About Spares Pazari
Spares Pazari is a Technology company based in Delhi (India) founded in 2017. It offers maritime spares, software solutions, IoT, hull cleaning, and logistics services globally. It operates on a B2B and Marketplace model in Technology and Transportation, Automotive & Logistics sectors. Its Indian entity Spares Pazari Llp reported revenue of ₹5.55 Cr. Spares Pazari offers products and services including IoT & Robotics, Software Solutions, Spares & Stores, Underwater Hull Cleaning, and Logistics & Forwarding. Its focus areas include IoT and Robotics, Maritime Applications, Vessel Monitoring and Maritime. Its competitors include ShipsKart and Orion Marine Concepts; 1 of its 2 listed competitors has raised funding.
Company details
Spares Pazari specializes in maritime industry solutions, supplying high-quality spares and stores from global vendors to reduce costs. They provide software for streamlined procurement and inventory management, IoT and robotics for real-time vessel monitoring, underwater hull cleaning to enhance efficiency, and logistics for seamless deliveries. Operating from offices in India, Greece, and UAE, they serve shipowners and charterers by optimizing operations and minimizing environmental impact.
- Headquarters Delhi, India
- SectorsTechnologyTransportation, Automotive & Logistics
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- Website spares-pazari.com
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- Legal Name Spares Pazari Llp
- Date of Incorporation 21 Mar, 2017
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹5.55 Cr
FY 2023 · +18% YoY
- Net Profit₹15.4 Lakh
FY 2023 · 3% margin
- EBITDA₹12.9 Lakh
FY 2023 · 2% margin
Associated legal entities of Spares Pazari
Spares Pazari operates through Spares Pazari Llp (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Spares Pazari Llp CIN AAI-8877 | Active | 21 Mar 2017 | New Delhi, Delhi | ₹5.5 Cr | 2 | View details |
Products & Services of Spares Pazari
Spares Pazari offers a comprehensive portfolio of products and services, including IoT & Robotics, Software Solutions, Spares & Stores, Underwater Hull Cleaning, and Logistics & Forwarding.
Provides real-time monitoring for vessel efficiency and safety.
Automates procurement workflows for ships and inventory management.
Delivers high-quality spare parts for vessel machinery globally.
Improves vessel performance by removing marine fouling.
Handles global deliveries and warehousing for maritime needs.
Board of directors of Spares Pazari Llp (Spares Pazari)
Spares Pazari Llp is the primary company behind Spares Pazari. The board of Spares Pazari Llp currently have 2 directors; the longest-serving is Navneet Sahay, appointed in 2017.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Navneet Sahay DIN 07718793 | Designated Partner | 21 Mar 2017 | 9 yrs 7 mo | Spares Pazari Llp |
| Nivedan Sahay DIN 07721689 | Designated Partner | 21 Mar 2017 | 9 yrs 7 mo | Spares Pazari Llp |
Financials of Spares Pazari
Figures of Spares Pazari Llp, the primary company behind Spares Pazari, for FY 2023. Revenue was ₹5.55 Cr (+18% year on year). Net profit was ₹15.4 Lakh (3% margin). EBITDA was ₹12.9 Lakh (2% margin). Revenue has grown at a compounded annual rate of +57% over five years.
- ₹5.55 CrRevenue · FY 2023 · +18% YoY
- ₹15.4 LakhNet profit · 3% margin
- ₹12.9 LakhEBITDA · 2% margin
- +57%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Spares Pazari Llp are on its company page.
Detailed financial statements for Spares Pazari
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Competitors of Spares Pazari
Spares Pazari has 2 listed competitors in our database, 1 of them funded. They include ShipsKart and Orion Marine Concepts.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| shipskart.com | 2017 | Delhi, India | $3.03M | Online B2B marketplace for maritime services and logistics is provided. | ||
| orionmarineconcepts.com | 2006 | Gurugram, India | Delivers specialized software solutions for the nautical and marine industry. |
Detailed competitors of Spares Pazari
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Frequently Asked Questions about Spares Pazari
Spares Pazari was founded in 2017.
Spares Pazari is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
The primary company behind Spares Pazari, Spares Pazari Llp, reported revenue of ₹5.55 Cr for FY 2023, up 18% year on year.
Spares Pazari specializes in maritime industry solutions, supplying high-quality spares and stores from global vendors to reduce costs. They provide software for streamlined procurement and inventory management, IoT and robotics for real-time vessel monitoring, underwater hull cleaning to enhance efficiency, and logistics for seamless deliveries. Operating from offices in India, Greece, and UAE, they serve shipowners and charterers by optimizing operations and minimizing environmental impact.
Spares Pazari's top competitors include ShipsKart and Orion Marine Concepts.
Spares Pazari offers IoT & Robotics, Software Solutions, Spares & Stores, Underwater Hull Cleaning, and Logistics & Forwarding.
Spares Pazari operates through Spares Pazari Llp.
The legal entities of Spares Pazari currently have 2 directors, including Navneet Sahay, Nivedan Sahay.