- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-22-0214459

Satnam Processors Private Limited
About Satnam Processors Private Limited
Data last updated:
Satnam Processors Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 10 August 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U23200GJ1992PTC018139. Its GSTIN is 24AADCS3574R1ZR (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It was formerly known as Shiva Petrolex Pvt Ltd. It is led by directors including Ashish Omprakash Chawla and Ashokkumar Dharamdev Khurana.
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 238 Bardoli Road Village Jolwa Tal. Palsana, Surat, Gujarat, India – 394220.
As per the financials filed for FY 2024, the company reported a revenue of ₹21.46 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹15.51 Lakh (net margin 0.7%) and EBITDA of ₹73.55 Lakh (EBITDA margin 3.4%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 4% over five years.
The company has about 23 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹8.95 Cr and satisfied charges of ₹4.59 Cr on record. Court records list 34 cases involving the company, including 6 filed by the company and 28 filed against it; 3 cases are pending.
Satnam Processors Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0214459). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Satnam Processors has undergone 3 name changes throughout its history. The company was previously known as Shiva Petrolex Pvt Ltd, Satnam Processors Private Limited, and Dharamsons Processors Private Limited. The current legal name is Satnam Processors Private Limited.
| Company Name | Status |
|---|---|
| Satnam Processors Private Limited | Current |
| Shiva Petrolex Pvt Ltd | Previous |
| Dharamsons Processors Private Limited | Previous |
Recognitions & Rankings of Satnam Processors
Contact details
Satnam Processors Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address238 Bardoli Road Village Jolwa Tal. Palsana, Surat, Gujarat, India – 394220
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Satnam Processors 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 Satnam Processors is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Satnam Processors Private Limited, buy the company report.
Financials of Satnam Processors Private Limited
FY 2025 filings availableSatnam Processors Private Limited reported revenue of ₹21.46 Cr (down 6% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA rose 15% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹73.55 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹15.51 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.4% | ||||
| Net Profit Margin | 0.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Satnam Processors Private Limited, buy the company report.
Board of directors of Satnam Processors Private Limited
Satnam Processors has 6 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Omprakash Chawla | Director | 07 Feb 2024 | 2 Years 8 Months | Current |
| Ashokkumar Dharamdev Khurana | Director | 20 Feb 2019 | 7 Years 8 Months | Current |
| Akash Ashok Khurana | Director | 17 Apr 2019 | 7 Years 6 Months | Current |
| Jyoti Sumir Kumar Kinra Also directs: Simu Impex Private Limited | Director | 07 Feb 2024 | 2 Years 8 Months | Current |
| Sumir Gobindlal Kinara Also directs: Simu Impex Private Limited | Director | 26 Jun 2006 | 20 Years 3 Months | Current |
| Sudhir Gobindlal Kinra | Director | 26 Jun 2006 | 20 Years 3 Months | Current |
Peer comparison
Satnam Processors Private Limited is compared with the 9 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Harsha Yarn and Synthetics Private Limited | ₹21.49 Cr (FY 2025) | 62.0% | Ichalkaranji, Maharashtra, India | |||
| Annur Sriambal Fabrics Private Limited | ₹21.49 Cr (FY 2025) | 2.0% | Coimbatore(Dt), Tamil Nadu, India | |||
| RGT Fashion Private Limited | ₹21.48 Cr (FY 2024) | 48.0% | Kolkata, West Bengal, India | |||
| Novalee Polyfab Private Limited | ₹21.47 Cr (FY 2025) | 7.0% | Surat, Gujarat, India | |||
| Deluxe Fabrics (I) Limited | ₹21.46 Cr (FY 2025) | 13.0% | Punjab, India | |||
| Satnam Processors Private Limitedthis company | ₹21.46 Cr (FY 2024) | ₹15.51 Lakh | 0.7% | -6.0% | 23 | Surat, Gujarat, India |
| Apollo Design Apparel Parks Limited | ₹21.45 Cr (FY 2023) | -57.0% | Mumbai, Maharashtra, India | |||
| Shyam Cotton Private Limited | ₹21.43 Cr (FY 2019) | 42.0% | Tankara, Gujarat, India | |||
| R D Cotlink Private Limited | ₹21.4 Cr (FY 2016) | 38.0% | Savarkundla, Gujarat, India | |||
| Somani Fashion Private Limited | ₹21.38 Cr (FY 2024) | 33.0% | Delhi, India |
To see the full peer comparison of Satnam Processors Private Limited, buy the company report.
