Seth Electrodes Pvt Ltd

Manufactures a variety of welding electrodes for different types of metals.

1985 | Khurai, Madhya Pradesh (India) | Active
Last Updated: July 30, 2024

Seth Electrodes Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 2.41 Cr
  • Company Age 39 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 2.14 Cr
  • Revenue Growth -74.24%
  • Profit Growth -88.83%
  • Ebitda -90.81%
  • Net Worth 1.32%
  • Total Assets -2.21%

About Seth Electrodes

Seth Electrodes Pvt Ltd (SEPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 November 1985 and has a history of 39 years and two months. Its registered office is in Khurai, Madhya Pradesh, 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 2.50 Cr and a paid-up capital of Rs 2.41 Cr.

The company has closed loans amounting to ₹2.14 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Pannaben Bhatt and Hitesh Joshi serve as directors at the Company.

Company Details

  • Location

    Khurai, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sethelectrodes.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U03210MP1985PTC003154

  • Company No.

    003154

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Nov 1985

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Manufacturing

What products or services does Seth Electrodes Pvt Ltd offer?

Seth Electrodes Pvt Ltd offers a wide range of products and services, including Metal and Alloy Wires, Welding Wires, Welding, Rods, Electrodes & Wires, Welding Electrodes.

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

Board Members (2)

NameDesignationAppointment DateStatus
Pannaben Bhatt Additional Director 29-Dec-2023Current
Hitesh Joshi Additional Director 29-Dec-2023Current

Financial Performance of Seth Electrodes.

Seth Electrodes Pvt Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 74.24% decrease. The company also saw a substantial fall in profitability, with a 88.83% decrease in profit. The company's net worth moved up by a moderate rise of 1.32%.

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
-74.24%
Revenue from Operations
-74.47%
Total Assets
-2.21%
Profit or Loss
-88.83%
Net Worth
1.32%
EBITDA
-90.81%

What is the Ownership and Shareholding Structure of Seth Electrodes?

In 2023, Seth Electrodes had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹2.14 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 1.25 Cr
  • Central Bank Of India : 0.80 Cr
  • Madhya Pradesh Financial Corporation : 0.10 Cr

Latest Charge Details

DateLenderAmountStatus
20 Mar 2009State Bank Of India₹2.50 MSatisfied
12 Jan 2008State Bank Of India₹1.00 CrSatisfied
03 Mar 2005Central Bank Of India₹5.00 MSatisfied
03 Dec 1993Central Bank Of India₹2.00 MSatisfied
19 Jan 1987Central Bank Of India₹0.95 MSatisfied

How Many Employees Work at Seth Electrodes?

Seth Electrodes has a workforce of 4 employees as of Apr 05, 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 Seth Electrodes, 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 Electrodes'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 Electrodes

Recent activity within the organization

  • Director Appointment

    Pannaben Dilipkumar Bhatt was appointed as a Additional Director was appointed as a Additional Director on 29 Dec 2023 & has been associated with this company since 1 year 1 month .

    29 Dec 2023

  • Director Appointment

    Hitesh Mukundrai Joshi was appointed as a Additional Director was appointed as a Additional Director on 29 Dec 2023 & has been associated with this company since 1 year 1 month .

    29 Dec 2023

  • Annual General Meeting

    Seth Electrodes Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Seth Electrodes Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Gwalior.

    31 Mar 2023

  • Charges

    A charge registered on 20 Mar 2009 via Charge ID 10154950 with State Bank Of India was fully satisfied on 05 Jul 2013.

    05 Jul 2013

  • Charges

    A charge registered on 12 Jan 2008 via Charge ID 10086269 with State Bank Of India was fully satisfied on 05 Jul 2013.

    05 Jul 2013

Frequently asked questions

  • Seth Electrodes Pvt Ltd was incorporated on 25 Nov 1985.

  • The authorized share capital of Seth Electrodes Pvt Ltd is ₹ 2.50 Cr and paid-up capital is ₹ 2.41 Cr.

  • Currently 2 directors are associated with Seth Electrodes Pvt Ltd.

    • Pannaben Dilipkumar Bhatt
    • Hitesh Mukundrai Joshi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Seth Electrodes Pvt Ltd is 1/3 Simarai Ghat, Khurai, Madhya Pradesh, India, 470117.

  • The corporate identification number (CIN) of Seth Electrodes Pvt Ltd is U03210MP1985PTC003154 and the company number is 003154 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Seth Electrodes Pvt Ltd is https://www.sethelectrodes.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Seth Electrodes Pvt Ltd has fallen by -74.24%.

  • As Per 2023 financial reports, 4 employees are currently employed by Seth Electrodes Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Seth Electrodes Pvt Ltd has experienced an upsurge of 1.32%.

  • The most recent Balance Sheet for Seth Electrodes Pvt Ltd was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Cable & Wire