Satia Synthetics Limited Company Logo

Satia Synthetics Limited - Company Profile

It is a manufacturing public limited company based in Muktsar, Punjab, India, established in 1992.

1992 | Muktsar, Punjab, India | Active
Last Updated:

About Satia Synthetics Limited

Satia Synthetics Limited, a active public limited company, was established on 23 November 1992 in Muktsar, Punjab, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17111PB1992PLC012747. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹63.40 Cr and a paid-up capital of ₹63.11 Cr.

It upholds a compliant status. Employing 332 professional, Its leadership includes Kailash Chandra (Director), Madan Mohan Chopra (Director), Anil Satia (Managing Director). Past directors included Arun Kumar Gupta, Kailash Chandra, Sanjeev Sethi. It holds ₹209.21 Cr open charges and ₹121.45 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Villaga Lubanianwali Ferozpur Road, Muktsar, Punjab.

Company Details

  • CIN/LLPIN

    U17111PB1992PLC012747

  • Registration Number

    012747

  • Incorporation Date

    23 November 1992

  • Authorized Capital

    ₹63.40 Cr

  • Paid-Up Capital

    ₹63.11 Cr

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 63.40 Cr
  • Paid Up Capital ₹ 63.11 Cr
  • Company Age 33 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 209.21 Cr
  • Satisfied Charges ₹ 121.45 Cr
  • Revenue Growth -79.56%
  • Profit Growth 41.63%
  • Ebitda 83.81%
  • Net Worth -6.30%
  • Total Assets -17.03%
Company report

Satia Synthetics Limited

Company Report FY 2025-2026

Explore comprehensive insights into Satia Synthetics 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 Satia Synthetics Limited?

Current Directors

NameDesignationAppointment DateStatus
Kailash ChandraDirector31 Mar 2017Current
Madan Mohan ChopraDirector31 Mar 2017Current
Anil SatiaManaging Director28 Sep 1996Current
Birendra SinghDirector28 Mar 2011Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector20 Dec 2014Past
Pramod AbcsddAdditional Director29 Sep 2022Past
Pramod AbcsddDirector31 Mar 2017Past
Pramod AbcsddNominee Director09 Jun 2015Past
Pramod AbcsddAdditional Director29 Sep 2022Past
Pramod AbcsddNominee Director05 Jun 2014Past

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Financial Performance of Satia Synthetics.

Satia Synthetics Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 79.56% decrease. The company also saw a substantial improvement in profitability, with a 41.63% increase in profit. The company's net worth dipped by a decrease of 6.3%.

Satia Synthetics revenue growth over time
Satia Synthetics profit and loss trends over time
  • 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
-79.56%
Revenue from Operations
-79.63%
Total Assets
-17.03%
Profit or Loss
41.63%
Net Worth
-6.30%
EBITDA
83.81%

What is the Ownership and Shareholding Structure of Satia Synthetics?

In 2023, Satia Synthetics had a promoter holding of 93.46% and a public holding of 6.54%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹2,092,112,000.00

Satisfied Charges

₹1,214,500,000.00

Charges Breakdown by Lending Institutions

  • Others : 186.71 Cr
  • The Industrial Finance Corp. Of India Ltd : 12.00 Cr
  • The Industrial Financa Corp. Of India Ltd : 4.53 Cr
  • State Bank Of Patiala : 3.55 Cr
  • Ifci Ltd : 1.21 Cr
  • Others : 1.21 Cr

Latest Charge Details

DateLenderAmountStatus
03 Mar 2018Others₹4.00 MOpen
23 Dec 2015Others₹18.00 CrOpen
31 Oct 2013Others₹3.50 CrOpen
16 Aug 2007Others₹12.81 CrOpen
18 Jul 2007Others₹15.00 CrOpen

Explore comprehensive loan charge details -

How Many Employees Work at Satia Synthetics?

Satia Synthetics has a workforce of 332 employees as of Mar 29, 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 growth trends for Satia Synthetics Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Satia Synthetics, 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 Satia Synthetics'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.

Latest Updates, News, and FAQs on Satia Synthetics

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Satia Synthetics Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Satia Synthetics Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh. was recorded as a recent event.

  • Charges

    The activity A charge with Others of Rs. 122.00 Cr registered on 21 Dec 1998 with Charge ID 90177959 was modified on 30 Mar 2024. was completed.

  • Charges

    Progress on A charge with Others of Rs. 0.40 Cr registered on 03 Mar 2018 with Charge ID 100172374 was modified on 26 Mar 2024. was documented.

  • Charges

    Progress on A charge with Others of Rs. 18.00 Cr registered on 23 Dec 2015 with Charge ID 10613833 was modified on 26 Mar 2024. was documented.

  • Charges

    A charge with Others of Rs. 3.50 Cr registered on 31 Oct 2013 with Charge ID 10464641 was modified on 26 Mar 2024. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Satia Synthetics Limited?

    The CIN of Satia Synthetics Limited is U17111PB1992PLC012747.

  • Where is Satia Synthetics Limited headquartered?

    Satia Synthetics Limited is headquartered at Villaga Lubanianwali Ferozpur Road, Muktsar, Punjab.

  • When was Satia Synthetics Limited incorporated?

    Satia Synthetics Limited was incorporated on 23 November 1992.

  • Who are the current directors of Satia Synthetics Limited?

    The current directors of Satia Synthetics Limited are

  • What is the primary industry of Satia Synthetics Limited?

    The primary industry of Satia Synthetics Limited is Manufacturing.

  • Is Satia Synthetics Limited a listed company?

    Satia Synthetics Limited is unlisted.

  • What is the capital structure of Satia Synthetics Limited?

    The authorized capital of Satia Synthetics Limited is ₹63.40 Cr, and the paid-up capital is ₹63.11 Cr.

  • What is the compliance status of Satia Synthetics Limited?

    The compliance status of Satia Synthetics Limited is Compliant.

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