Spandan Business Pvt Ltd
About Spandan Business Pvt Ltd
Data last updated:
Spandan Business Pvt Ltd is a private limited company based in Nagpur, Maharashtra, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 15 September 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70101MH1993PTC432110.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹95.05 Lakh. It is led by directors including Dilip Kumar Agarwal and Archana Bhaiyaji Yelne.
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 Nagpur, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.12 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.31 Cr (net margin 10%) and EBITDA of ₹2.97 Cr (EBITDA margin 12.8%). Revenue has grown at a compounded annual rate (CAGR) of 148% over three years and 58% over five years.
As per MCA filings, the company has open charges of ₹15.99 Lakh and satisfied charges of ₹9.25 Cr on record. Court records list 13 cases involving the company, including 12 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Spandan Business has one previous CIN (Corporate Identification Number): U70101WB1993PTC060120. The current CIN is U70101MH1993PTC432110, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70101MH1993PTC432110 | Current |
| U70101WB1993PTC060120 | Previous |
Contact details
Spandan Business Pvt Ltd's registered office is in Nagpur, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressP.No.61 Flat No.102/103 Jagdish, Apartment Garoba Maidan, Nagpur, Maharashtra, India – 440008
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Spandan Business Pvt Ltd, 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 Spandan Business 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 Spandan Business Pvt Ltd, buy the company report.
Financials of Spandan Business Pvt Ltd
FY 2025 filings availableSpandan Business Pvt Ltd reported revenue of ₹23.12 Cr (up 301% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 58% over five years, including 301% growth in the latest year. EBITDA rose 59% 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 | ₹2.97 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.31 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 | 12.8% | ||||
| Net Profit Margin | 10% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Spandan Business Pvt Ltd, buy the company report.
Board of directors of Spandan Business Pvt Ltd
Spandan Business has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dilip Kumar Agarwal Also directs: Chandni Vinimay LLP | Director | 30 Dec 2008 | 17 Years 10 Months | Current |
| Archana Bhaiyaji Yelne | Director | 20 Nov 2003 | 22 Years 11 Months | Current |
| Ramprasad Rambilas Agrawal Also directs: Meera Natural Resources LLP, R R Business Private Limited, Foot Comfort (India) Pvt Ltd and 1 more | Director | 13 May 2021 | 5 Years 5 Months | Current |
Peer comparison
Spandan Business Pvt Ltd is compared with the 4 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), 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 |
|---|---|---|---|---|---|---|
| Arc Finance Ltd | ₹23.3 Cr (FY 2025) | 152.0% | Kolkata, West Bengal, India | |||
| Kiddy Plast Limited | ₹23.28 Cr (FY 2025) | 344.0% | Mumbai, Maharashtra, India | |||
| Zen Fincorp Private Limited | ₹23.19 Cr (FY 2024) | 18.0% | Ahmedabad, Gujarat, India | |||
| Moon Star Securities Trading and Finance Company Private Limited | ₹23.14 Cr (FY 2024) | -45.0% | New Delhi, Delhi, India | |||
| Spandan Business Pvt Ltdthis company | ₹23.12 Cr (FY 2025) | ₹2.31 Cr | 10% | 301.0% | Nagpur, Maharashtra, India |
To see the full peer comparison of Spandan Business Pvt Ltd, buy the company report.
Auditor
Spandan Business Pvt Ltd is audited by P.D.Rungta & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.D.Rungta & Co. | FY 2023 | 001150C |
Shareholding
The shareholding of Spandan Business Pvt Ltd 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 Spandan Business Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Feb 2025 | 101055653 | Others | ₹15.99 Lakh | Open | |
| 25 Apr 2011 | 10291302 | The Saraswat Co - Operative Bank Limited | ₹9.25 Cr | Satisfied |
To see the full charge records of Spandan Business Pvt Ltd, buy the company report.
Total charge records: 2 View all charges
Legal cases
Spandan Business Pvt Ltd has 13 court cases on record: 12 filed by Spandan Business, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 0 | 0 |
| District courts | 3 | 1 | 0 |
| Supreme Court | 2 | 0 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case | Filed by the company against an individual | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against individuals | Disposed |
| Supreme Court | Court case (1807-Ordinary Civil Matters : Others) | Filed by the company against individuals | Disposed |
| High Court, West Bengal | Writ petition | Filed by the company against Union of India and Ors. | Disposed |
| High Court, MAHARASHTRA | Court case (CAA) | Filed by the company against an individual | Disposed |
To see the full case history of Spandan Business Pvt Ltd, 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 Spandan Business Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Spandan Business has 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Spandan Business Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Spandan Business Pvt Ltd has 6 board changes on record since 2003: 3 appointments and 3 cessations. The latest: Ramprasad Rambilas Agrawal was appointed as Director on 13 May 2021.
Frequently asked questions
Spandan Business is an active private limited company based in Nagpur, Maharashtra, India. The company works in nbfc, within the financial services industry. It was incorporated on 15 September 1993 (33+ years old) and is registered under CIN U70101MH1993PTC432110.
Spandan Business has 3 current directors:
- Dilip Kumar Agarwal - Director
- Archana Bhaiyaji Yelne - Director
- Ramprasad Rambilas Agrawal - Director
The latest financial statements of Spandan Business 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.
The CIN (Corporate Identification Number) of Spandan Business is U70101MH1993PTC432110. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spandan Business has 13 court cases on record: 12 filed by the company and 1 filed against it. Most are in the high courts.
Spandan Business was incorporated on 15 September 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Spandan Business by revenue are Arc Finance Ltd, Kiddy Plast Limited, Zen Fincorp Private Limited, Moon Star Securities Trading and Finance Company Private Limited, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Ramprasad Rambilas Agrawal was appointed as Director on 13 May 2021. Neeraj Parmeshwarlal Chandgothia ceased to be Director on 14 Apr 2012. Nirajkumar Parmeshwar Chandgothia ceased to be Director on 14 Apr 2012. Spandan Business has 6 board changes on record in total.
The registered office of Spandan Business is at P.No.61 Flat No.102103 Jagdish, Apartment Garoba Maidan, Nagpur, Maharashtra, India – 440008.
Spandan Business operates in the financial services industry, in the nbfc segment.
Spandan Business has open charges of ₹15.99 Lakh and satisfied charges of ₹9.25 Cr as per latest MCA filings.
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