
About Setu Payments Private Limited
Data last updated:
Setu Payments Private Limited was a private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Brokentusk Technologies Private Limited. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the digital payment solutions segment of the financial services sector. It was incorporated on 08 September 2021.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72400KA2021PTC151559.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Ritesh Khetan and Sahil Ramanath Kini.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Third Floor No. 2/1 Embassy Icon Annexe Infantry Road Bengaluru – 560001, Bangalore, Karnataka, India – 560001.
The company was associated with 1 brand: Setu.
The last known website on record is setu.co.
Company details
Contact details
Setu Payments Private Limited's registered office is in Bangalore, Karnataka. Its website is setu.co. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressThird Floor No. 2/1 Embassy Icon Annexe Infantry Road Bengaluru – 560001, Bangalore, Karnataka, India – 560001
- IndustryFinancial Services, Digital Payment Solutions
To see the full contact details of Setu Payments 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
Financials of Setu Payments Private Limited
FY 2022 filings availableFinancial Statement Summary
| Metrics | FY 2021-22 |
|---|---|
| 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 | |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | |
| 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
| Metrics | FY 2021-22 |
|---|---|
| Profitability | |
| EBITDA Margin | |
| Net Profit Margin | |
| 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 | |
To see the full financial statements and ratios of Setu Payments Private Limited, buy the company report.
Board of directors of Setu Payments Private Limited
Setu Payments has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ritesh Khetan Also directs: Anumati Technologies Private Limited, Qfix Infocomm Private Limited, Brokentusk Technologies Private Limited and 1 more | Director | 22 Jun 2022 | 4 Years 4 Months | As last reported |
| Sahil Ramanath Kini Also directs: Reserve Bank Innovation Hub, Agya Technologies Private Limited | Director | 08 Sep 2021 | 5 Years 1 Months | As last reported |
| Jagriti Bhattacharyya | Director | 22 Jun 2022 | 4 Years 4 Months | As last reported |
Auditor
Setu Payments Private Limited is audited by Guru & Jana for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Guru & Jana | FY 2022 | 006826S |
Legal cases
No court or tribunal cases involving Setu Payments 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 Payments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Setu Payments Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
GST
No GST registration is on our record for Setu Payments Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Setu Payments Private Limited has 6 board changes on record since 2021: 3 appointments and 3 cessations. The latest: Jagriti Bhattacharyya was appointed as Director on 22 Jun 2022.
News
Frequently asked questions
Setu Payments has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Setu Payments was a private limited company based in Bangalore, Karnataka, India. The company worked in digital payment solutions, within the financial services industry. It was incorporated on 08 September 2021 and is registered under CIN U72400KA2021PTC151559. The company has been struck off by the Registrar of Companies and is no longer operational.
Setu Payments had 3 directors:
- Ritesh Khetan - Director
- Sahil Ramanath Kini - Director
- Jagriti Bhattacharyya - Director
The CIN (Corporate Identification Number) of Setu Payments is U72400KA2021PTC151559. 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 Setu Payments is at Third Floor No. 21 Embassy Icon Annexe Infantry Road Bengaluru – 560001, Bangalore, Karnataka, India – 560001.
Setu Payments was incorporated on 08 September 2021. It is registered with the Registrar of Companies, Bangalore.
Setu Payments can be reached through the website setu.co. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Setu Payments on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2022 are in the company report.
Setu Payments operated in the financial services industry, in the digital payment solutions segment. It worked in this industry before it was struck off.
Jagriti Bhattacharyya was appointed as Director on 22 Jun 2022. Jagriti Bhattacharyya ceased to be Additional Director on 22 Jun 2022. Nikhil Sathish Kumar Kolar ceased to be Director on 22 Jun 2022. Setu Payments has 6 board changes on record in total.