Sethi Pigments Pvt Ltd
About Sethi Pigments Pvt Ltd
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Sethi Pigments Pvt Ltd is a private limited company based in Nagpur, Maharashtra, India. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 15 February 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24221MH1985PTC035359. Its GSTIN is 27AACCS5400K1ZF (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.52 Lakh. It is led by directors including Baljit Singh Amrik Sethi (Managing Director) and Dashmesh Singh Sethi.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 7 Kamptee Road Gaddi Gudam, Nagpur, Maharashtra, India – 440001.
As per the financials filed for FY 2021, the company reported a revenue of ₹38.68 Lakh, a decline of 56% compared to the previous year. For the same year it recorded a net profit of ₹87,622 (net margin 2.3%) and EBITDA of ₹1.56 Lakh (EBITDA margin 4%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 7% over five years.
As per MCA filings, the company has open charges of ₹20 Lakh on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sethi Pigments Pvt Ltd's registered office is in Nagpur, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address7 Kamptee Road Gaddi Gudam, Nagpur, Maharashtra, India – 440001
- IndustryMetals and Minerals, Metal Manufacturing & Processing
To see the full contact details of Sethi Pigments 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
Business activity
The main business activity of Sethi Pigments is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Sethi Pigments Pvt Ltd, buy the company report.
Financials of Sethi Pigments Pvt Ltd
FY 2021 filings availableSethi Pigments Pvt Ltd reported revenue of ₹38.68 Lakh (down 56% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 56% fall in the latest year. EBITDA fell 54% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹1.56 Lakh | ||||
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| Net Profit (PAT) | ₹87,622 | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA Margin | 4% | ||||
| Net Profit Margin | 2.3% | ||||
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To see the full financial statements and ratios of Sethi Pigments Pvt Ltd, buy the company report.
Board of directors of Sethi Pigments Pvt Ltd
Sethi Pigments has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dashmesh Singh Sethi | Director | 24 Oct 2014 | 12 Years 0 Months | Current |
| Paramjitkaur Baljitsingh Sethi | Director | 30 Jun 1986 | 40 Years 3 Months | Current |
| Baljit Singh Amrik Sethi | Managing Director | 01 May 1992 | 34 Years 5 Months | Current |
Auditor
Sethi Pigments Pvt Ltd is audited by P N BAHRI & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P N BAHRI & CO | FY 2019 | 001091C |
Shareholding
The shareholding of Sethi Pigments Pvt Ltd is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sethi Pigments Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Mar 2007 | 10054415 | State Bank of India | ₹20 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Sethi Pigments Pvt Ltd has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Cheque dishonour complaint | Filed against the company by Namoh Sales India Pvt. Ltd. Through Its Director SH Sanjay Jain | Pending |
| District court, Central, Delhi | Commercial suit | Filed against the company by Namoh Sales India Pvt Limited | Disposed |
To see the full case history of Sethi Pigments 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 Sethi Pigments Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sethi Pigments has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCS5400K1ZF | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sethi Pigments Pvt Ltd, buy the company report.
Recent activity
Sethi Pigments Pvt Ltd has 4 board changes on record since 1986: 3 appointments and 1 cessation. The latest: Dashmesh Singh Sethi ceased to be Additional Director on 30 Sep 2015.
Frequently asked questions
Sethi Pigments is an active private limited company based in Nagpur, Maharashtra, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 15 February 1985 (41+ years old) and is registered under CIN U24221MH1985PTC035359.
Sethi Pigments has 3 current directors:
- Baljit Singh Amrik Sethi - Managing Director
- Dashmesh Singh Sethi - Director
- Paramjitkaur Baljitsingh Sethi - Director
The latest financial statements of Sethi Pigments on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Sethi Pigments is 27AACCS5400K1ZF, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sethi Pigments is U24221MH1985PTC035359. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sethi Pigments has 2 court cases on record: 2 filed against it. 1 is pending.
Sethi Pigments was incorporated on 15 February 1985, making it 41+ years old. It is registered with the Registrar of Companies, Mumbai.
Dashmesh Singh Sethi ceased to be Additional Director on 30 Sep 2015. Dashmesh Singh Sethi was appointed as Director on 24 Oct 2014. Baljit Singh Amrik Sethi was appointed as Managing Director on 01 May 1992. Sethi Pigments has 4 board changes on record in total.
The registered office of Sethi Pigments is at 7 Kamptee Road Gaddi Gudam, Nagpur, Maharashtra, India – 440001.
Sethi Pigments operates in the metals and minerals industry, in the metal manufacturing and processing segment.