About Satyam Spinners Pvt Ltd
Data last updated:
Satyam Spinners Pvt Ltd is a private limited company based in Madhya Pradesh, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 25 May 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U72112MP1990PTC005851. Its GSTIN is 23AAFCS5957G1Z7 (Madhya Pradesh). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.17 Cr. It is led by directors Chetan Kumar Agrawal and Gurupreet Singh Chhabra.
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 A.B. Road Sandhwa Dist. Barwani, Madhya Pradesh, India – 451666.
As per the financials filed for FY 2025, the company reported a revenue of ₹418.09 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹26.5 Lakh (net margin 0.1%) and EBITDA of ₹8.81 Cr (EBITDA margin 2.1%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 8% over five years.
The company has about 41 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹61.3 Cr and satisfied charges of ₹50.2 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹89.6 Lakh; the latest was in September 2023. Its 10 peer companies in the Manufacturing industry (Textiles) are compared by revenue, 5 larger and 5 smaller; the largest is Eastman Spinning Mills Private Limited with revenue of ₹432.73 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 2 overdue payments to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website satyamspinners.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressA.B. Road Sandhwa Dist. Barwani, Madhya Pradesh, India – 451666
- IndustryManufacturing, Textile & Fabric Production
- 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
- One PDF report, delivered after checkout
Business Activity of Satyam Spinners Pvt Ltd
The main business activity of Satyam Spinners is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Satyam Spinners Pvt Ltd FY 2024 filings available
Satyam Spinners Pvt Ltd reported revenue of ₹418.09 Cr (up 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Satyam Spinners Pvt Ltd
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 17% growth in the latest year. EBITDA fell 33% 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 of Satyam Spinners Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹8.81 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹26.5 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 Satyam Spinners Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.1% | •••• | •••• | •••• | •••• |
| 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 Satyam Spinners are in the company report.
Financial statements from 2015
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.
Peer Comparison of Satyam Spinners Pvt Ltd
Satyam Spinners Pvt Ltd is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Eastman Spinning Mills Private Limited | ₹432.73 Cr (FY 2022) | •••• | •••• | 83.0% | •••• | Tirupur, Tamil Nadu, India |
| Flexituff Technology International Limited | ₹427.4 Cr (FY 2025) | •••• | •••• | •••• | Dhar, Madhya Pradesh, India | |
| Shiva Texfabs Limited | ₹424.27 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Ludhiana, Punjab, India |
| Rudra Ecospin Recyclers Limited | ₹422.37 Cr (FY 2024) | •••• | •••• | -18.0% | •••• | Ludhiana, Punjab, India |
| Swaraj Suiting Limited | ₹418.36 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Bhilwara, Rajasthan, India |
| Satyam Spinners Pvt Ltd this company | ₹418.09 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Madhya Pradesh, India |
| Partap Spintex Private Limited | ₹416.46 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Ambala, Haryana, India |
| Gurdeep Singh and Sons Private Limited | ₹416.11 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Amritsar, Punjab, India |
| SRG Apparels Limited | ₹415.04 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | Tirupur, Tamil Nadu, India |
| Shrivallabh Pittie South West Industries Limited | ₹412.83 Cr (FY 2022) | •••• | •••• | -22.0% | •••• | Mumbai, Maharashtra, India |
| J K Investors(Bombay) Limited | ₹411.68 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Satyam Spinners by revenue in the Manufacturing industry (Textiles), 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 Satyam Spinners Pvt Ltd
Satyam Spinners Pvt Ltd is audited by Prakash Wohra & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Prakash Wohra & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Satyam Spinners Pvt Ltd
Satyam Spinners 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 |
|---|---|---|---|---|
| Chetan Kumar Agrawal | Director | 25 May 1990 | 36 Years 4 Months | Current |
