Sethi Agritech Private Limited

Agricultural company processing and marketing seeds with 200 tonne daily capacity. Founded in 2009.

2009 | Indore, Madhya Pradesh (India) | Active
Last Updated:

Sethi Agritech Profile

Key Indicators

  • Authorised Capital ₹ 6.50 M
  • Paid Up Capital ₹ 5.83 M
  • Company Age 15 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 18.53 Cr
  • Satisfied Charges ₹ 12.50 Cr
  • Revenue Growth 2.26%
  • Profit Growth -2687.54%
  • Ebitda -452.11%
  • Net Worth -194.88%
  • Total Assets -53.63%

About Sethi Agritech

Sethi Agritech Private Limited (SAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 September 2009 and has a history of 15 years and five months. Its registered office is in Indore, Madhya Pradesh, India.

The Company is engaged in the Agriculture 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 6.50 M and a paid-up capital of Rs 5.83 M.

The company currently has active open charges totaling ₹18.53 Cr. The company has closed loans amounting to ₹12.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vijay Miglani, Asha Sethi, Kamlesh Sethi, and One other member serve as directors at the Company.

Company Details

  • Location

    Indore, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U01112MP2009PTC022392

  • Company No.

    022392

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Sep 2009

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Agriculture

Who are the key members and board of directors at Sethi Agritech?

Board Members (4)

NameDesignationAppointment DateStatus
Vijay Miglani Country flag representing In Director 29-May-2024Current
Asha Sethi Country flag representing In Director 17-Sep-2009Current
Kamlesh Sethi Country flag representing In Director 02-Jul-2012Current
Rashita Kasliwal Country flag representing In Director 18-Sep-2021Current

Financial Performance of Sethi Agritech.

Sethi Agritech Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.26% increase. The company also saw a substantial fall in profitability, with a 2687.54% decrease in profit. The company's net worth observed a substantial decline by a decrease of 194.88%.

Sethi Agritech revenue growth over time
Sethi Agritech 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
2.26%
Revenue from Operations
2.21%
Total Assets
-53.63%
Profit or Loss
-2687.54%
Net Worth
-194.88%
EBITDA
-452.11%

What is the Ownership and Shareholding Structure of Sethi Agritech?

In 2023, Sethi Agritech had a promoter holding of 91.76% and a public holding of 8.23%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹185.27 M

Satisfied Charges

₹125.05 M

Charges Breakdown by Lending Institutions

  • Others : 18.53 Cr

Latest Charge Details

DateLenderAmountStatus
27 Feb 2023Others₹0.50 MOpen
08 Aug 2017Others₹1.37 MOpen
27 Feb 2017Others₹18.34 CrOpen
15 Mar 2022Others₹6.00 CrSatisfied
30 Jun 2017Others₹1.50 CrSatisfied

How Many Employees Work at Sethi Agritech?

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

Employee growth trends for Sethi Agritech Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sethi Agritech, 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 Sethi Agritech'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 Sethi Agritech

Recent activity within the organization

  • Director Appointment

    Vijay Miglani was appointed as a Director was appointed as a Director on 29 May 2024 & has been associated with this company since 9 months 5 days .

  • Annual General Meeting

    Sethi Agritech Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Sethi Agritech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Gwalior.

  • Charges

    A charge with Others amounted to Rs. 0.50 M with Charge ID 100696090 was registered on 27 Feb 2023.

  • Charges

    A charge registered on 15 Mar 2022 via Charge ID 100547418 with Others was fully satisfied on 04 Feb 2023.

  • Charges

    A charge with Others of Rs. 183.40 M registered on 27 Feb 2017 with Charge ID 100088371 was modified on 03 Jun 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Sethi Agritech Private Limited?

    Sethi Agritech Private Limited was incorporated on 17 Sep 2009.

  • What is authorized share capital and paid-up capital of Sethi Agritech Private Limited?

    The authorized share capital of Sethi Agritech Private Limited is ₹ 6.50 M and paid-up capital is ₹ 5.83 M.

  • Who are the current board members & directors of Sethi Agritech Private Limited?

    Currently 4 directors are associated with Sethi Agritech Private Limited.

    • Vijay Miglani
    • Asha Sethi
    • Kamlesh Kumar Sethi
    • Rashita Kasliwal

  • What is the registered address of Sethi Agritech Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sethi Agritech Private Limited is 19 Nemi Nagar Extension, R.T.O. Road India, Indore, Madhya Pradesh, 452009.

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

    The corporate identification number (CIN) of Sethi Agritech Private Limited is U01112MP2009PTC022392 and the company number is 022392 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Sethi Agritech Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Sethi Agritech Private Limited has risen by 2.26%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Sethi Agritech Private Limited has experienced an downturn of -194.88%.

  • What are the total open charges for Sethi Agritech Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Sethi Agritech Private Limited amount to ₹ 18.53 Cr.

  • When was the last Balance Sheet of Sethi Agritech Private Limited filed with the ROC?

    The most recent Balance Sheet for Sethi Agritech Private Limited was filed with the ROC on 31 Mar 2023.

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