MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0011003
Spectrum Tool Engineers Private Limited - machinery and equipment in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹71.36 Cr
▲ 6% YoY
Net profit · FY 2024
₹3.85 Cr
Net margin 5.4%
EBITDA · FY 2024
₹11.96 Cr
EBITDA margin 16.8%
Authorised capital
₹16.3 Cr
Registered with MCA
Paid-up capital
₹14.69 Cr
Issued & subscribed
Open charges
₹94.93 Cr
Satisfied ₹87.95 Cr
Company age
24 yrs
Est. 2002
Employees · EPFO
108
Provident fund records
About Spectrum Tool Engineers Private Limited
Data last updated:
Spectrum Tool Engineers Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 26 March 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U27320KA2002PTC030278. Its GSTIN is 29AAICS2355M1ZT (Karnataka).
The company has an authorised share capital of ₹16.3 Cr and a paid-up capital of ₹14.69 Cr. It is led by directors including Venkatesh Sudarshan (Managing Director) and Calicut Sethmadavarao Venktesh.
Its last annual general meeting (AGM) was held on 31 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No. 97 And 100 Petechannappa Industrial Estate Kamakshipalya Magadi Main Road, Bengaluru, Karnataka, India – 560079.
As per the financials filed for FY 2024, the company reported a revenue of ₹71.36 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹3.85 Cr (net margin 5.4%) and EBITDA of ₹11.96 Cr (EBITDA margin 16.8%). Revenue has grown at a compounded annual rate (CAGR) of 7% over five years.
The company has about 108 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹94.93 Cr and satisfied charges of ₹87.95 Cr on record. Court records list 28 cases involving the company, including 3 filed by the company and 25 filed against it; 10 cases are pending.
Spectrum Tool Engineers Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0011003). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spectrummoulds.com.
Company details
CIN U27320KA2002PTC030278
Registration Number 030278
Incorporation Date 26 March 2002
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0011003
Key People
Venkatesh Sudarshan Managing Director Calicut Sethmadavarao Venktesh Director Sheshagiri Rajeshwari Director Recognitions & Rankings of Spectrum Tool Engineers
Contact details
Spectrum Tool Engineers Private Limited's registered office is in Bengaluru, Karnataka. Its website is spectrummoulds.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 97 And 100 Petechannappa Industrial Estate Kamakshipalya Magadi Main Road, Bengaluru, Karnataka, India – 560079
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Spectrum Tool Engineers Private Limited, buy the company report.
Comprehensive company report
Spectrum Tool Engineers 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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Secure checkout · GST invoice included
Business activity
The main business activity of Spectrum Tool Engineers is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products and metal and metal products. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | |
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Spectrum Tool Engineers Private Limited, buy the company report.
Financials of Spectrum Tool Engineers Private Limited
FY 2024 filings availableSpectrum Tool Engineers Private Limited reported revenue of ₹71.36 Cr (up 6% YoY) for FY 2024.
Revenue · FY 2024
₹71.36 Cr ▲ 6%
Net profit · FY 2024
₹3.85 Cr margin 5.4%
EBITDA · FY 2024
₹11.96 Cr margin 16.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 6%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▲ 17%
5 years · compounded
▲ 17%
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 6% growth in the latest year. EBITDA rose 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹11.96 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.85 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.8% | ||||
| Net Profit Margin | 5.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Spectrum Tool Engineers Private Limited, buy the company report.
Board of directors of Spectrum Tool Engineers Private Limited
Spectrum Tool Engineers has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Calicut Sethmadavarao Venktesh | Director | 26 Mar 2002 | 24 Years 6 Months | Current |
| Sheshagiri Rajeshwari Also directs: Spectrum Techvision Private Limited | Director | 26 Mar 2002 | 24 Years 6 Months | Current |
| Venkatesh Sudarshan Also directs: Spectrum Annapurna MSCL Smart City LLP, Spectrum Annapurna DSCL Smart City LLP, Spectrum Techvision Private Limited and 1 more | Managing Director | 26 Mar 2002 | 24 Years 6 Months | Current |
Auditor
Spectrum Tool Engineers Private Limited is audited by R.M. SHETTY & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.M. SHETTY & COMPANY | FY 2023 | 008995S |
Shareholding
The shareholding of Spectrum Tool Engineers 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 Spectrum Tool Engineers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹94.93 Cr
Satisfied charges
₹87.95 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Jan 2025 | 101030665 | Others | ₹67.81 Lakh | Open | |
| 08 Apr 2024 | 100911416 | Sidbi | ₹2.4 Cr | Open | |
| 06 Sep 2023 | 100786239 | State Bank of India | ₹80.77 Cr | Open | |
| 19 Apr 2023 | 100709807 | Sidbi | ₹7.65 Cr | Open | |
| 03 Mar 2023 | 100709893 | Sidbi | ₹2.54 Cr | Open |
To see the full charge records of Spectrum Tool Engineers Private Limited, buy the company report.
