Shetty Synthetic Pvt Ltd
About Shetty Synthetic Pvt Ltd
Data last updated:
Shetty Synthetic Pvt Ltd is a private limited company based in Palghar, Maharashtra, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 07 June 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17110MH1985PTC036517. Its GSTIN is 27AAFCS3749E1Z9 (Maharashtra).
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹16 Lakh. It is led by directors Pravin Ramkrishna Shetty (Managing Director) and Prasad Ramkrishna Shetty.
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. 27 Survey No. 35 Village Aliyally Palghar Land Development Corporation, Maharashtra, India – 401404.
As per the financials filed for FY 2025, the company reported a revenue of ₹2 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹7.49 Lakh (net margin 3.7%) and EBITDA of ₹17.63 Lakh (EBITDA margin 8.8%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 5% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹20 Lakh and satisfied charges of ₹95 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shetty Synthetic Pvt Ltd's registered office is in Palghar, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 27 Survey No. 35 Village Aliyally Palghar Land Development Corporation, Maharashtra, India – 401404
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Shetty Synthetic Pvt Ltd, 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 Shetty Synthetic is manufacturing. In detail, this covers manufacture of textiles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 13 | Manufacture of textiles |
To see the full business activity and turnover split of Shetty Synthetic Pvt Ltd, buy the company report.
Financials of Shetty Synthetic Pvt Ltd
FY 2025 filings availableShetty Synthetic Pvt Ltd reported revenue of ₹2 Cr (down 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 56% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹17.63 Lakh | ||||
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| Net Profit (PAT) | ₹7.49 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 8.8% | ||||
| Net Profit Margin | 3.7% | ||||
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To see the full financial statements and ratios of Shetty Synthetic Pvt Ltd, buy the company report.
Board of directors of Shetty Synthetic Pvt Ltd
Shetty Synthetic has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prasad Ramkrishna Shetty | Director | 05 Nov 2011 | 14 Years 11 Months | Current |
| Pravin Ramkrishna Shetty | Managing Director | 17 Jun 1985 | 41 Years 4 Months | Current |
Auditor
Shetty Synthetic Pvt Ltd is audited by K M GARG & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K M GARG & CO | FY 2022 | 033940 |
Shareholding
The shareholding of Shetty Synthetic Pvt Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shetty Synthetic Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Feb 2026 | 101231167 | Others | ₹20 Lakh | Open | |
| 05 Jul 2003 | 90367401 | Bank of Maharashtra | ₹95 Lakh | Satisfied |
To see the full charge records of Shetty Synthetic Pvt Ltd, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Shetty Synthetic Pvt Ltd 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 Shetty Synthetic Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shetty Synthetic Pvt Ltd has a workforce of 3 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
GST
Shetty Synthetic has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCS3749E1Z9 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shetty Synthetic Pvt Ltd, buy the company report.
Recent activity
Shetty Synthetic Pvt Ltd has 8 board changes on record since 1985: 2 appointments and 6 cessations. The latest: Rama Ramkrishna Shetty ceased to be Director on 30 Aug 2019.
2 earlier events are in the company report.
Frequently asked questions
Shetty Synthetic is an active private limited company based in Palghar, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 07 June 1985 (41+ years old) and is registered under CIN U17110MH1985PTC036517.
Shetty Synthetic has 2 current directors:
- Pravin Ramkrishna Shetty - Managing Director
- Prasad Ramkrishna Shetty - Director
The latest financial statements of Shetty Synthetic on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Shetty Synthetic is 27AAFCS3749E1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of Shetty Synthetic is U17110MH1985PTC036517. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shetty Synthetic was incorporated on 07 June 1985, making it 41+ years old. It is registered with the Registrar of Companies, Mumbai.
Rama Ramkrishna Shetty ceased to be Director on 30 Aug 2019. Shrutisheel Jhanwar ceased to be Director on 18 Jan 2015. Prasad Ramkrishna Shetty was appointed as Director on 05 Nov 2011. Shetty Synthetic has 8 board changes on record in total.
The registered office of Shetty Synthetic is at Plot No. 27 Survey No. 35 Village Aliyally Palghar Land Development Corporation, Maharashtra, India – 401404.
Shetty Synthetic operates in the home and lifestyle industry, in the textile retail and distribution segment.
Shetty Synthetic has open charges of ₹20 Lakh and satisfied charges of ₹95 Lakh as per latest MCA filings.