About Spiceworks IT Solutions India Private Limited
Data last updated:
Spiceworks IT Solutions India Private Limited is a foreign private limited company based in Pune, Maharashtra, India, a subsidiary of Spiceworks, Inc.. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 31 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2019FTC241303. Its GSTIN is 36ABBCS5228B1ZO (Telangana).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Jeremy David Rossen and Gopalakrishna Pillai Padmakumar (Comp. Inc. Oi As Promoter).
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 Koregaon Park, Pune, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹39.16 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹4.22 Cr (net margin 10.8%) and EBITDA of ₹6.64 Cr (EBITDA margin 17%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years.
The company has about 129 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Spiceworks.
For more details, the company can be reached via its website spiceworks.com.
Company details
CIN history
Spiceworks IT Solutions India has one previous CIN (Corporate Identification Number): U72900TG2019FTC130208. The current CIN is U72900PN2019FTC241303, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900PN2019FTC241303 | Current |
| U72900TG2019FTC130208 | Previous |
Contact details
Spiceworks IT Solutions India Private Limited's registered office is in Pune, Maharashtra.
- Social Media
- Registered Address19th Floor Ap 81, Koregaon Park Annex, Pune, Maharashtra, India – 411036
- IndustryInformation Technology, Application Development & Software Solutions
- 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
Spiceworks IT Solutions India operates one associated brand: Spiceworks. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IT professional networking platform | spiceworks.com |
Business activity
The main business activity of Spiceworks IT Solutions India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Spiceworks IT Solutions India Private Limited, buy the company report.
Financials of Spiceworks IT Solutions India Private Limited
FY 2025 filings availableSpiceworks IT Solutions India Private Limited reported revenue of ₹39.16 Cr (down 5% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 5% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 32%. EBITDA fell 7% 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 |
|---|---|---|---|---|---|
| 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 | ₹6.64 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.22 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17% | ||||
| Net Profit Margin | 10.8% | ||||
| 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 Spiceworks IT Solutions India Private Limited, buy the company report.
Board of directors of Spiceworks IT Solutions India Private Limited
Spiceworks IT Solutions India has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jeremy David Rossen | Director | 21 Jan 2022 | 4 Years 9 Months | Current |
| Gopalakrishna Pillai Padmakumar Also directs: Santanderina India Private Limited, SCL Commercial India Private Limited, Greenwich Metals India Private Limited and 5 more | Comp. Inc. Oi As Promoter | 31 Jan 2019 | 7 Years 9 Months | Current |
| Nilay Pradipbhai Mehta | Director | 28 Jan 2021 | 5 Years 9 Months | Current |
Peer comparison
Spiceworks IT Solutions India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Staah Hotel Software Private Limited | ₹39.31 Cr (FY 2025) | 20.0% | Surat, Gujarat, India | |||
| Krythium Solutions Private Limited | ₹39.3 Cr (FY 2025) | 7.0% | Kochi, Kerala, India | |||
| Purvansh Holdings Private Limited | ₹39.24 Cr (FY 2024) | 24.0% | Hyderabad, Telangana, India | |||
| Engro Technologies Limited | ₹39.24 Cr (FY 2024) | 17.0% | Hyderabad, Telangana, India | |||
| App Innovation Technologies Private Limited | ₹39.24 Cr (FY 2025) | 56.0% | Coimbatore, Tamil Nadu, India | |||
| Spiceworks IT Solutions India Private Limitedthis company | ₹39.16 Cr (FY 2024) | ₹4.22 Cr | 10.8% | -5.0% | Pune, Maharashtra, India | |
| Results IT India Private Limited | ₹39.15 Cr (FY 2025) | 25.0% | Bangalore, Karnataka, India | |||
| Dssi Solutions (India) Private Limited | ₹39.13 Cr (FY 2025) | -10.0% | Chennai, Tamil Nadu, India | |||
| Nautilus Mobile App Private Limited | ₹39.11 Cr (FY 2025) | 11.0% | Pune, Maharashtra, India | |||
| Transak Labs Private Limited | ₹39.07 Cr (FY 2025) | 60.0% | Bengaluru, Karnataka, India | |||
| 159 Technology Solutions Private Limited | ₹39.04 Cr (FY 2025) | 7.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Spiceworks IT Solutions India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Spiceworks IT Solutions 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
Spiceworks IT Solutions India Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2021, listing 7 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Celebal Cloud Solutions LLP | |||
| Monamit Technology Solutions Private Limited |
To see the full MSME payment records of Spiceworks IT Solutions India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Spiceworks IT Solutions India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36ABBCS5228B1ZO | Telangana | Active | 18 Apr 2019 |
To see the full GST registrations and return filing status of Spiceworks IT Solutions India Private Limited, buy the company report.
Recent activity
Spiceworks IT Solutions India Private Limited has 9 board changes on record since 2019: 3 appointments and 6 cessations. The latest: Jeremy David Rossen ceased to be Additional Director on 29 Sep 2022.
News
Frequently asked questions
Spiceworks IT Solutions India is an active foreign private limited company based in Pune, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 31 January 2019 (7+ years old) and is registered under CIN U72900PN2019FTC241303.
Spiceworks IT Solutions India has 3 current directors:
- Jeremy David Rossen - Director
- Nilay Pradipbhai Mehta - Director
- Gopalakrishna Pillai Padmakumar - Comp. Inc. Oi As Promoter
The latest financial statements of Spiceworks IT Solutions India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Spiceworks IT Solutions India is 36ABBCS5228B1ZO, registered in Telangana.
The CIN (Corporate Identification Number) of Spiceworks IT Solutions India is U72900PN2019FTC241303. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spiceworks IT Solutions India was incorporated on 31 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Spiceworks IT Solutions India by revenue are Staah Hotel Software Private Limited, Krythium Solutions Private Limited, Purvansh Holdings Private Limited, Engro Technologies Limited, App Innovation Technologies Private Limited and 5 more, all in the same principal business activity (computer programming, consultancy and related activities).
Jeremy David Rossen ceased to be Additional Director on 29 Sep 2022. Jeremy David Rossen was appointed as Director on 21 Jan 2022. Nilay Pradipbhai Mehta ceased to be Additional Director on 30 Nov 2021. Spiceworks IT Solutions India has 9 board changes on record in total.
Spiceworks IT Solutions India has 2 MSME Form 1 returns on record for the period ending Sep 2021, listing 7 overdue payments to 2 micro and small suppliers. The latest return was filed on 02 Nov 2021.
Spiceworks IT Solutions India can be reached through the website spiceworks.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Spiceworks IT Solutions India is at 19th Floor Ap 81, Koregaon Park Annex, Pune, Maharashtra, India – 411036.
Spiceworks IT Solutions India operates in the information technology industry, in the application development and software solutions segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
