Setlite Engineers Limited

Provides services and parts for construction equipment of various brands, including rental and maintenance options.

2007 | New Delhi (India) | Active
Last Updated: December 23, 2024

Setlite Engineers Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 17 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 10.17 Cr
  • Satisfied Charges ₹ 3.00 Cr
  • Revenue Growth -99.87%
  • Profit Growth -99.88%
  • Ebitda -99.87%
  • Net Worth -99.88%
  • Total Assets -99.89%

About Setlite Engineers

Setlite Engineers Limited (SEL) is a Public Limited Indian Non-Government Company incorporated in India on 13 April 2007 and has a history of 17 years and nine months. Its registered office is in New Delhi, India.

The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 6.00 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹10.17 Cr. The company has closed loans amounting to ₹3.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sanjeev Chhabra, Nipun Chhabra, Chetna Chhabra, and One other member serve as directors at the Company.

Company Details

  • Location

    New Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51909DL2007PLC162039

  • Company No.

    162039

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 Apr 2007

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Machinery and Equipment

What products or services does Setlite Engineers Limited offer?

Setlite Engineers Limited offers a wide range of products and services, including Engine Components, Engine Spare Parts, Commercial Vehicles & Three Wheelers, Trucks, Truck Parts, Dumper Parts, Industrial Engines, Engine & Engine Spare Parts, Steering Parts & Components, Drivetrain Components.

Who are the key members and board of directors at Setlite Engineers?

Board Members (4)

Name Designation Appointment Date Status
Sanjeev Chhabra Country flag representing In Director 13-Apr-2007 Current
Nipun Chhabra Country flag representing In Director 13-Apr-2007 Current
Chetna Chhabra Country flag representing In Director 13-Feb-2017 Current
Yashvardhan Chhabra Country flag representing In Director 02-Sep-2017 Current

Financial Performance of Setlite Engineers.

Setlite Engineers Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 99.87% decrease. The company also saw a substantial fall in profitability, with a 99.88% decrease in profit. The company's net worth observed a substantial decline by a decrease of 99.88%.

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
-99.87%
Revenue from Operations
-99.87%
Total Assets
-99.89%
Profit or Loss
-99.88%
Net Worth
-99.88%
EBITDA
-99.87%

What is the Ownership and Shareholding Structure of Setlite Engineers?

In 2023, Setlite Engineers had a promoter holding of 99.80% and a public holding of 0.20%. The company had 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹101.74 M

Satisfied Charges

₹30.00 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 10.17 Cr

Latest Charge Details

Date Lender Amount Status
18 Aug 2023 Hdfc Bank Limited ₹3.89 M Open
10 Apr 2022 Hdfc Bank Limited ₹2.50 M Open
09 Sep 2021 Hdfc Bank Limited ₹1.50 M Open
28 Feb 2020 Hdfc Bank Limited ₹9.39 Cr Open
24 Dec 2008 Syndicate Bank ₹3.00 Cr Satisfied

How Many Employees Work at Setlite Engineers?

Setlite Engineers has a workforce of 49 employees as of Apr 03, 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 Setlite Engineers, 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 Setlite Engineers'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 Setlite Engineers

Recent activity within the organization

  • Annual General Meeting

    Setlite Engineers Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Setlite Engineers Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 3.89 M with Charge ID 100773320 was registered on 18 Aug 2023.

    18 Aug 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 93.86 M registered on 28 Feb 2020 with Charge ID 100328942 was modified on 21 Mar 2023.

    21 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.50 M with Charge ID 100563086 was registered on 10 Apr 2022.

    10 Apr 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.50 M with Charge ID 100484173 was registered on 09 Sep 2021.

    09 Sep 2021

Frequently asked questions

  • Setlite Engineers Limited was incorporated on 13 Apr 2007.

  • The authorized share capital of Setlite Engineers Limited is ₹ 6.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 4 directors are associated with Setlite Engineers Limited.

    • Sanjeev Chhabra
    • Nipun Chhabra
    • Chetna Chhabra
    • Yashvardhan Chhabra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Setlite Engineers Limited is 5G Vandana Building 11 Tolstoy Marg Connaught Place, India, New Delhi, 110001.

  • The corporate identification number (CIN) of Setlite Engineers Limited is U51909DL2007PLC162039 and the company number is 162039 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Setlite Engineers Limited is https://www.setlite.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Setlite Engineers Limited has fallen by -99.87%.

  • As Per 2023 financial reports, 49 employees are currently employed by Setlite Engineers Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Setlite Engineers Limited has experienced an downturn of -99.88%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Setlite Engineers Limited amount to ₹ 10.17 Cr.

  • The most recent Balance Sheet for Setlite Engineers Limited was filed with the ROC on 31 Mar 2024.

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