Sethia Handicrafts Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
as on 03-07-2024
- Paid Up Capital ₹ 3.63 M
as on 03-07-2024
- Company Age 25 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 12.57 Cr
as on 03-07-2024
- Satisfied Charges ₹ 21.89 Cr
as on 03-07-2024
- Revenue -38.21%
(FY 2023)
- Profit -225.17%
(FY 2023)
- Ebitda -92.48%
(FY 2023)
- Net Worth -18.63%
(FY 2023)
- Total Assets -15.46%
(FY 2023)
About Sethia Handicrafts
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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 3.63 M.
The company currently has active open charges totaling ₹12.57 Cr. The company has closed loans amounting to ₹21.89 Cr, as per Ministry of Corporate Affairs (MCA) records.
Siddarth Sethia, Pankaj Sethia, Nirmal Sethia, and One other member serve as directors at the Company.
- CIN/LLPIN
U51909MH1999PTC121557
- Company No.
121557
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
01 Sep 1999
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Goregaon East, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Sethia Handicrafts?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Niraj Sethia  | Managing Director | 02-Sep-1999 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Siddarth Sethia | Whole-Time Director | 01-Sep-1999 | Current |
| Pankaj Sethia | Whole-Time Director | 01-Sep-1999 | Current |
| Nirmal Sethia | Whole-Time Director | 01-Sep-1999 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Sethia Handicrafts?
In 2023, Sethia Handicrafts had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sethia Enterprises Private LimitedActive 12 years 5 monthsSiddarth Sethia, Pankaj Sethia and 2 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 07 Aug 2023 | ₹1.02 M | Open |
Hdfc Bank Limited Creation Date: 20 Mar 2023 | ₹4.45 Cr | Open |
Hdfc Bank Limited Creation Date: 28 Feb 2022 | ₹2.85 M | Open |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sethia Handicrafts, 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 Sethia Handicrafts's trajectory.
Rating
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
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.
