Setco Engineering Private Limited

Manufactures clutch products since 1979, based in Mumbai, Maharashtra.

1979 | Mumbai, Maharashtra (India) | Active
Last Updated: December 25, 2024

Setco Engineering Profile

Key Indicators

  • Authorised Capital ₹ 165.00 Cr
  • Paid Up Capital ₹ 152.66 Cr
  • Company Age 45 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 717.44 Cr
  • Satisfied Charges ₹ 125.00 Cr
  • Revenue Growth -41.31%
  • Profit Growth 604.10%
  • Ebitda -74.73%
  • Net Worth 164.48%
  • Total Assets 18.65%

About Setco Engineering

Setco Engineering Private Limited (SEPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 December 1979 and has a history of 45 years and one month. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Setco Auto P Ltd. 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 2024. It's a company limited by shares with an authorized capital of Rs 165.00 Cr and a paid-up capital of Rs 152.66 Cr.

The company currently has active open charges totaling ₹717.44 Cr. The company has closed loans amounting to ₹125.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Setco Engineering Private Limited India is Mayuri Bhanushali as COMPANY SECRETARY. Harish Kiritbhai, Udit Sheth, and Sneha Sheth serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U54100MH1979PTC171127

  • Company No.

    171127

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Dec 1979

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Automotive

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

Executive Team (1)

Name Designation Appointment Date Status
Mayuri Bhanushali Company Secretary 01-Jan-2022 Current

Board Members (3)

Name Designation Appointment Date Status
Harish Kiritbhai Country flag representing In Director 21-Dec-1979 Current
Udit Sheth Country flag representing In Director 30-Jun-2008 Current
Sneha Sheth Country flag representing In Director 18-Mar-1983 Current

Financial Performance of Setco Engineering.

Setco Engineering Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 41.31% decrease. The company also saw a substantial improvement in profitability, with a 604.1% increase in profit. The company's net worth Soared by an impressive increase of 164.48%.

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
-41.31%
Revenue from Operations
-42.88%
Total Assets
18.65%
Profit or Loss
604.10%
Net Worth
164.48%
EBITDA
-74.73%

What is the Ownership and Shareholding Structure of Setco Engineering?

In 2022, Setco Engineering had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹717.44 Cr

Satisfied Charges

₹125.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 695.00 Cr
  • Gda Trusteeship Limited : 20.00 Cr
  • Bank Of Baroda : 2.44 Cr

Latest Charge Details

Date Lender Amount Status
19 Jul 2024 Others ₹20.00 Cr Open
14 Sep 2021 Others ₹350.00 Cr Open
14 Sep 2021 Others ₹215.00 Cr Open
17 Jun 2019 Others ₹85.00 Cr Open
21 Apr 2018 Others ₹25.00 Cr Open

How Many Employees Work at Setco Engineering?

Unlock and access historical data on people associated with Setco Engineering, 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 Engineering, 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 Engineering'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 Engineering

Recent activity within the organization

  • Annual General Meeting

    Setco Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100986945 was registered on 19 Jul 2024.

    19 Jul 2024

  • Balance Sheet

    Setco Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 350.00 Cr registered on 14 Sep 2021 with Charge ID 100493507 was modified on 20 Jan 2023.

    20 Jan 2023

  • Charges

    A charge with Others of Rs. 215.00 Cr registered on 14 Sep 2021 with Charge ID 100493807 was modified on 20 Jan 2023.

    20 Jan 2023

  • Charges

    A charge registered on 15 Nov 2016 via Charge ID 100074698 with Others was fully satisfied on 04 Feb 2022.

    04 Feb 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Setco Engineering Private Limited was incorporated on 21 Dec 1979.

  • The authorized share capital of Setco Engineering Private Limited is ₹ 165.00 Cr and paid-up capital is ₹ 152.66 Cr.

  • Currently 4 directors are associated with Setco Engineering Private Limited.

    • Mayuri Nanji Bhanushali
    • Harish Sheth Kiritbhai
    • Udit Harish Sheth
    • Sneha Harish Sheth
  • As per Ministry of Corporate Affairs (Mca), the registered address of Setco Engineering Private Limited is 54A Tardeo Road Near Film Centre, Road India, Mumbai, Maharashtra, 400034.

  • The corporate identification number (CIN) of Setco Engineering Private Limited is U54100MH1979PTC171127 and the company number is 171127 as per Ministry of Corporate Affairs (MCA).

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

  • According to the financial reports for the fiscal year 2022, the revenue trend for Setco Engineering Private Limited has fallen by -41.31%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Setco Engineering Private Limited has experienced an upsurge of 164.48%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Setco Engineering Private Limited amount to ₹ 717.44 Cr.

  • The most recent Balance Sheet for Setco Engineering Private Limited was filed with the ROC on 31 Mar 2024.