Satleo Labs Private Limited
About Satleo Labs Private Limited
Data last updated:
Satleo Labs Private Limited is a private limited company based in Ahmedabad, Gujarat, India. The company operates in the professional, scientific and technical services sector. It was incorporated on 29 May 2023.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U62099GJ2023PTC141610. Its GSTIN is 24ABKCS9325C1ZC (Gujarat).
The company has an authorised share capital of ₹17.5 Lakh and a paid-up capital of ₹9.8 Lakh. It is led by directors including Sarwan Singh Bhati and Urmil Girish Bakhai.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹27.86 Lakh. For the same year it recorded a net profit of ₹54,428 (net margin 2%) and EBITDA of ₹78,538 (EBITDA margin 2.8%).
The company is associated with 1 brand: SatLeo Labs. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹48.55 Cr; the latest was in April 2026. Its 7 peer companies in the same principal business activity (scientific research and development) are compared by revenue, 3 larger and 4 smaller; the largest is Association for Academy of Advanced Haematology Education and Research with revenue of ₹28 Lakh.
Company details
Contact details
Satleo Labs Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address501 – 502 Silver Radiance, Sindhu Bhavan Marg Near Pakvan Cross Road, Ahmedabad, Gujarat, India – 380059
To see the full contact details of Satleo Labs 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
Satleo Labs operates one associated brand: SatLeo Labs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| AI and data science platform for earth observation is provided. | satleolabs.com |
Business activity
The main business activity of Satleo Labs 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 Satleo Labs Private Limited, buy the company report.
Financials of Satleo Labs Private Limited
FY 2025 filings availableSatleo Labs Private Limited reported revenue of ₹27.86 Lakh for FY 2024.
Financial Statement Summary
| Metrics | FY 2023-24 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹27.86 Lakh |
| Other Income | |
| Total Revenue | |
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| EBITDA | ₹78,538 |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹54,428 |
| Balance Sheet | |
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Financial Ratios
| Metrics | FY 2023-24 |
|---|---|
| Profitability | |
| EBITDA Margin | 2.8% |
| Net Profit Margin | 2% |
| Return on Equity (ROE) | |
| Return on Capital Employed (ROCE) | |
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To see the full financial statements and ratios of Satleo Labs Private Limited, buy the company report.
Board of directors of Satleo Labs Private Limited
Satleo Labs has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sarwan Singh Bhati | Director | 15 Apr 2024 | 2 Years 6 Months | Current |
| Urmil Girish Bakhai | Director | 15 Apr 2024 | 2 Years 6 Months | Current |
| Bhaskar Majumdar Also directs: Unicorn India Ventures Advisors LLP, Unicorn India Ventures Services LLP, Orbitaid Aerospace Private Limited and 5 more | Nominee Director | 13 Jul 2026 | 0 Years 3 Months | Current |
| Ranendu Sudhir Ghosh Also directs: K-Link Foundation | Director | 29 May 2023 | 3 Years 5 Months | Current |
Peer comparison
Satleo Labs Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Association for Academy of Advanced Haematology Education and Research | ₹28 Lakh (FY 2024) | 833.0% | Hyderabad, Telangana, India | |||
| 2E Knowledge Ventures Private Limited | ₹27.98 Lakh (FY 2025) | -33.0% | Hyderabad, Telangana, India | |||
| Lymphocare Labs Private Limited | ₹27.87 Lakh (FY 2021) | Delhi, India | ||||
| Satleo Labs Private Limitedthis company | ₹27.86 Lakh (FY 2024) | ₹54,428 | 2% | Ahmedabad, Gujarat, India | ||
| Rise India Ventures Private Limited | ₹27.86 Lakh (FY 2024) | -28.0% | Puttaparthi, Andhra Pradesh, India | |||
| Anaisha Puranjay Earth Sciences Innovation Private Limited | ₹27.84 Lakh (FY 2025) | 36.0% | Ghaziabad, Uttar Pradesh, India | |||
| Upsoil Technologies (OPC) Private Limited | ₹27.71 Lakh (FY 2022) | -32.0% | Ganjam, Odisha, India | |||
| Biopharm Products Development and Innovation Private Limited | ₹27.68 Lakh (FY 2025) | 146.0% | Cuttack, Odisha, India |
To see the full peer comparison of Satleo Labs Private Limited, buy the company report.
Auditor
Satleo Labs Private Limited is audited by DIMPLE PANDYA & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DIMPLE PANDYA & ASSOCIATES | FY 2024 | 138982W |
Shareholding
The shareholding of Satleo Labs Private Limited is on record for FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Satleo Labs Private Limited, buy the company report.
Deals & funding
Satleo Labs Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹48.55 Cr; the latest was in April 2026.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2026 | Funding round · Seed | ₹20.47 Cr | Investors: Unicorn India Ventures, Merak Ventures, Java Capital |
| Apr 2025 | Funding round · Pre-seed | ₹28.08 Cr | Investors: Merak Ventures, Huddle Ventures, GVFL, an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Satleo Labs Private Limited 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 Satleo Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Satleo Labs has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24ABKCS9325C1ZC | Gujarat | Active | 29 Jan 2024 |
To see the full GST registrations and return filing status of Satleo Labs Private Limited, buy the company report.
Recent activity
Satleo Labs Private Limited has 5 board changes on record since 2023: 4 appointments and 1 cessation. The latest: Bhaskar Majumdar was appointed as Nominee Director on 13 Jul 2026.
News
Frequently asked questions
Satleo Labs is an active private limited company based in Ahmedabad, Gujarat, India. The company works in the professional, scientific and technical industry. It was incorporated on 29 May 2023 (3+ years old) and is registered under CIN U62099GJ2023PTC141610.
Satleo Labs has 4 current directors:
- Sarwan Singh Bhati - Director
- Urmil Girish Bakhai - Director
- Bhaskar Majumdar - Nominee Director
- Ranendu Sudhir Ghosh - Director
The latest financial statements of Satleo Labs on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2024 are in the company report.
The GSTIN of Satleo Labs is 24ABKCS9325C1ZC, registered in Gujarat.
The CIN (Corporate Identification Number) of Satleo Labs is U62099GJ2023PTC141610. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Satleo Labs was incorporated on 29 May 2023, making it 3+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Satleo Labs has 2 deals on record (2 funding rounds), with disclosed funding of ₹48.55 Cr; the latest was in April 2026.
The peers of Satleo Labs by revenue are Association for Academy of Advanced Haematology Education and Research, 2E Knowledge Ventures Private Limited, Lymphocare Labs Private Limited, Rise India Ventures Private Limited, Anaisha Puranjay Earth Sciences Innovation Private Limited and 2 more, all in the same principal business activity (scientific research and development).
Bhaskar Majumdar was appointed as Nominee Director on 13 Jul 2026. Priyanka Baldua ceased to be Director on 28 Jun 2024. Sarwan Singh Bhati was appointed as Director on 15 Apr 2024. Satleo Labs has 5 board changes on record in total.
The registered office of Satleo Labs is at 501 – 502 Silver Radiance, Sindhu Bhavan Marg Near Pakvan Cross Road, Ahmedabad, Gujarat, India – 380059.
Satleo Labs operates in the professional, scientific and technical industry.
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