MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-UK-05-0012932
Spade Projects Private Limited
Spade Projects Private Limited - real estate and construction in Dehradun, Uttarakhand, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹26.86 Cr
▼ 59% YoY
Net profit · FY 2025
₹11.25 Lakh
Net margin 0.4%
EBITDA · FY 2025
₹1.29 Cr
EBITDA margin 4.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹182 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Employees · EPFO
50
Provident fund records
About Spade Projects Private Limited
Data last updated:
Spade Projects Private Limited is a private limited company based in Dehradun, Uttarakhand, India, a subsidiary of Spade Ventures Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 23 February 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Uttarakhand, under CIN U70109UR2018PTC008488. Its GSTIN is 05AAGCV2988P1ZH (Uttarakhand).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Vandag Developers and Infrastructure Private Limited. It is led by directors Sugandh Windlass Rastogi and Pranav Rastogi.
Its last annual general meeting (AGM) was held on 30 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at NH – 72 Kuanwala Haridwar Bypass Road, Dehradun, Uttarakhand, India – 248005.
As per the financials filed for FY 2025, the company reported a revenue of ₹26.86 Cr, a decline of 59% compared to the previous year. For the same year it recorded a net profit of ₹11.25 Lakh (net margin 0.4%) and EBITDA of ₹1.29 Cr (EBITDA margin 4.8%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 52% over five years.
The company has about 50 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹182 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Spade Projects Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-UK-05-0012932). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U70109UR2018PTC008488
Registration Number 008488
Incorporation Date 23 February 2018
ROC Uttarakhand
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 August 2025
Date of Balance Sheet 31 March 2025
Parent Company Spade Ventures Private Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-UK-05-0012932
Recognitions & Rankings of Spade Projects
Contact details
Spade Projects Private Limited's registered office is in Dehradun, Uttarakhand. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNH – 72 Kuanwala Haridwar Bypass Road, Dehradun, Uttarakhand, India – 248005
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Spade Projects Private Limited, buy the company report.
Comprehensive company report
Spade Projects 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 Spade Projects is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Spade Projects Private Limited, buy the company report.
Financials of Spade Projects Private Limited
FY 2025 filings availableSpade Projects Private Limited reported revenue of ₹26.86 Cr (down 59% YoY) for FY 2025.
Revenue · FY 2025
₹26.86 Cr ▼ 59%
Net profit · FY 2025
₹11.25 Lakh margin 0.4%
EBITDA · FY 2025
₹1.29 Cr margin 4.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 59%
3 years · compounded
▼ 21%
5 years · compounded
▲ 52%
EBITDA CAGR growth
1 year
▼ 69%
3 years · compounded
▼ 9%
5 years · compounded
▲ 96%
Revenue fell 59% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 52%. EBITDA fell 69% 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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| Total Expenses | |||||
| EBITDA | ₹1.29 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.25 Lakh | ||||
| 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 | 4.8% | ||||
| Net Profit Margin | 0.4% | ||||
| 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 Spade Projects Private Limited, buy the company report.
Board of directors of Spade Projects Private Limited
Spade Projects has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sugandh Windlass Rastogi Also directs: Spade Creative Living LLP, Spade Care LLP, Spade Work Industries Private Limited and 5 more | Director | 23 Feb 2018 | 8 Years 8 Months | Current |
| Pranav Rastogi | Director | 23 Feb 2018 | 8 Years 8 Months | Current |
Peer comparison
Spade Projects Private Limited is compared with the 5 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Brahma Realty Private Limited | ₹26.88 Cr (FY 2025) | 235.0% | New Delhi, Delhi, India | |||
| Rna Corp Private Limited | ₹26.87 Cr (FY 2017) | 8.0% | Mumbai, Maharashtra, India | |||
| Nani S Buildcon Private Limited | ₹26.87 Cr (FY 2025) | 10.0% | Nagpur, Maharashtra, India | |||
| Spade Projects Private Limitedthis company | ₹26.86 Cr (FY 2025) | ₹11.25 Lakh | 0.4% | -59.0% | 50 | Dehradun, Uttarakhand, India |
| Asian Townsville Farms Private Limited | ₹26.83 Cr (FY 2025) | 39.0% | New Delhi, Delhi, India | |||
| Acquest Estates Private Limited | ₹26.81 Cr (FY 2025) | 418.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Spade Projects Private Limited, buy the company report.
Auditor
Spade Projects Private Limited is audited by GARG KAKKAR & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GARG KAKKAR & CO | FY 2023 | 25712C |
Shareholding
The shareholding of Spade Projects Private 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Spade Projects Private Limited, buy the company report.
Charges & borrowings
Open charges
₹182 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Sep 2025 | 101186160 | Idbi Trusteeship Services Limited | ₹182 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Spade Projects Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Vikas Scaffolding Pvt Ltd | Disposed |
To see the full case history of Spade Projects 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
Spade Projects Private Limited has 6 MSME Form 1 returns on record between 2021 and 2023, listing 36 overdue payments to 23 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 23)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Polygon Chemicals Private Limited | |||
| Vishtech Power Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Spade Projects Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Spade Projects Private Limited has a workforce of 50 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
50
Active EPFO establishments
1
Employee growth
-12.28%
GST
Spade Projects has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 05AAGCV2988P1ZH | Uttarakhand | Active | 03 Apr 2018 |
To see the full GST registrations and return filing status of Spade Projects Private Limited, buy the company report.
Recent activity
Spade Projects Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Pranav Rastogi was appointed as Director on 23 Feb 2018.
Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 18,200.00 Lakh with Charge ID 101186160 was registered on 10 Sep 2025.
AGM
Spade Projects Private Limited last Annual general meeting of members was held on 30 Aug 2025 as per latest MCA records.
Filing
Spade Projects Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Uttarakhand.
Appointed
Pranav Rastogi was appointed as Director.
Appointed
Sugandh Windlass Rastogi was appointed as Director.
Incorporation
23 Feb 2018
Spade Projects Private Limited was registered on 23 Feb 2018 with Roc Uttarakhand & aged 8 years 8 months as per MCA records.
Frequently asked questions
Spade Projects is an active private limited company based in Dehradun, Uttarakhand, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 23 February 2018 (8+ years old) and is registered under CIN U70109UR2018PTC008488.
Spade Projects has 2 current directors:
- Sugandh Windlass Rastogi - Director
- Pranav Rastogi - Director
The latest financial statements of Spade Projects on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 August 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Spade Projects is 05AAGCV2988P1ZH, registered in Uttarakhand.
The CIN (Corporate Identification Number) of Spade Projects is U70109UR2018PTC008488. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spade Projects has 1 court case on record: 1 filed against it.
Spade Projects was incorporated on 23 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Uttarakhand.
The peers of Spade Projects by revenue are Brahma Realty Private Limited, Rna Corp Private Limited, Nani S Buildcon Private Limited, Asian Townsville Farms Private Limited, Acquest Estates Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Pranav Rastogi was appointed as Director on 23 Feb 2018. Sugandh Windlass Rastogi was appointed as Director on 23 Feb 2018.
Yes, Spade Projects is registered as a medium enterprise under Udyam registration (number: UDYAM-UK-05-0012932).
Spade Projects has 6 MSME Form 1 returns on record between 2021 and 2023, listing 36 overdue payments to 23 micro and small suppliers. The latest return was filed on 08 Nov 2023.
The registered office of Spade Projects is at NH – 72 Kuanwala Haridwar Bypass Road, Dehradun, Uttarakhand, India – 248005.