Seth Industries Private Limited
About Seth Industries Private Limited
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Seth Industries Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 13 July 1961 and has been in existence for over 65 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U18101MH1961PTC012063. Its GSTIN is 27AAECS9189D1ZY (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Mahipal Sohan Dulgach and Satyanarayan Hiralal Agarwal.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at F – 140/141 First Floor Moongipa Arcade Ganesh Chowk D.N. Nagar Andheri (West), Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.77 Lakh, a growth of 48% compared to the previous year. For the same year it recorded a net loss of ₹5.92 Lakh (net margin -29.9%) and EBITDA of -₹6.14 Lakh (EBITDA margin -31%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 8% over five years.
As per MCA filings, the company has open charges of ₹4.9 Cr on record. Court records list 41 cases involving the company, including 25 filed by the company and 16 filed against it; 10 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Seth Industries Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressF – 140/141 First Floor Moongipa Arcade Ganesh Chowk D.N. Nagar Andheri (West), Mumbai, Maharashtra, India – 400053
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Seth Industries 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 Seth Industries is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Seth Industries Private Limited, buy the company report.
Financials of Seth Industries Private Limited
FY 2025 filings availableSeth Industries Private Limited reported revenue of ₹19.77 Lakh (up 48% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 48% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 8%. EBITDA rose 32% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹6.14 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹5.92 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -31% | ||||
| Net Profit Margin | -29.9% | ||||
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To see the full financial statements and ratios of Seth Industries Private Limited, buy the company report.
Board of directors of Seth Industries Private Limited
Seth Industries has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahipal Sohan Dulgach | Director | 14 Dec 2012 | 13 Years 10 Months | Current |
| Satyanarayan Hiralal Agarwal Also directs: Sunflag Filaments Limited, Binaykia Synthetics Limited, Shree Venkateshwar Synthetics Private Limited and 2 more | Director | 24 Feb 2011 | 15 Years 8 Months | Current |
| Rajkumar Satyanarayan Agarwal Also directs: Sunflag Filaments Limited, Binaykia Synthetics Limited, Rajwada Silk Mills Limited Liability Partnership and 4 more | Additional Director | 07 Feb 2022 | 4 Years 8 Months | Current |
Auditor
Seth Industries Private Limited is audited by JAIPAL SINGHBHATIAAJIT SINGH for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAIPAL SINGHBHATIAAJIT SINGH | FY 2022 | 034290 |
Shareholding
The shareholding of Seth Industries Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Seth Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jan 1984 | 90371359 | Canara Bank | ₹40 Lakh | Open | |
| 20 Dec 1983 | 90371281 | Canara Bank | ₹1.5 Cr | Open | |
| 20 Dec 1983 | 90371358 | Canara Bank | ₹1.5 Cr | Open | |
| 13 Dec 1983 | 90371357 | Canara Bank | ₹5 Lakh | Open | |
| 08 Oct 1983 | 90386031 | Canara Bank | ₹19 Lakh | Open |
To see the full charge records of Seth Industries Private Limited, buy the company report.
Total charge records: 18 View all charges
Legal cases
Seth Industries Private Limited has 41 court cases on record: 25 filed by Seth Industries, 16 filed against it. 10 cases are pending and 31 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 33 | 9 | 4 |
| High courts | 8 | 7 | 6 |
Cases on record (5 of 41)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed by the company against Ms. Sunil Mantri Realty Ltd. and 3 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against Ms. Sunil Mantri Realty Ltd. and Ors and 4 others | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI M A) | Filed against the company by Ms. Sunil Mantri Realty Ltd. and Anr.@Ma-2630-13-Aplcnts.Org. Accd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Wings Apparels Pvt Ltd and 9 Ors | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI REV APP) | Filed against the company by Ms.Wings Apparels Pvt.Ltd. and Ors. | Disposed |
To see the full case history of Seth Industries 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 Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Seth Industries has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECS9189D1ZY | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Seth Industries Private Limited, buy the company report.
Recent activity
Seth Industries Private Limited has 8 board changes on record since 2010: 3 appointments and 5 cessations. The latest: Rajkumar Satyanarayan Agarwal was appointed as Additional Director on 07 Feb 2022.
19 earlier events are in the company report.
Frequently asked questions
Seth Industries is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 13 July 1961 (65+ years old) and is registered under CIN U18101MH1961PTC012063.
Seth Industries has 3 current directors:
- Mahipal Sohan Dulgach - Director
- Satyanarayan Hiralal Agarwal - Director
- Rajkumar Satyanarayan Agarwal - Additional Director
The latest financial statements of Seth Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Seth Industries is 27AAECS9189D1ZY, registered in Maharashtra. 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 Industries is U18101MH1961PTC012063. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Seth Industries has 41 court cases on record: 25 filed by the company and 16 filed against it. 10 are pending. Most are in the district courts.
Seth Industries was incorporated on 13 July 1961, making it 65+ years old. It is registered with the Registrar of Companies, Mumbai.
Rajkumar Satyanarayan Agarwal was appointed as Additional Director on 07 Feb 2022. Vibha Hutchins ceased to be Director on 07 Feb 2022. Shanmukham Kalappura ceased to be Director on 30 May 2019. Seth Industries has 8 board changes on record in total.
The registered office of Seth Industries is at F – 140141 First Floor Moongipa Arcade Ganesh Chowk D.N. Nagar Andheri West, Mumbai, Maharashtra, India – 400053.
Seth Industries operates in the manufacturing industry, in the textile and fabric production segment.