Dr Shet Magnetics Private Limited - Company Profile

It is a metal & minerals private limited company based in Bangalore, Karnataka, India, established in 1977.
1977 Bangalore, Karnataka, India Struck Off
Last Updated:
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About Dr Shet Magnetics Private Limited

Dr Shet Magnetics Private Limited, a struck off private limited company, was established on 10 March 1977 in Bangalore, Karnataka, India. Engaging in metalworking within the metal & minerals sector, it holds CIN: U32303KA1977PTC003123. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹0.20 M and a paid-up capital of ₹0.19 M.

It upholds a compliant status. Its leadership includes Vittal Narasimha Shetty (Director), Shivaram Ganapati Shet (Managing Director). Past directors included Vittal Narasimha Shetty, Sunanda Shivaram Shet. It holds no open charges and ₹0.10 M settled loans. Its latest AGM occurred on 27 September 2017, with the balance sheet filed on 31 March 2017. It is based at Sb48,Peenya Industrial Estate 1St Stage, 1St Cross,, Bangalore, Karnataka, 560058.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U32303KA1977PTC003123

  • Registration Number

    003123

  • Incorporation Date

    10 March 1977

  • Authorized Capital

    ₹0.20 M

  • Paid-Up Capital

    ₹0.19 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Struck Off

Key Metrics
  • Authorised Capital ₹ 0.20 M
  • Paid Up Capital ₹ 0.19 M
  • Company Age 49 Year, 2 Months
  • Last Filing with ROC 31 Mar 2017
  • Satisfied Charges ₹ 0.10 M
  • Revenue Growth **** %
  • Net Worth ****
  • Total Assets **** %
Company report

Dr Shet Magnetics Private Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Dr Shet Magnetics Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Dr Shet Magnetics Private Limited?
Current Directors
Name Designation Appointment Date Status
Vittal Narasimha Shetty Director 31 Dec 2010 Current
Shivaram Ganapati Shet Managing Director 13 Mar 1977 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 30 Sep 2013 Past
Pramod Abcsdd Director 16 Dec 2010 Past

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Financial Performance of Dr Shet Magnetics.

Dr Shet Magnetics Private Limited, for the financial year ended 2017, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

Dr Shet Magnetics revenue growth over time
Dr Shet Magnetics profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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Revenue from Operations
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Total Assets
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Profit or Loss
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Net Worth
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EBITDA
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What is the Ownership and Shareholding Structure of Dr Shet Magnetics?

In 2017, Dr Shet Magnetics had a promoter holding of 24.47% and a public holding of 75.53%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹100,000.00

Charges Breakdown by Lending Institutions
  • State Bank Of India : 0.01 Cr
Latest Charge Details
Date Lender Amount Status
19 Jul 1979 State Bank Of India ₹0.05 M Satisfied
19 Jul 1978 State Bank Of India ₹0.05 M Satisfied

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How Many Employees Work at Dr Shet Magnetics?

Unlock and access historical data on people associated with Dr Shet Magnetics, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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Rating
Graph displaying rating trends over time

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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.

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Latest Updates, News, and FAQs on Dr Shet Magnetics
Recent Activity within the Organization
  • Charges

    The activity A charge registered on 19 Jul 1979 via Charge ID 90194682 with State Bank Of India was fully satisfied on 15 Mar 2018. was completed.

  • Charges

    The activity A charge registered on 19 Jul 1978 via Charge ID 90194679 with State Bank Of India was fully satisfied on 15 Mar 2018. was completed.

  • Annual General Meeting

    The activity Dr Shet Magnetics Private Limited last Annual general meeting of members was held on 27 Sep 2017 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Dr Shet Magnetics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Bangalore. was completed.

  • Director Appointment

    Progress on Vittal Narasimha Shetty was appointed as a Director was appointed as a Director on 31 Dec 2010 & has been associated with this company since 15 years 4 months . was documented.

  • Charges

    A charge with State Bank Of India of Rs. 0.05 M registered on 19 Jul 1978 with Charge ID 90194679 was modified on 18 Jun 2004. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Dr Shet Magnetics Private Limited?

The CIN of Dr Shet Magnetics Private Limited is U32303KA1977PTC003123.

Where is Dr Shet Magnetics Private Limited headquartered?

Dr Shet Magnetics Private Limited is headquartered at Sb48,Peenya Industrial Estate 1St Stage, 1St Cross,, Bangalore, Karnataka, 560058.

When was Dr Shet Magnetics Private Limited incorporated?

Dr Shet Magnetics Private Limited was incorporated on 10 March 1977.

Who are the current directors of Dr Shet Magnetics Private Limited?

The current directors of Dr Shet Magnetics Private Limited are

What is the primary industry of Dr Shet Magnetics Private Limited?

The primary industry of Dr Shet Magnetics Private Limited is Metal & Minerals.

Is Dr Shet Magnetics Private Limited a listed company?

Dr Shet Magnetics Private Limited is unlisted.

What is the capital structure of Dr Shet Magnetics Private Limited?

The authorized capital of Dr Shet Magnetics Private Limited is ₹0.20 M, and the paid-up capital is ₹0.19 M.

What is the compliance status of Dr Shet Magnetics Private Limited?

The compliance status of Dr Shet Magnetics Private Limited is Compliant.

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