Satlon Enterprise Private Limited
About Satlon Enterprise Private Limited
Data last updated:
Satlon Enterprise Private Limited was a private limited company based in Ahmedabad, Gujarat, 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 real estate financing segment of the financial services sector. It was incorporated on 24 September 1981.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51101GJ1981PTC004642. Its GSTIN is 24AACCS6239G1ZF (Gujarat).
The company had an authorised share capital of ₹21.5 Lakh and a paid-up capital of ₹1.1 Lakh. It was led by directors Falgunbhai Chimanbhai Patel and Parthiv Falgunbhai Patel.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Third Floor 'Sandesh Bhavan' Lad Society Road B/H. Vastrapur Gam P.O. Bodakdev, Ahmedabad, Gujarat, India – 380054.
As per the financials filed for FY 2019, the company reported a revenue of ₹46.16 Cr, a growth of 148% compared to the previous year. For the same year it recorded a net profit of ₹32.84 Cr (net margin 71.1%) and EBITDA of ₹45.98 Cr (EBITDA margin 99.6%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years.
As per MCA filings, the company had satisfied charges of ₹128 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it.
Company details
CIN history
Satlon Enterprise has one previous CIN (Corporate Identification Number): U65910GJ1981PTC004642. The current CIN is U51101GJ1981PTC004642, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51101GJ1981PTC004642 | Current |
| U65910GJ1981PTC004642 | Previous |
Contact details
Satlon Enterprise Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressThird Floor 'Sandesh Bhavan' Lad Society Road B/H. Vastrapur Gam P.O. Bodakdev, Ahmedabad, Gujarat, India – 380054
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Satlon Enterprise 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 Satlon Enterprise is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Satlon Enterprise Private Limited, buy the company report.
Financials of Satlon Enterprise Private Limited
FY 2019 filings availableSatlon Enterprise Private Limited reported revenue of ₹46.16 Cr (up 148% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over three years, including 148% growth in the latest year. EBITDA rose 149% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹46.16 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹45.98 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹32.84 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 99.6% | ||||
| Net Profit Margin | 71.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Satlon Enterprise Private Limited, buy the company report.
Board of directors of Satlon Enterprise Private Limited
Satlon Enterprise has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Falgunbhai Chimanbhai Patel | Director | 01 Nov 2012 | 13 Years 11 Months | As last reported |
| Parthiv Falgunbhai Patel | Director | 01 Nov 2012 | 13 Years 11 Months | As last reported |
Auditor
Satlon Enterprise Private Limited is audited by AJAY J SHAH & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AJAY J SHAH & CO | FY 2019 | 114262W |
Shareholding
The shareholding of Satlon Enterprise Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Satlon Enterprise Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Feb 2015 | 10558313 | Yes Bank Limited | ₹3 Cr | Satisfied | |
| 02 Feb 2012 | 10338131 | Yes Bank Limited | ₹115 Cr | Satisfied | |
| 26 Oct 2007 | 10078402 | Union Bank of India | ₹10 Cr | Satisfied |
To see the full charge records of Satlon Enterprise Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Satlon Enterprise Private Limited has 5 court cases on record: 3 filed by Satlon Enterprise, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 2 | 0 |
| District courts | 2 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bharuch, Gujarat | Civil suit | Filed by the company against individuals | Disposed |
| High Court, GUJARAT | Special civil application | Filed against the company by individuals | Disposed |
| High Court, GUJARAT | Court case (CR.MA) | Filed against the company by an individual | Disposed |
| High Court, GUJARAT | Court case (COMP) | Filed by the company | Disposed |
| District court, Bharuch, Gujarat | Criminal complaint | Filed by the company against Mr Manoj Indravadn Choksi Prop M/S Maa Estate Agency | Disposed |
To see the full case history of Satlon Enterprise 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 Satlon Enterprise Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Satlon Enterprise has 1 associated company. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
GST
Satlon Enterprise has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCS6239G1ZF | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Satlon Enterprise Private Limited, buy the company report.
Recent activity
Satlon Enterprise Private Limited has 7 board changes on record since 2012: 2 appointments and 5 cessations. The latest: Falgunbhai Chimanbhai Patel ceased to be Additional Director on 30 Sep 2013.
4 earlier events are in the company report.
Frequently asked questions
Satlon Enterprise 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.
Satlon Enterprise was a private limited company based in Ahmedabad, Gujarat, India. The company worked in real estate financing, within the financial services industry. It was incorporated on 24 September 1981 and is registered under CIN U51101GJ1981PTC004642. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Satlon Enterprise was incorporated on 24 September 1981. It is registered with the Registrar of Companies, Ahmedabad.
Satlon Enterprise had 2 directors:
- Falgunbhai Chimanbhai Patel - Director
- Parthiv Falgunbhai Patel - Director
The CIN (Corporate Identification Number) of Satlon Enterprise is U51101GJ1981PTC004642. 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 Satlon Enterprise is at Third Floor Sandesh Bhavan Lad Society Road BH. Vastrapur Gam P.O. Bodakdev, Ahmedabad, Gujarat, India – 380054.
The latest financial statements of Satlon Enterprise on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Satlon Enterprise is 24AACCS6239G1ZF, registered in Gujarat.
Satlon Enterprise operated in the financial services industry, in the real estate financing segment.
Satlon Enterprise has 5 court cases on record: 3 filed by the company and 2 filed against it. Most are in the high courts.