Sp29 Outsourcing Private Limited
About Sp29 Outsourcing Private Limited
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Sp29 Outsourcing Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the accounting and financial analysis segment of the business process outsourcing sector. It was incorporated on 01 February 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74140GJ2012PTC068820. Its GSTIN is 24AAQCS9386J1ZG (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shrineel Hariprasad Patel and Zalak Shrineel Patel.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.05 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹20.32 Lakh (net margin 19.3%) and EBITDA of ₹33.87 Lakh (EBITDA margin 32.2%). Revenue has grown at a compounded annual rate (CAGR) of 50% over three years and 30% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address402 4th Floor Elanza Vertex, Nr. Zenobia Sindhu Bhavan Road Bodakdev, Ahmedabad, Gujarat, India – 380054
- IndustryBusiness Outsourcing, Accounting and Financial Analysis
- 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 Sp29 Outsourcing Private Limited
The main business activity of Sp29 Outsourcing is professional, scientific and technical. In detail, this covers accounting, book keeping and auditing activities, tax consultancy.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M2 | Accounting, book keeping and auditing activities, tax consultancy | 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 Sp29 Outsourcing Private Limited FY 2024 filings available
Sp29 Outsourcing Private Limited reported revenue of ₹1.05 Cr (down 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Sp29 Outsourcing Private Limited
Revenue fell 21% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 30%. EBITDA fell 18% 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 Sp29 Outsourcing 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 | ₹33.87 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹20.32 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 Sp29 Outsourcing Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 32.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 19.3% | •••• | •••• | •••• | •••• |
| 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 Sp29 Outsourcing 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.
Board of Directors of Sp29 Outsourcing Private Limited
Sp29 Outsourcing has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shrineel Hariprasad Patel | Director | 01 Feb 2012 | 14 Years 8 Months | Current |
| Zalak Shrineel Patel | Director | 01 Feb 2012 | 14 Years 8 Months | Current |
Peer Comparison of Sp29 Outsourcing Private Limited
Sp29 Outsourcing Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Accounting and Financial Analysis). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Maks Professionals Private Limited | ₹1.07 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Delhi, India |
| Santa Fe Associates India Private Limited | ₹1.07 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | New Delhi, Delhi, India |
| Bhavik Consulting Private Limited | ₹1.06 Cr (FY 2025) | •••• | •••• | 325.0% | •••• | Agra, Uttar Pradesh, India |
| Ace Brigade Data Management Solutions Private Limited | ₹1.06 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Karunagappally, Kerala, India |
| Aaksidhi Corpo Care Private Limited | ₹1.06 Cr (FY 2025) | •••• | •••• | 45.0% | •••• | Bhubaneswar, Odisha, India |
| Sp29 Outsourcing Private Limited this company | ₹1.05 Cr (FY 2025) | •••• | •••• | -21.0% | •••• | Ahmedabad, Gujarat, India |
| Westmark Business Services Private Limited | ₹1.05 Cr (FY 2024) | •••• | •••• | 59.0% | •••• | Bangalore, Karnataka, India |
| Orderificecom Books Private Limited | ₹1.04 Cr (FY 2025) | •••• | •••• | -34.0% | •••• | Jaipur, Rajasthan, India |
| Bookbitz Solutions Private Limited | ₹1.04 Cr (FY 2025) | •••• | •••• | 65.0% | •••• | Rajkot, Gujarat, India |
| Kruti Software Consultancy Private Limited | ₹1.04 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Mumbai, Maharashtra, India |
| Askmefinance Services Private Limited | ₹1.04 Cr (FY 2024) | •••• | •••• | 107.0% | •••• | Rajpura, Punjab, India |
Peers are the five companies nearest above and the five nearest below Sp29 Outsourcing by revenue in the Outsourcing industry (Accounting and Financial Analysis), 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 Sp29 Outsourcing Private Limited
Sp29 Outsourcing Private Limited is audited by ALPESH KOTHARI & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ALPESH KOTHARI & 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.
Ownership and Shareholding of Sp29 Outsourcing 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 Sp29 Outsourcing Private Limited
Sp29 Outsourcing Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Sp29 Outsourcing Private Limited
Employment history and EPFO contributions of people linked to Sp29 Outsourcing.
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 Sp29 Outsourcing Private Limited
Sp29 Outsourcing Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Shrineel Hariprasad Patel was appointed as Director on 01 Feb 2012.
Credit Ratings, Litigation & Regulatory Alerts for Sp29 Outsourcing 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 Sp29 Outsourcing 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 Sp29 Outsourcing 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 Sp29 Outsourcing Private Limited
Sp29 Outsourcing has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAQCS9386J1ZG | Gujarat | Active | 09 Mar 2019 |
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 Sp29 Outsourcing 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 Sp29 Outsourcing Private Limited
Sp29 Outsourcing is an active private limited company based in Ahmedabad, Gujarat, India. The company works in accounting and financial analysis, within the business outsourcing industry. It was incorporated on 01 February 2012 (14+ years old) and is registered under CIN U74140GJ2012PTC068820.
Sp29 Outsourcing reported revenue of ₹1.05 Cr for FY 2025 (down 21% YoY).
Sp29 Outsourcing has 2 current directors:
- Shrineel Hariprasad Patel - Director
- Zalak Shrineel Patel - Director
Sp29 Outsourcing reported a net profit of ₹20.32 Lakh (net margin 19.3%) and EBITDA of ₹33.87 Lakh (EBITDA margin 32.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sp29 Outsourcing is 50% over three years and 30% over five years. In the latest year (FY 2025) revenue fell 21%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sp29 Outsourcing is 24AAQCS9386J1ZG, registered in Gujarat.
The CIN (Corporate Identification Number) of Sp29 Outsourcing is U74140GJ2012PTC068820. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sp29 Outsourcing was incorporated on 01 February 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Sp29 Outsourcing by revenue are Maks Professionals Private Limited, Santa Fe Associates India Private Limited, Bhavik Consulting Private Limited, Ace Brigade Data Management Solutions Private Limited, Aaksidhi Corpo Care Private Limited and 5 more, all in the Outsourcing industry (Accounting and Financial Analysis).
Shrineel Hariprasad Patel was appointed as Director on 01 Feb 2012. Zalak Shrineel Patel was appointed as Director on 01 Feb 2012.
The registered office of Sp29 Outsourcing is at 402 4th Floor Elanza Vertex, Nr. Zenobia Sindhu Bhavan Road Bodakdev, Ahmedabad, Gujarat, India – 380054.