private Limited
Satco Wealth Private Limited has undergone 4 name changes throughout its history. The current legal name is Satco Wealth Private Limited, reflecting the company's evolution and rebranding over time.
| 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 |
Associated Brands with Satco Wealth Private Limited
Satco Wealth Private Limited operates one associated brand: Satco Wealth. These brands represent Satco Wealth Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Online investment platform for mutual fund and wealth management solutions for individuals | satcowealth.com |
Competitors & Alternatives of Satco Wealth Private Limited
Brands and companies operating in the same space as Satco Wealth Private Limited include Robinhood, Trade Republic, Saxo Bank and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Robinhood
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Commission-free trading and investment services are provided by Robinhood. | Menlo Park, United States, United States | 2013 |
Trade Republic
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Multi-asset trading platform for stocks, ETFs, and cryptocurrencies is provided. | Berlin, Germany, Germany | 2015 |
Saxo Bank
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Online platform for trading in forex, options, and CFDs | Copenhagen, Denmark, Denmark | 1992 |
Webull
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Broker-based online trading platform | New York, United States, United States | 2017 |
Vested Finance
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Online trading and investment platform | Berkeley, United States, United States | 2015 |
Pepperstone
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Trading platform for currencies, index CFDs, precious metals, energies, and cryptocurrencies | Nassau City, Bahamas, Bahamas | 2010 |
XTB Online Trading
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Forex broking services are provided online by XTB. | Warsaw, Poland, Poland | 2002 |
Exness Group
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Forex Broker | Limassol, Cyprus, Cyprus | 2008 |
Business Activity of Satco Wealth Private Limited
Satco Wealth Private Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including 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 for Satco Wealth Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Satco Wealth Private Limited
Satco Wealth Private Limited is audited by G M J & CO for the financial year 2021. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
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| G M J & CO | Locked | Locked | Locked |
Complete auditor history for Satco Wealth Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors of Satco Wealth Private Limited
Satco Wealth Private Limited is currently managed by 2 directors, with 6 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjib Kumar Parhi | Director | 15 Jan 2019 | 7 Years 7 Months | Current |
| Deepak Surendra Kumar Jaggi | Managing Director | 15 Jan 2019 | 7 Years 7 Months | Current |
Financials of Satco Wealth Private Limited FY 2025 filings available
Satco Wealth Private Limited reported revenue of ₹4.44 Cr (up 28.00% YoY) for FY 2025.
Ten-year financial statements for Satco Wealth Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
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Ownership and Shareholding of Satco Wealth Private Limited
Shareholding and ownership data for Satco Wealth Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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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
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 for Satco Wealth Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Satco Wealth Private Limited
GST registrations and filing compliance for Satco Wealth Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Satco Wealth Private Limited
Credit ratings, litigation, and regulatory alerts for Satco Wealth Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Satco Wealth Private Limited
MSME payment history for Satco Wealth Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Satco Wealth Private Limited
Corporate group structure for Satco Wealth Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Satco Wealth Private Limited
MCA filings and documents for Satco Wealth Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Satco Wealth Private Limited
Frequently Asked Questions about Satco Wealth Private Limited
Satco Wealth Private Limited is an active private limited company in the financial services sector based in Mumbai, Maharashtra, India. It was incorporated on 27 October 1987 (39+ years old) and is registered under CIN U70101MH1987PTC045107. The company has 2 employees.
Satco Wealth Private Limited reported revenue of ₹4.44 Cr for FY 2025 (up 28.00% YoY).
The current directors of Satco Wealth Private Limited are:
- Sanjib Kumar Parhi - Director
- Deepak Surendra Kumar Jaggi - Managing Director
The primary industry of Satco Wealth Private Limited is financial services. The company specifically operates in brokerage and trading services. The company is currently active in this sector.
Satco Wealth Private Limited can be reached at the registered office: 5Th Floor 5B Technopolis Knowledge Park Mahakali Caves Road, Nr Udyog Bhavan Chakala Andheri East Mumbai – 400093, Maharashtra, India – 400093, or through the website satcowealth.com.
The authorised capital is ₹2.25 Cr, and the paid-up capital is ₹1.53 Cr.