Satpal Metals Private Limited
About Satpal Metals Private Limited
Data last updated:
Satpal Metals Private Limited is a private limited company based in Mandi Gobindgarh, Punjab, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 16 August 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U27100PB2004PTC027404. Its GSTIN is 03AAICS5595H1Z2 (Punjab).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹39.22 Lakh. It is led by directors including Benu Jain and Chanchal Jain.
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 Village Wazir Nagar Link Road Ambey Majra, Mandi Gobindgarh, Punjab, India – 147301.
As per the financials filed for FY 2024, the company reported a revenue of ₹52.94 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹17.33 Lakh (net margin 0.3%) and EBITDA of ₹98.42 Lakh (EBITDA margin 1.9%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹19.15 Cr and satisfied charges of ₹26.72 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressVillage Wazir Nagar Link Road Ambey Majra, Mandi Gobindgarh, Punjab, India – 147301
- IndustryManufacturing, Pipe & Tubes
- 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
- One PDF report, delivered after checkout
Business Activity of Satpal Metals Private Limited
The main business activity of Satpal Metals is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Satpal Metals Private Limited FY 2025 filings available
Satpal Metals Private Limited reported revenue of ₹52.94 Cr (down 23% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Satpal Metals Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 23% fall in the latest year. EBITDA fell 59% 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 of Satpal Metals Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹98.42 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹17.33 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 of Satpal Metals Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Satpal Metals are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Satpal Metals Private Limited
Satpal Metals Private Limited is compared with the companies closest to it by revenue in the Cleantech industry (Biofuel and Biomass, Metals). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Marvelous Metals Pvt Ltd | ₹53.32 Cr (FY 2021) | •••• | •••• | 24.0% | •••• | Kolhapur, Maharashtra, India |
| Mahendra Power Private Limited | ₹53.31 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Raipur, Chhattisgarh, India |
| Fine Fortunate Industries Limited | ₹53.24 Cr (FY 2025) | •••• | •••• | 77.0% | •••• | Delhi, India |
| PVSR Steel and Power Private Limited | ₹53.21 Cr (FY 2025) | •••• | •••• | 1603.0% | •••• | Bellary, Karnataka, India |
| Orion Ferro Alloys Private Ltd. | ₹53.03 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Raigarh, Chhattisgarh, India |
| Satpal Metals Private Limited this company | ₹52.94 Cr (FY 2024) | •••• | •••• | -23.0% | •••• | Mandi Gobindgarh, Punjab, India |
| Biofuelcircle Private Limited | ₹52.92 Cr (FY 2025) | •••• | •••• | 71.0% | •••• | Pune, Maharashtra, India |
| Gehna Precious Metals Limited | ₹52.85 Cr (FY 2017) | •••• | •••• | -82.0% | •••• | New Delhi, Delhi, India |
| Matashree Mercantile Pvt Ltd | ₹52.83 Cr (FY 2025) | •••• | •••• | -52.0% | •••• | Kolkata, West Bengal, India |
| Changodar Metals Private Limited | ₹52.68 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Changodar, Gujarat, India |
| Asoka Sky Metals Private Limited | ₹52.64 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Jamshedpur, Jharkhand, India |
Peers are the five companies nearest above and the five nearest below Satpal Metals by revenue in the Cleantech industry (Biofuel and Biomass, Metals), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Satpal Metals Private Limited
Satpal Metals Private Limited is audited by DATTA SINGLA & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DATTA SINGLA & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Satpal Metals Private Limited
Satpal Metals has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Benu Jain | Director | 07 Nov 2017 | 8 Years 11 Months | Current |
| Chanchal Jain Also directs: Satpal Strips Private Limited | Director | 17 Nov 2023 | 2 Years 10 Months | Current |
| Pranav Jain | Director | 17 Nov 2023 | 2 Years 10 Months | Current |
| Amit Jain Also directs: Satpal Strips Private Limited | Director | 17 Nov 2023 | 2 Years 10 Months | Current |
| Atul Jain Also directs: Sigma Global Private Limited | Director | 16 Aug 2004 | 22 Years 1 Months | Current |
Ownership and Shareholding of Satpal Metals Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Satpal Metals Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Aug 2025 | Yes Bank Limited | ₹8 Cr | Open |
| 23 Jul 2025 | Hdfc Bank Limited | ₹23.49 Lakh | Open |
| 18 Jul 2023 | Hdfc Bank Limited | ₹10.75 Cr | Open |
| 21 Dec 2021 | Hdfc Bank Limited | ₹8.08 Lakh | Open |
| 22 Jun 2018 | Axis Bank Limited | ₹8 Lakh | Open |
Total charge records: 13 View all charges
Legal Cases of Satpal Metals Private Limited
Satpal Metals Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 29 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Fatehgarh Sahib, Punjab | Court case (TA CIVIL) | Filed against the company by an individual | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Satpal Metals Private Limited
Employment history and EPFO contributions of people linked to Satpal Metals.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Satpal Metals Private Limited
Satpal Metals Private Limited has 10 board changes on record since 2004: 5 appointments and 5 cessations. The latest: Chanchal Jain ceased to be Additional Director on 24 Sep 2024.
27 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Satpal Metals Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Satpal Metals Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Satpal Metals Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Satpal Metals Private Limited
Satpal Metals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAICS5595H1Z2 | Punjab | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Satpal Metals Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Satpal Metals Private Limited
Satpal Metals is an active private limited company based in Mandi Gobindgarh, Punjab, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 16 August 2004 (22+ years old) and is registered under CIN U27100PB2004PTC027404.
Satpal Metals reported revenue of ₹52.94 Cr for FY 2024 (down 23% YoY).
Satpal Metals has 5 current directors:
- Benu Jain - Director
- Chanchal Jain - Director
- Pranav Jain - Director
- Amit Jain - Director
- Atul Jain - Director
Satpal Metals reported a net profit of ₹17.33 Lakh (net margin 0.3%) and EBITDA of ₹98.42 Lakh (EBITDA margin 1.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Satpal Metals is -8% over three years and -1% over five years. In the latest year (FY 2024) revenue fell 23%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Satpal Metals is 03AAICS5595H1Z2, registered in Punjab.
The CIN (Corporate Identification Number) of Satpal Metals is U27100PB2004PTC027404. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Satpal Metals has 1 court case on record: 1 filed against it.
Satpal Metals was incorporated on 16 August 2004, making it 22+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Satpal Metals by revenue are Marvelous Metals Pvt Ltd, Mahendra Power Private Limited, Fine Fortunate Industries Limited, PVSR Steel and Power Private Limited, Orion Ferro Alloys Private Ltd. and 5 more, all in the Cleantech industry (Biofuel and Biomass, Metals).
Chanchal Jain ceased to be Additional Director on 24 Sep 2024. Pranav Jain ceased to be Additional Director on 24 Sep 2024. Amit Jain was appointed as Director on 17 Nov 2023. Satpal Metals has 10 board changes on record in total.