Spectra Pipes Private Limited

Spectra Pipes Private Limited - manufacturing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U25209KA2010PTC055400 Incorporated 05 October 2010 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company manufacturing MSME · Medium
Data last updated
Revenue · FY 2020
₹84.49 Cr
▼ 26% YoY
Net loss · FY 2020
₹1.2 Cr
Net margin -1.4%
EBITDA · FY 2020
₹4.58 Cr
EBITDA margin 5.4%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹9.3 Cr
Issued & subscribed
Open charges
₹50.55 Cr
Satisfied ₹15 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
42
Provident fund records

About Spectra Pipes Private Limited

Data last updated:

Spectra Pipes Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 05 October 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U25209KA2010PTC055400. Its GSTIN is 29AAOCS9540C1ZZ (Karnataka). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.3 Cr. It is led by directors Shravan Anil Mehra (Managing Director) and Anil Kranti Mohan Mehra.

Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at No. B3 1st Floor Jyothi Complex No. 134/1 Infantry Road, Bangalore, Karnataka, India – 560001.

As per the financials filed for FY 2020, the company reported a revenue of ₹84.49 Cr, a decline of 26% compared to the previous year. For the same year it recorded a net loss of ₹1.2 Cr (net margin -1.4%) and EBITDA of ₹4.58 Cr (EBITDA margin 5.4%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 16% over five years.

The company has about 42 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹50.55 Cr and satisfied charges of ₹15 Cr on record. Court records list 74 cases involving the company, including 9 filed by the company and 65 filed against it; 8 cases are pending. The company has 3 deals on record (3 funding rounds), with disclosed funding of ₹6.77 Cr; the latest was in March 2019. The company has 2 MSME Form 1 returns on record between 2019 and 2020, listing 71 overdue payments to 15 micro and small suppliers.

Spectra Pipes Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-22-0003841). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spectrapipes.com.

Company details

CIN U25209KA2010PTC055400
Registration Number 055400
Incorporation Date 05 October 2010
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-22-0003841

Recognitions & Rankings of Spectra Pipes

MSME (Udyam registered) Ministry of MSME
Category
Medium (2021-22)
Udyam number
UDYAM-KR-22-0003841

Contact details

Spectra Pipes Private Limited's registered office is in Bangalore, Karnataka. Its website is spectrapipes.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    No. B3 1st Floor Jyothi Complex No. 134/1 Infantry Road, Bangalore, Karnataka, India – 560001
  • Industry
    Manufacturing, Pipe & Tubes

To see the full contact details of Spectra Pipes Private Limited, buy the company report.

Comprehensive company report
Spectra Pipes 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
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Business activity

The main business activity of Spectra Pipes is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products

To see the full business activity and turnover split of Spectra Pipes Private Limited, buy the company report.

Financials of Spectra Pipes Private Limited

FY 2020 filings available

Spectra Pipes Private Limited reported revenue of ₹84.49 Cr (down 26% YoY) for FY 2020.

Revenue · FY 2020
₹84.49 Cr ▼ 26%
Net loss · FY 2020
₹1.2 Cr margin -1.4%
EBITDA · FY 2020
₹4.58 Cr margin 5.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 26%
3 years · compounded
▲ 11%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▼ 17%
3 years · compounded
▲ 4%
5 years · compounded
▲ 10%

Revenue fell 26% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 16%. EBITDA fell 17% 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

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹84.49 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹4.58 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.2 Cr
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

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profitability
EBITDA Margin5.4%
Net Profit Margin-1.4%
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 Spectra Pipes Private Limited, buy the company report.

Board of directors of Spectra Pipes Private Limited

Spectra Pipes has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Anil Kranti Mohan MehraDirector02 May 20179 Years 6 MonthsCurrent
Shravan Anil MehraManaging Director05 Oct 201016 Years 0 MonthsCurrent

Auditor

Spectra Pipes Private Limited is audited by Sudhakar Pai Associates for the financial year 2020.

Auditor firmFinancial yearFirm registration number
Sudhakar Pai AssociatesFY 2020004171S

Shareholding

The shareholding of Spectra Pipes Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2020FY 2019FY 2018FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Spectra Pipes Private Limited, buy the company report.

Charges & borrowings

Open charges
₹50.55 Cr
Satisfied charges
₹15 Cr
Breakdown by lending institutions
Axis Bank Limited₹41.55 Cr
Tata Capital Financial Services Limited₹4.64 Cr
Others₹3.80 Cr
Reliance Capital Ltd₹0.56 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
10 Aug 2022100620949Tata Capital Financial Services Limited₹20.75 LakhOpen
12 Mar 2021100426224Tata Capital Financial Services Limited₹82 LakhOpen
28 Jan 2021100415356Tata Capital Financial Services Limited₹41.5 LakhOpen
13 Dec 2018100226556Others₹1.25 CrOpen
25 Nov 2018100228211Others₹46 LakhOpen

To see the full charge records of Spectra Pipes Private Limited, buy the company report.

