Spangle Technologies Private Limited

Spangle Technologies Private Limited - information technology in Delhi, India. Directors, charges & compliance details.
CIN U72900DL2017PTC316038 Incorporated 12 April 2017 ROC Delhi HQ Delhi, India
Struck Off Private Limited Company information technology DPIIT Startup
Data last updated
Revenue · FY 2023
₹11.48 Lakh
▼ 72% YoY
Net loss · FY 2023
₹19.61 Lakh
Net margin -170.9%
EBITDA · FY 2023
-₹19.56 Lakh
EBITDA margin -170.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Spangle Technologies Private Limited

Data last updated:

Spangle Technologies Private Limited was a private limited company based in Delhi, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the IT infrastructure management and services segment of the technology and IT services sector. It was incorporated on 12 April 2017.

The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2017PTC316038. Its GSTIN is 07AAYCS5007J1ZU (Delhi).

The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Bikendra Kumar and Niru Singh Kumari.

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 was at H.No: A – 25/A Street No:4A Near Hanuman Mandir West Karawal Nagar, Delhi, India – 110094.

As per the financials filed for FY 2023, the company reported a revenue of ₹11.48 Lakh, a decline of 72% compared to the previous year. For the same year it recorded a net loss of ₹19.61 Lakh (net margin -170.9%) and EBITDA of -₹19.56 Lakh (EBITDA margin -170.4%). Revenue has declined at a compounded annual rate (CAGR) of 51% over three years and 2% over five years.

The last known website on record is spangle.co.in.

Company details

CIN U72900DL2017PTC316038
Registration Number 316038
Incorporation Date 12 April 2017
ROC Delhi
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Non-Compliant
DPIIT Recognition Recognised Startup

Recognitions & Rankings of Spangle Technologies

DPIIT recognised startup Government of India
Startup India

Contact details

Spangle Technologies Private Limited's registered office is in Delhi, Delhi. Its website is spangle.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    H.No: A – 25/A Street No:4A Near Hanuman Mandir West Karawal Nagar, Delhi, India – 110094
  • Industry
    Information Technology, IT Infrastructure Management & Services

To see the full contact details of Spangle Technologies Private Limited, buy the company report.

Comprehensive company report
Spangle Technologies Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Spangle Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Spangle Technologies Private Limited, buy the company report.

Financials of Spangle Technologies Private Limited

FY 2023 filings available

Spangle Technologies Private Limited reported revenue of ₹11.48 Lakh (down 72% YoY) for FY 2023.

Revenue · FY 2023
₹11.48 Lakh ▼ 72%
Net loss · FY 2023
₹19.61 Lakh margin -170.9%
EBITDA · FY 2023
-₹19.56 Lakh margin -170.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 72%
3 years · compounded
▼ 51%
5 years · compounded
▼ 2%
EBITDA CAGR growth
1 year
▼ 542%
3 years · compounded
▼ 54%
5 years · compounded
▼ 66%

Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 72% fall in the latest year. EBITDA fell 542% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
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-₹19.56 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹19.61 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin-170.4%
Net Profit Margin-170.9%
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

To see the full financial statements and ratios of Spangle Technologies Private Limited, buy the company report.

Board of directors of Spangle Technologies Private Limited

Spangle Technologies has 2 directors on record. No former directors are listed.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Bikendra KumarDirector12 Apr 20179 Years 6 MonthsAs last reported
Niru Singh KumariDirector12 Apr 20179 Years 6 MonthsAs last reported

Auditor

Spangle Technologies Private Limited is audited by SANKAR & RAJA for the financial year 2019.

Auditor firmFinancial yearFirm registration number
SANKAR & RAJAFY 2019006601S

Shareholding

The shareholding of Spangle Technologies Private Limited is on record for FY 2018, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2018
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Spangle Technologies Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Spangle Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Spangle Technologies has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
07AAYCS5007J1ZUDelhiActive03 Aug 2017

To see the full GST registrations and return filing status of Spangle Technologies Private Limited, buy the company report.

Recent activity

Spangle Technologies Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Bikendra Kumar was appointed as Director on 12 Apr 2017.

AGM
Spangle Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Spangle Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.
Appointed
Bikendra Kumar was appointed as Director.
Appointed
Niru Singh Kumari was appointed as Director.
Incorporation
12 Apr 2017
Spangle Technologies Private Limited was registered on 12 Apr 2017 with Roc Delhi & aged 9 years 7 months as per MCA records.

Frequently asked questions

Spangle Technologies has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Spangle Technologies was a private limited company based in Delhi, India. The company worked in IT infrastructure management and services, within the information technology industry. It was incorporated on 12 April 2017 and is registered under CIN U72900DL2017PTC316038. The company has been struck off by the Registrar of Companies and is no longer operational.

Spangle Technologies had 2 directors:

The CIN (Corporate Identification Number) of Spangle Technologies is U72900DL2017PTC316038. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Spangle Technologies is at H.No: A – 25A Street No:4A Near Hanuman Mandir West Karawal Nagar, Delhi, India – 110094.

Spangle Technologies was incorporated on 12 April 2017. It is registered with the Registrar of Companies, Delhi.

Yes, Spangle Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Spangle Technologies can be reached through the website spangle.co.in. Its registered office is in Delhi, India.

The latest financial statements of Spangle Technologies 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 FY 2018 are in the company report.

The GSTIN of Spangle Technologies is 07AAYCS5007J1ZU, registered in Delhi.