MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-22-0028957
Sethi Filaspun Private Limited
Sethi Filaspun Private Limited - manufacturing in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2026
₹7.54 Cr
▲ 10% YoY
Net profit · FY 2026
₹4.21 Lakh
Net margin 0.6%
EBITDA · FY 2026
₹50.48 Lakh
EBITDA margin 6.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹9.63 Lakh
Issued & subscribed
Open charges
₹1.69 Cr
Satisfied ₹76.42 Lakh
Company age
26 yrs
Est. 2000
Directors on board
5
As per MCA filings
About Sethi Filaspun Private Limited
Data last updated:
Sethi Filaspun Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 04 January 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17120GJ2000PTC048930. Its GSTIN is 24AAECS8905K1Z3 (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.63 Lakh. It is led by directors including Sanjiv Ashwanikumar Sethi (Managing Director) and Ashish Sethi (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 6A Bhatena Industrial Society Bhatena – 1 Opp. Kinnery Cinema, Surat, Gujarat, India – 395002.
As per the financials filed for FY 2026, the company reported a revenue of ₹7.54 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹4.21 Lakh (net margin 0.6%) and EBITDA of ₹50.48 Lakh (EBITDA margin 6.7%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹1.69 Cr and satisfied charges of ₹76.42 Lakh on record.
Sethi Filaspun Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0028957). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17120GJ2000PTC048930
Registration Number 048930
Incorporation Date 04 January 2000
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-22-0028957
CIN history
Sethi Filaspun has one previous CIN (Corporate Identification Number): U17120MH2000PTC123454. The current CIN is U17120GJ2000PTC048930, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17120GJ2000PTC048930 | Current |
| U17120MH2000PTC123454 | Previous |
Key People
Sanjiv Ashwanikumar Sethi Managing Director Ashish Sethi Whole-Time Director Shelja Ashish Sethi Director Recognitions & Rankings of Sethi Filaspun
Contact details
Sethi Filaspun Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address6A Bhatena Industrial Society Bhatena – 1 Opp. Kinnery Cinema, Surat, Gujarat, India – 395002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Sethi Filaspun Private Limited, buy the company report.
Comprehensive company report
Sethi Filaspun 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Sethi Filaspun is manufacturing. In detail, this covers manufacture of textiles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 13 | Manufacture of textiles |
To see the full business activity and turnover split of Sethi Filaspun Private Limited, buy the company report.
Financials of Sethi Filaspun Private Limited
FY 2026 filings availableSethi Filaspun Private Limited reported revenue of ₹7.54 Cr (up 10% YoY) for FY 2026.
Revenue · FY 2026
₹7.54 Cr ▲ 10%
Net profit · FY 2026
₹4.21 Lakh margin 0.6%
EBITDA · FY 2026
₹50.48 Lakh margin 6.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 10%
3 years · compounded
▼ 11%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 22%
3 years · compounded
▼ 23%
5 years · compounded
▼ 1%
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 10% growth in the latest year. EBITDA rose 22% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹7.54 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹50.48 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.21 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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.7% | ||||
| Net Profit Margin | 0.6% | ||||
| 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 Sethi Filaspun Private Limited, buy the company report.
