Spaag Sales Private Limited
About Spaag Sales Private Limited
Data last updated:
Spaag Sales Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 21 March 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U51900MP2012PTC028028. Its GSTIN is 23AARCS3492E1Z5 (Madhya Pradesh).
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹4.57 Cr. It is led by directors Pratibha Gupta and Abhishek Gupta.
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 303 Sangeeta Apartment 66/67 Bhagwandeen Nagar, Indore, Madhya Pradesh, India – 452001.
Court records list 7 cases involving the company, including 7 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address303 Sangeeta Apartment 66/67 Bhagwandeen Nagar, Indore, Madhya Pradesh, India – 452001
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
- 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
Financials of Spaag Sales Private Limited FY 2025 filings available
Spaag Sales Private Limited reported revenue of ₹7,430 (down 89% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Spaag Sales Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 82% over five years, including a 89% fall 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 Spaag Sales 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 | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| 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 Spaag Sales Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Spaag Sales 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.
Board of Directors of Spaag Sales Private Limited
Spaag Sales has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pratibha Gupta | Director | 29 Aug 2015 | 11 Years 1 Months | Current |
| Abhishek Gupta | Director | 21 Mar 2012 | 14 Years 7 Months | Current |
Peer Comparison of Spaag Sales Private Limited
Spaag Sales Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Amarnath Diamonds Private Limited | ₹8,200 (FY 2025) | •••• | •••• | -100.0% | •••• | Mumbai, Maharashtra, India |
| L K Jewellers Private Limited | ₹7,800 (FY 2022) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Dhruvansh Gems and Jewels Private Limited | ₹7,767 (FY 2021) | •••• | •••• | •••• | Delhi, India | |
| Erario Jewels Private Limited | ₹7,746 (FY 2021) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Karnawat Impex Private Limited | ₹7,500 (FY 2023) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Spaag Sales Private Limited this company | ₹7,430 (FY 2025) | •••• | •••• | -89.0% | •••• | Indore, Madhya Pradesh, India |
| RSVP Developers Private Limited | ₹6,800 (FY 2025) | •••• | •••• | 5.0% | •••• | New Delhi, Delhi, India |
| J R T Jewellery Private Limited | ₹6,700 (FY 2024) | •••• | •••• | -12.0% | •••• | Mumbai, Maharashtra, India |
| Shivbalaji Management Pvt Ltd | ₹6,580 (FY 2023) | •••• | •••• | -99.0% | •••• | Kolkata, West Bengal, India |
| Mehra Bhai Private Limited | ₹6,500 (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Atlas Jewellery India Limited Listed | ₹6,417 (FY 2024) | •••• | •••• | -100.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Spaag Sales by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Spaag Sales Private Limited
Spaag Sales Private Limited is audited by SUBHASH CHAND JAIN ANURAG & ASSOCIATES for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SUBHASH CHAND JAIN ANURAG & 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.
Ownership and Shareholding of Spaag Sales 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 Spaag Sales Private Limited
Spaag Sales Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Spaag Sales Private Limited
Spaag Sales Private Limited has 7 court cases on record: 7 filed against it. 5 cases are pending and 2 are disposed. Status as checked between 01 Oct 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 4 |
| High courts | 3 | 3 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Orra Fine Jewellery Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Orra Fine Jewellery Private Limited | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Orra Fine Jewellery Private Limited | Pending |
| Bombay High Court | Commercial suit | Filed against the company by Orra Fine Jewellery Private Limited | Disposed |
| Bombay High Court | Court case (LPETN) | Filed against the company by Orra Fine Jewellery Private Limited | Disposed |
Full case history
All 7 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.
Employees and EPFO Compliance at Spaag Sales Private Limited
Employment history and EPFO contributions of people linked to Spaag Sales.
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.
Recent Activity on Spaag Sales Private Limited
Spaag Sales Private Limited has 5 board changes on record since 2012: 2 appointments and 3 cessations. The latest: Manu Shrivastava ceased to be Director on 10 Oct 2015.
Credit Ratings, Litigation & Regulatory Alerts for Spaag Sales 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 Spaag Sales 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 Spaag Sales 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 Spaag Sales Private Limited
Spaag Sales has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AARCS3492E1Z5 | Madhya Pradesh | Active | 01 Jul 2017 |
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 Spaag Sales 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 Spaag Sales Private Limited
Spaag Sales is an active private limited company based in Indore, Madhya Pradesh, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 21 March 2012 (14+ years old) and is registered under CIN U51900MP2012PTC028028.
Spaag Sales has 2 current directors:
- Pratibha Gupta - Director
- Abhishek Gupta - Director
The GSTIN of Spaag Sales is 23AARCS3492E1Z5, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Spaag Sales is U51900MP2012PTC028028. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spaag Sales has 7 court cases on record: 7 filed against it. 5 are pending. Most are in the district courts.
Spaag Sales was incorporated on 21 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Spaag Sales by revenue are Amarnath Diamonds Private Limited, L K Jewellers Private Limited, Dhruvansh Gems and Jewels Private Limited, Erario Jewels Private Limited, Karnawat Impex Private Limited and 5 more, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution).
Manu Shrivastava ceased to be Director on 10 Oct 2015. Aditya Gupta ceased to be Director on 03 Oct 2015. Pratibha Gupta ceased to be Additional Director on 30 Sep 2015. Spaag Sales has 5 board changes on record in total.
The registered office of Spaag Sales is at 303 Sangeeta Apartment 6667 Bhagwandeen Nagar, Indore, Madhya Pradesh, India – 452001.
Spaag Sales has an authorised share capital of ₹7 Cr and a paid-up capital of ₹4.57 Cr.
Spaag Sales operates in the consumer goods industry, in the jewelry and gemstone retail and distribution segment.