Sethi Funds Management Private Limited
About Sethi Funds Management Private Limited
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Sethi Funds Management Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 04 October 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH2001PTC184331. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Salim Pyarali Govani and Vinod Rajindranath Sethi.
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 2/B Naaz Building Lamington Road, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2024, the company reported a revenue of ₹83.23 Lakh, a growth of 53% compared to the previous year. For the same year it recorded a net profit of ₹50.72 Lakh (net margin 60.9%) and EBITDA of ₹71.9 Lakh (EBITDA margin 86.4%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 41% over five years.
Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Sethi Funds Management has one previous CIN (Corporate Identification Number): U67190KA2001PTC029615. The current CIN is U67190MH2001PTC184331, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67190MH2001PTC184331 | Current |
| U67190KA2001PTC029615 | Previous |
Contact details
Sethi Funds Management Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2/B Naaz Building Lamington Road, Mumbai, Maharashtra, India – 400004
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Sethi Funds Management 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
Financials of Sethi Funds Management Private Limited
FY 2025 filings availableSethi Funds Management Private Limited reported revenue of ₹83.23 Lakh (up 53% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 41% over five years, including 53% growth in the latest year. EBITDA rose 63% 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 | ₹71.9 Lakh | ||||
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| Net Profit (PAT) | ₹50.72 Lakh | ||||
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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 | 86.4% | ||||
| Net Profit Margin | 60.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Sethi Funds Management Private Limited, buy the company report.
Board of directors of Sethi Funds Management Private Limited
Sethi Funds Management has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Salim Pyarali Govani | Director | 03 Jul 2007 | 19 Years 3 Months | Current |
| Vinod Rajindranath Sethi Also directs: K.C.P.Sugar and Industries Corporation Limited, Amethyst Cafe Private Limited, Durgamba Investment Private Limited and 3 more | Director | 04 Oct 2001 | 25 Years 0 Months | Current |
Peer comparison
Sethi Funds Management Private Limited is compared with the 10 companies closest to it by revenue in the Outsourcing industry (Consulting Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Like Way Skills Consultancy and Solution Private Limited | ₹83.47 Lakh (FY 2024) | 246.0% | Kolkata, West Bengal, India | |||
| Siglap Consulting (OPC) Private Limited | ₹83.4 Lakh (FY 2025) | -17.0% | Gurgaon, Haryana, India | |||
| Rcsrra HR Compliances Consultants Private Limited | ₹83.36 Lakh (FY 2020) | 44.0% | Kachpada, Malad(W), Mumbai, Maharashtra, India | |||
| Divman Advisors India Private Limited | ₹83.27 Lakh (FY 2025) | 24.0% | Ghaziabad, Uttar Pradesh, India | |||
| Vta Engineering Services Private Limited | ₹83.23 Lakh (FY 2018) | Navi Mumbai, Maharashtra, India | ||||
| Sethi Funds Management Private Limitedthis company | ₹83.23 Lakh (FY 2024) | ₹50.72 Lakh | 60.9% | 53.0% | Mumbai, Maharashtra, India | |
| Advantex Solutions Private Limited | ₹83.17 Lakh (FY 2025) | 11.0% | Chirawa, Rajasthan, India | |||
| Adpl Consultancy Private Limited | ₹83.15 Lakh (FY 2024) | 114.0% | Bangalore, Karnataka, India | |||
| KVR Rail Infra Consultancy Services India Private Limited | ₹83.15 Lakh (FY 2021) | -61.0% | Secunderabad, Telangana, India | |||
| German Project Management India Private Limited | ₹83.12 Lakh (FY 2024) | -55.0% | Mumbai, Maharashtra, India | |||
| Marching Ants Force Private Limited | ₹83.1 Lakh (FY 2020) | Gurugram, Haryana, India |
To see the full peer comparison of Sethi Funds Management Private Limited, buy the company report.
Shareholding
The shareholding of Sethi Funds Management Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Sethi Funds Management Private Limited, buy the company report.
Legal cases
Sethi Funds Management Private Limited has 2 court cases on record: 2 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 1 |
| NCLAT | 1 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Small Industrial Development Bank of India | Pending |
To see the full case history of Sethi Funds Management 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 Sethi Funds Management Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sethi Funds Management has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sethi Funds Management Private Limited, buy the company report.
Recent activity
Sethi Funds Management Private Limited has 5 board changes on record since 2001: 2 appointments and 3 cessations. The latest: Radhika Carlton Pereira ceased to be Director on 31 Jan 2018.
Frequently asked questions
Sethi Funds Management is an active private limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 04 October 2001 (25+ years old) and is registered under CIN U67190MH2001PTC184331.
Sethi Funds Management has 2 current directors:
- Salim Pyarali Govani - Director
- Vinod Rajindranath Sethi - Director
The latest financial statements of Sethi Funds Management 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.
No. Sethi Funds Management has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Sethi Funds Management is U67190MH2001PTC184331. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sethi Funds Management has 2 court cases on record: 2 filed against it. 2 are pending. Most are in the high courts.
Sethi Funds Management was incorporated on 04 October 2001, making it 25+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Sethi Funds Management by revenue are Like Way Skills Consultancy and Solution Private Limited, Siglap Consulting (OPC) Private Limited, Rcsrra HR Compliances Consultants Private Limited, Divman Advisors India Private Limited, Vta Engineering Services Private Limited and 5 more, all in the Outsourcing industry (Consulting Services).
Radhika Carlton Pereira ceased to be Director on 31 Jan 2018. Salim Pyarali Govani ceased to be Additional Director on 29 Sep 2007. Palepu Sudhir Rao ceased to be Director on 03 Jul 2007. Sethi Funds Management has 5 board changes on record in total.
The registered office of Sethi Funds Management is at 2B Naaz Building Lamington Road, Mumbai, Maharashtra, India – 400004.
Sethi Funds Management operates in the business outsourcing industry, in the business and IT consulting segment.