About Spi Technologies India Private Limited
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Spi Technologies India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Spi Global Content Mauritius Holding. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 02 June 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U93000MH2017PTC465108. Its GSTIN is 34AADCL3320N1ZL (Puducherry). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹170.35 Cr and a paid-up capital of ₹165.07 Cr. It was formerly known as Lambda Content India Private Limited. It is led by directors including Sandhya Rohit Malhotra and Dhaneesh Kumar Unneery.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Level 7 To 10 74 Techno Park, Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹1,120.72 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹157.28 Cr (net margin 14%) and EBITDA of ₹384.45 Cr (EBITDA margin 34.3%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 11% over five years.
The company has about 5,375 employees on its provident fund (EPFO) records.
The company is associated with 3 brands: SPi Technologies India, Scientific Publishing Services and Straive. Court records list 13 cases involving the company, including 5 filed by the company and 8 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spi-global.com.
- EmailLocked
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- Social Media
- Registered AddressLevel 7 To 10 74 Techno Park 74/Ll, C Cross Road MIDC Marol Lndustrial Area Andheri (East), Mumbai, Maharashtra, India – 400093
- IndustryInformation Technology, IT Consulting & Support Services
- 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 Spi Technologies India Private Limited
The main business activity of Spi Technologies India is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal | 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 Spi Technologies India Private Limited FY 2025 filings available
Spi Technologies India Private Limited reported revenue of ₹1,120.72 Cr (down 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Spi Technologies India Private Limited
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA fell 17% 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 Spi Technologies India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹384.45 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹157.28 Cr | •••• | •••• | •••• | •••• |
| 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 Spi Technologies India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 34.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 14% | •••• | •••• | •••• | •••• |
| 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 Spi Technologies India are in the company report.
Financial statements from FY 2018
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.
Peer Comparison of Spi Technologies India Private Limited
Spi Technologies India Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Diversified BPO). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ienergizer IT Services Private Limited | ₹1,267.54 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | New Delhi, Delhi, India |
| Unisys India Pvt Ltd | ₹1,230.13 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Sarjapur Road Bangalore East, Karnataka, India |
| Kronos Solutions India Private Limited | ₹1,201.03 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | New Delhi, Delhi, India |
| Swiss Re Global Business Solutions India Private Limited | ₹1,154.48 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Bangalore, Karnataka, India |
| Marsh Mclennan Global Services India Private Limited | ₹1,128.19 Cr (FY 2024) | •••• | •••• | 51.0% | •••• | Mumbai, Maharashtra, India |
| Spi Technologies India Private Limited this company | ₹1,120.72 Cr (FY 2024) | •••• | •••• | -8.0% | •••• | Mumbai, Maharashtra, India |
| Atlas Documentary Facilitators Company Private Limited | ₹1,088.41 Cr (FY 2016) | •••• | •••• | 16.0% | •••• | Mumbai, Maharashtra, India |
| Kellogg Brown & Root Engineering & Construction India Private Limited | ₹1,083.25 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Gurgaon, Haryana, India |
| Coinbase India Services Private Limited | ₹1,038.2 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | New Delhi, Delhi, India |
| Principal Global Services Private Limited | ₹996.03 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Pune, Maharashtra, India |
| Wood India Engineering & Projects Private Limited | ₹974.39 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Spi Technologies India by revenue in the Outsourcing industry (Diversified BPO), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors and KMP of Spi Technologies India Private Limited
Spi Technologies India Private Limited currently reports 5 directors and 1 key managerial person. 10 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kuppusamy Ezhil Arasan | Cfo | 09 Nov 2017 | 8 Years 11 Months | Current |
| Sandhya Rohit Malhotra | Director | 12 Dec 2017 | 8 Years 10 Months | Current |
| Dhaneesh Kumar Unneery | Director | 25 Mar 2019 | 7 Years 6 Months | Current |
| Kumar Subramaniam | Director | 27 Feb 2019 | 7 Years 7 Months | Current |
| Dayalu Subburayalu Also directs: Gramener Technology Solutions Private Limited | Director | 13 Feb 2024 | 2 Years 8 Months | Current |
| Rustam Patnaik | Director | 13 Feb 2018 | 8 Years 8 Months | Current |
Charges & Borrowings of Spi Technologies India Private Limited
Spi Technologies India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Spi Technologies India Private Limited
Spi Technologies India Private Limited has 13 court cases on record: 5 filed by Spi Technologies India, 8 filed against it. 5 cases are pending and 8 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 7 | 5 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Court case (TCA) | Filed against the company by Principal Commissioner of Income Tax 3 | Pending |
| Madras High Court | Interim or miscellaneous application | Filed by the company against Assistant Commissioner of Inocme | Pending |
| Madras High Court | Writ petition | Filed by the company against Assistant Commissioner of Inocme | Pending |
| Madras High Court | Court case (TCA) | Filed against the company by Commissioner of Income Tax | Pending |
| Madras High Court | Interim or miscellaneous application | Filed by the company against Assistant Commissioner of Inocme | Disposed |
Full case history
All 13 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Spi Technologies India Private Limited
Spi Technologies India Private Limited has 3 MSME Form 1 returns on record between 2019 and 2024, listing 70 overdue payments to 15 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 15)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 3 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Spi Technologies India Private Limited
Spi Technologies India operates multiple associated brands including SPi Technologies India, Scientific Publishing Services, and Straive. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Knowledge process outsourcing services are provided for multiple industries. | sps.co.in | |
| Provider of data-driven insights and AI solutions | straive.com | |
| Offers content extraction, analytics, and workflow platforms for various industries. | spitechindia.com |
Employees and EPFO Compliance at Spi Technologies India Private Limited
Employment history and EPFO contributions of people linked to Spi Technologies India.
