Seth Thakurdas Khinvraj Pvt Ltd
About Seth Thakurdas Khinvraj Pvt Ltd
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Seth Thakurdas Khinvraj Pvt Ltd is a private limited company based in Gandhinagar, Gujarat, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 01 February 1957 and has been in existence for over 69 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51101GJ1957PTC091593. Its GSTIN is 24AACCS8783P1ZJ (Gujarat).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Zodiac Exim Private Limited. It is led by directors including Manisha Rathi and Vishnu Kumar Rathi.
Its last annual general meeting (AGM) was held on 13 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 210 2nd Floor Sidharaj Zavod Near Sargasan Cross Road S.G Highway, Gandhinagar, Gujarat, India – 382421.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.28 Cr, a decline of 51% compared to the previous year. For the same year it recorded a net profit of ₹61.56 Lakh (net margin 27%) and EBITDA of ₹1.32 Cr (EBITDA margin 57.8%). Revenue has grown at a compounded annual rate (CAGR) of 48% over three years and 61% over five years.
As per MCA filings, the company has open charges of ₹9.9 Cr and satisfied charges of ₹8.4 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Seth Thakurdas Khinvraj has one previous CIN (Corporate Identification Number): U51101RJ1957PTC001036. The current CIN is U51101GJ1957PTC091593, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51101GJ1957PTC091593 | Current |
| U51101RJ1957PTC001036 | Previous |
Contact details
Seth Thakurdas Khinvraj Pvt Ltd's registered office is in Gandhinagar, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address210 2nd Floor Sidharaj Zavod Near Sargasan Cross Road S.G Highway, Gandhinagar, Gujarat, India – 382421
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Seth Thakurdas Khinvraj Pvt Ltd, 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
Financials of Seth Thakurdas Khinvraj Pvt Ltd
FY 2025 filings availableSeth Thakurdas Khinvraj Pvt Ltd reported revenue of ₹2.28 Cr (down 51% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 51% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 61%. EBITDA rose 8% 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 | ₹1.32 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹61.56 Lakh | ||||
| Balance Sheet | |||||
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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 | 57.8% | ||||
| Net Profit Margin | 27% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Seth Thakurdas Khinvraj Pvt Ltd, buy the company report.
Board of directors of Seth Thakurdas Khinvraj Pvt Ltd
Seth Thakurdas Khinvraj has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manisha Rathi Also directs: M.G.D. Electronics Private Limited | Director | 16 Aug 2018 | 8 Years 2 Months | Current |
| Vishnu Kumar Rathi Also directs: Seth Thakurdas Khinvraj Rathi LLP, Seth Mukunddas Vishnukumar Rathi LLP, M.G.D. Electronics Private Limited and 2 more | Director | 28 Nov 2007 | 18 Years 11 Months | Current |
| Rajesh Rathi | Director | 28 Nov 2007 | 18 Years 11 Months | Current |
Peer comparison
Seth Thakurdas Khinvraj Pvt Ltd is compared with the 10 companies closest to it by revenue in the BFSI industry (Other Financial Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Echo Buildcon Private Limited | ₹2.28 Cr (FY 2024) | 343.0% | Gurgaon, Haryana, India | |||
| Arun Gupta Advisors Private Limited | ₹2.28 Cr (FY 2025) | 28.0% | Mumbai, Maharashtra, India | |||
| Datamation Consultants Private Limited | ₹2.28 Cr (FY 2025) | -16.0% | Delhi, India | |||
| Sark Finvest Private Limited | ₹2.28 Cr (FY 2025) | 1468.0% | New Delhi, Delhi, India | |||
| Aburaj Buildcon Private Limited | ₹2.28 Cr (FY 2025) | 33.0% | Palghar East, Maharashtra, India | |||
| Seth Thakurdas Khinvraj Pvt Ltdthis company | ₹2.28 Cr (FY 2025) | ₹61.56 Lakh | 27% | -51.0% | Gandhinagar, Gujarat, India | |
| R D Alloys Pvt Ltd | ₹2.28 Cr (FY 2025) | 83.0% | Kolkata, West Bengal, India | |||
| Arnold Builders Pvt Ltd | ₹2.28 Cr (FY 2025) | 83.0% | Mumbai, Maharashtra, India | |||
| Icici Prudential Trust Limited | ₹2.28 Cr (FY 2025) | 38.0% | New Delhi, Delhi, India | |||
| Salasarji Holdings Private Limited | ₹2.28 Cr (FY 2025) | 70.0% | Mumbai, Maharashtra, India | |||
| Techno Finvestrade (India) Pvt Ltd | ₹2.28 Cr (FY 2025) | 114.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Seth Thakurdas Khinvraj Pvt Ltd, buy the company report.
