About Lava Cast Private Limited
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Lava Cast Private Limited is a private limited company based in Panchmahal, Gujarat, India, a subsidiary of Setco Automotive Limited. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 13 May 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27205GJ2011PTC100777. Its GSTIN is 24AACCL0357Q1ZA (Gujarat). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹137 Cr and a paid-up capital of ₹130.56 Cr. It is led by directors including Suresh Shanbhogue and Vijay Kalra.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Alindra Village Vadodara Godhra Highway Kalol, Panchmahal, Gujarat, India – 389330.
As per the financials filed for FY 2025, the company reported a revenue of ₹89.33 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net loss of ₹15.76 Cr (net margin -17.6%) and EBITDA of ₹6.09 Cr (EBITDA margin 6.8%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years.
The company has about 283 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Setco Auto Systems and LavaCast. As per MCA filings, the company has open charges of ₹228.32 Cr on record. Court records list 19 cases involving the company, including 3 filed by the company and 16 filed against it; 1 case is pending. The company has 10 deals on record (3 funding rounds, 3 rights issues, 3 secondary share transfers), with disclosed funding of ₹108.87 Cr; the latest was in December 2020. Its 7 peer companies in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products) are compared by revenue, 3 larger and 4 smaller; the largest is Ahmednagar Alloys Private Limited with revenue of ₹90.1 Cr. The company has 8 MSME Form 1 returns on record between 2019 and 2023, listing 806 overdue payments to 47 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lavacast.in.
Company details
CIN history
Lava Cast has one previous CIN (Corporate Identification Number): U27205MH2011PTC217467. The current CIN is U27205GJ2011PTC100777, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27205GJ2011PTC100777 | Current |
| U27205MH2011PTC217467 | Previous |
Contact details
Lava Cast Private Limited's registered office is in Panchmahal, Gujarat. Its website is lavacast.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressAlindra Village Vadodara Godhra Highway Kalol, Panchmahal, Gujarat, India – 389330
- IndustryManufacturing, Die Casting & Metal Forming
To see the full contact details of Lava Cast Private Limited, buy the company report.
- 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
Brands
Lava Cast operates two associated brands: Setco Auto Systems and LavaCast. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Clutch components and flywheels for commercial vehicles are manufactured. | setcoauto.com | |
| Machined grey and spheroidal graphite cast iron components are produced. | lavacast.in |
Business activity
The main business activity of Lava Cast is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Lava Cast Private Limited, buy the company report.
Financials of Lava Cast Private Limited
FY 2025 filings availableLava Cast Private Limited reported revenue of ₹89.33 Cr (up 29% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 26% over three years, including 29% growth 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹6.09 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹15.76 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.8% | ||||
| Net Profit Margin | -17.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Lava Cast Private Limited, buy the company report.
Board of directors and KMP of Lava Cast Private Limited
Lava Cast Private Limited currently reports 4 directors and 2 key managerial personnel. 19 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hirenkumar Popatbhai Vala Also directs: Setco Automotive Limited, Fourstyle International Private Limited | Company Secretary | 01 Jan 2021 | 5 Years 9 Months | Current |
| Suresh Shanbhogue Also directs: Setco Automotive Limited, Info Tech Corporation of Goa Limited | Director | 26 Dec 2024 | 1 Years 10 Months | Current |
| Vijay Kalra | Director | 12 Nov 2024 | 1 Years 11 Months | Current |
| Deepak Shrikrishna Diwan | Director | 11 Jul 2024 | 2 Years 3 Months | Current |
| Anurag Jain | Cfo | 04 Jun 2025 | 1 Years 4 Months | Current |
| Udit Harish Sheth Also directs: Setco Automotive Limited, Shilayan Global Private Limited, Shilayan Auto Private Limited and 5 more | Director | 15 Jun 2013 | 13 Years 4 Months | Current |
Peer comparison
Lava Cast Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ahmednagar Alloys Private Limited | ₹90.1 Cr (FY 2022) | 83.0% | Ahmednagar, Maharashtra, India | |||
| Harihar Alloys Private Limited | ₹90.02 Cr (FY 2022) | 1.0% | Tiruchirappalli, Tamil Nadu, India | |||
| Deccan Die Castings Private Limited | ₹89.81 Cr (FY 2025) | -35.0% | Bangalore, Karnataka, India | |||
| Lava Cast Private Limitedthis company | ₹89.33 Cr (FY 2025) | -₹15.76 Cr | -17.6% | 29.0% | 283 | Panchmahal, Gujarat, India |
| Dhandapani Steel Private Limited | ₹88.69 Cr (FY 2025) | -6.0% | Perundurai, Tamil Nadu, India | |||
| Malati Founders Private Limited | ₹87.99 Cr (FY 2025) | 3.0% | Kolhapur, Maharashtra, India | |||
| Veeyes Foundry Private Limited | ₹87.15 Cr (FY 2023) | 56.0% | Coimbatore, Tamil Nadu, India | |||
| Shree Hans Alloys Limited | ₹86.89 Cr (FY 2024) | 19.0% | Dholka, Gujarat, India |
To see the full peer comparison of Lava Cast Private Limited, buy the company report.
