MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-KR-03-0092295
Setec Gas Projects Private Limited - environment in Bangalore, Karnataka, India. Directors, charges & compliance details.
Revenue · FY 2025
₹3.79 Cr
▲ 73% YoY
Net profit · FY 2025
₹12.87 Lakh
Net margin 3.4%
EBITDA · FY 2025
₹32.54 Lakh
EBITDA margin 8.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹15 Lakh
Secured borrowings
Company age
5 yrs
Est. 2021
Employees · EPFO
25
Provident fund records
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 of Setec Gas Projects Private Limited
CIN U40107KA2021PTC148694
Registration Number 148694
Incorporation Date 23 June 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0092295
Recognitions & Rankings of Setec Gas Projects
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Apps
- Registered Address155/A 13th B Main Gokul 1st Stage 1st Phase Mathikere, Bangalore, Karnataka, India – 560054
- IndustryEnvironment, Clean Energy Solutions
Comprehensive company report
Setec Gas Projects Private Limited - one report that includes everything
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Business Activity of Setec Gas Projects Private Limited
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 | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| D | Electricity, gas, steam and air conditioning supply | 35 | Electricity, gas, steam and air conditioning supply | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
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Financials of Setec Gas Projects Private Limited FY 2025 filings available
Setec Gas Projects Private Limited reported revenue of ₹3.79 Cr (up 73% YoY) for FY 2025.
Revenue · FY 2025
₹3.79 Cr ▲ 73%
Net profit · FY 2025
₹12.87 Lakh margin 3.4%
EBITDA · FY 2025
₹32.54 Lakh margin 8.6%
Compounded Annual Growth Rate (CAGR) of Setec Gas Projects Private Limited
Revenue CAGR growth
1 year
▲ 73%
3 years · compounded
▲ 32%
EBITDA CAGR growth
1 year
▲ 43%
3 years · compounded
▲ 26%
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 of Setec Gas Projects Private Limited
| 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 of Setec Gas Projects Private Limited
| 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 | •••• | •••• | •••• | •••• |
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 Setec Gas Projects are in the company report.
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Financial statements from FY 2022
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
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Verified entity values are shown only after access is granted.
Board of Directors of Setec Gas Projects Private Limited
Setec Gas Projects has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkatesh Rao | Director | 23 Jun 2021 | 5 Years 3 Months | Current |
| Parvathi Bai | Director | 23 Jun 2021 | 5 Years 3 Months | Current |
| Tejas Venkatesh Rao | Director | 20 Sep 2021 | 5 Years 1 Months | Current |
Peer Comparison of Setec Gas Projects Private Limited
Setec Gas Projects Private Limited is compared with the companies closest to it by revenue in the Cleantech industry (Energy Solutions). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Satya Green Energy Solutions Private Limited | ₹3.93 Cr (FY 2025) | •••• | •••• | 211.0% | •••• | Noida, Uttar Pradesh, India |
| Ctas Aircon Private Limited | ₹3.91 Cr (FY 2025) | •••• | •••• | 66.0% | •••• | Bangalore, Karnataka, India |
| SNDL Energy Solutions Private Limited | ₹3.83 Cr (FY 2025) | •••• | •••• | 18785461.0% | •••• | Jaipur, Rajasthan, India |
| Ecotechgreen Associates Private Limited | ₹3.82 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Shahjahanpur, Uttar Pradesh, India |
| San Envirotech Private Limited | ₹3.81 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Ahmedabad, Gujarat, India |
| Setec Gas Projects Private Limited this company | ₹3.79 Cr (FY 2025) | •••• | •••• | 73.0% | •••• | Bangalore, Karnataka, India |
| Kangla Energy Solutions Private Limited | ₹3.78 Cr (FY 2025) | •••• | •••• | 324.0% | •••• | Imphal West, Manipur, India |
| Soneur Energy Private Limited | ₹3.77 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Pallikkara, Kerala, India |
| Reso Power Private Limited | ₹3.76 Cr (FY 2023) | •••• | •••• | •••• | Bengaluru, Karnataka, India | |
| Yashika Energy Systems Private Limited | ₹3.7 Cr (FY 2024) | •••• | •••• | 162.0% | •••• | Nashik, Maharashtra, India |
| Jay Ambey Energy Solutions Private Limited | ₹3.66 Cr (FY 2025) | •••• | •••• | •••• | Khatima, Uttarakhand, India |
Peers are the five companies nearest above and the five nearest below Setec Gas Projects by revenue in the Cleantech industry (Energy Solutions), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Setec Gas Projects Private Limited
Open charges
₹15 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jan 2022 | Others | ₹15 Lakh | Open |
Total charge records: 1 View all charges
Legal Cases of Setec Gas Projects Private Limited
Setec Gas Projects Private Limited has 2 court cases on record: 2 filed by Setec Gas Projects. All cases are disposed. Status as checked on 21 Sep 2026.
Total cases
2
Filed by the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
| District 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 Mahendra 5Ivepillars LLP | Disposed |
| District court, BENGALURU RURAL, Karnataka | Court case (Com.A.A.) | Filed by the company against Mahendra M5ive Kpillars LLP | Disposed |
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Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
Employees and EPFO Compliance at Setec Gas Projects Private Limited
Employment history and EPFO contributions of people linked to Setec Gas Projects.
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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 Setec Gas Projects Private Limited
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.
AGM
Setec Gas Projects Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Setec Gas Projects Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 15.00 Lakh with Charge ID 100541909 was registered on 29 Jan 2022.
Appointed
Tejas Venkatesh Rao was appointed as Director.
Appointed
Parvathi Bai was appointed as Director.
Appointed
Venkatesh Rao was appointed as Director.
Incorporation
23 Jun 2021
Setec Gas Projects Private Limited was registered on 23 Jun 2021 with Roc Bangalore & aged 5 years 3 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Setec Gas Projects Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Setec Gas Projects Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Setec Gas Projects Private Limited
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Corporate group structure
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GST Compliance of Setec Gas Projects Private Limited
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MCA Filings & Documents of Setec Gas Projects Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Setec Gas Projects Private Limited
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 reported revenue of ₹3.79 Cr for FY 2025 (up 73% YoY).
Setec Gas Projects has 3 current directors:
- Venkatesh Rao - Director
- Parvathi Bai - Director
- Tejas Venkatesh Rao - Director
Setec Gas Projects reported a net profit of ₹12.87 Lakh (net margin 3.4%) and EBITDA of ₹32.54 Lakh (EBITDA margin 8.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Setec Gas Projects is 32% over three years. In the latest year (FY 2025) revenue rose 73%. CAGR is the steady yearly rate that links the first and the last year.
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 high courts.
Setec Gas Projects was incorporated on 23 June 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Setec Gas Projects by revenue are Satya Green Energy Solutions Private Limited, Ctas Aircon Private Limited, SNDL Energy Solutions Private Limited, Ecotechgreen Associates Private Limited, San Envirotech Private Limited and 5 more, all in the Cleantech industry (Energy Solutions).
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).