About Spal Automotive Technology India Private Limited
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Spal Automotive Technology India Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Spal Automotive Srl. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 25 March 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U29219DL1996PTC077528. Its GSTIN is 07AAACP5780F2ZD (Delhi). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹18.5 Cr and a paid-up capital of ₹18.5 Cr. It was formerly known as Pee Aar Exim Private Limited. It is led by directors including Gian Paolo Guidetti and Santosh Rajendraji Dhoka.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 1011 – B 10th Floor Indraprakash Building 21 Barakhamba Road, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2025, the company reported a revenue of ₹114.91 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net loss of ₹78.84 Lakh (net margin -0.7%) and EBITDA of ₹2.45 Cr (EBITDA margin 2.1%). Revenue has grown at a compounded annual rate (CAGR) of 47% over three years and 23% over five years.
The company has about 65 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: SPAL. As per MCA filings, the company has open charges of ₹5.77 Cr and satisfied charges of ₹10.24 Cr on record. Court records list 13 cases involving the company, including 10 filed by the company and 3 filed against it; 2 cases are pending. The company has 10 deals on record (5 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹21.27 Cr; the latest was in March 2023. The company has 10 MSME Form 1 returns on record between 2018 and 2023, listing 459 overdue payments to 29 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spalautomotive.it.
Company details
Contact details
Spal Automotive Technology India Private Limited's registered office is in New Delhi, Delhi. Its website is spalautomotive.it. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1011 – B 10th Floor Indraprakash Building 21 Barakhamba Road, New Delhi, Delhi, India – 110001
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Spal Automotive Technology 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
Brands
Spal Automotive Technology India operates one associated brand: SPAL. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies automotive thermal system components. | spalautomotive.it |
Business activity
The main business activity of Spal Automotive Technology India is manufacturing. In detail, this covers manufacture of machinery and equipment n.e.c..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 28 | Manufacture of machinery and equipment n.e.c. |
To see the full business activity and turnover split of Spal Automotive Technology India Private Limited, buy the company report.
Financials of Spal Automotive Technology India Private Limited
FY 2024 filings availableSpal Automotive Technology India Private Limited reported revenue of ₹114.91 Cr (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 7% growth in the latest year. EBITDA fell 77% 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 | ₹2.45 Cr | ||||
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| Net Profit (PAT) | -₹78.84 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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| Profitability | |||||
| EBITDA Margin | 2.1% | ||||
| Net Profit Margin | -0.7% | ||||
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To see the full financial statements and ratios of Spal Automotive Technology India Private Limited, buy the company report.
Board of directors and KMP of Spal Automotive Technology India Private Limited
Spal Automotive Technology India Private Limited currently reports 3 directors and 1 key managerial person. 10 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gian Paolo Guidetti | Director | 04 Aug 2018 | 8 Years 3 Months | Current |
| Santosh Rajendraji Dhoka | Director | 14 Oct 2019 | 7 Years 0 Months | Current |
| Shaily Chauhan | Company Secretary | 23 Feb 2023 | 3 Years 8 Months | Current |
| Enrico Ghidoni | Director | 04 Apr 2025 | 1 Years 7 Months | Current |
Auditor
Spal Automotive Technology India Private Limited is audited by A D Shah & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A D Shah & Co. | FY 2023 | 137667W |
Shareholding
The shareholding of Spal Automotive Technology 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 Spal Automotive Technology India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Feb 2024 | 101047417 | Others | ₹5.75 Cr | Open | |
| 29 Dec 1999 | 90053787 | Punjab National Bank | ₹2.4 Lakh | Open | |
| 06 Apr 2011 | 10288430 | Karnataka Bank Limited | ₹1 Cr | Satisfied | |
| 27 Feb 2009 | 10150576 | Karnataka Bank Ltd. | ₹4.04 Cr | Satisfied | |
| 27 Feb 2009 | 10150586 | Karnataka Bank Limited | ₹2.5 Cr | Satisfied |
