MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-06-0017083
Satvik Spirituals Private Limited - home & lifestyle in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹18.06 Cr
▲ 44% YoY
Net profit · FY 2024
₹45.8 Lakh
Net margin 2.5%
EBITDA · FY 2024
₹80.1 Lakh
EBITDA margin 4.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹45 Lakh
Secured borrowings
Company age
20 yrs
Est. 2006
Directors on board
2
As per MCA filings
About Satvik Spirituals Private Limited
Data last updated:
Satvik Spirituals Private Limited is a private limited company based in Delhi, India. It operates in the home furnishings and accessories retail segment of the home and lifestyle products sector. It was incorporated on 04 December 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51100DL2006PTC156180. Its GSTIN is 07AADCG2055M1ZJ (Delhi). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Korbax Biotech India Private Limited and Glamour Advertising Private Limited. It is led by directors Vinod Bansal and Anika Bansal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at House No 946/64 Ground Floor Lekhu Nagar Tri Nagar, Delhi, India – 110035.
As per the financials filed for FY 2024, the company reported a revenue of ₹18.06 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹45.8 Lakh (net margin 2.5%) and EBITDA of ₹80.1 Lakh (EBITDA margin 4.4%).
The company is associated with 2 brands: KarmicGyan and Satvik. As per MCA filings, the company has open charges of ₹45 Lakh on record.
Satvik Spirituals Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-06-0017083). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website craftsmanstore.in.
Company details
CIN U51100DL2006PTC156180
Registration Number 156180
Incorporation Date 04 December 2006
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-DL-06-0017083
Name history
Satvik Spirituals has undergone 6 name changes throughout its history. The current legal name is Satvik Spirituals Private Limited.
| Company Name | Status |
|---|---|
| Satvik Spirituals Private Limited | Current |
| Korbax Biotech India Private Limited | Previous |
| Glamour Advertising Private Limited | Previous |
| Tuebak Worldwide Private Limited | Previous |
| Avav Worldwide Private Limited | Previous |
| Avav India Private Limited | Previous |
CIN history
Satvik Spirituals has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U51100DL2006PTC156180, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51100DL2006PTC156180 | Current |
| U22222DL2006PTC156180 | Previous |
| U74110DL2006PTC156180 | Previous |
| U74999DL2006PTC156180 | Previous |
Key People
Vinod Bansal Director Anika Bansal Director Recognitions & Rankings of Satvik Spirituals
Contact details
Satvik Spirituals Private Limited's registered office is in Delhi, Delhi. Its website is craftsmanstore.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressHouse No 946/64 Ground Floor Lekhu Nagar Tri Nagar, Delhi, India – 110035
- IndustryHome & Lifestyle, Home Furnishings & Accessories Retail
To see the full contact details of Satvik Spirituals Private Limited, buy the company report.
Comprehensive company report
Satvik Spirituals Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Satvik Spirituals operates two associated brands: KarmicGyan and Satvik. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| An online store offering a wide range of spiritual products, including god idols, rudraksha, and pooja items. | karmicgyan.com | |
| Puja accessories, spiritual items, and online services are provided by Satvik in India. | satvikstore.in |
Business activity
The main business activity of Satvik Spirituals is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Satvik Spirituals Private Limited, buy the company report.
Financials of Satvik Spirituals Private Limited
FY 2024 filings availableSatvik Spirituals Private Limited reported revenue of ₹18.06 Cr (up 44% YoY) for FY 2024.
Revenue · FY 2024
₹18.06 Cr ▲ 44%
Net profit · FY 2024
₹45.8 Lakh margin 2.5%
EBITDA · FY 2024
₹80.1 Lakh margin 4.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 44%
EBITDA CAGR growth
1 year
▲ 60%
3 years · compounded
▲ 485%
Revenue rose 44% in the latest year. EBITDA rose 60% 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 |
|---|---|---|---|---|---|
| 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 | ₹80.1 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹45.8 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.4% | ||||
| Net Profit Margin | 2.5% | ||||
| 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 | |||||
To see the full financial statements and ratios of Satvik Spirituals Private Limited, buy the company report.
