MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2022-23)
- Udyam number
- UDYAM-RJ-02-0007370
S Pal Enterprises Private Limited - manufacturing in Tijara, Rajasthan, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹318.09 Cr
▼ 1% YoY
Net profit · FY 2025
₹3.19 Cr
Net margin 1%
EBITDA · FY 2025
₹6.31 Cr
EBITDA margin 2%
Authorised capital
₹7 Cr
Registered with MCA
Paid-up capital
₹5.86 Cr
Issued & subscribed
Open charges
₹1.3 Cr
Satisfied ₹157.86 Cr
Company age
29 yrs
Est. 1997
Employees · EPFO
17
Provident fund records
About S Pal Enterprises Private Limited
Data last updated:
S Pal Enterprises Private Limited is a private limited company based in Tijara, Rajasthan, India. It operates in the power cables segment of the manufacturing sector. It was incorporated on 26 March 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U31300RJ1997PTC106555. Its GSTIN is 08AAECS1246F1ZK (Rajasthan). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹5.86 Cr. It is led by directors including Satish Garg and Varun Garg.
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 E – 521/522 RIICO Industrial Area Chopanki, Tijara, Rajasthan, India – 301019.
As per the financials filed for FY 2025, the company reported a revenue of ₹318.09 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹3.19 Cr (net margin 1%) and EBITDA of ₹6.31 Cr (EBITDA margin 2%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 18% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.3 Cr and satisfied charges of ₹157.86 Cr on record. Court records list 18 cases involving the company, including 8 filed by the company and 10 filed against it; 4 cases are pending. The company has 9 deals on record (6 secondary share transfers, 3 funding rounds), with disclosed funding of ₹7.11 Cr; the latest was in March 2021. Its 5 peer companies in the Manufacturing industry (Power Cables), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 3 larger and 2 smaller; the largest is Special Cables Pvt Ltd with revenue of ₹356.17 Cr.
S Pal Enterprises Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-02-0007370). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spepl.net.
Company details
CIN U31300RJ1997PTC106555
Registration Number 106555
Incorporation Date 26 March 1997
ROC Jaipur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-RJ-02-0007370
CIN history
S Pal Enterprises has one previous CIN (Corporate Identification Number): U31300DL1997PTC086100. The current CIN is U31300RJ1997PTC106555, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31300RJ1997PTC106555 | Current |
| U31300DL1997PTC086100 | Previous |
Recognitions & Rankings of S Pal Enterprises
Contact details
S Pal Enterprises Private Limited's registered office is in Tijara, Rajasthan.
- Registered AddressE – 521/522 RIICO Industrial Area Chopanki, Tijara, Rajasthan, India – 301019
- IndustryManufacturing, Power Cables
Comprehensive company report
S Pal Enterprises Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of S Pal Enterprises is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of S Pal Enterprises Private Limited, buy the company report.
Financials of S Pal Enterprises Private Limited
FY 2024 filings availableS Pal Enterprises Private Limited reported revenue of ₹318.09 Cr (down 1% YoY) for FY 2025.
Revenue · FY 2025
₹318.09 Cr ▼ 1%
Net profit · FY 2025
₹3.19 Cr margin 1%
EBITDA · FY 2025
₹6.31 Cr margin 2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 33%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 5%
5 years · compounded
▼ 2%
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA rose 1% 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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| Total Expenses | |||||
| EBITDA | ₹6.31 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.19 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2% | ||||
| Net Profit Margin | 1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of S Pal Enterprises Private Limited, buy the company report.
