About S.P.E.A.R. Security Solutions Private Limited
Data last updated:
S.P.E.A.R. Security Solutions Private Limited is a private limited company based in Cbd Belapur Navi Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the security and surveillance segment of the business services sector. It was incorporated on 25 June 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2018PTC311163. Its GSTIN is 27ABACS5027R1ZU (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shariq Ashraf and Shayan Jamshaid Ashraf.
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 Office No B 106 1st Floor Great Eastern Summit Plot No.66 Sector 15, CBD Belapur Navi Mumbai, Maharashtra, India – 400614.
As per the financials filed for FY 2024, the company reported a revenue of ₹66.6 Lakh, a decline of 1% compared to the previous year. For the same year it recorded a net loss of ₹23 Lakh (net margin -34.5%) and EBITDA of -₹22.42 Lakh (EBITDA margin -33.7%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years.
The company has about 6 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Spear Security Solutions.
For more details, the company can be reached via its website spear-security.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressOffice No B 106 1st Floor Great Eastern Summit Plot No.66 Sector 15, CBD Belapur Navi Mumbai, Maharashtra, India – 400614
- IndustryBusiness Services, Security & Surveillance, Facility Management
- 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
Business Activity of S.P.E.A.R. Security Solutions Private Limited
The main business activity of S.P.E.A.R. Security Solutions is administrative and support service activities. In detail, this covers security and investigation activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Administrative and support service activities | 80 | Security and investigation activities | 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 S.P.E.A.R. Security Solutions Private Limited FY 2025 filings available
S.P.E.A.R. Security Solutions Private Limited reported revenue of ₹66.6 Lakh (down 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of S.P.E.A.R. Security Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 6% over three years, including a 1% fall in the latest year. EBITDA fell 390% 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 S.P.E.A.R. Security Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹22.42 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹23 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 S.P.E.A.R. Security Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -33.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -34.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 S.P.E.A.R. Security Solutions are in the company report.
Financial statements from FY 2019
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 S.P.E.A.R. Security Solutions Private Limited
S.P.E.A.R. Security Solutions Private Limited is compared with the companies closest to it by revenue in the Business Services industry (Security Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Light House Security Services Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Lion Worldwide Shield Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Smartcops Security Services Private Limited | •••• | •••• | •••• | •••• | - | Greater Noida, Uttar Pradesh, India |
| Crown Security Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Usafe Action Force and Management Private Limited | •••• | •••• | •••• | •••• | 29 | Hyderabad, Telangana, India |
| S.P.E.A.R. Security Solutions Private Limited this company | •••• | •••• | •••• | •••• | - | Cbd Belapur Navi Mumbai, Maharashtra, India |
| Hifi Security Services Private Limited | •••• | •••• | •••• | •••• | - | Gurgaon, Haryana, India |
| Sashakt Security Services Private Limited | •••• | •••• | •••• | •••• | - | Navi Mumbai, Maharashtra, India |
| Yes11 Management Services Private Limited | •••• | •••• | •••• | •••• | 12 | Haldwani, Uttarakhand, India |
| P. S. Security Services Private Limited | •••• | •••• | •••• | •••• | - | Lucknow, Uttar Pradesh, India |
| Saadu Mata Security Services Private Limited | •••• | •••• | •••• | •••• | - | Shajapur, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below S.P.E.A.R. Security Solutions by revenue in the Business Services industry (Security Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of S.P.E.A.R. Security Solutions Private Limited
S.P.E.A.R. Security Solutions Private Limited is audited by Prashant Indrachand Tararia for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Prashant Indrachand Tararia | 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 S.P.E.A.R. Security Solutions Private Limited
S.P.E.A.R. Security Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shariq Ashraf Also directs: Pearl Recreation Private Limited, Pearl Freight Services Private Limited, Pearl Portline Private Limited and 2 more | Director | 25 Jun 2018 | 8 Years 3 Months | Current |
| Shayan Jamshaid Ashraf Also directs: Pearl Recreation Private Limited, Pearl Freight Services Private Limited, Pearl Portline Private Limited and 2 more | Director | 25 Jun 2018 | 8 Years 3 Months | Current |
Ownership and Shareholding of S.P.E.A.R. Security Solutions 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 S.P.E.A.R. Security Solutions Private Limited
S.P.E.A.R. Security Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with S.P.E.A.R. Security Solutions Private Limited
S.P.E.A.R. Security Solutions operates one associated brand: Spear Security Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides physical security, facilities management, and tech-integrated solutions for various clients. | spear-security.com |
Employees and EPFO Compliance at S.P.E.A.R. Security Solutions Private Limited
S.P.E.A.R. Security Solutions Private Limited has a workforce of 6 employees as of Apr 08, 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 S.P.E.A.R. Security Solutions Private Limited
S.P.E.A.R. Security Solutions Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Shariq Ashraf was appointed as Director on 25 Jun 2018.
Credit Ratings, Litigation & Regulatory Alerts for S.P.E.A.R. Security Solutions 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 S.P.E.A.R. Security Solutions 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 S.P.E.A.R. Security Solutions 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 S.P.E.A.R. Security Solutions Private Limited
S.P.E.A.R. Security Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABACS5027R1ZU | Maharashtra | Active | 29 Dec 2018 |
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 S.P.E.A.R. Security Solutions 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 S.P.E.A.R. Security Solutions Private Limited
S.P.E.A.R. Security Solutions is an active private limited company based in Cbd Belapur Navi Mumbai, Maharashtra, India. The company works in security and surveillance, within the business services industry. It was incorporated on 25 June 2018 (8+ years old) and is registered under CIN U74900MH2018PTC311163.
S.P.E.A.R. Security Solutions reported revenue of ₹66.6 Lakh for FY 2024 (down 1% YoY).
S.P.E.A.R. Security Solutions has 2 current directors:
- Shariq Ashraf - Director
- Shayan Jamshaid Ashraf - Director
S.P.E.A.R. Security Solutions reported a net loss of ₹23 Lakh (net margin -34.5%) and EBITDA of -₹22.42 Lakh (EBITDA margin -33.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of S.P.E.A.R. Security Solutions is -6% over three years. In the latest year (FY 2024) revenue fell 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of S.P.E.A.R. Security Solutions is 27ABACS5027R1ZU, registered in Maharashtra.
The CIN (Corporate Identification Number) of S.P.E.A.R. Security Solutions is U74900MH2018PTC311163. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
S.P.E.A.R. Security Solutions was incorporated on 25 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of S.P.E.A.R. Security Solutions by revenue are Light House Security Services Private Limited, Lion Worldwide Shield Private Limited, Smartcops Security Services Private Limited, Crown Security Private Limited, Usafe Action Force and Management Private Limited and 5 more, all in the Business Services industry (Security Services).
Shariq Ashraf was appointed as Director on 25 Jun 2018. Shayan Jamshaid Ashraf was appointed as Director on 25 Jun 2018.
Yes, S.P.E.A.R. Security Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).