Spac Terminal Market Complex Limited
About Spac Terminal Market Complex Limited
Data last updated:
Spac Terminal Market Complex Limited is a public limited company based in Erode, Tamil Nadu, India, a subsidiary of P&C Projects Private Limited. It operates in the cold storage and warehousing services segment of the transport and logistics sector. It was incorporated on 23 December 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U74900TZ2010PLC016625. Its GSTIN is 33AAPCS1757E2Z9 (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹4.34 Cr. It was formerly known as Spac Terminal Markets Complex Limited. It is led by directors including Semur Palanisamy Chinnasamy (Managing Director) and Arulsundaram Nithya.
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 P & C Towers II Floor 140 Perundurai Road, Erode, Tamil Nadu, India – 638011.
As per the financials filed for FY 2024, the company reported a revenue of ₹80.84 Lakh, a growth of 30% compared to the previous year. For the same year it recorded a net loss of ₹9.83 Lakh (net margin -12.2%) and EBITDA of ₹18.18 Lakh (EBITDA margin 22.5%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 4% over five years.
As per MCA filings, the company has satisfied charges of ₹116.3 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Spac Terminal Market Complex Limited's registered office is in Erode, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressP & C Towers II Floor 140 Perundurai Road, Erode, Tamil Nadu, India – 638011
- IndustryTransport and Logistics, Cold Storage & Warehousing Services
To see the full contact details of Spac Terminal Market Complex Limited, buy the company report.
- 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
Business activity
The main business activity of Spac Terminal Market Complex is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Spac Terminal Market Complex Limited, buy the company report.
Financials of Spac Terminal Market Complex Limited
FY 2024 filings availableSpac Terminal Market Complex Limited reported revenue of ₹80.84 Lakh (up 30% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 30% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA fell 42% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹18.18 Lakh | ||||
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| Net Profit (PAT) | -₹9.83 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 22.5% | ||||
| Net Profit Margin | -12.2% | ||||
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To see the full financial statements and ratios of Spac Terminal Market Complex Limited, buy the company report.
Board of directors of Spac Terminal Market Complex Limited
Spac Terminal Market Complex has 6 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arulsundaram Nithya | Director | 21 Nov 2011 | 14 Years 11 Months | Current |
| Semoor Chinnasamy Sivakumar | Director | 01 Jan 2013 | 13 Years 10 Months | Current |
| Keerthi Shankar Also directs: P & C Realty Promoters Private Limited, Sixp Realty Private Limited, Sixp Promoters Private Limited and 5 more | Director | 01 Jan 2013 | 13 Years 10 Months | Current |
| Semur Palanisamy Chinnasamy Also directs: P & C Adyar Water Projects Private Limited, P & C Realty Promoters Private Limited, P&C Projects Private Limited and 2 more | Managing Director | 23 Dec 2010 | 15 Years 10 Months | Current |
| Semoor Rajesh Periasamy Also directs: P & C Realty Promoters Private Limited, P&C Projects Private Limited, Nirara Shelters LLP and 5 more | Director | 01 Jan 2013 | 13 Years 10 Months | Current |
| Semur Periyasamy Ravishankar Also directs: P & C Realty Promoters Private Limited, P&C Projects Private Limited, Nirara Shelters LLP and 5 more | Director | 21 Nov 2011 | 14 Years 11 Months | Current |
Auditor
Spac Terminal Market Complex Limited is audited by M RAVEENDARAN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M RAVEENDARAN | FY 2023 | 204134 |
Shareholding
The shareholding of Spac Terminal Market Complex 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 2021 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Spac Terminal Market Complex Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Sep 2012 | 10376715 | State Bank of India | ₹85.8 Cr | Satisfied | |
| 24 Aug 2011 | 10310235 | Indian Overseas Bank | ₹30.5 Cr | Satisfied |
To see the full charge records of Spac Terminal Market Complex Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Spac Terminal Market Complex Limited has 2 court cases on record: 2 filed by Spac Terminal Market Complex. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against State Industrial Promotion Corporation and 1 other | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against State Industrial Promotion Corporation and 1 other | Disposed |
To see the full case history of Spac Terminal Market Complex 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 Terminal Market Complex Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Spac Terminal Market Complex has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAPCS1757E2Z9 | Tamil Nadu | Active | 21 Dec 2018 |
To see the full GST registrations and return filing status of Spac Terminal Market Complex Limited, buy the company report.
Recent activity
Spac Terminal Market Complex Limited has 15 board changes on record since 2010: 6 appointments and 9 cessations. The latest: Semur Palanisamy Gounder Periasamy ceased to be Director on 01 Sep 2019.
11 earlier events are in the company report.
Frequently asked questions
Spac Terminal Market Complex is an active public limited company based in Erode, Tamil Nadu, India. The company works in cold storage and warehousing services, within the transport and logistics industry. It was incorporated on 23 December 2010 (16+ years old) and is registered under CIN U74900TZ2010PLC016625.
Spac Terminal Market Complex has 6 current directors:
- Semur Palanisamy Chinnasamy - Managing Director
- Arulsundaram Nithya - Director
- Semoor Chinnasamy Sivakumar - Director
- Keerthi Shankar - Director
- Semoor Rajesh Periasamy - Director
- Semur Periyasamy Ravishankar - Director
The latest financial statements of Spac Terminal Market Complex 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 Spac Terminal Market Complex is 33AAPCS1757E2Z9, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Spac Terminal Market Complex is U74900TZ2010PLC016625. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spac Terminal Market Complex has 2 court cases on record: 2 filed by the company.
Spac Terminal Market Complex was incorporated on 23 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Coimbatore.
Semur Palanisamy Gounder Periasamy ceased to be Director on 01 Sep 2019. Keerthi Shankar ceased to be Additional Director on 05 Sep 2013. Semoor Chinnasamy Sivakumar ceased to be Additional Director on 05 Sep 2013. Spac Terminal Market Complex has 15 board changes on record in total.
The registered office of Spac Terminal Market Complex is at P & C Towers II Floor 140 Perundurai Road, Erode, Tamil Nadu, India – 638011.
Spac Terminal Market Complex operates in the transport and logistics industry, in the cold storage and warehousing services segment.
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