Board of directors of S Pal Enterprises Private Limited
S Pal Enterprises has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satish Garg Also directs: Anusassun LLP, Eversure Estates Private Limited | Director | 01 Nov 2018 | 8 Years 0 Months | Current |
| Varun Garg Also directs: Vvasu Fintech LLP, Ada Infrastructure Private Limited | Director | 12 Sep 2017 | 9 Years 1 Months | Current |
| Udit Garg | Director | 30 Aug 2013 | 13 Years 2 Months | Current |
Peer comparison
S Pal Enterprises Private Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Power Cables), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Special Cables Pvt Ltd | ₹356.17 Cr (FY 2025) | 17.0% | New Delhi, Delhi, India | |||
| RMS Power Solutions Private Limited | ₹339.65 Cr (FY 2025) | 45.0% | Tijara, Rajasthan, India | |||
| Deutsch India Power Connectors Private Limited | ₹335.47 Cr (FY 2025) | 4.0% | Bangalore, Karnataka, India | |||
| S Pal Enterprises Private Limitedthis company | ₹318.09 Cr (FY 2025) | ₹3.19 Cr | 1% | -1.0% | Tijara, Rajasthan, India | |
| Prem Conductors Private Limited | ₹317.06 Cr (FY 2025) | 1.0% | Ahmedabad, Gujarat, India | |||
| Ravin Cables Ltd | ₹281.76 Cr (FY 2025) | 12.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of S Pal Enterprises Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.3 Cr
Satisfied charges
₹157.86 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2024 | 101053425 | Hdfc Bank Limited | ₹1.3 Cr | Open | |
| 27 Oct 2020 | 100384670 | The Hongkong and Shanghai Banking Corporation Limited | ₹2.97 Cr | Satisfied | |
| 04 Mar 2019 | 100256395 | Axis Bank Limited | ₹5 Cr | Satisfied | |
| 06 Aug 2018 | 100197142 | The Hongkong and Shanghai Banking Corporation Limited | ₹25 Cr | Satisfied | |
| 06 Aug 2018 | 100197145 | The Hongkong and Shanghai Banking Corporation Limited | ₹1.5 Cr | Satisfied |
To see the full charge records of S Pal Enterprises Private Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
S Pal Enterprises Private Limited has 9 deals on record (6 secondary share transfers, 3 funding rounds), with disclosed funding of ₹7.11 Cr; the latest was in March 2021.
Total deals
9
Secondary share transfers
6
Funding rounds
3
Disclosed funding
₹7.11 Cr
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Sriram Realcomm Private Limited, Satish Garg & Sons HUF, Sunil Garg & Sons HUF |
| May 2010 | Secondary share transfer | Undisclosed | Buyer: Sriram Realcomm Private Limited, Saubhagya Infratech Private Limited , Eversure Estates Private Limited , an individual Seller: Harshit Finvest Private Limited , Bonlon Securities Private Limited, Vinico Metal Private Limited, an individual |
| Mar 2010 | Funding round | ₹1.5 Cr | Investors: Layman Finance Limited , Compact Leasing and Finance Private Limited |
| Feb 2010 | Funding round | ₹2.96 Cr | Investors: Bonlon Securities Private Limited, Harshit Finvest Private Limited , Bon Lon Private Limited , an individual |
| Feb 2009 | Secondary share transfer | Undisclosed | Buyer: Saubhagya Infratech Private Limited , 3 individuals Seller: Vinico Metal Private Limited, Harshit Promoters Private Limited , 2 individuals |
To see the full deal history of S Pal Enterprises 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
S Pal Enterprises Private Limited has 18 court cases on record: 8 filed by S Pal Enterprises, 10 filed against it. 4 cases are pending and 14 are disposed.
Total cases
18
Filed by the company
8
Filed against the company
10
Pending
4
Disposed
14
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 6 | 2 |
| District courts | 6 | 4 | 2 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North West, Delhi | Civil suit | Filed against the company by M/S De Glass Trend LLP | Disposed |
| High Court, MAHARASHTRA | Arbitration matter | Filed against the company by Union of India Through Chief Material Manager Jayaram Pandian | Pending |
| High Court | Interim or miscellaneous application | Filed against the company by Union of India Through Chief Material Manager Jayaram Pandian | Pending |
| District court, Jabalpur, Madhya Pradesh | Court case (MJC AV) | Filed against the company by Union of India | Pending |
| District court, Jabalpur, Madhya Pradesh | Court case (MJC) | Filed against the company by individuals | Disposed |
To see the full case history of S Pal Enterprises 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.