Total charge records: 12 View all charges

Deals & funding

Spectra Pipes Private Limited has 3 deals on record (3 funding rounds), with disclosed funding of ₹6.77 Cr; the latest was in March 2019.

Total deals
3
Funding rounds
3
Disclosed funding
₹6.77 Cr

Deals on record (3 of 3)

WhenDealAmountParties
Mar 2019Funding round₹2 CrInvestors: M S Retail Private Limited
Dec 2015Funding round₹3.88 CrInvestors: 2 individuals
Mar 2011Funding round₹89.6 LakhInvestors: 4 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Spectra Pipes Private Limited was last rated by Brickwork on 11 Nov 2019.

Rating agencyRated onRating
Brickwork11 Nov 2019

To see the full credit ratings and regulatory alerts of Spectra Pipes Private Limited, buy the company report.

MSME payment delays

Spectra Pipes Private Limited has 2 MSME Form 1 returns on record between 2019 and 2020, listing 71 overdue payments to 15 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 15)

SupplierAmount dueDue sinceReported on
an individual supplier
Concept Diversipack Marketing Private Limited
Jade Rubber Products P.Ltd.
Shital Industries Private Limited
Rewa Stabilizers and Lubricants Private Limited

To see the full MSME payment records of Spectra Pipes Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Spectra Pipes has 1 associated company. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.

1
Associated companies

Employees & EPFO

Spectra Pipes Private Limited has a workforce of 42 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
42
Active EPFO establishments
1
Employee growth
-34.38%

GST

Spectra Pipes has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
29AAOCS9540C1ZZKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Spectra Pipes Private Limited, buy the company report.

Recent activity

Spectra Pipes Private Limited has 6 board changes on record since 2010: 2 appointments and 4 cessations. The latest: Gunjan Partani ceased to be Company Secretary on 15 May 2020.

Charges
A charge with Tata Capital Financial Services Limited amounted to Rs. 0.21 Cr with Charge ID 100620949 was registered on 10 Aug 2022.
Charges
A charge with Tata Capital Financial Services Limited amounted to Rs. 0.82 Cr with Charge ID 100426224 was registered on 12 Mar 2021.
Charges
A charge with Tata Capital Financial Services Limited amounted to Rs. 0.42 Cr with Charge ID 100415356 was registered on 28 Jan 2021.
AGM
Spectra Pipes Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
Ceased
Gunjan Partani ceased to be Company Secretary.
Filing
Spectra Pipes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Bangalore.
Charges
A charge with Axis Bank Limited of Rs. 41.55 Cr registered on 25 Jul 2017 with Charge ID 100117812 was modified on 18 Mar 2019.
Charges
A charge with Others amounted to Rs. 1.25 Cr with Charge ID 100226556 was registered on 13 Dec 2018.
Charges
A charge with Others amounted to Rs. 0.46 Cr with Charge ID 100228211 was registered on 25 Nov 2018.
Charges
A charge with Others amounted to Rs. 0.33 Cr with Charge ID 100164138 was registered on 12 Mar 2018.
Charges
A charge with Others amounted to Rs. 1.76 Cr with Charge ID 100157245 was registered on 14 Feb 2018.
Charges
A charge with Tata Capital Financial Services Limited amounted to Rs. 1.50 Cr with Charge ID 100144797 was registered on 12 Dec 2017.

12 earlier events are in the company report.

Frequently asked questions

Spectra Pipes is an active private limited company based in Bangalore, Karnataka, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 05 October 2010 (16+ years old) and is registered under CIN U25209KA2010PTC055400.

Spectra Pipes has 2 current directors:

The latest financial statements of Spectra Pipes on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.

The GSTIN of Spectra Pipes is 29AAOCS9540C1ZZ, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Spectra Pipes is U25209KA2010PTC055400. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Spectra Pipes has 74 court cases on record: 9 filed by the company and 65 filed against it. 8 are pending. Most are in the district courts.

Spectra Pipes was incorporated on 05 October 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.

Spectra Pipes has 3 deals on record (3 funding rounds), with disclosed funding of ₹6.77 Cr; the latest was in March 2019.

Gunjan Partani ceased to be Company Secretary on 15 May 2020. Monika Anil Mehra ceased to be Director on 03 May 2017. Anil Kranti Mohan Mehra was appointed as Director on 02 May 2017. Spectra Pipes has 6 board changes on record in total.

Yes, Spectra Pipes is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-22-0003841).

Spectra Pipes has 2 MSME Form 1 returns on record between 2019 and 2020, listing 71 overdue payments to 15 micro and small suppliers. The latest return was filed on 29 Jun 2020.