Sheth Insulations Private Limited

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

2011 | Ahmedabad, Gujarat (India) | Active
Last Updated: July 03, 2024

Sheth Insulations Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 13 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.26 Cr
  • Satisfied Charges ₹ 5.00 Cr
  • Revenue Growth 34.66%
  • Profit Growth 30.80%
  • Ebitda 31.85%
  • 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 13 years and 11 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 2023. 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.

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

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    shethinsulations.in

  • 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 2023

  • Date of Balance Sheet

    31 Mar 2023

  • 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.

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

Board Members (2)

Name Designation Appointment Date Status
Kaushikkumar Sheth Country flag representing In Director 23-Feb-2011 Current
Zalak Sheth Country flag representing In Director 23-Feb-2011 Current

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%.

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
34.66%
Revenue from Operations
34.67%
Total Assets
13.01%
Profit or Loss
30.80%
Net Worth
25.61%
EBITDA
31.85%

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

Date Lender Amount Status
27 Jul 2020 Hdfc Bank Limited ₹2.26 Cr Open
16 Nov 2011 Others ₹2.50 Cr Satisfied
11 Nov 2011 Others ₹2.50 Cr Satisfied

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.

Graph showing employee growth trends

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 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Sheth Insulations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • 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.

    30 May 2022

  • Charges

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

    12 Mar 2021

  • Charges

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

    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.

    27 Jul 2020

Frequently asked questions

  • Sheth Insulations Private Limited was incorporated on 23 Feb 2011.

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

  • Currently 2 directors are associated with Sheth Insulations Private Limited.

    • Kaushikkumar Jayantilal Sheth
    • Zalak Kaushikkumar Sheth
  • 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, Ahmedabad, Gujarat, India, 382445.

  • 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).

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

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

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

  • 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%.

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

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

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