
Satec Solar Energy Private Limited
About Satec Solar Energy Private Limited
Data last updated:
Satec Solar Energy Private Limited was a private limited company based in Navi Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the solar energy solutions segment of the environmental services sector. It was incorporated on 17 January 2012.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U40300MH2012PTC226120.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Bandu Babu Thik and Amarprakash Mahavirprasad Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Plot No.A/107 – 108 Ttc Industrial Area MIDC Khairane Thane – Belapur Road, Navi Mumbai, Maharashtra, India – 400705.
As per MCA filings, the company had open charges of ₹214 Cr on record.
Company details
Contact details
Satec Solar Energy Private Limited's registered office is in Navi Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No.A/107 – 108 Ttc Industrial Area MIDC Khairane Thane – Belapur Road, Navi Mumbai, Maharashtra, India – 400705
- IndustryEnvironment, Solar Energy Solutions, Wind Energy Solutions
To see the full contact details of Satec Solar Energy Private Limited, 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
Financials of Satec Solar Energy Private Limited
FY 2016 filings availableFinancial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| 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 | |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | |
| 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
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | |
| Net Profit Margin | |
| 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 | |
To see the full financial statements and ratios of Satec Solar Energy Private Limited, buy the company report.
Board of directors of Satec Solar Energy Private Limited
Satec Solar Energy has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bandu Babu Thik | Director | 08 Nov 2014 | 11 Years 11 Months | As last reported |
| Amarprakash Mahavirprasad Agarwal Also directs: Revolution Modern Built LLP, Satec Envir Engineering (India) Private Limited, Essa Aircons Ltd and 2 more | Director | 17 Jan 2012 | 14 Years 9 Months | As last reported |
Auditor
Satec Solar Energy Private Limited is audited by Shah & Taparia for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shah & Taparia | FY 2015 |
Shareholding
The shareholding of Satec Solar Energy Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Satec Solar Energy Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Sep 2015 | 10599266 | Others | ₹214 Cr | Open |
To see the full charge records of Satec Solar Energy Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Satec Solar Energy Private Limited 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 Satec Solar Energy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Satec Solar Energy Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Satec Solar Energy Private Limited has 3 board changes on record since 2012: 2 appointments and 1 cessation. The latest: Bandu Babu Thik was appointed as Director on 08 Nov 2014.
Frequently asked questions
Satec Solar Energy has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Satec Solar Energy was a private limited company based in Navi Mumbai, Maharashtra, India. The company worked in solar energy solutions, within the environment industry. It was incorporated on 17 January 2012 and is registered under CIN U40300MH2012PTC226120. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Satec Solar Energy was incorporated on 17 January 2012. It is registered with the Registrar of Companies, Mumbai.
Satec Solar Energy had 2 directors:
- Bandu Babu Thik - Director
- Amarprakash Mahavirprasad Agarwal - Director
The CIN (Corporate Identification Number) of Satec Solar Energy is U40300MH2012PTC226120. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Satec Solar Energy is at Plot No.A107 – 108 Ttc Industrial Area MIDC Khairane Thane – Belapur Road, Navi Mumbai, Maharashtra, India – 400705.
The latest financial statements of Satec Solar Energy on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
Satec Solar Energy operated in the environment industry, in the solar energy solutions segment.
Bandu Babu Thik was appointed as Director on 08 Nov 2014. Tukaram Shivram Gawde ceased to be Director on 08 Nov 2014. Amarprakash Mahavirprasad Agarwal was appointed as Director on 17 Jan 2012.
Satec Solar Energy has open charges of ₹214 Cr and no satisfied charges on record as per latest MCA filings.