Auditor
Satnam Processors Private Limited is audited by SANJAY MAHESHWARI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJAY MAHESHWARI & ASSOCIATES | FY 2023 | 0113289W |
Shareholding
The shareholding of Satnam Processors 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 Satnam Processors Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Mar 2025 | 101054691 | Hdfc Bank Limited | ₹50 Lakh | Open | |
| 03 Nov 2022 | 100657880 | Hdfc Bank Limited | ₹2.95 Cr | Open | |
| 31 Mar 2017 | 100095016 | Hdfc Bank Limited | ₹5.5 Cr | Open | |
| 11 Aug 2007 | 10065044 | Bank of Baroda | ₹2 Cr | Satisfied | |
| 11 Aug 2007 | 10065043 | Bank of Baroda | ₹2 Cr | Satisfied |
To see the full charge records of Satnam Processors Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Satnam Processors Private Limited has 34 court cases on record: 6 filed by Satnam Processors, 28 filed against it. 3 cases are pending and 31 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 34 | 28 | 3 |
Cases on record (5 of 34)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Court case (PWAPP LC) | Filed against the company by an individual | Pending |
| District court, SURAT, Gujarat | Court case (TAPP LC) | Filed against the company by an individual | Pending |
| District court, SURAT, Gujarat | Court case (PWAPP LC) | Filed against the company by an individual | Pending |
| District court, SURAT, Gujarat | Court case (PWAPP LC) | Filed against the company by an individual | Disposed |
| District court, SURAT, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Satnam Processors 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 Satnam Processors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Satnam Processors Private Limited has a workforce of 23 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Satnam Processors has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCS3574R1ZR | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Satnam Processors Private Limited, buy the company report.
Recent activity
Satnam Processors Private Limited has 8 board changes on record since 2006: 6 appointments and 2 cessations. The latest: Ashish Omprakash Chawla was appointed as Director on 07 Feb 2024.
18 earlier events are in the company report.
Frequently asked questions
Satnam Processors is an active private limited company based in Surat, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 10 August 1992 (34+ years old) and is registered under CIN U23200GJ1992PTC018139.
Satnam Processors has 6 current directors:
- Ashish Omprakash Chawla - Director
- Ashokkumar Dharamdev Khurana - Director
- Akash Ashok Khurana - Director
- Jyoti Sumir Kumar Kinra - Director
- Sumir Gobindlal Kinara - Director
- Sudhir Gobindlal Kinra - Director
The latest financial statements of Satnam Processors 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 2015 are in the company report.
The GSTIN of Satnam Processors is 24AADCS3574R1ZR, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Satnam Processors is U23200GJ1992PTC018139. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Satnam Processors has 34 court cases on record: 6 filed by the company and 28 filed against it. 3 are pending.
Satnam Processors was incorporated on 10 August 1992, making it 34+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Satnam Processors by revenue are Harsha Yarn and Synthetics Private Limited, Annur Sriambal Fabrics Private Limited, RGT Fashion Private Limited, Novalee Polyfab Private Limited, Deluxe Fabrics (I) Limited and 4 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Ashish Omprakash Chawla was appointed as Director on 07 Feb 2024. Jyoti Sumir Kumar Kinra was appointed as Director on 07 Feb 2024. Deepa Sanjaykumar Kinra ceased to be Director on 27 Apr 2019. Satnam Processors has 8 board changes on record in total.
Yes, Satnam Processors is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-22-0214459).
The registered office of Satnam Processors is at 238 Bardoli Road Village Jolwa Tal. Palsana, Surat, Gujarat, India – 394220.