Spartan Technology Services and Solutions Private Limited

Spartan Technology Services and Solutions Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U85110KA1993PTC014811 Incorporated 18 October 1993 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹29.69 Cr
▲ 66% YoY
Net profit · FY 2025
₹6.31 Cr
Net margin 21.3%
EBITDA · FY 2025
₹11.92 Cr
EBITDA margin 40.1%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹3.18 Cr
Issued & subscribed
Open charges
₹2.5 Cr
Satisfied ₹2.5 Cr
Company age
33 yrs
Est. 1993
Directors on board
5
As per MCA filings

About Spartan Technology Services and Solutions Private Limited

Data last updated:

Spartan Technology Services and Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Ibm Inida Private Limited. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 18 October 1993 and has been in existence for over 33 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1993PTC014811. Its GSTIN is 29AAACN4847P1ZR (Karnataka). The company holds 11 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.18 Cr. It was formerly known as Network Solutions Limited and Network Solutions (Bangalore) Private Limited. It is led by directors including Vivek Pathak and Ipsita Goswami.

Its last annual general meeting (AGM) was held on 10 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.12 Subramanya Arcade Bannerghatta Road, Bangalore, Karnataka, India – 560029.

As per the financials filed for FY 2025, the company reported a revenue of ₹29.69 Cr, a growth of 66% compared to the previous year. For the same year it recorded a net profit of ₹6.31 Cr (net margin 21.3%) and EBITDA of ₹11.92 Cr (EBITDA margin 40.1%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years and 23% over five years.

The company is associated with 1 brand: Network Solutions. As per MCA filings, the company has open charges of ₹2.5 Cr and satisfied charges of ₹2.5 Cr on record. Court records list 41 cases involving the company, including 26 filed by the company and 15 filed against it; 2 cases are pending.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website networksolutions.com.

Company details

CIN U85110KA1993PTC014811
Registration Number 014811
Incorporation Date 18 October 1993
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 10 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Ibm Inida Private Limited
Compliance Status Active Compliant

Name history

Spartan Technology Services and Solutions has undergone 3 name changes throughout its history. The company was previously known as Network Solutions Limited, Network Solutions (Bangalore) Private Limited, and Network Solutions Private Limited. The current legal name is Spartan Technology Services And Solutions Private Limited.

Company NameStatus
Spartan Technology Services and Solutions Private LimitedCurrent
Network Solutions LimitedPrevious
Network Solutions (Bangalore) Private LimitedPrevious
Network Solutions Private LimitedPrevious

CIN history

Spartan Technology Services and Solutions has one previous CIN (Corporate Identification Number): U72900KA1993PTC014811. The current CIN is U85110KA1993PTC014811, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U85110KA1993PTC014811Current
U72900KA1993PTC014811Previous

Contact details

Spartan Technology Services and Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is networksolutions.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    No.12 Subramanya Arcade Bannerghatta Road, Bangalore, Karnataka, India – 560029
  • Industry
    Information Technology, IT Consulting & Support Services, IT Products Retail & Distribution

To see the full contact details of Spartan Technology Services and Solutions Private Limited, buy the company report.

Comprehensive company report
Spartan Technology Services and Solutions 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

Spartan Technology Services and Solutions operates one associated brand: Network Solutions. Each brand links to its own profile.

BrandDescriptionWebsite
Internet services are offered to small and medium enterprises.networksolutions.com

Business activity

The main business activity of Spartan Technology Services and Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Spartan Technology Services and Solutions Private Limited, buy the company report.

Financials of Spartan Technology Services and Solutions Private Limited

FY 2025 filings available

Spartan Technology Services and Solutions Private Limited reported revenue of ₹29.69 Cr (up 66% YoY) for FY 2025.

Revenue · FY 2025
₹29.69 Cr ▲ 66%
Net profit · FY 2025
₹6.31 Cr margin 21.3%
EBITDA · FY 2025
₹11.92 Cr margin 40.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 66%
3 years · compounded
▲ 26%
5 years · compounded
▼ 23%
EBITDA CAGR growth
1 year
▲ 70%
3 years · compounded
▼ 2%
5 years · compounded
▼ 29%

Revenue rose 66% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 23%. EBITDA rose 70% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹11.92 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹6.31 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin40.1%
Net Profit Margin21.3%
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

To see the full financial statements and ratios of Spartan Technology Services and Solutions Private Limited, buy the company report.