Board of directors of Sethi Filaspun Private Limited
Sethi Filaspun has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjiv Ashwanikumar Sethi | Managing Director | 04 Jan 2000 | 26 Years 10 Months | Current |
| Ashish Sethi Also directs: P J Sethi Realty LLP | Whole-Time Director | 04 Jan 2000 | 26 Years 10 Months | Current |
| Shelja Ashish Sethi | Director | 01 Apr 2000 | 26 Years 7 Months | Current |
| Kushal Sanjiv Sethi | Director | 03 Feb 2024 | 2 Years 9 Months | Current |
| Sarthak Sethi | Director | 03 Feb 2024 | 2 Years 9 Months | Current |
Auditor
Sethi Filaspun Private Limited is audited by S. K. Kabra & Company for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. K. Kabra & Company | FY 2026 | 104508W |
Shareholding
The shareholding of Sethi Filaspun Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sethi Filaspun Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.69 Cr
Satisfied charges
₹76.42 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Oct 2014 | 10526533 | Kotak Mahindra Bank Limited | ₹94 Lakh | Open | |
| 31 Jan 2012 | 10334100 | Others | ₹75 Lakh | Open | |
| 14 Aug 2007 | 10066740 | Prime Co-Op. Bank Ltd. | ₹38.5 Lakh | Satisfied | |
| 08 Mar 2004 | 80065185 | Prime Co-Operative Bank Ltd | ₹37.92 Lakh | Satisfied |
To see the full charge records of Sethi Filaspun Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Sethi Filaspun 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
Sethi Filaspun Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 80 overdue payments to 12 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 12)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Madhusudan Threads | |||
| S.R. Silk | |||
| an individual supplier | |||
| S.K.Kabra and Company | |||
| an individual supplier |
To see the full MSME payment records of Sethi Filaspun Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Sethi Filaspun has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECS8905K1Z3 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sethi Filaspun Private Limited, buy the company report.
Recent activity
Sethi Filaspun Private Limited has 11 board changes on record since 2000: 8 appointments and 3 cessations. The latest: Kushal Sanjiv Sethi was appointed as Director on 03 Feb 2024.
Filing
Sethi Filaspun Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
AGM
Sethi Filaspun Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 75.00 Lakh registered on 31 Jan 2012 with Charge ID 10334100 was modified on 24 Jan 2025.
Appointed
Kushal Sanjiv Sethi was appointed as Director.
Appointed
Sarthak Sethi was appointed as Director.
Ceased
Asha Ashwanikumar Sethi ceased to be Director.
Ceased
Ramla Jankinath Sethi ceased to be Director.
Ceased
Seema Tushar Sethi ceased to be Director.
Charges
A charge with Kotak Mahindra Bank Limited amounted to Rs. 94.00 Lakh with Charge ID 10526533 was registered on 15 Oct 2014.
Charges
A charge registered on 14 Aug 2007 via Charge ID 10066740 with Prime Co-Op. Bank Ltd. was fully satisfied on 15 May 2012.
Charges
A charge registered on 08 Mar 2004 via Charge ID 80065185 with Prime Co-Operative Bank Ltd was fully satisfied on 15 May 2012.
Charges
A charge with Others amounted to Rs. 75.00 Lakh with Charge ID 10334100 was registered on 31 Jan 2012.
9 earlier events are in the company report.
Frequently asked questions
Sethi Filaspun is an active private limited company based in Surat, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 04 January 2000 (26+ years old) and is registered under CIN U17120GJ2000PTC048930.
Sethi Filaspun has 5 current directors:
- Sanjiv Ashwanikumar Sethi - Managing Director
- Ashish Sethi - Whole-Time Director
- Shelja Ashish Sethi - Director
- Kushal Sanjiv Sethi - Director
- Sarthak Sethi - Director
The latest financial statements of Sethi Filaspun on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sethi Filaspun is 24AAECS8905K1Z3, registered in Gujarat.
The CIN (Corporate Identification Number) of Sethi Filaspun is U17120GJ2000PTC048930. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sethi Filaspun was incorporated on 04 January 2000, making it 26+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Kushal Sanjiv Sethi was appointed as Director on 03 Feb 2024. Sarthak Sethi was appointed as Director on 03 Feb 2024. Asha Ashwanikumar Sethi ceased to be Director on 16 Jan 2024. Sethi Filaspun has 11 board changes on record in total.
Yes, Sethi Filaspun is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-22-0028957).
Sethi Filaspun has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 80 overdue payments to 12 micro and small suppliers. The latest return was filed on 28 Jul 2022.
The registered office of Sethi Filaspun is at 6A Bhatena Industrial Society Bhatena – 1 Opp. Kinnery Cinema, Surat, Gujarat, India – 395002.
Sethi Filaspun operates in the manufacturing industry, in the textile and fabric production segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages