Spak Surfactants Private Limited

Spak Surfactants Private Limited - chemicals and materials in Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN U24233MH2011PTC223698 Incorporated 08 November 2011 ROC Mumbai HQ Mumbai, Maharashtra, India
Merged Private Limited Company chemicals and materials
Data last updated
Revenue · FY 2022
₹89.02 Cr
▲ 23% YoY
Net profit · FY 2022
₹5.56 Cr
Net margin 6.2%
EBITDA · FY 2022
₹9.17 Cr
EBITDA margin 10.3%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹4 Cr
Issued & subscribed
Satisfied charges
₹17.78 Cr
No open charges
Company age
15 yrs
Est. 2011
Employees · EPFO
31
Provident fund records

About Spak Surfactants Private Limited

Data last updated:

Spak Surfactants Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Spak Orgochem (India) Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the surfactants and detergents segment of the chemicals and materials sector. It was incorporated on 08 November 2011.

The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U24233MH2011PTC223698. Its GSTIN is 27AAQCS6265C1Z1 (Maharashtra).

The company had an authorised share capital of ₹4 Cr and a paid-up capital of ₹4 Cr. It was led by directors including Ameya Arun Jogalekar and Arun Jogalekar Ramchandra.

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 was at Mumbai, Maharashtra.

As per the financials filed for FY 2022, the company reported a revenue of ₹89.02 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹5.56 Cr (net margin 6.2%) and EBITDA of ₹9.17 Cr (EBITDA margin 10.3%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 46% over five years.

The company had about 31 employees on its provident fund (EPFO) records before it was dissolved.

The company was associated with 1 brand: Spak Orgochem. As per MCA filings, the company had satisfied charges of ₹17.78 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company. The company has 5 deals on record (2 rights issues, 2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹3.54 Cr; the latest was in December 2020. Its 8 peer companies in the Chemicals industry (Surfactants), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 4 larger and 4 smaller; the largest is Srinivasa Surfactants Private Limited with revenue of ₹128.29 Cr.

The last known website on record is spakorgochem.in.

Company details

CIN U24233MH2011PTC223698
Registration Number 223698
Incorporation Date 08 November 2011
ROC Mumbai
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Parent Company Spak Orgochem (India) Private Limited
Compliance Status Active Compliant

Contact details

Spak Surfactants Private Limited's registered office is in Mumbai, Maharashtra. Its website is spakorgochem.in. Its e-mail address is in the company report.

  • Email
  • Social Media
  • Registered Address
    1004/1005 'A' Wing Damji Shamji Corporate Square Off Ghatkopar – Andheri Link Road Ghatkop, Ar (East), Mumbai, Maharashtra, India – 400075
  • Industry
    Chemicals and Materials, Surfactants & Detergents

To see the full contact details of Spak Surfactants Private Limited, buy the company report.

Comprehensive company report
Spak Surfactants 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
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Brands

Spak Surfactants operates one associated brand: Spak Orgochem. Each brand links to its own profile.

BrandDescriptionWebsite
Manufactures and supplies high-performance specialty chemicals for industrial applications worldwide.spakorgochem.in

Business activity

The main business activity of Spak Surfactants is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products

To see the full business activity and turnover split of Spak Surfactants Private Limited, buy the company report.

Financials of Spak Surfactants Private Limited

FY 2022 filings available

Spak Surfactants Private Limited reported revenue of ₹89.02 Cr (up 23% YoY) for FY 2022.

Revenue · FY 2022
₹89.02 Cr ▲ 23%
Net profit · FY 2022
₹5.56 Cr margin 6.2%
EBITDA · FY 2022
₹9.17 Cr margin 10.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 23%
3 years · compounded
▲ 16%
5 years · compounded
▲ 46%
EBITDA CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 7%
5 years · compounded
▲ 283%

Revenue has grown at a compounded annual rate (CAGR) of 46% over five years, including 23% growth in the latest year. EBITDA rose 3% 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
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₹9.17 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹5.56 Cr
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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin10.3%
Net Profit Margin6.2%
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

To see the full financial statements and ratios of Spak Surfactants Private Limited, buy the company report.

Board of directors of Spak Surfactants Private Limited

Spak Surfactants has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Ameya Arun JogalekarDirector08 Nov 201114 Years 11 MonthsAs last reported
Arun Jogalekar RamchandraDirector08 Nov 201114 Years 11 MonthsAs last reported
Avinash Mukund ParanjapeDirector24 Mar 201511 Years 7 MonthsAs last reported
Gowree Ashish GokhaleDirector07 Oct 20215 Years 0 MonthsAs last reported

Peer comparison

Spak Surfactants Private Limited is compared with the 8 companies closest to it by revenue in the Chemicals industry (Surfactants), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Srinivasa Surfactants Private Limited₹128.29 Cr (FY 2025)-22.0%Chennai, Tamil Nadu, India
Mohini Organics Private Limited₹124.98 Cr (FY 2025)-3.0%Mumbai, Maharashtra, India
M N Surfactants Private Limited₹110.92 Cr (FY 2025)-30.0%Pune, Maharashtra, India
Saibaba Surfactants Private Limited₹91.8 Cr (FY 2025)15.0%Ahmedabad, Gujarat, India
Spak Surfactants Private Limitedthis company₹89.02 Cr (FY 2022)₹5.56 Cr6.2%23.0%31Mumbai, Maharashtra, India
Raghav Surfactants Private Limited₹54.91 Cr (FY 2025)0.0%Kanpur, Uttar Pradesh, India
Pandian Surfactants Private Limited₹45.5 Cr (FY 2025)-13.0%Chennai, Tamil Nadu, India
Radha Krishna Surfactants Private Limited₹44.29 Cr (FY 2024)30.0%Silvassa, Dadra and Nagar Haveli, India
Omni Impex Private Limited₹41.29 Cr (FY 2025)-2.0%Maharashtra, India

To see the full peer comparison of Spak Surfactants Private Limited, buy the company report.

Auditor

Spak Surfactants Private Limited is audited by SINGAVI OTURKAR & KELKAR for the financial year 2021.

Auditor firmFinancial yearFirm registration number
SINGAVI OTURKAR & KELKARFY 2021110265W

Shareholding

The shareholding of Spak Surfactants Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Spak Surfactants Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹17.78 Cr
Breakdown by lending institutions
Syndicate Bank₹8.93 Cr
Others₹7.50 Cr
Canara Bank₹1.35 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
16 Jul 2020100367105Canara Bank₹1.35 CrSatisfied
06 Dec 2016100074093Others₹7.5 CrSatisfied
04 Apr 2016100022814Syndicate Bank₹8.93 CrSatisfied

To see the full charge records of Spak Surfactants Private Limited, buy the company report.

Total charge records: 3 View all charges

Deals & funding

Spak Surfactants Private Limited has 5 deals on record (2 rights issues, 2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹3.54 Cr; the latest was in December 2020.

Total deals
5
Rights issues
2
Funding rounds
2
Secondary share transfer
1
Disclosed funding
₹3.54 Cr

Deals on record (4 of 5)

WhenDealAmountParties
Dec 2020Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 2 individuals
Jul 2015Rights issue₹94.2 LakhInvestors: Spak Orgochem (I) Private Limited
Oct 2014Rights issue₹40.8 LakhInvestors: Spak Orgochem (I) Private Limited
Mar 2014Funding round₹54 LakhInvestors: 4 individuals

To see the full deal history of Spak Surfactants Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Spak Surfactants Private Limited was last rated by Crisil on 23 Dec 2020.

Rating agencyRated onRating
Crisil23 Dec 2020

To see the full credit ratings and regulatory alerts of Spak Surfactants Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Spak Surfactants Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Spak Surfactants Private Limited has a workforce of 31 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
31
Active EPFO establishments
1
Employee growth
-8.82%

GST

Spak Surfactants has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAQCS6265C1Z1MaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Spak Surfactants Private Limited, buy the company report.

Recent activity

Spak Surfactants Private Limited has 7 board changes on record since 2011: 4 appointments and 3 cessations. The latest: Gowree Ashish Gokhale ceased to be Additional Director on 30 Nov 2021.

AGM
Spak Surfactants Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Charges
A charge registered on 06 Dec 2016 via Charge ID 100074093 with Others was fully satisfied on 26 Apr 2022.
Filing
Spak Surfactants Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai.
Charges
A charge registered on 04 Apr 2016 via Charge ID 100022814 with Syndicate Bank was fully satisfied on 04 Jan 2022.
Charges
A charge registered on 16 Jul 2020 via Charge ID 100367105 with Canara Bank was fully satisfied on 01 Jan 2022.
Ceased
Gowree Ashish Gokhale ceased to be Additional Director.
Appointed
Gowree Ashish Gokhale was appointed as Director.
Charges
A charge with Canara Bank amounted to Rs. 1.35 Cr with Charge ID 100367105 was registered on 16 Jul 2020.
Charges
A charge with Others of Rs. 7.50 Cr registered on 06 Dec 2016 with Charge ID 100074093 was modified on 31 Dec 2019.
Charges
A charge with Others amounted to Rs. 7.50 Cr with Charge ID 100074093 was registered on 06 Dec 2016.
Charges
A charge with Syndicate Bank amounted to Rs. 8.93 Cr with Charge ID 100022814 was registered on 04 Apr 2016.
Ceased
Avinash Mukund Paranjape ceased to be Additional Director.

5 earlier events are in the company report.

Frequently asked questions

Spak Surfactants has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Spak Surfactants was a private limited company based in Mumbai, Maharashtra, India. The company worked in surfactants and detergents, within the chemicals and materials industry. It was incorporated on 08 November 2011 and is registered under CIN U24233MH2011PTC223698. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Spak Surfactants was incorporated on 08 November 2011. It is registered with the Registrar of Companies, Mumbai.

Spak Surfactants had 4 directors:

The CIN (Corporate Identification Number) of Spak Surfactants is U24233MH2011PTC223698. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Spak Surfactants is at 10041005 A Wing Damji Shamji Corporate Square Off Ghatkopar – Andheri Link Road Ghatkop, Ar East, Mumbai, Maharashtra, India – 400075.

Spak Surfactants can be reached through the website spakorgochem.in. Its registered office is in Mumbai, Maharashtra, India.

The latest financial statements of Spak Surfactants 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 Spak Surfactants is 27AAQCS6265C1Z1, registered in Maharashtra.

Spak Surfactants operated in the chemicals and materials industry, in the surfactants and detergents segment.

Spak Surfactants has 5 deals on record (2 rights issues, 2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹3.54 Cr; the latest was in December 2020.