About Satellite Gazebo Developers Private Limited
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Satellite Gazebo Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate marketing and sales segment of the real estate and construction sector. It was incorporated on 13 February 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1996PTC097222. Its GSTIN is 27AAACH5464J1ZE (Maharashtra).
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹4.99 Cr. It was formerly known as Satellite Gazebo Developers Limited and Satellite Gazebo Developers Limited. It is led by directors including Gurman Singh Bharara and Kalpana Pankaj Shah.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 14 Solitaire Corporate Park, Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.82 Lakh. For the same year it recorded a net profit of ₹3.1 Lakh (net margin 64.4%) and EBITDA of -₹9,704 (EBITDA margin -2%). Revenue has declined at a compounded annual rate (CAGR) of 22% over five years.
As per MCA filings, the company has satisfied charges of ₹205.71 Cr on record. Court records list 15 cases involving the company, including 11 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 group-satellite.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address7th Floor S – 14 Solitaire Corporate Park Andheri – Ghatkopar Link Road Andheri(Eas, T), Mumbai, Maharashtra, India – 400093
- IndustryReal Estate and Construction, Real Estate Marketing & Sales
- 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
- One PDF report, delivered after checkout
Financials of Satellite Gazebo Developers Private Limited FY 2025 filings available
Satellite Gazebo Developers Private Limited reported revenue of ₹4.82 Lakh for FY 2023.
Compounded Annual Growth Rate (CAGR) of Satellite Gazebo Developers Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 22% over five years. 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 of Satellite Gazebo Developers Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹4.82 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹9,704 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.1 Lakh | •••• | •••• | •••• | •••• |
| 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 of Satellite Gazebo Developers Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 64.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Satellite Gazebo Developers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Satellite Gazebo Developers Private Limited
Satellite Gazebo Developers Private Limited is audited by V. C. Shah & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V. C. Shah & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Satellite Gazebo Developers Private Limited
Satellite Gazebo Developers has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gurman Singh Bharara Also directs: GS Edgardo LLP, Gazebo Builders Private Limited, Gazebo Industries Private Limited and 2 more | Director | 06 Jul 2009 | 17 Years 3 Months | Current |
| Kalpana Pankaj Shah Also directs: Satellite Developers and Builders LLP, Satellite Ghanwat LLP, Purva Realties Private Limited and 5 more | Director | 06 Jul 2009 | 17 Years 3 Months | Current |
| Mohinderpal Singh Bharara | Director | 25 Jun 2008 | 18 Years 3 Months | Current |
| Sarjan Pankaj Shah Also directs: Satellite Developers Private Limited, Satellite Cove Private Limited, Newone Constructions Private Limited and 5 more | Director | 02 Dec 2008 | 17 Years 10 Months | Current |
Ownership and Shareholding of Satellite Gazebo Developers Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Satellite Gazebo Developers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jun 2015 | Jm Financial Credit Solutions Limited | ₹75 Cr | Satisfied |
| 17 Dec 2014 | Others | ₹25.5 Cr | Satisfied |
| 24 Sep 2013 | Indusind Bank Ltd. | ₹20 Cr | Satisfied |
| 30 Aug 2012 | Sicom Limited | ₹50 Cr | Satisfied |
| 25 Jun 2009 | Canara Bank | ₹35.21 Cr | Satisfied |
Total charge records: 5 View all charges
Legal Cases of Satellite Gazebo Developers Private Limited
Satellite Gazebo Developers Private Limited has 15 court cases on record: 11 filed against it, 4 where it is another party. All cases are disposed. Status as checked between 30 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 11 | 0 |
| High courts | 4 | 0 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Sicom Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by Sicom Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Kulchand H Jogani HUF Th. Kulchand Hastimalji Jogani | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
Full case history
All 15 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Satellite Gazebo Developers Private Limited
Satellite Gazebo Developers Private Limited has 12 MSME Form 1 returns on record between 2019 and 2023, listing 84 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Kavles Pressure Concrete Pvt Ltd | •••• | •••• | •••• |
| Classic Cooling Systems Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| R.K.Enterprise | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 12 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Satellite Gazebo Developers Private Limited
Employment history and EPFO contributions of people linked to Satellite Gazebo Developers.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Satellite Gazebo Developers Private Limited
Satellite Gazebo Developers has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Name History of Satellite Gazebo Developers Private Limited
Satellite Gazebo Developers has undergone 5 name changes throughout its history. The current legal name is Satellite Gazebo Developers Private Limited.
| Company Name | Status |
|---|---|
| Satellite Gazebo Developers Private Limited | Current |
| Satellite Gazebo Developers Limited | Previous |
| Satellite Gazebo Developers Limited | Previous |
| Hasit International Private Limited | Previous |
| Satellite Gazebo Developers Private Limi Ted | Previous |
CIN History of Satellite Gazebo Developers Private Limited
Satellite Gazebo Developers has one previous CIN (Corporate Identification Number): U51900MH1996PLC097222. The current CIN is U51900MH1996PTC097222, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51900MH1996PTC097222 | Current |
| U51900MH1996PLC097222 | Previous |
Recent Activity on Satellite Gazebo Developers Private Limited
Satellite Gazebo Developers Private Limited has 11 board changes on record since 2007: 4 appointments and 7 cessations. The latest: Gurman Singh Bharara ceased to be Additional Director on 12 Aug 2009.
14 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Satellite Gazebo Developers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Satellite Gazebo Developers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Satellite Gazebo Developers Private Limited
Satellite Gazebo Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACH5464J1ZE | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Satellite Gazebo Developers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Satellite Gazebo Developers Private Limited
Satellite Gazebo Developers is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate marketing and sales, within the real estate and construction industry. It was incorporated on 13 February 1996 (30+ years old) and is registered under CIN U51900MH1996PTC097222.
Satellite Gazebo Developers reported revenue of ₹4.82 Lakh for FY 2023.
Satellite Gazebo Developers has 4 current directors:
- Gurman Singh Bharara - Director
- Kalpana Pankaj Shah - Director
- Mohinderpal Singh Bharara - Director
- Sarjan Pankaj Shah - Director
Satellite Gazebo Developers reported a net profit of ₹3.1 Lakh (net margin 64.4%) and EBITDA of -₹9,704 (EBITDA margin -2%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Satellite Gazebo Developers is -22% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Satellite Gazebo Developers is 27AAACH5464J1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of Satellite Gazebo Developers is U51900MH1996PTC097222. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Satellite Gazebo Developers has 15 court cases on record: 11 filed against it. Most are in the district courts.
Satellite Gazebo Developers was incorporated on 13 February 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
Gurman Singh Bharara ceased to be Additional Director on 12 Aug 2009. Kalpana Pankaj Shah ceased to be Additional Director on 12 Aug 2009. Shashi Bhushan Sharma ceased to be Director on 18 Jul 2009. Satellite Gazebo Developers has 11 board changes on record in total.
Satellite Gazebo Developers has 12 MSME Form 1 returns on record between 2019 and 2023, listing 84 overdue payments to 4 micro and small suppliers. The latest return was filed on 22 Oct 2023.