Sheth Insulations Private Limited

Supplier of insulation materials for various industries, including textiles, chemicals, and power plants.

2011 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Sheth Insulations Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 14 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.26 Cr
  • Satisfied Charges ₹ 5.00 Cr
  • Revenue Growth 34.66%
  • Profit Growth 30.80%
  • Ebitda 91.38%
  • Net Worth 25.61%
  • Total Assets 13.01%

About Sheth Insulations

Sheth Insulations Private Limited (SIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 February 2011 and has a history of 14 years and two months. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Metals And Minerals 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 2.50 M and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹2.26 Cr. The company has closed loans amounting to ₹5.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Zalak Sheth and Kaushikkumar Sheth serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24100GJ2011PTC064149

  • Company No.

    064149

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Feb 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Metals and Minerals

What products or services does Sheth Insulations Private Limited offer?

Sheth Insulations Private Limited offers a wide range of products and services, including Metal & Metal Made Products, Aluminum Sheets, Insulators & Insulation Materials, Insulation Material, Adhesives, Glue and Sealants, Adhesive Gum, Repair & Maintenance Services, Insulation Services, Industrial Fabrics and Textiles, Industrial Fabric.

Company report

Sheth Insulations Private Limited

Explore comprehensive data for Sheth Insulations Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Sheth Insulations?

Board Members (2)

NameDesignationAppointment DateStatus
Zalak Sheth Country flag representing In Director 23-Feb-2011Current
Kaushikkumar Sheth Country flag representing In Director 23-Feb-2011Current

Financial Performance of Sheth Insulations.

Sheth Insulations Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 34.66% increase. The company also saw a substantial improvement in profitability, with a 30.8% increase in profit. The company's net worth Soared by an impressive increase of 25.61%.

Sheth Insulations revenue growth over time
Sheth Insulations 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
34.66%
Revenue from Operations
34.67%
Total Assets
13.01%
Profit or Loss
30.80%
Net Worth
25.61%
EBITDA
91.38%

What is the Ownership and Shareholding Structure of Sheth Insulations?

In 2023, Sheth Insulations had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹22.60 M

Satisfied Charges

₹50.00 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 2.26 Cr

Latest Charge Details

DateLenderAmountStatus
27 Jul 2020Hdfc Bank Limited₹2.26 CrOpen
16 Nov 2011Others₹2.50 CrSatisfied
11 Nov 2011Others₹2.50 CrSatisfied

How Many Employees Work at Sheth Insulations?

Sheth Insulations has a workforce of 44 employees as of Mar 30, 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.

Employee growth trends for Sheth Insulations Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sheth Insulations, 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 Sheth Insulations'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 Sheth Insulations

Recent activity within the organization

  • Annual General Meeting

    Sheth Insulations Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Sheth Insulations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 22.60 M registered on 27 Jul 2020 with Charge ID 100359127 was modified on 30 May 2022.

  • Charges

    A charge registered on 16 Nov 2011 via Charge ID 10321248 with Others was fully satisfied on 12 Mar 2021.

  • Charges

    A charge registered on 11 Nov 2011 via Charge ID 10321249 with Others was fully satisfied on 12 Mar 2021.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 22.60 M with Charge ID 100359127 was registered on 27 Jul 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Sheth Insulations Private Limited?

    Sheth Insulations Private Limited was incorporated on 23 Feb 2011.

  • What is authorized share capital and paid-up capital of Sheth Insulations Private Limited?

    The authorized share capital of Sheth Insulations Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Who are the current board members & directors of Sheth Insulations Private Limited?

    Currently 2 directors are associated with Sheth Insulations Private Limited.

    • Zalak Kaushikkumar Sheth
    • Kaushikkumar Jayantilal Sheth
  • What is the registered address of Sheth Insulations Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sheth Insulations Private Limited is 402/B Phase Ii, G. I. D. C. Vatva India, Ahmedabad, Gujarat, 382445.

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

    The corporate identification number (CIN) of Sheth Insulations Private Limited is U24100GJ2011PTC064149 and the company number is 064149 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Sheth Insulations Private Limited?

    The Official website of Sheth Insulations Private Limited is https://www.shethinsulations.in

  • What has been the recent revenue trend for Sheth Insulations Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Sheth Insulations Private Limited has risen by 34.66%.

  • How many employees does Sheth Insulations Private Limited currently have?

    As Per 2023 financial reports, 44 employees are currently employed by Sheth Insulations Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Sheth Insulations Private Limited has experienced an upsurge of 25.61%.

  • What are the total open charges for Sheth Insulations Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Sheth Insulations Private Limited amount to ₹ 2.26 Cr.

  • When was the last Balance Sheet of Sheth Insulations Private Limited filed with the ROC?

    The most recent Balance Sheet for Sheth Insulations Private Limited was filed with the ROC on 31 Mar 2024.

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