Setu Payments Private Limited

Setu Payments Private Limited - financial services in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U72400KA2021PTC151559 Incorporated 08 September 2021 ROC Bangalore HQ Bangalore, Karnataka, India
Struck Off Private Limited Company financial services
Data last updated
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
3
As per MCA filings
Brands
1
Associated brands
Last financials
Mar 2022
Balance sheet date
Last AGM
30 Sep 2022
Annual general meeting
Company status
Struck Off
MCA master data

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

CIN U72400KA2021PTC151559
Registration Number 151559
Incorporation Date 08 September 2021
ROC Bangalore
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Parent Company Brokentusk Technologies Private Limited
Compliance Status Active Compliant

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 Address
    Third Floor No. 2/1 Embassy Icon Annexe Infantry Road Bengaluru – 560001, Bangalore, Karnataka, India – 560001
  • Industry
    Financial Services, Digital Payment Solutions

To see the full contact details of Setu Payments Private Limited, buy the company report.

Comprehensive company report
Setu Payments Private Limited - one report that includes everything
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  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Brands

Setu Payments operates one associated brand: Setu. Each brand links to its own profile.

BrandDescriptionWebsite
Diversified payment acceptance and KYC management are provided for businesses.setu.co

Financials of Setu Payments Private Limited

FY 2022 filings available

Financial Statement Summary

MetricsFY 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

MetricsFY 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.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Ritesh KhetanDirector22 Jun 20224 Years 4 MonthsAs last reported
Sahil Ramanath KiniDirector08 Sep 20215 Years 1 MonthsAs last reported
Jagriti BhattacharyyaDirector22 Jun 20224 Years 4 MonthsAs last reported

Auditor

Setu Payments Private Limited is audited by Guru & Jana for the financial year 2022.

Auditor firmFinancial yearFirm registration number
Guru & JanaFY 2022006826S

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.

Active EPFO establishments
1

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.

AGM
Setu Payments Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Appointed
Jagriti Bhattacharyya was appointed as Director.
Ceased
Jagriti Bhattacharyya ceased to be Additional Director.
Ceased
Nikhil Sathish Kumar Kolar ceased to be Director.
Appointed
Ritesh Khetan was appointed as Director.
Ceased
Ritesh Khetan ceased to be Additional Director.
Filing
Setu Payments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.
Appointed
Sahil Ramanath Kini was appointed as Director.
Incorporation
08 Sep 2021
Setu Payments Private Limited was registered on 08 Sep 2021 with Roc Bangalore & aged 5 years 1 month as per MCA records.

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:

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.