Setu Properties Private Limited
About Setu Properties Private Limited
Data last updated:
Setu Properties Private Limited was a private limited company based in Bhavnagar, Gujarat, 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 real estate development and construction segment of the real estate and construction sector. It was incorporated on 25 January 2010.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U70100GJ2010PTC059326.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors including Sanjaykumar Mansukhlal Shah and Naresh Kantilal Sheth.
Its last annual general meeting (AGM) was held on 20 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office was at Bhavnagar, Gujarat.
As per the financials filed for FY 2022, the company reported a revenue of ₹4.41 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.79 Cr (net margin 85.9%) and EBITDA of -₹78,587 (EBITDA margin -0.2%). Revenue has grown at a compounded annual rate (CAGR) of 319% over three years and 137% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
Company details
Contact details
Setu Properties Private Limited's registered office is in Bhavnagar, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No 2159 – F Opp To Gulistan Ground, Hill Drive, Bhavnagar, Gujarat, India – 364002
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Setu Properties 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 Properties Private Limited
FY 2025 filings availableSetu Properties Private Limited reported revenue of ₹4.41 Cr (up 33155% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 137% over five years. 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹4.41 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹78,587 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.79 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.2% | ||||
| Net Profit Margin | 85.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| 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 Properties Private Limited, buy the company report.
Board of directors of Setu Properties Private Limited
Setu Properties 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 |
|---|---|---|---|---|
| Sanjaykumar Mansukhlal Shah Also directs: Pacific Marine Services LLP, Pasific Infracon LLP, Bhavnagar Shipping (Agency) LLP and 5 more | Director | 25 Jan 2010 | 16 Years 9 Months | As last reported |
| Naresh Kantilal Sheth Also directs: Setu Properties LLP | Director | 12 Jun 2014 | 12 Years 4 Months | As last reported |
| Sandip Mansukhlal Shah Also directs: Pacific Marine Services LLP, Pasific Infracon LLP, Bhavnagar Shipping (Agency) LLP and 5 more | Director | 25 Jan 2010 | 16 Years 9 Months | As last reported |
Auditor
Setu Properties Private Limited is audited by SHWETA D. PAREKH for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHWETA D. PAREKH | FY 2018 | 107381 |
Shareholding
The shareholding of Setu Properties Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Setu Properties Private Limited, buy the company report.
Legal cases
Setu Properties Private Limited has 1 court case on record: 1 filed by Setu Properties. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bhavnagar, Gujarat | Interim or miscellaneous application | Filed by the company against individuals | Disposed |
To see the full case history of Setu Properties 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 Setu Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Setu Properties Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Setu Properties Private Limited has 4 board changes on record since 2010: 3 appointments and 1 cessation. The latest: Naresh Kantilal Sheth ceased to be Additional Director on 15 Sep 2014.
Frequently asked questions
Setu Properties 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.
Setu Properties was a private limited company based in Bhavnagar, Gujarat, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 25 January 2010 and is registered under CIN U70100GJ2010PTC059326. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Setu Properties is U70100GJ2010PTC059326. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Setu Properties had 3 directors:
- Sanjaykumar Mansukhlal Shah - Director
- Naresh Kantilal Sheth - Director
- Sandip Mansukhlal Shah - Director
Setu Properties was incorporated on 25 January 2010. It is registered with the Registrar of Companies, Ahmedabad.
The registered office of Setu Properties is at Plot No 2159 – F Opp To Gulistan Ground, Hill Drive, Bhavnagar, Gujarat, India – 364002.
The latest financial statements of Setu Properties on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 20 September 2025. Year-wise statements from 2015 are in the company report.
Setu Properties operated in the real estate and construction industry, in the real estate builders and developers segment.
Setu Properties has 1 court case on record: 1 filed by the company.
Naresh Kantilal Sheth ceased to be Additional Director on 15 Sep 2014. Naresh Kantilal Sheth was appointed as Director on 12 Jun 2014. Sandip Mansukhlal Shah was appointed as Director on 25 Jan 2010. Setu Properties has 4 board changes on record in total.