MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0123470
Pradeep Shetye Private Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹13.07 Cr
▲ 105% YoY
Net profit · FY 2024
₹13.47 Lakh
Net margin 1%
EBITDA · FY 2024
₹39.33 Lakh
EBITDA margin 3%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹1.64 Cr
Satisfied ₹5.65 Cr
Company age
46 yrs
Est. 1980
Directors on board
3
As per MCA filings
About Pradeep Shetye Private Limited
Data last updated:
Pradeep Shetye Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 26 February 1980 and has been in existence for over 46 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH1980PTC022264. Its GSTIN is 27AAACP7742B1ZM (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Pradeep Sakharam Shetye and Kailas Vitthal Patil.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 117 – M P Road Ganganath Krupamazgaon, Mumbai, Maharashtra, India – 400010.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.07 Cr, a growth of 105% compared to the previous year. For the same year it recorded a net profit of ₹13.47 Lakh (net margin 1%) and EBITDA of ₹39.33 Lakh (EBITDA margin 3%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹1.64 Cr and satisfied charges of ₹5.65 Cr on record. Court records list 27 cases involving the company, including 11 filed by the company and 16 filed against it; 4 cases are pending.
Pradeep Shetye Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0123470). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pradeepshetyepvtltd.com.
Company details
CIN U24100MH1980PTC022264
Registration Number 022264
Incorporation Date 26 February 1980
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0123470
Key People
Pradeep Sakharam Shetye Director Kailas Vitthal Patil Director Maitrayee Shetye Additional Director Recognitions & Rankings of Pradeep Shetye
Contact details
Pradeep Shetye Private Limited's registered office is in Mumbai, Maharashtra. Its website is pradeepshetyepvtltd.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address117 – M P Road Ganganath Krupamazgaon, Mumbai, Maharashtra, India – 400010
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Pradeep Shetye Private Limited, buy the company report.
Comprehensive company report
Pradeep Shetye 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 Pradeep Shetye is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Pradeep Shetye Private Limited, buy the company report.
Financials of Pradeep Shetye Private Limited
FY 2025 filings availablePradeep Shetye Private Limited reported revenue of ₹13.07 Cr (up 105% YoY) for FY 2024.
Revenue · FY 2024
₹13.07 Cr ▲ 105%
Net profit · FY 2024
₹13.47 Lakh margin 1%
EBITDA · FY 2024
₹39.33 Lakh margin 3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 105%
3 years · compounded
▲ 11%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▲ 51%
3 years · compounded
▲ 4%
5 years · compounded
▲ 5%
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 105% growth in the latest year. EBITDA rose 51% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹39.33 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.47 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3% | ||||
| Net Profit Margin | 1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Pradeep Shetye Private Limited, buy the company report.
Board of directors of Pradeep Shetye Private Limited
Pradeep Shetye has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradeep Sakharam Shetye | Director | 26 Feb 1980 | 46 Years 8 Months | Current |
| Kailas Vitthal Patil | Director | 26 Sep 1992 | 34 Years 1 Months | Current |
| Maitrayee Shetye | Additional Director | 01 Mar 2023 | 3 Years 7 Months | Current |
Peer comparison
Pradeep Shetye Private Limited is compared with the 6 companies closest to it by revenue in the Chemicals industry (Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Boisur Chemicals Private Limited | ₹13.24 Cr (FY 2024) | 3.0% | Mumbai, Maharashtra, India | |||
| Sigma Solvents Private Limited | ₹13.19 Cr (FY 2017) | -5.0% | Mumbai, Maharashtra, India | |||
| Vim Dyechem Pvt Ltd | ₹13.17 Cr (FY 2025) | 18.0% | Ahmedabad, Gujarat, India | |||
| Pradeep Shetye Private Limitedthis company | ₹13.07 Cr (FY 2024) | ₹13.47 Lakh | 1% | 105.0% | Mumbai, Maharashtra, India | |
| Shamlax Meta Chem Private Limited | ₹13.04 Cr (FY 2025) | 13.0% | Nagpur, Maharashtra, India | |||
| Zephyr Synthesis Pvt Ltd | ₹12.97 Cr (FY 2024) | 36.0% | Tal Khambhat, Gujarat, India | |||
| HBN Chemicals Private Limited | ₹12.96 Cr (FY 2025) | -11.0% | Kota, Rajasthan, India |
To see the full peer comparison of Pradeep Shetye Private Limited, buy the company report.
