Setco Spindles India Private Limited, a active private limited company, was established on 28 August 2002 in Pune, Maharashtra, India. Engaging in industrial machinery manufacturing within the manufacturing sector, it holds CIN: U29299PN2002PTC017250. Registered under ROC Roc Pune. it is unlisted. It has an authorized capital of ₹1.50 M and a paid-up capital of ₹0.70 M.
Formerly known as Ultra Precision Spindles Private Limited. It upholds a compliant status. Employing 105 professional, Its leadership includes Rajesh Bhaskar Mandlik (Managing Director), Pradeep Devkaran Waghela (Managing Director), Michael Andrew Meade (Director). Past directors included Rajesh Bhaskar Mandlik, Pradeep Devkaran Waghela, Michael Andrew Meade. It holds no open charges and ₹9.85 M settled loans. Its latest AGM occurred on 19 September 2024, with the balance sheet filed on 31 March 2024. It is based at Shed No. 2, Sr. No. 14, Dhadge Industrial Estate Nanded, Pune, Maharashtra, 411041.
U29299PN2002PTC017250
017250
28 August 2002
₹1.50 M
₹0.70 M
Roc Pune
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rajesh Bhaskar Mandlik | Managing Director | 28 Aug 2002 | Current |
| Pradeep Devkaran Waghela | Managing Director | 28 Aug 2002 | Current |
| Michael Andrew Meade | Director | 20 Aug 2019 | Current |
| Scott Christopher Bubenhofer | Director | 18 Sep 2021 | Current |
| James Thomas Broz | Director | 14 Sep 2017 | Current |
| Brian Patrick Schloemer | Additional Director | 11 Oct 2024 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Director | 14 Jun 2012 | Past |
| Pramod Abcsdd | Director | 14 Jun 2012 | Past |
| Pramod Abcsdd | Additional Director | 20 Sep 2019 | Past |
| Pramod Abcsdd | Additional Director | 24 Sep 2021 | Past |
| Pramod Abcsdd | Additional Director | 28 Aug 2018 | Past |
| Pramod Abcsdd | Director | 14 Sep 2017 | Past |
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Setco Spindles India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 27.33% increase. The company also saw a substantial improvement in profitability, with a 41.9% increase in profit. The company's net worth Soared by an impressive increase of 16.66%.
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In 2023, Setco Spindles 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.
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₹0
₹9,854,000.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Mar 2012 | Saraswat Cooperative Bank Limited | ₹0.84 M | Satisfied |
| 21 Mar 2012 | Saraswat Cooperative Bank Limited | ₹0.84 M | Satisfied |
| 13 Nov 2009 | The Saraswat Co-Operative Bank Limited | ₹1.29 M | Satisfied |
| 15 Nov 2006 | The Saraswat Co-Operative Bank Ltd. | ₹2.00 M | Satisfied |
| 15 Nov 2006 | The Saraswat Co-Operative Bank Ltd. | ₹2.00 M | Satisfied |
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Setco Spindles India has a workforce of 105 employees as of Apr 07, 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.
Gain comprehensive insights into the Deals and Valuation data of Setco Spindles 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 Setco Spindles India's trajectory.
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Progress on Brian Patrick Schloemer was appointed as a Additional Director was appointed as a Additional Director on 11 Oct 2024 & has been associated with this company since 1 year 2 months . was documented.
Kiran Bhaskar Bhandare was appointed as a Additional Director was appointed as a Additional Director on 11 Oct 2024 & has been associated with this company since 1 year 2 months . was recorded as a recent event.
Progress on Setco Spindles India Private Limited last Annual general meeting of members was held on 19 Sep 2024 as per latest MCA records. was documented.
The activity Setco Spindles India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune. was completed.
The activity Scott Christopher Bubenhofer was appointed as a Director was appointed as a Director on 18 Sep 2021 & has been associated with this company since 4 years 3 months . was completed.
A charge registered on 21 Mar 2012 via Charge ID 10348284 with Saraswat Cooperative Bank Limited was fully satisfied on 24 Nov 2020. was recorded as a recent event.
The CIN of Setco Spindles India Private Limited is U29299PN2002PTC017250.
Setco Spindles India Private Limited is headquartered at Shed No. 2, Sr. No. 14, Dhadge Industrial Estate Nanded, Pune, Maharashtra, 411041.
Setco Spindles India Private Limited was incorporated on 28 August 2002.
The current directors of Setco Spindles India Private Limited are
The primary industry of Setco Spindles India Private Limited is Manufacturing.
Setco Spindles India Private Limited is unlisted.
The authorized capital of Setco Spindles India Private Limited is ₹1.50 M, and the paid-up capital is ₹0.70 M.
The compliance status of Setco Spindles India Private Limited is Compliant.
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