Spa Capital Advisors Limited - Company Profile

Q: Who are the current directors of Spa Capital Advisors Limited?

The current directors of Spa Capital Advisors Limited are Kanav Parwal, Sandeep Parwal, Abhishek Jhawar, Honey Parwal.

It is a financial services public limited company based in New Delhi, Delhi, India, established in 1999.

1999 New Delhi, Delhi, India Active

Last Updated: February 17, 2026

About Spa Capital Advisors Limited

Spa Capital Advisors Limited, a active public limited company, was established on 01 December 1999 in New Delhi, Delhi, India. Engaging in diversified financial services within the financial and insurance service sector, it holds CIN: U99999DL1999PLC102626. Registered under ROC Roc Delhi Ii. it is unlisted. It has an authorized capital of ₹3.00 Cr and a paid-up capital of ₹3.72 Cr.

Formerly known as Millenium Financial Advisory Ltd, Indo Hoisery Exports Private Limited. It upholds a compliant status. Employing 9 professional, Its leadership includes Kanav Parwal (Director), Sandeep Parwal (Director), Abhishek Jhawar (Director). Past directors included Ashish Kumar, Kamal Kishore Somani, Namburi Kumaraswamy. It holds ₹25.12 Cr open charges and ₹15.40 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 25 C-Block Community Centrejanak Puri, New Delhi, Delhi, 110058.

Company Details

CIN/LLPIN
U99999DL1999PLC102626
Registration Number
102626
Incorporation Date
01 December 1999
Authorized Capital
₹3.00 Cr
Paid-Up Capital
₹3.72 Cr
ROC Code
Roc Delhi Ii
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 3.00 Cr as on 17-02-2026
Paid Up Capital ₹ 3.72 Cr as on 17-02-2026
Company Age 26 Year, 2 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 25.12 Cr as on 17-02-2026
Satisfied Charges ₹ 15.40 Cr as on 17-02-2026
Revenue Growth **** 124.01% (FY 2023)
Profit Growth **** -31.89% (FY 2023)
Ebitda **** -1281.06% (FY 2023)
Net Worth 1.70% (FY 2023)
Total Assets -24.06% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Spa Capital Advisors Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Spa Capital Advisors Limited?

Current Directors

Name	Designation	Appointment Date	Status
Kanav Parwal	Director	27 Apr 2022	Current
Sandeep Parwal	Director	13 Sep 2003	Current
Abhishek Jhawar	Director	15 Dec 2022	Current
Honey Parwal	Director	03 Dec 2018	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Company Secretary	28 Feb 2018	Past
Pramod Abcsdd	Director	29 Aug 2019	Past
Pramod Abcsdd	Director	29 Aug 2019	Past
Pramod Abcsdd	Company Secretary	23 Apr 2019	Past
Pramod Abcsdd	Additional Director	30 Sep 2022	Past
Pramod Abcsdd	Additional Director	28 Dec 2018	Past

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Financial Performance of Spa Capital Advisors.

Spa Capital Advisors Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 124.01% increase. The company also saw a substantial fall in profitability, with a 31.89% decrease in profit. The company's net worth moved up by a moderate rise of 1.7%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

124.01%

*******

Revenue from Operations

*******

-2.52%

*******

Total Assets

*******

-24.06%

*******

Profit or Loss

*******

-31.89%

*******

Net Worth

*******

1.70%

*******

EBITDA

*******

-1281.06%

*******

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What is the Ownership and Shareholding Structure of Spa Capital Advisors?

In 2023, Spa Capital Advisors had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹251,248,000.00

Satisfied Charges

₹154,000,000.00

Charges Breakdown by Lending Institutions

Lakshmi Vilas Bank Limited : 25.00 Cr
Kotak Mahindra Prime Limited : 0.12 Cr

Latest Charge Details

Date	Lender	Amount	Status
30 Jun 2015	Kotak Mahindra Prime Limited	₹1.25 M	Open
28 Jan 2015	Lakshmi Vilas Bank Limited	₹25.00 Cr	Open
18 Mar 2015	Ifci Venture Capital Funds Limited	₹14.25 Cr	Satisfied
18 Oct 2014	Hdfc Bank Limited	₹0.50 M	Satisfied
08 Jun 2012	Punjab National Bank	₹1.10 Cr	Satisfied

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How Many Employees Work at Spa Capital Advisors?

Spa Capital Advisors has a workforce of 9 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Spa Capital Advisors, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Spa Capital Advisors's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Spa Capital Advisors

Recent Activity within the Organization

Annual General Meeting

Progress on Spa Capital Advisors Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.
30 Sep 2025
Balance Sheet

The activity Spa Capital Advisors Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi Ii. was completed.
31 Mar 2025
Director Appointment

The activity Abhishek Jhawar was appointed as a Director was appointed as a Director on 15 Dec 2022 & has been associated with this company since 3 years 2 months . was completed.
15 Dec 2022
Director Appointment

Progress on Kanav Parwal was appointed as a Director was appointed as a Director on 27 Apr 2022 & has been associated with this company since 3 years 9 months . was documented.
27 Apr 2022
Charges

The activity A charge registered on 18 Oct 2014 via Charge ID 10583473 with Hdfc Bank Limited was fully satisfied on 19 Mar 2021. was completed.
19 Mar 2021
Charges

The activity A charge with Lakshmi Vilas Bank Limited of Rs. 25.00 Cr registered on 28 Jan 2015 with Charge ID 10549891 was modified on 02 Apr 2019. was completed.
02 Apr 2019

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