About Sate Process Equipment Pvt Ltd
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Sate Process Equipment Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Sate Chem Pvt Ltd. It operates in the real estate financing segment of the financial services sector. It was incorporated on 11 June 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74899MH1993PTC072355. Its GSTIN is 27AAGCS9828K1ZN (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Nakul Satish Shah and Satish Amritlal Shah.
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 2nd Floor 2023 Nibr Corporate Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹18.06 Lakh, a decline of 53% compared to the previous year. For the same year it recorded a net loss of ₹9.22 Lakh (net margin -51.1%) and EBITDA of -₹63,514 (EBITDA margin -3.5%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 9% over five years.
The company is associated with 2 brands: Sate Development and Sate Technologies.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website satedev.com.
Company details
Contact details
Sate Process Equipment Pvt Ltd's registered office is in Mumbai, Maharashtra. Its website is satedev.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1 Aerocity Premises Co – Op Society Ltd. 2nd Floor 2023 Nibr Corporate Park, Cts No. 669 670 & 671 Kurla Andheri Road Safed Pool Kurla (West), Mumbai, Maharashtra, India – 400072
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Sate Process Equipment 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
Sate Process Equipment operates two associated brands: Sate Development and Sate Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers blockchain development, consulting, and ICO services to businesses worldwide. | satedev.com | |
| Offers IT consultancy, app development, and managed services for enterprises. | satetechnologies.com |
Business activity
The main business activity of Sate Process Equipment is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Sate Process Equipment Pvt Ltd, buy the company report.
Financials of Sate Process Equipment Pvt Ltd
FY 2025 filings availableSate Process Equipment Pvt Ltd reported revenue of ₹18.06 Lakh (down 53% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 53% fall in the latest year. EBITDA fell 108% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹63,514 | ||||
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| Net Profit (PAT) | -₹9.22 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -3.5% | ||||
| Net Profit Margin | -51.1% | ||||
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To see the full financial statements and ratios of Sate Process Equipment Pvt Ltd, buy the company report.
Board of directors of Sate Process Equipment Pvt Ltd
Sate Process Equipment has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nakul Satish Shah Also directs: Nakul Shah LLP, Sate Chem Pvt Ltd | Director | 20 Jun 2017 | 9 Years 4 Months | Current |
| Satish Amritlal Shah Also directs: Nakul Shah LLP, Sate Chem Pvt Ltd | Director | 11 Jun 1993 | 33 Years 4 Months | Current |
Auditor
Sate Process Equipment Pvt Ltd is audited by Pankaj B. Mehta & Co. for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Pankaj B. Mehta & Co. | FY 2016 |
Shareholding
The shareholding of Sate Process Equipment Pvt Ltd is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Sate Process Equipment Pvt Ltd, buy the company report.
Legal cases
No court or tribunal cases involving Sate Process Equipment Pvt Ltd are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sate Process Equipment Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sate Process Equipment has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCS9828K1ZN | Maharashtra | Active | 09 Aug 2017 |
To see the full GST registrations and return filing status of Sate Process Equipment Pvt Ltd, buy the company report.
Recent activity
Sate Process Equipment Pvt Ltd has 5 board changes on record since 1993: 2 appointments and 3 cessations. The latest: Amritlal Talakchand Shah ceased to be Director on 29 May 2021.
Frequently asked questions
Sate Process Equipment is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 11 June 1993 (33+ years old) and is registered under CIN U74899MH1993PTC072355.
Sate Process Equipment has 2 current directors:
- Nakul Satish Shah - Director
- Satish Amritlal Shah - Director
The latest financial statements of Sate Process Equipment on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sate Process Equipment is 27AAGCS9828K1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sate Process Equipment is U74899MH1993PTC072355. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sate Process Equipment was incorporated on 11 June 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.
Amritlal Talakchand Shah ceased to be Director on 29 May 2021. Nakul Satish Shah ceased to be Additional Director on 29 Sep 2017. Nakul Satish Shah was appointed as Director on 20 Jun 2017. Sate Process Equipment has 5 board changes on record in total.
Sate Process Equipment can be reached through the website satedev.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Sate Process Equipment is at 1 Aerocity Premises Co – Op Society Ltd. 2nd Floor 2023 Nibr Corporate Park, Cts No. 669 670 & 671 Kurla Andheri Road Safed Pool Kurla West, Mumbai, Maharashtra, India – 400072.
Sate Process Equipment operates in the financial services industry, in the real estate financing segment.