Satellite Developers Private Limited - Company Profile

It is a real estate and construction private limited company based in Mumbai, Maharashtra, India, established in 1953.
1953 Mumbai, Maharashtra, India Active
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About Satellite Developers Private Limited

Satellite Developers Private Limited, a active private limited company, was established on 17 February 1953 in Mumbai, Maharashtra, India. Engaging in real estate builders & developers within the construction sector, it holds CIN: U24291MH1953PTC139290. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹62.00 Cr and a paid-up capital of ₹53.40 Cr.

Formerly known as Satellite Developers Private Limited, The Selective Chemicals Private Limited. It upholds a compliant status. Employing 54 professional, Its leadership includes Sunil Nihalchand Munot (Ceo), Kalpana Pankaj Shah (Director), Sarjan Pankaj Shah (Director). Past directors included Jayesh Arvind Shah, Kuldip Bhargava, Pankaj Somchand Shah. It holds ₹2,115.45 Cr open charges and ₹2,731.13 Cr settled loans. Its latest AGM occurred on 01 October 2024, with the balance sheet filed on 31 March 2024. It is based at 7Th Floor, S-14, Solitaire Corporate Park, Andheri-Ghatkopar Link Road, Andheri(Eas, T), Mumbai, Maharashtra, 400093.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U24291MH1953PTC139290

  • Registration Number

    139290

  • Incorporation Date

    17 February 1953

  • Authorized Capital

    ₹62.00 Cr

  • Paid-Up Capital

    ₹53.40 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 62.00 Cr
  • Paid Up Capital ₹ 53.40 Cr
  • Company Age 73 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2,115.45 Cr
  • Satisfied Charges ₹ 2,731.13 Cr
  • Revenue Growth **** 31.24%
  • Profit Growth **** 37.15%
  • Ebitda **** 100.27%
  • Net Worth 0.69%
  • Total Assets -3.73%
Company report

Satellite Developers Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Satellite Developers Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Satellite Developers Private Limited?
Current Directors
Name Designation Appointment Date Status
Sunil Nihalchand Munot Ceo 15 Jul 2025 Current
Kalpana Pankaj Shah Director 01 Dec 2018 Current
Sarjan Pankaj Shah Director 02 Dec 2008 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 10 Jun 2016 Past
Pramod Abcsdd Director 21 Feb 2013 Past
Pramod Abcsdd Director 28 Nov 2008 Past
Pramod Abcsdd Company Secretary - Past
Pramod Abcsdd Company Secretary - Past
Pramod Abcsdd Managing Director 01 Dec 2018 Past

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Financial Performance of Satellite Developers.

Satellite Developers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 31.24% increase. The company also saw a substantial improvement in profitability, with a 37.15% increase in profit. The company's net worth moved up by a moderate rise of 0.69%.

Satellite Developers revenue growth over time
Satellite Developers profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 31.24%
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*******
*******
Revenue from Operations
*******
 59.68%
*******
*******
*******
*******
Total Assets
*******
 -3.73%
*******
*******
*******
*******
Profit or Loss
*******
 37.15%
*******
*******
*******
*******
Net Worth
*******
 0.69%
*******
*******
*******
*******
EBITDA
*******
 100.27%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Satellite Developers?

In 2023, Satellite Developers had a promoter holding of 58.79% and a public holding of 41.21%. The company had 7 Subsidiaries and 4 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹21,154,457,522.00

Satisfied Charges

₹27,311,340,985.83

Charges Breakdown by Lending Institutions
  • Others : 1992.50 Cr
  • State Bank Of India : 122.95 Cr
Latest Charge Details
Date Lender Amount Status
27 Mar 2025 Others ₹28.40 Cr Open
28 Jan 2025 Others ₹13.88 Cr Open
04 Mar 2024 Others ₹510.00 Cr Open
28 Dec 2023 State Bank Of India ₹92.95 Cr Open
20 Sep 2023 State Bank Of India ₹30.00 Cr Open

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How Many Employees Work at Satellite Developers?

Satellite Developers has a workforce of 54 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Satellite Developers, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Satellite Developers's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Satellite Developers
Recent Activity within the Organization
  • Charges

    A charge registered on 07 Oct 2024 via Charge ID 100994627 with Others was fully satisfied on 27 Nov 2025. was recorded as a recent event.

  • Charges

    The activity A charge registered on 01 Mar 2024 via Charge ID 100878179 with Others was fully satisfied on 27 Nov 2025. was completed.

  • Charges

    A charge registered on 11 Jul 2023 via Charge ID 100756652 with Others was fully satisfied on 27 Nov 2025. was recorded as a recent event.

  • Director Appointment

    Sunil Nihalchand Munot was appointed as a Ceo was appointed as a Ceo on 21 Jul 2025 & has been associated with this company since 8 months 7 days . was recorded as a recent event.

  • Director Appointment

    Sunil Nihalchand Munot was appointed as a CEO was appointed as a CEO on 15 Jul 2025 & has been associated with this company since 8 months 13 days . was recorded as a recent event.

  • Charges

    Progress on A charge with Others amounted to Rs. 28.40 Cr with Charge ID 101068399 was registered on 27 Mar 2025. was documented.

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Frequently Asked Questions
What is the CIN of Satellite Developers Private Limited?

The CIN of Satellite Developers Private Limited is U24291MH1953PTC139290.

Where is Satellite Developers Private Limited headquartered?

Satellite Developers Private Limited is headquartered at 7Th Floor, S-14, Solitaire Corporate Park, Andheri-Ghatkopar Link Road, Andheri(Eas, T), Mumbai, Maharashtra, 400093.

When was Satellite Developers Private Limited incorporated?

Satellite Developers Private Limited was incorporated on 17 February 1953.

Who are the current directors of Satellite Developers Private Limited?

The current directors of Satellite Developers Private Limited are

What is the primary industry of Satellite Developers Private Limited?

The primary industry of Satellite Developers Private Limited is Construction.

Is Satellite Developers Private Limited a listed company?

Satellite Developers Private Limited is unlisted.

What is the capital structure of Satellite Developers Private Limited?

The authorized capital of Satellite Developers Private Limited is ₹62.00 Cr, and the paid-up capital is ₹53.40 Cr.

What is the compliance status of Satellite Developers Private Limited?

The compliance status of Satellite Developers Private Limited is Compliant.

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