| Gurupreet Singh Chhabra Also directs: Purpleroof Homes LLP, SH Cotex LLP, Mahesh Agro Processing (India ) Private Limited and 2 more | Director | 01 Nov 2024 | 1 Years 11 Months | Current |
Ownership and Shareholding of Satyam Spinners Pvt Ltd
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 Satyam Spinners Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Nov 2022 | Hdfc Bank Limited | ₹55.3 Cr | Open |
| 29 Nov 2022 | Hdfc Bank Limited | ₹5.67 Cr | Open |
| 30 Jun 2021 | Others | ₹26 Lakh | Open |
| 17 Mar 2015 | Sundaram Finance Limited | ₹7 Lakh | Open |
| 30 Dec 2021 | Others | ₹2.8 Cr | Satisfied |
Total charge records: 19 View all charges
Deals & Funding of Satyam Spinners Pvt Ltd
Satyam Spinners Pvt Ltd has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹89.6 Lakh; the latest was in September 2023.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2023 | Secondary share transfer | Undisclosed | Buyer: Dinesh T Patni(Huf), 3 individuals Seller: 4 individuals |
| Feb 2020 | Funding round | ₹25.8 Lakh | Investors: 2 individuals |
| Mar 2015 | Funding round | ₹63.8 Lakh | Investors: Bhikulal Girdharilal Huf, 3 individuals |
Full deal history
All 3 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Satyam Spinners Pvt Ltd
Satyam Spinners Pvt Ltd has 2 court cases on record: 2 filed against it. All cases are pending. Status as checked between 30 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mah State Cooperative Appellat, Maharashtra | Civil suit | Filed against the company by Shetkari Mahila Sahkari Vastranirman Soot Girni Ltd | Pending |
| District court, Gwalior, Madhya Pradesh | Court case (RCT) | Filed against the company by Company Registrar | Pending |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Satyam Spinners Pvt Ltd
Satyam Spinners Pvt Ltd has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 2 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Mantram Technofab Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Satyam Spinners Pvt Ltd
Satyam Spinners Pvt Ltd has a workforce of 41 employees as of Mar 20, 2025.
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.
Recent Activity on Satyam Spinners Pvt Ltd
Satyam Spinners Pvt Ltd has 5 board changes on record since 1990: 2 appointments and 3 cessations. The latest: Bhupendra Singh Rajpal ceased to be Director on 01 Nov 2024.
41 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Satyam Spinners Pvt Ltd
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.
Subsidiaries & Group Companies of Satyam Spinners Pvt Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Satyam Spinners Pvt Ltd
Satyam Spinners has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAFCS5957G1Z7 | Madhya Pradesh | Active | 01 Jul 2017 |
| 27AAFCS5957G1ZZ | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Satyam Spinners Pvt Ltd
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Satyam Spinners Pvt Ltd
Satyam Spinners is an active private limited company based in Madhya Pradesh, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 25 May 1990 (36+ years old) and is registered under CIN U72112MP1990PTC005851.
Satyam Spinners reported revenue of ₹418.09 Cr for FY 2025 (up 17% YoY).
Satyam Spinners has 2 current directors:
- Chetan Kumar Agrawal - Director
- Gurupreet Singh Chhabra - Director
Satyam Spinners reported a net profit of ₹26.5 Lakh (net margin 0.1%) and EBITDA of ₹8.81 Cr (EBITDA margin 2.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Satyam Spinners is -4% over three years and 8% over five years. In the latest year (FY 2025) revenue rose 17%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Satyam Spinners is 23AAFCS5957G1Z7, 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 27AAFCS5957G1ZZ (Maharashtra).
The CIN (Corporate Identification Number) of Satyam Spinners is U72112MP1990PTC005851. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Satyam Spinners has 2 court cases on record: 2 filed against it. 2 are pending.
Satyam Spinners was incorporated on 25 May 1990, making it 36+ years old. It is registered with the Registrar of Companies, Gwalior.
Satyam Spinners has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹89.6 Lakh; the latest was in September 2023.
The peers of Satyam Spinners by revenue are Eastman Spinning Mills Private Limited, Flexituff Technology International Limited, Shiva Texfabs Limited, Rudra Ecospin Recyclers Limited, Swaraj Suiting Limited and 5 more, all in the Manufacturing industry (Textiles).
Bhupendra Singh Rajpal ceased to be Director on 01 Nov 2024. Gurupreet Singh Chhabra was appointed as Director on 01 Nov 2024. Dinesh Tilokchand Patni ceased to be Director on 01 Apr 2014. Satyam Spinners has 5 board changes on record in total.