About Satellite Corporate Services P Ltd
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Satellite Corporate Services P Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 11 March 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH1994PTC077057. Its GSTIN is 27AAACS8886M2ZG (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Michael Norbert Monteiro (Managing Director) and Ida Clara Monteiro.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.45 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹9.82 Lakh (net margin 6.8%) and EBITDA of ₹20.46 Lakh (EBITDA margin 14.2%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 15% over five years.
The company is associated with 2 brands: Hari Govind International and Satellite Corporate. As per MCA filings, the company has open charges of ₹24.5 Lakh and satisfied charges of ₹5 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website satellitecorporate.com.
Company details
Contact details
Satellite Corporate Services P Ltd's registered office is in Mumbai, Maharashtra. Its website is satellitecorporate.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address106 & 107 Dattani Plaza Kurla Andheri Road Kurla (W) Nr. Safed Poll East West Ind E, State, Mumbai, Maharashtra, India – 400072
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Satellite Corporate Services P 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
Satellite Corporate Services P operates two associated brands: HARI GOVIND INTERNATIONAL and Satellite Corporate. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures zip fasteners and trades textiles and scrap materials in India. | hgil.in | |
| Registrar and transfer agent services for securities are provided. | satellitecorporate.com |
Business activity
The main business activity of Satellite Corporate Services P is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Satellite Corporate Services P Ltd, buy the company report.
Financials of Satellite Corporate Services P Ltd
FY 2025 filings availableSatellite Corporate Services P Ltd reported revenue of ₹1.45 Cr (up 33% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 33% growth in the latest year. EBITDA fell 8% 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 | ₹20.46 Lakh | ||||
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| Net Profit (PAT) | ₹9.82 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 | 14.2% | ||||
| Net Profit Margin | 6.8% | ||||
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To see the full financial statements and ratios of Satellite Corporate Services P Ltd, buy the company report.
Board of directors of Satellite Corporate Services P Ltd
Satellite Corporate Services P has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ida Clara Monteiro Also directs: Frontline Corporate Services Pvt Ltd | Director | 23 Apr 2024 | 2 Years 6 Months | Current |
| Ganesh Hariappa Salian | Director | 23 Apr 2024 | 2 Years 6 Months | Current |
| Michael Norbert Monteiro Also directs: Frontline Corporate Services Pvt Ltd | Managing Director | 26 Jan 2005 | 21 Years 9 Months | Current |
Auditor
Satellite Corporate Services P Ltd is audited by RPMG & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RPMG & Associates | FY 2023 | 0015428C |
Shareholding
The shareholding of Satellite Corporate Services P Ltd 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 Corporate Services P Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2005 | 90376625 | State Bank of India | ₹20 Lakh | Open | |
| 10 Aug 1994 | 90386164 | The Jain Sahakari Bank Ltd. | ₹4.5 Lakh | Open | |
| 08 May 2012 | 10358268 | Citizencredit Co-Operative Bank Ltd.- Amboli Branch | ₹5 Lakh | Satisfied |
To see the full charge records of Satellite Corporate Services P Ltd, buy the company report.
Total charge records: 3 View all charges
Legal cases
Satellite Corporate Services P Ltd has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| Supreme Court | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1807-Ordinary Civil Matters : Others) | Filed against the company by an individual | Disposed |
To see the full case history of Satellite Corporate Services P Ltd, 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 Corporate Services P Ltd has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 52 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| DJ Mediaprint & Logistics Limited | |||
| an individual supplier |
To see the full MSME payment records of Satellite Corporate Services P Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Satellite Corporate Services P has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACS8886M2ZG | Maharashtra | Active | 13 Jul 2017 |
To see the full GST registrations and return filing status of Satellite Corporate Services P Ltd, buy the company report.
Recent activity
Satellite Corporate Services P Ltd has 11 board changes on record since 2005: 3 appointments and 8 cessations. The latest: Raviraj Krishnappa Kalyanpur ceased to be Director on 04 Nov 2024.
6 earlier events are in the company report.
Frequently asked questions
Satellite Corporate Services P is an active private limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 11 March 1994 (32+ years old) and is registered under CIN U65990MH1994PTC077057.
Satellite Corporate Services P has 3 current directors:
- Michael Norbert Monteiro - Managing Director
- Ida Clara Monteiro - Director
- Ganesh Hariappa Salian - Director
The latest financial statements of Satellite Corporate Services P 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 Satellite Corporate Services P is 27AAACS8886M2ZG, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Satellite Corporate Services P is U65990MH1994PTC077057. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Satellite Corporate Services P has 1 court case on record: 1 filed against it.
Satellite Corporate Services P was incorporated on 11 March 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Raviraj Krishnappa Kalyanpur ceased to be Director on 04 Nov 2024. Ganesh Hariappa Salian ceased to be Additional Director on 29 Sep 2024. Ida Clara Monteiro ceased to be Additional Director on 29 Sep 2024. Satellite Corporate Services P has 11 board changes on record in total.
Satellite Corporate Services P has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 52 overdue payments to 2 micro and small suppliers. The latest return was filed on 21 Jun 2019.
Satellite Corporate Services P can be reached through the website satellitecorporate.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Satellite Corporate Services P is at 106 & 107 Dattani Plaza Kurla Andheri Road Kurla W Nr. Safed Poll East West Ind E, State, Mumbai, Maharashtra, India – 400072.