MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-UP-28-0026702
SP Sai IT Private Limited - real estate and construction in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹58.7 Cr
▼ 34% YoY
Net profit · FY 2025
₹91.53 Lakh
Net margin 1.6%
EBITDA · FY 2025
₹4.49 Cr
EBITDA margin 7.7%
Authorised capital
₹6 Lakh
Registered with MCA
Paid-up capital
₹6 Lakh
Issued & subscribed
Open charges
₹79.3 Cr
Satisfied ₹104.6 Cr
Company age
18 yrs
Est. 2008
Employees · EPFO
35
Provident fund records
About SP Sai IT Private Limited
Data last updated:
SP Sai IT Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 16 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2008PTC176808. Its GSTIN is 09AAPCS4269P1Z9 (Uttar Pradesh).
The company has an authorised share capital of ₹6 Lakh and a paid-up capital of ₹6 Lakh. It is led by directors including Devesh Kr Singh and Abhimanyu Singh.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 115 Office No 301 Old No – 51 Third Floor Gali No 1 Vakil Chamber Sha, Karpur, New Delhi, Delhi, India – 110092.
As per the financials filed for FY 2025, the company reported a revenue of ₹58.7 Cr, a decline of 34% compared to the previous year. For the same year it recorded a net profit of ₹91.53 Lakh (net margin 1.6%) and EBITDA of ₹4.49 Cr (EBITDA margin 7.7%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 15% over five years.
The company has about 35 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹79.3 Cr and satisfied charges of ₹104.6 Cr on record. Court records list 24 cases involving the company, including 8 filed by the company and 16 filed against it; 7 cases are pending. The company has 8 deals on record (7 secondary share transfers, 1 funding round), with disclosed funding of ₹50 Lakh; the latest was in November 2018. The company has 8 MSME Form 1 returns on record between 2019 and 2023, listing 257 overdue payments to 87 micro and small suppliers.
SP Sai IT Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-28-0026702). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nx-one.com.
Company details
CIN U72900DL2008PTC176808
Registration Number 176808
Incorporation Date 16 April 2008
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-UP-28-0026702
Recognitions & Rankings of SP Sai IT
Contact details
SP Sai IT Private Limited's registered office is in New Delhi, Delhi. Its website is nx-one.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA – 115 Office No 301 Old No – 51 Third Floor Gali No 1 Vakil Chamber Sha, Karpur, New Delhi, Delhi, India – 110092
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of SP Sai IT Private Limited, buy the company report.
Comprehensive company report
SP Sai IT 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 SP Sai IT is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of SP Sai IT Private Limited, buy the company report.
Financials of SP Sai IT Private Limited
FY 2025 filings availableSP Sai IT Private Limited reported revenue of ₹58.7 Cr (down 34% YoY) for FY 2025.
Revenue · FY 2025
₹58.7 Cr ▼ 34%
Net profit · FY 2025
₹91.53 Lakh margin 1.6%
EBITDA · FY 2025
₹4.49 Cr margin 7.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 34%
3 years · compounded
▼ 22%
5 years · compounded
▼ 15%
EBITDA CAGR growth
1 year
▼ 49%
3 years · compounded
▼ 20%
5 years · compounded
▼ 17%
Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 34% fall in the latest year. EBITDA fell 49% 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 | ₹4.49 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹91.53 Lakh | ||||
| 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 | 7.7% | ||||
| Net Profit Margin | 1.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of SP Sai IT Private Limited, buy the company report.
Board of directors of SP Sai IT Private Limited
SP Sai IT has 4 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devesh Kr Singh Also directs: Nxmart Services LLP, Astrea Facility Private Limited, Realsmith Infrasolutions LLP and 5 more | Director | 02 Apr 2014 | 12 Years 6 Months | Current |
| Abhimanyu Singh Also directs: Nxmart Services LLP, Astrea Facility Private Limited, Realsmith Infrasolutions LLP and 5 more | Director | 02 Apr 2014 | 12 Years 6 Months | Current |
| Himanshu Singh Also directs: Nxmart Services LLP, Astrea Facility Private Limited, Realsmith Infrasolutions LLP and 4 more | Director | 03 Jan 2019 | 7 Years 9 Months | Current |
| Arvind Kumar Singh | Director | 02 Apr 2014 | 12 Years 6 Months | Current |
Auditor
SP Sai IT Private Limited is audited by Ajay Kanjhlia & for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ajay Kanjhlia & | FY 2023 | 007719N |
Shareholding
The shareholding of SP Sai IT 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 SP Sai IT Private Limited, buy the company report.
Charges & borrowings
Open charges
₹79.3 Cr
Satisfied charges
₹104.6 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Aug 2025 | 101146894 | Others | ₹74.5 Cr | Open | |
| 11 Oct 2023 | 100802416 | Axis Bank Limited | ₹44 Lakh | Open | |
| 05 Oct 2023 | 100822433 | Hdfc Bank Limited | ₹10.06 Lakh | Open | |
| 05 Jun 2023 | 100755983 | Hdfc Bank Limited | ₹60.57 Lakh | Open | |
| 27 Apr 2023 | 100725168 | Axis Bank Limited | ₹2.5 Cr | Open |
To see the full charge records of SP Sai IT Private Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
SP Sai IT Private Limited has 8 deals on record (7 secondary share transfers, 1 funding round), with disclosed funding of ₹50 Lakh; the latest was in November 2018.
