- Category
- Micro (2023-24)
- Udyam number
- UDYAM-TN-03-0079867

Spero Mobility and Energy Solutions Private Limited
About Spero Mobility and Energy Solutions Private Limited
Data last updated:
Spero Mobility and Energy Solutions Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 08 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U31904TZ2016PTC027873. Its GSTIN is 33AAXCS4335E1Z6 (Tamil Nadu).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Subrata Paul and Sivasubramaniam Umadevi Mothilal.
Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Old No 35 New No. 49 First Floor Sundaresa Layout Trichy Road, Coimbatore, Tamil Nadu, India – 641018.
As per the financials filed for FY 2020, the company reported a revenue of ₹93.03 Lakh, a growth of 17% compared to the previous year. For the same year it recorded a net loss of ₹8.59 Lakh (net margin -9.2%) and EBITDA of -₹7.02 Lakh (EBITDA margin -7.5%). Revenue has grown at a compounded annual rate (CAGR) of 312% over three years.
The company is associated with 1 brand: SPERO E-bike.
Spero Mobility and Energy Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-03-0079867). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Spero Mobility and Energy Solutions
Contact details
Spero Mobility and Energy Solutions Private Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOld No 35 New No. 49 First Floor Sundaresa Layout Trichy Road, Coimbatore, Tamil Nadu, India – 641018
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Spero Mobility and Energy Solutions 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
Brands
Spero Mobility and Energy Solutions operates one associated brand: SPERO E-bike. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electric bicycles are developed by SPERO E-bike in India. | speroelectric.in |
Business activity
The main business activity of Spero Mobility and Energy Solutions is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Spero Mobility and Energy Solutions Private Limited, buy the company report.
Financials of Spero Mobility and Energy Solutions Private Limited
FY 2020 filings availableSpero Mobility and Energy Solutions Private Limited reported revenue of ₹93.03 Lakh (up 17% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 312% over three years, including 17% growth in the latest year. EBITDA rose 71% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹93.03 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹7.02 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹8.59 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 | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -7.5% | |||
| Net Profit Margin | -9.2% | |||
| 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 Spero Mobility and Energy Solutions Private Limited, buy the company report.
Board of directors of Spero Mobility and Energy Solutions Private Limited
Spero Mobility and Energy Solutions has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subrata Paul | Director | 19 Dec 2016 | 9 Years 10 Months | Current |
| Sivasubramaniam Umadevi Mothilal Also directs: Enow New Energy LLP, Enow Global Private Limited | Director | 19 Dec 2016 | 9 Years 10 Months | Current |
| Shanmugasundaram Manikandan Also directs: Milltex Agro Private Limited, Milltex Eco-Fibres Private Limited, Milltex Engineers Private Limited and 1 more | Director | 08 Aug 2016 | 10 Years 2 Months | Current |
| Supriya Paul | Director | 08 Aug 2016 | 10 Years 2 Months | Current |
Auditor
Spero Mobility and Energy Solutions Private Limited is audited by M SURESH & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M SURESH & CO | FY 2020 | 015478S |
Shareholding
The shareholding of Spero Mobility and Energy Solutions Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Spero Mobility and Energy Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Spero Mobility and Energy Solutions 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
No delayed payments to MSME suppliers are on our record for Spero Mobility and Energy Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Spero Mobility and Energy Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAXCS4335E1Z6 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Spero Mobility and Energy Solutions Private Limited, buy the company report.
Recent activity
Spero Mobility and Energy Solutions Private Limited has 4 board changes on record since 2016: 4 appointments. The latest: Sivasubramaniam Umadevi Mothilal was appointed as Director on 19 Dec 2016.
Frequently asked questions
Spero Mobility and Energy Solutions is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 08 August 2016 (10+ years old) and is registered under CIN U31904TZ2016PTC027873.
Spero Mobility and Energy Solutions has 4 current directors:
- Subrata Paul - Director
- Sivasubramaniam Umadevi Mothilal - Director
- Shanmugasundaram Manikandan - Director
- Supriya Paul - Director
The latest financial statements of Spero Mobility and Energy Solutions on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 December 2020. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Spero Mobility and Energy Solutions is 33AAXCS4335E1Z6, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Spero Mobility and Energy Solutions is U31904TZ2016PTC027873. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spero Mobility and Energy Solutions was incorporated on 08 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Coimbatore.
Sivasubramaniam Umadevi Mothilal was appointed as Director on 19 Dec 2016. Subrata Paul was appointed as Director on 19 Dec 2016. Shanmugasundaram Manikandan was appointed as Director on 08 Aug 2016. Spero Mobility and Energy Solutions has 4 board changes on record in total.
Yes, Spero Mobility and Energy Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-03-0079867).
The registered office of Spero Mobility and Energy Solutions is at Old No 35 New No. 49 First Floor Sundaresa Layout Trichy Road, Coimbatore, Tamil Nadu, India – 641018.
Spero Mobility and Energy Solutions operates in the consumer electronics and durables industry, in the electronics manufacturing segment.

