- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0126763

Spaarsh Wallpapers (India) Private Limited
About Spaarsh Wallpapers (India) Private Limited
Data last updated:
Spaarsh Wallpapers (India) Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the accessories retail and distribution segment of the consumer goods sector. It was incorporated on 20 February 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2006PTC159861. Its GSTIN is 27AAECM6243L1Z6 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.9 Lakh. It was formerly known as Minakshi Wheels Private Limited. It is led by directors including Priya Kishan Singhvi and Manish Devilal Singhvi.
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 Thane, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.25 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹19.41 Lakh (net margin 1.9%) and EBITDA of ₹53.97 Lakh (EBITDA margin 5.3%). Revenue has grown at a compounded annual rate (CAGR) of 44% over three years and 18% over five years.
Spaarsh Wallpapers (India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0126763). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Spaarsh Wallpapers (India) has one previous CIN (Corporate Identification Number): U11102MH2006PTC159861. The current CIN is U74999MH2006PTC159861, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999MH2006PTC159861 | Current |
| U11102MH2006PTC159861 | Previous |
Recognitions & Rankings of Spaarsh Wallpapers (India)
Contact details
Spaarsh Wallpapers (India) Private Limited's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressGala No. 8 – 10 175 Bldg: J – 4 Shree Arihant Compound Koper Road Bhiw, Andi, Thane, Maharashtra, India – 421302
- IndustryConsumer Goods, Accessories Retail & Distribution
To see the full contact details of Spaarsh Wallpapers (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 Spaarsh Wallpapers (India) is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Spaarsh Wallpapers (India) Private Limited, buy the company report.
Financials of Spaarsh Wallpapers (India) Private Limited
FY 2024 filings availableSpaarsh Wallpapers (India) Private Limited reported revenue of ₹10.25 Cr (up 5% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 5% growth in the latest year. EBITDA fell 4% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹53.97 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹19.41 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.3% | ||||
| Net Profit Margin | 1.9% | ||||
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To see the full financial statements and ratios of Spaarsh Wallpapers (India) Private Limited, buy the company report.
Board of directors of Spaarsh Wallpapers (India) Private Limited
Spaarsh Wallpapers (India) has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Priya Kishan Singhvi | Director | 10 Jul 2017 | 9 Years 3 Months | Current |
| Manish Devilal Singhvi | Director | 01 Oct 2013 | 13 Years 0 Months | Current |
| Pooja Manish Singhvi | Director | 10 Jul 2017 | 9 Years 3 Months | Current |
Peer comparison
Spaarsh Wallpapers (India) Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Accessories Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Blutree Solutions Private Limited | ₹10.42 Cr (FY 2024) | 2.0% | Mumbai, Maharashtra, India | |||
| Charming Trim India Private Limited | ₹10.42 Cr (FY 2024) | 57.0% | New Delhi, Delhi, India | |||
| Rajat World Trade Private Limited | ₹10.36 Cr (FY 2025) | -34.0% | Mumbai, Maharashtra, India | |||
| Spaarsh Wallpapers (India) Private Limitedthis company | ₹10.25 Cr (FY 2024) | ₹19.41 Lakh | 1.9% | 5.0% | Thane, Maharashtra, India |
To see the full peer comparison of Spaarsh Wallpapers (India) Private Limited, buy the company report.
Auditor
Spaarsh Wallpapers (India) Private Limited is audited by Kachhara & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kachhara & Associates | FY 2023 | 104514W |
Shareholding
The shareholding of Spaarsh Wallpapers (India) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Spaarsh Wallpapers (India) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Spaarsh Wallpapers (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
Spaarsh Wallpapers (India) Private Limited has 4 MSME Form 1 returns on record between 2019 and 2020, listing 48 overdue payments to 9 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Shree Arihant Maintenance | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Spaarsh Wallpapers (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Spaarsh Wallpapers (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECM6243L1Z6 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Spaarsh Wallpapers (India) Private Limited, buy the company report.
Recent activity
Spaarsh Wallpapers (India) Private Limited has 6 board changes on record since 2013: 3 appointments and 3 cessations. The latest: Nitin Prakash Jain ceased to be Director on 24 Dec 2019.
Frequently asked questions
Spaarsh Wallpapers (India) is an active private limited company based in Thane, Maharashtra, India. The company works in accessories retail and distribution, within the consumer goods industry. It was incorporated on 20 February 2006 (20+ years old) and is registered under CIN U74999MH2006PTC159861.
Spaarsh Wallpapers (India) has 3 current directors:
- Priya Kishan Singhvi - Director
- Manish Devilal Singhvi - Director
- Pooja Manish Singhvi - Director
The latest financial statements of Spaarsh Wallpapers (India) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Spaarsh Wallpapers (India) is 27AAECM6243L1Z6, registered in Maharashtra.
The CIN (Corporate Identification Number) of Spaarsh Wallpapers (India) is U74999MH2006PTC159861. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spaarsh Wallpapers (India) was incorporated on 20 February 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Spaarsh Wallpapers (India) by revenue are Blutree Solutions Private Limited, Charming Trim India Private Limited, Rajat World Trade Private Limited, all in the Consumer Products industry (Accessories Retail and Distribution), with the same principal business activity (wholesale trading).
Nitin Prakash Jain ceased to be Director on 24 Dec 2019. Fatehlal Inder Jain ceased to be Director on 03 Aug 2017. Rekha Fatehlal Jain ceased to be Director on 03 Aug 2017. Spaarsh Wallpapers (India) has 6 board changes on record in total.
Yes, Spaarsh Wallpapers (India) is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0126763).
Spaarsh Wallpapers (India) has 4 MSME Form 1 returns on record between 2019 and 2020, listing 48 overdue payments to 9 micro and small suppliers. The latest return was filed on 29 Dec 2020.
The registered office of Spaarsh Wallpapers (India) is at Gala No. 8 – 10 175 Bldg: J – 4 Shree Arihant Compound Koper Road Bhiw, Andi, Thane, Maharashtra, India – 421302.
Spaarsh Wallpapers (India) operates in the consumer goods industry, in the accessories retail and distribution segment.

