About Setco Auto Systems
Setco Auto Systems is a company based in Mumbai (India) founded in 1982 was acquired by Sentica in February 2014. It operates as a B2B2C and Reseller / Distribution. Setco Auto Systems has raised $3.4 million across 1 funding round from investors including New Vernon Wealth Management and Sentica. The company has 859 employees as of March 21, 2024. Setco Auto Systems has completed 1 acquisition, including LavaCast. Setco Auto Systems offers products and services including Heavy-Duty Clutches, Flywheels, Lubricants, and Brake Linings. Setco Auto Systems operates in a competitive market with competitors including Dana, Happy Forgings, Gates, Ricardo and Divgi TorqTransfer Systems, among others.
- Headquarter Mumbai, India
- Employees 859 as on 21 Mar, 2024
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Setco Automotive Limited
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Annual Revenue
$84.16 M (USD)12.17as on Mar 31, 2025
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Net Profit
-$12.29 M (USD)6.74as on Mar 31, 2025
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EBITDA
$12.99 M (USD)49.5as on Mar 31, 2025
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Total Equity Funding
$3.4 M (USD)
in 1 rounds
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Latest Funding Round
$3.4 M (USD), Series B
Dec 13, 2005
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Investors
New Vernon Wealth Management
& 1 more
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Employee Count
859
as on Mar 21, 2024
- Investments & Acquisitions
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Acquired by
Sentica
(Feb 10, 2014)
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IPO & Listings of Setco Auto Systems
Setco Auto Systems is a publicly listed company on the NSE with ticker symbol SETCO in India, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Setco Auto Systems
Setco Auto Systems offers a comprehensive portfolio of products and services, including Heavy-Duty Clutches, Flywheels, Lubricants, and Brake Linings.
Clutches are designed for commercial vehicle performance efficiency.
Flywheels are built for durability in commercial vehicles.
Lubricants are formulated for heavy commercial vehicle maintenance.
Brake linings are crafted for reliable vehicle stopping power.
People of Setco Auto Systems
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Funding Insights of Setco Auto Systems
Setco Auto Systems has successfully raised a total of $3.4M through 1 strategic funding round. The most recent funding activity was a Series B round of $3.4 million completed in December 2005. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series B — $3.4M
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First Round
First Round
(13 Dec 2005)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2005 | Amount | Series B - Setco Auto Systems | Valuation |
investors |
Investors in Setco Auto Systems
Setco Auto Systems has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include New Vernon Wealth Management and Sentica.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Sentica is engaged in private equity investments in Finland.
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Founded Year | Domain | Location | |
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Provides personalized wealth management and investment strategies for individuals and institutions.
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Founded Year | Domain | Location |
Investments & Acquisitions by Setco Auto Systems
Setco Auto Systems has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include LavaCast.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Machined grey and spheroidal graphite cast iron components are produced.
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2011 |
Financial Statements - Setco Auto Systems
Setco Auto Systems Comparisons
Competitors of Setco Auto Systems
Setco Auto Systems operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Dana, Happy Forgings, Gates, Ricardo and Divgi TorqTransfer Systems, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Driveline technologies and components for electrified light vehicles are supplied.
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| domain | founded_year | HQ Location |
Drive transmission components are manufactured and supplied.
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| domain | founded_year | HQ Location |
Transmission components are manufactured and supplied to the aftermarket.
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| domain | founded_year | HQ Location |
Drive transmission components are manufactured and supplied to OEMs.
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| domain | founded_year | HQ Location |
Automotive transmission systems are manufactured and supplied to OEMs.
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| domain | founded_year | HQ Location |
Timing drive systems and gear parts for automobile manufacturers
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Frequently Asked Questions about Setco Auto Systems
Setco Auto Systems was founded in 1982 and raised its 1st funding round 23 years after it was founded.
Setco Auto Systems is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Nitin Mehra is the current CEO of Setco Auto Systems.
Setco Auto Systems is a funded company, having raised a total of $3.4M across 1 funding round to date. The company's 1st funding round was a Series B of $3.4M, raised on Dec 13, 2005.
As of Mar 21, 2024, the latest employee count at Setco Auto Systems is 859.
Annual revenue of Setco Auto Systems is $84.16M as on Mar 31, 2025.
Setco Auto Systems is established as a prominent manufacturer of heavy-duty clutches, driveline components, and hydraulic solutions tailored for the automotive and construction equipment industries. Products are engineered for durability, smooth engagement, and efficiency across challenging terrains, serving both OEMs and the aftermarket. The portfolio includes flywheels, brake linings, clutch release bearings, and lubricants, primarily optimized for medium and heavy commercial vehicles (MHCVs) and light commercial vehicles (LCVs). With over 40 years of expertise, a robust manufacturing base, and global presence, Setco is committed to delivering reliable and technologically advanced solutions for mobility.
Setco Auto Systems's top competitors include Happy Forgings, Gates and Dana.
Setco Auto Systems offers Heavy-Duty Clutches, Flywheels, Lubricants, and Brake Linings.
Yes, Setco Auto Systems is publicly traded on NSE under the ticker symbol SETCO.
Setco Auto Systems has made 1 acquisition, including LavaCast.
Setco Auto Systems has 2 investors. Key investors include New Vernon Wealth Management, and Sentica.
The ticker symbol of Setco Auto Systems is SETCO on NSE.