MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-MP-23-0065411
Satv Refinery Private Limited
Satv Refinery Private Limited - environment in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.05 Lakh
▼ 91% YoY
Net loss · FY 2025
₹4.35 Lakh
Net margin -414.3%
EBITDA · FY 2025
-₹1.68 Lakh
EBITDA margin -160.1%
Authorised capital
₹16 Cr
Registered with MCA
Paid-up capital
₹15.93 Cr
Issued & subscribed
Open charges
₹90.25 Cr
Secured borrowings
Company age
4 yrs
Est. 2022
Directors on board
5
As per MCA filings
About Satv Refinery Private Limited
Data last updated:
Satv Refinery Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the biofuel and biomass energy segment of the environmental services sector. It was incorporated on 19 August 2022.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U23200MP2022PTC062310. Its GSTIN is 23ABJCS2049E1ZK (Madhya Pradesh).
The company has an authorised share capital of ₹16 Cr and a paid-up capital of ₹15.93 Cr. It is led by directors including Raman Mathur and Vipin P Gupta.
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 128A Kalindi Kunj Pipliyahana, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.05 Lakh, a decline of 91% compared to the previous year. For the same year it recorded a net loss of ₹4.35 Lakh (net margin -414.3%) and EBITDA of -₹1.68 Lakh (EBITDA margin -160.1%).
As per MCA filings, the company has open charges of ₹90.25 Cr on record.
Satv Refinery Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0065411). The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Satv Refinery Private Limited
CIN U23200MP2022PTC062310
Registration Number 062310
Incorporation Date 19 August 2022
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MP-23-0065411
Recognitions & Rankings of Satv Refinery
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address128A Kalindi Kunj Pipliyahana, Indore, Madhya Pradesh, India – 452001
- IndustryEnvironment, Biofuel & Biomass Energy
Comprehensive company report
Satv Refinery Private Limited - one report that includes everything
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Financials of Satv Refinery Private Limited FY 2025 filings available
Satv Refinery Private Limited reported revenue of ₹1.05 Lakh (down 91% YoY) for FY 2025.
Revenue · FY 2025
₹1.05 Lakh ▼ 91%
Net loss · FY 2025
₹4.35 Lakh margin -414.3%
EBITDA · FY 2025
-₹1.68 Lakh margin -160.1%
Compounded Annual Growth Rate (CAGR) of Satv Refinery Private Limited
Revenue CAGR growth
1 year
▼ 91%
EBITDA CAGR growth
1 year
▼ 116%
Revenue fell 91% in the latest year. EBITDA fell 116% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Satv Refinery Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | -₹1.68 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹4.35 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 Satv Refinery Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -160.1% | •••• | •••• |
| Net Profit Margin | -414.3% | •••• | •••• |
| 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 Satv Refinery are in the company report.
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Financial statements from FY 2023
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.
Board of Directors of Satv Refinery Private Limited
Satv Refinery has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raman Mathur | Director | 19 Aug 2022 | 4 Years 2 Months | Current |
| Vipin P Gupta Also directs: Satv Feed & Nutritions Private Limited, Satv Greenfuel Private Limited, Trenchless Engineering and Sales Private Limited and 1 more | Director | 19 Aug 2022 | 4 Years 2 Months | Current |
| Nefal Singh Solanki | Additional Director | 16 Oct 2025 | 1 Years 0 Months | Current |
| Vishakha Gupta | Director | 16 Jan 2024 | 2 Years 9 Months | Current |
| Mamta Mathur | Director | 29 Mar 2023 | 3 Years 6 Months | Current |
Peer Comparison of Satv Refinery Private Limited
Satv Refinery Private Limited is compared with the companies closest to it by revenue in the Cleantech industry (Biofuel and Biomass). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Yash Biofuels Private Limited | ₹1.19 Lakh (FY 2025) | •••• | •••• | -98.0% | •••• | Surat, Gujarat, India |
| Blossom Biofuels Private Limited | ₹1.15 Lakh (FY 2022) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Shri Mallikarjun Sugar and Energy Projects Private Limited | ₹1.12 Lakh (FY 2025) | •••• | •••• | •••• | Gulbarga, Karnataka, India | |
| Griesel India Biofuels Private Limited | ₹1.11 Lakh (FY 2020) | •••• | •••• | -61.0% | •••• | Kolhapur, Maharashtra, India |
| Raj Renewable Energy Private Limited | ₹1.08 Lakh (FY 2024) | •••• | •••• | 35.0% | •••• | Hisar, Haryana, India |
| Satv Refinery Private Limited this company | ₹1.05 Lakh (FY 2025) | •••• | •••• | -91.0% | •••• | Indore, Madhya Pradesh, India |
| Anvik Innovbiz Private Limited | ₹1.04 Lakh (FY 2025) | •••• | •••• | 126.0% | •••• | New Delhi, Delhi, India |
| Nakshtra Biofuels Private Limited | ₹1.03 Lakh (FY 2025) | •••• | •••• | 2183.0% | •••• | Delhi, India |
| Demeter Agro Energies Private Limited | ₹1 Lakh (FY 2025) | •••• | •••• | 6.0% | •••• | Panchkula, Haryana, India |
| JBM Enviro Bioenergy Lucknow Private Limited | ₹1 Lakh (FY 2025) | •••• | •••• | •••• | Haryana, India | |
| Rge Surat Private Limited | ₹1 Lakh (FY 2025) | •••• | •••• | -24.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Satv Refinery by revenue in the Cleantech industry (Biofuel and Biomass), 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 Satv Refinery Private Limited
Satv Refinery Private Limited is audited by PSRS&CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PSRS&CO. | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
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Verified entity values are shown only after access is granted.