Credit ratings & regulatory alerts
S Pal Enterprises Private Limited was last rated by Care on 21 Dec 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 21 Dec 2022 |
To see the full credit ratings and regulatory alerts of S Pal Enterprises Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for S Pal Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
S Pal Enterprises has 5 GST registrations: 3 active and 2 cancelled or inactive.
Total GSTINs
5
Active
3
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAECS1246F1ZK | Rajasthan | Active | 01 Jul 2017 |
| 08AAECS1246F2ZJ | Rajasthan | Active | 01 Apr 2025 |
| 06AAECS1246F2ZN | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of S Pal Enterprises Private Limited, buy the company report.
Recent activity
S Pal Enterprises Private Limited has 7 board changes on record since 2006: 3 appointments and 4 cessations. The latest: Satish Garg was appointed as Director on 01 Nov 2018.
Charges
A charge registered on 06 Aug 2018 via Charge ID 100197142 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 04 Apr 2025.
Charges
A charge registered on 27 Oct 2020 via Charge ID 100384670 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 02 Jan 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.30 Cr with Charge ID 101053425 was registered on 30 Dec 2024.
AGM
S Pal Enterprises Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
S Pal Enterprises Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 25.00 Cr registered on 06 Aug 2018 with Charge ID 100197142 was modified on 21 Jan 2024.
Charges
A charge registered on 06 Aug 2018 via Charge ID 100197145 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 09 Dec 2022.
Charges
A charge registered on 04 Mar 2019 via Charge ID 100256395 with Axis Bank Limited was fully satisfied on 23 Dec 2021.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 2.97 Cr registered on 27 Oct 2020 with Charge ID 100384670 was modified on 01 Mar 2021.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 2.97 Cr with Charge ID 100384670 was registered on 27 Oct 2020.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 1.50 Cr registered on 06 Aug 2018 with Charge ID 100197145 was modified on 20 Mar 2019.
Charges
A charge with Axis Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100256395 was registered on 04 Mar 2019.
24 earlier events are in the company report.
Frequently asked questions
S Pal Enterprises is an active private limited company based in Tijara, Rajasthan, India. The company works in power cables, within the manufacturing industry. It was incorporated on 26 March 1997 (29+ years old) and is registered under CIN U31300RJ1997PTC106555.
S Pal Enterprises has 3 current directors:
- Satish Garg - Director
- Varun Garg - Director
- Udit Garg - Director
The latest financial statements of S Pal Enterprises 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 S Pal Enterprises is 08AAECS1246F1ZK, registered in Rajasthan. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 08AAECS1246F2ZJ (Rajasthan), 06AAECS1246F2ZN (Haryana).
The CIN (Corporate Identification Number) of S Pal Enterprises is U31300RJ1997PTC106555. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
S Pal Enterprises has 18 court cases on record: 8 filed by the company and 10 filed against it. 4 are pending. Most are in the high courts.
S Pal Enterprises was incorporated on 26 March 1997, making it 29+ years old. It is registered with the Registrar of Companies, Jaipur.
S Pal Enterprises has 9 deals on record (6 secondary share transfers, 3 funding rounds), with disclosed funding of ₹7.11 Cr; the latest was in March 2021.
The peers of S Pal Enterprises by revenue are Special Cables Pvt Ltd, RMS Power Solutions Private Limited, Deutsch India Power Connectors Private Limited, Prem Conductors Private Limited, Ravin Cables Ltd, all in the Manufacturing industry (Power Cables), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Satish Garg was appointed as Director on 01 Nov 2018. Varun Garg was appointed as Director on 12 Sep 2017. Satish Garg ceased to be Director on 12 Jul 2017. S Pal Enterprises has 7 board changes on record in total.
Yes, S Pal Enterprises is registered as a medium enterprise under Udyam registration (number: UDYAM-RJ-02-0007370).
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