About Spangles International Limited
Data last updated:
Spangles International Limited is a public limited company based in New Delhi, Delhi, India. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 01 May 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51909DL1991PLC044176. Its GSTIN is 07AAACS9704Q1ZS (Delhi).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹92.52 Lakh. It is led by directors including Siddhartha Jain and Madhu Jain.
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 16 Sant Nagar East Of Kailash, New Delhi, Delhi, India – 110065.
As per the financials filed for FY 2025, the company reported a revenue of ₹25.99 Lakh, a growth of 27% compared to the previous year. For the same year it recorded a net loss of ₹45.57 Lakh (net margin -175.3%) and EBITDA of -₹45.54 Lakh (EBITDA margin -175.2%). Revenue has declined at a compounded annual rate (CAGR) of 26% over five years.
As per MCA filings, the company has open charges of ₹1.15 Cr and satisfied charges of ₹2 Cr on record. Court records list 7 cases involving the company, including 3 filed by the company and 4 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spangles.com.
Company details
Contact details
Spangles International Limited's registered office is in New Delhi, Delhi. Its website is spangles.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address16 Sant Nagar East Of Kailash, New Delhi, Delhi, India – 110065
- IndustryMetals and Minerals, Construction Materials Retail & Distribution
To see the full contact details of Spangles International 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
Business activity
The main business activity of Spangles International is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Spangles International Limited, buy the company report.
Financials of Spangles International Limited
FY 2025 filings availableSpangles International Limited reported revenue of ₹25.99 Lakh (up 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 27% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 26%. 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 |
|---|---|---|---|---|---|
| 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 | -₹45.54 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹45.57 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -175.2% | ||||
| Net Profit Margin | -175.3% | ||||
| 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 Spangles International Limited, buy the company report.
Board of directors of Spangles International Limited
Spangles International has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siddhartha Jain Also directs: SSJ Agro Private Limited, Hare Krishna Estate Private Limited, Spangles Impex Private Limited and 5 more | Director | 04 May 1992 | 34 Years 5 Months | Current |
| Madhu Jain Also directs: SSJ Agro Private Limited, Siddhartha Consultantsprivate Limited, Ranisati Finance Private Limited and 5 more | Director | 15 Nov 2013 | 12 Years 11 Months | Current |
| Reena Jain Also directs: Ping Pong Packaging Limited, Ping Pong Global Corp LLP, Spangles Infrastructure Private Limited and 4 more | Additional Director | 20 Jan 2023 | 3 Years 9 Months | Current |
Auditor
Spangles International Limited is audited by GYAN ROSHAN & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GYAN ROSHAN & ASSOCIATES | FY 2020 | 027116N |
Shareholding
The shareholding of Spangles International Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Spangles International Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Dec 2004 | 90063333 | State Bank of Indore | ₹25 Lakh | Open | |
| 20 May 2002 | 90062554 | Punjab & Sind Bank | ₹10 Lakh | Open | |
| 02 Jun 1999 | 90061703 | Punjab & Sind Bank | ₹80 Lakh | Open | |
| 27 Nov 2004 | 90063318 | State Bank of Indore | ₹2 Cr | Satisfied |
To see the full charge records of Spangles International Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Spangles International Limited has 7 court cases on record: 3 filed by Spangles International, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
| High courts | 3 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Shahdara, Delhi | Criminal case | Filed against the company by Icici Bank Ltd | Disposed |
| District court, Central, Delhi | Execution petition | Filed against the company by an individual | Disposed |
| District court, Central, Delhi | Court case (LCA) | Filed against the company by an individual | Disposed |
| High Court of Delhi | Court case (CO.APP.) | Filed by the company against an individual | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Chief Commissioner of Customs | Disposed |
To see the full case history of Spangles International Limited, 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 Spangles International Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Spangles International has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACS9704Q1ZS | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Spangles International Limited, buy the company report.
Recent activity
Spangles International Limited has 5 board changes on record since 1992: 3 appointments and 2 cessations. The latest: Devendra Kumar Jain ceased to be Director on 20 Jan 2023.
3 earlier events are in the company report.
Frequently asked questions
Spangles International is an active public limited company based in New Delhi, Delhi, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 01 May 1991 (35+ years old) and is registered under CIN U51909DL1991PLC044176.
Spangles International has 3 current directors:
- Siddhartha Jain - Director
- Madhu Jain - Director
- Reena Jain - Additional Director
The latest financial statements of Spangles International 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 GSTIN of Spangles International is 07AAACS9704Q1ZS, registered in Delhi.
The CIN (Corporate Identification Number) of Spangles International is U51909DL1991PLC044176. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spangles International has 7 court cases on record: 3 filed by the company and 4 filed against it. Most are in the district courts.
Spangles International was incorporated on 01 May 1991, making it 35+ years old. It is registered with the Registrar of Companies, Delhi.
Devendra Kumar Jain ceased to be Director on 20 Jan 2023. Reena Jain was appointed as Additional Director on 20 Jan 2023. Madhu Jain was appointed as Director on 15 Nov 2013. Spangles International has 5 board changes on record in total.
Spangles International can be reached through the website spangles.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Spangles International is at 16 Sant Nagar East Of Kailash, New Delhi, Delhi, India – 110065.