MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-08-0022606
Spearhead Research India Private Limited
Spearhead Research India Private Limited - trading in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.95 Cr
▼ 25% YoY
Net profit · FY 2025
₹2.31 Lakh
Net margin 1.2%
EBITDA · FY 2025
₹2.72 Lakh
EBITDA margin 1.4%
Authorised capital
₹12 Lakh
Registered with MCA
Paid-up capital
₹10.1 Lakh
Issued & subscribed
Open charges
₹90 Lakh
Secured borrowings
Company age
19 yrs
Est. 2007
Directors on board
2
As per MCA filings
About Spearhead Research India Private Limited
Data last updated:
Spearhead Research India Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 15 November 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U73100DL2007PTC170472. Its GSTIN is 07AALCS8641K1ZR (Delhi).
The company has an authorised share capital of ₹12 Lakh and a paid-up capital of ₹10.1 Lakh. It is led by directors Parul Garg (Whole-Time Director) and Shikhar Bansal.
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 198/12 – 13 2nd Floor Ramesh Market East Of Kailash New Delhi, Delhi, India – 110065.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.95 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹2.31 Lakh (net margin 1.2%) and EBITDA of ₹2.72 Lakh (EBITDA margin 1.4%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 130% over five years.
As per MCA filings, the company has open charges of ₹90 Lakh on record.
Spearhead Research India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-08-0022606). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U73100DL2007PTC170472
Registration Number 170472
Incorporation Date 15 November 2007
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 15 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-DL-08-0022606
Recognitions & Rankings of Spearhead Research India
Contact details
Spearhead Research India Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address198/12 – 13 2nd Floor Ramesh Market East Of Kailash New Delhi, Delhi, India – 110065
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Spearhead Research India Private Limited, buy the company report.
Comprehensive company report
Spearhead Research India 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 Spearhead Research India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Spearhead Research India Private Limited, buy the company report.
Financials of Spearhead Research India Private Limited
FY 2025 filings availableSpearhead Research India Private Limited reported revenue of ₹1.95 Cr (down 25% YoY) for FY 2025.
Revenue · FY 2025
₹1.95 Cr ▼ 25%
Net profit · FY 2025
₹2.31 Lakh margin 1.2%
EBITDA · FY 2025
₹2.72 Lakh margin 1.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 25%
3 years · compounded
▼ 35%
5 years · compounded
▲ 130%
EBITDA CAGR growth
1 year
▲ 107%
3 years · compounded
▼ 16%
5 years · compounded
▲ 91%
Revenue fell 25% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 130%. EBITDA rose 107% 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 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹2.72 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.31 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.4% | ||||
| Net Profit Margin | 1.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| 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 Spearhead Research India Private Limited, buy the company report.
Board of directors of Spearhead Research India Private Limited
Spearhead Research India has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parul Garg Also directs: Mexmycorp Private Limited, Catamarancorp Private Limited | Whole-Time Director | 02 Nov 2022 | 4 Years 0 Months | Current |
| Shikhar Bansal | Director | 01 Jul 2020 | 6 Years 4 Months | Current |
Peer comparison
Spearhead Research India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Faz Infosolutions Private Limited | ₹1.95 Cr (FY 2024) | Vasai, Maharashtra, India | ||||
| Svar Fragrances and Flavors Private Limited | ₹1.95 Cr (FY 2023) | 18.0% | Thane, Maharashtra, India | |||
| Bishnoi Infrastructure Private Limited | ₹1.95 Cr (FY 2025) | -6.0% | Kolkata, West Bengal, India | |||
| Hathisara Fashion Private Limited | ₹1.95 Cr (FY 2024) | 55.0% | New Delhi, Delhi, India | |||
| Shree Ganesh Pulp Private Limited | ₹1.95 Cr (FY 2021) | -77.0% | Kolkata, West Bengal, India | |||
| Spearhead Research India Private Limitedthis company | ₹1.95 Cr (FY 2025) | ₹2.31 Lakh | 1.2% | -25.0% | New Delhi, Delhi, India | |
| Pritasa India Private Limited | ₹1.95 Cr (FY 2024) | 1536.0% | Noida, Uttar Pradesh, India | |||
| Gromax Healthcare Private Limited | ₹1.95 Cr (FY 2025) | 8.0% | Chennai, Tamil Nadu, India | |||
| Fidato Agro Private Limited | ₹1.95 Cr (FY 2025) | 7.0% | Gorakhpur, Uttar Pradesh, India | |||
| Hri Healthcare Private Limited | ₹1.95 Cr (FY 2024) | -16.0% | Mumbai, Maharashtra, India | |||
| Euro Power Hydraulic Technologies Private Limited | ₹1.95 Cr (FY 2025) | 105.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Spearhead Research India Private Limited, buy the company report.
