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

Setco Auto Systems Profile

Key Indicators

  • Authorised Capital ₹ 7.10 Cr
  • Paid Up Capital ₹ 8.74 M
  • Company Age 14 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 565.00 Cr
  • Revenue Growth 81.40%
  • Profit Growth -20.98%
  • Ebitda 153.08%
  • Net Worth -82.42%
  • Total Assets -18.20%

About Setco Auto Systems

Setco Auto Systems Private Limited (SASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 October 2010 and has a history of 14 years and three months. Its registered office is in Kalol, Gujarat, India.

The Corporate was formerly known as Transstadia Sport Sciences Private Limited. The Company is engaged in the Automotive 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 7.10 Cr and a paid-up capital of Rs 8.74 M.

The company currently has active open charges totaling ₹565.00 Cr.

The Key Managerial Personnel (KMP) at Setco Auto Systems Private Limited India are Sunil Gupta as Ceo, Hirenkumar Vala as Company Secretary, and Mr Singh as Cfo. Pravin Shah, Arun Arora, Udit Sheth, and Three other members serve as directors at the Company.

Company Details

  • Location

    Kalol, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    setcoauto.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U35100GJ2010PTC062770

  • Company No.

    062770

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Oct 2010

  • Date of AGM

    27 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Automotive

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

Executive Team (4)

NameDesignationAppointment DateStatus
Harish Kiritbhai Country flag representing In Managing Director30-Oct-2010Current
Sunil Gupta Country flag representing In CEO19-Apr-2024Current
Hirenkumar Vala Country flag representing In Company Secretary31-Aug-2021Current
Mr Singh Country flag representing In CFOCurrent

Board Members (5)

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

Financial Performance 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%.

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
81.40%
Revenue from Operations
81.25%
Total Assets
-18.20%
Profit or Loss
-20.98%
Net Worth
-82.42%
EBITDA
153.08%

What is the Ownership and Shareholding Structure of Setco Auto Systems?

In 2023, Setco Auto Systems had a promoter holding of 81.25% and a public holding of 18.75%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹565.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 565.00 Cr

Latest Charge Details

DateLenderAmountStatus
08 Sep 2021Others₹350.00 CrOpen
08 Sep 2021Others₹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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Setco Auto Systems, 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 Setco Auto Systems'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 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 10 months 2 days .

    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 11 months 1 day .

    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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