Success Setu Private Limited

Success Setu Private Limited - business outsourcing in Rajkot, Gujarat, India. FY 2026 financials & compliance.
CIN U74999GJ2018PTC100550 Incorporated 15 January 2018 ROC Ahmedabad HQ Rajkot, Gujarat, India
Active Private Limited Company business outsourcing DPIIT Startup
Data last updated
Revenue · FY 2023
₹51.64 Lakh
▲ 5% YoY
Net loss · FY 2023
₹12,933
Net margin -0.3%
EBITDA · FY 2023
₹70,176
EBITDA margin 1.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Success Setu Private Limited

Data last updated:

Success Setu Private Limited is a private limited company based in Rajkot, Gujarat, India, recognised as a startup by DPIIT. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 15 January 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2018PTC100550. Its GSTIN is 24AAZCS7477F1ZK (Gujarat).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vipula Hirenbhai Rathod (Whole-Time Director) and Nidat Bijalbhai Rathod.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 207 Shiv Arcade Opp. Saint Marry School Samsun Showroom Lane Kalawad Road, Rajkot, Gujarat, India – 360004.

As per the financials filed for FY 2023, the company reported a revenue of ₹51.64 Lakh, a growth of 5% compared to the previous year. For the same year it recorded a net loss of ₹12,933 (net margin -0.3%) and EBITDA of ₹70,176 (EBITDA margin 1.4%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years.

For more details, the company can be reached via its website ssetu.com.

Company details

CIN U74999GJ2018PTC100550
Registration Number 100550
Incorporation Date 15 January 2018
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
DPIIT Recognition Recognised Startup

Recognitions & Rankings of Success Setu

DPIIT recognised startup Government of India
Startup India

Contact details

Success Setu Private Limited's registered office is in Rajkot, Gujarat. Its website is ssetu.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Registered Address
    207 Shiv Arcade Opp. Saint Marry School Samsun Showroom Lane Kalawad Road, Rajkot, Gujarat, India – 360004
  • Industry
    Business Outsourcing, HR Outsourcing & Talent Management

To see the full contact details of Success Setu Private Limited, buy the company report.

Comprehensive company report
Success Setu Private Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of Success Setu is professional, scientific and technical. In detail, this covers management consultancy activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM3Management consultancy activities

To see the full business activity and turnover split of Success Setu Private Limited, buy the company report.

Financials of Success Setu Private Limited

FY 2023 filings available

Success Setu Private Limited reported revenue of ₹51.64 Lakh (up 5% YoY) for FY 2023.

Revenue · FY 2023
₹51.64 Lakh ▲ 5%
Net loss · FY 2023
₹12,933 margin -0.3%
EBITDA · FY 2023
₹70,176 margin 1.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▼ 66%
3 years · compounded
▼ 7%

Revenue has grown at a compounded annual rate (CAGR) of 10% over three years, including 5% growth in the latest year. EBITDA fell 66% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹70,176
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹12,933
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin1.4%
Net Profit Margin-0.3%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Success Setu Private Limited, buy the company report.

Board of directors of Success Setu Private Limited

Success Setu has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Nidat Bijalbhai RathodDirector15 Jan 20188 Years 9 MonthsCurrent
Vipula Hirenbhai RathodWhole-Time Director05 May 20233 Years 5 MonthsCurrent

Auditor

Success Setu Private Limited is audited by A H MODASIYA & CO for the financial year 2020.

Auditor firmFinancial yearFirm registration number
A H MODASIYA & COFY 2020146409W

Shareholding

The shareholding of Success Setu Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2020
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Success Setu Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Success Setu Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Success Setu has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAZCS7477F1ZKGujaratActive30 Sep 2019

To see the full GST registrations and return filing status of Success Setu Private Limited, buy the company report.

Recent activity

Success Setu Private Limited has 4 board changes on record since 2018: 3 appointments and 1 cessation. The latest: Hirenkumar Bijalbhai Rathod ceased to be Whole-Time Director on 05 May 2023.

AGM
Success Setu Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Ceased
Hirenkumar Bijalbhai Rathod ceased to be Whole-Time Director.
Appointed
Vipula Hirenbhai Rathod was appointed as Whole-Time Director.
Filing
Success Setu Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
Appointed
Hirenkumar Bijalbhai Rathod was appointed as Whole-Time Director.
Appointed
Nidat Bijalbhai Rathod was appointed as Director.
Incorporation
15 Jan 2018
Success Setu Private Limited was registered on 15 Jan 2018 with Roc Ahmedabad & aged 8 years 9 months as per MCA records.

Frequently asked questions

Success Setu is an active private limited company based in Rajkot, Gujarat, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 15 January 2018 (8+ years old) and is registered under CIN U74999GJ2018PTC100550.

Success Setu has 2 current directors:

The latest financial statements of Success Setu on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2018 are in the company report.

The GSTIN of Success Setu is 24AAZCS7477F1ZK, registered in Gujarat.

The CIN (Corporate Identification Number) of Success Setu is U74999GJ2018PTC100550. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Success Setu was incorporated on 15 January 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Hirenkumar Bijalbhai Rathod ceased to be Whole-Time Director on 05 May 2023. Vipula Hirenbhai Rathod was appointed as Whole-Time Director on 05 May 2023. Hirenkumar Bijalbhai Rathod was appointed as Whole-Time Director on 15 Jan 2018. Success Setu has 4 board changes on record in total.

Yes, Success Setu is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Success Setu can be reached through the website ssetu.com. Its registered office is in Rajkot, Gujarat, India.

The registered office of Success Setu is at 207 Shiv Arcade Opp. Saint Marry School Samsun Showroom Lane Kalawad Road, Rajkot, Gujarat, India – 360004.