Total deals
8
Secondary share transfers
7
Funding round
1
Disclosed funding
₹50 Lakh
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Dec 2014 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Sep 2012 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Subhlabh Tradecomm Private Limited |
| Mar 2012 | Funding round | ₹50 Lakh | Investors: Subhlabh Tradecomm Private Limited |
To see the full deal history of SP Sai IT 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
SP Sai IT Private Limited has 24 court cases on record: 8 filed by SP Sai IT, 16 filed against it. 7 cases are pending and 17 are disposed.
Total cases
24
Filed by the company
8
Filed against the company
16
Pending
7
Disposed
17
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 13 | 6 | 2 |
| District courts | 11 | 10 | 5 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Arbitration matter | Filed against the company by PVR Inox Limited | Disposed |
| High Court of Delhi | Arbitration matter | Filed against the company by Ishvakoo (India) Pvt. Ltd. | Disposed |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed against the company by Ishvakoo (India) Pvt. Ltd. | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State of U.P. | Pending |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Interim or miscellaneous application | Filed against the company by an individual | Pending |
To see the full case history of SP Sai IT 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
SP Sai IT Private Limited was last rated by Care on 31 Jan 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 31 Jan 2023 |
To see the full credit ratings and regulatory alerts of SP Sai IT Private Limited, buy the company report.
MSME payment delays
SP Sai IT Private Limited has 8 MSME Form 1 returns on record between 2019 and 2023, listing 257 overdue payments to 87 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 87)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ambashakti Udyog Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Aqua World |
To see the full MSME payment records of SP Sai IT Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
SP Sai IT Private Limited has a workforce of 35 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
35
Active EPFO establishments
1
Employee growth
-37.5%
GST
SP Sai IT has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAPCS4269P1Z9 | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of SP Sai IT Private Limited, buy the company report.
Recent activity
SP Sai IT Private Limited has 20 board changes on record since 2008: 4 appointments and 16 cessations. The latest: Himanshu Singh ceased to be Additional Director on 30 Sep 2019.
AGM
Sp Sai It Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 7,450.00 Lakh registered on 27 Aug 2025 with Charge ID 101146894 was modified on 30 Aug 2025.
Charges
A charge with Others amounted to Rs. 7,450.00 Lakh with Charge ID 101146894 was registered on 27 Aug 2025.
Filing
Sp Sai It Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Charges
A charge registered on 13 Jun 2022 via Charge ID 100584896 with Idbi Trusteeship Services Limited was fully satisfied on 10 Jun 2024.
Charges
A charge registered on 18 Aug 2021 via Charge ID 100471231 with Idbi Trusteeship Services Limited was fully satisfied on 16 Apr 2024.
Charges
A charge registered on 19 Jul 2018 via Charge ID 100209070 with Idbi Trusteeship Services Limited was fully satisfied on 06 Feb 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 44.00 Lakh with Charge ID 100802416 was registered on 11 Oct 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 10.06 Lakh with Charge ID 100822433 was registered on 05 Oct 2023.
Charges
A charge with Idbi Trusteeship Services Limited of Rs. 960.00 Lakh registered on 13 Jun 2022 with Charge ID 100584896 was modified on 27 Jun 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 60.57 Lakh with Charge ID 100755983 was registered on 05 Jun 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 250.00 Lakh with Charge ID 100725168 was registered on 27 Apr 2023.
30 earlier events are in the company report.
Frequently asked questions
SP Sai IT is an active private limited company based in New Delhi, Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 16 April 2008 (18+ years old) and is registered under CIN U72900DL2008PTC176808.
SP Sai IT has 4 current directors:
- Devesh Kr Singh - Director
- Abhimanyu Singh - Director
- Himanshu Singh - Director
- Arvind Kumar Singh - Director
The latest financial statements of SP Sai IT on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of SP Sai IT is 09AAPCS4269P1Z9, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of SP Sai IT is U72900DL2008PTC176808. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SP Sai IT has 24 court cases on record: 8 filed by the company and 16 filed against it. 7 are pending. Most are in the high courts.
SP Sai IT was incorporated on 16 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Delhi.
SP Sai IT has 8 deals on record (7 secondary share transfers, 1 funding round), with disclosed funding of ₹50 Lakh; the latest was in November 2018.
Himanshu Singh ceased to be Additional Director on 30 Sep 2019. Himanshu Singh was appointed as Director on 03 Jan 2019. Anil Kasana ceased to be Director on 02 May 2016. SP Sai IT has 20 board changes on record in total.
Yes, SP Sai IT is registered as a medium enterprise under Udyam registration (number: UDYAM-UP-28-0026702).
SP Sai IT has 8 MSME Form 1 returns on record between 2019 and 2023, listing 257 overdue payments to 87 micro and small suppliers. The latest return was filed on 29 Aug 2023.