About Specialized Process Innovation Private Limited
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Specialized Process Innovation Private Limited is a private limited company based in Mysore, Karnataka, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 26 December 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74140KA2003PTC033093. Its GSTIN is 29AAICS3837J1ZU (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹31.43 Lakh. It is led by directors including Siddhartha Mookerji (Managing Director) and Sophie Dhevakirthi Mookerji.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 406 Contour Road, Mysore, Karnataka, India – 570002.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.05 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net profit of ₹5.88 Cr (net margin 39.1%) and EBITDA of ₹9.24 Cr (EBITDA margin 61.4%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 11% over five years.
The company is associated with 1 brand: SPI. As per MCA filings, the company has satisfied charges of ₹19.56 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spi.com.
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- Website
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- Registered Address406 Contour Road, Mysore, Karnataka, India – 570002
- IndustryFinancial Services, Real Estate Financing
- 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
Competitors & Alternatives of Specialized Process Innovation Private Limited
Brands and companies operating in the same space as Specialized Process Innovation Private Limited include Bizom, RELEX, Wasoko and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Bizom | Retail intelligence platform is developed for brands and B2B retailers. | Bengaluru, India | 2008 |
 RELEX | Unified platform for retail and supply chain planning is offered. | Helsinki, Finland | 2005 |
 Wasoko | Online B2B marketplace offering groceries for enterprises | Nairobi, Kenya | 2013 |
 CallidusCloud | Cloud-based solutions for sales, marketing, and pipeline management are provided. | Pleasanton, United States | 1996 |
 Manhattan Associates | Cloud-enabled unified commerce and supply chain solutions are provided. | Atlanta, United States | 1990 |
 Vend | Cloud-based retail POS solutions | San Francisco, United States | 2010 |
 ZopSmart | Omni-channel solutions are provided for offline businesses. | Bengaluru, India | 2011 |
 Jushuitan | SaaS-based ERP solutions are provided for e-commerce operations management. | Hangzhou, China | 2014 |
Business Activity of Specialized Process Innovation Private Limited
The main business activity of Specialized Process Innovation is real estate. In detail, this covers real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | 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.
Auditor Details of Specialized Process Innovation Private Limited
Specialized Process Innovation Private Limited is audited by PERUMAL AND ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PERUMAL AND ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
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- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Specialized Process Innovation Private Limited
Specialized Process Innovation has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sophie Dhevakirthi Mookerji Also directs: Software Paradigms (India) Private Limited, Silicon Rd Ideation Labs Private Limited, Silicon Road Foundation and 1 more | Director | 26 Dec 2003 | 22 Years 9 Months | Current |
| Stephen Gilbert Martis | Director | 21 Sep 2015 | 11 Years 0 Months | Current |
| Chhanda Mookerji | Director | 26 Dec 2003 | 22 Years 9 Months | Current |
| Siddhartha Mookerji Also directs: Software Paradigms (India) Private Limited, Silicon Rd Ideation Labs Private Limited, Silicon Road Foundation and 1 more | Managing Director | 26 Dec 2003 | 22 Years 9 Months | Current |
Financials of Specialized Process Innovation Private Limited FY 2024 filings available
Specialized Process Innovation Private Limited reported revenue of ₹15.05 Cr (up 36% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Specialized Process Innovation Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 36% growth in the latest year. EBITDA rose 22% 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 Specialized Process Innovation Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹9.24 Cr | •••• | •••• | •••• | •••• |
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| Net Profit (PAT) | ₹5.88 Cr | •••• | •••• | •••• | •••• |
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Financial Ratios of Specialized Process Innovation Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 61.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 39.1% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
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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 Specialized Process Innovation are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
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Verified entity values are shown only after access is granted.
Ownership and Shareholding of Specialized Process Innovation 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 Specialized Process Innovation Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Jun 2010 | State Bank of Mysore | ₹2 Cr | Satisfied |
| 30 Sep 2008 | State Bank of Mysore | ₹4.56 Cr | Satisfied |
| 20 Mar 2006 | State Bank of Mysore | ₹13 Cr | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Specialized Process Innovation Private Limited
Employment history and EPFO contributions of people linked to Specialized Process Innovation.
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
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GST Compliance of Specialized Process Innovation Private Limited
Specialized Process Innovation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICS3837J1ZU | Karnataka | 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
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Credit Ratings, Litigation & Regulatory Alerts for Specialized Process Innovation 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
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MSME Payment Delays by Specialized Process Innovation 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
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Subsidiaries & Group Companies of Specialized Process Innovation 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
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MCA Filings & Documents of Specialized Process Innovation 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
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- Complete filing index
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Recent Activity on Specialized Process Innovation Private Limited
Frequently Asked Questions about Specialized Process Innovation Private Limited
Specialized Process Innovation is an active private limited company based in Mysore, Karnataka, India. The company works in real estate financing, within the financial services industry. It was incorporated on 26 December 2003 (23+ years old) and is registered under CIN U74140KA2003PTC033093.
Specialized Process Innovation reported revenue of ₹15.05 Cr for FY 2024 (up 36% YoY).
Specialized Process Innovation has 4 current directors:
- Siddhartha Mookerji - Managing Director
- Sophie Dhevakirthi Mookerji - Director
- Stephen Gilbert Martis - Director
- Chhanda Mookerji - Director
Specialized Process Innovation reported a net profit of ₹5.88 Cr (net margin 39.1%) and EBITDA of ₹9.24 Cr (EBITDA margin 61.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Specialized Process Innovation is 19% over three years and 11% over five years. In the latest year (FY 2024) revenue rose 36%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Specialized Process Innovation is 29AAICS3837J1ZU, registered in Karnataka.
The CIN (Corporate Identification Number) of Specialized Process Innovation is U74140KA2003PTC033093. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Specialized Process Innovation was incorporated on 26 December 2003, making it 23+ years old. It is registered with the Registrar of Companies, Bangalore.
Specialized Process Innovation can be reached through the website spi.com. Its registered office is in Mysore, Karnataka, India.