Setco Auto Systems Private Limited logo

Setco Auto Systems Private Limited

Manufactures clutches for medium and heavy commercial vehicles since 2010 in Gujarat.
2010 | Kalol, Gujarat (India) | Active

Last Updated:

July 16, 2024
HomeCompanySetco Auto Systems Private Limited

Who are the key members and board of directors at Setco Auto Systems?

Executive Team (4)

NameDesignationAppointment DateStatus
Harish Kiritbhai InManaging Director30-Oct-2010Current
Sunil Gupta InCEO19-Apr-2024Current
Hirenkumar Vala InCompany Secretary31-Aug-2021Current
Mr Singh InCFOCurrent

Board Members(5)

NameDesignationAppointment DateStatus
Mrinal Chandran In Additional Director 21-Mar-2024Current
Arun Arora In Director 20-Sep-2021Current
Pravin Shah In Director 20-Sep-2021Current
Udit Sheth In Whole-Time Director 30-Oct-2010Current
Shitij Kale In Nominee Director 17-Oct-2022Current

Financial Performance and Corporate Structure Insights of Setco Auto Systems.

Setco Auto Systems Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 81.4% increase. The company also saw a substantial fall in profitability, with a 20.98% decrease in profit. The company's net worth observed a substantial decline by a decrease of 82.42%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
81.40%
Revenue from Operations
81.25%
Total Assets
-18.20%
Profit or Loss
-20.98%
Net Worth
-82.42%
EBITDA
153.08%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹565.00 Cr

LenderAmountStatus

Others

Creation Date: 08 Sep 2021
₹350.00 CrOpen

Others

Creation Date: 08 Sep 2021
₹215.00 CrOpen

How Many Employees Work at Setco Auto Systems?

Setco Auto Systems has a workforce of 859 employees as of Mar 21, 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.

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Latest Updates, News, and FAQs on Setco Auto Systems

Recent activity within the organization

  • Director Appointment

    Sunil Gupta was appointed as a Ceo was appointed as a Ceo on 19 Apr 2024 & has been associated with this company since 8 months .

    19 Apr 2024

  • Director Appointment

    Mrinal Chandran was appointed as a Additional Director was appointed as a Additional Director on 21 Mar 2024 & has been associated with this company since 8 months 29 days .

    21 Mar 2024

  • Annual General Meeting

    Setco Auto Systems Private Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.

    27 Sep 2023

  • Balance Sheet

    Setco Auto Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 350.00 Cr registered on 08 Sep 2021 with Charge ID 100493032 was modified on 21 Mar 2023.

    21 Mar 2023

  • Charges

    A charge with Others of Rs. 215.00 Cr registered on 08 Sep 2021 with Charge ID 100493033 was modified on 21 Mar 2023.

    21 Mar 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Setco Auto Systems Private Limited was incorporated on 30 Oct 2010.

  • The authorized share capital of Setco Auto Systems Private Limited is ₹ 7.10 Cr and paid-up capital is ₹ 8.74 M.

  • Currently 9 directors are associated with Setco Auto Systems Private Limited.

    • Pravin Nagindas Shah
    • Arun Arora
    • Udit Harish Sheth
    • Harish Sheth Kiritbhai
    • Mrinal Chandran
    • Shitij Ramesh Kale
    • Sunil Gupta
    • Hirenkumar Popatbhai Vala
    • Mr Kuldeep Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Setco Auto Systems Private Limited is Baroda Godhra Highway Kalol (Panchmahal), Gujarat, India, 389330.

  • The corporate identification number (CIN) of Setco Auto Systems Private Limited is U35100GJ2010PTC062770 and the company number is 062770 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Setco Auto Systems Private Limited is https://www.setcoauto.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Setco Auto Systems Private Limited has risen by 81.40%.

  • As Per 2023 financial reports, 859 employees are currently employed by Setco Auto Systems Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Setco Auto Systems Private Limited has experienced an downturn of -82.42%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Setco Auto Systems Private Limited amount to ₹ 565.00 Cr.

  • The most recent Balance Sheet for Setco Auto Systems Private Limited was filed with the ROC on 31 Mar 2023.

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