Setco Chemicals (India) Private Limted

Manufacturer and trader of printing inks, resins, paints, and adhesives.

1985 | Mumbai, Maharashtra (India) | Active
Last Updated: October 23, 2024

Setco Chemicals (India) Limted Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 39 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 61.18 Cr
  • Satisfied Charges ₹ 64.52 Cr
  • Revenue Growth 3.43%
  • Profit Growth 181.77%
  • Ebitda 947.07%
  • Net Worth 5.41%
  • Total Assets -2.00%

About Setco Chemicals (India) Limted

Setco Chemicals (India) Private Limted (SCIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 June 1985 and has a history of 39 years and seven months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Manufacturing 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 2.00 Cr and a paid-up capital of Rs 2.00 Cr.

The company currently has active open charges totaling ₹61.18 Cr. The company has closed loans amounting to ₹64.52 Cr, as per Ministry of Corporate Affairs (MCA) records.

Yogesh Solanki, Rekha Solanki, Vanaja Nair, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U26933MH1985PTC036470

  • Company No.

    036470

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Jun 1985

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Setco Chemicals (India) Private Limted offer?

Setco Chemicals (India) Private Limted offers a wide range of products and services, including Roof Ventilators, Air Ventilators.

Who are the key members and board of directors at Setco Chemicals (India) Limted?

Board Members (4)

Name Designation Appointment Date Status
Yogesh Solanki Country flag representing In Director 01-May-1998 Current
Rekha Solanki Country flag representing In Director 01-Dec-2000 Current
Vanaja Nair Country flag representing In Director 02-Jul-2016 Current
Reshma Solanki Country flag representing In Director 13-Aug-2021 Current

Financial Performance of Setco Chemicals (India) Limted.

Setco Chemicals (India) Private Limted, for the financial year ended 2023, experienced modest growth in revenue, with a 3.43% increase. The company also saw a substantial improvement in profitability, with a 181.77% increase in profit. The company's net worth moved up by a moderate rise of 5.41%.

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
3.43%
Revenue from Operations
10.03%
Total Assets
-2.00%
Profit or Loss
181.77%
Net Worth
5.41%
EBITDA
947.07%

What is the Ownership and Shareholding Structure of Setco Chemicals (India) Limted?

In 2023, Setco Chemicals (India) Limted had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹61.18 Cr

Satisfied Charges

₹64.52 Cr

Charges Breakdown by Lending Institutions

  • Others : 60.78 Cr
  • Hdfc Bank Limited : 0.38 Cr
  • Canara Bank : 0.02 Cr

Latest Charge Details

Date Lender Amount Status
04 Jul 2024 Others ₹4.00 M Open
13 Dec 2023 Others ₹1.53 M Open
13 Dec 2023 Others ₹1.53 M Open
14 Oct 2022 Others ₹9.00 Cr Open
03 Sep 2022 Others ₹9.00 Cr Open

How Many Employees Work at Setco Chemicals (India) Limted?

Unlock and access historical data on people associated with Setco Chemicals (India) Limted, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Setco Chemicals (India) Limted, 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 Chemicals (India) Limted'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 Chemicals (India) Limted

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 0.40 Cr with Charge ID 100967518 was registered on 04 Jul 2024.

    04 Jul 2024

  • Charges

    A charge with Others amounted to Rs. 0.15 Cr with Charge ID 100889163 was registered on 13 Dec 2023.

    13 Dec 2023

  • Charges

    A charge with Others amounted to Rs. 0.15 Cr with Charge ID 100889563 was registered on 13 Dec 2023.

    13 Dec 2023

  • Annual General Meeting

    Setco Chemicals (India) Private Limted last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Setco Chemicals (India) Private Limted has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 9.00 Cr with Charge ID 100623253 was registered on 14 Oct 2022.

    14 Oct 2022

Frequently asked questions

  • Setco Chemicals (India) Private Limted was incorporated on 03 Jun 1985.

  • The authorized share capital of Setco Chemicals (India) Private Limted is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Currently 4 directors are associated with Setco Chemicals (India) Private Limted.

    • Yogesh Hariprasad Solanki
    • Rekha Yogesh Solanki
    • Vanaja Anil Nair
    • Reshma Yogesh Solanki
  • As per Ministry of Corporate Affairs (Mca), the registered address of Setco Chemicals (India) Private Limted is B/24 Basement Floor Bombay Market Apartments Co-Operative Society Ltd, Tardeo Main Ro Ad India, Mumbai, Maharashtra, 400034.

  • The corporate identification number (CIN) of Setco Chemicals (India) Private Limted is U26933MH1985PTC036470 and the company number is 036470 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Setco Chemicals (India) Private Limted is https://www.setcochemicals.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Setco Chemicals (India) Private Limted has risen by 3.43%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Setco Chemicals (India) Private Limted has experienced an upsurge of 5.41%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Setco Chemicals (India) Private Limted amount to ₹ 61.18 Cr.

  • The most recent Balance Sheet for Setco Chemicals (India) Private Limted was filed with the ROC on 31 Mar 2023.

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