Auditor
Lava Cast Private Limited is audited by SHARP & TANNAN ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHARP & TANNAN ASSOCIATES | FY 2023 | 0109983W |
Shareholding
The shareholding of Lava Cast Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Lava Cast Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Dec 2020 | 100410217 | Others | ₹32.08 Cr | Open | |
| 18 Sep 2014 | 10524462 | Others | ₹98.12 Cr | Open | |
| 08 Aug 2014 | 10514914 | Others | ₹98.12 Cr | Open |
To see the full charge records of Lava Cast Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Lava Cast Private Limited has 10 deals on record (3 funding rounds, 3 rights issues, 3 secondary share transfers), with disclosed funding of ₹108.87 Cr; the latest was in December 2020.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2020 | Funding round | ₹20 Cr | Investors: Setco Automotive Limited |
| Mar 2018 | Rights issue | ₹19 Cr | Investors: Setco Automotive Limited |
| Mar 2018 | Secondary share transfer | Undisclosed | Seller: Setco Automotive Limited |
| Feb 2018 | Rights issue | ₹24.25 Cr | Investors: Setco Automotive Limited |
| Mar 2016 | Rights issue | ₹32.76 Cr | Investors: Setco Automotive Limited , an individual |
To see the full deal history of Lava Cast Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Lava Cast Private Limited has 19 court cases on record: 3 filed by Lava Cast, 16 filed against it. 1 case is pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 15 | 1 |
| High courts | 2 | 0 | 0 |
| NCLT | 2 | 1 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Ahmedabad | Insolvency matter | Filed against the company by The Bank of Baroda Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Ashapura International Limited Through Ashish Shelar | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Kay Bee Foundry Services Pvt. Ltd. Through Vijay Kishan Mahipal | Disposed |
| High Court, MAHARASHTRA | Court case (S) | Filed by the company against STT Global Data Centres India Private Limited and 4 Ors and 4 others | Disposed |
| High Court, MAHARASHTRA | Court case (APP) | Filed by the company against STT Global Data Centres India Private Limited and 4 Ors and 4 others | Disposed |
To see the full case history of Lava Cast Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Lava Cast Private Limited was last rated by Care on 05 Aug 2025.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 05 Aug 2025 |
To see the full credit ratings and regulatory alerts of Lava Cast Private Limited, buy the company report.
MSME payment delays
Lava Cast Private Limited has 8 MSME Form 1 returns on record between 2019 and 2023, listing 806 overdue payments to 47 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 47)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Champion Trading Company | |||
| Nesco Limited | |||
| Samir Industries |
To see the full MSME payment records of Lava Cast Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Lava Cast Private Limited has a workforce of 283 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Lava Cast has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCL0357Q1ZA | Gujarat | Active | 01 Jul 2017 |
| 24AACCL0357Q1DJ | Gujarat | Active | 27 Nov 2024 |
To see the full GST registrations and return filing status of Lava Cast Private Limited, buy the company report.
Recent activity
Lava Cast Private Limited has 22 board changes on record since 2012: 6 appointments and 16 cessations. The latest: Suresh Shanbhogue ceased to be Additional Director on 24 Sep 2025.
18 earlier events are in the company report.
News
Frequently asked questions
Lava Cast is an active private limited company based in Panchmahal, Gujarat, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 13 May 2011 (15+ years old) and is registered under CIN U27205GJ2011PTC100777.
Lava Cast has 6 current directors and KMP:
- Suresh Shanbhogue - Director
- Vijay Kalra - Director
- Deepak Shrikrishna Diwan - Director
- Udit Harish Sheth - Director
- Hirenkumar Popatbhai Vala - Company Secretary
- Anurag Jain - Cfo
The latest financial statements of Lava Cast on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Lava Cast is 24AACCL0357Q1ZA, registered in Gujarat. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 24AACCL0357Q1DJ (Gujarat).
The CIN (Corporate Identification Number) of Lava Cast is U27205GJ2011PTC100777. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lava Cast has 19 court cases on record: 3 filed by the company and 16 filed against it. 1 is pending. Most are in the district courts.
Lava Cast was incorporated on 13 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Lava Cast has 10 deals on record (3 funding rounds, 3 rights issues, 3 secondary share transfers), with disclosed funding of ₹108.87 Cr; the latest was in December 2020.
The peers of Lava Cast by revenue are Ahmednagar Alloys Private Limited, Harihar Alloys Private Limited, Deccan Die Castings Private Limited, Dhandapani Steel Private Limited, Malati Founders Private Limited and 2 more, all in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products).
Suresh Shanbhogue ceased to be Additional Director on 24 Sep 2025. Vijay Kalra ceased to be Additional Director on 24 Sep 2025. Anurag Jain was appointed as CFO on 04 Jun 2025. Lava Cast has 22 board changes on record in total.
Lava Cast has 8 MSME Form 1 returns on record between 2019 and 2023, listing 806 overdue payments to 47 micro and small suppliers. The latest return was filed on 20 Oct 2023.
Lava Cast can be reached through the website lavacast.in. Its registered office is in Panchmahal, Gujarat, India.