Ownership and Shareholding of Satv Refinery Private Limited
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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 Satv Refinery Private Limited
Open charges
₹90.25 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 May 2024 | Others | ₹90.25 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Satv Refinery Private Limited
Satv Refinery Private Limited has a workforce of 0 employees as of Mar 22, 2024.
Active EPFO establishments
1
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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.
Group Structure of Satv Refinery Private Limited
Satv Refinery has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Associated companies
Recent Activity on Satv Refinery Private Limited
Satv Refinery Private Limited has 11 board changes on record since 2022: 8 appointments and 3 cessations. The latest: Nefal Singh Solanki was appointed as Additional Director on 16 Oct 2025.
Appointed
Nefal Singh Solanki was appointed as Additional Director.
AGM
Satv Refinery Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 90.25 Cr registered on 31 May 2024 with Charge ID 100929984 was modified on 21 May 2025.
Filing
Satv Refinery Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Charges
A charge with Others amounted to Rs. 90.25 Cr with Charge ID 100929984 was registered on 31 May 2024.
Ceased
Ramit Mathur ceased to be Director.
Ceased
Siddharth Gupta ceased to be Director.
Ceased
Tanmay Mathur ceased to be Director.
Appointed
Vishakha Gupta was appointed as Director.
Appointed
Mamta Mathur was appointed as Director.
Appointed
Raman Mathur was appointed as Director.
Appointed
Ramit Mathur was appointed as Director.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Satv Refinery Private Limited
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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 Satv Refinery Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Satv Refinery Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
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Verified entity values are shown only after access is granted.
GST Compliance of Satv Refinery Private Limited
Satv Refinery has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23ABJCS2049E1ZK | Madhya Pradesh | Active | 05 Sep 2022 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Satv Refinery Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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- Annual returns and statements
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Frequently Asked Questions about Satv Refinery Private Limited
Satv Refinery is an active private limited company based in Indore, Madhya Pradesh, India. The company works in biofuel and biomass energy, within the environment industry. It was incorporated on 19 August 2022 (4+ years old) and is registered under CIN U23200MP2022PTC062310.
Satv Refinery reported revenue of ₹1.05 Lakh for FY 2025 (down 91% YoY).
Satv Refinery has 5 current directors:
- Raman Mathur - Director
- Vipin P Gupta - Director
- Nefal Singh Solanki - Additional Director
- Vishakha Gupta - Director
- Mamta Mathur - Director
Satv Refinery reported a net loss of ₹4.35 Lakh (net margin -414.3%) and EBITDA of -₹1.68 Lakh (EBITDA margin -160.1%) for FY 2025, as per its filed financial statements.
The GSTIN of Satv Refinery is 23ABJCS2049E1ZK, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Satv Refinery is U23200MP2022PTC062310. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Satv Refinery was incorporated on 19 August 2022, making it 4+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Satv Refinery by revenue are Yash Biofuels Private Limited, Blossom Biofuels Private Limited, Shri Mallikarjun Sugar and Energy Projects Private Limited, Griesel India Biofuels Private Limited, Raj Renewable Energy Private Limited and 5 more, all in the Cleantech industry (Biofuel and Biomass).
Nefal Singh Solanki was appointed as Additional Director on 16 Oct 2025. Ramit Mathur ceased to be Director on 16 Jan 2024. Siddharth Gupta ceased to be Director on 16 Jan 2024. Satv Refinery has 11 board changes on record in total.
Yes, Satv Refinery is registered as a micro enterprise under Udyam registration (number: UDYAM-MP-23-0065411).
The registered office of Satv Refinery is at 128A Kalindi Kunj Pipliyahana, Indore, Madhya Pradesh, India – 452001.