- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0155867

Spazio Formulations Limited
About Spazio Formulations Limited
Data last updated:
Spazio Formulations Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the preventive health supplements segment of the healthcare sector. It was incorporated on 07 April 2022.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U20219GJ2022PLC130807.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹9.93 Cr. It is led by directors including Monika Shekhawat and Tarunkumar Gunvantlal Patel.
Its last annual general meeting (AGM) was held on 30 December 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2023, the company reported a revenue of ₹18.17 Cr. For the same year it recorded a net profit of ₹3.18 Cr (net margin 17.5%) and EBITDA of ₹4.34 Cr (EBITDA margin 23.9%).
As per MCA filings, the company has open charges of ₹1.36 Cr on record.
Spazio Formulations Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0155867). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Spazio Formulations has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U20219GJ2022PLC130807, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U20219GJ2022PLC130807 | Current |
| U24299GJ2022PLC130807 | Previous |
| U24299GJ2022PTC130807 | Previous |
Recognitions & Rankings of Spazio Formulations
Contact details
Spazio Formulations Limited's registered office is in Ahmedabad, Gujarat.
- Registered AddressB – 311 Empire Business Hub, Science City Road Sola, Ahmedabad, Gujarat, India – 380060
- IndustryHealthcare, Preventive Health Supplements
- 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
Financials of Spazio Formulations Limited
FY 2023 filings availableSpazio Formulations Limited reported revenue of ₹18.17 Cr for FY 2023.
Financial Statement Summary
| Metrics | FY 2022-23 |
|---|---|
| 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 | ₹4.34 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹3.18 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 2022-23 |
|---|---|
| Profitability | |
| EBITDA Margin | 23.9% |
| Net Profit Margin | 17.5% |
| 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 Spazio Formulations Limited, buy the company report.
Board of directors of Spazio Formulations Limited
Spazio Formulations has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Monika Shekhawat | Director | 15 Sep 2022 | 4 Years 1 Months | Current |
| Tarunkumar Gunvantlal Patel | Director | 01 Aug 2024 | 2 Years 3 Months | Current |
| Vedant Tarunbhai Patel | Director | 23 Oct 2024 | 2 Years 0 Months | Current |
Peer comparison
Spazio Formulations Limited is compared with the 10 companies closest to it by revenue in the Healthcare industry (Formulations, Preventive Healthcare Supplements), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aryan Biotech Private Limited | ₹18.29 Cr (FY 2025) | -9.0% | Uttranchal, Uttar Pradesh, India | |||
| Oplos Medicare Pharmaceuticals Private Limited | ₹18.23 Cr (FY 2019) | 54.0% | Delhi, India | |||
| Pharmazz India Private Limited | ₹18.18 Cr (FY 2024) | 138.0% | New Delhi, Delhi, India | |||
| Rashmi Pharma Private Limited | ₹18.17 Cr (FY 2025) | 22.0% | Telangana, India | |||
| Shape Pharma Private Limited | ₹18.17 Cr (FY 2024) | -10.0% | Surendranagar, Gujarat, India | |||
| Spazio Formulations Limitedthis company | ₹18.17 Cr (FY 2023) | ₹3.18 Cr | 17.5% | Ahmedabad, Gujarat, India | ||
| Zaneka Healthcare Limited | ₹18.16 Cr (FY 2025) | -18.0% | Haridwar, Uttarakhand, India | |||
| Palger-Q Trading Private Limited | ₹18.07 Cr (FY 2025) | 5.0% | Kolkata, West Bengal, India | |||
| Anek Prayog Private Limited | ₹18.06 Cr (FY 2025) | 13.0% | Mumbai, Maharashtra, India | |||
| Synbiotics Limited | ₹18.04 Cr (FY 2025) | 4.0% | Padra, Gujarat, India | |||
| United Capz Private Limited | ₹18.03 Cr (FY 2025) | -30.0% | Thane, Maharashtra, India |
To see the full peer comparison of Spazio Formulations Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Jul 2024 | 100951763 | Others | ₹1.18 Cr | Open | |
| 09 Jan 2023 | 100682145 | Hdfc Bank Limited | ₹18.59 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Spazio Formulations 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 Spazio Formulations Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Spazio Formulations Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Spazio Formulations Limited has 6 board changes on record since 2022: 3 appointments and 3 cessations. The latest: Vedant Tarunbhai Patel was appointed as Director on 23 Oct 2024.
Frequently asked questions
Spazio Formulations is an active public limited company based in Ahmedabad, Gujarat, India. The company works in preventive health supplements, within the healthcare industry. It was incorporated on 07 April 2022 (4+ years old) and is registered under CIN U20219GJ2022PLC130807.
Spazio Formulations has 3 current directors:
- Monika Shekhawat - Director
- Tarunkumar Gunvantlal Patel - Director
- Vedant Tarunbhai Patel - Director
The latest financial statements of Spazio Formulations on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 December 2023. Year-wise statements from FY 2023 are in the company report.
The CIN (Corporate Identification Number) of Spazio Formulations is U20219GJ2022PLC130807. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spazio Formulations was incorporated on 07 April 2022, making it 4+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Spazio Formulations by revenue are Aryan Biotech Private Limited, Oplos Medicare Pharmaceuticals Private Limited, Pharmazz India Private Limited, Rashmi Pharma Private Limited, Shape Pharma Private Limited and 5 more, all in the Healthcare industry (Formulations, Preventive Healthcare Supplements).
Vedant Tarunbhai Patel was appointed as Director on 23 Oct 2024. Tarunkumar Gunvantlal Patel was appointed as Director on 01 Aug 2024. Avni Chouhan ceased to be Director on 03 Mar 2024. Spazio Formulations has 6 board changes on record in total.
Yes, Spazio Formulations is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0155867).
The registered office of Spazio Formulations is at B – 311 Empire Business Hub, Science City Road Sola, Ahmedabad, Gujarat, India – 380060.
Spazio Formulations operates in the healthcare industry, in the preventive health supplements segment.
Spazio Formulations has open charges of ₹1.36 Cr and no satisfied charges on record as per latest MCA filings.

