Spanidea Systems Private Limited

Spanidea Systems Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72900KA2011PTC057708 Incorporated 18 March 2011 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹83.53 Cr
▲ 25% YoY
Net profit · FY 2025
₹85.6 Lakh
Net margin 1%
EBITDA · FY 2025
₹1.69 Cr
EBITDA margin 2%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹18.82 Lakh
Issued & subscribed
Company age
15 yrs
Est. 2011
Employees · EPFO
564
Provident fund records
Directors on board
4
As per MCA filings

About Spanidea Systems Private Limited

Data last updated:

Spanidea Systems Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 18 March 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2011PTC057708. Its GSTIN is 29AAPCS5825D1Z0 (Karnataka). The company holds 4 GST registrations, all of them active.

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹18.82 Lakh. It is led by directors including Rabbanahally Kempanna Anantha Gowda and Kalla Ram Choudhary.

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 No. 37/34/1 Proworks Statesman Green Glen Layout Iblur Village Outer Ring Road, Bangalore, Karnataka, India – 560103.

As per the financials filed for FY 2025, the company reported a revenue of ₹83.53 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹85.6 Lakh (net margin 1%) and EBITDA of ₹1.69 Cr (EBITDA margin 2%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 24% over five years.

The company has about 564 employees on its provident fund (EPFO) records.

The company is associated with 2 brands: SpanIdea and Spanedea. Court records list 1 case involving the company, including 1 filed against it. The company has 4 deals on record (4 funding rounds), with disclosed funding of ₹1.1 Cr; the latest was in August 2014. Its 10 peer companies in the same principal business activity (Computer programming, consultancy and related activities) are compared by revenue, 5 larger and 5 smaller; the largest is Raksha Technologies Private Limited with revenue of ₹84.11 Cr.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spanidea.com.

Company Details of Spanidea Systems Private Limited
CIN U72900KA2011PTC057708
Registration Number 057708
Incorporation Date 18 March 2011
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    No. 37/34/1 Proworks Statesman Green Glen Layout Iblur Village Outer Ring Road, Bangalore, Karnataka, India – 560103
  • Industry
    Information Technology, IT Consulting & Support Services
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Financials, compliance, directors, charges, ownership and filings for Spanidea Systems Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Spanidea Systems Private Limited

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

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ6Computer programming, consultancy and related activitiesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Spanidea Systems Private Limited FY 2025 filings available

Spanidea Systems Private Limited reported revenue of ₹83.53 Cr (up 25% YoY) for FY 2025.

Revenue · FY 2025
₹83.53 Cr ▲ 25%
Net profit · FY 2025
₹85.6 Lakh margin 1%
EBITDA · FY 2025
₹1.69 Cr margin 2%

Compounded Annual Growth Rate (CAGR) of Spanidea Systems Private Limited

Revenue CAGR growth
1 year
▲ 25%
3 years · compounded
▲ 13%
5 years · compounded
▲ 24%
EBITDA CAGR growth
1 year
▲ 23%
3 years · compounded
▲ 4%
5 years · compounded
▼ 8%

Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 25% growth in the latest year. EBITDA rose 23% 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 Spanidea Systems Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹1.69 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹85.6 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 Spanidea Systems Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin2%••••••••••••••••
Net Profit Margin1%••••••••••••••••
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 Spanidea Systems are in the company report.

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Financial statements from 2015

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Peer Comparison of Spanidea Systems Private Limited

Spanidea Systems Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Raksha Technologies Private Limited₹84.11 Cr (FY 2025)••••••••-13.0%••••Chennai, Tamil Nadu, India
Accops Systems Private Limited₹84.03 Cr (FY 2025)••••••••6.0%••••Ahmedabad, Gujarat, India
Cloudmoyo India Private Limited₹83.94 Cr (FY 2024)••••••••-17.0%••••Pune, Maharashtra, India
Black Duck Software India Private Limited₹83.91 Cr (FY 2024)••••••••-4.0%••••Bangalore, Karnataka, India
Dataevolve Solutions Private Limited₹83.74 Cr (FY 2025)••••••••12.0%••••Hyderabad, Telangana, India
Spanidea Systems Private Limited this company₹83.53 Cr (FY 2025)••••••••25.0%••••Bangalore, Karnataka, India
Marketgate Dimensions Research India Private Limited₹83.21 Cr (FY 2025)••••••••28.0%••••Mumbai, Maharashtra, India
Caliber Technologies Private Limited₹83.13 Cr (FY 2025)••••••••29.0%••••Hyderabad, Telangana, India
Ubona Technologies Private Limited₹83.05 Cr (FY 2025)••••••••31.0%••••Bangalore, Karnataka, India
Infovity India Private Limited₹82.66 Cr (FY 2025)••••••••10.0%••••Hyderabad, Telangana, India
Ceipal Software Private Limited₹82.65 Cr (FY 2024)••••••••30.0%••••Hyderabad, Telangana, India

Peers are the five companies nearest above and the five nearest below Spanidea Systems by revenue in the same principal business activity (Computer programming, consultancy and related activities), 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 Spanidea Systems Private Limited

Spanidea Systems Private Limited is audited by Umesh Hegde for the financial year 2024.

