Setco Auto Systems Private Limited - Company Profile

It is a automotive private limited company based in Kalol, Gujarat, India, established in 2010.

2010 Kalol, Gujarat, India Active

Last Updated: January 11, 2026

About Setco Auto Systems Private Limited

Setco Auto Systems Private Limited, a active private limited company, was established on 30 October 2010 in Kalol, Gujarat, India. Engaging in auto parts & components within the manufacturing sector, it holds CIN: U35100GJ2010PTC062770. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹7.10 Cr and a paid-up capital of ₹8.74 M.

Formerly known as Transstadia Sport Sciences Private Limited. It upholds a compliant status. Employing 859 professional, Its leadership includes Shitij Ramesh Kale (Nominee Director), Pravin Nagindas Shah (Director), Vijay Kalra (Additional Director). Past directors included Vishal Kumar Gupta, Ashwani Maheshwari, Mrinal Chandran. It holds ₹585.00 Cr open charges and no settled loans. Its latest AGM occurred on 25 September 2025, with the balance sheet filed on 31 March 2025. It is based at Baroda Godhra Highway Kalol (Panchmahal), Kalol, Gujarat, 389330.

Company Details

CIN/LLPIN
U35100GJ2010PTC062770
Registration Number
062770
Incorporation Date
30 October 2010
Authorized Capital
₹7.10 Cr
Paid-Up Capital
₹8.74 M
ROC Code
Roc Ahmedabad
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 7.10 Cr as on 11-01-2026
Paid Up Capital ₹ 8.74 M as on 11-01-2026
Company Age 15 Year, 5 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 585.00 Cr as on 11-01-2026
Revenue Growth **** 81.40% (FY 2023)
Profit Growth **** -20.98% (FY 2023)
Ebitda **** 153.08% (FY 2023)
Net Worth -82.42% (FY 2023)
Total Assets -18.20% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Setco Auto Systems Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report

Who are the key members and board of directors at Setco Auto Systems Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Shitij Ramesh Kale	Nominee Director	17 Oct 2022	Current
Pravin Nagindas Shah	Director	20 Sep 2021	Current
Vijay Kalra	Additional Director	04 Dec 2024	Current
Udit Harish Sheth	Whole-Time Director	30 Oct 2010	Current
Harish Sheth Kiritbhai	Managing Director	30 Oct 2010	Current
Neeraj Kumar Singhal	Additional Director	01 Jan 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Nominee Director	22 Sep 2022	Past
Pramod Abcsdd	Nominee Director	19 Feb 2024	Past
Pramod Abcsdd	Additional Director	12 May 2024	Past
Pramod Abcsdd	Additional Director	09 Nov 2022	Past
Pramod Abcsdd	Additional Director	29 Sep 2021	Past
Pramod Abcsdd	Ceo	-	Past

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Financial Performance of Setco Auto Systems.

Setco Auto Systems Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 81.4% increase. The company also saw a substantial fall in profitability, with a 20.98% decrease in profit. The company's net worth observed a substantial decline by a decrease of 82.42%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

81.40%

*******

Revenue from Operations

*******

81.25%

*******

Total Assets

*******

-18.20%

*******

Profit or Loss

*******

-20.98%

*******

Net Worth

*******

-82.42%

*******

EBITDA

*******

153.08%

*******

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What is the Ownership and Shareholding Structure of Setco Auto Systems?

In 2023, Setco Auto Systems had a promoter holding of 81.25% and a public holding of 18.75%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹5,850,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

Others : 585.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
19 Jul 2024	Others	₹20.00 Cr	Open
08 Sep 2021	Others	₹350.00 Cr	Open
08 Sep 2021	Others	₹215.00 Cr	Open

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How Many Employees Work at Setco Auto Systems?

Setco Auto Systems has a workforce of 859 employees as of Mar 21, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Setco Auto Systems, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Setco Auto Systems's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Setco Auto Systems

Recent Activity within the Organization

Annual General Meeting

Setco Auto Systems Private Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records. was recorded as a recent event.
25 Sep 2025
Director Appointment

Progress on Anurag Jain was appointed as a Cfo was appointed as a Cfo on 11 Jun 2025 & has been associated with this company since 9 months 20 days . was documented.
11 Jun 2025
Balance Sheet

Progress on Setco Auto Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was documented.
31 Mar 2025
Director Appointment

Progress on Neeraj Kumar Singhal was appointed as a Ceo was appointed as a Ceo on 09 Jan 2025 & has been associated with this company since 1 year 2 months . was documented.
09 Jan 2025
Director Appointment

The activity Neeraj Kumar Singhal was appointed as a Additional Director was appointed as a Additional Director on 01 Jan 2025 & has been associated with this company since 1 year 2 months . was completed.
01 Jan 2025
Director Appointment

The activity Vijay Kalra was appointed as a Additional Director was appointed as a Additional Director on 04 Dec 2024 & has been associated with this company since 1 year 3 months . was completed.
04 Dec 2024

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