MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0121737
Spasa Rubber Products Private Limited
Spasa Rubber Products Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.25 Cr
▼ 44% YoY
Net profit · FY 2025
₹3.28 Cr
Net margin 262.3%
EBITDA · FY 2025
₹4.06 Cr
EBITDA margin 324.4%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹53 Lakh
Satisfied ₹11.69 Lakh
Company age
51 yrs
Est. 1975
Employees · EPFO
17
Provident fund records
About Spasa Rubber Products Private Limited
Data last updated:
Spasa Rubber Products Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the rubber-based products segment of the manufacturing sector. It was incorporated on 31 December 1975 and has been in existence for over 51 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25100MH1975PTC018736. Its GSTIN is 27AAECS9212K1Z3 (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Prasanna Janardan Patil (Managing Director) and Cliff Saldanha.
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 1098 Murari Ghag Marg Prabhadevi, Mumbai, Maharashtra, India – 400025.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.25 Cr, a decline of 44% compared to the previous year. For the same year it recorded a net profit of ₹3.28 Cr (net margin 262.3%) and EBITDA of ₹4.06 Cr (EBITDA margin 324.4%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 14% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹53 Lakh and satisfied charges of ₹11.69 Lakh on record.
Spasa Rubber Products Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0121737). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U25100MH1975PTC018736
Registration Number 018736
Incorporation Date 31 December 1975
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0121737
Recognitions & Rankings of Spasa Rubber Products
Contact details
Spasa Rubber Products Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address1098 Murari Ghag Marg Prabhadevi, Mumbai, Maharashtra, India – 400025
- IndustryManufacturing, Rubber-Based Products
To see the full contact details of Spasa Rubber Products Private Limited, buy the company report.
Comprehensive company report
Spasa Rubber Products 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Spasa Rubber Products is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Spasa Rubber Products Private Limited, buy the company report.
Financials of Spasa Rubber Products Private Limited
FY 2025 filings availableSpasa Rubber Products Private Limited reported revenue of ₹1.25 Cr (down 44% YoY) for FY 2025.
Revenue · FY 2025
₹1.25 Cr ▼ 44%
Net profit · FY 2025
₹3.28 Cr margin 262.3%
EBITDA · FY 2025
₹4.06 Cr margin 324.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 44%
3 years · compounded
▼ 15%
5 years · compounded
▼ 14%
EBITDA CAGR growth
3 years · compounded
▲ 410%
5 years · compounded
▲ 105%
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 44% fall 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 | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.06 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.28 Cr | ||||
| 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 | 324.4% | ||||
| Net Profit Margin | 262.3% | ||||
| 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 Spasa Rubber Products Private Limited, buy the company report.
Board of directors of Spasa Rubber Products Private Limited
Spasa Rubber Products has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Cliff Saldanha Also directs: Healing Consultancy Private Limited | Director | 16 Mar 2005 | 21 Years 7 Months | Current |
| Prasanna Janardan Patil | Managing Director | 16 Mar 2005 | 21 Years 7 Months | Current |
Peer comparison
Spasa Rubber Products Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Rubber, Rubber Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rolex Reclaim Private Limited | ₹1.27 Cr (FY 2025) | 22.0% | Rajkot, Gujarat, India | |||
| Efforts Polymers Private Limited | ₹1.25 Cr (FY 2016) | -14.0% | New Delhi, Delhi, India | |||
| Spasa Rubber Products Private Limitedthis company | ₹1.25 Cr (FY 2025) | ₹3.28 Cr | 262.3% | -44.0% | 17 | Mumbai, Maharashtra, India |
| Madhu Hydro Products Private Limited | ₹1.24 Cr (FY 2025) | -3.0% | Chennai, Tamil Nadu, India | |||
| Bremels Rubber Industries Private Limited | ₹1.24 Cr (FY 2024) | -97.0% | Bangalore, Karnataka, India | |||
| Shridhar Rubber Products (India) Private Limited | ₹1.23 Cr (FY 2016) | -50.0% | Pune, Maharashtra, India | |||
| Sangram Tyres Private Limited | ₹1.23 Cr (FY 2025) | -10.0% | Ahmednagar, Maharashtra, India |
To see the full peer comparison of Spasa Rubber Products Private Limited, buy the company report.
Auditor
Spasa Rubber Products Private Limited is audited by PRAVINCHANDRA & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRAVINCHANDRA & CO | FY 2020 | 108181W |
Shareholding
The shareholding of Spasa Rubber Products Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Spasa Rubber Products Private Limited, buy the company report.