Auditor
Seth Thakurdas Khinvraj Pvt Ltd is audited by JWALIN NANAVATI & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JWALIN NANAVATI & CO | FY 2021 | 142829W |
Shareholding
The shareholding of Seth Thakurdas Khinvraj Pvt Ltd 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 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Seth Thakurdas Khinvraj Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Nov 2025 | 101188633 | Others | ₹9.9 Cr | Open | |
| 04 Dec 2021 | 100516319 | Hdfc Bank Limited | ₹8.4 Cr | Satisfied |
To see the full charge records of Seth Thakurdas Khinvraj Pvt Ltd, buy the company report.
Total charge records: 2 View all charges
Legal cases
Seth Thakurdas Khinvraj Pvt Ltd has 1 court case on record: 1 filed by Seth Thakurdas Khinvraj. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Interim or miscellaneous application | Filed by the company against Sabarmati Capital Two Limited and 3 others | Disposed |
To see the full case history of Seth Thakurdas Khinvraj Pvt Ltd, 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 Thakurdas Khinvraj Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Seth Thakurdas Khinvraj has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCS8783P1ZJ | Gujarat | Active | 10 Jun 2021 |
To see the full GST registrations and return filing status of Seth Thakurdas Khinvraj Pvt Ltd, buy the company report.
Recent activity
Seth Thakurdas Khinvraj Pvt Ltd has 6 board changes on record since 2007: 3 appointments and 3 cessations. The latest: Manisha Rathi ceased to be Additional Director on 29 Sep 2018.
1 earlier event is in the company report.
Frequently asked questions
Seth Thakurdas Khinvraj is an active private limited company based in Gandhinagar, Gujarat, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 01 February 1957 (69+ years old) and is registered under CIN U51101GJ1957PTC091593.
Seth Thakurdas Khinvraj has 3 current directors:
- Manisha Rathi - Director
- Vishnu Kumar Rathi - Director
- Rajesh Rathi - Director
The latest financial statements of Seth Thakurdas Khinvraj on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 13 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Seth Thakurdas Khinvraj is 24AACCS8783P1ZJ, registered in Gujarat.
The CIN (Corporate Identification Number) of Seth Thakurdas Khinvraj is U51101GJ1957PTC091593. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Seth Thakurdas Khinvraj has 1 court case on record: 1 filed by the company.
Seth Thakurdas Khinvraj was incorporated on 01 February 1957, making it 69+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Seth Thakurdas Khinvraj by revenue are Echo Buildcon Private Limited, Arun Gupta Advisors Private Limited, Datamation Consultants Private Limited, Sark Finvest Private Limited, Aburaj Buildcon Private Limited and 5 more, all in the BFSI industry (Other Financial Services).
Manisha Rathi ceased to be Additional Director on 29 Sep 2018. Manisha Rathi was appointed as Director on 16 Aug 2018. Mukund Das Rathi ceased to be Director on 16 Aug 2018. Seth Thakurdas Khinvraj has 6 board changes on record in total.
The registered office of Seth Thakurdas Khinvraj is at 210 2nd Floor Sidharaj Zavod Near Sargasan Cross Road S.G Highway, Gandhinagar, Gujarat, India – 382421.
Seth Thakurdas Khinvraj operates in the financial services industry, in the diversified financial services segment.
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