Satyatej Mercantile Private Limited
About Satyatej Mercantile Private Limited
Data last updated:
Satyatej Mercantile Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 23 May 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH2008PTC181785. Its GSTIN is 08AALCS9905Q1ZC (Rajasthan). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹6.75 Lakh. It is led by directors including Atal Chachan and Pramod Kumar Sagtani.
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 Unit No. 200 Ground Floor Plot. 192/198 Panjarapole Building, Premkumar Sharma Road Panjarapole Madhav Mumbai – 400004, Maharashtra, India – 400004.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.25 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹11.9 Lakh (net margin 2.3%) and EBITDA of ₹1.98 Cr (EBITDA margin 37.7%). Revenue has grown at a compounded annual rate (CAGR) of 145% over three years and 50% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹40.6 Cr on record. Court records list 10 cases involving the company, including 6 filed by the company and 4 filed against it; 7 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Satyatej Mercantile has one previous CIN (Corporate Identification Number): U51109MH2008PTC181785. The current CIN is U70100MH2008PTC181785, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70100MH2008PTC181785 | Current |
| U51109MH2008PTC181785 | Previous |
Contact details
Satyatej Mercantile Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressUnit No. 200 Ground Floor Plot. 192/198 Panjarapole Building, Premkumar Sharma Road Panjarapole Madhav Mumbai – 400004, Maharashtra, India – 400004
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Satyatej Mercantile 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 Satyatej Mercantile is construction. In detail, this covers construction of buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | 41 | Construction of buildings |
To see the full business activity and turnover split of Satyatej Mercantile Private Limited, buy the company report.
Financials of Satyatej Mercantile Private Limited
FY 2025 filings availableSatyatej Mercantile Private Limited reported revenue of ₹5.25 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 50% over five years, including 1% growth in the latest year. EBITDA rose 39% 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 | ₹1.98 Cr | ||||
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| Net Profit (PAT) | ₹11.9 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 37.7% | ||||
| Net Profit Margin | 2.3% | ||||
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To see the full financial statements and ratios of Satyatej Mercantile Private Limited, buy the company report.
Board of directors of Satyatej Mercantile Private Limited
Satyatej Mercantile has 4 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Atal Chachan Also directs: Sukhino Hotels & Resorts Private Limited, Shubh Lords Developers LLP, Nidhi Nikhil Buildtech Private Limited and 1 more | Director | 24 Nov 2022 | 3 Years 11 Months | Current |
| Pramod Kumar Sagtani | Director | 01 May 2023 | 3 Years 6 Months | Current |
| Pradeep Kumar Changoiwala | Director | 24 Nov 2022 | 3 Years 11 Months | Current |
| Nikhil Chachan | Additional Director | 23 Jan 2026 | 0 Years 9 Months | Current |
Auditor
Satyatej Mercantile Private Limited is audited by AJAY INDER LAL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AJAY INDER LAL & ASSOCIATES | FY 2023 | 009468C |
Shareholding
The shareholding of Satyatej Mercantile 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Satyatej Mercantile Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Aug 2021 | 100484341 | Others | ₹39.1 Cr | Satisfied | |
| 18 Sep 2009 | 10180821 | Excellent Co-Operative Bank Ltd | ₹1.5 Cr | Satisfied |
To see the full charge records of Satyatej Mercantile Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Satyatej Mercantile Private Limited has 10 court cases on record: 6 filed by Satyatej Mercantile, 4 filed against it. 7 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 3 | 7 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Rajasthan | Revision petition | Filed by the company against Ifci Limited and 1 other | Pending |
| District court, Alwar, Rajasthan | Civil miscellaneous application | Filed against the company by I.F.C.I. Ltd. | Disposed |
| High Court | Interim or miscellaneous application | Filed by the company against State of Rajasthan | Pending |
| High Court | Writ petition | Filed by the company against State of Rajasthan and 2 others | Pending |
| High Court | Court case (CCP) | Filed by the company against State of Rajasthan and 8 others | Pending |
To see the full case history of Satyatej Mercantile Private Limited, buy the company report.
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
No delayed payments to MSME suppliers are on our record for Satyatej Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Satyatej Mercantile Private Limited has a workforce of 2 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Satyatej Mercantile has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AALCS9905Q1ZC | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Satyatej Mercantile Private Limited, buy the company report.
Recent activity
Satyatej Mercantile Private Limited has 14 board changes on record since 2010: 5 appointments and 9 cessations. The latest: Nikhil Chachan was appointed as Additional Director on 23 Jan 2026.
10 earlier events are in the company report.
Frequently asked questions
Satyatej Mercantile is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 23 May 2008 (18+ years old) and is registered under CIN U70100MH2008PTC181785.
Satyatej Mercantile has 4 current directors:
- Atal Chachan - Director
- Pramod Kumar Sagtani - Director
- Pradeep Kumar Changoiwala - Director
- Nikhil Chachan - Additional Director
The latest financial statements of Satyatej Mercantile 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 Satyatej Mercantile is 08AALCS9905Q1ZC, registered in Rajasthan. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Satyatej Mercantile is U70100MH2008PTC181785. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Satyatej Mercantile has 10 court cases on record: 6 filed by the company and 4 filed against it. 7 are pending. Most are in the high courts.
Satyatej Mercantile was incorporated on 23 May 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Nikhil Chachan was appointed as Additional Director on 23 Jan 2026. Atal Chachan ceased to be Additional Director on 29 Sep 2023. Pradeep Kumar Changoiwala ceased to be Additional Director on 29 Sep 2023. Satyatej Mercantile has 14 board changes on record in total.
The registered office of Satyatej Mercantile is at Unit No. 200 Ground Floor Plot. 192198 Panjarapole Building, Premkumar Sharma Road Panjarapole Madhav Mumbai – 400004, Maharashtra, India – 400004.
Satyatej Mercantile operates in the real estate and construction industry, in the real estate builders and developers segment.
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