About Setu Overseas Private Limited
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Setu Overseas Private Limited is a private limited company based in Gandhinagar, Gujarat, India. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 26 October 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U52390GJ2013PTC077346. Its GSTIN is 24AATCS8822N1ZI (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Tarang Vinubhai Patel and Pratik Babulal Shah.
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 Office No 601 Megh Malhar Plot No 16 Sector 11, Gandhinagar, Gujarat, India – 382011.
As per the financials filed for FY 2025, the company reported a revenue of ₹38,988, a decline of 74% compared to the previous year. For the same year it recorded a net loss of ₹26,186 (net margin -67.2%) and EBITDA of -₹14,657 (EBITDA margin -37.6%). Revenue has declined at a compounded annual rate (CAGR) of 48% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website electroware.net.
Company details
Contact details
Setu Overseas Private Limited's registered office is in Gandhinagar, Gujarat. Its website is electroware.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No 601 Megh Malhar Plot No 16 Sector 11, Gandhinagar, Gujarat, India – 382011
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Setu Overseas 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 Setu Overseas 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 Setu Overseas Private Limited, buy the company report.
Financials of Setu Overseas Private Limited
FY 2025 filings availableSetu Overseas Private Limited reported revenue of ₹38,988 (down 74% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 48% over five years, including a 74% fall in the latest year. EBITDA fell 99% 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 | -₹14,657 | ||||
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| Net Profit (PAT) | -₹26,186 | ||||
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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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| EBITDA Margin | -37.6% | ||||
| Net Profit Margin | -67.2% | ||||
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To see the full financial statements and ratios of Setu Overseas Private Limited, buy the company report.
Board of directors of Setu Overseas Private Limited
Setu Overseas has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tarang Vinubhai Patel Also directs: Electroware Infotech Private Limited | Director | 26 Oct 2013 | 13 Years 0 Months | Current |
| Pratik Babulal Shah | Director | 27 Feb 2018 | 8 Years 8 Months | Current |
Peer comparison
Setu Overseas Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Zaina International Private Limited | ₹39,046 (FY 2016) | Delhi, India | ||||
| Earthtrade Biz Private Limited | ₹39,010 (FY 2025) | Ahmedabad, Gujarat, India | ||||
| Caragen Nutraceuticals Private Limited | ₹39,000 (FY 2021) | -37.0% | Kolkata, West Bengal, India | |||
| Mysva E-Retail Private Limited | ₹39,000 (FY 2022) | 175.0% | Hyderabad, Telangana, India | |||
| Getwell Merchants Private Limited | ₹39,000 (FY 2024) | -91.0% | Kolkata, West Bengal, India | |||
| Setu Overseas Private Limitedthis company | ₹38,988 (FY 2025) | -₹26,186 | -67.2% | -74.0% | Gandhinagar, Gujarat, India | |
| Dhaneshvarah Overseas Private Limited | ₹38,982 (FY 2024) | Kolkata, West Bengal, India | ||||
| Huzulventek Solutions Private Limited | ₹38,974 (FY 2020) | -17.0% | Gandhi Vihar, New Delhi, Delhi, India | |||
| Jamuna Flour & Oil Mills Pvt Ltd | ₹38,960 (FY 2025) | -32.0% | Kolkata, West Bengal, India | |||
| Xanthron E-Solutions Private Limited | ₹38,960 (FY 2025) | -34.0% | Malappuram, Kerala, India | |||
| Energeniq Engineers Private Limited | ₹38,954 (FY 2024) | -99.0% | Vadodara, Gujarat, India |
To see the full peer comparison of Setu Overseas Private Limited, buy the company report.
Auditor
Setu Overseas Private Limited is audited by PSPATEL& CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PSPATEL& CO. | FY 2017 | 126557W |
Shareholding
The shareholding of Setu Overseas Private 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 Setu Overseas Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Setu Overseas Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Setu Overseas Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Setu Overseas has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AATCS8822N1ZI | Gujarat | Active | 19 Jun 2019 |
To see the full GST registrations and return filing status of Setu Overseas Private Limited, buy the company report.
Recent activity
Setu Overseas Private Limited has 4 board changes on record since 2013: 2 appointments and 2 cessations. The latest: Pratik Babulal Shah ceased to be Additional Director on 29 Sep 2018.
Frequently asked questions
Setu Overseas is an active private limited company based in Gandhinagar, Gujarat, India. The company works in other wholesale, within the trading industry. It was incorporated on 26 October 2013 (13+ years old) and is registered under CIN U52390GJ2013PTC077346.
Setu Overseas has 2 current directors:
- Tarang Vinubhai Patel - Director
- Pratik Babulal Shah - Director
The latest financial statements of Setu Overseas 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 Setu Overseas is 24AATCS8822N1ZI, registered in Gujarat.
The CIN (Corporate Identification Number) of Setu Overseas is U52390GJ2013PTC077346. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Setu Overseas was incorporated on 26 October 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Setu Overseas by revenue are Zaina International Private Limited, Earthtrade Biz Private Limited, Caragen Nutraceuticals Private Limited, Mysva E-Retail Private Limited, Getwell Merchants Private Limited and 5 more, all in the same principal business activity (retail trading).
Pratik Babulal Shah ceased to be Additional Director on 29 Sep 2018. Pratik Babulal Shah was appointed as Director on 27 Feb 2018. Sandip A Patel ceased to be Director on 27 Feb 2018. Setu Overseas has 4 board changes on record in total.
Setu Overseas can be reached through the website electroware.net. Its registered office is in Gandhinagar, Gujarat, India.
The registered office of Setu Overseas is at Office No 601 Megh Malhar Plot No 16 Sector 11, Gandhinagar, Gujarat, India – 382011.
Setu Overseas operates in the trading industry, in the other wholesale segment.