MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-02-0023973
Spac Power Engineering India Private Limited - engineering in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹10 Cr
▲ 123% YoY
Net profit · FY 2022
₹18.83 Lakh
Net margin 1.9%
EBITDA · FY 2022
₹71.68 Lakh
EBITDA margin 7.2%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Open charges
₹4.48 Cr
Satisfied ₹6.59 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
35
Provident fund records
About Spac Power Engineering India Private Limited
Data last updated:
Spac Power Engineering India Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the procurement and construction (epc) segment of the engineering sector. It was incorporated on 09 October 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U31909TN2006PTC061283. Its GSTIN is 33AAKCS2644B1ZP (Tamil Nadu).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹25 Lakh. It is led by directors Praveen Miranda (Managing Director) and Shifa Miranda.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at No. 1451 Second Floor Garden Avenue Thiruvalluvar Nagar Mogappair, Chennai, Tamil Nadu, India – 600037.
As per the financials filed for FY 2022, the company reported a revenue of ₹10 Cr, a growth of 123% compared to the previous year. For the same year it recorded a net profit of ₹18.83 Lakh (net margin 1.9%) and EBITDA of ₹71.68 Lakh (EBITDA margin 7.2%). Revenue has grown at a compounded annual rate (CAGR) of 54% over three years and 6% 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 ₹4.48 Cr and satisfied charges of ₹6.59 Cr on record. Court records list 13 cases involving the company, including 2 filed by the company and 11 filed against it; 1 case is pending.
Spac Power Engineering India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0023973). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spacpower.com.
Company details
CIN U31909TN2006PTC061283
Registration Number 061283
Incorporation Date 09 October 2006
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-02-0023973
Recognitions & Rankings of Spac Power Engineering India
Contact details
Spac Power Engineering India Private Limited's registered office is in Chennai, Tamil Nadu. Its website is spacpower.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 1451 Second Floor Garden Avenue Thiruvalluvar Nagar Mogappair, Chennai, Tamil Nadu, India – 600037
- IndustryEngineering, Procurement & Construction (EPC), Engineering
To see the full contact details of Spac Power Engineering India Private Limited, buy the company report.
Comprehensive company report
Spac Power Engineering India 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Spac Power Engineering India is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities | |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Spac Power Engineering India Private Limited, buy the company report.
Financials of Spac Power Engineering India Private Limited
FY 2022 filings availableSpac Power Engineering India Private Limited reported revenue of ₹10 Cr (up 123% YoY) for FY 2022.
Revenue · FY 2022
₹10 Cr ▲ 123%
Net profit · FY 2022
₹18.83 Lakh margin 1.9%
EBITDA · FY 2022
₹71.68 Lakh margin 7.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 123%
3 years · compounded
▲ 54%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 90%
3 years · compounded
▲ 13%
5 years · compounded
▲ 8%
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 123% growth in the latest year. EBITDA rose 90% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Total Expenses | |||||
| EBITDA | ₹71.68 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹18.83 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.2% | ||||
| Net Profit Margin | 1.9% | ||||
| 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 Spac Power Engineering India Private Limited, buy the company report.
Board of directors of Spac Power Engineering India Private Limited
Spac Power Engineering India has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Praveen Miranda | Managing Director | 09 Oct 2006 | 20 Years 0 Months | Current |
| Shifa Miranda | Director | 30 Jul 2009 | 17 Years 2 Months | Current |
Shareholding
The shareholding of Spac Power Engineering India Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Spac Power Engineering India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.48 Cr
Satisfied charges
₹6.59 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Apr 2021 | 100449716 | Others | ₹4.48 Cr | Open | |
| 18 Dec 2018 | 100233470 | Others | ₹3.95 Cr | Satisfied | |
| 27 Sep 2012 | 10384150 | Axis Bank Limited | ₹2.33 Cr | Satisfied | |
| 31 Jul 2009 | 10171769 | Bank of India | ₹30 Lakh | Satisfied |
To see the full charge records of Spac Power Engineering India Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Spac Power Engineering India Private Limited has 13 court cases on record: 2 filed by Spac Power Engineering India, 11 filed against it. 1 case is pending and 12 are disposed.
