Spring Industries Private Limited
About Spring Industries Private Limited
Data last updated:
Spring Industries Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the educational support services segment of the education and learning sector. It was incorporated on 24 June 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51101MH2014PTC255647. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹41.95 Lakh. It is led by directors including Suat Canan and Halil Asiret.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Unit No.2 1st Floor Best Commercial Complex A Nr. Railway Station Andheri (West), Mumbai, Maharashtra, India – 400058.
As per the financials filed for FY 2018, the company reported a revenue of ₹66.86 Lakh, a decline of 10% compared to the previous year. For the same year it recorded a net loss of ₹17.64 Lakh (net margin -26.4%) and EBITDA of -₹16.89 Lakh (EBITDA margin -25.3%). Revenue has grown at a compounded annual rate (CAGR) of 61% over three years.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
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- WebsiteLocked
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- Registered AddressUnit No.2 1st Floor Best Commercial Complex A Nr. Railway Station Andheri (West), Mumbai, Maharashtra, India – 400058
- IndustryEducation & Learing, Educational 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 Spring Industries Private Limited
The business activities of Spring Industries are registered with the MCA. The activity codes are listed below.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Locked | P4 | Locked | 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 Spring Industries Private Limited FY 2018 filings available
Spring Industries Private Limited reported revenue of ₹66.86 Lakh (down 10% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR) of Spring Industries Private Limited
Revenue fell 10% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 61%. EBITDA fell 63% 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 Spring Industries Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| 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 | -₹16.89 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹17.64 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 Spring Industries Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -25.3% | •••• | •••• | •••• |
| Net Profit Margin | -26.4% | •••• | •••• | •••• |
| 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 Spring Industries 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.
Auditor Details of Spring Industries Private Limited
Spring Industries Private Limited is audited by A.A. KAPADIA & CO. for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A.A. KAPADIA & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Spring Industries Private Limited
Spring Industries has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ozkan Soycan | Additional Director | 01 Jul 2016 | 10 Years 3 Months | Current |
| Suat Canan Also directs: Barish Impex Private Limited | Director | 24 Jun 2014 | 12 Years 3 Months | Current |
| Halil Asiret | Director | 24 Jun 2014 | 12 Years 3 Months | Current |
Ownership and Shareholding of Spring Industries 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 Spring Industries Private Limited
Spring Industries Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Spring Industries Private Limited
Spring Industries Private Limited has 1 court case on record: 1 filed by Spring Industries. All case is disposed. Status as checked on 30 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Court case (Cri.Rev.App.) | Filed by the company against State and Other 1 | Disposed |
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 Spring Industries Private Limited
Employment history and EPFO contributions of people linked to Spring Industries.
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 Spring Industries Private Limited
Spring Industries Private Limited has 3 board changes on record since 2014: 3 appointments. The latest: Ozkan Soycan was appointed as Additional Director on 01 Jul 2016.
Credit Ratings, Litigation & Regulatory Alerts for Spring Industries 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 Spring Industries 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 Spring Industries 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 Spring Industries Private Limited
Spring Industries has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Spring Industries 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.
Frequently Asked Questions about Spring Industries Private Limited
Spring Industries is an active private limited company based in Mumbai, Maharashtra, India. The company works in educational support services, within the education and learning industry. It was incorporated on 24 June 2014 (12+ years old) and is registered under CIN U51101MH2014PTC255647.
Spring Industries reported revenue of ₹66.86 Lakh for FY 2018 (down 10% YoY).
Spring Industries has 3 current directors:
- Ozkan Soycan - Additional Director
- Suat Canan - Director
- Halil Asiret - Director
Spring Industries reported a net loss of ₹17.64 Lakh (net margin -26.4%) and EBITDA of -₹16.89 Lakh (EBITDA margin -25.3%) for FY 2018, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Spring Industries is 61% over three years. In the latest year (FY 2018) revenue fell 10%. CAGR is the steady yearly rate that links the first and the last year.
No. Spring Industries has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Spring Industries is U51101MH2014PTC255647. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spring Industries has 1 court case on record: 1 filed by the company.
Spring Industries was incorporated on 24 June 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
Ozkan Soycan was appointed as Additional Director on 01 Jul 2016. Halil Asiret was appointed as Director on 24 Jun 2014. Suat Canan was appointed as Director on 24 Jun 2014.