Spanco Business Solutions Private Limited

Spanco Business Solutions Private Limited - trading in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U51909KA2021PTC150293 Incorporated 04 August 2021 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company trading MSME · Micro
Data last updated
Revenue · FY 2023
₹13.59 Lakh
▲ 26% YoY
Net loss · FY 2023
₹12.48 Lakh
Net margin -91.8%
EBITDA · FY 2023
-₹9.71 Lakh
EBITDA margin -71.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Last financials
Mar 2023
Balance sheet date

About Spanco Business Solutions Private Limited

Data last updated:

Spanco Business Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the specialised services segment of the trading and commerce sector. It was incorporated on 04 August 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51909KA2021PTC150293.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sincy Kishore Kumar and Kochuthottam Remasan Jayesh.

Its last annual general meeting (AGM) was held on 10 January 2024, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No.167 Third Floor 37th Cross 28th Main 9th Block Jayanagar, Bangalore, Karnataka, India – 560041.

As per the financials filed for FY 2023, the company reported a revenue of ₹13.59 Lakh, a growth of 26% compared to the previous year. For the same year it recorded a net loss of ₹12.48 Lakh (net margin -91.8%) and EBITDA of -₹9.71 Lakh (EBITDA margin -71.5%).

Spanco Business Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-11-0003827).

Company details

CIN U51909KA2021PTC150293
Registration Number 150293
Incorporation Date 04 August 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 10 January 2024
Date of Balance Sheet 31 March 2023
MSME Classification Micro
Udyam Registration UDYAM-KL-11-0003827

Recognitions & Rankings of Spanco Business Solutions

MSME (Udyam registered) Ministry of MSME
Category
Micro (2021-22)
Udyam number
UDYAM-KL-11-0003827

Contact details

Spanco Business Solutions Private Limited's registered office is in Bangalore, Karnataka.

  • Registered Address
    No.167 Third Floor 37th Cross 28th Main 9th Block Jayanagar, Bangalore, Karnataka, India – 560041
  • Industry
    Trading, Specialty, Wholesale
Comprehensive company report
Spanco Business Solutions 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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Business activity

The main business activity of Spanco Business Solutions is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Spanco Business Solutions Private Limited, buy the company report.

Financials of Spanco Business Solutions Private Limited

FY 2023 filings available

Spanco Business Solutions Private Limited reported revenue of ₹13.59 Lakh (up 26% YoY) for FY 2023.

Revenue · FY 2023
₹13.59 Lakh ▲ 26%
Net loss · FY 2023
₹12.48 Lakh margin -91.8%
EBITDA · FY 2023
-₹9.71 Lakh margin -71.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 26%

Revenue rose 26% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2022-23FY 2021-22
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-₹9.71 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹12.48 Lakh
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 2022-23FY 2021-22
Profitability
EBITDA Margin-71.5%
Net Profit Margin-91.8%
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 Spanco Business Solutions Private Limited, buy the company report.

Board of directors of Spanco Business Solutions Private Limited

Spanco Business Solutions has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Sincy Kishore KumarDirector04 Aug 20215 Years 2 MonthsCurrent
Kochuthottam Remasan JayeshDirector04 Aug 20215 Years 2 MonthsCurrent

Peer comparison

Spanco Business Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Admix Healthcare Private Limited₹13.6 Lakh (FY 2022)95.0%Lucknow, Uttar Pradesh, India
Sandsz Entrepreneur Private Limited₹13.6 Lakh (FY 2025)-38.0%Lucknow, Uttar Pradesh, India
Runicha Merchants Private Limited₹13.6 Lakh (FY 2025)-73.0%Kolkata, West Bengal, India
Linkpoint Shoppers Private Limited₹13.59 Lakh (FY 2025)4.0%Kolkata, West Bengal, India
Mennis India Private Limited₹13.59 Lakh (FY 2023)74.0%Delhi, India
Spanco Business Solutions Private Limitedthis company₹13.59 Lakh (FY 2023)-₹12.48 Lakh-91.8%26.0%Bangalore, Karnataka, India
Aadi Info Solutions Private Limited₹13.59 Lakh (FY 2022)69.0%Delhi, India
Swayansu Enterprises Private Limited₹13.59 Lakh (FY 2017)Bhubaneswar, Odisha, India
Dagadusheth Saraf & Sons Private Limited₹13.59 Lakh (FY 2018)Phaltan, Maharashtra, India
Bringwell Pharma Private Limited₹13.59 Lakh (FY 2023)344.0%Ghaziabad, Uttar Pradesh, India
Iyi Brothers Private Limited₹13.59 Lakh (FY 2024)7.0%Aurangabad, Maharashtra, India

To see the full peer comparison of Spanco Business Solutions Private Limited, buy the company report.

MSME payment delays

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

GST

No GST registration is on our record for Spanco Business Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Spanco Business Solutions Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Kochuthottam Remasan Jayesh was appointed as Director on 04 Aug 2021.

AGM
Spanco Business Solutions Private Limited last Annual general meeting of members was held on 10 Jan 2024 as per latest MCA records.
Filing
Spanco Business Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Appointed
Kochuthottam Remasan Jayesh was appointed as Director.
Appointed
Sincy Kishore Kumar was appointed as Director.
Incorporation
04 Aug 2021
Spanco Business Solutions Private Limited was registered on 04 Aug 2021 with Roc Bangalore & aged 5 years 2 months as per MCA records.

Frequently asked questions

Spanco Business Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in specialty, within the trading industry. It was incorporated on 04 August 2021 (5+ years old) and is registered under CIN U51909KA2021PTC150293.

Spanco Business Solutions has 2 current directors:

The latest financial statements of Spanco Business Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 10 January 2024. Year-wise statements from FY 2022 are in the company report.

The CIN (Corporate Identification Number) of Spanco Business Solutions is U51909KA2021PTC150293. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Spanco Business Solutions was incorporated on 04 August 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Spanco Business Solutions by revenue are Admix Healthcare Private Limited, Sandsz Entrepreneur Private Limited, Runicha Merchants Private Limited, Linkpoint Shoppers Private Limited, Mennis India Private Limited and 5 more, all in the same principal business activity (wholesale trading).

Kochuthottam Remasan Jayesh was appointed as Director on 04 Aug 2021. Sincy Kishore Kumar was appointed as Director on 04 Aug 2021.

Yes, Spanco Business Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-11-0003827).

The registered office of Spanco Business Solutions is at No.167 Third Floor 37th Cross 28th Main 9th Block Jayanagar, Bangalore, Karnataka, India – 560041.

Spanco Business Solutions operates in the trading industry, in the specialty segment.

Spanco Business Solutions can be reached at its registered office: No.167 Third Floor 37th Cross 28th Main 9th Block Jayanagar, Bangalore, Karnataka, India – 560041.