About Satya Cottex Private Limited
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Satya Cottex Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 25 March 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17291GJ1987PTC009523. Its GSTIN is 24AAACV6456G1ZB (Gujarat).
The company has an authorised share capital of ₹25.55 Lakh and a paid-up capital of ₹25.55 Lakh. It was formerly known as Viral Makers Limited and Viral Makers Private Limited. It is led by directors Naresh Biharilal Shah and Vatsal Naresh Shah.
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 302 3rd Eye – 2 Opp. Parimal Garden Panchwati Ellies Bridge, Ahmedabad, Gujarat, India – 380006.
As per the financials filed for FY 2025, the company reported a revenue of ₹26.76 Lakh, a decline of 40% compared to the previous year. For the same year it recorded a net profit of ₹3,999 (net margin 0.1%) and EBITDA of ₹45,573 (EBITDA margin 1.7%). Revenue has declined at a compounded annual rate (CAGR) of 48% over three years and 46% over five years.
As per MCA filings, the company has open charges of ₹1 Lakh and satisfied charges of ₹2.75 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website viralmakers.com.
Company details
Name history
Satya Cottex has undergone 2 name changes throughout its history. The company was previously known as Viral Makers Limited, and Viral Makers Private Limited. The current legal name is Satya Cottex Private Limited.
| Company Name | Status |
|---|---|
| Satya Cottex Private Limited | Current |
| Viral Makers Limited | Previous |
| Viral Makers Private Limited | Previous |
CIN history
Satya Cottex has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U17291GJ1987PTC009523, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17291GJ1987PTC009523 | Current |
| U74210GJ1987PTC009523 | Previous |
| U74210GJ1987PLC009523 | Previous |
Contact details
Satya Cottex Private Limited's registered office is in Ahmedabad, Gujarat. Its website is viralmakers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address302 3rd Eye – 2 Opp. Parimal Garden Panchwati Ellies Bridge, Ahmedabad, Gujarat, India – 380006
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Satya Cottex 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 Satya Cottex 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 Satya Cottex Private Limited, buy the company report.
Financials of Satya Cottex Private Limited
FY 2025 filings availableSatya Cottex Private Limited reported revenue of ₹26.76 Lakh (down 40% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 46% over five years, including a 40% fall in the latest year. EBITDA fell 15% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹45,573 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3,999 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.7% | ||||
| Net Profit Margin | 0.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Satya Cottex Private Limited, buy the company report.
Board of directors of Satya Cottex Private Limited
Satya Cottex has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naresh Biharilal Shah | Director | 25 Mar 1987 | 39 Years 7 Months | Current |
| Vatsal Naresh Shah | Director | 27 Mar 2015 | 11 Years 7 Months | Current |
Peer comparison
Satya Cottex Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with 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 |
|---|---|---|---|---|---|---|
| Premsagar Traders Private Limited | ₹26.98 Lakh (FY 2025) | 39.0% | Kolkata, West Bengal, India | |||
| Bhavika Securities Private Limited | ₹26.96 Lakh (FY 2023) | 11.0% | Ludhiana, Punjab, India | |||
| Satya Cottex Private Limitedthis company | ₹26.76 Lakh (FY 2025) | ₹3,999 | 0.1% | -40.0% | Ahmedabad, Gujarat, India | |
| Rakhi Creation & Studio Private Limited | ₹26.75 Lakh (FY 2023) | Noida, Uttar Pradesh, India |
To see the full peer comparison of Satya Cottex Private Limited, buy the company report.
Auditor
Satya Cottex Private Limited is audited by JEEVAN JAGETIYA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JEEVAN JAGETIYA & CO | FY 2023 | 121335W |
Shareholding
The shareholding of Satya Cottex Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Satya Cottex Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Mar 1992 | 90112101 | Development Co Operative Bank Ltd | ₹40,000 | Open | |
| 09 Feb 1989 | 90111098 | Oriental Bankf of Commerce | ₹60,000 | Open | |
| 10 Aug 2018 | 100196667 | Hdfc Bank Limited | ₹2.75 Cr | Satisfied |
To see the full charge records of Satya Cottex Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Satya Cottex 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 Satya Cottex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Satya Cottex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACV6456G1ZB | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Satya Cottex Private Limited, buy the company report.
Recent activity
Satya Cottex Private Limited has 8 board changes on record since 1987: 5 appointments and 3 cessations. The latest: Nishant Virendra Shah ceased to be Director on 10 Mar 2019.
3 earlier events are in the company report.
Frequently asked questions
Satya Cottex is an active private limited company based in Ahmedabad, Gujarat, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 25 March 1987 (39+ years old) and is registered under CIN U17291GJ1987PTC009523.
Satya Cottex has 2 current directors:
- Naresh Biharilal Shah - Director
- Vatsal Naresh Shah - Director
The latest financial statements of Satya Cottex on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Satya Cottex is 24AAACV6456G1ZB, registered in Gujarat.
The CIN (Corporate Identification Number) of Satya Cottex is U17291GJ1987PTC009523. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Satya Cottex was incorporated on 25 March 1987, making it 39+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Satya Cottex by revenue are Premsagar Traders Private Limited, Bhavika Securities Private Limited, Rakhi Creation & Studio Private Limited, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Nishant Virendra Shah ceased to be Director on 10 Mar 2019. Virendra Biharilal Shah ceased to be Director on 10 Mar 2019. Nishant Virendra Shah was appointed as Director on 03 Jul 2018. Satya Cottex has 8 board changes on record in total.
Satya Cottex can be reached through the website viralmakers.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Satya Cottex is at 302 3rd Eye – 2 Opp. Parimal Garden Panchwati Ellies Bridge, Ahmedabad, Gujarat, India – 380006.
Satya Cottex operates in the home and lifestyle industry, in the textile retail and distribution segment.
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