Seco Tools India Private Limited

Manufacturer and trader of metal cutting tools for various industries with ISO certifications.

1996 | Pune, Maharashtra (India) | Active
Last Updated: November 16, 2024

Seco Tools India Profile

Key Indicators

  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 4.50 Cr
  • Company Age 28 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 0.50 M
  • Revenue Growth 6.93%
  • Profit Growth 12.09%
  • Ebitda 7.28%
  • Net Worth 7.88%
  • Total Assets 4.91%

About Seco Tools India

Seco Tools India Private Limited (STIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 May 1996 and has a history of 28 years and eight months. Its registered office is in Pune, Maharashtra, India.

The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 30.00 Cr and a paid-up capital of Rs 4.50 Cr.

The company has closed loans amounting to ₹0.50 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Umakant Ghate, Oksana Wade, Sambantham T, and Two other members serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    secotools.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U28932PN1996PTC016924

  • Company No.

    016924

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 May 1996

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Machinery and Equipment

What products or services does Seco Tools India Private Limited offer?

Seco Tools India Private Limited offers a wide range of products and services, including Drilling & Boring Equipment, Boring Tools, Cutting Tools & Milling Cutter, Cutting Tool Inserts, Machining Job Work, Sheet Metal Turning, Boring Head, Drilling Equipment, Turning Inserts, Carbide Milling Cutters.

Who are the key members and board of directors at Seco Tools India?

Executive Team (1)

NameDesignationAppointment DateStatus
Umakant Ghate Country flag representing In Managing Director30-Oct-2017Current

Board Members (4)

NameDesignationAppointment DateStatus
Oksana Wade Country flag representing Us Additional Director 19-Apr-2024Current
Sambantham T Country flag representing Sg Director 11-Jul-2022Current
Kjell Eriksson Country flag representing Se Additional Director 19-Apr-2024Current
Christian Morandini Country flag representing Fr Director 20-Feb-2023Current

Financial Performance of Seco Tools India.

Seco Tools India Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.93% increase. The company also saw a substantial improvement in profitability, with a 12.09% increase in profit. The company's net worth moved up by a moderate rise of 7.88%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
6.93%
Revenue from Operations
6.77%
Total Assets
4.91%
Profit or Loss
12.09%
Net Worth
7.88%
EBITDA
7.28%

What is the Ownership and Shareholding Structure of Seco Tools India?

In 2022, Seco Tools India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹0.05 Cr

Charges Breakdown by Lending Institutions

  • The Zoroastrian Co-Op. Bank Ltd. : 0.05 Cr

Latest Charge Details

DateLenderAmountStatus
10 Oct 1997The Zoroastrian Co-Op. Bank Ltd.₹0.50 MSatisfied

How Many Employees Work at Seco Tools India?

Seco Tools India has a workforce of 592 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Seco Tools India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Seco Tools India's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Seco Tools India

Recent activity within the organization

  • Director Appointment

    Oksana Anatolyevna Wade was appointed as a Additional Director was appointed as a Additional Director on 19 Apr 2024 & has been associated with this company since 10 months 2 days .

    19 Apr 2024

  • Director Appointment

    Kjell Daniel Eriksson was appointed as a Additional Director was appointed as a Additional Director on 19 Apr 2024 & has been associated with this company since 10 months 2 days .

    19 Apr 2024

  • Annual General Meeting

    Seco Tools India Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Charges

    A charge registered on 10 Oct 1997 via Charge ID 90084716 with The Zoroastrian Co-Op. Bank Ltd. was fully satisfied on 09 May 2023.

    09 May 2023

  • Balance Sheet

    Seco Tools India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Director Appointment

    Christian Morandini was appointed as a Director was appointed as a Director on 20 Feb 2023 & has been associated with this company since 2 years .

    20 Feb 2023

Frequently asked questions

  • Seco Tools India Private Limited was incorporated on 27 May 1996.

  • The authorized share capital of Seco Tools India Private Limited is ₹ 30.00 Cr and paid-up capital is ₹ 4.50 Cr.

  • Currently 5 directors are associated with Seco Tools India Private Limited.

    • Umakant Kashinath Ghate
    • Oksana Anatolyevna Wade
    • Sambantham T
    • Kjell Daniel Eriksson
    • Christian Morandini
  • As per Ministry of Corporate Affairs (Mca), the registered address of Seco Tools India Private Limited is Gat No. 582 Nagar Road Koregaon Bhima Tal-Shirur, . India, Pune, Maharashtra, 412216.

  • The corporate identification number (CIN) of Seco Tools India Private Limited is U28932PN1996PTC016924 and the company number is 016924 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Seco Tools India Private Limited is https://www.secotools.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Seco Tools India Private Limited has risen by 6.93%.

  • As Per 2023 financial reports, 592 employees are currently employed by Seco Tools India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Seco Tools India Private Limited has experienced an upsurge of 7.88%.

  • The most recent Balance Sheet for Seco Tools India Private Limited was filed with the ROC on 31 Mar 2023.

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