Charges & borrowings
Open charges
₹53 Lakh
Satisfied charges
₹11.69 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jun 2023 | 100741930 | Others | ₹8 Lakh | Open | |
| 11 Jul 1987 | 90223924 | Others | ₹45 Lakh | Open | |
| 01 Sep 2003 | 90225280 | Union Bank of India | ₹6 Lakh | Satisfied | |
| 31 May 1983 | 90223753 | The Maharashtra State Financial Corporation | ₹1.25 Lakh | Satisfied | |
| 22 Apr 1981 | 90223711 | Union Bank of India | ₹3 Lakh | Satisfied |
To see the full charge records of Spasa Rubber Products Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
No court or tribunal cases involving Spasa Rubber Products 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 Spasa Rubber Products Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Spasa Rubber Products Private Limited has a workforce of 17 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
17
Active EPFO establishments
1
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 17 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Spasa Rubber Products Private Limited, buy the company report.
GST
Spasa Rubber Products has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECS9212K1Z3 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Spasa Rubber Products Private Limited, buy the company report.
Recent activity
Spasa Rubber Products Private Limited has 6 board changes on record since 2005: 2 appointments and 4 cessations. The latest: Janardhan Pandurang Patil ceased to be Director on 18 May 2017.
AGM
Spasa Rubber Products Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Spasa Rubber Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge registered on 31 May 1983 via Charge ID 90223753 with The Maharashtra State Financial Corporation was fully satisfied on 07 May 2024.
Charges
A charge with Others amounted to Rs. 8.00 Lakh with Charge ID 100741930 was registered on 12 Jun 2023.
Charges
A charge with Others of Rs. 45.00 Lakh registered on 11 Jul 1987 with Charge ID 90223924 was modified on 05 Jan 2023.
Charges
A charge registered on 01 Sep 2003 via Charge ID 90225280 with Union Bank Of India was fully satisfied on 01 Sep 2018.
Charges
A charge registered on 22 Apr 1981 via Charge ID 90223711 with Union Bank Of India was fully satisfied on 01 Sep 2018.
Charges
A charge registered on 20 Jun 1978 via Charge ID 90223668 with Union Bank Of India was fully satisfied on 01 Sep 2018.
Charges
A charge registered on 13 Dec 1977 via Charge ID 90223666 with Union Bank Of India was fully satisfied on 01 Sep 2018.
Charges
A charge registered on 22 Aug 1977 via Charge ID 90223662 with Union Bank Of India was fully satisfied on 01 Sep 2018.
Charges
A charge registered on 14 Sep 1976 via Charge ID 90223653 with Union Bank Of India was fully satisfied on 01 Sep 2018.
Ceased
Janardhan Pandurang Patil ceased to be Director.
14 earlier events are in the company report.
Frequently asked questions
Spasa Rubber Products is an active private limited company based in Mumbai, Maharashtra, India. The company works in rubber-based products, within the manufacturing industry. It was incorporated on 31 December 1975 (51+ years old) and is registered under CIN U25100MH1975PTC018736.
Spasa Rubber Products has 2 current directors:
- Prasanna Janardan Patil - Managing Director
- Cliff Saldanha - Director
The latest financial statements of Spasa Rubber Products 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 Spasa Rubber Products is 27AAECS9212K1Z3, registered in Maharashtra.
The CIN (Corporate Identification Number) of Spasa Rubber Products is U25100MH1975PTC018736. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spasa Rubber Products was incorporated on 31 December 1975, making it 51+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Spasa Rubber Products by revenue are Rolex Reclaim Private Limited, Efforts Polymers Private Limited, Madhu Hydro Products Private Limited, Bremels Rubber Industries Private Limited, Shridhar Rubber Products (India) Private Limited and 1 more, all in the Manufacturing industry (Rubber, Rubber Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Janardhan Pandurang Patil ceased to be Director on 18 May 2017. Prabha Maruti Sathye ceased to be Director on 19 Mar 2015. Prasanna Janardan Patil ceased to be Director on 21 May 2013. Spasa Rubber Products has 6 board changes on record in total.
Yes, Spasa Rubber Products is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0121737).
The registered office of Spasa Rubber Products is at 1098 Murari Ghag Marg Prabhadevi, Mumbai, Maharashtra, India – 400025.
Spasa Rubber Products operates in the manufacturing industry, in the rubber-based products segment.
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