Shethia Erector'S And Material Handlers Ltd

Provides crane rental services with a large fleet and global presence.

1989 | Thane, Maharashtra (India) | Active
Last Updated:

Shethia Erector'S And Material Handlers Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 5.24 Cr
  • Company Age 35 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 455.19 Cr
  • Satisfied Charges ₹ 951.82 Cr
  • Revenue Growth 21.39%
  • Profit Growth -179.86%
  • Ebitda 45.73%
  • Net Worth -1.85%
  • Total Assets 42.53%

About Shethia Erector'S And Material Handlers

Shethia Erector's And Material Handlers Ltd (SEAMHL) is a leading Public Limited Indian Non-Government Company incorporated in India on 22 June 1989 and has a history of 35 years and nine months. Its registered office is in Thane, Maharashtra, India.

The Corporate was formerly known as Shethia Erector's And Material Handlers Private Limited. The Company is engaged in the Financial Services 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 6.00 Cr and a paid-up capital of Rs 5.24 Cr.

The company currently has active open charges totaling ₹455.19 Cr. The company has closed loans amounting to ₹951.82 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Shethia Erector's And Material Handlers Ltd India are Nida Khot as COMPANY SECRETARY and Manoj Chaudhari as Ceo. Mitesh Shethia, Bhavik Shethia, Viraj Shethia, and Two other members serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U99999MH1989PLC052323

  • Company No.

    052323

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    22 Jun 1989

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services
Company report

Shethia Erector's And Material Handlers Ltd

Explore comprehensive data for Shethia Erector's And Material Handlers Ltd, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Shethia Erector'S And Material Handlers?

Executive Team (3)

NameDesignationAppointment DateStatus
Manoj Chaudhari Country flag representing In CEO30-Mar-2018Current
Mitesh Shethia Country flag representing In Managing Director22-Jun-1989Current
Nida Khot Country flag representing In Company Secretary09-Jan-2020Current

Board Members (4)

NameDesignationAppointment DateStatus
Harini Dedhia Country flag representing In Director 02-Jul-2019Current
Bhavik Shethia Country flag representing In Director 22-Jun-1989Current
Viraj Shethia Country flag representing In Whole-Time Director 23-Jul-2015Current
Ravindra Karve Country flag representing In Director 02-Jul-2019Current

Financial Performance of Shethia Erector'S And Material Handlers.

Shethia Erector'S And Material Handlers Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 21.39% increase. The company also saw a substantial fall in profitability, with a 179.86% decrease in profit. The company's net worth dipped by a decrease of 1.85%.

Shethia Erector'S And Material Handlers revenue growth over time
Shethia Erector'S And Material Handlers 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
21.39%
Revenue from Operations
32.42%
Total Assets
42.53%
Profit or Loss
-179.86%
Net Worth
-1.85%
EBITDA
45.73%

What is the Ownership and Shareholding Structure of Shethia Erector'S And Material Handlers?

In 2023, Shethia Erector'S And Material Handlers 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

₹455.19 Cr

Satisfied Charges

₹951.82 Cr

Charges Breakdown by Lending Institutions

  • Tjsb Sahakari Bank Limited : 205.26 Cr
  • Others : 154.95 Cr
  • Hdfc Bank Limited : 47.04 Cr
  • Tata Capital Financial Services Limited : 24.59 Cr
  • Axis Bank Limited : 11.01 Cr
  • Others : 12.33 Cr

Latest Charge Details

DateLenderAmountStatus
13 Dec 2023Tjsb Sahakari Bank Limited₹20.00 CrOpen
31 Oct 2023Others₹1.40 CrOpen
20 Oct 2023Tjsb Sahakari Bank Limited₹1.87 MOpen
20 Oct 2023Tjsb Sahakari Bank Limited₹0.87 MOpen
20 Sep 2023Others₹3.91 CrOpen

How Many Employees Work at Shethia Erector'S And Material Handlers?

Shethia Erector'S And Material Handlers has a workforce of 875 employees as of Jun 24, 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 Shethia Erector'S And Material Handlers Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shethia Erector'S And Material Handlers, 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 Shethia Erector'S And Material Handlers'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 Shethia Erector'S And Material Handlers

Recent activity within the organization

  • Charges

    A charge with Tjsb Sahakari Bank Limited amounted to Rs. 20.00 Cr with Charge ID 100830963 was registered on 13 Dec 2023.

  • Charges

    A charge with Others amounted to Rs. 1.40 Cr with Charge ID 100817220 was registered on 31 Oct 2023.

  • Charges

    A charge registered on 11 Nov 2020 via Charge ID 100393554 with Tjsb Sahakari Bank Limited was fully satisfied on 23 Oct 2023.

  • Charges

    A charge with Tjsb Sahakari Bank Limited amounted to Rs. 0.19 Cr with Charge ID 100806788 was registered on 20 Oct 2023.

  • Charges

    A charge with Tjsb Sahakari Bank Limited amounted to Rs. 0.09 Cr with Charge ID 100806799 was registered on 20 Oct 2023.

  • Annual General Meeting

    Shethia Erector'S And Material Handlers Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Shethia Erector'S And Material Handlers Ltd?

    Shethia Erector'S And Material Handlers Ltd was incorporated on 22 Jun 1989.

  • What is authorized share capital and paid-up capital of Shethia Erector'S And Material Handlers Ltd?

    The authorized share capital of Shethia Erector'S And Material Handlers Ltd is ₹ 6.00 Cr and paid-up capital is ₹ 5.24 Cr.

  • Who are the current board members & directors of Shethia Erector'S And Material Handlers Ltd?

    Currently 7 directors are associated with Shethia Erector'S And Material Handlers Ltd.

    • Mitesh Laxmikant Shethia
    • Bhavik Laxmikant Shethia
    • Viraj Mitesh Shethia
    • Nida Bashir Khot
    • Manoj Sunil Chaudhari
    • Harini Narendra Dedhia
    • Ravindra Gajanan Karve

  • What is the registered address of Shethia Erector'S And Material Handlers Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Shethia Erector'S And Material Handlers Ltd is Centrum Unit No. 807 808 & 809 Opp Tmc Office, Near Satkar Grande Hotel Wagle Estate, Thane, Maharashtra, India, 400604.

  • What is the corporate identification number (CIN) and company number of Shethia Erector'S And Material Handlers Ltd?

    The corporate identification number (CIN) of Shethia Erector'S And Material Handlers Ltd is U99999MH1989PLC052323 and the company number is 052323 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Shethia Erector'S And Material Handlers Ltd?

    The Official website of Shethia Erector'S And Material Handlers Ltd is https://www.shethia.co.in

  • What has been the recent revenue trend for Shethia Erector'S And Material Handlers Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Shethia Erector'S And Material Handlers Ltd has risen by 21.39%.

  • How many employees does Shethia Erector'S And Material Handlers Ltd currently have?

    As Per 2023 financial reports, 875 employees are currently employed by Shethia Erector'S And Material Handlers Ltd.

  • What change has been observed in the net worth of Shethia Erector'S And Material Handlers Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Shethia Erector'S And Material Handlers Ltd has experienced an downturn of -1.85%.

  • What are the total open charges for Shethia Erector'S And Material Handlers Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Shethia Erector'S And Material Handlers Ltd amount to ₹ 455.19 Cr.

  • When was the last Balance Sheet of Shethia Erector'S And Material Handlers Ltd filed with the ROC?

    The most recent Balance Sheet for Shethia Erector'S And Material Handlers Ltd was filed with the ROC on 31 Mar 2023.

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