- Category
- Micro (2021-22)
- Udyam number
- UDYAM-KR-03-0092295

About Setec Gas Projects Private Limited
Data last updated:
Setec Gas Projects Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the clean energy solutions segment of the environmental services sector. It was incorporated on 23 June 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U40107KA2021PTC148694.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Venkatesh Rao and Parvathi Bai.
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 155/A 13th B Main Gokul 1st Stage 1st Phase Mathikere, Bangalore, Karnataka, India – 560054.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.79 Cr, a growth of 73% compared to the previous year. For the same year it recorded a net profit of ₹12.87 Lakh (net margin 3.4%) and EBITDA of ₹32.54 Lakh (EBITDA margin 8.6%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years.
The company has about 25 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15 Lakh on record. Court records list 2 cases involving the company, including 2 filed by the company.
Setec Gas Projects Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0092295). For more details, the company can be reached via its website setecgas.com.
Company details
Recognitions & Rankings of Setec Gas Projects
Contact details
Setec Gas Projects Private Limited's registered office is in Bangalore, Karnataka.
- Apps
- Registered Address155/A 13th B Main Gokul 1st Stage 1st Phase Mathikere, Bangalore, Karnataka, India – 560054
- IndustryEnvironment, Clean Energy Solutions
- 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
Business activity
The main business activity of Setec Gas Projects is electricity, gas, steam and air conditioning supply. In detail, this covers electricity, gas, steam and air conditioning supply.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air conditioning supply | 35 | Electricity, gas, steam and air conditioning supply |
To see the full business activity and turnover split of Setec Gas Projects Private Limited, buy the company report.
Financials of Setec Gas Projects Private Limited
FY 2025 filings availableSetec Gas Projects Private Limited reported revenue of ₹3.79 Cr (up 73% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 32% over three years, including 73% growth in the latest year. EBITDA rose 43% 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 |
|---|---|---|---|---|
| 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 | ₹32.54 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹12.87 Lakh | |||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 8.6% | |||
| Net Profit Margin | 3.4% | |||
| 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 Setec Gas Projects Private Limited, buy the company report.
Board of directors of Setec Gas Projects Private Limited
Setec Gas Projects has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkatesh Rao | Director | 23 Jun 2021 | 5 Years 4 Months | Current |
| Parvathi Bai | Director | 23 Jun 2021 | 5 Years 4 Months | Current |
| Tejas Venkatesh Rao | Director | 20 Sep 2021 | 5 Years 1 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jan 2022 | 100541909 | Others | ₹15 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Setec Gas Projects Private Limited has 2 court cases on record: 2 filed by Setec Gas Projects. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Interim or miscellaneous application | Filed by the company against M/S Mahendra 5Ive Pillars LLP | Disposed |
| District court, BENGALURU RURAL, Karnataka | Court case (Com.A.A.) | Filed by the company against Mahendra M5ive Kpillars LLP | Disposed |
To see the full case history of Setec Gas Projects 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 Setec Gas Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Setec Gas Projects Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Setec Gas Projects Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Tejas Venkatesh Rao was appointed as Director on 20 Sep 2021.
Frequently asked questions
Setec Gas Projects is an active private limited company based in Bangalore, Karnataka, India. The company works in clean energy solutions, within the environment industry. It was incorporated on 23 June 2021 (5+ years old) and is registered under CIN U40107KA2021PTC148694.
Setec Gas Projects has 3 current directors:
- Venkatesh Rao - Director
- Parvathi Bai - Director
- Tejas Venkatesh Rao - Director
The latest financial statements of Setec Gas Projects 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 FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Setec Gas Projects is U40107KA2021PTC148694. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Setec Gas Projects has 2 court cases on record: 2 filed by the company. Most are in the district courts.
Setec Gas Projects was incorporated on 23 June 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Tejas Venkatesh Rao was appointed as Director on 20 Sep 2021. Parvathi Bai was appointed as Director on 23 Jun 2021. Venkatesh Rao was appointed as Director on 23 Jun 2021.
Yes, Setec Gas Projects is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0092295).
Setec Gas Projects can be reached through the website setecgas.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Setec Gas Projects is at 155A 13th B Main Gokul 1st Stage 1st Phase Mathikere, Bangalore, Karnataka, India – 560054.