Spa Agencies (India) Private Limited
About Spa Agencies (India) Private Limited
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Spa Agencies (India) Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 09 June 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74140TN1997PTC038375. Its GSTIN is 33AAECS0942E1ZS (Tamil Nadu). The company holds 7 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹51 Lakh. It was formerly known as Spa Agencies (Chennai) Private Limited. It is led by directors including Amar Agarwal (Managing Director) and Uma Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Old Door No.481 New Door No.58 Mint Street, Chennai, Tamil Nadu, India – 600079.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.18 Lakh, a decline of 88% compared to the previous year. For the same year it recorded a net loss of ₹25 Lakh and EBITDA of -₹24.83 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 84% over three years and 49% over five years.
As per MCA filings, the company has open charges of ₹1.56 Cr and satisfied charges of ₹1.56 Cr on record. Court records list 20 cases involving the company, including 11 filed by the company and 9 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Spa Agencies (India) Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOld Door No.481 New Door No.58 Mint Street, Chennai, Tamil Nadu, India – 600079
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Spa Agencies (India) Private Limited, buy the company report.
- 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
Financials of Spa Agencies (India) Private Limited
FY 2024 filings availableSpa Agencies (India) Private Limited reported revenue of ₹1.18 Lakh (down 88% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 49% over five years, including a 88% fall in the latest year. EBITDA fell 449% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹24.83 Lakh | ||||
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| Net Profit (PAT) | -₹25 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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To see the full financial statements and ratios of Spa Agencies (India) Private Limited, buy the company report.
Board of directors of Spa Agencies (India) Private Limited
Spa Agencies (India) has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Uma Agarwal Also directs: The Agentc Artist Management LLP | Director | 24 Jun 2006 | 20 Years 4 Months | Current |
| Amar Agarwal Also directs: Roast Restaurants LLP | Managing Director | 01 Apr 1999 | 27 Years 7 Months | Current |
| Sunita Agarwal Also directs: Accents Chennai Private Limited | Director | 09 Jun 1997 | 29 Years 5 Months | Current |
Peer comparison
Spa Agencies (India) Private Limited is compared with the 6 companies closest to it by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Belle Optics Pvt Ltd | ₹1.2 Lakh (FY 2024) | Mumbai, Maharashtra, India | ||||
| Pristar Diamonds Private Limited | ₹1.2 Lakh (FY 2025) | -18.0% | Mumbai, Maharashtra, India | |||
| Shreyansh Luxury Stores Private Limited | ₹1.2 Lakh (FY 2025) | Bangalore, Karnataka, India | ||||
| Spa Agencies (India) Private Limitedthis company | ₹1.18 Lakh (FY 2025) | -₹25 Lakh | -88.0% | Chennai, Tamil Nadu, India | ||
| Gemco Jewels Private Limited | ₹1.14 Lakh (FY 2025) | 105.0% | Jaipur, Rajasthan, India | |||
| Hammer Plus Jewellery Private Limited | ₹1.09 Lakh (FY 2024) | -89.0% | Mumbai, Maharashtra, India | |||
| Kreaz Lifestyle Private Limited | ₹1.03 Lakh (FY 2025) | 10273500.0% | New Delhi, Delhi, India |
To see the full peer comparison of Spa Agencies (India) Private Limited, buy the company report.
Auditor
Spa Agencies (India) Private Limited is audited by K M JAIN AND ASSOCIATESK M JAIN AND ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K M JAIN AND ASSOCIATESK M JAIN AND ASSOCIATES | FY 2022 | 027058 |
Shareholding
The shareholding of Spa Agencies (India) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Spa Agencies (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2011 | 10314736 | Bajaj Finance Limited | ₹1.56 Cr | Satisfied |
To see the full charge records of Spa Agencies (India) Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Spa Agencies (India) Private Limited has 20 court cases on record: 11 filed by Spa Agencies (India), 9 filed against it. 2 cases are pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 7 | 1 |
| High courts | 10 | 2 | 1 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Filed against the company by M/S South City Projects (Kolkata) Ltd | Pending |
| Bombay High Court | Arbitration matter | Filed against the company by Bajaj Finance Limited | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Arbitration matter | Filed by the company against M/S. South City Projects ( Kolkata) Ltd. | Disposed |
| High Court of Karnataka | Interim or miscellaneous application | Filed by the company against M/S. Parkar Holdings Pvt Ltd., A Private Ltd and 1 other | Disposed |
| High Court of Karnataka | Appeal | Filed by the company against M/S. Parkar Holdings Pvt Ltd., A Private Ltd and 1 other | Disposed |
To see the full case history of Spa Agencies (India) Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Spa Agencies (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Spa Agencies (India) has 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
Spa Agencies (India) has 7 GST registrations: 3 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAECS0942E1ZS | Tamil Nadu | Active | 01 Jul 2017 |
| 07AAECS0942E2ZM | Delhi | Active | 01 Jul 2017 |
| 19AAECS0942E1ZI | West Bengal | Active | 19 Jan 2018 |
To see the full GST registrations and return filing status of Spa Agencies (India) Private Limited, buy the company report.
Recent activity
Spa Agencies (India) Private Limited has 3 board changes on record since 1997: 3 appointments. The latest: Uma Agarwal was appointed as Director on 24 Jun 2006.
Frequently asked questions
Spa Agencies (India) is an active private limited company based in Chennai, Tamil Nadu, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 09 June 1997 (29+ years old) and is registered under CIN U74140TN1997PTC038375.
Spa Agencies (India) has 3 current directors:
- Amar Agarwal - Managing Director
- Uma Agarwal - Director
- Sunita Agarwal - Director
The latest financial statements of Spa Agencies (India) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Spa Agencies (India) is 33AAECS0942E1ZS, registered in Tamil Nadu. The company has 7 GST registrations in all, of which 3 are active and 4 are cancelled or inactive. Other active GSTINs include 07AAECS0942E2ZM (Delhi), 19AAECS0942E1ZI (West Bengal).
The CIN (Corporate Identification Number) of Spa Agencies (India) is U74140TN1997PTC038375. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spa Agencies (India) has 20 court cases on record: 11 filed by the company and 9 filed against it. 2 are pending. Most are in the district courts.
Spa Agencies (India) was incorporated on 09 June 1997, making it 29+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Spa Agencies (India) by revenue are Belle Optics Pvt Ltd, Pristar Diamonds Private Limited, Shreyansh Luxury Stores Private Limited, Gemco Jewels Private Limited, Hammer Plus Jewellery Private Limited and 1 more, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (wholesale trading).
Uma Agarwal was appointed as Director on 24 Jun 2006. Amar Agarwal was appointed as Managing Director on 01 Apr 1999. Sunita Agarwal was appointed as Director on 09 Jun 1997.
The registered office of Spa Agencies (India) is at Old Door No.481 New Door No.58 Mint Street, Chennai, Tamil Nadu, India – 600079.
Spa Agencies (India) operates in the consumer goods industry, in the jewelry and gemstone retail and distribution segment.
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