Total charge records: 35 View all charges
Legal cases
Spectrum Tool Engineers Private Limited has 28 court cases on record: 3 filed by Spectrum Tool Engineers, 25 filed against it. 10 cases are pending and 18 are disposed.
Total cases
28
Filed by the company
3
Filed against the company
25
Pending
10
Disposed
18
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 24 | 23 | 7 |
| High courts | 4 | 2 | 3 |
Cases on record (5 of 28)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Criminal miscellaneous application | Filed against the company by Rexel India Private Limited Through Mr Deepak Chandrakant Chavan | Pending |
| High Court of Karnataka | Arbitration matter | Filed against the company by Seva Switchgear Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.Misc.) | Filed against the company by Seva Switchgear Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by Seva Switchgear Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by HDFC Bank Ltd. and 38 others | Pending |
To see the full case history of Spectrum Tool 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.
Credit ratings & regulatory alerts
Spectrum Tool Engineers Private Limited was last rated by Crisil on 07 May 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 07 May 2019 |
To see the full credit ratings and regulatory alerts of Spectrum Tool Engineers Private Limited, buy the company report.
MSME payment delays
Spectrum Tool Engineers Private Limited has 5 MSME Form 1 returns on record between 2019 and 2024, listing 217 overdue payments to 21 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 21)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Spectrum Tool Engineers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Spectrum Tool Engineers Private Limited has a workforce of 108 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
Employee count
108
Active EPFO establishments
1
Employee growth
6.93%
GST
Spectrum Tool Engineers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICS2355M1ZT | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Spectrum Tool Engineers Private Limited, buy the company report.
Recent activity
Spectrum Tool Engineers Private Limited has 4 board changes on record since 2002: 3 appointments and 1 cessation. The latest: Venkatesh Sudarshan ceased to be Director on 31 Mar 2025.
Charges
A charge registered on 30 Jul 2018 via Charge ID 100231266 with Others was fully satisfied on 26 Aug 2025.
Charges
A charge registered on 31 Aug 2017 via Charge ID 100281776 with Axis Bank Limited was fully satisfied on 26 Aug 2025.
Ceased
Venkatesh Sudarshan ceased to be Director.
Charges
A charge with Others amounted to Rs. 0.68 Cr with Charge ID 101030665 was registered on 06 Jan 2025.
AGM
Spectrum Tool Engineers Private Limited last Annual general meeting of members was held on 31 Dec 2024 as per latest MCA records.
Charges
A charge with State Bank Of India of Rs. 80.77 Cr registered on 06 Sep 2023 with Charge ID 100786239 was modified on 26 Sep 2024.
Charges
A charge registered on 09 Mar 2022 via Charge ID 100547506 with Axis Bank Limited was fully satisfied on 16 Apr 2024.
Charges
A charge registered on 31 Jan 2019 via Charge ID 100241065 with Axis Bank Limited was fully satisfied on 16 Apr 2024.
Charges
A charge with Sidbi amounted to Rs. 2.40 Cr with Charge ID 100911416 was registered on 08 Apr 2024.
Filing
Spectrum Tool Engineers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with State Bank Of India amounted to Rs. 80.77 Cr with Charge ID 100786239 was registered on 06 Sep 2023.
Charges
A charge with Sidbi amounted to Rs. 7.65 Cr with Charge ID 100709807 was registered on 19 Apr 2023.
66 earlier events are in the company report.
Frequently asked questions
Spectrum Tool Engineers is an active private limited company based in Bengaluru, Karnataka, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 26 March 2002 (24+ years old) and is registered under CIN U27320KA2002PTC030278.
Spectrum Tool Engineers has 3 current directors:
- Venkatesh Sudarshan - Managing Director
- Calicut Sethmadavarao Venktesh - Director
- Sheshagiri Rajeshwari - Director
The latest financial statements of Spectrum Tool Engineers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 December 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Spectrum Tool Engineers is 29AAICS2355M1ZT, registered in Karnataka.
The CIN (Corporate Identification Number) of Spectrum Tool Engineers is U27320KA2002PTC030278. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spectrum Tool Engineers has 28 court cases on record: 3 filed by the company and 25 filed against it. 10 are pending. Most are in the district courts.
Spectrum Tool Engineers was incorporated on 26 March 2002, making it 24+ years old. It is registered with the Registrar of Companies, Bangalore.
Venkatesh Sudarshan ceased to be Director on 31 Mar 2025. Calicut Sethmadavarao Venktesh was appointed as Director on 26 Mar 2002. Sheshagiri Rajeshwari was appointed as Director on 26 Mar 2002. Spectrum Tool Engineers has 4 board changes on record in total.
Yes, Spectrum Tool Engineers is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0011003).
Spectrum Tool Engineers has 5 MSME Form 1 returns on record between 2019 and 2024, listing 217 overdue payments to 21 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Spectrum Tool Engineers can be reached through the website spectrummoulds.com. Its registered office is in Bengaluru, Karnataka, India.