About Spade Financial Services Limited
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Spade Financial Services Limited is a public limited company based in New Delhi, Delhi, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 21 October 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1994PLC062298. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹2.33 Cr. It is led by directors including Renu Anand and Aditya Anand.
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 K – 24 Jangpura Extn., New Delhi, Delhi, India – 110014.
As per the financials filed for FY 2025, the company reported a revenue of ₹25.29 Cr, a decline of 51% compared to the previous year. For the same year it recorded a net profit of ₹17.71 Cr (net margin 70%) and EBITDA of ₹17.94 Cr (EBITDA margin 70.9%). Revenue has grown at a compounded annual rate (CAGR) of 74% over three years and 39% over five years.
Its group structure includes 3 subsidiaries.
Court records list 14 cases involving the company, including 10 filed by the company and 4 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spadefinancial.com.
Company details
CIN history
Spade Financial Services has one previous CIN (Corporate Identification Number): L74899DL1994PLC062298. The current CIN is U74899DL1994PLC062298, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899DL1994PLC062298 | Current |
| L74899DL1994PLC062298 | Previous |
Contact details
Spade Financial Services Limited's registered office is in New Delhi, Delhi. Its website is spadefinancial.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressK – 24 Jangpura Extn., New Delhi, Delhi, India – 110014
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Spade Financial Services 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 Spade Financial Services is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Spade Financial Services Limited, buy the company report.
Financials of Spade Financial Services Limited
FY 2025 filings availableSpade Financial Services Limited reported revenue of ₹25.29 Cr (down 51% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 51% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 39%. EBITDA rose 197% 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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| EBITDA | ₹17.94 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹17.71 Cr | ||||
| 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 | 70.9% | ||||
| Net Profit Margin | 70% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Spade Financial Services Limited, buy the company report.
Board of directors of Spade Financial Services Limited
Spade Financial Services has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Renu Anand Also directs: Raaga Realtech Private Limited | Director | 01 Jul 1998 | 28 Years 4 Months | Current |
| Aditya Anand Also directs: Raaga Realtech Private Limited | Director | 21 May 2018 | 8 Years 5 Months | Current |
| Tripti Saini | Director | 01 Oct 2024 | 2 Years 1 Months | Current |
Peer comparison
Spade Financial Services Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Broking Services), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Laurel Securities Pvt. Ltd. | ₹25.59 Cr (FY 2024) | 23.0% | Kolkata, West Bengal, India | |||
| Spade Financial Services Limitedthis company | ₹25.29 Cr (FY 2025) | ₹17.71 Cr | 70% | -51.0% | New Delhi, Delhi, India | |
| Patni Financial Advisors Private Limited | ₹25.23 Cr (FY 2024) | 87.0% | Mumbai, Maharashtra, India | |||
| Ploutos Quant Research Capital Private Limited | ₹25 Cr (FY 2025) | 1.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Spade Financial Services Limited, buy the company report.
Auditor
Spade Financial Services Limited is audited by A. PURI & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A. PURI & ASSOCIATES | FY 2022 | 092953 |
Shareholding
The shareholding of Spade Financial Services Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Spade Financial Services Limited, buy the company report.
Legal cases
Spade Financial Services Limited has 14 court cases on record: 10 filed by Spade Financial Services, 4 filed against it. 4 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 1 | 3 |
| Supreme Court | 5 | 2 | 0 |
| High courts | 2 | 0 | 0 |
| NCLAT | 2 | 1 | 1 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed by the company against Akme Projects Ltd and 4 others | Pending |
| Supreme Court | Court case (2808-Mercantile Laws, Commercial Transactions Including Banking : Others) | Filed by the company against Akme Projects Limited Through Its Resolution Professional Jalesh Kumar Grover H.Gh 40, Sector 20 ,Panchkula * , Haryana and 2 others | Disposed |
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed against the company by Phoenix Arc Private Limited Thru Authorised Rep Ajitkewin Head Resolution Trustee for Phoenix Trust Fy 16-15, at 5Th Floor, Dani Corp Park, 158, CST Road, Kalina , Santa Cruz East ,Mumbai , Maharashtra | Disposed |
| District court, South East, Delhi | Appeal | Filed against the company by Joint Investment Private Limited | Disposed |
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed by the company against Akme Projects Limited THR. Resolution Professional (RP) Jalesh Grover Sco 818, 2Nd Floor, Nac Manimajra , District: . ,Chandigarh , Chandigarh and 4 others | Disposed |
To see the full case history of Spade Financial Services 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 Spade Financial Services Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Spade Financial Services has 3 subsidiary companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Connectindia Digital Private Limited | U51900DL2011PTC225955 | |
| Raaga Realtech Private Limited | U70100DL2011PTC216440 | |
| AAA Landmark Private Limited | U70109DL2011PTC220299 |
To see the full group structure of Spade Financial Services Limited, buy the company report.
GST
Spade Financial Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Spade Financial Services Limited, buy the company report.
Recent activity
Spade Financial Services Limited has 10 board changes on record since 1998: 3 appointments and 7 cessations. The latest: Tripti Saini was appointed as Director on 01 Oct 2024.
1 earlier event is in the company report.
Frequently asked questions
Spade Financial Services is an active public limited company based in New Delhi, Delhi, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 21 October 1994 (32+ years old) and is registered under CIN U74899DL1994PLC062298.
Spade Financial Services has 3 current directors:
- Renu Anand - Director
- Aditya Anand - Director
- Tripti Saini - Director
The latest financial statements of Spade Financial Services 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.
No. Spade Financial Services has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Spade Financial Services is U74899DL1994PLC062298. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spade Financial Services has 14 court cases on record: 10 filed by the company and 4 filed against it. 4 are pending. Most are in the district courts.
Spade Financial Services was incorporated on 21 October 1994, making it 32+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Spade Financial Services by revenue are Laurel Securities Pvt. Ltd, Patni Financial Advisors Private Limited, Ploutos Quant Research Capital Private Limited, all in the BFSI industry (Broking Services), with the same principal business activity (other financial activities).
Tripti Saini was appointed as Director on 01 Oct 2024. Gayatree Anand ceased to be Director on 29 Sep 2018. Poonam Kapur ceased to be Additional Director on 29 Sep 2018. Spade Financial Services has 10 board changes on record in total.
Spade Financial Services can be reached through the website spadefinancial.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Spade Financial Services is at K – 24 Jangpura Extn., New Delhi, Delhi, India – 110014.
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