About Setpal Properties Private Limited
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Setpal Properties Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 01 April 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U45201PN2004PTC019072. Its GSTIN is 27AAICS1207L1ZA (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mehak Haresh Setpal and Haresh Gul Setpal.
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 C3 Off No.303 Bramha Majestic 3rd Floor Nibm Road Kondhwa, Pune, Maharashtra, India – 411048.
As per the financials filed for FY 2024, the company reported a revenue of ₹41.41 Lakh, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹4.16 Lakh (net margin 10%) and EBITDA of ₹5.54 Lakh (EBITDA margin 13.4%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 37% over five years.
The company is associated with 1 brand: Setpal Properties. As per MCA filings, the company has satisfied charges of ₹8.01 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website setpalproperties.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressC3 Off No.303 Bramha Majestic 3rd Floor Nibm Road Kondhwa, Pune, Maharashtra, India – 411048
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
- One PDF report, delivered after checkout
Business Activity of Setpal Properties Private Limited
The main business activity of Setpal Properties is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Setpal Properties Private Limited FY 2025 filings available
Setpal Properties Private Limited reported revenue of ₹41.41 Lakh (up 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Setpal Properties Private Limited
Revenue rose 11% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 37%. EBITDA fell 37% 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 of Setpal Properties Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹5.54 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.16 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 of Setpal Properties Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 10% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Setpal Properties are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Setpal Properties Private Limited
Setpal Properties Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Greatdesign Realty Private Limited | ₹41.45 Lakh (FY 2025) | •••• | •••• | -42.0% | •••• | Mumbai, Maharashtra, India |
| Mridu Ispat Private Limited | ₹41.44 Lakh (FY 2025) | •••• | •••• | 66.0% | •••• | Kolkata, West Bengal, India |
| Geo Vikas Infrastructure Private Limited | ₹41.43 Lakh (FY 2023) | •••• | •••• | 797.0% | •••• | Chennai, Tamil Nadu, India |
| Avighna Infratech Private Limited | ₹41.43 Lakh (FY 2017) | •••• | •••• | 1.0% | •••• | Delhi, India |
| Vinayak Buildcon Private Limited | ₹41.42 Lakh (FY 2025) | •••• | •••• | -66.0% | •••• | Delhi, India |
| Setpal Properties Private Limited this company | ₹41.41 Lakh (FY 2024) | •••• | •••• | 11.0% | •••• | Pune, Maharashtra, India |
| Infinium Realty Private Limited | ₹41.41 Lakh (FY 2025) | •••• | •••• | 25.0% | •••• | New Delhi, Delhi, India |
| Anmol Homes Private Limited | ₹41.4 Lakh (FY 2025) | •••• | •••• | 61.0% | •••• | Patna, Bihar, India |
| Sarathi Estates Private Limited | ₹41.36 Lakh (FY 2025) | •••• | •••• | 6.0% | •••• | New Delhi, Delhi, India |
| Serenity Real Estate Private Limited | ₹41.36 Lakh (FY 2025) | •••• | •••• | -74.0% | •••• | New Delhi, Delhi, India |
| Amazing Dealcom Pvt Ltd | ₹41.33 Lakh (FY 2019) | •••• | •••• | -46.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Setpal Properties by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Setpal Properties Private Limited
Setpal Properties Private Limited is audited by R R BAWKAR & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R R BAWKAR & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Setpal Properties Private Limited
Setpal Properties 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 |
|---|---|---|---|---|
| Mehak Haresh Setpal | Director | 15 May 2013 | 13 Years 4 Months | Current |
| Haresh Gul Setpal | Director | 01 Apr 2004 | 22 Years 6 Months | Current |
Ownership and Shareholding of Setpal Properties Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Setpal Properties Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Mar 2018 | Others | ₹4 Cr | Satisfied |
| 30 Jan 2016 | Religare Finvest Limited | ₹4.01 Cr | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Setpal Properties Private Limited
Setpal Properties Private Limited has 1 court case on record: 1 filed by Setpal Properties. All case is pending. Status as checked on 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed by the company against an individual | Pending |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Setpal Properties Private Limited
Setpal Properties operates one associated brand: Setpal Properties. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Real estate development and property construction in India. | setpalproperties.com |
Employees and EPFO Compliance at Setpal Properties Private Limited
Employment history and EPFO contributions of people linked to Setpal Properties.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Setpal Properties Private Limited
Setpal Properties Private Limited has 5 board changes on record since 2004: 2 appointments and 3 cessations. The latest: Mehak Haresh Setpal ceased to be Additional Director on 24 Jul 2015.
Credit Ratings, Litigation & Regulatory Alerts for Setpal Properties Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Setpal Properties Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Setpal Properties Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Setpal Properties Private Limited
Setpal Properties has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICS1207L1ZA | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Setpal Properties Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Setpal Properties Private Limited
Setpal Properties is an active private limited company based in Pune, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 01 April 2004 (22+ years old) and is registered under CIN U45201PN2004PTC019072.
Setpal Properties reported revenue of ₹41.41 Lakh for FY 2024 (up 11% YoY).
Setpal Properties has 2 current directors:
- Mehak Haresh Setpal - Director
- Haresh Gul Setpal - Director
Setpal Properties reported a net profit of ₹4.16 Lakh (net margin 10%) and EBITDA of ₹5.54 Lakh (EBITDA margin 13.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Setpal Properties is -29% over three years and -37% over five years. In the latest year (FY 2024) revenue rose 11%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Setpal Properties is 27AAICS1207L1ZA, registered in Maharashtra.
The CIN (Corporate Identification Number) of Setpal Properties is U45201PN2004PTC019072. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Setpal Properties has 1 court case on record: 1 filed by the company. 1 is pending.
Setpal Properties was incorporated on 01 April 2004, making it 22+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Setpal Properties by revenue are Greatdesign Realty Private Limited, Mridu Ispat Private Limited, Geo Vikas Infrastructure Private Limited, Avighna Infratech Private Limited, Vinayak Buildcon Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Mehak Haresh Setpal ceased to be Additional Director on 24 Jul 2015. Dhiraj Gul Setpal ceased to be Director on 05 Aug 2013. Mehak Haresh Setpal was appointed as Director on 15 May 2013. Setpal Properties has 5 board changes on record in total.