Sethi Garments Private Limited
About Sethi Garments Private Limited
Data last updated:
Sethi Garments Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the kids wear segment of the fashion and textiles sector. It was incorporated on 05 July 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U18101PB2007PTC031253. Its GSTIN is 03AALCS0140B1Z4 (Punjab).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹14.25 Lakh. It is led by directors including Surinder Paul Singh and Harpreet Singh.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at C.L. Jain Colony Sharman Enclave Bahadur Ke Road, Ludhiana, Punjab, India – 141008.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.47 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹32.18 Lakh (net margin 1.7%) and EBITDA of ₹1.42 Cr (EBITDA margin 7.3%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 2% over five years.
The company has about 32 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹7.37 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sethi Garments Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC.L. Jain Colony Sharman Enclave Bahadur Ke Road, Ludhiana, Punjab, India – 141008
- IndustryFashion and Textile, Kids Wear
To see the full contact details of Sethi Garments 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 Sethi Garments is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Sethi Garments Private Limited, buy the company report.
Financials of Sethi Garments Private Limited
FY 2024 filings availableSethi Garments Private Limited reported revenue of ₹19.47 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 2% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA rose 4% 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 | ₹1.42 Cr | ||||
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| Net Profit (PAT) | ₹32.18 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 7.3% | ||||
| Net Profit Margin | 1.7% | ||||
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To see the full financial statements and ratios of Sethi Garments Private Limited, buy the company report.
Board of directors of Sethi Garments Private Limited
Sethi Garments has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Khushwant Kaur | Additional Director | 01 Nov 2017 | 8 Years 11 Months | Current |
| Surinder Paul Singh | Director | 05 Jul 2007 | 19 Years 3 Months | Current |
| Harpreet Singh | Director | 05 Jul 2007 | 19 Years 3 Months | Current |
| Gurvinder Sethi | Additional Director | 01 Nov 2017 | 8 Years 11 Months | Current |
| Sajan Preet Singh Sethi | Additional Director | 15 Jun 2016 | 10 Years 4 Months | Current |
Peer comparison
Sethi Garments Private Limited is compared with the 6 companies closest to it by revenue in the Apparel industry (Kids Wear), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Niomoda Clothing Private Limited | ₹21.15 Cr (FY 2025) | 46.0% | Kolkata, West Bengal, India | |||
| Goodwill Impex Limited | ₹20.23 Cr (FY 2024) | 7.0% | Jaipur, Rajasthan, India | |||
| Brunswick Investments Private Limited | ₹19.57 Cr (FY 2019) | -16.0% | New Delhi, Delhi, India | |||
| Sethi Garments Private Limitedthis company | ₹19.47 Cr (FY 2025) | ₹32.18 Lakh | 1.7% | 2.0% | 32 | Ludhiana, Punjab, India |
| A. L. A Trading Private Limited | ₹18.87 Cr (FY 2024) | 6.0% | Howrah, West Bengal, India | |||
| RPV Exports Private Limited | ₹17.85 Cr (FY 2025) | -13.0% | Kolkata, West Bengal, India | |||
| Moms Pet Apparels Private Limited | ₹16.71 Cr (FY 2024) | 15.0% | Delhi, India |
To see the full peer comparison of Sethi Garments Private Limited, buy the company report.
Auditor
Sethi Garments Private Limited is audited by D.S. SADIORA & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D.S. SADIORA & ASSOCIATES | FY 2022 | 017277N |
Shareholding
The shareholding of Sethi Garments 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 Sethi Garments Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Dec 2020 | 100415966 | Others | ₹4.8 Cr | Open | |
| 19 Jun 2019 | 100441655 | Axis Bank Limited | ₹32 Lakh | Open | |
| 26 Dec 2012 | 10397060 | State Bank of Patiala | ₹50 Lakh | Open | |
| 30 Apr 2008 | 10103409 | State Bank of Patiala | ₹1.75 Cr | Open |
To see the full charge records of Sethi Garments Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Sethi Garments Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Court case (TRAFFIC) | Filed against the company by State | Disposed |
To see the full case history of Sethi Garments 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 Garments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sethi Garments Private Limited has a workforce of 32 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Sethi Garments has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AALCS0140B1Z4 | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sethi Garments Private Limited, buy the company report.
Recent activity
Sethi Garments Private Limited has 5 board changes on record since 2007: 5 appointments. The latest: Gurvinder Sethi was appointed as Additional Director on 01 Nov 2017.
2 earlier events are in the company report.
Frequently asked questions
Sethi Garments is an active private limited company based in Ludhiana, Punjab, India. The company works in kids wear, within the fashion and textile industry. It was incorporated on 05 July 2007 (19+ years old) and is registered under CIN U18101PB2007PTC031253.
Sethi Garments has 5 current directors:
- Khushwant Kaur - Additional Director
- Surinder Paul Singh - Director
- Harpreet Singh - Director
- Gurvinder Sethi - Additional Director
- Sajan Preet Singh Sethi - Additional Director
The latest financial statements of Sethi Garments on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Sethi Garments is 03AALCS0140B1Z4, registered in Punjab.
The CIN (Corporate Identification Number) of Sethi Garments is U18101PB2007PTC031253. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sethi Garments has 1 court case on record: 1 filed against it.
Sethi Garments was incorporated on 05 July 2007, making it 19+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Sethi Garments by revenue are Niomoda Clothing Private Limited, Goodwill Impex Limited, Brunswick Investments Private Limited, A. L. A Trading Private Limited, RPV Exports Private Limited and 1 more, all in the Apparel industry (Kids Wear), with the same principal business activity (textile, leather and other apparel products).
Gurvinder Sethi was appointed as Additional Director on 01 Nov 2017. Khushwant Kaur was appointed as Additional Director on 01 Nov 2017. Sajan Preet Singh Sethi was appointed as Additional Director on 15 Jun 2016. Sethi Garments has 5 board changes on record in total.
The registered office of Sethi Garments is at C.L. Jain Colony Sharman Enclave Bahadur Ke Road, Ludhiana, Punjab, India – 141008.
Sethi Garments operates in the fashion and textile industry, in the kids wear segment.