NameStatusAppointment DateCessation Date
Umesh HegdeLockedLockedLocked
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Board of Directors of Spanidea Systems Private Limited

Spanidea Systems has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rabbanahally Kempanna Anantha GowdaDirector29 Oct 20214 Years 11 MonthsCurrent
Kalla Ram ChoudharyDirector02 May 20233 Years 5 MonthsCurrent
Geeta ChoudharyDirector18 Mar 201115 Years 6 MonthsCurrent
Bhagirath ChoudharyDirector18 Mar 201115 Years 6 MonthsCurrent

Ownership and Shareholding of Spanidea Systems Private Limited

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Charges & Borrowings of Spanidea Systems Private Limited

Spanidea Systems Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Deals & Funding of Spanidea Systems Private Limited

Spanidea Systems Private Limited has 4 deals on record (4 funding rounds), with disclosed funding of ₹1.1 Cr; the latest was in August 2014.

Total deals
4
Funding rounds
4
Disclosed funding
₹1.1 Cr

Deals on record (4 of 4)

WhenDealAmountParties
Aug 2014Funding round₹25 LakhInvestors: an individual
Dec 2013Funding round₹46 LakhInvestors: an individual
Apr 2013Funding round₹20 LakhInvestors: an individual
Apr 2013Funding round₹18.9 LakhInvestors: 2 individuals
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Associated Brands with Spanidea Systems Private Limited

Spanidea Systems operates two associated brands: SpanIdea and Spanedea. Each brand links to its own profile.

BrandDescriptionWebsite
Spanidea Systems provides product engineering and software development solutions for clients.spanidea.com
Offers a platform for home tutoring delivered via broadband.spanedea.com

Employees and EPFO Compliance at Spanidea Systems Private Limited

Spanidea Systems Private Limited has a workforce of 564 employees as of Apr 09, 2024.

Employee count
564
Active EPFO establishments
1
Employee growth
-8.59%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Spanidea Systems Private Limited

Spanidea Systems Private Limited has 7 board changes on record since 2011: 4 appointments and 3 cessations. The latest: Kalla Ram Choudhary ceased to be Additional Director on 29 Sep 2023.

AGM
Spanidea Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Spanidea Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Kalla Ram Choudhary ceased to be Additional Director.
Appointed
Kalla Ram Choudhary was appointed as Director.
Ceased
Rabbanahally Kempanna Anantha Gowda ceased to be Additional Director.
Appointed
Rabbanahally Kempanna Anantha Gowda was appointed as Director.
Ceased
Harisankar Chilamban Mallath ceased to be Director.
Appointed
Bhagirath Choudhary was appointed as Director.
Appointed
Geeta Choudhary was appointed as Director.
Incorporation
18 Mar 2011
Spanidea Systems Private Limited was registered on 18 Mar 2011 with Roc Bangalore & aged 15 years 6 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Spanidea Systems Private Limited

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MSME Payment Delays by Spanidea Systems Private Limited

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Subsidiaries & Group Companies of Spanidea Systems Private Limited

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GST Compliance of Spanidea Systems Private Limited

Spanidea Systems has 4 GST registrations: 4 active.

Total GSTINs
4
Active
4
GSTINStateStatusRegistered on
29AAPCS5825D1Z0KarnatakaActive01 Jul 2017
27AAPCS5825D1Z4MaharashtraActive19 Sep 2019
08AAPCS5825D1Z4RajasthanActive04 May 2022
33AAPCS5825D1ZBTamil NaduActive25 Mar 2023
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GST registrations and filing compliance

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MCA Filings & Documents of Spanidea Systems Private Limited

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Frequently Asked Questions about Spanidea Systems Private Limited

Spanidea Systems is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 18 March 2011 (15+ years old) and is registered under CIN U72900KA2011PTC057708.

Spanidea Systems reported revenue of ₹83.53 Cr for FY 2025 (up 25% YoY).

Spanidea Systems has 4 current directors:

Spanidea Systems reported a net profit of ₹85.6 Lakh (net margin 1%) and EBITDA of ₹1.69 Cr (EBITDA margin 2%) for FY 2025, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Spanidea Systems is 13% over three years and 24% over five years. In the latest year (FY 2025) revenue rose 25%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Spanidea Systems is 29AAPCS5825D1Z0, registered in Karnataka. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 27AAPCS5825D1Z4 (Maharashtra), 08AAPCS5825D1Z4 (Rajasthan), 33AAPCS5825D1ZB (Tamil Nadu).

The CIN (Corporate Identification Number) of Spanidea Systems is U72900KA2011PTC057708. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Spanidea Systems has 1 court case on record: 1 filed against it.

Spanidea Systems was incorporated on 18 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.

Spanidea Systems has 4 deals on record (4 funding rounds), with disclosed funding of ₹1.1 Cr; the latest was in August 2014.

The peers of Spanidea Systems by revenue are Raksha Technologies Private Limited, Accops Systems Private Limited, Cloudmoyo India Private Limited, Black Duck Software India Private Limited, Dataevolve Solutions Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).

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