- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MP-20-0003428

About Satyam Solutions Limited
Data last updated:
Satyam Solutions Limited is a public limited company based in Gwalior, Madhya Pradesh, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 16 June 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U74999MP1984PLC002486. Its GSTIN is 23AABCK0612L1ZY (Madhya Pradesh). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹7.47 Cr. It was formerly known as Satyam Biofuel Limited and Kunal Industrial Finance Company Ltd. It is led by directors including Saurabh Garg and Sharad Garg.
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 M – 7 Laxmipuram Transport Nagar, Gwalior, Madhya Pradesh, India – 474010.
As per the financials filed for FY 2025, the company reported a revenue of ₹196.51 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹1.02 Cr (net margin 0.5%) and EBITDA of ₹5.06 Cr (EBITDA margin 2.6%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 12% over five years.
The company has about 35 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Satyam Solutions. As per MCA filings, the company has open charges of ₹50.13 Cr and satisfied charges of ₹40.46 Cr on record.
Satyam Solutions Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-20-0003428). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website satyamsolutions.co.in.
Company details
Name history
Satyam Solutions has undergone 2 name changes throughout its history. The company was previously known as Satyam Biofuel Limited, and Kunal Industrial Finance Company Ltd. The current legal name is Satyam Solutions Limited.
| Company Name | Status |
|---|---|
| Satyam Solutions Limited | Current |
| Satyam Biofuel Limited | Previous |
| Kunal Industrial Finance Company Ltd | Previous |
CIN history
Satyam Solutions has one previous CIN (Corporate Identification Number): U67120MP1984PLC002486. The current CIN is U74999MP1984PLC002486, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999MP1984PLC002486 | Current |
| U67120MP1984PLC002486 | Previous |
Recognitions & Rankings of Satyam Solutions
Contact details
Satyam Solutions Limited's registered office is in Gwalior, Madhya Pradesh. Its website is satyamsolutions.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressM – 7 Laxmipuram Transport Nagar, Gwalior, Madhya Pradesh, India – 474010
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Satyam Solutions 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
Brands
Satyam Solutions operates one associated brand: Satyam Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IT services, software development, and business solutions in Gwalior. | satyamsolutions.co.in |
Business activity
The main business activities of Satyam Solutions are trade and construction. In detail, this covers retail trading and buildings. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | |
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Satyam Solutions Limited, buy the company report.
Financials of Satyam Solutions Limited
FY 2025 filings availableSatyam Solutions Limited reported revenue of ₹196.51 Cr (down 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA fell 3% 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 | ₹5.06 Cr | ||||
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| Net Profit (PAT) | ₹1.02 Cr | ||||
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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 | 2.6% | ||||
| Net Profit Margin | 0.5% | ||||
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To see the full financial statements and ratios of Satyam Solutions Limited, buy the company report.
Board of directors of Satyam Solutions Limited
Satyam Solutions has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saurabh Garg | Director | 29 Jun 2021 | 5 Years 3 Months | Current |
| Sharad Garg Also directs: Seven Trees Infratech Private Limited, Y J Automobiles Private Limited, Goho Progressive Home Developers LLP and 5 more | Director | 04 Nov 2011 | 14 Years 11 Months | Current |
| Subhash Chandra Garga | Director | 16 Jun 1984 | 42 Years 4 Months | Current |
Peer comparison
Satyam Solutions Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cococart Ventures Limited | ₹197.21 Cr (FY 2025) | 24.0% | Mumbai, Maharashtra, India | |||
| Kandla Motors Private Limited | ₹197.04 Cr (FY 2025) | -11.0% | Vadodara, Gujarat, India | |||
| Pebco Motors Ltd | ₹196.86 Cr (FY 2025) | -2.0% | Kolkata, West Bengal, India | |||
| K N R Automobiles Private Limited | ₹196.86 Cr (FY 2025) | 20.0% | Kolkata, West Bengal, India | |||
| Rathi Motors (Shujalpur) Private Limited | ₹196.83 Cr (FY 2025) | 14.0% | Shujalpur, Madhya Pradesh, India | |||
| Satyam Solutions Limitedthis company | ₹196.51 Cr (FY 2025) | ₹1.02 Cr | 0.5% | -12.0% | 35 | Gwalior, Madhya Pradesh, India |
| Bismi Hypermart Limited | ₹195.89 Cr (FY 2025) | 65.0% | Mumbai, Maharashtra, India | |||
| Shri Ram Mahender Kishore International Private Limited | ₹195.67 Cr (FY 2025) | 27.0% | Delhi, India | |||
| Saga Lifesciences Limited | ₹195.51 Cr (FY 2025) | 6.0% | Ahmedabad, Gujarat, India | |||
| Malik Auto Zone Private Limited | ₹195.41 Cr (FY 2024) | 12.0% | Hyderabad, Telangana, India | |||
| Zippin Pharma Private Limited | ₹194.99 Cr (FY 2025) | 0.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Satyam Solutions Limited, buy the company report.
