About Spareage Sealing Solutions LLP
Data last updated:
Spareage Sealing Solutions LLP is a limited liability partnership (LLP) based in Mumbai, Maharashtra, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 26 September 2014 and has been in existence for over 12 years.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAC-7581. Its GSTIN is 27ACQFS5503A1Z8 (Maharashtra).
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Prashant Kashiram Indulkar and Dilpritsingh Ushpalsingh Sabharwal.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at 404 Ocean View Chs Ltd Off Cross Road Bhd Hanuman Mandir Bandra(W), Mumbai, Maharashtra, India – 400050.
As per the financials filed for FY 2021, the LLP reported a revenue of ₹35.66 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹95.38 Lakh (net margin 2.7%) and EBITDA of ₹2.85 Cr (EBITDA margin 8%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 8% over five years.
The LLP has about 35 employees on its provident fund (EPFO) records.
As per MCA filings, the LLP has open charges of ₹6.08 Cr on record. Court records list 8 cases involving the LLP, including 7 filed by the LLP and 1 filed against it; 3 cases are pending.
For more details, the LLP can be reached via its website spareage.com.
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- Registered Address404 Ocean View Chs Ltd Off Cross Road Bhd Hanuman Mandir Bandra(W), Mumbai, Maharashtra, India – 400050
- IndustryMachinery and Equipment, Industrial Tools & Components
- 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
- One PDF report, delivered after checkout
Financials of Spareage Sealing Solutions LLP FY 2025 filings available
Spareage Sealing Solutions LLP reported revenue of ₹35.66 Cr (down 4% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Spareage Sealing Solutions LLP
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 7% 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 of Spareage Sealing Solutions LLP
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | ₹35.66 Cr | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | ₹95.38 Lakh | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Spareage Sealing Solutions LLP
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 2.7% | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form 8. The full year-wise statements and ratios of Spareage Sealing Solutions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Designated Partners of Spareage Sealing Solutions LLP
Spareage Sealing Solutions has 2 current designated partners and 2 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashant Kashiram Indulkar | Designated Partner | 01 Apr 2019 | 7 Years 6 Months | Current |
| Dilpritsingh Ushpalsingh Sabharwal | Designated Partner | 26 Sep 2014 | 12 Years 0 Months | Current |
Ownership and Shareholding of Spareage Sealing Solutions LLP
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Spareage Sealing Solutions LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Oct 2016 | Kotak Mahindra Bank Limited | ₹6.08 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Spareage Sealing Solutions LLP
Spareage Sealing Solutions LLP has 8 court cases on record: 7 filed by Spareage Sealing Solutions, 1 filed against it. 3 cases are pending and 5 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 1 |
| District courts | 3 | 1 | 2 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against Proxant Systemtech Private Limited | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| Bombay High Court | Court case (LPETN) | Filed by the company against an individual | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
Full case history
All 8 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Spareage Sealing Solutions LLP
Spareage Sealing Solutions LLP has a workforce of 35 employees as of Apr 04, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Spareage Sealing Solutions LLP
Spareage Sealing Solutions LLP has 4 designated partner changes on record since 2014: 2 appointments and 2 cessations. The latest: Giri Raj Agarwal ceased to be Designated Partner on 28 Nov 2024.
Credit Ratings, Litigation & Regulatory Alerts for Spareage Sealing Solutions LLP
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Spareage Sealing Solutions LLP
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Spareage Sealing Solutions LLP
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Spareage Sealing Solutions LLP
Spareage Sealing Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ACQFS5503A1Z8 | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Spareage Sealing Solutions LLP
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Spareage Sealing Solutions LLP
Spareage Sealing Solutions is an active limited liability partnership based in Mumbai, Maharashtra, India. The LLP works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 26 September 2014 (12+ years old) and is registered under LLPIN AAC-7581.
Spareage Sealing Solutions reported revenue of ₹35.66 Cr for FY 2021 (down 4% YoY).
Spareage Sealing Solutions has 2 current designated partners:
- Prashant Kashiram Indulkar - Designated Partner
- Dilpritsingh Ushpalsingh Sabharwal - Designated Partner
Spareage Sealing Solutions reported a net profit of ₹95.38 Lakh (net margin 2.7%) and EBITDA of ₹2.85 Cr (EBITDA margin 8%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Spareage Sealing Solutions is 5% over three years and 8% over five years. In the latest year (FY 2021) revenue fell 4%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Spareage Sealing Solutions is 27ACQFS5503A1Z8, registered in Maharashtra.
The LLPIN (Limited Liability Partnership Identification Number) of Spareage Sealing Solutions is AAC-7581. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Spareage Sealing Solutions has 8 court cases on record: 7 filed by the LLP and 1 filed against it. 3 are pending. Most are in the high courts.
Spareage Sealing Solutions was incorporated on 26 September 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
Giri Raj Agarwal ceased to be Designated Partner on 28 Nov 2024. Prashant Kashiram Indulkar was appointed as Designated Partner on 01 Apr 2019. Shwetambara Sabharwal ceased to be Designated Partner on 29 May 2018. Spareage Sealing Solutions has 4 designated partner changes on record in total.