MSME (Udyam registered) Ministry of MSME
- Category
- Small (2022-23)
- Udyam number
- UDYAM-GJ-24-0057303
Spantech Engineering Industries Private Limited - machinery and equipment in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹13.89 Cr
▼ 42% YoY
Net loss · FY 2021
₹45,399
Net margin 0%
EBITDA · FY 2021
₹80.52 Lakh
EBITDA margin 5.8%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹2.53 Cr
Secured borrowings
Company age
10 yrs
Est. 2016
Employees · EPFO
78
Provident fund records
About Spantech Engineering Industries Private Limited
Data last updated:
Spantech Engineering Industries Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 19 September 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29299GJ2016PTC093768. Its GSTIN is 24AAXCS6916R1Z7 (Gujarat).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It was formerly known as Spantech Engineering Indutries Private Limited. It is led by directors Shreejesh Mohan Nair and Keyuri Shreejesh Nair.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 19 Shree Bunglows Nr. Nilamber 3 Waghodia Road, Vadodara, Gujarat, India – 390025.
As per the financials filed for FY 2021, the company reported a revenue of ₹13.89 Cr, a decline of 42% compared to the previous year. For the same year it recorded a net loss of ₹45,399 (net margin 0%) and EBITDA of ₹80.52 Lakh (EBITDA margin 5.8%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years.
The company has about 78 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.53 Cr on record. Court records list 36 cases involving the company, including 12 filed by the company and 24 filed against it; 9 cases are pending.
Spantech Engineering Industries Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0057303). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spantechgroup.com.
Company details
CIN U29299GJ2016PTC093768
Registration Number 093768
Incorporation Date 19 September 2016
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-24-0057303
Recognitions & Rankings of Spantech Engineering Industries
Contact details
Spantech Engineering Industries Private Limited's registered office is in Vadodara, Gujarat. Its website is spantechgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address19 Shree Bunglows Nr. Nilamber 3 Waghodia Road, Vadodara, Gujarat, India – 390025
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Spantech Engineering Industries Private Limited, buy the company report.
Comprehensive company report
Spantech Engineering Industries 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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Secure checkout · GST invoice included
Business activity
The main business activity of Spantech Engineering Industries is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Spantech Engineering Industries Private Limited, buy the company report.
Financials of Spantech Engineering Industries Private Limited
FY 2021 filings availableSpantech Engineering Industries Private Limited reported revenue of ₹13.89 Cr (down 42% YoY) for FY 2021.
Revenue · FY 2021
₹13.89 Cr ▼ 42%
Net loss · FY 2021
₹45,399 margin 0%
EBITDA · FY 2021
₹80.52 Lakh margin 5.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 42%
3 years · compounded
▲ 33%
EBITDA CAGR growth
1 year
▼ 31%
3 years · compounded
▲ 60%
Revenue fell 42% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 33%. EBITDA fell 31% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹13.89 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹80.52 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹45,399 | ||||
| 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.8% | ||||
| Net Profit Margin | 0% | ||||
| 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 Spantech Engineering Industries Private Limited, buy the company report.
Board of directors of Spantech Engineering Industries Private Limited
Spantech Engineering Industries has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shreejesh Mohan Nair Also directs: Awemax Smart Service Solutions Private Limited | Director | 16 Oct 2021 | 5 Years 0 Months | Current |
| Keyuri Shreejesh Nair Also directs: Awemax Smart Service Solutions Private Limited | Director | 16 Oct 2021 | 5 Years 0 Months | Current |
Peer comparison
Spantech Engineering Industries Private Limited is compared with the 8 companies closest to it by revenue in the Machinery and Equipment industry (Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Empire Technoengineers Private Limited | ₹14 Cr (FY 2025) | 7.0% | New Delhi, Delhi, India | |||
| Memory Repro Systems Private Limited | ₹13.92 Cr (FY 2025) | 3.0% | Delhi, India | |||
| Ultra Febtech Private Limited | ₹13.92 Cr (FY 2024) | 80.0% | Ahmedabad, Gujarat, India | |||
| Spantech Engineering Industries Private Limitedthis company | ₹13.89 Cr (FY 2021) | -₹45,399 | 0% | -42.0% | 78 | Vadodara, Gujarat, India |
| Sri Parijatha Machinery Works Private Limited | ₹13.88 Cr (FY 2024) | 15.0% | Bangalore, Karnataka, India | |||
| Jagdamba Tools Private Limited | ₹13.87 Cr (FY 2024) | 21332.0% | Ahmednagar, Maharashtra, India | |||
| Altra Chemtech Private Limited | ₹13.84 Cr (FY 2025) | -1.0% | Chennai, Tamil Nadu, India | |||
| Laser Automation Private Limited | ₹13.76 Cr (FY 2024) | 70.0% | Pune, Maharashtra, India | |||
| Techno Fabricators India Private Limited | ₹13.76 Cr (FY 2024) | 30.0% | New Delhi, Delhi, India |
To see the full peer comparison of Spantech Engineering Industries Private Limited, buy the company report.
