Sathi Foundation IIT Kharagpur
About Sathi Foundation IIT Kharagpur
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Sathi Foundation IIT Kharagpur is a private not for profit company based in Kharagpur, West Bengal, India. It operates in the scientific research segment of the research and development sector. It was incorporated on 04 May 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U73100WB2021NPL244937.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Rintu Banerjee and Rabibrata Mukherjee.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Iit Kharagpur Campus Paschim Medinipur, West Bengal, India – 721302.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.81 Lakh, a decline of 49% compared to the previous year. For the same year it recorded a net loss of ₹2.38 Lakh (net margin -11.5%) and EBITDA of -₹2.38 Lakh (EBITDA margin -11.5%). Revenue has grown at a compounded annual rate (CAGR) of 64% over three years.
Company details
Contact details
Sathi Foundation IIT Kharagpur's registered office is in Kharagpur, West Bengal.
- Registered AddressIit Kharagpur Campus Paschim Medinipur, West Bengal, India – 721302
- IndustryResearch & Development, Science Research
- 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
Business activity
The main business activity of Sathi Foundation IIT Kharagpur is professional, scientific and technical. In detail, this covers scientific research and development.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M5 | Scientific research and development |
To see the full business activity and turnover split of Sathi Foundation IIT Kharagpur, buy the company report.
Financials of Sathi Foundation IIT Kharagpur
FY 2025 filings availableSathi Foundation IIT Kharagpur reported revenue of ₹20.81 Lakh (down 49% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 49% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 64%. EBITDA fell 119% 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 |
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| EBITDA | -₹2.38 Lakh | |||
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| Net Profit (PAT) | -₹2.38 Lakh | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Profitability | ||||
| EBITDA Margin | -11.5% | |||
| Net Profit Margin | -11.5% | |||
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To see the full financial statements and ratios of Sathi Foundation IIT Kharagpur, buy the company report.
Board of directors of Sathi Foundation IIT Kharagpur
Sathi Foundation IIT Kharagpur has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rintu Banerjee | Director | 04 May 2021 | 5 Years 6 Months | Current |
| Rabibrata Mukherjee | Director | 04 May 2021 | 5 Years 6 Months | Current |
| Suman Chakraborty | Nominee Director | 29 Jul 2025 | 1 Years 3 Months | Current |
Peer comparison
Sathi Foundation IIT Kharagpur is compared with the 6 companies closest to it by revenue in the same principal business activity (scientific research and development), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| IIT Palakkad Technology Ihub Foundation | ₹21.05 Lakh (FY 2025) | -39.0% | Palakkad, Kerala, India | |||
| Jagvaas Biologicals Private Limited | ₹21.04 Lakh (FY 2025) | 44.0% | Thanjavur, Tamil Nadu, India | |||
| K S Rag Heart Care Centre Private Limited | ₹21.04 Lakh (FY 2025) | 25.0% | Delhi, India | |||
| Magveh Energy Recovery Systems Private Limited | ₹21.04 Lakh (FY 2019) | 68.0% | Hubli, Karnataka, India | |||
| Sathi Foundation IIT Kharagpurthis company | ₹20.81 Lakh (FY 2025) | -₹2.38 Lakh | -11.5% | -49.0% | Kharagpur, West Bengal, India | |
| Threefifty PPM Technologies Private Limited | ₹20.39 Lakh (FY 2025) | 35.0% | Chhattisgarh, India | |||
| Zeinix Labs India Private Limited | ₹20.22 Lakh (FY 2021) | 2596.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Sathi Foundation IIT Kharagpur, buy the company report.
Legal cases
No court or tribunal cases involving Sathi Foundation IIT Kharagpur are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sathi Foundation IIT Kharagpur; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Sathi Foundation IIT Kharagpur; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sathi Foundation IIT Kharagpur has 5 board changes on record since 2021: 4 appointments and 1 cessation. The latest: Suman Chakraborty was appointed as Nominee Director on 29 Jul 2025.
Frequently asked questions
Sathi Foundation IIT Kharagpur is an active private not for profit company based in Kharagpur, West Bengal, India. The company works in science research, within the research and development industry. It was incorporated on 04 May 2021 (5+ years old) and is registered under CIN U73100WB2021NPL244937.
Sathi Foundation IIT Kharagpur has 3 current directors:
- Rintu Banerjee - Director
- Rabibrata Mukherjee - Director
- Suman Chakraborty - Nominee Director
The latest financial statements of Sathi Foundation IIT Kharagpur on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Sathi Foundation IIT Kharagpur is U73100WB2021NPL244937. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sathi Foundation IIT Kharagpur was incorporated on 04 May 2021, making it 5+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Sathi Foundation IIT Kharagpur by revenue are IIT Palakkad Technology Ihub Foundation, Jagvaas Biologicals Private Limited, K S Rag Heart Care Centre Private Limited, Magveh Energy Recovery Systems Private Limited, Threefifty PPM Technologies Private Limited and 1 more, all in the same principal business activity (scientific research and development).
Suman Chakraborty was appointed as Nominee Director on 29 Jul 2025. Amit Patra was appointed as Additional Director on 14 Jan 2025. Virendra Kumar Tewari ceased to be Director on 31 Dec 2024. Sathi Foundation IIT Kharagpur has 5 board changes on record in total.
The registered office of Sathi Foundation IIT Kharagpur is at Iit Kharagpur Campus Paschim Medinipur, West Bengal, India – 721302.
Sathi Foundation IIT Kharagpur operates in the research and development industry, in the science research segment.
Sathi Foundation IIT Kharagpur can be reached at its registered office: Iit Kharagpur Campus Paschim Medinipur, West Bengal, India – 721302.
Sathi Foundation IIT Kharagpur is registered under the jurisdiction of the Registrar of Companies (ROC), Kolkata.
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