Satwik Electric Controls Private Limited

Satwik Electric Controls Private Limited - machinery and equipment in Nashik, Maharashtra, India. Directors, charges & compliance details.
CIN U31200MH1978PTC020868 Incorporated 22 December 1978 ROC Mumbai HQ Nashik, Maharashtra, India
Under Liquidation Private Limited Company machinery and equipment
Data last updated
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹19.11 Lakh
Issued & subscribed
Open charges
₹4.5 Cr
Secured borrowings
Company age
48 yrs
Est. 1978
Directors on board
2
As per MCA filings
GST registrations
1
None active
Last financials
Mar 2011
Balance sheet date
Last AGM
30 Sep 2011
Annual general meeting

About Satwik Electric Controls Private Limited

Data last updated:

Satwik Electric Controls Private Limited is a private limited company based in Nashik, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the hydraulic machinery and equipment segment of the machinery and industrial equipment sector. It was incorporated on 22 December 1978.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31200MH1978PTC020868. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹19.11 Lakh. It is led by directors Vaibhav Govind Malsane and Shivaji Raghunath Bhosale.

Its last annual general meeting (AGM) was held on 30 September 2011, and its latest financial statements are for the year ended 31 March 2011. The registered office is at Nashik, Maharashtra.

As per MCA filings, the company has open charges of ₹4.5 Cr on record. Court records list 13 cases involving the company, including 2 filed by the company and 11 filed against it; 5 cases are pending.

Company Details of Satwik Electric Controls Private Limited
CIN U31200MH1978PTC020868
Registration Number 020868
Incorporation Date 22 December 1978
ROC Mumbai
Listing Status Unlisted
Company Status Under Liquidation
Date of Last AGM 30 September 2011
Date of Balance Sheet 31 March 2011
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Madhav Smruti Plot Nos.E – 12 E – 13 MIDC Industrial Area Satpur Nasik 422, 007, Nashik, Maharashtra, India
  • Industry
    Machinery and Equipment, Hydraulic Machinery & Equipment
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Financials, compliance, directors, charges, ownership and filings for Satwik Electric Controls Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Financials of Satwik Electric Controls Private Limited FY 2011 filings available

Financial Statement Summary of Satwik Electric Controls Private Limited

MetricsFY 2010-11
Profit and Loss Statement
Revenue from Operations••••
Other Income••••
Total Revenue••••
Cost of Materials Consumed••••
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Other Expenses••••
Total Expenses••••
EBITDA••••
Profit Before Tax••••
Tax Expense••••
Net Profit (PAT)••••
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 Satwik Electric Controls Private Limited

MetricsFY 2010-11
Profitability
EBITDA Margin••••
Net Profit Margin••••
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 Satwik Electric Controls are in the company report.

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Financial statements from 2015

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Board of Directors of Satwik Electric Controls Private Limited

Satwik Electric Controls has 2 directors on record. No former directors are listed.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Vaibhav Govind MalsaneDirector08 Dec 200322 Years 10 MonthsAs last reported
Shivaji Raghunath BhosaleDirector08 Dec 200322 Years 10 MonthsAs last reported

Charges & Borrowings of Satwik Electric Controls Private Limited

Open charges
₹4.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Bank of Maharashtra₹3.25 Cr
City Co Operative Credit & Capital Ltd.₹1.25 Cr
The Thane Janata Co- Op. Bank Ltd.₹0.00 Cr
Latest charge details
DateLenderAmountStatus
16 Nov 2004City Co Operative Credit & Capital Ltd.₹1.25 CrOpen
24 Apr 1997Bank of Maharashtra₹65 LakhOpen
25 May 1992Bank of Maharashtra₹2.21 CrOpen
25 Mar 1989Bank of Maharashtra₹20 LakhOpen
23 Mar 1989Bank of Maharashtra₹10 LakhOpen

Total charge records: 11 View all charges

Employees and EPFO Compliance at Satwik Electric Controls Private Limited

Employment history and EPFO contributions of people linked to Satwik Electric Controls.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Satwik Electric Controls Private Limited

Satwik Electric Controls Private Limited has 2 board changes on record since 2003: 2 appointments. The latest: Shivaji Raghunath Bhosale was appointed as Director on 08 Dec 2003.

AGM
Satwik Electric Controls Private Limited last Annual general meeting of members was held on 30 Sep 2011 as per latest MCA records.
Filing
Satwik Electric Controls Private Limited has filed its annual Financial statements for the year ended 31 Mar 2011 with Roc Mumbai.
Charges
A charge with City Co Operative Credit & Capital Ltd. amounted to Rs. 125.00 Lakh with Charge ID 10530431 was registered on 16 Nov 2004.
Appointed
Shivaji Raghunath Bhosale was appointed as Director.
Appointed
Vaibhav Govind Malsane was appointed as Director.
Charges
A charge with Bank Of Maharashtra amounted to Rs. 65.00 Lakh with Charge ID 90373774 was registered on 24 Apr 1997.
Charges
A charge with Bank Of Maharashtra amounted to Rs. 221.00 Lakh with Charge ID 90373564 was registered on 25 May 1992.
Charges
A charge with Bank Of Maharashtra of Rs. 20.00 Lakh registered on 25 Mar 1989 with Charge ID 90373447 was modified on 24 Mar 1992.
Charges
A charge with Bank Of Maharashtra amounted to Rs. 20.00 Lakh with Charge ID 90373447 was registered on 25 Mar 1989.
Charges
A charge with Bank Of Maharashtra amounted to Rs. 10.00 Lakh with Charge ID 90373446 was registered on 23 Mar 1989.
Charges
A charge with Bank Of Maharashtra amounted to Rs. 0.47 Lakh with Charge ID 90373352 was registered on 31 Jul 1987.
Charges
A charge with The Thane Janata Co- Op. Bank Ltd. amounted to Rs. 0.40 Lakh with Charge ID 90373347 was registered on 17 Jul 1987.

5 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Satwik Electric Controls Private Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Satwik Electric Controls Private Limited

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MSME payment history

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Subsidiaries & Group Companies of Satwik Electric Controls Private Limited

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Corporate group structure

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GST Compliance of Satwik Electric Controls Private Limited

Satwik Electric Controls has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1
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GST registrations and filing compliance

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MCA Filings & Documents of Satwik Electric Controls Private Limited

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MCA filings and documents

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Frequently Asked Questions about Satwik Electric Controls Private Limited

Satwik Electric Controls is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.

Satwik Electric Controls is a company under liquidation, formerly operating as a private limited company based in Nashik, Maharashtra, India. The company works in hydraulic machinery and equipment, within the machinery and equipment industry. It was incorporated on 22 December 1978 and is registered under CIN U31200MH1978PTC020868. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Satwik Electric Controls has 2 current directors:

The CIN (Corporate Identification Number) of Satwik Electric Controls is U31200MH1978PTC020868. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Satwik Electric Controls has open charges of ₹4.5 Cr and no satisfied charges on record as per latest MCA filings.

Satwik Electric Controls has 13 court cases on record: 2 filed by the company and 11 filed against it. 5 are pending.

Satwik Electric Controls was incorporated on 22 December 1978. It is registered with the Registrar of Companies, Mumbai.

Shivaji Raghunath Bhosale was appointed as Director on 08 Dec 2003. Vaibhav Govind Malsane was appointed as Director on 08 Dec 2003.

The registered office of Satwik Electric Controls is at Madhav Smruti Plot Nos.E – 12 E – 13 MIDC Industrial Area Satpur Nasik 422, 007, Nashik, Maharashtra, India.

Satwik Electric Controls has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹19.11 Lakh.

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