Sethia Oil Industries Ltd.

This company specializes in extracting and processing edible oils and manufacturing de-oiled cakes.

1992 | Kolkata, West Bengal (India) | Active
Last Updated: July 02, 2024

Sethia Oil Industries Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.00 Cr
  • Company Age 33 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 15.00 Cr
  • Satisfied Charges ₹ 31.48 Cr
  • Revenue Growth -12.29%
  • Profit Growth -36.66%
  • Ebitda -40.36%
  • Net Worth 9.26%
  • Total Assets 7.04%

About Sethia Oil Industries

Sethia Oil Industries Ltd. (SOIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 January 1992 and has a history of 33 years and one month. Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Food And Beverages 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 5.00 Cr and a paid-up capital of Rs 3.00 Cr.

The company currently has active open charges totaling ₹15.00 Cr. The company has closed loans amounting to ₹31.48 Cr, as per Ministry of Corporate Affairs (MCA) records.

Deepak Sethia, Dilip Sethia, Alok Sethia, and Three other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sethiaoil.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24247WB1992PLC053986

  • Company No.

    053986

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Jan 1992

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Food and Beverages

What products or services does Sethia Oil Industries Ltd. offer?

Sethia Oil Industries Ltd. offers a wide range of products and services, including Edible Oil & Allied Products, Cooking Oil, Bird Food, Poultry & Animal Food, Oil Cake, Organic Fertilizers and Manure, Mustard Oil Cake, Mustard Oil, Nature Fresh Mustard Oil, Seeds Oil and Fruit Oils, Madhuca longifolia Oil.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Dilip Sethia Country flag representing In Managing Director10-Apr-1995Current

Board Members (5)

NameDesignationAppointment DateStatus
Nishant Jain Country flag representing In Director 29-Sep-2023Current
Kailash Todi Country flag representing In Director 17-May-2022Current
Deepak Sethia Country flag representing In Director 01-Jan-1992Current
Alok Sethia Country flag representing In Director 04-Dec-1995Current
Vijay Sethia Country flag representing In Director 21-Nov-1994Current

Financial Performance of Sethia Oil Industries.

Sethia Oil Industries Ltd., for the financial year ended 2023, experienced significant reduction in revenue, with a 12.29% decrease. The company also saw a substantial fall in profitability, with a 36.66% decrease in profit. The company's net worth moved up by a moderate rise of 9.26%.

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
-12.29%
Revenue from Operations
-12.58%
Total Assets
7.04%
Profit or Loss
-36.66%
Net Worth
9.26%
EBITDA
-40.36%

What is the Ownership and Shareholding Structure of Sethia Oil Industries?

In 2023, Sethia Oil Industries had a promoter holding of 16.97% and a public holding of 83.03%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹15.00 Cr

Satisfied Charges

₹31.48 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 15.00 Cr

Latest Charge Details

DateLenderAmountStatus
12 Jan 2012State Bank Of India₹15.00 CrOpen
03 Feb 2010Allahabad Bank₹15.00 CrSatisfied
03 Feb 2010Allahabad Bank₹3.70 MSatisfied
03 Feb 2010Allahabad Bank₹3.70 MSatisfied
15 Sep 2001State Bank Of India₹15.74 CrSatisfied

How Many Employees Work at Sethia Oil Industries?

Sethia Oil Industries has a workforce of 160 employees as of Apr 07, 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 Sethia Oil Industries, 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 Oil Industries'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 Sethia Oil Industries

Recent activity within the organization

  • Annual General Meeting

    Sethia Oil Industries Ltd. last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Sethia Oil Industries Ltd. has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Director Appointment

    Kailash Pati Todi was appointed as a Director was appointed as a Director on 17 May 2022 & has been associated with this company since 2 years 9 months .

    17 May 2022

  • Charges

    A charge with State Bank Of India of Rs. 15.00 Cr registered on 12 Jan 2012 with Charge ID 10332895 was modified on 25 Jan 2022.

    25 Jan 2022

  • Charges

    A charge registered on 15 Sep 2001 via Charge ID 80031866 with State Bank Of India was fully satisfied on 01 Mar 2013.

    01 Mar 2013

  • Charges

    A charge registered on 03 Feb 2010 via Charge ID 10201436 with Allahabad Bank was fully satisfied on 13 Dec 2012.

    13 Dec 2012

Frequently asked questions

  • Sethia Oil Industries Ltd. was incorporated on 01 Jan 1992.

  • The authorized share capital of Sethia Oil Industries Ltd. is ₹ 5.00 Cr and paid-up capital is ₹ 3.00 Cr.

  • Currently 6 directors are associated with Sethia Oil Industries Ltd..

    • Deepak Sethia
    • Dilip Sethia
    • Alok Sethia
    • Vijay Singh Sethia
    • Kailash Pati Todi
    • Nishant Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sethia Oil Industries Ltd. is Diamond Heritage Room No. 505 5Th Floor 16 Strand Road, Kolkata, West Bengal, India, 700001.

  • The corporate identification number (CIN) of Sethia Oil Industries Ltd. is U24247WB1992PLC053986 and the company number is 053986 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sethia Oil Industries Ltd. is https://www.sethiaoil.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sethia Oil Industries Ltd. has fallen by -12.29%.

  • As Per 2023 financial reports, 160 employees are currently employed by Sethia Oil Industries Ltd..

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sethia Oil Industries Ltd. has experienced an upsurge of 9.26%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sethia Oil Industries Ltd. amount to ₹ 15.00 Cr.

  • The most recent Balance Sheet for Sethia Oil Industries Ltd. was filed with the ROC on 31 Mar 2023.

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