MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0094937
Satellite Aedifex Private Limited - real estate and construction in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹48.84 Cr
▼ 6% YoY
Net profit · FY 2025
₹1.98 Cr
Net margin 4.1%
EBITDA · FY 2025
₹4.29 Cr
EBITDA margin 8.8%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Open charges
₹20 Cr
Satisfied ₹5 Cr
Company age
10 yrs
Est. 2016
Employees · EPFO
28
Provident fund records
About Satellite Aedifex Private Limited
Data last updated:
Satellite Aedifex Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Satellite Developers Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 18 October 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45400MH2016PTC286894. Its GSTIN is 27AAXCS7306R1Z7 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Nimish Desai Mahendra and Nitin Ramanlal Desai.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 14 Solitaire Corporate Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹48.84 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹1.98 Cr (net margin 4.1%) and EBITDA of ₹4.29 Cr (EBITDA margin 8.8%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 9% over five years.
The company has about 28 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Group Satellite. As per MCA filings, the company has open charges of ₹20 Cr and satisfied charges of ₹5 Cr on record. Court records list 5 cases involving the company, including 5 filed against it.
Satellite Aedifex Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0094937). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website group-satellite.com.
Company details
CIN U45400MH2016PTC286894
Registration Number 286894
Incorporation Date 18 October 2016
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Satellite Developers Private Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0094937
Recognitions & Rankings of Satellite Aedifex
Contact details
Satellite Aedifex Private Limited's registered office is in Mumbai, Maharashtra. Its website is group-satellite.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address7th Floor S – 14 Solitaire Corporate Park Andheri – Ghatkopar Link Road Andheri (Ea, St), Mumbai, Maharashtra, India – 400093
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Satellite Aedifex Private Limited, buy the company report.
Comprehensive company report
Satellite Aedifex Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Brands
Satellite Aedifex operates one associated brand: Group Satellite. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Real estate firm developing residential and commercial projects in Mumbai, India. | group-satellite.com |
Business activity
The main business activity of Satellite Aedifex is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Satellite Aedifex Private Limited, buy the company report.
Financials of Satellite Aedifex Private Limited
FY 2024 filings availableSatellite Aedifex Private Limited reported revenue of ₹48.84 Cr (down 6% YoY) for FY 2025.
Revenue · FY 2025
₹48.84 Cr ▼ 6%
Net profit · FY 2025
₹1.98 Cr margin 4.1%
EBITDA · FY 2025
₹4.29 Cr margin 8.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 16%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 15%
5 years · compounded
▲ 4%
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA rose 2% 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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| Total Expenses | |||||
| EBITDA | ₹4.29 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.98 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.8% | ||||
| Net Profit Margin | 4.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Satellite Aedifex Private Limited, buy the company report.
Board of directors of Satellite Aedifex Private Limited
Satellite Aedifex has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nimish Desai Mahendra | Director | 18 Oct 2016 | 10 Years 0 Months | Current |
| Nitin Ramanlal Desai Also directs: Fieldstone Construction Private Limited | Director | 18 Oct 2016 | 10 Years 0 Months | Current |
| Sarjan Pankaj Shah Also directs: Satellite Rockford Ventures LLP, S and V Studio Private Limited, Satellite Developers Private Limited and 5 more | Director | 27 Oct 2017 | 8 Years 11 Months | Current |
| Abhishek Sohanlal Jain | Director | 16 Mar 2017 | 9 Years 7 Months | Current |
Auditor
Satellite Aedifex Private Limited is audited by V. C. Shah & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V. C. Shah & Co. | FY 2023 | 109818W |
Shareholding
The shareholding of Satellite Aedifex Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Satellite Aedifex Private Limited, buy the company report.
Charges & borrowings
Open charges
₹20 Cr
Satisfied charges
₹5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Feb 2022 | 100549550 | Others | ₹20 Cr | Open | |
| 30 Oct 2018 | 100217997 | Others | ₹5 Cr | Satisfied |
To see the full charge records of Satellite Aedifex Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Satellite Aedifex Private Limited has 5 court cases on record: 5 filed against it. All cases are disposed.
