About Spaneos Software Solutions Private Limited
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Spaneos Software Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 29 January 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2013PTC067672. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹82.32 Lakh. It is led by directors including Somashekar Chamarajanagar Mahesh (Managing Director) and Venkatesh Chamarajanagar Somashekhar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2020, the company reported a revenue of ₹10.93 Lakh, a decline of 87% compared to the previous year. For the same year it recorded a net loss of ₹1.57 Cr and EBITDA of ₹9.51 Lakh (EBITDA margin 87%). Revenue has declined at a compounded annual rate (CAGR) of 66% over three years and 39% over five years.
The company has about 58 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Spaneous. As per MCA filings, the company has satisfied charges of ₹1.5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spaneos.com.
Company details
Contact details
Spaneos Software Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is spaneos.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address#4011 And 4012 80 Feet Road Dr. Muthu Raj Road IV Phase Girinagar Banashankari III St, Age, Bangalore, Karnataka, India – 560085
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Spaneos Software Solutions Private Limited, 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
Brands
Spaneos Software Solutions operates one associated brand: Spaneous. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides services for custom software development and data analysis. | spaneos.com |
Business activity
The main business activity of Spaneos Software Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Spaneos Software Solutions Private Limited, buy the company report.
Financials of Spaneos Software Solutions Private Limited
FY 2020 filings availableSpaneos Software Solutions Private Limited reported revenue of ₹10.93 Lakh (down 87% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 39% over five years, including a 87% fall in the latest year. EBITDA fell 85% 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
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| EBITDA | ₹9.51 Lakh | ||||
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| Net Profit (PAT) | -₹1.57 Cr | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA Margin | 87% | ||||
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To see the full financial statements and ratios of Spaneos Software Solutions Private Limited, buy the company report.
Board of directors of Spaneos Software Solutions Private Limited
Spaneos Software Solutions has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkatesh Chamarajanagar Somashekhar Also directs: Heraizen Technologies Private Limited | Whole-Time Director | 29 Jan 2013 | 13 Years 8 Months | Current |
| Somashekar Chamarajanagar Mahesh Also directs: Heraizen Technologies Private Limited | Managing Director | 29 Jan 2013 | 13 Years 8 Months | Current |
| Pradeep Kumar Manjunatha Also directs: Heraizen Technologies Private Limited, Sumukha Tech Academy LLP, Aspirepro Academy LLP and 2 more | Whole-Time Director | 29 Jan 2013 | 13 Years 8 Months | Current |
| Urva Kiranmayee Also directs: Heraizen Technologies Private Limited | Whole-Time Director | 29 Jan 2013 | 13 Years 8 Months | Current |
Peer comparison
Spaneos Software Solutions Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| KFT Consulting Private Limited | ₹10.95 Lakh (FY 2022) | Secunderabad, Telangana, India | ||||
| Technirman IT Solutions Private Limited | ₹10.95 Lakh (FY 2024) | -73.0% | Bangalore, Karnataka, India | |||
| Ls3 Security Consultants Private Limited | ₹10.95 Lakh (FY 2024) | 543.0% | Bangalore, Karnataka, India | |||
| Subrahmanyam Ananthalakshmi Info Technology Private Limited | ₹10.93 Lakh (FY 2022) | -78.0% | Rajahmundry, Andhra Pradesh, India | |||
| Vidorra Consulting Private Limited | ₹10.93 Lakh (FY 2025) | -50.0% | Raipur, Chhattisgarh, India | |||
| Spaneos Software Solutions Private Limitedthis company | ₹10.93 Lakh (FY 2020) | -₹1.57 Cr | -87.0% | 58 | Bangalore, Karnataka, India | |
| Aais Square Solution Private Limited | ₹10.93 Lakh (FY 2025) | 473.0% | Noida, Uttar Pradesh, India | |||
| Innopath Software India Private Limited | ₹10.93 Lakh (FY 2017) | -77.0% | Mumbai, Maharashtra, India | |||
| Einfach Business Analytics Private Limited | ₹10.93 Lakh (FY 2025) | 9.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Spaneos Software Solutions Private Limited, buy the company report.
Auditor
Spaneos Software Solutions Private Limited is audited by T MURALI & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T MURALI & CO | FY 2018 | 002175S |
Shareholding
The shareholding of Spaneos Software Solutions Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
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| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Spaneos Software Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Oct 2015 | 10609367 | State Bank of India | ₹1.5 Cr | Satisfied |
To see the full charge records of Spaneos Software Solutions Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Spaneos Software Solutions 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 Spaneos Software Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Spaneos Software Solutions Private Limited has a workforce of 58 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Spaneos Software Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Spaneos Software Solutions Private Limited, buy the company report.
Recent activity
Spaneos Software Solutions Private Limited has 7 board changes on record since 2013: 4 appointments and 3 cessations. The latest: Basanthkumar Mallur Gurappa ceased to be Whole-Time Director on 28 Sep 2015.
Frequently asked questions
Spaneos Software Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 29 January 2013 (13+ years old) and is registered under CIN U72200KA2013PTC067672.
Spaneos Software Solutions has 4 current directors:
- Somashekar Chamarajanagar Mahesh - Managing Director
- Venkatesh Chamarajanagar Somashekhar - Whole-Time Director
- Pradeep Kumar Manjunatha - Whole-Time Director
- Urva Kiranmayee - Whole-Time Director
The latest financial statements of Spaneos Software Solutions on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
No. Spaneos Software Solutions has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Spaneos Software Solutions is U72200KA2013PTC067672. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spaneos Software Solutions was incorporated on 29 January 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Spaneos Software Solutions by revenue are KFT Consulting Private Limited, Technirman IT Solutions Private Limited, Ls3 Security Consultants Private Limited, Subrahmanyam Ananthalakshmi Info Technology Private Limited, Vidorra Consulting Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).
Basanthkumar Mallur Gurappa ceased to be Whole-Time Director on 28 Sep 2015. Madhukar Akkihebbal Govindiah ceased to be Whole-Time Director on 28 Sep 2015. Aswathanarayana Mysore Subramanyam ceased to be Director on 25 Feb 2013. Spaneos Software Solutions has 7 board changes on record in total.
Spaneos Software Solutions can be reached through the website spaneos.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Spaneos Software Solutions is at #4011 And 4012 80 Feet Road Dr. Muthu Raj Road IV Phase Girinagar Banashankari III St, Age, Bangalore, Karnataka, India – 560085.
Spaneos Software Solutions operates in the information technology industry, in the application development and software solutions segment.