MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-20-0032953
Satyay Technocast Private Limited - manufacturing in Rajkot, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹109.28 Cr
▼ 10% YoY
Net profit · FY 2025
₹8.73 Cr
Net margin 8%
EBITDA · FY 2025
₹15.13 Cr
EBITDA margin 13.8%
Authorised capital
₹60 Lakh
Registered with MCA
Paid-up capital
₹49.94 Lakh
Issued & subscribed
Open charges
₹16.42 Cr
Secured borrowings
Company age
21 yrs
Est. 2005
Employees · EPFO
283
Provident fund records
About Satyay Technocast Private Limited
Data last updated:
Satyay Technocast Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 07 November 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27100GJ2005PTC047027. Its GSTIN is 24AAJCS5102P1Z5 (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹49.94 Lakh. It is led by directors including Nilesh Dhirubhai Mangrolia and Padmakumar Puthenparampil Ramapanicker.
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 Plot No. 2781 GIDC Almightygate Nr. Almighty Agro Product Road No. I/2 Metoda 360 021, Rajkot, Gujarat, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹109.28 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹8.73 Cr (net margin 8%) and EBITDA of ₹15.13 Cr (EBITDA margin 13.8%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 12% over five years.
The company has about 283 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Satyay Technocast. As per MCA filings, the company has open charges of ₹16.42 Cr on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹40.9 Lakh; the latest was in July 2024. Its 9 peer companies in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products) are compared by revenue, 5 larger and 4 smaller; the largest is Sarita Forgings Limited with revenue of ₹112 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 31 overdue payments to 11 micro and small suppliers.
Satyay Technocast Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0032953). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website satyaytechnocast.com.
Company details
CIN U27100GJ2005PTC047027
Registration Number 047027
Incorporation Date 07 November 2005
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-20-0032953
Key People
Nilesh Dhirubhai Mangrolia Director Padmakumar Puthenparampil Ramapanicker Director Yatin Himatlal Mangrolia Director Recognitions & Rankings of Satyay Technocast
Contact details
Satyay Technocast Private Limited's registered office is in Rajkot, Gujarat. Its website is satyaytechnocast.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 2781 GIDC Almightygate Nr. Almighty Agro Product Road No. I/2 Metoda 360 021, Rajkot, Gujarat, India
- IndustryManufacturing, Die Casting & Metal Forming
To see the full contact details of Satyay Technocast Private Limited, buy the company report.
Comprehensive company report
Satyay Technocast Private Limited - one report that includes everything
- 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
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Brands
Satyay Technocast operates one associated brand: Satyay Technocast. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Investment casting for ferrous and non-ferrous parts in industrial manufacturing. | satyaytechnocast.com |
Business activity
The main business activity of Satyay Technocast is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Satyay Technocast Private Limited, buy the company report.
Financials of Satyay Technocast Private Limited
FY 2024 filings availableSatyay Technocast Private Limited reported revenue of ₹109.28 Cr (down 10% YoY) for FY 2025.
Revenue · FY 2025
₹109.28 Cr ▼ 10%
Net profit · FY 2025
₹8.73 Cr margin 8%
EBITDA · FY 2025
₹15.13 Cr margin 13.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 10%
3 years · compounded
▲ 13%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▼ 17%
3 years · compounded
▲ 51%
5 years · compounded
▲ 18%
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA fell 17% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹15.13 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.73 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.8% | ||||
| Net Profit Margin | 8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Satyay Technocast Private Limited, buy the company report.
Board of directors of Satyay Technocast Private Limited
Satyay Technocast has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nilesh Dhirubhai Mangrolia Also directs: Zenya Engineering LLP | Director | 07 Nov 2005 | 20 Years 11 Months | Current |
| Padmakumar Puthenparampil Ramapanicker | Director | 10 Jul 2013 | 13 Years 3 Months | Current |
| Yatin Himatlal Mangrolia | Director | 21 Feb 2015 | 11 Years 8 Months | Current |
| Kaushal Nathabhai Sagpariya | Director | 01 Jul 2024 | 2 Years 3 Months | Current |
| Sanjaybhai Mavjibhai Sagpariya | Director | 01 Jul 2024 | 2 Years 3 Months | Current |
Peer comparison
Satyay Technocast Private Limited is compared with the 9 companies closest to it by revenue in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sarita Forgings Limited | ₹112 Cr (FY 2025) | 0.0% | New Delhi, Delhi, India | |||
| Bakgiyam Engineering Private Limited | ₹111.93 Cr (FY 2025) | -1.0% | Coimbatore, Tamil Nadu, India | |||
| Gujarat Alloys Cast Private Limited | ₹111.56 Cr (FY 2025) | 3.0% | Rajkot, Gujarat, India | |||
| Altruistic Metal Private Limited | ₹111.46 Cr (FY 2025) | 46.0% | Faridabad, Haryana, India | |||
| Diva Ravi Agro & Founders Private Limited | ₹110.54 Cr (FY 2025) | 7.0% | Kolkata, West Bengal, India | |||
| Satyay Technocast Private Limitedthis company | ₹109.28 Cr (FY 2025) | ₹8.73 Cr | 8% | -10.0% | 283 | Rajkot, Gujarat, India |
| Varun Metacraft Private Limited | ₹108.25 Cr (FY 2025) | 6.0% | Rajkot, Gujarat, India | |||
| Sonar Casting Limited | ₹107.6 Cr (FY 2025) | 49.0% | Lucknow, Uttar Pradesh, India | |||
| Precision Autocastings Private Limited | ₹106.78 Cr (FY 2025) | 19.0% | Jaipur, Rajasthan, India | |||
| Aqua Alloys Pvt Ltd | ₹106.68 Cr (FY 2025) | 6.0% | Kolhapur, Maharashtra, India |
To see the full peer comparison of Satyay Technocast Private Limited, buy the company report.
