Setron Synthetics Private Limited
About Setron Synthetics Private Limited
Data last updated:
Setron Synthetics Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the textile and fabric production segment of the manufacturing sector. It was incorporated on 21 April 1988.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U17110MH1988PTC047105. Its GSTIN is 27AAACS0689L1ZY (Maharashtra). The company held 3 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹30 Lakh and a paid-up capital of ₹18.38 Lakh. It was formerly known as Setron Synthetics Limited. It was led by directors including Roop Kishinchand Khemani and Ajay Kumar Nathani.
Its last annual general meeting (AGM) was held on 04 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office was at Kapadia Chambers 599 J.S.S. Road 4th Floor R. No. 8 – 12 Chira Bazar, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2025, the company reported a revenue of ₹58.82 Lakh, a decline of 87% compared to the previous year. For the same year it recorded a net loss of ₹58.05 Lakh (net margin -98.7%) and EBITDA of -₹15.75 Lakh (EBITDA margin -26.8%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 21% over five years.
As per MCA filings, the company has satisfied charges of ₹4.64 Cr on record. Court records list 11 cases involving the company, including 6 filed by the company and 5 filed against it.
Company details
Contact details
Setron Synthetics Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressKapadia Chambers 599 J.S.S. Road 4th Floor R. No. 8 – 12 Chira Bazar, Mumbai, Maharashtra, India – 400002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Setron Synthetics 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 Setron Synthetics is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Setron Synthetics Private Limited, buy the company report.
Financials of Setron Synthetics Private Limited
FY 2025 filings availableSetron Synthetics Private Limited reported revenue of ₹58.82 Lakh (down 87% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 21% over five years, including a 87% fall in the latest year. EBITDA fell 104% 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 | -₹15.75 Lakh | ||||
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| Net Profit (PAT) | -₹58.05 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 | -26.8% | ||||
| Net Profit Margin | -98.7% | ||||
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To see the full financial statements and ratios of Setron Synthetics Private Limited, buy the company report.
Board of directors of Setron Synthetics Private Limited
Setron Synthetics 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 |
|---|---|---|---|---|
| Roop Kishinchand Khemani | Director | 21 Apr 1988 | 38 Years 6 Months | As last reported |
| Ajay Kumar Nathani | Director | 18 Nov 2001 | 24 Years 11 Months | As last reported |
| Kumar Satur Nathani Also directs: N.K.R. Agrotech LLP, Setron Synthetics LLP, Butex Textile Industries Pvt Ltd and 1 more | Director | 21 Apr 1988 | 38 Years 6 Months | As last reported |
Auditor
Setron Synthetics Private Limited is audited by RAJU GUPTA & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJU GUPTA & ASSOCIATES | FY 2021 | 108477W |
Shareholding
The shareholding of Setron Synthetics Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Setron Synthetics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Mar 1995 | 90226003 | Bank of Bahrain & Kuwatt B. S. C. | ₹3.09 Cr | Satisfied | |
| 20 Jul 1994 | 90225966 | Bank of Bahrain & Kuwatt B. S. C. | ₹15 Lakh | Satisfied | |
| 07 Oct 1993 | 90224444 | Bank of Bahrain & Kuwatt B. S. C. | ₹1.4 Cr | Satisfied |
To see the full charge records of Setron Synthetics Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Setron Synthetics Private Limited has 11 court cases on record: 6 filed by Setron Synthetics, 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 4 | 0 |
| District courts | 4 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Company petition | Filed by the company against M/S. Jyotsna Constructions Pvt. Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against Jyotsna Construction Pvt. Ltd. and 2 others | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Deputy Commissioner of Income Tax Circle 4( and 4 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by The Commissioner of Income Tax - 4, Mumbai | Disposed |
To see the full case history of Setron Synthetics 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 Setron Synthetics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Setron Synthetics has 2 associated companies. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
GST
Setron Synthetics has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACS0689L1ZY | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Setron Synthetics Private Limited, buy the company report.
Recent activity
Setron Synthetics Private Limited has 4 board changes on record since 1988: 3 appointments and 1 cessation. The latest: Nand Kishinchand Khemani ceased to be Director on 10 May 2019.
1 earlier event is in the company report.
Frequently asked questions
Setron Synthetics has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Setron Synthetics was a private limited company based in Mumbai, Maharashtra, India. The company worked in textile and fabric production, within the manufacturing industry. It was incorporated on 21 April 1988 and is registered under CIN U17110MH1988PTC047105. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Setron Synthetics is U17110MH1988PTC047105. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Setron Synthetics had 3 directors:
- Roop Kishinchand Khemani - Director
- Ajay Kumar Nathani - Director
- Kumar Satur Nathani - Director
Setron Synthetics was incorporated on 21 April 1988. It is registered with the Registrar of Companies, Mumbai.
The registered office of Setron Synthetics is at Kapadia Chambers 599 J.S.S. Road 4th Floor R. No. 8 – 12 Chira Bazar, Mumbai, Maharashtra, India – 400002.
The latest financial statements of Setron Synthetics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 04 June 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Setron Synthetics is 27AAACS0689L1ZY, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
Setron Synthetics operated in the manufacturing industry, in the textile and fabric production segment.
Setron Synthetics has 11 court cases on record: 6 filed by the company and 5 filed against it. Most are in the high courts.