Board of directors of Satvik Spirituals Private Limited
Satvik Spirituals has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinod Bansal Also directs: Glantrix Solutions Private Limited | Director | 04 Dec 2006 | 19 Years 11 Months | Current |
| Anika Bansal | Director | 04 Dec 2006 | 19 Years 11 Months | Current |
Peer comparison
Satvik Spirituals Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Zaidi Export Private Limited | ₹18.06 Cr (FY 2025) | -20.0% | Hapur, Uttar Pradesh, India | |||
| Mrig Technologies Private Limited | ₹18.06 Cr (FY 2025) | -16.0% | Bangalore, Karnataka, India | |||
| Letstrak Tech Private Limited | ₹18.06 Cr (FY 2024) | -3.0% | Karnal, Haryana, India | |||
| Balaji Computech Private Limited | ₹18.06 Cr (FY 2025) | 3.0% | Raipur, Chhattisgarh, India | |||
| DVPS Private Limited | ₹18.06 Cr (FY 2025) | 42.0% | Hyderabad, Telangana, India | |||
| Satvik Spirituals Private Limitedthis company | ₹18.06 Cr (FY 2024) | ₹45.8 Lakh | 2.5% | 44.0% | Delhi, India | |
| Periwinkle Agencies Private Limited | ₹18.05 Cr (FY 2020) | 9.0% | Kolkata, West Bengal, India | |||
| Porto Spirits Private Limited | ₹18.05 Cr (FY 2024) | 151.0% | Margao, Goa, India | |||
| P P S. Steels India Private Limited | ₹18.05 Cr (FY 2025) | -19.0% | Coimbatore, Tamil Nadu, India | |||
| Creative Texchem India Private Limted | ₹18.05 Cr (FY 2024) | -13.0% | Erode, Tamil Nadu, India | |||
| Sangram Wheels Private Limited | ₹18.05 Cr (FY 2023) | 73.0% | Pandharpur, Maharashtra, India |
To see the full peer comparison of Satvik Spirituals Private Limited, buy the company report.
Auditor
Satvik Spirituals Private Limited is audited by SDSG & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SDSG & CO. | FY 2022 | 025049N |
Shareholding
The shareholding of Satvik Spirituals 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 Satvik Spirituals Private Limited, buy the company report.
Charges & borrowings
Open charges
₹45 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Apr 2024 | 100908856 | Others | ₹45 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Satvik Spirituals Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Satvik Spirituals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Satvik Spirituals has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCG2055M1ZJ | Delhi | Active | 01 Jul 2017 |
| 07AADCG2055M2ZI | Delhi | Active | 24 Mar 2023 |
| 06AADCG2055M1ZL | Haryana | Active | 12 Nov 2024 |
To see the full GST registrations and return filing status of Satvik Spirituals Private Limited, buy the company report.
Recent activity
Satvik Spirituals Private Limited has 3 board changes on record since 2006: 2 appointments and 1 cessation. The latest: Shiv Shankar Garg ceased to be Director on 10 Aug 2011.
AGM
Satvik Spirituals Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 45.00 Lakh with Charge ID 100908856 was registered on 09 Apr 2024.
Filing
Satvik Spirituals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Ceased
Shiv Shankar Garg ceased to be Director.
Appointed
Anika Bansal was appointed as Director.
Appointed
Vinod Bansal was appointed as Director.
Incorporation
04 Dec 2006
Satvik Spirituals Private Limited was registered on 04 Dec 2006 with Roc Delhi & aged 19 years 11 months as per MCA records.
Frequently asked questions
Satvik Spirituals is an active private limited company based in Delhi, India. The company works in home furnishings and accessories retail, within the home and lifestyle industry. It was incorporated on 04 December 2006 (20+ years old) and is registered under CIN U51100DL2006PTC156180.
Satvik Spirituals has 2 current directors:
- Vinod Bansal - Director
- Anika Bansal - Director
The latest financial statements of Satvik Spirituals on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Satvik Spirituals is 07AADCG2055M1ZJ, registered in Delhi. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 07AADCG2055M2ZI (Delhi), 06AADCG2055M1ZL (Haryana).
The CIN (Corporate Identification Number) of Satvik Spirituals is U51100DL2006PTC156180. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Satvik Spirituals was incorporated on 04 December 2006, making it 20+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Satvik Spirituals by revenue are Zaidi Export Private Limited, Mrig Technologies Private Limited, Letstrak Tech Private Limited, Balaji Computech Private Limited, DVPS Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Shiv Shankar Garg ceased to be Director on 10 Aug 2011. Anika Bansal was appointed as Director on 04 Dec 2006. Vinod Bansal was appointed as Director on 04 Dec 2006.
Yes, Satvik Spirituals is registered as a small enterprise under Udyam registration (number: UDYAM-DL-06-0017083).
Satvik Spirituals can be reached through the website craftsmanstore.in. Its registered office is in Delhi, India.
The registered office of Satvik Spirituals is at House No 94664 Ground Floor Lekhu Nagar Tri Nagar, Delhi, India – 110035.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages