About Spanco BPO Services Limited
Data last updated:
Spanco BPO Services Limited is a public limited company based in Mumbai, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the business process outsourcing sector. It was incorporated on 08 August 2007.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2007PLC172976. The company has 9 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9 Cr. It is led by directors including Kaustubh Uday Dhavse and Kapil Puri.
Its last annual general meeting (AGM) was held on 27 September 2013, and its latest financial statements are for the year ended 31 March 2013. The registered office is at 8th Floor Godrej Coliseum Somaiya Hospital Road Off.Eastern Express Highway Sion(E), Mumbai, Maharashtra, India – 400022.
As per MCA filings, the company has open charges of ₹66.92 Cr and satisfied charges of ₹94 Cr on record. Court records list 34 cases involving the company, including 5 filed by the company and 29 filed against it; 5 cases are pending.
The last known website on record is spancotele.com.
Company details
Contact details
Spanco BPO Services Limited's registered office is in Mumbai, Maharashtra.
- Registered Address8th Floor Godrej Coliseum Somaiya Hospital Road Off.Eastern Express Highway Sion(E), Mumbai, Maharashtra, India – 400022
- IndustryBusiness Outsourcing, Business Process Outsourcing
- 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 Spanco BPO Services Limited
FY 2013 filings availableFinancial Statement Summary
| Metrics | FY 2012-13 |
|---|---|
| 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 | |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | |
| 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
| Metrics | FY 2012-13 |
|---|---|
| Profitability | |
| EBITDA Margin | |
| Net Profit Margin | |
| 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 Spanco BPO Services Limited, buy the company report.
Board of directors of Spanco BPO Services Limited
Spanco BPO Services has 4 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kaustubh Uday Dhavse | Director | 29 Mar 2010 | 16 Years 6 Months | As last reported |
| Kapil Puri | Director | 01 Aug 2012 | 14 Years 2 Months | As last reported |
| Raj Prakash Sant Ram Puri | Director | 02 Mar 2013 | 13 Years 7 Months | As last reported |
| Vijay Hotchand Mulchandani Also directs: Respondez BPO Private Limited | Additional Director | 17 Nov 2014 | 11 Years 11 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Dec 2010 | 10259011 | Jm Financial Asset Reconstruction Company Private Limited | ₹25.31 Cr | Open | |
| 30 Oct 2010 | 10253650 | Idbi Bank Limited | ₹25 Cr | Open | |
| 24 Oct 2009 | 10185612 | Idbi Bank Limited | ₹15 Cr | Open | |
| 28 Jul 2008 | 10151006 | Hewlett Packard Financial Services (India) Private Ltd | ₹1.62 Cr | Open | |
| 08 Sep 2010 | 10245612 | Idbi Bank Limited | ₹2 Cr | Satisfied |
To see the full charge records of Spanco BPO Services Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Spanco BPO Services Limited has 34 court cases on record: 5 filed by Spanco BPO Services, 29 filed against it. 5 cases are pending and 29 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 21 | 16 | 0 |
| District courts | 13 | 13 | 5 |
Cases on record (5 of 34)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ms. Srei Equipment Finance Private Limited | Pending |
| District court, South, Delhi | Civil suit | Filed against the company by Online Micro Services Pvt. Ltd. | Disposed |
| Bombay High Court | Company petition | Filed against the company by Walsons Services Pvt Ltd | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ms. Srei Equipment Finance Pvt. Ltd. | Disposed |
| Bombay High Court | Company petition | Filed against the company by Nimbus Harbor Facilities Management Private Limited | Disposed |
To see the full case history of Spanco BPO Services 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 Spanco BPO Services Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Spanco BPO Services has 9 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Spanco BPO Services Limited, buy the company report.
Recent activity
Spanco BPO Services Limited has 15 board changes on record since 2008: 4 appointments and 11 cessations. The latest: Vijay Hotchand Mulchandani was appointed as Additional Director on 17 Nov 2014.
16 earlier events are in the company report.
Frequently asked questions
Spanco BPO Services is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Spanco BPO Services is a company under liquidation, formerly operating as a public limited company based in Mumbai, Maharashtra, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 08 August 2007 and is registered under CIN U72900MH2007PLC172976. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Spanco BPO Services has 4 current directors:
- Kaustubh Uday Dhavse - Director
- Kapil Puri - Director
- Raj Prakash Sant Ram Puri - Director
- Vijay Hotchand Mulchandani - Additional Director
The latest financial statements of Spanco BPO Services on record with the MCA are for the year ended 31 March 2013. Its last annual general meeting was held on 27 September 2013. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Spanco BPO Services is U72900MH2007PLC172976. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spanco BPO Services has open charges of ₹66.92 Cr and satisfied charges of ₹94 Cr as per latest MCA filings.
Spanco BPO Services has 34 court cases on record: 5 filed by the company and 29 filed against it. 5 are pending. Most are in the high courts.
Spanco BPO Services was incorporated on 08 August 2007. It is registered with the Registrar of Companies, Mumbai.
Vijay Hotchand Mulchandani was appointed as Additional Director on 17 Nov 2014. Raj Prakash Sant Ram Puri ceased to be Additional Director on 27 Sep 2013. Raghvendra Kumar Verma ceased to be Company Secretary on 30 Jun 2013. Spanco BPO Services has 15 board changes on record in total.
Spanco BPO Services can be reached through the website spancotele.com. Its registered office is in Mumbai, Maharashtra, India.