MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-02-0084006
Seth Electricals Private Limited - consumer electronics & durables in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.58 Cr
▼ 32% YoY
Net profit · FY 2024
₹5.08 Lakh
Net margin 3.2%
EBITDA · FY 2024
₹7.98 Lakh
EBITDA margin 5.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹2.73 Lakh
Issued & subscribed
Open charges
₹56.39 Lakh
Satisfied ₹50 Lakh
Company age
38 yrs
Est. 1988
Employees · EPFO
2
Provident fund records
About Seth Electricals Private Limited
Data last updated:
Seth Electricals Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 03 November 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U29142TN1988PTC016427. Its GSTIN is 33AABCS5103L2ZK (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2.73 Lakh. It is led by directors Ajay Seth and Ashwini Seth Kumar.
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 No.118 Govindappa Naicken St.Madras – 1. Madras – 1., Chennai, Tamil Nadu, India – 600001.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.58 Cr, a decline of 32% compared to the previous year. For the same year it recorded a net profit of ₹5.08 Lakh (net margin 3.2%) and EBITDA of ₹7.98 Lakh (EBITDA margin 5.1%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 30% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹56.39 Lakh and satisfied charges of ₹50 Lakh on record. Court records list 10 cases involving the company, including 10 filed by the company.
Seth Electricals Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0084006). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sethelectricals.in.
Company details
CIN U29142TN1988PTC016427
Registration Number 016427
Incorporation Date 03 November 1988
ROC Chennai
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 Micro
Udyam Registration UDYAM-TN-02-0084006
Key People
Ajay Seth Director Ashwini Seth Kumar Director Recognitions & Rankings of Seth Electricals
Contact details
Seth Electricals Private Limited's registered office is in Chennai, Tamil Nadu. Its website is sethelectricals.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.118 Govindappa Naicken St.Madras – 1. Madras – 1., Chennai, Tamil Nadu, India – 600001
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Seth Electricals Private Limited, buy the company report.
Comprehensive company report
Seth Electricals Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Seth Electricals is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Seth Electricals Private Limited, buy the company report.
Financials of Seth Electricals Private Limited
FY 2025 filings availableSeth Electricals Private Limited reported revenue of ₹1.58 Cr (down 32% YoY) for FY 2024.
Revenue · FY 2024
₹1.58 Cr ▼ 32%
Net profit · FY 2024
₹5.08 Lakh margin 3.2%
EBITDA · FY 2024
₹7.98 Lakh margin 5.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 32%
3 years · compounded
▼ 13%
5 years · compounded
▼ 30%
EBITDA CAGR growth
1 year
▼ 28%
3 years · compounded
▼ 33%
5 years · compounded
▼ 23%
Revenue has declined at a compounded annual rate (CAGR) of 30% over five years, including a 32% fall in the latest year. EBITDA fell 28% 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 | ₹7.98 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.08 Lakh | ||||
| 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 | 5.1% | ||||
| Net Profit Margin | 3.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Seth Electricals Private Limited, buy the company report.
Board of directors of Seth Electricals Private Limited
Seth Electricals has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Seth | Director | 20 Jun 2013 | 13 Years 4 Months | Current |
| Ashwini Seth Kumar | Director | 03 Nov 1988 | 37 Years 11 Months | Current |
Auditor
Seth Electricals Private Limited is audited by M GOPAL & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M GOPAL & CO | FY 2022 | 000957S |
Shareholding
The shareholding of Seth Electricals Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Seth Electricals Private Limited, buy the company report.
Charges & borrowings
Open charges
₹56.39 Lakh
Satisfied charges
₹50 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 May 2005 | 90282561 | Standard Chartered Bank | ₹47.39 Lakh | Open | |
| 16 Mar 1995 | 90281909 | Central Bank of India | ₹9 Lakh | Open | |
| 31 May 2010 | 10285979 | Citi Bank N.A. | ₹50 Lakh | Satisfied |
To see the full charge records of Seth Electricals Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Seth Electricals Private Limited has 10 court cases on record: 10 filed by Seth Electricals. All cases are disposed.
Total cases
10
Filed by the company
10
Disposed
10
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 0 | 0 |
Cases on record (2 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Criminal miscellaneous application | Filed by the company | Disposed |
| District court, Chennai, Tamil Nadu | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Seth Electricals 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 Seth Electricals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Seth Electricals Private Limited has a workforce of 2 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
2
Active EPFO establishments
1
Employee growth
-50%
GST
Seth Electricals has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCS5103L2ZK | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Seth Electricals Private Limited, buy the company report.
Recent activity
Seth Electricals Private Limited has 6 board changes on record since 1988: 2 appointments and 4 cessations. The latest: Ajay Seth ceased to be Additional Director on 30 Sep 2013.
AGM
Seth Electricals Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Seth Electricals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge registered on 31 May 2010 via Charge ID 10285979 with Citi Bank N.A. was fully satisfied on 10 Oct 2013.
Ceased
Ajay Seth ceased to be Additional Director.
Ceased
Akshay Seth ceased to be Director.
Ceased
Anil Kumar Seth ceased to be Director.
Ceased
Arvind Kumar Seth ceased to be Director.
Appointed
Ajay Seth was appointed as Director.
Charges
A charge with Citi Bank N.A. amounted to Rs. 50.00 Lakh with Charge ID 10285979 was registered on 31 May 2010.
Charges
A charge with Standard Chartered Bank amounted to Rs. 47.39 Lakh with Charge ID 90282561 was registered on 27 May 2005.
Charges
A charge with Central Bank Of India amounted to Rs. 9.00 Lakh with Charge ID 90281909 was registered on 16 Mar 1995.
Appointed
Ashwini Seth Kumar was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Seth Electricals is an active private limited company based in Chennai, Tamil Nadu, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 03 November 1988 (38+ years old) and is registered under CIN U29142TN1988PTC016427.
Seth Electricals has 2 current directors:
- Ajay Seth - Director
- Ashwini Seth Kumar - Director
The latest financial statements of Seth Electricals 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 2015 are in the company report.
The GSTIN of Seth Electricals is 33AABCS5103L2ZK, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Seth Electricals is U29142TN1988PTC016427. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Seth Electricals has 10 court cases on record: 10 filed by the company.
Seth Electricals was incorporated on 03 November 1988, making it 38+ years old. It is registered with the Registrar of Companies, Chennai.
Ajay Seth ceased to be Additional Director on 30 Sep 2013. Akshay Seth ceased to be Director on 10 Jul 2013. Anil Kumar Seth ceased to be Director on 10 Jul 2013. Seth Electricals has 6 board changes on record in total.
Yes, Seth Electricals is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0084006).
Seth Electricals can be reached through the website sethelectricals.in. Its registered office is in Chennai, Tamil Nadu, India.