Board of directors of Spartan Technology Services and Solutions Private Limited

Spartan Technology Services and Solutions has 5 current directors and 22 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vivek PathakDirector20 Jun 20224 Years 4 MonthsCurrent
Ipsita GoswamiDirector20 Jun 20224 Years 4 MonthsCurrent
Chayanika KatariaDirector15 Apr 20251 Years 6 MonthsCurrent
Gautam AroraDirector15 Apr 20251 Years 6 MonthsCurrent
Kasinathan BhuvaneshwariDirector19 Sep 20242 Years 1 MonthsCurrent

Auditor

Spartan Technology Services and Solutions Private Limited is audited by Price Waterhouse & Co Chartered Accountants LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Price Waterhouse & Co Chartered Accountants LLPFY 2023304026E/E-300009

Shareholding

The shareholding of Spartan Technology Services and Solutions Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Spartan Technology Services and Solutions Private Limited, buy the company report.

Charges & borrowings

Open charges
₹2.5 Cr
Satisfied charges
₹2.5 Cr
Breakdown by lending institutions
Icici Bank Limited₹2.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
03 Sep 199890197415Icici Bank Limited₹2.5 CrSatisfied

To see the full charge records of Spartan Technology Services and Solutions Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

Spartan Technology Services and Solutions Private Limited has 6 MSME Form 1 returns on record between 2019 and 2024, listing 58 overdue payments to 5 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 5)

SupplierAmount dueDue sinceReported on
JNR Management Resources Pvt Limited
Netconnect Private Limited
Computer Access Private Limited
Acpl Systems Private Limited
Future Focus Infotech Private Limited

To see the full MSME payment records of Spartan Technology Services and Solutions Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Spartan Technology Services and Solutions has 11 GST registrations: 2 active and 9 cancelled or inactive.

Total GSTINs
11
Active
2
Cancelled / inactive
9
GSTINStateStatusRegistered on
29AAACN4847P1ZRKarnatakaActive01 Jul 2017
09AAACN4847P1ZTUttar PradeshActive07 Oct 2022

To see the full GST registrations and return filing status of Spartan Technology Services and Solutions Private Limited, buy the company report.

Recent activity

Spartan Technology Services and Solutions Private Limited has 27 board changes on record since 2007: 5 appointments and 22 cessations. The latest: Chayanika Kataria ceased to be Additional Director on 09 Sep 2025.

Charges
A charge registered on 03 Sep 1998 via Charge ID 90197415 with Icici Bank Limited was fully satisfied on 15 Oct 2025.
AGM
Spartan Technology Services And Solutions Private Limited last Annual general meeting of members was held on 10 Sep 2025 as per latest MCA records.
Ceased
Chayanika Kataria ceased to be Additional Director.
Ceased
Gautam Arora ceased to be Additional Director.
Ceased
Kasinathan Bhuvaneshwari ceased to be Additional Director.
Appointed
Chayanika Kataria was appointed as Director.
Appointed
Gautam Arora was appointed as Director.
Filing
Spartan Technology Services And Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Kasinathan Bhuvaneshwari was appointed as Director.
Ceased
Ipsita Goswami ceased to be Additional Director.
Ceased
Vivek Pathak ceased to be Additional Director.
Ceased
Nidhish Marakkamthodi ceased to be Additional Director.

21 earlier events are in the company report.

Frequently asked questions

Spartan Technology Services and Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 18 October 1993 (33+ years old) and is registered under CIN U85110KA1993PTC014811.

Spartan Technology Services and Solutions has 5 current directors:

The latest financial statements of Spartan Technology Services and Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 10 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Spartan Technology Services and Solutions is 29AAACN4847P1ZR, registered in Karnataka. The company has 11 GST registrations in all, of which 2 are active and 9 are cancelled or inactive. Other active GSTINs include 09AAACN4847P1ZT (Uttar Pradesh).

The CIN (Corporate Identification Number) of Spartan Technology Services and Solutions is U85110KA1993PTC014811. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Spartan Technology Services and Solutions has 41 court cases on record: 26 filed by the company and 15 filed against it. 2 are pending. Most are in the district courts.

Spartan Technology Services and Solutions was incorporated on 18 October 1993, making it 33+ years old. It is registered with the Registrar of Companies, Bangalore.

Chayanika Kataria ceased to be Additional Director on 09 Sep 2025. Gautam Arora ceased to be Additional Director on 09 Sep 2025. Kasinathan Bhuvaneshwari ceased to be Additional Director on 09 Sep 2025. Spartan Technology Services and Solutions has 27 board changes on record in total.

Spartan Technology Services and Solutions has 6 MSME Form 1 returns on record between 2019 and 2024, listing 58 overdue payments to 5 micro and small suppliers. The latest return was filed on 30 Apr 2024.

Spartan Technology Services and Solutions can be reached through the website networksolutions.com. Its registered office is in Bangalore, Karnataka, India.

The registered office of Spartan Technology Services and Solutions is at No.12 Subramanya Arcade Bannerghatta Road, Bangalore, Karnataka, India – 560029.