- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0061836

About Spire Technologies and Solutions Private Limited
Data last updated:
Spire Technologies and Solutions Private Limited is a private limited company based in Delhi, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 19 October 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72300DL2007PTC169659. Its GSTIN is 29AALCS4837K1ZN (Karnataka).
The company has an authorised share capital of ₹62.5 Lakh and a paid-up capital of ₹52.46 Lakh. It is led by directors including Saurabh Jain (Managing Director) and Viraj Tyagi.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 61 – D Pocket – IV Mayur Vihar Phase – I, Delhi, India – 110091.
As per the financials filed for FY 2025, the company reported a revenue of ₹29.19 Cr, a decline of 29% compared to the previous year. For the same year it recorded a net loss of ₹44.9 Lakh (net margin -1.5%) and EBITDA of ₹5.1 Cr (EBITDA margin 17.5%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 20% over five years.
The company has about 58 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Spire. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending. The company has 16 deals on record (8 secondary share transfers, 4 funding rounds, 3 rights issues), with disclosed funding of ₹66.78 Cr; the latest was in March 2022. Its 10 peer companies in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.) are compared by revenue, 5 larger and 5 smaller; the largest is Soft Suave Technologies Private Limited with revenue of ₹29.27 Cr.
Spire Technologies and Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0061836). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spire.ai.
Recognitions & Rankings of Spire Technologies and Solutions
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address61 – D Pocket – IV Mayur Vihar Phase – I, Delhi, India – 110091
- IndustryInformation Technology, Software Development & 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 Spire Technologies and Solutions Private Limited
The main business activity of Spire Technologies and Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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 Spire Technologies and Solutions Private Limited FY 2025 filings available
Spire Technologies and Solutions Private Limited reported revenue of ₹29.19 Cr (down 29% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Spire Technologies and Solutions Private Limited
Revenue fell 29% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 20%. EBITDA fell 76% 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 Spire Technologies and Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹5.1 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹44.9 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 Spire Technologies and Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -1.5% | •••• | •••• | •••• | •••• |
| 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 Spire Technologies and Solutions are in the company report.
Financial statements from 2015
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.
Board of Directors of Spire Technologies and Solutions Private Limited
Spire Technologies and Solutions has 6 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Viraj Tyagi Also directs: Finnable Credit Private Limited, Airawat Research Foundation, SV Edusports Private Limited and 1 more | Director | 01 Apr 2011 | 15 Years 6 Months | Current |
| Adesh Goyal | Director | 07 Mar 2022 | 4 Years 7 Months | Current |
| Subramanyam Raghunath Also directs: Treach LLP, NVCF Finance Private Limited | Director | 05 Aug 2011 | 15 Years 2 Months | Current |
| Shweta Jain | Director | 19 Oct 2007 | 19 Years 0 Months | Current |
| Saurabh Jain | Managing Director | 19 Oct 2007 | 19 Years 0 Months | Current |
| Brian Dominick Dunn | Director | 28 Jun 2017 | 9 Years 3 Months | Current |
Peer Comparison of Spire Technologies and Solutions Private Limited
Spire Technologies and Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Soft Suave Technologies Private Limited | ₹29.27 Cr (FY 2024) | •••• | •••• | -5.0% | •••• | Chennai, Tamil Nadu, India |
| Fiftyfive Technologies Private Limited | ₹29.25 Cr (FY 2024) | •••• | •••• | 55.0% | •••• | Jaipur, Rajasthan, India |
| Numile Solutions Private Limited | ₹29.2 Cr (FY 2024) | •••• | •••• | 62.0% | •••• | Bangalore, Karnataka, India |
| SMN Services Private Limited | ₹29.19 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Bengaluru, Karnataka, India |
| Nu Information Technologies Private Limited | ₹29.19 Cr (FY 2024) | •••• | •••• | 5.0% | •••• | Chennai, Tamil Nadu, India |
| Spire Technologies and Solutions Private Limited this company | ₹29.19 Cr (FY 2025) | •••• | •••• | -29.0% | •••• | Delhi, India |
| York Ie Apac Private Limited | ₹29.16 Cr (FY 2025) | •••• | •••• | 113.0% | •••• | Ahmedabad, Gujarat, India |
| Maxxton India Technologies Private Limited | ₹29.12 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Pune, Maharashtra, India |
| Chelsio Communications Private Limited | ₹29.06 Cr (FY 2024) | •••• | •••• | -5.0% | •••• | Bangalore, Karnataka, India |
| Doctus Software Solutions Private Limited | ₹29.04 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Hyderabad, Telangana, India |
| CGNX Networks Private Limited | ₹29.01 Cr (FY 2021) | •••• | •••• | 141.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Spire Technologies and Solutions by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of Spire Technologies and Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Spire Technologies and Solutions Private Limited
Spire Technologies and Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Spire Technologies and Solutions Private Limited
Spire Technologies and Solutions Private Limited has 16 deals on record (8 secondary share transfers, 4 funding rounds, 3 rights issues), with disclosed funding of ₹66.78 Cr; the latest was in March 2022.