To see the full charge records of Spal Automotive Technology India Private Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Spal Automotive Technology India Private Limited has 10 deals on record (5 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹21.27 Cr; the latest was in March 2023.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jul 2022 | Rights issue | ₹17.92 Cr | Investors: 2 individuals |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Pee Aar Automotive Technologies Private Limited, an individual |
| Aug 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Dec 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Spal Automotive Technology India Private 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
Spal Automotive Technology India Private Limited has 13 court cases on record: 10 filed by Spal Automotive Technology India, 3 filed against it. 2 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 1 | 0 |
| NCLAT | 3 | 1 | 2 |
| NCLT | 2 | 1 | 0 |
| High courts | 1 | 0 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, New Delhi Bench Court-III | Insolvency matter | Filed by the company against Pee Aar Automotive Technologies Private Limited | Disposed |
| NCLT, New Delhi Bench Court-III | Company petition | Filed against the company by Pee Aar Automotive Technologies Private Limited and 1 other | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Chief Manager HDFC Bank Ltd. and 2 others | Disposed |
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by individuals | Pending |
| NCLAT, Chairperson Court | Tribunal matter | Filed by the company against individuals | Pending |
To see the full case history of Spal Automotive Technology 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
Spal Automotive Technology India Private Limited has 10 MSME Form 1 returns on record between 2018 and 2023, listing 459 overdue payments to 29 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 29)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Precision Wires India Limited | |||
| Kalburgi Stamping | |||
| K-Lon Tekno Polymers Private Limited | |||
| Autotech-Sirmax India Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Spal Automotive Technology India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Spal Automotive Technology India Private Limited has a workforce of 65 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Spal Automotive Technology India has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACP5780F2ZD | Delhi | Active | 08 Aug 2019 |
| 09AAACP5780F1ZA | Uttar Pradesh | Active | 01 Jul 2017 |
| 27AAACP5780F1ZC | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Spal Automotive Technology India Private Limited, buy the company report.
Recent activity
Spal Automotive Technology India Private Limited has 22 board changes on record since 1996: 13 appointments and 9 cessations. The latest: Enrico Ghidoni was appointed as Director on 04 Apr 2025.
35 earlier events are in the company report.
Frequently asked questions
Spal Automotive Technology India is an active private limited company based in New Delhi, Delhi, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 25 March 1996 (30+ years old) and is registered under CIN U29219DL1996PTC077528.
Spal Automotive Technology India has 4 current directors and KMP:
- Gian Paolo Guidetti - Director
- Santosh Rajendraji Dhoka - Director
- Enrico Ghidoni - Director
- Shaily Chauhan - Company Secretary
The latest financial statements of Spal Automotive Technology India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Spal Automotive Technology India is 07AAACP5780F2ZD, registered in Delhi. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 09AAACP5780F1ZA (Uttar Pradesh), 27AAACP5780F1ZC (Maharashtra).
The CIN (Corporate Identification Number) of Spal Automotive Technology India is U29219DL1996PTC077528. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spal Automotive Technology India has 13 court cases on record: 10 filed by the company and 3 filed against it. 2 are pending. Most are in the district courts.
Spal Automotive Technology India was incorporated on 25 March 1996, making it 30+ years old. It is registered with the Registrar of Companies, Delhi.
Spal Automotive Technology India has 10 deals on record (5 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹21.27 Cr; the latest was in March 2023.
Enrico Ghidoni was appointed as Director on 04 Apr 2025. Giuliano Spaggiari ceased to be Director on 04 Apr 2025. Rahul Hanmant Gramopadhye ceased to be Managing Director on 19 Apr 2024. Spal Automotive Technology India has 22 board changes on record in total.
Spal Automotive Technology India has 10 MSME Form 1 returns on record between 2018 and 2023, listing 459 overdue payments to 29 micro and small suppliers. The latest return was filed on 29 Aug 2023.
Spal Automotive Technology India can be reached through the website spalautomotive.it. Its registered office is in New Delhi, Delhi, India.
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