About Shet Electricals Private Limited.
Data last updated:
Shet Electricals Private Limited. is a private limited company based in Bangalore, Karnataka, India. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 23 September 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U27201KA1992PTC013558. Its GSTIN is 29AACCS5041C1ZN (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Suvarna Nagaraj and Gadde Mane Nagaraja.
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 Plot No. 241 E F Sy No. 153 Part Sompura 1st Stage Industria Area Nedavanta Sompura Hobli, Bangalore, Karnataka, India – 562111.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.34 Cr, a growth of 47% compared to the previous year. For the same year it recorded a net profit of ₹18.12 Lakh (net margin 13.6%) and EBITDA of ₹48.73 Lakh (EBITDA margin 36.5%). Revenue has grown at a compounded annual rate (CAGR) of 104% over three years and 7% over five years.
As per MCA filings, the company has satisfied charges of ₹12.26 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shetelectricals.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No. 241 E F Sy No. 153 Part Sompura 1st Stage Industria Area Nedavanta Sompura Hobli, Bangalore, Karnataka, India – 562111
- IndustryMetals and Minerals, Metal Manufacturing & Processing
- 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 Shet Electricals Private Limited.
The main business activity of Shet Electricals Private Limited is other service activities. In detail, this covers activities of membership organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| S | Other service activities | 94 | Activities of membership organizations | 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.
Financials of Shet Electricals Private Limited. FY 2025 filings available
Shet Electricals Private Limited. reported revenue of ₹1.34 Cr (up 47% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Shet Electricals Private Limited.
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 47% growth in the latest year. EBITDA fell 13% 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 Shet Electricals 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 | ₹48.73 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹18.12 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 Shet Electricals Private Limited.
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 36.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 13.6% | •••• | •••• | •••• | •••• |
| 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 Shet Electricals Private Limited are in the company report.
Financial statements from 2015
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.
Peer Comparison of Shet Electricals Private Limited.
Shet Electricals Private Limited. is compared with the companies closest to it by revenue in the Metals and Minerals industry (Metals). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mega Exim Private Limited | ₹1.35 Cr (FY 2025) | •••• | •••• | 97.0% | •••• | Ludhiana, Punjab, India |
| Metform Vacutreat India Private Limited | ₹1.34 Cr (FY 2021) | •••• | •••• | -2.0% | •••• | Pune, Maharashtra, India |
| North India Wires Ltd | ₹1.34 Cr (FY 2025) | •••• | •••• | 46.0% | •••• | Kolkata, West Bengal, India |
| Tamboli Corporation Private Limited | ₹1.34 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Bhavnagar, Gujarat, India |
| Unique Untensils India Pvt Ltd | ₹1.34 Cr (FY 2024) | •••• | •••• | 23.0% | •••• | Jharsuguda, Odisha, India |
| Shet Electricals Private Limited. this company | ₹1.34 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | Bangalore, Karnataka, India |
| Kumbh Aluminium Profiles Private Limited | ₹1.33 Cr (FY 2020) | •••• | •••• | 69.0% | •••• | Bhopal, Madhya Pradesh, India |
| Sood Engineering Private Limited | ₹1.33 Cr (FY 2025) | •••• | •••• | -53.0% | •••• | Delhi, India |
| Energy Oilfield Tools Private Limited | ₹1.33 Cr (FY 2025) | •••• | •••• | -55.0% | •••• | New Delhi, Delhi, India |
| Parita Impex Private Limited | ₹1.33 Cr (FY 2016) | •••• | •••• | 138.0% | •••• | Mumbai, Maharashtra, India |
| Lakhanpal Auto Private Limited | ₹1.33 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Haryana, India |
Peers are the five companies nearest above and the five nearest below Shet Electricals Private Limited by revenue in the Metals and Minerals industry (Metals), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Shet Electricals Private Limited.
Shet Electricals Private Limited. is audited by Sudhakar Pai Associates for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Sudhakar Pai Associates | 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 Shet Electricals Private Limited.
Shet Electricals Private Limited has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suvarna Nagaraj | Director | 27 Feb 2002 | 24 Years 7 Months | Current |
| Gadde Mane Nagaraja | Director | 23 Sep 1992 | 34 Years 0 Months | Current |
Ownership and Shareholding of Shet Electricals 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 Shet Electricals Private Limited.
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Feb 2012 | State Bank of India | ₹3.5 Cr | Satisfied |
| 31 Jan 2006 | Hdfc Bank Ltd | ₹1.45 Cr | Satisfied |
| 31 Jan 2006 | H D F C Bank Limited | ₹3.45 Cr | Satisfied |
| 11 Mar 2005 | State Bank of India | ₹1 Cr | Satisfied |
| 11 Mar 2005 | State Bank of India | ₹1 Cr | Satisfied |
Total charge records: 9 View all charges
Legal Cases of Shet Electricals Private Limited.
Shet Electricals Private Limited. has 2 court cases on record: 2 filed by Shet Electricals Private Limited. All cases are disposed. Status as checked between 30 Sep 2026 and 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against an individual | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Shet Electricals Private Limited.
Employment history and EPFO contributions of people linked to Shet Electricals Private Limited.
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.
Recent Activity on Shet Electricals Private Limited.
Shet Electricals Private Limited. has 2 board changes on record since 1992: 2 appointments. The latest: Suvarna Nagaraj was appointed as Director on 27 Feb 2002.
16 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Shet Electricals 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 Shet Electricals 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 Shet Electricals 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.
GST Compliance of Shet Electricals Private Limited.
Shet Electricals Private Limited has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCS5041C1ZN | Karnataka | Active | 01 Jul 2017 |
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.
MCA Filings & Documents of Shet Electricals 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.
Frequently Asked Questions about Shet Electricals Private Limited.
Shet Electricals Private Limited is an active private limited company based in Bangalore, Karnataka, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 23 September 1992 (34+ years old) and is registered under CIN U27201KA1992PTC013558.
Shet Electricals Private Limited reported revenue of ₹1.34 Cr for FY 2025 (up 47% YoY).
Shet Electricals Private Limited has 2 current directors:
- Suvarna Nagaraj - Director
- Gadde Mane Nagaraja - Director
Shet Electricals Private Limited reported a net profit of ₹18.12 Lakh (net margin 13.6%) and EBITDA of ₹48.73 Lakh (EBITDA margin 36.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Shet Electricals Private Limited is 104% over three years and 7% over five years. In the latest year (FY 2025) revenue rose 47%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Shet Electricals Private Limited is 29AACCS5041C1ZN, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Shet Electricals Private Limited is U27201KA1992PTC013558. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shet Electricals Private Limited has 2 court cases on record: 2 filed by the company. Most are in the high courts.
Shet Electricals Private Limited was incorporated on 23 September 1992, making it 34+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Shet Electricals Private Limited by revenue are Mega Exim Private Limited, Metform Vacutreat India Private Limited, North India Wires Ltd, Tamboli Corporation Private Limited, Unique Untensils India Pvt Ltd and 5 more, all in the Metals and Minerals industry (Metals).
Suvarna Nagaraj was appointed as Director on 27 Feb 2002. Gadde Mane Nagaraja was appointed as Director on 23 Sep 1992.