About Phiroze Sethna Private Limited
Data last updated:
Phiroze Sethna Private Limited was a private limited company based in Navi Mumbai, Maharashtra, India, operated as a subsidiary of Chembond Chemicals Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the auto parts and components segment of the automotive sector. It was incorporated on 24 June 1975.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U25209MH1975PTC018396. Its GSTIN is 27AAACP6098G1Z5 (Maharashtra).
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4 Lakh. It was led by directors including Sameer Vinod Shah and Nirmal Vinod Shah.
Its last annual general meeting (AGM) was held on 21 July 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Chembond Centre El – 71 MIDC Mahape, Navi Mumbai, Maharashtra, India – 400710.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.21 Cr, a growth of 42% compared to the previous year. For the same year it recorded a net profit of ₹4.81 Cr (net margin 66.8%) and EBITDA of ₹5.72 Cr (EBITDA margin 79.3%). Revenue has declined at a compounded annual rate (CAGR) of 28% over three years and 21% over five years.
The company had about 19 employees on its provident fund (EPFO) records before it was dissolved. Its group structure included 1 subsidiary.
As per MCA filings, the company had satisfied charges of ₹1.5 Cr on record. Court records list 8 cases involving the company, including 5 filed by the company and 3 filed against it. The company has 1 deal on record (1 acquisition); the latest was in November 2017. The company has 8 MSME Form 1 returns on record between 2020 and 2023, listing 89 overdue payments to 12 micro and small suppliers.
The last known website on record is phirol.com.
Company details
Contact details
Phiroze Sethna Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is phirol.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressChembond Centre El – 71 MIDC Mahape, Navi Mumbai, Maharashtra, India – 400710
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Phiroze Sethna 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
Business activity
The main business activity of Phiroze Sethna 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 Phiroze Sethna Private Limited, buy the company report.
Financials of Phiroze Sethna Private Limited
FY 2024 filings availablePhiroze Sethna Private Limited reported revenue of ₹7.21 Cr (up 42% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 42% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 21%. EBITDA rose 290% 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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| EBITDA | ₹5.72 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.81 Cr | ||||
| Balance Sheet | |||||
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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 | 79.3% | ||||
| Net Profit Margin | 66.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Phiroze Sethna Private Limited, buy the company report.
Board of directors of Phiroze Sethna Private Limited
Phiroze Sethna has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sameer Vinod Shah Also directs: Chembond Chemicals Limited, Chembond Material Technologies Limited, Visan Holdings Private Limited and 3 more | Director | 17 Nov 2017 | 8 Years 11 Months | As last reported |
| Nirmal Vinod Shah Also directs: Chembond Chemicals Limited, Chembond Material Technologies Limited, Chembond Water Technologies Limited and 5 more | Director | 17 Nov 2017 | 8 Years 11 Months | As last reported |
| Rashmi Sameer Gavli Also directs: Chembond Biosciences Limited | Director | 27 Nov 2017 | 8 Years 11 Months | As last reported |
| Mahendra Kalyanji Ghelani | Director | 17 Nov 2017 | 8 Years 11 Months | As last reported |
Auditor
Phiroze Sethna Private Limited is audited by Kastury & Talati for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kastury & Talati | FY 2023 | 104908W |
Shareholding
The shareholding of Phiroze Sethna 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 Phiroze Sethna Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 May 2007 | 10054162 | Others | ₹1.5 Cr | Satisfied |
To see the full charge records of Phiroze Sethna Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Phiroze Sethna Private Limited has 1 deal on record (1 acquisition); the latest was in November 2017.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2017 | Acquisition | Undisclosed | Buyer: Chembond Material Technologies Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Phiroze Sethna Private Limited has 8 court cases on record: 5 filed by Phiroze Sethna, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 2 | 0 |
| District courts | 2 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (COP) | Filed by the company against Autolite India Ltd | Disposed |
| High Court | Court case (COAP) | Filed by the company against Autolite India Ltd | Disposed |
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against an individual | Disposed |
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against individuals | Disposed |
| Supreme Court | Court case (1008-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Appeals u/s 15 Z of Securities and Exchange Board of India Act, 1992.) | Filed against the company by Adj.Offr,Sec. Board of India, An Authority Constituted Under the Sebi Act, 1992, Through Its Legal Officer Mittal Court, B Wing, Nariman Point, , District: Mumbai ,Mumbai , Maharashtra | Disposed |
To see the full case history of Phiroze Sethna 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
Phiroze Sethna Private Limited has 8 MSME Form 1 returns on record between 2020 and 2023, listing 89 overdue payments to 12 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 12)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Premier Lubricants Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Jyoti Global Plast Limited |
To see the full MSME payment records of Phiroze Sethna Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Phiroze Sethna has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Gramos Chemicals India Private Limited | U99999MH1985PTC035486 |
To see the full group structure of Phiroze Sethna Private Limited, buy the company report.
Employees & EPFO
Phiroze Sethna Private Limited has a workforce of 19 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Phiroze Sethna has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACP6098G1Z5 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Phiroze Sethna Private Limited, buy the company report.
Recent activity
Phiroze Sethna Private Limited has 14 board changes on record since 1975: 9 appointments and 5 cessations. The latest: Sharad Kashinath Wagle ceased to be Director on 01 Dec 2022.
8 earlier events are in the company report.
Frequently asked questions
Phiroze Sethna has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Phiroze Sethna was a private limited company based in Navi Mumbai, Maharashtra, India. The company worked in auto parts and components, within the automotive industry. It was incorporated on 24 June 1975 and is registered under CIN U25209MH1975PTC018396. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Phiroze Sethna was incorporated on 24 June 1975. It is registered with the Registrar of Companies, Mumbai.
Phiroze Sethna had 4 directors:
- Sameer Vinod Shah - Director
- Nirmal Vinod Shah - Director
- Rashmi Sameer Gavli - Director
- Mahendra Kalyanji Ghelani - Director
The CIN (Corporate Identification Number) of Phiroze Sethna is U25209MH1975PTC018396. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Phiroze Sethna is at Chembond Centre El – 71 MIDC Mahape, Navi Mumbai, Maharashtra, India – 400710.
Phiroze Sethna can be reached through the website phirol.com. Its registered office is in Navi Mumbai, Maharashtra, India.
The latest financial statements of Phiroze Sethna on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 21 July 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Phiroze Sethna is 27AAACP6098G1Z5, registered in Maharashtra.
Phiroze Sethna operated in the automotive industry, in the auto parts and components segment.
Phiroze Sethna has 1 deal on record (1 acquisition); the latest was in November 2017.
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