Auditor
Pradeep Shetye Private Limited is audited by SPP ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SPP ASSOCIATES | FY 2023 | 322862E |
Shareholding
The shareholding of Pradeep Shetye 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 Pradeep Shetye Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.64 Cr
Satisfied charges
₹5.65 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Oct 2023 | 100803157 | Yes Bank Limited | ₹60 Lakh | Open | |
| 19 Apr 2023 | 100767258 | Yes Bank Limited | ₹60 Lakh | Open | |
| 17 Feb 1984 | 90237823 | The Maharashtra State Financial Corp. | ₹19.5 Lakh | Open | |
| 30 Sep 1983 | 90233213 | The Maharashtra State Financial Corp. | ₹12 Lakh | Open | |
| 30 Sep 1983 | 90237822 | The Maharashtra State Financial Corp. | ₹12 Lakh | Open |
To see the full charge records of Pradeep Shetye Private Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Pradeep Shetye Private Limited has 27 court cases on record: 11 filed by Pradeep Shetye, 16 filed against it. 4 cases are pending and 23 are disposed.
Total cases
27
Filed by the company
11
Filed against the company
16
Pending
4
Disposed
23
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 15 | 7 | 0 |
| District courts | 12 | 9 | 4 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Commercial suit | Filed against the company by M/S Seagull Chemicals Private Limited Through Pramod Devidas Patil | Pending |
| District court, Raigad, Maharashtra | Civil suit | Filed by the company against Unity Pharma Pvt. Ltd. Though Director Nitin K Muchhala and 4 others | Pending |
| Bombay High Court | Writ petition | Filed against the company by Unity Pharma Pvt. Ltd. and Ors | Disposed |
| Bombay High Court | Company petition | Filed by the company against M/S Aren Pharma- Care Pvt. Ltd. | Disposed |
| Bombay High Court | Court case (SS) | Filed against the company by Sky-Bio Pharma (India) Ltd. | Disposed |
To see the full case history of Pradeep Shetye 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Pradeep Shetye Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pradeep Shetye has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACP7742B1ZM | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pradeep Shetye Private Limited, buy the company report.
Recent activity
Pradeep Shetye Private Limited has 3 board changes on record since 1980: 3 appointments. The latest: Maitrayee Shetye was appointed as Additional Director on 01 Mar 2023.
AGM
Pradeep Shetye Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Pradeep Shetye Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Yes Bank Limited amounted to Rs. 0.60 Cr with Charge ID 100803157 was registered on 19 Oct 2023.
Charges
A charge with Yes Bank Limited amounted to Rs. 0.60 Cr with Charge ID 100767258 was registered on 19 Apr 2023.
Appointed
Maitrayee Shetye was appointed as Additional Director.
Charges
A charge registered on 19 May 2004 via Charge ID 90237620 with Bank Of India was fully satisfied on 12 Oct 2018.
Charges
A charge registered on 18 Mar 2002 via Charge ID 90237479 with Bank Of India was fully satisfied on 12 Oct 2018.
Charges
A charge registered on 18 Mar 2002 via Charge ID 90232804 with Bank Of India was fully satisfied on 12 Oct 2018.
Charges
A charge registered on 07 Oct 1999 via Charge ID 90237331 with Bank Of India was fully satisfied on 12 Oct 2018.
Charges
A charge registered on 09 Jul 1984 via Charge ID 90233255 with Bank Of India was fully satisfied on 12 Oct 2018.
Charges
A charge registered on 10 Nov 1982 via Charge ID 90233177 with Bank Of India was fully satisfied on 12 Oct 2018.
Charges
A charge registered on 05 Nov 1982 via Charge ID 90233175 with Bank Of India was fully satisfied on 12 Oct 2018.
20 earlier events are in the company report.
Frequently asked questions
Pradeep Shetye is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 26 February 1980 (46+ years old) and is registered under CIN U24100MH1980PTC022264.
Pradeep Shetye has 3 current directors:
- Pradeep Sakharam Shetye - Director
- Kailas Vitthal Patil - Director
- Maitrayee Shetye - Additional Director
The latest financial statements of Pradeep Shetye on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Pradeep Shetye is 27AAACP7742B1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of Pradeep Shetye is U24100MH1980PTC022264. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pradeep Shetye has 27 court cases on record: 11 filed by the company and 16 filed against it. 4 are pending. Most are in the high courts.
Pradeep Shetye was incorporated on 26 February 1980, making it 46+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Pradeep Shetye by revenue are Boisur Chemicals Private Limited, Sigma Solvents Private Limited, Vim Dyechem Pvt Ltd, Shamlax Meta Chem Private Limited, Zephyr Synthesis Pvt Ltd and 1 more, all in the Chemicals industry (Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Maitrayee Shetye was appointed as Additional Director on 01 Mar 2023. Kailas Vitthal Patil was appointed as Director on 26 Sep 1992. Pradeep Sakharam Shetye was appointed as Director on 26 Feb 1980.
Yes, Pradeep Shetye is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0123470).
Pradeep Shetye can be reached through the website pradeepshetyepvtltd.com. Its registered office is in Mumbai, Maharashtra, India.