About Sati Rocks Stones Private Limited
Data last updated:
Sati Rocks Stones Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 30 July 2014.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U26931KA2014PTC075585. Its GSTIN is 33AAUCS9322E1Z4 (Tamil Nadu). The company held 3 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹2 Cr and a paid-up capital of ₹91.5 Lakh. It was led by directors including Sandeep Jalan and Swastik Jalan.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at No:C – 8 2nd Floor Room No. 4 Kudremukh Colony 2nd Block Sarjapur Road Koramangala, Bangalore, Karnataka, India – 560034.
As per the financials filed for FY 2023, the company reported a revenue of ₹9.39 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹21.37 Lakh (net margin 2.3%) and EBITDA of ₹89.05 Lakh (EBITDA margin 9.5%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 14% over five years.
As per MCA filings, the company had satisfied charges of ₹8.77 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The last known website on record is sati.co.in.
Company details
Contact details
Sati Rocks Stones Private Limited's registered office is in Bangalore, Karnataka. Its website is sati.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo:C – 8 2nd Floor Room No. 4 Kudremukh Colony 2nd Block Sarjapur Road Koramangala, Bangalore, Karnataka, India – 560034
- IndustryMetals and Minerals, Mining & Mineral Extraction
To see the full contact details of Sati Rocks Stones 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
Business activity
The main business activity of Sati Rocks Stones is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Sati Rocks Stones Private Limited, buy the company report.
Financials of Sati Rocks Stones Private Limited
FY 2023 filings availableSati Rocks Stones Private Limited reported revenue of ₹9.39 Cr (up 27% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 27% growth in the latest year. EBITDA rose 10% 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 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 | ₹9.39 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹89.05 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹21.37 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.5% | ||||
| Net Profit Margin | 2.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Sati Rocks Stones Private Limited, buy the company report.
Board of directors of Sati Rocks Stones Private Limited
Sati Rocks Stones has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Jalan Also directs: Sati Exports India Private Limited, JC Stone India Private Limited, Sati Stones Studio Private Limited and 1 more | Director | 30 Jul 2014 | 12 Years 3 Months | As last reported |
| Swastik Jalan | Director | 30 Jul 2014 | 12 Years 3 Months | As last reported |
| Swaroop Jalan | Director | 25 Feb 2015 | 11 Years 8 Months | As last reported |
Auditor
Sati Rocks Stones Private Limited is audited by ANKH AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANKH AND ASSOCIATES | FY 2023 | 015330S |
Shareholding
The shareholding of Sati Rocks Stones 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 Sati Rocks Stones Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jan 2020 | 100322565 | State Bank of India | ₹3.57 Cr | Satisfied | |
| 14 Feb 2017 | 100090477 | Others | ₹2.5 Cr | Satisfied | |
| 14 Feb 2017 | 100090657 | Others | ₹2.7 Cr | Satisfied |
To see the full charge records of Sati Rocks Stones Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Sati Rocks Stones Private Limited has 1 court case on record: 1 filed by Sati Rocks Stones. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Bengaluru | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Sati Rocks Stones 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
Sati Rocks Stones Private Limited has 8 MSME Form 1 returns on record between 2017 and 2020, listing 195 overdue payments to 38 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 (5 of 38)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Barkha Image Private Limited | |||
| Stone Tools | |||
| an individual supplier | |||
| Stonera Systems Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Sati Rocks Stones Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Sati Rocks Stones has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAUCS9322E1Z4 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sati Rocks Stones Private Limited, buy the company report.
Recent activity
Sati Rocks Stones Private Limited has 4 board changes on record since 2014: 3 appointments and 1 cessation. The latest: Vivek Kanodia ceased to be Additional Director on 05 May 2016.
2 earlier events are in the company report.
Frequently asked questions
Sati Rocks Stones has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Sati Rocks Stones was a private limited company based in Bangalore, Karnataka, India. The company worked in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 30 July 2014 and is registered under CIN U26931KA2014PTC075585. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Sati Rocks Stones was incorporated on 30 July 2014. It is registered with the Registrar of Companies, Bangalore.
Sati Rocks Stones had 3 directors:
- Sandeep Jalan - Director
- Swastik Jalan - Director
- Swaroop Jalan - Director
The CIN (Corporate Identification Number) of Sati Rocks Stones is U26931KA2014PTC075585. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Sati Rocks Stones is at No:C – 8 2nd Floor Room No. 4 Kudremukh Colony 2nd Block Sarjapur Road Koramangala, Bangalore, Karnataka, India – 560034.
Sati Rocks Stones can be reached through the website sati.co.in. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Sati Rocks Stones on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Sati Rocks Stones is 33AAUCS9322E1Z4, registered in Tamil Nadu. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
Sati Rocks Stones operated in the metals and minerals industry, in the mining and mineral extraction segment.
Sati Rocks Stones has 8 MSME Form 1 returns on record between 2017 and 2020, listing 195 overdue payments to 38 micro and small suppliers. The latest return was filed on 27 Sep 2020.
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