Sethia Handicrafts Private Limited

Creates and sells unique handicraft items, including wooden furniture and pallets, since 1999.

1999 | Goregaon East, Maharashtra (India) | Active
Last Updated: July 03, 2024

Who are the key members and board of directors at Sethia Handicrafts?

Executive Team (1)

NameDesignationAppointment DateStatus
Niraj Sethia Country flag representing InManaging Director02-Sep-1999Current

Board Members (3)

NameDesignationAppointment DateStatus
Siddarth Sethia Country flag representing In Whole-Time Director 01-Sep-1999Current
Pankaj Sethia Country flag representing In Whole-Time Director 01-Sep-1999Current
Nirmal Sethia Country flag representing In Whole-Time Director 01-Sep-1999Current

Financial Performance of Sethia Handicrafts.

Sethia Handicrafts Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 38.21% decrease. The company also saw a substantial fall in profitability, with a 225.17% decrease in profit. The company's net worth observed a substantial decline by a decrease of 18.63%.

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
-38.21%
Revenue from Operations
-40.12%
Total Assets
-15.46%
Profit or Loss
-225.17%
Net Worth
-18.63%
EBITDA
-92.48%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹12.57 Cr

Satisfied Charges

₹21.89 Cr

Charges Breakdown by Lending Institutions

  • Others : 7.56 Cr
  • Hdfc Bank Limited : 5.01 Cr

Latest Charge Details

DateLenderAmountStatus
07 Aug 2023Hdfc Bank Limited₹1.02 MOpen
20 Mar 2023Hdfc Bank Limited₹4.45 CrOpen
28 Feb 2022Hdfc Bank Limited₹2.85 MOpen
02 Jun 2021Others₹7.56 CrOpen
09 Oct 2019Hdfc Bank Limited₹1.70 MOpen

How Many Employees Work at Sethia Handicrafts?

Sethia Handicrafts has a workforce of 35 employees as of Apr 09, 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

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Latest Updates, News, and FAQs on Sethia Handicrafts

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100771902 was registered on 07 Aug 2023.

    07 Aug 2023

  • Balance Sheet

    Sethia Handicrafts Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 4.45 Cr with Charge ID 100692039 was registered on 20 Mar 2023.

    20 Mar 2023

  • Charges

    A charge registered on 30 Jul 2019 via Charge ID 100282486 with Others was fully satisfied on 26 Feb 2023.

    26 Feb 2023

  • Charges

    A charge registered on 10 Jun 2021 via Charge ID 100451590 with Others was fully satisfied on 05 Dec 2022.

    05 Dec 2022

Frequently asked questions

  • Sethia Handicrafts Private Limited was incorporated on 01 Sep 1999.

  • The authorized share capital of Sethia Handicrafts Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 3.63 M.

  • Currently 4 directors are associated with Sethia Handicrafts Private Limited.

    • Siddarth Nirmal Sethia
    • Pankaj Sethia
    • Nirmal Kumar Sethia
    • Niraj Sethia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sethia Handicrafts Private Limited is 3505/06 Oberoi Woods Tower 'B' Mohan Gokhale Road, Goregaon East, Maharashtra, India, 400063.

  • The corporate identification number (CIN) of Sethia Handicrafts Private Limited is U51909MH1999PTC121557 and the company number is 121557 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sethia Handicrafts Private Limited is https://www.sethiahandicrafts.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sethia Handicrafts Private Limited has fallen by -38.21%.

  • As Per 2023 financial reports, 35 employees are currently employed by Sethia Handicrafts Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sethia Handicrafts Private Limited has experienced an downturn of -18.63%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sethia Handicrafts Private Limited amount to ₹ 12.57 Cr.

  • The most recent Balance Sheet for Sethia Handicrafts Private Limited was filed with the ROC on 31 Mar 2023.