- Category
- Small (2023-24)
- Udyam number
- UDYAM-AS-03-0009966

About Satez Agro Products Private Limited
Data last updated:
Satez Agro Products Private Limited is a private limited company based in Guwahati, Assam, India. It operates in the instant and ready-to-eat foods segment of the food and beverages sector. It was incorporated on 04 December 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Guwahati, under CIN U15135AS2002PTC006963. Its GSTIN is 18AAHCS6061K3ZW (Assam). The company holds 10 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹64 Lakh. It is led by directors Subir Ghosh and Mugdha Ghosh.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Kamakhya Colony Bara Bazar Pandu, Guwahati, Assam, India – 781012.
As per the financials filed for FY 2024, the company reported a revenue of ₹36.43 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹61.51 Lakh (net margin 1.7%) and EBITDA of ₹2.27 Cr (EBITDA margin 6.2%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 14% over five years.
The company has about 150 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Annapurna Food and Beverages and Annapurna Group. As per MCA filings, the company has open charges of ₹7.5 Cr and satisfied charges of ₹20.7 Cr on record. Court records list 5 cases involving the company, including 1 filed by the company and 4 filed against it; 1 case is pending.
Satez Agro Products Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-AS-03-0009966). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website annapurnagroup.in.
Company details
Recognitions & Rankings of Satez Agro Products
Contact details
Satez Agro Products Private Limited's registered office is in Guwahati, Assam. Its website is annapurnagroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressKamakhya Colony Bara Bazar Pandu, Guwahati, Assam, India – 781012
- IndustryFood and Beverages, Instant & Ready-to-Eat Foods
To see the full contact details of Satez Agro Products 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
Brands
Satez Agro Products operates two associated brands: Annapurna Food and Beverages and Annapurna Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides healthy fruit-based drinks in various flavors for consumer refreshment. | fundaaz.co | |
| Annapurna Group creates pure dairy, jams, sauces, and beverages for consumer well-being. | annapurnagroup.in |
Business activity
The main business activity of Satez Agro Products is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Satez Agro Products Private Limited, buy the company report.
Financials of Satez Agro Products Private Limited
FY 2024 filings availableSatez Agro Products Private Limited reported revenue of ₹36.43 Cr (up 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 4% growth in the latest year. EBITDA rose 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹2.27 Cr | ||||
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| Net Profit (PAT) | ₹61.51 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 6.2% | ||||
| Net Profit Margin | 1.7% | ||||
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To see the full financial statements and ratios of Satez Agro Products Private Limited, buy the company report.
Board of directors of Satez Agro Products Private Limited
Satez Agro Products has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subir Ghosh | Director | 04 Dec 2002 | 23 Years 11 Months | Current |
| Mugdha Ghosh | Director | 04 Dec 2002 | 23 Years 11 Months | Current |
Peer comparison
Satez Agro Products Private Limited is compared with the 4 companies closest to it by revenue in the Food and Beverages industry (Instant Foods), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tapovan Foods Private Limited | ₹36.69 Cr (FY 2024) | 10.0% | Hathras, Uttar Pradesh, India | |||
| Alimento Agro Foods Private Limited | ₹36.6 Cr (FY 2024) | 68.0% | Kota, Rajasthan, India | |||
| Satez Agro Products Private Limitedthis company | ₹36.43 Cr (FY 2024) | ₹61.51 Lakh | 1.7% | 4.0% | 150 | Guwahati, Assam, India |
| Arihant Agro Industries Private Limited | ₹35.94 Cr (FY 2025) | 1.0% | Bikaner, Rajasthan, India | |||
| Eastern Gourmet Private Limited | ₹35.63 Cr (FY 2024) | 36.0% | Cuttack, Odisha, India |
To see the full peer comparison of Satez Agro Products Private Limited, buy the company report.
Auditor
Satez Agro Products Private Limited is audited by RAJESH BIMAL & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJESH BIMAL & ASSOCIATES | FY 2022 | 326529E |
Shareholding
The shareholding of Satez Agro Products 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 Satez Agro Products Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Dec 2021 | 100516888 | Axis Bank Limited | ₹7.5 Cr | Open | |
| 25 Jun 2016 | 100049721 | Standard Chartered Bank | ₹4.4 Cr | Satisfied | |
| 25 Jun 2016 | 100049723 | Standard Chartered Bank | ₹3.1 Cr | Satisfied | |
| 06 Mar 2012 | 10344889 | Punjab National Bank | ₹10.15 Cr | Satisfied | |
| 11 Jul 2003 | 90265945 | Punjab National Bank | ₹3.05 Cr | Satisfied |
To see the full charge records of Satez Agro Products Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Satez Agro Products Private Limited has 5 court cases on record: 1 filed by Satez Agro Products, 4 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 2 | 0 |
| District courts | 2 | 2 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (TD) | Filed against the company by Parle Agro Pvt Ltd | Disposed |
| District court, Tinsukia, Assam | Court case (C R Case) | Filed against the company by an individual | Pending |
| High Court, Assam | Writ petition | Filed by the company against The State of Assam and 2 Ors and 2 others | Disposed |
| High Court | Court case (Co.Pet.) | Filed against the company by Orental Containers Ltd. | Disposed |
| District court, Sonitpur, Assam | Court case (Complaint Case (CR)) | Filed against the company by State of Assam | Disposed |
To see the full case history of Satez Agro Products 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
No delayed payments to MSME suppliers are on our record for Satez Agro Products Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Satez Agro Products Private Limited has a workforce of 150 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 150 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Satez Agro Products Private Limited, buy the company report.
GST
Satez Agro Products has 10 GST registrations: 1 active and 9 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 18AAHCS6061K3ZW | Assam | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Satez Agro Products Private Limited, buy the company report.
Recent activity
Satez Agro Products Private Limited has 2 board changes on record since 2002: 2 appointments. The latest: Mugdha Ghosh was appointed as Director on 04 Dec 2002.
7 earlier events are in the company report.
Frequently asked questions
Satez Agro Products is an active private limited company based in Guwahati, Assam, India. The company works in instant and ready-to-eat foods, within the food and beverages industry. It was incorporated on 04 December 2002 (24+ years old) and is registered under CIN U15135AS2002PTC006963.
Satez Agro Products has 2 current directors:
- Subir Ghosh - Director
- Mugdha Ghosh - Director
The latest financial statements of Satez Agro Products on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Satez Agro Products is 18AAHCS6061K3ZW, registered in Assam. The company has 10 GST registrations in all, of which 1 is active and 9 are cancelled or inactive.
The CIN (Corporate Identification Number) of Satez Agro Products is U15135AS2002PTC006963. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Satez Agro Products has 5 court cases on record: 1 filed by the company and 4 filed against it. 1 is pending. Most are in the high courts.
Satez Agro Products was incorporated on 04 December 2002, making it 24+ years old. It is registered with the Registrar of Companies, Guwahati.
The peers of Satez Agro Products by revenue are Tapovan Foods Private Limited, Alimento Agro Foods Private Limited, Arihant Agro Industries Private Limited, Eastern Gourmet Private Limited, all in the Food and Beverages industry (Instant Foods), with the same principal business activity (food, beverages and tobacco products).
Mugdha Ghosh was appointed as Director on 04 Dec 2002. Subir Ghosh was appointed as Director on 04 Dec 2002.
Yes, Satez Agro Products is registered as a small enterprise under Udyam registration (number: UDYAM-AS-03-0009966).
Satez Agro Products can be reached through the website annapurnagroup.in. Its registered office is in Guwahati, Assam, India.