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.
CIN History of Spi Technologies India Private Limited
Spi Technologies India has one previous CIN (Corporate Identification Number): U93000PY2017PTC008168. The current CIN is U93000MH2017PTC465108, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U93000MH2017PTC465108 | Current |
| U93000PY2017PTC008168 | Previous |
Recent Activity on Spi Technologies India Private Limited
Spi Technologies India Private Limited has 15 board changes on record since 2017: 6 appointments and 9 cessations. The latest: Dayalu Subburayalu ceased to be Additional Director on 04 Sep 2024.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Spi Technologies India 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.
Subsidiaries & Group Companies of Spi Technologies India 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 Spi Technologies India Private Limited
Spi Technologies India has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 34AADCL3320N1ZL | Puducherry | Active | 25 Jul 2017 |
| 33AADCL3320N1ZN | Tamil Nadu | Active | 15 Mar 2019 |
| 09AADCL3320N1ZE | Uttar Pradesh | Active | 29 Mar 2019 |
| 33AADCL3320N2ZM | Tamil Nadu | Active | 25 Apr 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 Spi Technologies India 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.
Related news about Spi Technologies India Private Limited
Frequently Asked Questions about Spi Technologies India Private Limited
Spi Technologies India is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 02 June 2017 (9+ years old) and is registered under CIN U93000MH2017PTC465108.
Spi Technologies India reported revenue of ₹1,120.72 Cr for FY 2024 (down 8% YoY).
Spi Technologies India has 6 current directors and KMP:
- Sandhya Rohit Malhotra - Director
- Dhaneesh Kumar Unneery - Director
- Kumar Subramaniam - Director
- Dayalu Subburayalu - Director
- Rustam Patnaik - Director
- Kuppusamy Ezhil Arasan - Cfo
Spi Technologies India reported a net profit of ₹157.28 Cr (net margin 14%) and EBITDA of ₹384.45 Cr (EBITDA margin 34.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Spi Technologies India is 10% over three years and 11% over five years. In the latest year (FY 2024) revenue fell 8%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Spi Technologies India is 34AADCL3320N1ZL, registered in Puducherry. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 33AADCL3320N1ZN (Tamil Nadu), 09AADCL3320N1ZE (Uttar Pradesh), 33AADCL3320N2ZM (Tamil Nadu).
The CIN (Corporate Identification Number) of Spi Technologies India is U93000MH2017PTC465108. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spi Technologies India has 13 court cases on record: 5 filed by the company and 8 filed against it. 5 are pending. Most are in the high courts.
Spi Technologies India was incorporated on 02 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Spi Technologies India by revenue are Ienergizer IT Services Private Limited, Unisys India Pvt Ltd, Kronos Solutions India Private Limited, Swiss Re Global Business Solutions India Private Limited, Marsh Mclennan Global Services India Private Limited and 5 more, all in the Outsourcing industry (Diversified BPO).
Dayalu Subburayalu ceased to be Additional Director on 04 Sep 2024. Dayalu Subburayalu was appointed as Director on 13 Feb 2024. Rustam Patnaik ceased to be Director on 28 Sep 2022. Spi Technologies India has 15 board changes on record in total.
Spi Technologies India has 3 MSME Form 1 returns on record between 2019 and 2024, listing 70 overdue payments to 15 micro and small suppliers. The latest return was filed on 26 Apr 2024.