About Spear Networks Private Limited
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Spear Networks Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 20 October 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB2000PTC092530. Its GSTIN is 19AAGCS6858R1Z6 (West Bengal).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.02 Lakh. It is led by directors Vineet Kumar Bhojnagarwala and Priti Bhojnagarwala.
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 51/3/3C Strand Road, Kolkata, West Bengal, India – 700007.
As per the financials filed for FY 2025, the company reported a revenue of ₹55.65 Lakh, a decline of 58% compared to the previous year. For the same year it recorded a net loss of ₹2.83 Lakh (net margin -5.1%) and EBITDA of -₹1.73 Lakh (EBITDA margin -3.1%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 20% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website snpl.co.in.
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- Registered Address51/3/3C Strand Road, Kolkata, West Bengal, India – 700007
- IndustryInformation Technology, IT Consulting & Support Services, IT Products Retail & Distribution
- 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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Business Activity of Spear Networks Private Limited
The main business activity of Spear Networks is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Spear Networks Private Limited FY 2025 filings available
Spear Networks Private Limited reported revenue of ₹55.65 Lakh (down 58% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Spear Networks Private Limited
Revenue fell 58% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 20%. EBITDA fell 111% 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 Spear Networks Private Limited
| 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 | -₹1.73 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.83 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 of Spear Networks Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -5.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Spear Networks 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.
Peer Comparison of Spear Networks Private Limited
Spear Networks Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services, IT Products Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Eclatron Technologies Private Limited | ₹55.8 Lakh (FY 2024) | •••• | •••• | •••• | Coimbatore, Tamil Nadu, India | |
| Image Computer System Pvt Ltd | ₹55.77 Lakh (FY 2025) | •••• | •••• | 15.0% | •••• | Mumbai, Maharashtra, India |
| Eclat Infotainment Private Limited | ₹55.76 Lakh (FY 2025) | •••• | •••• | 83.0% | •••• | Mumbai, Maharashtra, India |
| Zonyx Technologies Private Limited | ₹55.69 Lakh (FY 2025) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Pee Dee Infoestate Private Limited | ₹55.68 Lakh (FY 2025) | •••• | •••• | 25768.0% | •••• | New Delhi, Delhi, India |
| Spear Networks Private Limited this company | ₹55.65 Lakh (FY 2025) | •••• | •••• | -58.0% | •••• | Kolkata, West Bengal, India |
| Digilife Distribution and Marketing Services Limited | ₹55.63 Lakh (FY 2022) | •••• | •••• | -96.0% | •••• | New Delhi, Delhi, India |
| Big Leap Digital Services Private Limited | ₹55.58 Lakh (FY 2025) | •••• | •••• | 38.0% | •••• | Gurugram, Haryana, India |
| Ellipsonic India Solutions Private Limited | ₹55.57 Lakh (FY 2025) | •••• | •••• | 90.0% | •••• | Bangalore, Karnataka, India |
| Paradise Technosoft Private Limited | ₹55.52 Lakh (FY 2024) | •••• | •••• | -40.0% | •••• | Uttar Pradesh, India |
| Omnitrix Business Services Private Limited | ₹55.51 Lakh (FY 2024) | •••• | •••• | -2.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Spear Networks by revenue in the Information Technology industry (IT Consulting and Services, IT Products Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Spear Networks Private Limited
Spear Networks Private Limited is audited by VIKASH VIJAY AGARWAL & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VIKASH VIJAY AGARWAL & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Spear Networks Private Limited
Spear Networks has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vineet Kumar Bhojnagarwala | Director | 20 Oct 2000 | 25 Years 11 Months | Current |
| Priti Bhojnagarwala | Director | 01 Aug 2006 | 20 Years 2 Months | Current |
Ownership and Shareholding of Spear Networks Private Limited
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 Spear Networks Private Limited
Spear Networks Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Spear Networks Private Limited
Spear Networks Private Limited has a workforce of 5 employees as of Apr 03, 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 Spear Networks Private Limited
Spear Networks Private Limited has 2 board changes on record since 2000: 2 appointments. The latest: Priti Bhojnagarwala was appointed as Director on 01 Aug 2006.
Credit Ratings, Litigation & Regulatory Alerts for Spear Networks Private Limited
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 Spear Networks Private Limited
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 Spear Networks Private Limited
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 Spear Networks Private Limited
Spear Networks has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAGCS6858R1Z6 | West Bengal | 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 Spear Networks Private Limited
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 Spear Networks Private Limited
Spear Networks is an active private limited company based in Kolkata, West Bengal, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 20 October 2000 (26+ years old) and is registered under CIN U51909WB2000PTC092530.
Spear Networks reported revenue of ₹55.65 Lakh for FY 2025 (down 58% YoY).
Spear Networks has 2 current directors:
- Vineet Kumar Bhojnagarwala - Director
- Priti Bhojnagarwala - Director
Spear Networks reported a net loss of ₹2.83 Lakh (net margin -5.1%) and EBITDA of -₹1.73 Lakh (EBITDA margin -3.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Spear Networks is 19% over three years and 20% over five years. In the latest year (FY 2025) revenue fell 58%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Spear Networks is 19AAGCS6858R1Z6, registered in West Bengal.
The CIN (Corporate Identification Number) of Spear Networks is U51909WB2000PTC092530. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spear Networks was incorporated on 20 October 2000, making it 26+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Spear Networks by revenue are Eclatron Technologies Private Limited, Image Computer System Pvt Ltd, Eclat Infotainment Private Limited, Zonyx Technologies Private Limited, Pee Dee Infoestate Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services, IT Products Retail and Distribution).
Priti Bhojnagarwala was appointed as Director on 01 Aug 2006. Vineet Kumar Bhojnagarwala was appointed as Director on 20 Oct 2000.
Spear Networks can be reached through the website snpl.co.in. Its registered office is in Kolkata, West Bengal, India.