MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0033585
Seth Steelage Private Limited - metals and minerals in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹225.11 Cr
▲ 23% YoY
Net profit · FY 2025
₹2.9 Cr
Net margin 1.3%
EBITDA · FY 2025
₹3.86 Cr
EBITDA margin 1.7%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹32.5 Lakh
Issued & subscribed
Company age
19 yrs
Est. 2007
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Seth Steelage Private Limited
Data last updated:
Seth Steelage Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 04 April 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27106MH2007PTC169634. Its GSTIN is 27AALCS1386H1Z0 (Maharashtra).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹32.5 Lakh. It is led by directors Vipresh Vipin Chaturvedi and Ashok Seth Mafatlal.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹225.11 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹2.9 Cr (net margin 1.3%) and EBITDA of ₹3.86 Cr (EBITDA margin 1.7%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 51% over five years.
The company is associated with 1 brand: Seth Steelage. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.94 Cr; the latest was in April 2018. Its 7 peer companies in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 4 larger and 3 smaller; the largest is Ratnamani Marketing Private Limited with revenue of ₹230.74 Cr.
Seth Steelage Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0033585). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sethsteelage.com.
Company details
CIN U27106MH2007PTC169634
Registration Number 169634
Incorporation Date 04 April 2007
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 Medium
Udyam Registration UDYAM-MH-19-0033585
Recognitions & Rankings of Seth Steelage
Contact details
Seth Steelage Private Limited's registered office is in Mumbai, Maharashtra. Its website is sethsteelage.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No 1002 Prasad Chambers, 10th Floor Mama Parmanand Marg Opera House Girgaon, Mumbai, Maharashtra, India – 400004
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Seth Steelage Private Limited, buy the company report.
Comprehensive company report
Seth Steelage 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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Brands
Seth Steelage operates one associated brand: Seth Steelage. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Supply of stainless steel and metal products including welded pipes, sheets, plates, coils, and flat products to various industries. | sethsteelage.com |
Business activity
The main business activity of Seth Steelage is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Seth Steelage Private Limited, buy the company report.
Financials of Seth Steelage Private Limited
FY 2025 filings availableSeth Steelage Private Limited reported revenue of ₹225.11 Cr (up 23% YoY) for FY 2025.
Revenue · FY 2025
₹225.11 Cr ▲ 23%
Net profit · FY 2025
₹2.9 Cr margin 1.3%
EBITDA · FY 2025
₹3.86 Cr margin 1.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 23%
3 years · compounded
▲ 19%
5 years · compounded
▲ 51%
EBITDA CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 73%
5 years · compounded
▲ 36%
Revenue has grown at a compounded annual rate (CAGR) of 51% over five years, including 23% growth in the latest year. EBITDA rose 18% 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 |
|---|---|---|---|---|---|
| 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 | ₹3.86 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.9 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.7% | ||||
| Net Profit Margin | 1.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Seth Steelage Private Limited, buy the company report.
Board of directors of Seth Steelage Private Limited
Seth Steelage has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vipresh Vipin Chaturvedi | Director | 27 Apr 2018 | 8 Years 6 Months | Current |
| Ashok Seth Mafatlal Also directs: Prakash Steelage Limited, Seth Iron and Steel Private Limited, Seth Carbon & Alloys Private Limited and 1 more | Director | 04 Apr 2007 | 19 Years 7 Months | Current |
Peer comparison
Seth Steelage Private Limited is compared with the 7 companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ratnamani Marketing Private Limited | ₹230.74 Cr (FY 2025) | 178.0% | Ahmedabad, Gujarat, India | |||
| Vishisht Steels Private Limited | ₹226.57 Cr (FY 2025) | 97.0% | Mumbai, Maharashtra, India | |||
| Virtuous Tradecorp Private Limited | ₹225.99 Cr (FY 2025) | 41.0% | Hisar, Haryana, India | |||
| S A Alloys Private Limited | ₹225.38 Cr (FY 2025) | 44.0% | New Delhi, Delhi, India | |||
| Seth Steelage Private Limitedthis company | ₹225.11 Cr (FY 2025) | ₹2.9 Cr | 1.3% | 23.0% | Mumbai, Maharashtra, India | |
| Prismo Steels Private Limited | ₹224.73 Cr (FY 2025) | 67.0% | Raipur, Chhattisgarh, India | |||
| Siddhi Ganesh Metal Private Limited | ₹223.35 Cr (FY 2025) | 1.0% | Hyderabad, Telangana, India | |||
| Chamong Tee Exports Pvt Ltd | ₹221.31 Cr (FY 2025) | 29.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Seth Steelage Private Limited, buy the company report.
Auditor
Seth Steelage Private Limited is audited by P C Rathi & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P C Rathi & Co. | FY 2023 | 111799W |
Shareholding
The shareholding of Seth Steelage Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Seth Steelage Private Limited, buy the company report.
Deals & funding
Seth Steelage Private Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.94 Cr; the latest was in April 2018.
Total deals
4
Funding rounds
2
Secondary share transfers
2
Disclosed funding
₹1.94 Cr
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| May 2010 | Secondary share transfer | Undisclosed | Buyer: Ashok M Seth Huf, an individual Seller: Sonex Jacobi Engineering Company Private Limited, an individual |
| Apr 2010 | Funding round | ₹1.63 Cr | Investors: Empower India Limited |
| Jun 2008 | Funding round | ₹31.5 Lakh | Investors: Sonex Jacobi Engineering Company Private Limited, 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Seth Steelage Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Seth Steelage Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Seth Steelage has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AALCS1386H1Z0 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Seth Steelage Private Limited, buy the company report.
Recent activity
Seth Steelage Private Limited has 3 board changes on record since 2007: 2 appointments and 1 cessation. The latest: Kirti Kanugo Prakash ceased to be Director on 27 Apr 2018.
AGM
Seth Steelage Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Seth Steelage Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Kirti Kanugo Prakash ceased to be Director.
Appointed
Vipresh Vipin Chaturvedi was appointed as Director.
Appointed
Ashok Seth Mafatlal was appointed as Director.
Incorporation
04 Apr 2007
Seth Steelage Private Limited was registered on 04 Apr 2007 with Roc Mumbai I & aged 19 years 7 months as per MCA records.
Frequently asked questions
Seth Steelage is an active private limited company based in Mumbai, Maharashtra, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 04 April 2007 (19+ years old) and is registered under CIN U27106MH2007PTC169634.
Seth Steelage has 2 current directors:
- Vipresh Vipin Chaturvedi - Director
- Ashok Seth Mafatlal - Director
The latest financial statements of Seth Steelage 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 Steelage is 27AALCS1386H1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of Seth Steelage is U27106MH2007PTC169634. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Seth Steelage was incorporated on 04 April 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Seth Steelage has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.94 Cr; the latest was in April 2018.
The peers of Seth Steelage by revenue are Ratnamani Marketing Private Limited, Vishisht Steels Private Limited, Virtuous Tradecorp Private Limited, S A Alloys Private Limited, Prismo Steels Private Limited and 2 more, all in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading).
Kirti Kanugo Prakash ceased to be Director on 27 Apr 2018. Vipresh Vipin Chaturvedi was appointed as Director on 27 Apr 2018. Ashok Seth Mafatlal was appointed as Director on 04 Apr 2007.
Yes, Seth Steelage is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0033585).
Seth Steelage can be reached through the website sethsteelage.com. Its registered office is in Mumbai, Maharashtra, India.
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