Auditor
Spearhead Research India Private Limited is audited by VIRALMITTAL for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIRALMITTAL | FY 2023 | 512831 |
Shareholding
The shareholding of Spearhead Research India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Spearhead Research India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹90 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jan 2023 | 100676963 | Axis Bank Limited | ₹90 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Spearhead Research India 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 Spearhead Research India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Spearhead Research India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AALCS8641K1ZR | Delhi | Active | 29 May 2019 |
To see the full GST registrations and return filing status of Spearhead Research India Private Limited, buy the company report.
Recent activity
Spearhead Research India Private Limited has 9 board changes on record since 2010: 2 appointments and 7 cessations. The latest: Sandeep Kumar ceased to be Director on 04 Nov 2022.
AGM
Spearhead Research India Private Limited last Annual general meeting of members was held on 15 Sep 2025 as per latest MCA records.
Filing
Spearhead Research India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Charges
A charge with Axis Bank Limited amounted to Rs. 90.00 Lakh with Charge ID 100676963 was registered on 28 Jan 2023.
Ceased
Sandeep Kumar ceased to be Director.
Appointed
Parul Garg was appointed as Whole-Time Director.
Ceased
Shikha Garg ceased to be Director.
Ceased
Aarti Khare ceased to be Additional Director.
Ceased
Apoorv Garg ceased to be Director.
Ceased
Shikhar Bansal ceased to be Additional Director.
Appointed
Shikhar Bansal was appointed as Director.
Ceased
Umang Bansal ceased to be Director.
Ceased
Parul Garg ceased to be Director.
1 earlier event is in the company report.
Frequently asked questions
Spearhead Research India is an active private limited company based in New Delhi, Delhi, India. The company works in wholesale, within the trading industry. It was incorporated on 15 November 2007 (19+ years old) and is registered under CIN U73100DL2007PTC170472.
Spearhead Research India has 2 current directors:
- Parul Garg - Whole-Time Director
- Shikhar Bansal - Director
The latest financial statements of Spearhead Research India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Spearhead Research India is 07AALCS8641K1ZR, registered in Delhi.
The CIN (Corporate Identification Number) of Spearhead Research India is U73100DL2007PTC170472. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spearhead Research India was incorporated on 15 November 2007, making it 19+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Spearhead Research India by revenue are Faz Infosolutions Private Limited, Svar Fragrances and Flavors Private Limited, Bishnoi Infrastructure Private Limited, Hathisara Fashion Private Limited, Shree Ganesh Pulp Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Sandeep Kumar ceased to be Director on 04 Nov 2022. Parul Garg was appointed as Whole-Time Director on 02 Nov 2022. Shikha Garg ceased to be Director on 30 Sep 2022. Spearhead Research India has 9 board changes on record in total.
Yes, Spearhead Research India is registered as a small enterprise under Udyam registration (number: UDYAM-DL-08-0022606).
The registered office of Spearhead Research India is at 19812 – 13 2nd Floor Ramesh Market East Of Kailash New Delhi, Delhi, India – 110065.
Spearhead Research India operates in the trading industry, in the wholesale segment.
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