Total cases
13
Filed by the company
2
Filed against the company
11
Pending
1
Disposed
12
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 7 | 0 |
| District courts | 4 | 4 | 1 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Hella Infra Market Retail Pvt Ltd Hrough Sushant Sham Mahadik | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ugro Capital Limited | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by M/S. Bluskies Engineering Private Ltd M/S.Govind Chandrasekhar, Harikrishnan R,K.Sharath Chandran | Disposed |
| High Court, TAMIL NADU | Original application | Filed against the company by M/S.Lvk Properties Private Limited | Disposed |
| High Court, TAMIL NADU | Arbitration matter | Filed against the company by M/S LVK Properties Private Limited, Rep.By Its Managing Director, Mr.L.V.Karthikeyan, | Disposed |
To see the full case history of Spac Power Engineering 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
No delayed payments to MSME suppliers are on our record for Spac Power Engineering India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Spac Power Engineering India Private Limited has a workforce of 35 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
35
Active EPFO establishments
1
Employee growth
2.94%
GST
Spac Power Engineering India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAKCS2644B1ZP | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Spac Power Engineering India Private Limited, buy the company report.
Recent activity
Spac Power Engineering India Private Limited has 8 board changes on record since 2006: 2 appointments and 6 cessations. The latest: Rengasamy Saravanakumar ceased to be Additional Director on 29 Sep 2018.
AGM
Spac Power Engineering India Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Spac Power Engineering India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Chennai.
Charges
A charge registered on 18 Dec 2018 via Charge ID 100233470 with Others was fully satisfied on 01 Jun 2021.
Charges
A charge with Others amounted to Rs. 4.48 Cr with Charge ID 100449716 was registered on 29 Apr 2021.
Charges
A charge with Others of Rs. 3.95 Cr registered on 18 Dec 2018 with Charge ID 100233470 was modified on 30 Dec 2020.
Charges
A charge registered on 27 Sep 2012 via Charge ID 10384150 with Axis Bank Limited was fully satisfied on 08 Jan 2019.
Charges
A charge with Others amounted to Rs. 3.95 Cr with Charge ID 100233470 was registered on 18 Dec 2018.
Ceased
Rengasamy Saravanakumar ceased to be Additional Director.
Ceased
Meenakshi Sundaram Karthikeyan ceased to be Director.
Ceased
Seeva Durmoo ceased to be Director.
Charges
A charge with Axis Bank Limited of Rs. 2.33 Cr registered on 27 Sep 2012 with Charge ID 10384150 was modified on 01 Oct 2015.
Charges
A charge registered on 31 Jul 2009 via Charge ID 10171769 with Bank Of India was fully satisfied on 06 Oct 2012.
8 earlier events are in the company report.
Frequently asked questions
Spac Power Engineering India is an active private limited company based in Chennai, Tamil Nadu, India. The company works in procurement and construction (epc), within the engineering industry. It was incorporated on 09 October 2006 (20+ years old) and is registered under CIN U31909TN2006PTC061283.
Spac Power Engineering India has 2 current directors:
- Praveen Miranda - Managing Director
- Shifa Miranda - Director
The latest financial statements of Spac Power Engineering India on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Spac Power Engineering India is 33AAKCS2644B1ZP, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Spac Power Engineering India is U31909TN2006PTC061283. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spac Power Engineering India has 13 court cases on record: 2 filed by the company and 11 filed against it. 1 is pending. Most are in the high courts.
Spac Power Engineering India was incorporated on 09 October 2006, making it 20+ years old. It is registered with the Registrar of Companies, Chennai.
Rengasamy Saravanakumar ceased to be Additional Director on 29 Sep 2018. Meenakshi Sundaram Karthikeyan ceased to be Director on 18 Dec 2017. Seeva Durmoo ceased to be Director on 18 Dec 2017. Spac Power Engineering India has 8 board changes on record in total.
Yes, Spac Power Engineering India is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0023973).
Spac Power Engineering India can be reached through the website spacpower.com. Its registered office is in Chennai, Tamil Nadu, India.