Setu Papers Private Limited
About Setu Papers Private Limited
Data last updated:
Setu Papers Private Limited is a private limited company based in Pardi, Gujarat, India. It operates in the paper and packaging products segment of the manufacturing sector. It was incorporated on 11 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U21099GJ2018PTC102304. Its GSTIN is 24ABACS3014J1ZP (Gujarat).
The company has an authorised share capital of ₹1.2 Cr and a paid-up capital of ₹1.15 Cr. It is led by directors Devendra Pravinchandra Shah and Induben Pravinchandra 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 6/7 Siddharth Society N.H. No. 8, Pardi, Gujarat, India – 396125.
As per the financials filed for FY 2025, the company reported a revenue of ₹36.39 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹12.4 Lakh (net margin 0.3%) and EBITDA of ₹23.05 Lakh (EBITDA margin 0.6%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 27% over five years.
As per MCA filings, the company has satisfied charges of ₹1.3 Cr on record.
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- Registered Address6/7 Siddharth Society N.H. No. 8, Pardi, Gujarat, India – 396125
- IndustryManufacturing, Paper & Packaging Products
- 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 Setu Papers Private Limited
The main business activity of Setu Papers is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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.
Auditor Details of Setu Papers Private Limited
Setu Papers Private Limited is audited by J V VASANI & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J V VASANI & 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 Setu Papers Private Limited
Setu Papers 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 |
|---|---|---|---|---|
| Induben Pravinchandra Shah | Additional Director | 06 Nov 2024 | 1 Years 10 Months | Current |
| Devendra Pravinchandra Shah | Director | 11 May 2018 | 8 Years 4 Months | Current |
Financials of Setu Papers Private Limited FY 2025 filings available
Setu Papers Private Limited reported revenue of ₹36.39 Cr (up 191% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Setu Papers Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 191% growth in the latest year. EBITDA fell 16% 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 Setu Papers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹23.05 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹12.4 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 Setu Papers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.3% | •••• | •••• | •••• | •••• |
| 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 Setu Papers are in the company report.
Financial statements from FY 2019
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.
Ownership and Shareholding of Setu Papers 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 Setu Papers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Nov 2019 | State Bank of India | ₹1.3 Cr | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Setu Papers Private Limited
Employment history and EPFO contributions of people linked to Setu Papers.
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.
GST Compliance of Setu Papers Private Limited
Setu Papers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24ABACS3014J1ZP | Gujarat | Active | 06 Jul 2018 |
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.
Credit Ratings, Litigation & Regulatory Alerts for Setu Papers 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 Setu Papers 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 Setu Papers 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.
MCA Filings & Documents of Setu Papers 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.
Recent Activity on Setu Papers Private Limited
Frequently Asked Questions about Setu Papers Private Limited
Setu Papers is an active private limited company based in Pardi, Gujarat, India. The company works in paper and packaging products, within the manufacturing industry. It was incorporated on 11 May 2018 (8+ years old) and is registered under CIN U21099GJ2018PTC102304.
Setu Papers reported revenue of ₹36.39 Cr for FY 2025 (up 191% YoY).
Setu Papers has 2 current directors:
- Induben Pravinchandra Shah - Additional Director
- Devendra Pravinchandra Shah - Director
Setu Papers reported a net profit of ₹12.4 Lakh (net margin 0.3%) and EBITDA of ₹23.05 Lakh (EBITDA margin 0.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Setu Papers is 1% over three years and 27% over five years. In the latest year (FY 2025) revenue rose 191%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Setu Papers is 24ABACS3014J1ZP, registered in Gujarat.
The CIN (Corporate Identification Number) of Setu Papers is U21099GJ2018PTC102304. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Setu Papers was incorporated on 11 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The registered office of Setu Papers is at 67 Siddharth Society N.H. No. 8, Pardi, Gujarat, India – 396125.