
Spearhead Technoware Solutions Private Limited
About Spearhead Technoware Solutions Private Limited
Data last updated:
Spearhead Technoware Solutions Private Limited was a private limited company based in Rourkela, Odisha, India, operated as a subsidiary of Akashganga Ventures Private Limited. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the geographic information system (gis) solutions segment of the technology and IT services sector. It was incorporated on 21 October 2014.
The company was registered with the Registrar of Companies (ROC), Cuttack, under CIN U72200OR2014PTC018353. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was led by directors Sanjay Agarwal Kumar and Suman Mukherjee.
Its last annual general meeting (AGM) was held on 29 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Power House Road, Rourkela, Odisha, India – 769001.
As per the financials filed for FY 2020, the company reported a revenue of ₹3 Lakh, a decline of 33% compared to the previous year. For the same year it recorded a net profit of ₹1.54 Lakh (net margin 51.4%) and EBITDA of ₹2.32 Lakh (EBITDA margin 77.5%). Revenue has grown at a compounded annual rate (CAGR) of 49% over three years and 41% over five years.
Company details
Contact details
Spearhead Technoware Solutions Private Limited's registered office is in Rourkela, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPower House Road, Rourkela, Odisha, India – 769001
- IndustryInformation Technology, Geographic Information System (GIS) Solutions
To see the full contact details of Spearhead Technoware Solutions Private Limited, buy the company report.
- 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 Spearhead Technoware Solutions Private Limited
FY 2021 filings availableSpearhead Technoware Solutions Private Limited reported revenue of ₹3 Lakh (down 33% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 33% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 41%. EBITDA fell 39% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| 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 | ₹2.32 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.54 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 77.5% | ||||
| Net Profit Margin | 51.4% | ||||
| 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 Spearhead Technoware Solutions Private Limited, buy the company report.
Board of directors of Spearhead Technoware Solutions Private Limited
Spearhead Technoware Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Agarwal Kumar | Director | 21 Oct 2014 | 12 Years 0 Months | As last reported |
| Suman Mukherjee Also directs: Mass Software Solutions Private Limited | Director | 21 Oct 2014 | 12 Years 0 Months | As last reported |
Auditor
Spearhead Technoware Solutions Private Limited is audited by UTTAMKGARG& CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| UTTAMKGARG& CO | FY 2017 | 325853E |
Shareholding
The shareholding of Spearhead Technoware Solutions Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Spearhead Technoware Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Spearhead Technoware Solutions 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 Technoware Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Spearhead Technoware Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Spearhead Technoware Solutions Private Limited, buy the company report.
Recent activity
Spearhead Technoware Solutions Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Sanjay Agarwal Kumar was appointed as Director on 21 Oct 2014.
Frequently asked questions
Spearhead Technoware Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Spearhead Technoware Solutions was a private limited company based in Rourkela, Odisha, India. The company worked in geographic information system (gis) solutions, within the information technology industry. It was incorporated on 21 October 2014 and is registered under CIN U72200OR2014PTC018353. The company has been struck off by the Registrar of Companies and is no longer operational.
Spearhead Technoware Solutions had 2 directors:
- Sanjay Agarwal Kumar - Director
- Suman Mukherjee - Director
The CIN (Corporate Identification Number) of Spearhead Technoware Solutions is U72200OR2014PTC018353. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Spearhead Technoware Solutions is at Power House Road, Rourkela, Odisha, India – 769001.
Spearhead Technoware Solutions was incorporated on 21 October 2014. It is registered with the Registrar of Companies, Cuttack.
The latest financial statements of Spearhead Technoware Solutions on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 29 September 2021. Year-wise statements from 2015 are in the company report.
No. Spearhead Technoware Solutions has 1 GST registration on record and it is cancelled or inactive.
Spearhead Technoware Solutions operated in the information technology industry, in the geographic information system (gis) solutions segment. It worked in this industry before it was struck off.
Sanjay Agarwal Kumar was appointed as Director on 21 Oct 2014. Suman Mukherjee was appointed as Director on 21 Oct 2014.