Total cases
5
Filed against the company
5
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMONS FOR JUDGT) | Filed against the company by Akai Steels Pvt. Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed against the company by A. Navinchandra Steels Pvt. Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMONS FOR JUDGT) | Filed against the company by A. Navinchandra Steels Pvt. Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed against the company by Akai Steels Pvt. Ltd. | Disposed |
To see the full case history of Satellite Aedifex Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Satellite Aedifex Private Limited has 12 MSME Form 1 returns on record between 2019 and 2024, listing 732 overdue payments to 28 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 28)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Skylane Infra World Private Limited | |||
| Jallan Concrete Private Limited | |||
| an individual supplier | |||
| We Are One Enterprises Private Limited | |||
| Mahavir Colour Company LLP |
To see the full MSME payment records of Satellite Aedifex Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Satellite Aedifex Private Limited has a workforce of 28 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
28
Active EPFO establishments
1
Employee growth
-15.15%
GST
Satellite Aedifex has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAXCS7306R1Z7 | Maharashtra | Active | 01 Jul 2017 |
| 24AAXCS7306R1ZD | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Satellite Aedifex Private Limited, buy the company report.
Recent activity
Satellite Aedifex Private Limited has 8 board changes on record since 2016: 4 appointments and 4 cessations. The latest: Sarjan Pankaj Shah ceased to be Additional Director on 28 Sep 2018.
AGM
Satellite Aedifex Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
Charges
A charge with Others of Rs. 2,000.00 Lakh registered on 22 Feb 2022 with Charge ID 100549550 was modified on 04 Jun 2024.
Filing
Satellite Aedifex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 2,000.00 Lakh with Charge ID 100549550 was registered on 22 Feb 2022.
Charges
A charge registered on 30 Oct 2018 via Charge ID 100217997 with Others was fully satisfied on 27 Jul 2021.
Charges
A charge with Others amounted to Rs. 500.00 Lakh with Charge ID 100217997 was registered on 30 Oct 2018.
Ceased
Sarjan Pankaj Shah ceased to be Additional Director.
Ceased
Umesh Mohanlal Merchant ceased to be Director.
Appointed
Sarjan Pankaj Shah was appointed as Director.
Ceased
Abhishek Sohanlal Jain ceased to be Additional Director.
Appointed
Abhishek Sohanlal Jain was appointed as Director.
Ceased
Prakash Vaidyanathan Sekeneepuram ceased to be Director.
3 earlier events are in the company report.
Frequently asked questions
Satellite Aedifex is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 18 October 2016 (10+ years old) and is registered under CIN U45400MH2016PTC286894.
Satellite Aedifex has 4 current directors:
- Nimish Desai Mahendra - Director
- Nitin Ramanlal Desai - Director
- Sarjan Pankaj Shah - Director
- Abhishek Sohanlal Jain - Director
The latest financial statements of Satellite Aedifex on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Satellite Aedifex is 27AAXCS7306R1Z7, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAXCS7306R1ZD (Gujarat).
The CIN (Corporate Identification Number) of Satellite Aedifex is U45400MH2016PTC286894. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Satellite Aedifex has 5 court cases on record: 5 filed against it.
Satellite Aedifex was incorporated on 18 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Sarjan Pankaj Shah ceased to be Additional Director on 28 Sep 2018. Umesh Mohanlal Merchant ceased to be Director on 31 Mar 2018. Sarjan Pankaj Shah was appointed as Director on 27 Oct 2017. Satellite Aedifex has 8 board changes on record in total.
Yes, Satellite Aedifex is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0094937).
Satellite Aedifex has 12 MSME Form 1 returns on record between 2019 and 2024, listing 732 overdue payments to 28 micro and small suppliers. The latest return was filed on 25 Apr 2024.
Satellite Aedifex can be reached through the website group-satellite.com. Its registered office is in Mumbai, Maharashtra, India.