Sattvam India Ventures Private Limited
About Sattvam India Ventures Private Limited
Data last updated:
Sattvam India Ventures Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 16 May 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2011PTC217532. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹7 Cr. It was formerly known as Saturn Steel Ventures and Advisors Private Limited and 10-05-2011. It is led by directors Viraj Ghatlia Chhotalal and Satish Gopinath.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 501 Raheja Regency Near Sion Tel Exchange Sion – East, Mumbai, Maharashtra, India – 400022.
As per the financials filed for FY 2020, the company reported a revenue of ₹4.65 Cr, a growth of 92% compared to the previous year. For the same year it recorded a net profit of ₹79,986 (net margin 0.2%) and EBITDA of ₹3.19 Cr (EBITDA margin 68.7%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 12% over five years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹32.15 Cr and satisfied charges of ₹9.05 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Name history
Sattvam India Ventures has undergone 2 name changes throughout its history. The company was previously known as Saturn Steel Ventures And Advisors Private Limited, and 10-05-2011. The current legal name is Sattvam India Ventures Private Limited.
| Company Name | Status |
|---|---|
| Sattvam India Ventures Private Limited | Current |
| Saturn Steel Ventures And Advisors Private Limited | Previous |
| 10-05-2011 | Previous |
Contact details
Sattvam India Ventures Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address501 Raheja Regency Near Sion Tel Exchange Sion – East, Mumbai, Maharashtra, India – 400022
- IndustryMetals and Minerals, Metal Manufacturing & Processing
To see the full contact details of Sattvam India Ventures 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 Sattvam India Ventures is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Sattvam India Ventures Private Limited, buy the company report.
Financials of Sattvam India Ventures Private Limited
FY 2020 filings availableSattvam India Ventures Private Limited reported revenue of ₹4.65 Cr (up 92% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 92% growth in the latest year. EBITDA rose 11% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹4.65 Cr | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹3.19 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹79,986 | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 68.7% | ||||
| Net Profit Margin | 0.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Sattvam India Ventures Private Limited, buy the company report.
Board of directors of Sattvam India Ventures Private Limited
Sattvam India Ventures has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Viraj Ghatlia Chhotalal Also directs: Sattvam Capital Private Limited | Director | 05 Jul 2012 | 14 Years 3 Months | Current |
| Satish Gopinath Also directs: Sattvam Capital Private Limited, Sattvam Logistics Private Limited | Director | 16 May 2011 | 15 Years 5 Months | Current |
Auditor
Sattvam India Ventures Private Limited is audited by S s joshi & associates for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S s joshi & associates | FY 2020 | 132420W |
Shareholding
The shareholding of Sattvam India Ventures Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2018 | FY 2017 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sattvam India Ventures Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Apr 2021 | 100435059 | Others | ₹82 Lakh | Open | |
| 14 Sep 2020 | 100367333 | Others | ₹2.98 Cr | Open | |
| 14 Jun 2018 | 100194859 | Others | ₹10 Cr | Open | |
| 06 Jun 2017 | 100113542 | Others | ₹8 Cr | Open | |
| 07 Apr 2014 | 10533621 | Indusind Bank Ltd. | ₹10 Cr | Open |
To see the full charge records of Sattvam India Ventures Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Sattvam India Ventures Private Limited has 3 court cases on record: 1 filed by Sattvam India Ventures, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Commercial suit | Filed against the company by Chrysalis Realty Projects Pvt. Ltd. & Anr. | Disposed |
| Bombay High Court | Writ petition | Filed against the company by an individual | Disposed |
| NCLT, NCLT Mumbai | Insolvency matter | Filed by the company against Shri. Jitendra Palande Liquidator for M/S Forever Entertainment Private Limited & Ors | Disposed |
To see the full case history of Sattvam India Ventures 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 Sattvam India Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Sattvam India Ventures has 1 subsidiary company. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Saturn Rings & Forgings Private Limited | U27320PN2012PTC144043 |
To see the full group structure of Sattvam India Ventures Private Limited, buy the company report.
GST
Sattvam India Ventures has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sattvam India Ventures Private Limited, buy the company report.
Recent activity
Sattvam India Ventures Private Limited has 4 board changes on record since 2011: 2 appointments and 2 cessations. The latest: Rajkumar Vijaysing Merchant ceased to be Director on 05 Apr 2022.
6 earlier events are in the company report.
Frequently asked questions
Sattvam India Ventures is an active private limited company based in Mumbai, Maharashtra, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 16 May 2011 (15+ years old) and is registered under CIN U74120MH2011PTC217532.
Sattvam India Ventures has 2 current directors:
- Viraj Ghatlia Chhotalal - Director
- Satish Gopinath - Director
The latest financial statements of Sattvam India Ventures on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
No. Sattvam India Ventures has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Sattvam India Ventures is U74120MH2011PTC217532. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sattvam India Ventures has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the high courts.
Sattvam India Ventures was incorporated on 16 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Rajkumar Vijaysing Merchant ceased to be Director on 05 Apr 2022. Sundaresan Ramachandran ceased to be Director on 15 Sep 2012. Viraj Ghatlia Chhotalal was appointed as Director on 05 Jul 2012. Sattvam India Ventures has 4 board changes on record in total.
The registered office of Sattvam India Ventures is at 501 Raheja Regency Near Sion Tel Exchange Sion – East, Mumbai, Maharashtra, India – 400022.
Sattvam India Ventures operates in the metals and minerals industry, in the metal manufacturing and processing segment.
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