Shetron Limited

Specializes in metal packaging solutions for food industry, established in 1980.

1980 | Bangaluru, Karnataka (India) | Active
Last Updated: November 15, 2024

Shetron Profile

Key Indicators

  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 9.00 Cr
  • Company Age 44 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 307.05 Cr
  • Satisfied Charges ₹ 221.78 Cr
  • Revenue Growth 7.94%
  • Profit Growth 21.09%
  • Ebitda 7.91%
  • Net Worth 12.36%
  • Total Assets -1.93%

About Shetron

Shetron Limited (SL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 June 1980 and has a history of 44 years and eight months. Its registered office is in Bangaluru, Karnataka, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 526137.

The Corporate was formerly known as Shetron Metals Ltd. The Company is engaged in the Packaging 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 30.00 Cr and a paid-up capital of Rs 9.00 Cr.

The company currently has active open charges totaling ₹307.05 Cr. The company has closed loans amounting to ₹221.78 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Shetron Limited India are Vilas Dingre as CFO and Jyoti Kumari as Company Secretary. Bhagya Rao, Divakar Shetty, Kartik Nayak, and Two other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    shetrongroup.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L21014KA1980PLC003842

  • Company No.

    003842

  • Stock Symbol

    BSE : 526137

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Jun 1980

  • Date of AGM

    12 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Bangalore

Industry

Packaging

What products or services does Shetron Limited offer?

Shetron Limited offers a wide range of products and services, including Paper & Paper Made Products, Paper Cans, Packaging Caps & Seals, Cap Closures, Crates, Trays and Pallets, Packaging Boards, Edge Protectors, Paper Edge Protector, Tin Containers, Food Cans.

Who are the key members and board of directors at Shetron?

Executive Team (4)

NameDesignationAppointment DateStatus
Kartik Nayak Country flag representing In Managing Director01-Apr-2003Current
Praveen Mally Country flag representing In Managing Director08-Feb-2016Current
Vilas Dingre Country flag representing In CFO27-Oct-2015Current
Jyoti Kumari Country flag representing In Company Secretary23-Feb-2024Current

Board Members (3)

NameDesignationAppointment DateStatus
Mita Dixit Country flag representing In Director 15-May-2023Current
Bhagya Rao Country flag representing In Director 30-May-2022Current
Divakar Shetty Country flag representing In Whole-Time Director 01-Sep-2005Current

Financial Performance of Shetron.

Shetron Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.94% increase. The company also saw a substantial improvement in profitability, with a 21.09% increase in profit. The company's net worth Soared by an impressive increase of 12.36%.

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
7.94%
Revenue from Operations
8.35%
Total Assets
-1.93%
Profit or Loss
21.09%
Net Worth
12.36%
EBITDA
7.91%

What is the Ownership and Shareholding Structure of Shetron?

In 2023, Shetron had a promoter holding of 64.17% and a public holding of 35.83%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹307.05 Cr

Satisfied Charges

₹221.78 Cr

Charges Breakdown by Lending Institutions

  • Bank Of India : 110.43 Cr
  • State Bank Of India : 106.46 Cr
  • Bank Of India And State Bank Of India : 58.75 Cr
  • Others : 31.41 Cr

Latest Charge Details

DateLenderAmountStatus
28 Mar 2024State Bank Of India₹58.64 CrOpen
24 Jan 2023Others₹5.00 CrOpen
24 Jan 2023Others₹7.00 CrOpen
29 Nov 2022Others₹18.00 CrOpen
02 Feb 2021Bank Of India₹4.68 CrOpen

How Many Employees Work at Shetron?

Shetron has a workforce of 194 employees as of Apr 10, 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 Shetron, 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 Shetron'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 Shetron

Recent activity within the organization

  • Annual General Meeting

    Shetron Limited last Annual general meeting of members was held on 12 Sep 2024 as per latest MCA records.

    12 Sep 2024

  • Charges

    A charge registered on 22 Mar 2010 via Charge ID 10212944 with Others was fully satisfied on 11 Jun 2024.

    11 Jun 2024

  • Balance Sheet

    Shetron Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with State Bank Of India amounted to Rs. 58.64 Cr with Charge ID 100902019 was registered on 28 Mar 2024.

    28 Mar 2024

  • Director Appointment

    Jyoti Kumari was appointed as a Company Secretary was appointed as a Company Secretary on 23 Feb 2024 & has been associated with this company since 11 months 30 days .

    23 Feb 2024

  • Charges

    A charge registered on 31 Jan 2018 via Charge ID 100164018 with Others was fully satisfied on 13 Sep 2023.

    13 Sep 2023

Frequently asked questions

  • Shetron Limited was incorporated on 09 Jun 1980.

  • The authorized share capital of Shetron Limited is ₹ 30.00 Cr and paid-up capital is ₹ 9.00 Cr.

  • Currently 7 directors are associated with Shetron Limited.

    • Bhagya Chandra Rao
    • Divakar Sanku Shetty
    • Kartik Manohar Nayak
    • Praveen Vittal Mally
    • Mita Dixit
    • Vilas Madhav Dingre
    • Jyoti Kumari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shetron Limited is Plot No 1, Bommasandra Industrial Area Hosur Main Road India, Bangalore, Karnataka, 560099.

  • The corporate identification number (CIN) of Shetron Limited is L21014KA1980PLC003842 and the company number is 003842 as per Ministry of Corporate Affairs (MCA).

  • Yes, Shetron Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Shetron Limited is https://www.shetrongroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shetron Limited has risen by 7.94%.

  • As Per 2023 financial reports, 194 employees are currently employed by Shetron Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shetron Limited has experienced an upsurge of 12.36%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Shetron Limited amount to ₹ 307.05 Cr.

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

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