Auditor
Satyam Solutions Limited is audited by Gupta Deepak & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Gupta Deepak & Associates | FY 2023 | 006625C |
Shareholding
The shareholding of Satyam Solutions 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 Satyam Solutions Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Mar 2023 | 100681730 | Others | ₹1.43 Cr | Open | |
| 23 Jun 2022 | 100593219 | Others | ₹12 Cr | Open | |
| 06 Jul 2020 | 100347253 | Others | ₹2.6 Cr | Open | |
| 24 Jun 2020 | 100347246 | Others | ₹1.1 Cr | Open | |
| 16 Jan 2020 | 100321663 | Others | ₹12 Cr | Open |
To see the full charge records of Satyam Solutions Limited, buy the company report.
Total charge records: 14 View all charges
Legal cases
No court or tribunal cases involving Satyam Solutions Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Satyam Solutions Limited was last rated by Brickwork on 07 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 07 Mar 2022 |
To see the full credit ratings and regulatory alerts of Satyam Solutions Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Satyam Solutions Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Satyam Solutions Limited has a workforce of 35 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Satyam Solutions has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AABCK0612L1ZY | Madhya Pradesh | Active | 01 Jul 2017 |
| 08AABCK0612L1ZQ | Rajasthan | Active | 07 Aug 2018 |
To see the full GST registrations and return filing status of Satyam Solutions Limited, buy the company report.
Recent activity
Satyam Solutions Limited has 9 board changes on record since 1984: 3 appointments and 6 cessations. The latest: Saurabh Garg ceased to be Additional Director on 30 Nov 2021.
29 earlier events are in the company report.
Frequently asked questions
Satyam Solutions is an active public limited company based in Gwalior, Madhya Pradesh, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 16 June 1984 (42+ years old) and is registered under CIN U74999MP1984PLC002486.
Satyam Solutions has 3 current directors:
- Saurabh Garg - Director
- Sharad Garg - Director
- Subhash Chandra Garga - Director
The latest financial statements of Satyam Solutions 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 Satyam Solutions is 23AABCK0612L1ZY, registered in Madhya Pradesh. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 08AABCK0612L1ZQ (Rajasthan).
The CIN (Corporate Identification Number) of Satyam Solutions is U74999MP1984PLC002486. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Satyam Solutions was incorporated on 16 June 1984, making it 42+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Satyam Solutions by revenue are Cococart Ventures Limited, Kandla Motors Private Limited, Pebco Motors Ltd, K N R Automobiles Private Limited, Rathi Motors (Shujalpur) Private Limited and 5 more, all in the same principal business activity (retail trading).
Saurabh Garg ceased to be Additional Director on 30 Nov 2021. Saurabh Garg was appointed as Director on 29 Jun 2021. Veena Garg ceased to be Director on 29 Jun 2021. Satyam Solutions has 9 board changes on record in total.
Yes, Satyam Solutions is registered as a medium enterprise under Udyam registration (number: UDYAM-MP-20-0003428).
Satyam Solutions can be reached through the website satyamsolutions.co.in. Its registered office is in Gwalior, Madhya Pradesh, India.
The registered office of Satyam Solutions is at M – 7 Laxmipuram Transport Nagar, Gwalior, Madhya Pradesh, India – 474010.