About SPURGE
SPURGE is a Technology company based in Bengaluru (India) founded in 2018. It provides laptop rentals, sales, service, and logistics for IT needs across India. It operates on a B2B and D2C model in Technology and Transportation, Automotive & Logistics sectors. Its Indian entity Spurge It Services (Opc) Private Limited reported revenue of ₹1.97 Cr. SPURGE offers products and services including Laptop Rentals, Renewed Laptops, Laptop Service, and Nationwide Logistics. Its focus areas include Hardware Sales, IT Equipment, Renewed Devices and IT Services.
Company details
Spurge Rentals specializes in renting and selling laptops and IT equipment, including refurbished options, with nationwide logistics and repair services. Based in Bengaluru, India, they focus on minimizing business costs through affordable rentals and efficient support. They serve various companies by digitizing processes for seamless asset management and quick onboarding.
- Headquarters Bengaluru, India
- SectorsTechnologyTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website spurgeit.com
- Social LinkedIn X Facebook Instagram
- Legal Name Spurge It Services (Opc) Private Limited
- Date of Incorporation 26 Oct, 2018
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹1.97 Cr
FY 2024 · -71% YoY
- Net Profit₹4 Lakh
FY 2024 · 2% margin
- EBITDA₹38.2 Lakh
FY 2024 · 19% margin
Associated legal entities of SPURGE
SPURGE operates through Spurge It Services (Opc) Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Spurge It Services (Opc) Private Limited CIN U72900KA2018OPC118019 | Active | 26 Oct 2018 | Bangalore, Karnataka | ₹2.0 Cr | 1 | View details |
Products & Services of SPURGE
SPURGE offers a comprehensive portfolio of products and services, including Laptop Rentals, Renewed Laptops, Laptop Service, and Nationwide Logistics.
Offers affordable rental of laptops and IT equipment for businesses.
Sells refurbished laptops with discounts and reliable support.
Provides expert repair and maintenance for laptops and gadgets.
Handles secure delivery and tracking of IT equipment across India.
Board of directors of Spurge It Services (Opc) Private Limited (SPURGE)
Spurge It Services (Opc) Private Limited is the primary company behind SPURGE. The board of Spurge It Services (Opc) Private Limited currently has 1 director; the longest-serving is Kathan Nitinkumar Shah, appointed in 2018.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kathan Nitinkumar Shah DIN 08267077 | Director | 26 Oct 2018 | 8 yrs | Spurge It Services (Opc) Private Limited |
Financials of SPURGE
Figures of Spurge It Services (Opc) Private Limited, the primary company behind SPURGE, for FY 2024. Revenue was ₹1.97 Cr (-71% year on year). Net profit was ₹4 Lakh (2% margin). EBITDA was ₹38.2 Lakh (19% margin). Revenue has grown at a compounded annual rate of -15% over three years and +75% over five years.
- ₹1.97 CrRevenue · FY 2024 · -71% YoY
- ₹4 LakhNet profit · 2% margin
- ₹38.2 LakhEBITDA · 19% margin
- ₹1 LakhPaid-up capital
- -15%Revenue CAGR, 3 years
- +75%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Spurge It Services (Opc) Private Limited are on its company page.
Detailed financial statements for SPURGE
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Frequently Asked Questions about SPURGE
SPURGE was founded in 2018.
SPURGE is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
The primary company behind SPURGE, Spurge It Services (Opc) Private Limited, reported revenue of ₹1.97 Cr for FY 2024, down 71% year on year.
Spurge Rentals specializes in renting and selling laptops and IT equipment, including refurbished options, with nationwide logistics and repair services. Based in Bengaluru, India, they focus on minimizing business costs through affordable rentals and efficient support. They serve various companies by digitizing processes for seamless asset management and quick onboarding.
SPURGE offers Laptop Rentals, Renewed Laptops, Laptop Service, and Nationwide Logistics.
SPURGE operates through Spurge It Services (Opc) Private Limited.
The legal entities of SPURGE currently have 1 director, including Kathan Nitinkumar Shah.