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Spinnsol Private Limited - information technology in Kanayannur, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹30.8 Lakh
▲ 137% YoY
Net profit · FY 2024
₹7.76 Lakh
Net margin 25.2%
EBITDA · FY 2024
₹7.91 Lakh
EBITDA margin 25.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
4
As per MCA filings
Active GSTINs
1
GST registered
About Spinnsol Private Limited
Data last updated:
Spinnsol Private Limited is a private limited company based in Kanayannur, Kerala, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 27 September 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72900KL2017PTC050540. Its GSTIN is 32AAZCS2803D1ZF (Kerala).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Nazeem Nalakath Jamaludheen (Managing Director) and Jamaludheen Moideen.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Kerala Technology Innovation Zone Kinfra Hi – Tech Park Main Rd Hmt Colony P.O Kalamassery Kochi Kerala 683503, Kanayannur, Kerala, India – 683503.
As per the financials filed for FY 2024, the company reported a revenue of ₹30.8 Lakh, a growth of 137% compared to the previous year. For the same year it recorded a net profit of ₹7.76 Lakh (net margin 25.2%) and EBITDA of ₹7.91 Lakh (EBITDA margin 25.7%). Revenue has grown at a compounded annual rate (CAGR) of 200% over three years and 3% over five years.
The company is associated with 1 brand: Spinnsol.
Spinnsol Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-13-0015650). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spinnsol.com.
Company details
CIN U72900KL2017PTC050540
Registration Number 050540
Incorporation Date 27 September 2017
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KL-13-0015650
Key People
Nazeem Nalakath Jamaludheen Managing Director Jamaludheen Moideen Director Shiron Karippara Bhuvanadas Director Recognitions & Rankings of Spinnsol
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-KL-13-0015650
Contact details
Spinnsol Private Limited's registered office is in Kanayannur, Kerala. Its website is spinnsol.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressKerala Technology Innovation Zone Kinfra Hi – Tech Park Main Rd Hmt Colony P.O Kalamassery Kochi Kerala 683503, Kanayannur, Kerala, India – 683503
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Spinnsol Private Limited, buy the company report.
Comprehensive company report
Spinnsol 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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Brands
Spinnsol operates one associated brand: Spinnsol. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops cloud software for TIC sector's digital transformation and asset management. | spinnsol.com |
Business activity
The main business activity of Spinnsol 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 Spinnsol Private Limited, buy the company report.
Financials of Spinnsol Private Limited
FY 2024 filings availableSpinnsol Private Limited reported revenue of ₹30.8 Lakh (up 137% YoY) for FY 2024.
Revenue · FY 2024
₹30.8 Lakh ▲ 137%
Net profit · FY 2024
₹7.76 Lakh margin 25.2%
EBITDA · FY 2024
₹7.91 Lakh margin 25.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 137%
3 years · compounded
▲ 200%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▲ 855%
3 years · compounded
▲ 60%
5 years · compounded
▲ 42%
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 137% growth in the latest year. EBITDA rose 855% 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 | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹7.91 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.76 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 25.7% | ||||
| Net Profit Margin | 25.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Spinnsol Private Limited, buy the company report.
Board of directors of Spinnsol Private Limited
Spinnsol has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nazeem Nalakath Jamaludheen Also directs: Quesmart Technologies Private Limited | Managing Director | 27 Sep 2017 | 9 Years 1 Months | Current |
| Jamaludheen Moideen Also directs: Tectum Builders Private Limited | Director | 27 Sep 2017 | 9 Years 1 Months | Current |
| Shiron Karippara Bhuvanadas | Director | 27 Sep 2017 | 9 Years 1 Months | Current |
| Bhuvanadas | Director | 27 Sep 2017 | 9 Years 1 Months | Current |
Peer comparison
Spinnsol Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Azureink Private Limited | ₹30.83 Lakh (FY 2020) | -73.0% | Gurgaon, Haryana, India | |||
| Tera Connects Healthcare Private Limited | ₹30.83 Lakh (FY 2024) | Hyderabad, Telangana, India | ||||
| Mlette Technologies and Services Private Limited | ₹30.83 Lakh (FY 2024) | -43.0% | Hyderabad, Telangana, India | |||
| Ispiraree (OPC) Private Limited | ₹30.8 Lakh (FY 2025) | 523.0% | Palani, Tamil Nadu, India | |||
| Spinnsol Private Limitedthis company | ₹30.8 Lakh (FY 2024) | ₹7.76 Lakh | 25.2% | 137.0% | Kanayannur, Kerala, India | |
| Qutrix Solution Private Limited | ₹30.79 Lakh (FY 2025) | -53.0% | Bangalore, Karnataka, India | |||
| Softclinch Consulting Services Private Limited | ₹30.78 Lakh (FY 2025) | 18.0% | Chennai, Tamil Nadu, India | |||
| Standard Tax Filing STF Private Limited | ₹30.77 Lakh (FY 2025) | 10.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Spinnsol Private Limited, buy the company report.
Auditor
Spinnsol Private Limited is audited by SHANAVAS BAVA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHANAVAS BAVA & CO | FY 2023 | 016875S |
Shareholding
The shareholding of Spinnsol Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Spinnsol Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Spinnsol 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 Spinnsol Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Spinnsol has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAZCS2803D1ZF | Kerala | Active | 02 Nov 2018 |
To see the full GST registrations and return filing status of Spinnsol Private Limited, buy the company report.
Recent activity
Spinnsol Private Limited has 4 board changes on record since 2017: 4 appointments. The latest: Bhuvanadas was appointed as Director on 27 Sep 2017.
AGM
Spinnsol Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Spinnsol Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.
Appointed
Bhuvanadas was appointed as Director.
Appointed
Jamaludheen Moideen was appointed as Director.
Appointed
Nazeem Nalakath Jamaludheen was appointed as Managing Director.
Appointed
Shiron Karippara Bhuvanadas was appointed as Director.
Incorporation
27 Sep 2017
Spinnsol Private Limited was registered on 27 Sep 2017 with Roc Ernakulam & aged 9 years 1 month as per MCA records.
Frequently asked questions
Spinnsol is an active private limited company based in Kanayannur, Kerala, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 27 September 2017 (9+ years old) and is registered under CIN U72900KL2017PTC050540.
Spinnsol has 4 current directors:
- Nazeem Nalakath Jamaludheen - Managing Director
- Jamaludheen Moideen - Director
- Shiron Karippara Bhuvanadas - Director
- Bhuvanadas - Director
The latest financial statements of Spinnsol on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Spinnsol is 32AAZCS2803D1ZF, registered in Kerala.
The CIN (Corporate Identification Number) of Spinnsol is U72900KL2017PTC050540. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spinnsol was incorporated on 27 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Spinnsol by revenue are Azureink Private Limited, Tera Connects Healthcare Private Limited, Mlette Technologies and Services Private Limited, Ispiraree (OPC) Private Limited, Qutrix Solution Private Limited and 2 more, all in the same principal business activity (computer programming, consultancy and related activities).
Bhuvanadas was appointed as Director on 27 Sep 2017. Jamaludheen Moideen was appointed as Director on 27 Sep 2017. Nazeem Nalakath Jamaludheen was appointed as Managing Director on 27 Sep 2017. Spinnsol has 4 board changes on record in total.
Yes, Spinnsol is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Spinnsol is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-13-0015650).
Spinnsol can be reached through the website spinnsol.com. Its registered office is in Kanayannur, Kerala, India.
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