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 26 cases involving the company, including 10 filed by the company and 15 filed against it; 3 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 of Pradeep Shetye Private Limited
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
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address117 – M P Road Ganganath Krupamazgaon, Mumbai, Maharashtra, India – 400010
- IndustryChemicals and Materials, Industrial Chemicals
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Business Activity of Pradeep Shetye Private Limited
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 | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Pradeep Shetye Private Limited FY 2025 filings available
Pradeep 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) of Pradeep Shetye Private Limited
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 of Pradeep Shetye Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹39.33 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹13.47 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 of Pradeep Shetye Private Limited
| 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) | •••• | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Pradeep Shetye are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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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 7 Months | Current |
| Kailas Vitthal Patil | Director | 26 Sep 1992 | 34 Years 0 Months | Current |
| Maitrayee Shetye | Additional Director | 01 Mar 2023 | 3 Years 7 Months | Current |
Peer Comparison of Pradeep Shetye Private Limited
Pradeep Shetye Private Limited is compared with the companies closest to it by revenue in the Chemicals industry (Industrial Chemicals). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Boisur Chemicals Private Limited | ₹13.24 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | Mumbai, Maharashtra, India |
| Anaga Specialities Private Limited | ₹13.23 Cr (FY 2024) | •••• | •••• | -37.0% | •••• | Mumbai, Maharashtra, India |
| Aanya Chemicals and Silicones Private Limited | ₹13.2 Cr (FY 2025) | •••• | •••• | 126.0% | •••• | Ghaziabad, Uttar Pradesh, 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 Limited this company | ₹13.07 Cr (FY 2024) | •••• | •••• | 105.0% | •••• | Mumbai, Maharashtra, India |
| SKG Metallurgicals Private Limited | ₹13.05 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | Nagpur, 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 |
| Klinker Chem India Private Limited | ₹12.92 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Kozhikode, Kerala, India |
Peers are the five companies nearest above and the five nearest below Pradeep Shetye by revenue in the Chemicals industry (Industrial Chemicals), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Pradeep Shetye Private Limited
Pradeep Shetye Private Limited is audited by SPP ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SPP ASSOCIATES | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Pradeep Shetye Private Limited
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Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Pradeep Shetye Private Limited
Open charges
₹1.64 Cr
Satisfied charges
₹5.65 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Oct 2023 | Yes Bank Limited | ₹60 Lakh | Open |
| 19 Apr 2023 | Yes Bank Limited | ₹60 Lakh | Open |
| 17 Feb 1984 | The Maharashtra State Financial Corp. | ₹19.5 Lakh | Open |
| 30 Sep 1983 | The Maharashtra State Financial Corp. | ₹12 Lakh | Open |
| 30 Sep 1983 | The Maharashtra State Financial Corp. | ₹12 Lakh | Open |
Total charge records: 13 View all charges
Legal Cases of Pradeep Shetye Private Limited
Pradeep Shetye Private Limited has 26 court cases on record: 10 filed by Pradeep Shetye, 15 filed against it, 1 where it is another party. 3 cases are pending and 23 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Total cases
26
Filed by the company
10
Filed against the company
15
Pending
3
Disposed
23
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 15 | 7 | 0 |
| District courts | 11 | 8 | 3 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Commercial suit | Filed against the company by Seagull Chemicals Private Limited | Pending |
| District court, Raigad, Maharashtra | Civil suit | Filed by the company against Atlantis Lifesciences Private Limited | Pending |
| Bombay High Court | Writ petition | Filed against the company by Atlantis Lifesciences Private Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Hermes Travel and Cargo Private Limited | Disposed |
| Bombay High Court | Company petition | Filed by the company against Aren Sourcing Private Limited | Disposed |
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Full case history
All 26 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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Employees and EPFO Compliance at Pradeep Shetye Private Limited
Employment history and EPFO contributions of people linked to Pradeep Shetye.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Pradeep Shetye Private Limited
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 listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Pradeep Shetye Private Limited
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Credit ratings, litigation, and regulatory alerts
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MSME Payment Delays by Pradeep Shetye Private Limited
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Subsidiaries & Group Companies of Pradeep Shetye Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Pradeep Shetye Private Limited
Pradeep Shetye has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACP7742B1ZM | Maharashtra | Active | 01 Jul 2017 |
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MCA Filings & Documents of Pradeep Shetye Private Limited
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MCA filings and documents
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Frequently Asked Questions about Pradeep Shetye Private Limited
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 reported revenue of ₹13.07 Cr for FY 2024 (up 105% YoY).
Pradeep Shetye has 3 current directors:
- Pradeep Sakharam Shetye - Director
- Kailas Vitthal Patil - Director
- Maitrayee Shetye - Additional Director
Pradeep Shetye reported a net profit of ₹13.47 Lakh (net margin 1%) and EBITDA of ₹39.33 Lakh (EBITDA margin 3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Pradeep Shetye is 11% over three years and 4% over five years. In the latest year (FY 2024) revenue rose 105%. CAGR is the steady yearly rate that links the first and the last year.
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 26 court cases on record: 10 filed by the company and 15 filed against it. 3 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, Anaga Specialities Private Limited, Aanya Chemicals and Silicones Private Limited, Sigma Solvents Private Limited, Vim Dyechem Pvt Ltd and 5 more, all in the Chemicals industry (Industrial Chemicals).
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.