About New Spice Solutions Private Limited
Data last updated:
New Spice Solutions Private Limited is a private limited company based in Noida, Uttar Pradesh, India, a subsidiary of Smart Entertainment Private Limited. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 16 March 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U51100UP2009PTC036977. Its GSTIN is 09AACCN9802G2ZC (Uttar Pradesh). The company holds 7 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹20.15 Cr and a paid-up capital of ₹18.02 Cr. It was formerly known as New Media Solutions Private Limited. It is led by directors Tarun Verma (Whole-Time Director) and Kamini Sharma.
Its last annual general meeting (AGM) was held on 04 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Noida, Uttar Pradesh.
As per the financials filed for FY 2025, the company reported a revenue of ₹256.84 Cr, a decline of 31% compared to the previous year. For the same year it recorded a net loss of ₹6.08 Cr (net margin -2.4%) and EBITDA of -₹5.27 Cr (EBITDA margin -2.1%). Revenue has grown at a compounded annual rate (CAGR) of 53% over three years and 54% over five years.
The company has about 76 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: SmartDukaan and Spice Money. Court records list 8 cases involving the company, including 4 filed by the company and 4 filed against it; 4 cases are pending. The company has 13 deals on record (10 secondary share transfers, 2 funding rounds, 1 acquisition), with disclosed funding of ₹18.2 Cr; the latest was in May 2024.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spicemoney.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered AddressBack Portion Of 2nd Floor, Priska Tower C – 56/45 Sector – 62, Noida, Uttar Pradesh, India – 201301
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
- 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
- One PDF report, delivered after checkout
Business Activity of New Spice Solutions Private Limited
The main business activity of New Spice Solutions is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of New Spice Solutions Private Limited FY 2025 filings available
New Spice Solutions Private Limited reported revenue of ₹256.84 Cr (down 31% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of New Spice Solutions Private Limited
Revenue fell 31% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 54%. EBITDA rose 22% 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 of New Spice Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | -₹5.27 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6.08 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 of New Spice Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -2.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of New Spice Solutions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of New Spice Solutions Private Limited
New Spice Solutions Private Limited is audited by Agrawal Nandan Taneja & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Agrawal Nandan Taneja & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of New Spice Solutions Private Limited
New Spice Solutions has 2 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tarun Verma Also directs: Televenta Advisory Limited Liability Partnership | Whole-Time Director | 01 Oct 2017 | 9 Years 0 Months | Current |
| Kamini Sharma | Director | 04 Jul 2022 | 4 Years 3 Months | Current |
Ownership and Shareholding of New Spice Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of New Spice Solutions Private Limited
New Spice Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of New Spice Solutions Private Limited
New Spice Solutions Private Limited has 13 deals on record (10 secondary share transfers, 2 funding rounds, 1 acquisition), with disclosed funding of ₹18.2 Cr; the latest was in May 2024.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2024 | Funding round | ₹11.2 Cr | Investors: Findoc Finvest Private Limited |
| Mar 2023 | Funding round | ₹7 Cr | Investors: Findoc Finvest Private Limited |
| Sep 2020 | Secondary share transfer | Buyer: Leafberry Ads Private Limited , an individual Seller: an individual | |
| Mar 2020 | Secondary share transfer | Buyer: 3 individuals Seller: Omnia Education Private Limited | |
| Mar 2019 | Secondary share transfer | Buyer: Omnia Education Private Limited Seller: an individual |
Full deal history
All 13 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of New Spice Solutions Private Limited
New Spice Solutions Private Limited has 8 court cases on record: 4 filed by New Spice Solutions, 4 filed against it. 4 cases are pending and 4 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 4 | 4 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West, Delhi | Cheque dishonour complaint | Filed against the company by HDFC Bank Limited | Disposed |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Pending |
Full case history
All 8 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with New Spice Solutions Private Limited
New Spice Solutions operates two associated brands: SmartDukaan and Spice Money. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electronics and mobile products are supplied to retail stores. | smartdukaan.com | |
| Digital payment and banking service provider in rural areas | spicemoney.com |
Competitors & Alternatives of New Spice Solutions Private Limited
Brands and companies operating in the same space as New Spice Solutions Private Limited include Kaleidofin, Fino Paytech, PayNearby and 4 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Kaleidofin | Provider of financial technology solutions for inclusive lending | Chennai, India | 2017 |
 Fino Paytech | Technology solutions for banking and financial sectors are provided. | Mumbai, India | 2006 |
 PayNearby | Digital payment and banking services are facilitated via retail partnerships. | Mumbai, India | 2016 |
 Dvara KGFS | Loans for consumers and SMEs are provided alongside financial services. | Chennai, India | 2008 |
 Suvidhaa | Tech-enabled financial and e-commerce services are delivered via retail outlets. | Mumbai, India | 2007 |
 WeRize | Provider of credit insurance and savings products for small town families | Bengaluru, India | 2019 |
 Sub-K | Provider of digital financial services for underserved populations | Hyderabad, India | 2010 |
Employees and EPFO Compliance at New Spice Solutions Private Limited
New Spice Solutions Private Limited has a workforce of 76 employees as of Apr 04, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of New Spice Solutions Private Limited
New Spice Solutions has one previous CIN (Corporate Identification Number): U22222UP2009PTC036977. The current CIN is U51100UP2009PTC036977, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51100UP2009PTC036977 | Current |
| U22222UP2009PTC036977 | Previous |
News related to New Spice Solutions Private Limited
Recent Activity on New Spice Solutions Private Limited
Credit Ratings, Litigation & Regulatory Alerts for New Spice Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by New Spice Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of New Spice Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of New Spice Solutions Private Limited
New Spice Solutions has 7 GST registrations: 5 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AACCN9802G2ZC | Uttar Pradesh | Active | 16 Aug 2017 |
| 07AACCN9802G1ZH | Delhi | Active | 02 Aug 2017 |
| 08AACCN9802G1ZF | Rajasthan | Active | 16 Aug 2018 |
| 03AACCN9802G1ZP | Punjab | Active | 04 Dec 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of New Spice Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about New Spice Solutions Private Limited
New Spice Solutions is an active private limited company based in Noida, Uttar Pradesh, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 16 March 2009 (17+ years old) and is registered under CIN U51100UP2009PTC036977.
New Spice Solutions reported revenue of ₹256.84 Cr for FY 2025 (down 31% YoY).
New Spice Solutions has 2 current directors:
- Tarun Verma - Whole-Time Director
- Kamini Sharma - Director
New Spice Solutions reported a net loss of ₹6.08 Cr (net margin -2.4%) and EBITDA of -₹5.27 Cr (EBITDA margin -2.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of New Spice Solutions is 53% over three years and 54% over five years. In the latest year (FY 2025) revenue fell 31%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of New Spice Solutions is 09AACCN9802G2ZC, registered in Uttar Pradesh. The company has 7 GST registrations in all, of which 5 are active and 2 are cancelled or inactive. Other active GSTINs include 07AACCN9802G1ZH (Delhi), 08AACCN9802G1ZF (Rajasthan), 03AACCN9802G1ZP (Punjab).
The CIN (Corporate Identification Number) of New Spice Solutions is U51100UP2009PTC036977. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
New Spice Solutions has 8 court cases on record: 4 filed by the company and 4 filed against it. 4 are pending.
New Spice Solutions was incorporated on 16 March 2009, making it 17+ years old. It is registered with the Registrar of Companies, Kanpur.