Auditor
Satyay Technocast Private Limited is audited by RANPURA DESAI & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RANPURA DESAI & Co. | FY 2023 | 117476W |
Shareholding
The shareholding of Satyay Technocast 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 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Satyay Technocast Private Limited, buy the company report.
Charges & borrowings
Open charges
₹16.42 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Aug 2023 | 100784198 | The South Indian Bank Limited | ₹3 Cr | Open | |
| 18 May 2019 | 100263396 | Axis Bank Limited | ₹15.13 Lakh | Open | |
| 22 Mar 2006 | 80032836 | Others | ₹12.27 Cr | Open | |
| 09 Mar 2006 | 80032835 | Central Bank of India | ₹1 Cr | Open |
To see the full charge records of Satyay Technocast Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Satyay Technocast Private Limited has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹40.9 Lakh; the latest was in July 2024.
Total deals
7
Secondary share transfers
5
Funding rounds
2
Disclosed funding
₹40.9 Lakh
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2024 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Dec 2023 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Oct 2022 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| Nov 2018 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Satyay Technocast Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Satyay Technocast Private Limited has 1 court case on record: 1 filed by Satyay Technocast. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Satyay Technocast 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.
Credit ratings & regulatory alerts
Satyay Technocast Private Limited was last rated by Crisil on 29 Jan 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 29 Jan 2021 |
To see the full credit ratings and regulatory alerts of Satyay Technocast Private Limited, buy the company report.
MSME payment delays
Satyay Technocast Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 31 overdue payments to 11 micro and small suppliers. 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 (5 of 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Robin Precision Products Private Limited | |||
| Aaditya Industrial Products | |||
| Startech Engineering | |||
| an individual supplier | |||
| Dkic Private Limited |
To see the full MSME payment records of Satyay Technocast Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Satyay Technocast Private Limited has a workforce of 283 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
283
Active EPFO establishments
1
Employee growth
-10.73%
GST
Satyay Technocast has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCS5102P1Z5 | Gujarat | Active | 01 Jul 2017 |
| 24AAJCS5102P1DE | Gujarat | Active | 13 Nov 2024 |
To see the full GST registrations and return filing status of Satyay Technocast Private Limited, buy the company report.
Recent activity
Satyay Technocast Private Limited has 7 board changes on record since 2005: 5 appointments and 2 cessations. The latest: Kaushal Nathabhai Sagpariya was appointed as Director on 01 Jul 2024.
Charges
A charge with Others of Rs. 1,227.14 Lakh registered on 22 Mar 2006 with Charge ID 80032836 was modified on 13 Jun 2025.
AGM
Satyay Technocast Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Appointed
Kaushal Nathabhai Sagpariya was appointed as Director.
Appointed
Sanjaybhai Mavjibhai Sagpariya was appointed as Director.
Ceased
Himatbhai Manjibhai Mangrolia ceased to be Director.
Ceased
Nathabhai Nanjibhai Sagpariya ceased to be Director.
Filing
Satyay Technocast Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 300.00 Lakh with Charge ID 100784198 was registered on 28 Aug 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 15.13 Lakh with Charge ID 100263396 was registered on 18 May 2019.
Appointed
Yatin Himatlal Mangrolia was appointed as Director.
Appointed
Padmakumar Puthenparampil Ramapanicker was appointed as Director.
Charges
A charge with Others amounted to Rs. 1,227.14 Lakh with Charge ID 80032836 was registered on 22 Mar 2006.
3 earlier events are in the company report.
Frequently asked questions
Satyay Technocast is an active private limited company based in Rajkot, Gujarat, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 07 November 2005 (21+ years old) and is registered under CIN U27100GJ2005PTC047027.
Satyay Technocast has 5 current directors:
- Nilesh Dhirubhai Mangrolia - Director
- Padmakumar Puthenparampil Ramapanicker - Director
- Yatin Himatlal Mangrolia - Director
- Kaushal Nathabhai Sagpariya - Director
- Sanjaybhai Mavjibhai Sagpariya - Director
The latest financial statements of Satyay Technocast on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Satyay Technocast is 24AAJCS5102P1Z5, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAJCS5102P1DE (Gujarat).
The CIN (Corporate Identification Number) of Satyay Technocast is U27100GJ2005PTC047027. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Satyay Technocast has 1 court case on record: 1 filed by the company.
Satyay Technocast was incorporated on 07 November 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Satyay Technocast has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹40.9 Lakh; the latest was in July 2024.
The peers of Satyay Technocast by revenue are Sarita Forgings Limited, Bakgiyam Engineering Private Limited, Gujarat Alloys Cast Private Limited, Altruistic Metal Private Limited, Diva Ravi Agro & Founders Private Limited and 4 more, all in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products).
Kaushal Nathabhai Sagpariya was appointed as Director on 01 Jul 2024. Sanjaybhai Mavjibhai Sagpariya was appointed as Director on 01 Jul 2024. Himatbhai Manjibhai Mangrolia ceased to be Director on 31 May 2024. Satyay Technocast has 7 board changes on record in total.
Yes, Satyay Technocast is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-20-0032953).
Satyay Technocast has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 31 overdue payments to 11 micro and small suppliers. The latest return was filed on 11 Jul 2019.