Auditor
Spantech Engineering Industries Private Limited is audited by P PATEL & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P PATEL & CO | FY 2021 | 134073W |
Shareholding
The shareholding of Spantech Engineering Industries Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Spantech Engineering Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.53 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Oct 2019 | 100314831 | Sidbi | ₹42.96 Lakh | Open | |
| 20 Mar 2019 | 100252417 | Hdfc Bank Limited | ₹12.65 Lakh | Open | |
| 15 Feb 2019 | 100252634 | Hdfc Bank Limited | ₹4.91 Lakh | Open | |
| 21 Dec 2017 | 100148728 | Hdfc Bank Limited | ₹1.93 Cr | Open |
To see the full charge records of Spantech Engineering Industries Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Spantech Engineering Industries Private Limited has 36 court cases on record: 12 filed by Spantech Engineering Industries, 24 filed against it. 9 cases are pending and 27 are disposed.
Total cases
36
Filed by the company
12
Filed against the company
24
Pending
9
Disposed
27
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 34 | 23 | 9 |
| High courts | 1 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 36)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jaipur Metro II, Rajasthan | Court case (Complaint) | Filed against the company by SMFG India Credit Company Ltd | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S GRC Infra Pvt Ltd | Pending |
| District court, Jaipur Metro II, Rajasthan | Court case (Complaint) | Filed against the company by Aditya Birla Finance Limited | Disposed |
| District court, Vadodara, Gujarat | Criminal miscellaneous application | Filed against the company by HDFC Bank Limited - Authorised Officer Anil Sankhla | Disposed |
| District court, South, Delhi | Cheque dishonour complaint | Filed against the company by Axis Finance Ltd | Disposed |
To see the full case history of Spantech Engineering Industries Private 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 Spantech Engineering Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Spantech Engineering Industries Private Limited has a workforce of 78 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
Employee count
78
Active EPFO establishments
1
Employee growth
4%
GST
Spantech Engineering Industries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAXCS6916R1Z7 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Spantech Engineering Industries Private Limited, buy the company report.
Recent activity
Spantech Engineering Industries Private Limited has 7 board changes on record since 2017: 2 appointments and 5 cessations. The latest: Bhavulben Ghanshyambhai Patel ceased to be Director on 20 Oct 2021.
AGM
Spantech Engineering Industries Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Ceased
Bhavulben Ghanshyambhai Patel ceased to be Director.
Ceased
Rajesh Arvindbhai Patel ceased to be Director.
Appointed
Keyuri Shreejesh Nair was appointed as Director.
Appointed
Shreejesh Mohan Nair was appointed as Director.
Filing
Spantech Engineering Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited of Rs. 192.93 Lakh registered on 21 Dec 2017 with Charge ID 100148728 was modified on 01 Jul 2020.
Ceased
Pravin Ranchhodbhai Patel ceased to be Director.
Charges
A charge with Sidbi amounted to Rs. 42.96 Lakh with Charge ID 100314831 was registered on 19 Oct 2019.
Ceased
Jyotsna Pravin Patel ceased to be Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 12.65 Lakh with Charge ID 100252417 was registered on 20 Mar 2019.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 4.91 Lakh with Charge ID 100252634 was registered on 15 Feb 2019.
3 earlier events are in the company report.
Frequently asked questions
Spantech Engineering Industries is an active private limited company based in Vadodara, Gujarat, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 19 September 2016 (10+ years old) and is registered under CIN U29299GJ2016PTC093768.
Spantech Engineering Industries has 2 current directors:
- Shreejesh Mohan Nair - Director
- Keyuri Shreejesh Nair - Director
The latest financial statements of Spantech Engineering Industries on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Spantech Engineering Industries is 24AAXCS6916R1Z7, registered in Gujarat.
The CIN (Corporate Identification Number) of Spantech Engineering Industries is U29299GJ2016PTC093768. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spantech Engineering Industries has 36 court cases on record: 12 filed by the company and 24 filed against it. 9 are pending. Most are in the district courts.
Spantech Engineering Industries was incorporated on 19 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Spantech Engineering Industries by revenue are Empire Technoengineers Private Limited, Memory Repro Systems Private Limited, Ultra Febtech Private Limited, Sri Parijatha Machinery Works Private Limited, Jagdamba Tools Private Limited and 3 more, all in the Machinery and Equipment industry (Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Bhavulben Ghanshyambhai Patel ceased to be Director on 20 Oct 2021. Rajesh Arvindbhai Patel ceased to be Director on 20 Oct 2021. Keyuri Shreejesh Nair was appointed as Director on 16 Oct 2021. Spantech Engineering Industries has 7 board changes on record in total.
Yes, Spantech Engineering Industries is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-24-0057303).
Spantech Engineering Industries can be reached through the website spantechgroup.com. Its registered office is in Vadodara, Gujarat, India.