About Spectra Motors Limited
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Spectra Motors Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 25 February 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U50100MH1993PLC070945. The company has 2 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 ₹3.44 Cr. It is led by directors including Bharatbhushan Roshanlal Gupta (Managing Director) and Sheela Vinod Gupta.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Shivam Chambers 424 S V Rd. Goregaon (West), Mumbai, Maharashtra, India – 400062.
As per the financials filed for FY 2017, the company reported a revenue of ₹738.45 Cr. For the same year it recorded a net loss of ₹20.36 Cr (net margin -2.8%) and EBITDA of ₹6.11 Cr (EBITDA margin 0.8%).
The company has about 685 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹99.2 Cr and satisfied charges of ₹102.32 Cr on record. Court records list 80 cases involving the company, including 41 filed by the company and 39 filed against it; 7 cases are pending. The company has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹7.83 Cr; the latest was in March 2016.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website spectramotors.in.
Company details
CIN history
Spectra Motors has one previous CIN (Corporate Identification Number): L50100MH1993PLC070945. The current CIN is U50100MH1993PLC070945, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U50100MH1993PLC070945 | Current |
| L50100MH1993PLC070945 | Previous |
Contact details
Spectra Motors Limited's registered office is in Mumbai, Maharashtra. Its website is spectramotors.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressShivam Chambers 424 S V Rd. Goregaon (West), Mumbai, Maharashtra, India – 400062
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Spectra Motors 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
Business activity
The main business activity of Spectra Motors is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of Spectra Motors Limited, buy the company report.
Financials of Spectra Motors Limited
FY 2017 filings availableSpectra Motors Limited reported revenue of ₹738.45 Cr for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹738.45 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹6.11 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹20.36 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 0.8% | ||
| Net Profit Margin | -2.8% | ||
| 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 Spectra Motors Limited, buy the company report.
Board of directors of Spectra Motors Limited
Spectra Motors has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharatbhushan Roshanlal Gupta Also directs: Spectra Zenith Infrastructure LLP, Shashwat Homes LLP, Vasai Roller Flour Mills Private Limited and 3 more | Managing Director | 25 Feb 1993 | 33 Years 8 Months | Current |
| Sheela Vinod Gupta | Director | 25 May 2001 | 25 Years 5 Months | Current |
| Jaidev Vinod Kumar Gupta | Director | 15 Jul 2004 | 22 Years 3 Months | Current |
Auditor
Spectra Motors Limited is audited by HARJANI & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HARJANI & ASSOCIATES | FY 2017 | 128545W |
Shareholding
The shareholding of Spectra Motors Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Spectra Motors Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Mar 2017 | 100091441 | Others | ₹4.7 Cr | Open | |
| 29 Sep 2016 | 100052812 | Others | ₹18.5 Cr | Open | |
| 04 Mar 2016 | 100053434 | Others | ₹12 Cr | Open | |
| 04 Jun 2014 | 10506375 | Icici Bank Limited | ₹13 Cr | Open | |
| 04 Jun 2014 | 10508124 | Icici Bank Limited | ₹5 Cr | Open |
To see the full charge records of Spectra Motors Limited, buy the company report.
Total charge records: 21 View all charges
Deals & funding
Spectra Motors Limited has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹7.83 Cr; the latest was in March 2016.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Jan 2015 | Funding round | ₹6 Cr | Investors: 2 individuals |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Roshanlal Gupta HUF |
| Jan 2013 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Roshanlal Gupta & Sons Private Limited |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: Roshanlal Gupta & Sons Private Limited Seller: Spectra Industries Limited |
To see the full deal history of Spectra Motors Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Spectra Motors Limited has 80 court cases on record: 41 filed by Spectra Motors, 39 filed against it. 7 cases are pending and 73 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 59 | 28 | 2 |
| High courts | 21 | 11 | 5 |
Cases on record (5 of 80)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Tata Capital Financial Services Ltd. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Au Small Finance Bank Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Au Small Finance Bank Ltd | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Idemitsu Lube India Pvt. Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by HDFC Bank Ltd | Disposed |
To see the full case history of Spectra Motors 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.
Credit ratings & regulatory alerts
Spectra Motors Limited was last rated by Crisil on 09 Mar 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 09 Mar 2020 |
To see the full credit ratings and regulatory alerts of Spectra Motors Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Spectra Motors Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Spectra Motors Limited has a workforce of 685 employees on its EPFO records as of Mar 27, 2024, across 2 active EPFO establishments.
GST
Spectra Motors has 2 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 Spectra Motors Limited, buy the company report.
Recent activity
Spectra Motors Limited has 10 board changes on record since 1993: 3 appointments and 7 cessations. The latest: Vinodkumar Roshanlal Gupta ceased to be Director on 25 May 2018.
39 earlier events are in the company report.
Frequently asked questions
Spectra Motors is an active public limited company based in Mumbai, Maharashtra, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 25 February 1993 (33+ years old) and is registered under CIN U50100MH1993PLC070945.
Spectra Motors has 3 current directors:
- Bharatbhushan Roshanlal Gupta - Managing Director
- Sheela Vinod Gupta - Director
- Jaidev Vinod Kumar Gupta - Director
The latest financial statements of Spectra Motors on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Spectra Motors has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Spectra Motors is U50100MH1993PLC070945. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spectra Motors has 80 court cases on record: 41 filed by the company and 39 filed against it. 7 are pending. Most are in the district courts.
Spectra Motors was incorporated on 25 February 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.
Spectra Motors has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹7.83 Cr; the latest was in March 2016.
Vinodkumar Roshanlal Gupta ceased to be Director on 25 May 2018. Shubhmayee Bharat Bhushan Gupta ceased to be Director on 27 Mar 2018. Sheela Vinod Gupta ceased to be Whole-Time Director on 24 Mar 2018. Spectra Motors has 10 board changes on record in total.
Spectra Motors can be reached through the website spectramotors.in. Its registered office is in Mumbai, Maharashtra, India.
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