
About Spanen India Venture Private Limited
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Spanen India Venture Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the chemical products or preparations of a kind used in the textiles segment of the chemicals sector. It was incorporated on 20 December 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24297KA2022PTC169246. Its GSTIN is 29ABKCS0007M1Z4 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹10,000. It is led by directors including Illath Veettil Sujith and Kana Veettil Snehajan.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹29 Lakh. For the same year it recorded a net loss of ₹27.08 Lakh (net margin -93.4%) and EBITDA of -₹25.44 Lakh (EBITDA margin -87.7%).
The company is associated with 1 brand: Spanen.
Spanen India Venture Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-11-0035441). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spanen.in.
Company details
Recognitions & Rankings of Spanen India Venture
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-KR-11-0035441
Contact details
Spanen India Venture Private Limited's registered office is in Bangalore, Karnataka.
- Registered AddressNo 198 2nd Floor Cmh Road, Indiranagar 2nd Stage, Bangalore, Karnataka, India – 560038
- IndustryChemicals, Chemical Products Or Preparations Of A Kind Used In The Textiles, Manufacturing, Other Chemical Product
- 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 Spanen India Venture is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Spanen India Venture Private Limited, buy the company report.
Financials of Spanen India Venture Private Limited
FY 2024 filings availableSpanen India Venture Private Limited reported revenue of ₹29 Lakh for FY 2024.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 |
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| EBITDA | -₹25.44 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹27.08 Lakh | |
| Balance Sheet | ||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -87.7% | |
| Net Profit Margin | -93.4% | |
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To see the full financial statements and ratios of Spanen India Venture Private Limited, buy the company report.
Board of directors of Spanen India Venture Private Limited
Spanen India Venture has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Illath Veettil Sujith | Director | 20 Dec 2022 | 3 Years 10 Months | Current |
| Kana Veettil Snehajan | Director | 20 Dec 2022 | 3 Years 10 Months | Current |
| Shanoj Ambika Krishnan | Director | 20 Dec 2022 | 3 Years 10 Months | Current |
| Nandakumar Madathil Koliyatt Also directs: Integral Books Private Limited, V G K Trading Private Limited | Director | 20 Dec 2022 | 3 Years 10 Months | Current |
| Alfin Thankachan | Additional Director | 13 Sep 2024 | 2 Years 1 Months | Current |
Peer comparison
Spanen India Venture Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mama Marmograni Private Limited | ₹29.09 Lakh (FY 2024) | -62.0% | Rajsamand, Rajasthan, India | |||
| Lebotek India Private Limited | ₹29.08 Lakh (FY 2024) | -88.0% | Chennai, Tamil Nadu, India | |||
| Systonic India Private Limited | ₹29.07 Lakh (FY 2024) | 25.0% | Derabassi, Punjab, India | |||
| VMP Auto Fastners Private Limited | ₹29.06 Lakh (FY 2023) | -22.0% | Pune, Maharashtra, India | |||
| Praveen Agrawal Jewellers Private Limited | ₹29.05 Lakh (FY 2025) | 6.0% | Jaipur, Rajasthan, India | |||
| Spanen India Venture Private Limitedthis company | ₹29 Lakh (FY 2024) | -₹27.08 Lakh | -93.4% | Bangalore, Karnataka, India | ||
| Rimpa Jewellery Heaven Private Limited | ₹28.96 Lakh (FY 2025) | -78.0% | Howrah, West Bengal, India | |||
| Angira Granites Private Limited | ₹28.94 Lakh (FY 2025) | Nagpur, Maharashtra, India | ||||
| Aura Jewellery Private Limited | ₹28.89 Lakh (FY 2025) | 1.0% | Mumbai, Maharashtra, India | |||
| Cosmodermago Private Limited | ₹28.83 Lakh (FY 2025) | 310.0% | Delhi, India | |||
| Bansal Info Graphics India Private Limited | ₹28.81 Lakh (FY 2025) | -14.0% | Punjab, India |
To see the full peer comparison of Spanen India Venture Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Spanen India Venture Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Spanen India Venture Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Spanen India Venture has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABKCS0007M1Z4 | Karnataka | Active | 06 Mar 2023 |
To see the full GST registrations and return filing status of Spanen India Venture Private Limited, buy the company report.
Recent activity
Spanen India Venture Private Limited has 5 board changes on record since 2022: 5 appointments. The latest: Alfin Thankachan was appointed as Additional Director on 13 Sep 2024.
Frequently asked questions
Spanen India Venture is an active private limited company based in Bangalore, Karnataka, India. The company works in chemical products or preparations of a kind used in the textiles, within the chemicals industry. It was incorporated on 20 December 2022 (4+ years old) and is registered under CIN U24297KA2022PTC169246.
Spanen India Venture has 5 current directors:
- Illath Veettil Sujith - Director
- Kana Veettil Snehajan - Director
- Shanoj Ambika Krishnan - Director
- Nandakumar Madathil Koliyatt - Director
- Alfin Thankachan - Additional Director
The latest financial statements of Spanen India Venture on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2023 are in the company report.
The GSTIN of Spanen India Venture is 29ABKCS0007M1Z4, registered in Karnataka.
The CIN (Corporate Identification Number) of Spanen India Venture is U24297KA2022PTC169246. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spanen India Venture was incorporated on 20 December 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Spanen India Venture by revenue are Mama Marmograni Private Limited, Lebotek India Private Limited, Systonic India Private Limited, VMP Auto Fastners Private Limited, Praveen Agrawal Jewellers Private Limited and 5 more, all in the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Alfin Thankachan was appointed as Additional Director on 13 Sep 2024. Illath Veettil Sujith was appointed as Director on 20 Dec 2022. Kana Veettil Snehajan was appointed as Director on 20 Dec 2022. Spanen India Venture has 5 board changes on record in total.
Yes, Spanen India Venture is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Spanen India Venture is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-11-0035441).
Spanen India Venture can be reached through the website spanen.in. Its registered office is in Bangalore, Karnataka, India.

