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.
Company details
Contact details
Setpal Properties Private Limited's registered office is in Pune, Maharashtra. Its website is setpalproperties.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC3 Off No.303 Bramha Majestic 3rd Floor Nibm Road Kondhwa, Pune, Maharashtra, India – 411048
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Setpal Properties 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
Brands
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 |
Business activity
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
To see the full business activity and turnover split of Setpal Properties Private Limited, buy the company report.
Financials of Setpal Properties Private Limited
FY 2025 filings availableSetpal Properties Private Limited reported revenue of ₹41.41 Lakh (up 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹5.54 Lakh | ||||
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| Net Profit (PAT) | ₹4.16 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 13.4% | ||||
| Net Profit Margin | 10% | ||||
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To see the full financial statements and ratios of Setpal Properties Private Limited, buy the company report.
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 5 Months | Current |
| Haresh Gul Setpal | Director | 01 Apr 2004 | 22 Years 7 Months | Current |
Auditor
Setpal Properties Private Limited is audited by R R BAWKAR & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R R BAWKAR & CO | FY 2020 | 112491W |
Shareholding
The shareholding of Setpal Properties Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Setpal Properties Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Mar 2018 | 100171805 | Others | ₹4 Cr | Satisfied | |
| 30 Jan 2016 | 10618651 | Religare Finvest Limited | ₹4.01 Cr | Satisfied |
To see the full charge records of Setpal Properties Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Setpal Properties Private Limited has 1 court case on record: 1 filed by Setpal Properties. All case is pending.
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 |
To see the full case history of Setpal Properties 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 Setpal Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Setpal Properties has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICS1207L1ZA | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Setpal Properties Private Limited, buy the company report.
Recent activity
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.
Frequently asked questions
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 has 2 current directors:
- Mehak Haresh Setpal - Director
- Haresh Gul Setpal - Director
The latest financial statements of Setpal Properties 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.
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.
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.
Setpal Properties can be reached through the website setpalproperties.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Setpal Properties is at C3 Off No.303 Bramha Majestic 3rd Floor Nibm Road Kondhwa, Pune, Maharashtra, India – 411048.
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