Setpro18 Distribution Limited
About Setpro18 Distribution Limited
Data last updated:
Setpro18 Distribution Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Network18 Meida & Investments Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the telecom service providers segment of the telecommunications sector. It was incorporated on 28 September 1993.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74899MH1993PLC273530. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹34 Lakh and a paid-up capital of ₹34 Lakh. It was formerly known as Setpro Holdings Pvt Ltd and Setpro18 Distribution Private Limited. It was led by directors including Karanvir Singh Gill and Deepak Gupta.
Its last annual general meeting (AGM) was held on 23 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at First Floor Empire Complex 414 – Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2017, the company reported a revenue of ₹18.27 Lakh, a decline of 81% compared to the previous year. For the same year it recorded a net profit of ₹3.2 Lakh (net margin 17.5%) and EBITDA of ₹10.06 Lakh (EBITDA margin 55.1%).
As per MCA filings, the company had satisfied charges of ₹4 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
Company details
Name history
Setpro18 Distribution has undergone 2 name changes throughout its history. The company was previously known as Setpro Holdings Pvt Ltd, and Setpro18 Distribution Private Limited. The current legal name is Setpro18 Distribution Limited.
| Company Name | Status |
|---|---|
| Setpro18 Distribution Limited | Current |
| Setpro Holdings Pvt Ltd | Previous |
| Setpro18 Distribution Private Limited | Previous |
CIN history
Setpro18 Distribution has one previous CIN (Corporate Identification Number): U74899DL1993PLC055410. The current CIN is U74899MH1993PLC273530, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899MH1993PLC273530 | Current |
| U74899DL1993PLC055410 | Previous |
Contact details
Setpro18 Distribution Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressFirst Floor Empire Complex 414 – Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryTelecom, Telecom Service Providers
To see the full contact details of Setpro18 Distribution 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 Setpro18 Distribution Limited
FY 2017 filings availableSetpro18 Distribution Limited reported revenue of ₹18.27 Lakh (down 81% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 81% in the latest year. EBITDA rose 497% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
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| Revenue from Operations | |||
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| Total Expenses | |||
| EBITDA | ₹10.06 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹3.2 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
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| Long-term Borrowings | |||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 55.1% | ||
| Net Profit Margin | 17.5% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
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| Efficiency and Growth | |||
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| Receivable Days | |||
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| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Setpro18 Distribution Limited, buy the company report.
Board of directors of Setpro18 Distribution Limited
Setpro18 Distribution has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karanvir Singh Gill Also directs: Infomedia Press Limited, Moneycontrol Dot Com India Limited, Moneycontrol Dot Com India Limited and 1 more | Director | 01 Oct 2015 | 11 Years 1 Months | As last reported |
| Deepak Gupta | Director | 23 Feb 2017 | 9 Years 8 Months | As last reported |
| Sanjiv Kulshreshtha | Director | 15 Oct 2014 | 12 Years 0 Months | As last reported |
Peer comparison
Setpro18 Distribution Limited is compared with the 10 companies closest to it by revenue in the Telecom industry (Telecom Service Providers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nexus Barter Private Limited | ₹19.21 Lakh (FY 2024) | -13.0% | Kolkata, West Bengal, India | |||
| Airgigafiber Net Service Private Limited | ₹19.2 Lakh (FY 2022) | 612.0% | Bengaluru, Karnataka, India | |||
| Compatel India Private Limited | ₹18.9 Lakh (FY 2025) | Mumbai, Maharashtra, India | ||||
| PHL Reality Private Limited | ₹18.55 Lakh (FY 2022) | 4.0% | Surat, Gujarat, India | |||
| Easy Commune Online Services Private Limited | ₹18.32 Lakh (FY 2024) | -43.0% | Kozhikode, Kerala, India | |||
| Setpro18 Distribution Limitedthis company | ₹18.27 Lakh (FY 2017) | ₹3.2 Lakh | 17.5% | -81.0% | Mumbai, Maharashtra, India | |
| Cedarview Technology Private Limited | ₹18.24 Lakh (FY 2024) | 122.0% | Chennai, Tamil Nadu, India | |||
| Revutel Consulting Services Private Limited | ₹18.14 Lakh (FY 2018) | 316.0% | Delhi, India | |||
| Aayushvika Enterprises Private Limited | ₹18.07 Lakh (FY 2025) | 20.0% | Dehradun, Uttarakhand, India | |||
| Calltap Private Limited | ₹17.81 Lakh (FY 2025) | -6.0% | Jalna, Maharashtra, India | |||
| Air Voice Tele Services Private Limited | ₹17.74 Lakh (FY 2019) | 30.0% | Patna, Bihar, India |
To see the full peer comparison of Setpro18 Distribution Limited, buy the company report.
Auditor
Setpro18 Distribution Limited is audited by MOHAN L JAIN & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MOHAN L JAIN & CO | FY 2016 | 005345N |
Shareholding
The shareholding of Setpro18 Distribution Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Setpro18 Distribution Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Aug 2009 | 10178435 | Yes Bank Limited | ₹4 Cr | Satisfied |
To see the full charge records of Setpro18 Distribution Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Setpro18 Distribution Limited 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 |
|---|---|---|---|
| High courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Appeal | Filed against the company by Reed Infomedia India Pvt. Ltd. | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by PR. Commissioner of Income Tax-16 | Pending |
To see the full case history of Setpro18 Distribution 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 Setpro18 Distribution Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Setpro18 Distribution has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Setpro18 Distribution Limited, buy the company report.
Recent activity
Setpro18 Distribution Limited has 16 board changes on record since 2008: 3 appointments and 13 cessations. The latest: Deepak Gupta ceased to be Additional Director on 23 Sep 2017.
10 earlier events are in the company report.
Frequently asked questions
Setpro18 Distribution has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Setpro18 Distribution was a public limited company based in Mumbai, Maharashtra, India. The company worked in telecom service providers, within the telecom industry. It was incorporated on 28 September 1993 and is registered under CIN U74899MH1993PLC273530. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Setpro18 Distribution was incorporated on 28 September 1993. It is registered with the Registrar of Companies, Mumbai.
Setpro18 Distribution had 3 directors:
- Karanvir Singh Gill - Director
- Deepak Gupta - Director
- Sanjiv Kulshreshtha - Director
The CIN (Corporate Identification Number) of Setpro18 Distribution is U74899MH1993PLC273530. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Setpro18 Distribution is at First Floor Empire Complex 414 – Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
The latest financial statements of Setpro18 Distribution on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 23 September 2017. Year-wise statements from 2015 are in the company report.
No. Setpro18 Distribution has 2 GST registrations on record and all of them are cancelled or inactive.
Setpro18 Distribution operated in the telecom industry, in the telecom service providers segment.
The peers of Setpro18 Distribution by revenue are Nexus Barter Private Limited, Airgigafiber Net Service Private Limited, Compatel India Private Limited, PHL Reality Private Limited, Easy Commune Online Services Private Limited and 5 more, all in the Telecom industry (Telecom Service Providers).
Setpro18 Distribution has 2 court cases on record: 2 filed against it. 1 is pending.
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