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About Shetter (India) Private Limited
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Shetter (India) Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the specialised services segment of the trading and commerce sector. It was incorporated on 28 March 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51909KA1984PTC005982.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4 Lakh. It is led by directors Madan Nathmal Baldota and Piyoosh Madan Baldota.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 52 40th Cross Rajkiran Appartments Jayanagar 8th Block, Bangalore, Karnataka, India – 560082.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.67 Lakh, a growth of 78% compared to the previous year. For the same year it recorded a net profit of ₹30,604 (net margin 8.3%) and EBITDA of ₹36,910 (EBITDA margin 10.1%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 4% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website happyvalleyindia.com.
Company details
Contact details
Shetter (India) Private Limited's registered office is in Bangalore, Karnataka. Its website is happyvalleyindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address52 40th Cross Rajkiran Appartments Jayanagar 8th Block, Bangalore, Karnataka, India – 560082
- IndustryTrading, Specialty, Wholesale
To see the full contact details of Shetter (India) 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
Business activity
The main business activity of Shetter (India) is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Shetter (India) Private Limited, buy the company report.
Financials of Shetter (India) Private Limited
FY 2023 filings availableShetter (India) Private Limited reported revenue of ₹3.67 Lakh (up 78% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 78% growth in the latest year. EBITDA rose 130% 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
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| EBITDA | ₹36,910 | ||||
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| Net Profit (PAT) | ₹30,604 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 10.1% | ||||
| Net Profit Margin | 8.3% | ||||
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To see the full financial statements and ratios of Shetter (India) Private Limited, buy the company report.
Board of directors of Shetter (India) Private Limited
Shetter (India) has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madan Nathmal Baldota | Director | 28 Mar 1984 | 42 Years 6 Months | Current |
| Piyoosh Madan Baldota | Director | 31 Mar 2005 | 21 Years 6 Months | Current |
Auditor
Shetter (India) Private Limited is audited by Mukesh Shet & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mukesh Shet & Associates | FY 2017 | 002148S |
Shareholding
The shareholding of Shetter (India) Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Shetter (India) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Shetter (India) 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 Shetter (India) 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 Shetter (India) Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Shetter (India) Private Limited has 2 board changes on record since 1984: 2 appointments. The latest: Piyoosh Madan Baldota was appointed as Director on 31 Mar 2005.
Frequently asked questions
Shetter (India) is an active private limited company based in Bangalore, Karnataka, India. The company works in specialty, within the trading industry. It was incorporated on 28 March 1984 (42+ years old) and is registered under CIN U51909KA1984PTC005982.
Shetter (India) has 2 current directors:
- Madan Nathmal Baldota - Director
- Piyoosh Madan Baldota - Director
The latest financial statements of Shetter (India) on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Shetter (India) is U51909KA1984PTC005982. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shetter (India) was incorporated on 28 March 1984, making it 42+ years old. It is registered with the Registrar of Companies, Bangalore.
Piyoosh Madan Baldota was appointed as Director on 31 Mar 2005. Madan Nathmal Baldota was appointed as Director on 28 Mar 1984.
Shetter (India) can be reached through the website happyvalleyindia.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Shetter (India) is at 52 40th Cross Rajkiran Appartments Jayanagar 8th Block, Bangalore, Karnataka, India – 560082.
Shetter (India) operates in the trading industry, in the specialty segment.
The compliance status of Shetter (India) is compliant as of 30 August 2026. The company is actively filing with the Registrar of Companies.