Seth Electricals Private Limited

Electrical trading company with diverse product portfolio including cables, switchgear, and more.

1988 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Seth Electricals Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.27 M
  • Company Age 36 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.64 M
  • Satisfied Charges ₹ 5.00 M
  • Revenue Growth 60.71%
  • Profit Growth 2104.07%
  • Ebitda -23.32%
  • Net Worth 28.66%
  • Total Assets -0.90%

About Seth Electricals

Seth Electricals Private Limited (SEPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 November 1988 and has a history of 36 years and four months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Consumer Electronics & Durables 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 1.00 M and a paid-up capital of Rs 0.27 M.

The company currently has active open charges totaling ₹5.64 M. The company has closed loans amounting to ₹5.00 M, as per Ministry of Corporate Affairs (MCA) records.

Ashwini Kumar and Ajay Seth serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sethelectricals.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29142TN1988PTC016427

  • Company No.

    016427

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Nov 1988

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Consumer Electronics & Durables

What products or services does Seth Electricals Private Limited offer?

Seth Electricals Private Limited offers a wide range of products and services, including Inverters, Solar Inverter, Solar Battery, Exide Solar Battery, Modular Switches, Legrand Modular Switches, Solar Panels, Polycrystalline Solar Panels, Solar Charge Controller, MPPT Solar Charge Controller.

Who are the key members and board of directors at Seth Electricals?

Board Members (2)

NameDesignationAppointment DateStatus
Ashwini Kumar Country flag representing In Director 03-Nov-1988Current
Ajay Seth Country flag representing In Director 20-Jun-2013Current

Financial Performance of Seth Electricals.

Seth Electricals Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 60.71% increase. The company also saw a substantial improvement in profitability, with a 2104.07% increase in profit. The company's net worth Soared by an impressive increase of 28.66%.

Seth Electricals revenue growth over time
Seth Electricals 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
60.71%
Revenue from Operations
56.27%
Total Assets
-0.90%
Profit or Loss
2104.07%
Net Worth
28.66%
EBITDA
-23.32%

What is the Ownership and Shareholding Structure of Seth Electricals?

In 2021, Seth Electricals had a public holding of 56.04%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.64 M

Satisfied Charges

₹5.00 M

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 0.47 Cr
  • Central Bank Of India : 0.09 Cr

Latest Charge Details

DateLenderAmountStatus
27 May 2005Standard Chartered Bank₹4.74 MOpen
16 Mar 1995Central Bank Of India₹0.90 MOpen
31 May 2010Citi Bank N.A.₹5.00 MSatisfied

How Many Employees Work at Seth Electricals?

Seth Electricals has a workforce of 2 employees as of Apr 04, 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.

Employee growth trends for Seth Electricals Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Seth Electricals, 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 Seth Electricals'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 Seth Electricals

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Seth Electricals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Charges

    A charge registered on 31 May 2010 via Charge ID 10285979 with Citi Bank N.A. was fully satisfied on 10 Oct 2013.

  • Director Appointment

    Ajay Seth was appointed as a Director was appointed as a Director on 20 Jun 2013 & has been associated with this company since 11 years 8 months .

  • Charges

    A charge with Citi Bank N.A. amounted to Rs. 5.00 M with Charge ID 10285979 was registered on 31 May 2010.

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 4.74 M with Charge ID 90282561 was registered on 27 May 2005.

Frequently asked questions

  • What is the Incorporation or founding date of Seth Electricals Private Limited?

    Seth Electricals Private Limited was incorporated on 03 Nov 1988.

  • What is authorized share capital and paid-up capital of Seth Electricals Private Limited?

    The authorized share capital of Seth Electricals Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.27 M.

  • Who are the current board members & directors of Seth Electricals Private Limited?

    Currently 2 directors are associated with Seth Electricals Private Limited.

    • Ashwini Seth Kumar
    • Ajay Seth

  • What is the registered address of Seth Electricals Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Seth Electricals Private Limited is No.118, Govindappa Naicken St. India, Madras-1., Tamil Nadu, 600001.

  • What is the corporate identification number (CIN) and company number of Seth Electricals Private Limited?

    The corporate identification number (CIN) of Seth Electricals Private Limited is U29142TN1988PTC016427 and the company number is 016427 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Seth Electricals Private Limited?

    The Official website of Seth Electricals Private Limited is https://www.sethelectricals.in

  • What has been the recent revenue trend for Seth Electricals Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Seth Electricals Private Limited has risen by 60.71%.

  • How many employees does Seth Electricals Private Limited currently have?

    As Per 2022 financial reports, 2 employees are currently employed by Seth Electricals Private Limited.

  • What change has been observed in the net worth of Seth Electricals Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Seth Electricals Private Limited has experienced an upsurge of 28.66%.

  • What are the total open charges for Seth Electricals Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Seth Electricals Private Limited amount to ₹ 5.64 M.

  • When was the last Balance Sheet of Seth Electricals Private Limited filed with the ROC?

    The most recent Balance Sheet for Seth Electricals Private Limited was filed with the ROC on 31 Mar 2024.

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