Spartan Surgical Private Limited
About Spartan Surgical Private Limited
Data last updated:
Spartan Surgical Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the manufacturing segment of the musical instruments sector. It was incorporated on 17 April 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U33119MH2006PTC161185. Its GSTIN is 27AAJCS9924P1ZD (Maharashtra).
The company has an authorised share capital of ₹70 Lakh and a paid-up capital of ₹64 Lakh. It is led by directors Darshan Rathi and Omprakash Shaligram Rathi.
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 Near Nandaji Baba Mandir 137 Lendra Park Behind Alkit Photo Studio Shankar Nagar, Nagpur, Maharashtra, India – 440010.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.48 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹11.41 Lakh (net margin 4.6%) and EBITDA of ₹34.45 Lakh (EBITDA margin 13.9%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 1% over five years.
Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending. The company has 2 deals on record (2 secondary share transfers); the latest was in September 2016. Its 10 peer companies in the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities) are compared by revenue, 5 larger and 5 smaller; the largest is Shrinath Ji Bio Energy Private Limited with revenue of ₹2.49 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Spartan Surgical has one previous CIN (Corporate Identification Number): U45102MH2006PTC161185. The current CIN is U33119MH2006PTC161185, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U33119MH2006PTC161185 | Current |
| U45102MH2006PTC161185 | Previous |
Contact details
Spartan Surgical Private Limited's registered office is in Nagpur, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNear Nandaji Baba Mandir 137 Lendra Park Behind Alkit Photo Studio Shankar Nagar, Nagpur, Maharashtra, India – 440010
- IndustryMusical Instruments, Manufacturing, Sports Goods, Jewellery, Musical Instrument
To see the full contact details of Spartan Surgical 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
Business activity
The main business activity of Spartan Surgical 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 Spartan Surgical Private Limited, buy the company report.
Financials of Spartan Surgical Private Limited
FY 2025 filings availableSpartan Surgical Private Limited reported revenue of ₹2.48 Cr (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 4% growth in the latest year. EBITDA rose 73% 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 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 | ₹34.45 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.41 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 | 13.9% | ||||
| Net Profit Margin | 4.6% | ||||
| 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 Spartan Surgical Private Limited, buy the company report.
Board of directors of Spartan Surgical Private Limited
Spartan Surgical has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Darshan Rathi | Director | 01 Apr 2011 | 15 Years 7 Months | Current |
| Omprakash Shaligram Rathi | Director | 01 Apr 2011 | 15 Years 7 Months | Current |
Peer comparison
Spartan Surgical 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 |
|---|---|---|---|---|---|---|
| Shrinath Ji Bio Energy Private Limited | ₹2.49 Cr (FY 2025) | 214.0% | Morena, Madhya Pradesh, India | |||
| Growin Coir India Private Limited | ₹2.49 Cr (FY 2025) | 12.0% | Coimbatore, Tamil Nadu, India | |||
| Nav Jewels Private Limited | ₹2.49 Cr (FY 2025) | 28.0% | Agra, Uttar Pradesh, India | |||
| Mona Granites Private Limited | ₹2.49 Cr (FY 2025) | -3.0% | Rajsamand, Rajasthan, India | |||
| Udhyam Enterprises Private Limited | ₹2.48 Cr (FY 2025) | 9.0% | Jaipur, Rajasthan, India | |||
| Spartan Surgical Private Limitedthis company | ₹2.48 Cr (FY 2025) | ₹11.41 Lakh | 4.6% | 4.0% | Nagpur, Maharashtra, India | |
| Avani Surgical Private Limited | ₹2.48 Cr (FY 2024) | 21.0% | Chittorgarh, Rajasthan, India | |||
| Foamalite Industrial Products Private Limited | ₹2.47 Cr (FY 2024) | -30.0% | Salem, Tamil Nadu, India | |||
| Adkens Agro Private Limited | ₹2.47 Cr (FY 2024) | -18.0% | Bulandshahr, Uttar Pradesh, India | |||
| Neema Medineeds Private Limited | ₹2.47 Cr (FY 2024) | -59.0% | Puthencruz, Kerala, India | |||
| Namaste Packaging Private Limited | ₹2.46 Cr (FY 2024) | 2.0% | Telangana, India |
To see the full peer comparison of Spartan Surgical Private Limited, buy the company report.
Auditor
Spartan Surgical Private Limited is audited by SANJAY ZANWAR & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJAY ZANWAR & CO. | FY 2017 | 112589W |
Shareholding
The shareholding of Spartan Surgical Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Spartan Surgical Private Limited, buy the company report.
Deals & funding
Spartan Surgical Private Limited has 2 deals on record (2 secondary share transfers); the latest was in September 2016.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: Anup Navalkishore rathi (HUF), 3 individuals Seller: 4 individuals |
| Sep 2010 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Spartan Surgical Private Limited has 2 court cases on record: 2 filed by Spartan Surgical. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Court case (Spl .Dkst) | Filed by the company against Safe Formulations Ltd | Pending |
| District court, Nagpur, Maharashtra | Civil suit | Filed by the company against Safe Formulation Ltd. THR. Authorized Officer | Disposed |
To see the full case history of Spartan Surgical 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 Spartan Surgical Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Spartan Surgical has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCS9924P1ZD | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Spartan Surgical Private Limited, buy the company report.
Recent activity
Spartan Surgical Private Limited has 5 board changes on record since 2011: 2 appointments and 3 cessations. The latest: Girishkumar Shaligram Rathi ceased to be Director on 23 Mar 2021.
Frequently asked questions
Spartan Surgical is an active private limited company based in Nagpur, Maharashtra, India. The company works in manufacturing, within the musical instruments industry. It was incorporated on 17 April 2006 (20+ years old) and is registered under CIN U33119MH2006PTC161185.
Spartan Surgical has 2 current directors:
- Darshan Rathi - Director
- Omprakash Shaligram Rathi - Director
The latest financial statements of Spartan Surgical 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 Spartan Surgical is 27AAJCS9924P1ZD, registered in Maharashtra.
The CIN (Corporate Identification Number) of Spartan Surgical is U33119MH2006PTC161185. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spartan Surgical has 2 court cases on record: 2 filed by the company. 1 is pending.
Spartan Surgical was incorporated on 17 April 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Spartan Surgical has 2 deals on record (2 secondary share transfers); the latest was in September 2016.
The peers of Spartan Surgical by revenue are Shrinath Ji Bio Energy Private Limited, Growin Coir India Private Limited, Nav Jewels Private Limited, Mona Granites Private Limited, Udhyam Enterprises Private Limited and 5 more, all in the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Girishkumar Shaligram Rathi ceased to be Director on 23 Mar 2021. Nilesh Rathi ceased to be Director on 23 Mar 2021. Nawalkishore Shaligram Rathi ceased to be Director on 28 May 2020. Spartan Surgical has 5 board changes on record in total.
The registered office of Spartan Surgical is at Near Nandaji Baba Mandir 137 Lendra Park Behind Alkit Photo Studio Shankar Nagar, Nagpur, Maharashtra, India – 440010.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
