- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0184236

About Spectron Engineers Private Limited
Data last updated:
Spectron Engineers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the oil and gas infrastructure services segment of the energy and power sector. It was incorporated on 21 December 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28920MH1995PTC095559. Its GSTIN is 27AABCS6119G1ZF (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.1 Cr. It is led by directors including Ollukaran Kanjipallu Varghese and Spencer Ollukaran Varghese.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹90.32 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹3.6 Cr (net margin 4%) and EBITDA of ₹12.21 Cr (EBITDA margin 13.5%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 17% over five years.
The company has about 394 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹50 Cr and satisfied charges of ₹16.07 Cr on record. Court records list 17 cases involving the company, including 12 filed by the company and 5 filed against it; 4 cases are pending. The company has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹1 Cr; the latest was in February 2017.
Spectron Engineers Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0184236). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spectron.in.
Company details
Recognitions & Rankings of Spectron Engineers
Contact details
Spectron Engineers Private Limited's registered office is in Mumbai, Maharashtra. Its website is spectron.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address129 Andheri Industrial Premises Co – Operative Society Limited Off Veera Desai Road A, Ndheri (W), Mumbai, Maharashtra, India – 400058
- IndustryEnergy and Power, Oil & Gas Infrastructure Services
To see the full contact details of Spectron Engineers 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
Business activity
The main business activity of Spectron Engineers is mining and quarrying. In detail, this covers mining support services activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| B | Mining and quarrying | B5 | Mining Support Services activities |
To see the full business activity and turnover split of Spectron Engineers Private Limited, buy the company report.
Financials of Spectron Engineers Private Limited
FY 2024 filings availableSpectron Engineers Private Limited reported revenue of ₹90.32 Cr (up 12% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 12% growth in the latest year. EBITDA rose 32% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹12.21 Cr | ||||
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| Net Profit (PAT) | ₹3.6 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 13.5% | ||||
| Net Profit Margin | 4% | ||||
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To see the full financial statements and ratios of Spectron Engineers Private Limited, buy the company report.
Board of directors of Spectron Engineers Private Limited
Spectron Engineers has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ollukaran Kanjipallu Varghese Also directs: Mani Infotech Private Limited, Coating & Lining Solutions LLP, Spectron Safety Systems Private Limited and 5 more | Director | 21 Dec 1995 | 30 Years 10 Months | Current |
| Spencer Ollukaran Varghese Also directs: Mani Infotech Private Limited, Spectron Safety Systems Private Limited, Alliance Oil Field Products Private Limited and 3 more | Director | 31 Dec 2009 | 16 Years 9 Months | Current |
| Meena Varghese Ollukaran Also directs: Mani Infotech Private Limited | Director | 21 Dec 1995 | 30 Years 10 Months | Current |
Auditor
Spectron Engineers Private Limited is audited by D.S.K. & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D.S.K. & ASSOCIATES | FY 2023 | 117710W |
Shareholding
The shareholding of Spectron Engineers Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Spectron Engineers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Aug 2004 | 90151206 | Others | ₹50 Cr | Open | |
| 30 Jan 2019 | 100236873 | Others | ₹8 Cr | Satisfied | |
| 30 Jan 2019 | 100236875 | Others | ₹2 Cr | Satisfied | |
| 09 Aug 2018 | 100219117 | Others | ₹9.68 Lakh | Satisfied | |
| 09 Aug 2018 | 100219120 | Others | ₹9.68 Lakh | Satisfied |
To see the full charge records of Spectron Engineers Private Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Spectron Engineers Private Limited has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹1 Cr; the latest was in February 2017.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Banphool Sale Private Limited , Growfast Realtors Private Limited |
| Feb 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Affiliated Management Services Private Limited , Dharmesh Trading Private Limited |
| Jun 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Prabal Mercantile Private Limited , Ronit Mercantile Private Limited |
| Mar 2012 | Funding round | ₹1 Cr | Investors: Prabal Mercantile Private Limited , Ronit Mercantile Private Limited , Banphool Sale Private Limited |
| Feb 2006 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Elpee Corporate Services Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Spectron Engineers Private Limited has 17 court cases on record: 12 filed by Spectron Engineers, 5 filed against it. 4 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 2 | 3 |
| District courts | 5 | 2 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Rajasthan | Interim or miscellaneous application | Filed by the company against Oil India Ltd. | Pending |
| High Court of Rajasthan | Writ petition | Filed by the company against Oil India Ltd. | Pending |
| High Court of Rajasthan | Writ petition | Filed by the company against Oil India Ltd. | Disposed |
| High Court of Rajasthan | Interim or miscellaneous application | Filed by the company against Oil India Ltd. | Disposed |
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed by the company against Oil and Natural Gas Corporation Limited | Disposed |
To see the full case history of Spectron Engineers Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Spectron Engineers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Spectron Engineers Private Limited has a workforce of 394 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.
GST
Spectron Engineers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCS6119G1ZF | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Spectron Engineers Private Limited, buy the company report.
Recent activity
Spectron Engineers Private Limited has 3 board changes on record since 1995: 3 appointments. The latest: Spencer Ollukaran Varghese was appointed as Director on 31 Dec 2009.
12 earlier events are in the company report.
Frequently asked questions
Spectron Engineers is an active private limited company based in Mumbai, Maharashtra, India. The company works in oil and gas infrastructure services, within the energy and power industry. It was incorporated on 21 December 1995 (31+ years old) and is registered under CIN U28920MH1995PTC095559.
Spectron Engineers has 3 current directors:
- Ollukaran Kanjipallu Varghese - Director
- Spencer Ollukaran Varghese - Director
- Meena Varghese Ollukaran - Director
The latest financial statements of Spectron Engineers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Spectron Engineers is 27AABCS6119G1ZF, registered in Maharashtra. 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 Spectron Engineers is U28920MH1995PTC095559. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spectron Engineers has 17 court cases on record: 12 filed by the company and 5 filed against it. 4 are pending. Most are in the high courts.
Spectron Engineers was incorporated on 21 December 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Spectron Engineers has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹1 Cr; the latest was in February 2017.
Spencer Ollukaran Varghese was appointed as Director on 31 Dec 2009. Meena Varghese Ollukaran was appointed as Director on 21 Dec 1995. Ollukaran Kanjipallu Varghese was appointed as Director on 21 Dec 1995.
Yes, Spectron Engineers is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0184236).