Deals on record (5 of 16)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 4 individuals |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Chayadeep Properties Private Limited Seller: Chayadeep Ventures LLP |
| Jun 2018 | Rights issue | ₹4.33 Cr | Investors: Agnus Capital |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Agnus Capital, Chayadeep Ventures LLP Seller: Chayadeep Ventures LLP , Chayadeep Properties Private Limited |
| Mar 2018 | Funding round | ₹12.04 Cr | Investors: Chayadeep Properties Private Limited |
Full deal history
All 16 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Spire Technologies and Solutions Private Limited
Spire Technologies and Solutions Private Limited has 1 court case on record: 1 filed by Spire Technologies and Solutions. All case is pending. Status as checked on 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (S) | Filed by the company against Prismforce Private Limited | Pending |
Full case history
All 1 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.
Employees and EPFO Compliance at Spire Technologies and Solutions Private Limited
Spire Technologies and Solutions Private Limited has a workforce of 58 employees as of Apr 09, 2024.
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.
Recent Activity on Spire Technologies and Solutions Private Limited
Spire Technologies and Solutions Private Limited has 15 board changes on record since 2007: 6 appointments and 9 cessations. The latest: Bikramjit Maitra ceased to be Director on 29 Feb 2024.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Spire Technologies and Solutions 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.
MSME Payment Delays by Spire Technologies and Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Spire Technologies and Solutions 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 Spire Technologies and Solutions Private Limited
Spire Technologies and Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AALCS4837K1ZN | Karnataka | Active | 01 Jul 2017 |
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 Spire Technologies and Solutions 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 Spire Technologies and Solutions Private Limited
Frequently Asked Questions about Spire Technologies and Solutions Private Limited
Spire Technologies and Solutions is an active private limited company based in Delhi, India. The company works in software development and support services, within the information technology industry. It was incorporated on 19 October 2007 (19+ years old) and is registered under CIN U72300DL2007PTC169659.
Spire Technologies and Solutions reported revenue of ₹29.19 Cr for FY 2025 (down 29% YoY).
Spire Technologies and Solutions has 6 current directors:
- Saurabh Jain - Managing Director
- Viraj Tyagi - Director
- Adesh Goyal - Director
- Subramanyam Raghunath - Director
- Shweta Jain - Director
- Brian Dominick Dunn - Director
Spire Technologies and Solutions reported a net loss of ₹44.9 Lakh (net margin -1.5%) and EBITDA of ₹5.1 Cr (EBITDA margin 17.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Spire Technologies and Solutions is 12% over three years and 20% over five years. In the latest year (FY 2025) revenue fell 29%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Spire Technologies and Solutions is 29AALCS4837K1ZN, registered in Karnataka.
The CIN (Corporate Identification Number) of Spire Technologies and Solutions is U72300DL2007PTC169659. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spire Technologies and Solutions has 1 court case on record: 1 filed by the company. 1 is pending.
Spire Technologies and Solutions was incorporated on 19 October 2007, making it 19+ years old. It is registered with the Registrar of Companies, Delhi.
Spire Technologies and Solutions has 16 deals on record (8 secondary share transfers, 4 funding rounds, 3 rights issues), with disclosed funding of ₹66.78 Cr; the latest was in March 2022.
The peers of Spire Technologies and Solutions by revenue are Soft Suave Technologies Private Limited, Fiftyfive Technologies Private Limited, Numile Solutions Private Limited, SMN Services Private Limited, Nu Information Technologies Private Limited and 5 more, all in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.).