About Spel Semiconductor Limited
Data last updated:
Spel Semiconductor Limited is a public limited company based in Maraimalai Nagar, Tamil Nadu, India, a subsidiary of Natronix Semiconductor Technology Private Limited. It operates in the semiconductor products and services segment of the technology and IT services sector. It was incorporated on 26 December 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN L32201TN1984PLC011434. Its GSTIN is 33AAACS8519B2ZO (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active. Its shares are listed on BSE: 517166.
The company has an authorised share capital of ₹60 Cr and a paid-up capital of ₹59.08 Cr. It was formerly known as Spic Electronic and System Limited and Spic Electronics and Systems Limited. It is led by directors including Palanichamy Balamurugan (Whole-Time Director) and Venkatesh Ramanujam.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 5 Cmda Industrial Estate, Maraimalai Nagar, Tamil Nadu, India – 603209.
As per the financials filed for FY 2023, the company reported a revenue of ₹18.13 Cr, a growth of 6.6% compared to the previous year.
The company has about 112 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: SPEL semiconductor and Natronix. As per MCA filings, the company has open charges of ₹20.75 Cr and satisfied charges of ₹65.17 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 natronix.net.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address5 Cmda Industrial Estate, Maraimalai Nagar, Tamil Nadu, India – 603209
- IndustryInformation Technology, Semiconductor Products & Services
- 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
Name History of Spel Semiconductor Limited
Spel Semiconductor has undergone 3 name changes throughout its history. The company was previously known as Spic Electronic And System Limited, Spic Electronics And Systems Limited, and Spic Electronics And Systems Private Limited. The current legal name is Spel Semiconductor Limited.
| Company Name | Status |
|---|---|
| Spel Semiconductor Limited | Current |
| Spic Electronic And System Limited | Previous |
| Spic Electronics And Systems Limited | Previous |
| Spic Electronics And Systems Private Limited | Previous |
Associated Brands with Spel Semiconductor Limited
Spel Semiconductor operates two associated brands: SPEL semiconductor and Natronix. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Outsourced semiconductor assembly and test services are provided in India. | spel.com | |
| Specializes in semiconductor packaging and design services. | natronix.net |
Business Activity of Spel Semiconductor Limited
Spel Semiconductor operates primarily in the manufacturing sector. One business activity is registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Manufacturing | Locked | Computer, electronic, Communication and scientific measuring & control equipment | Locked |
Detailed business activity records
Activity codes and each activity's share of turnover are in the company report.
- Activity group codes
- Detailed activity codes
- Turnover contribution
Verified entity values are shown only after access is granted.
Auditor Details of Spel Semiconductor Limited
Spel Semiconductor Limited is audited by VENKATESH & CO CHARTERED ACCOUNTANTS for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VENKATESH & CO CHARTERED ACCOUNTANTS | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Spel Semiconductor Limited
Spel Semiconductor has 6 current directors and 29 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkatesh Ramanujam | Director | 29 May 2024 | 2 Years 4 Months | Current |
| Nakkeeran Ekambaram Also directs: Brainwave Biotechnology Private Limited | Director | 28 Jul 2023 | 3 Years 2 Months | Current |
| Venkatasubramanian V Meenakshi | Director | 24 Jun 2024 | 2 Years 3 Months | Current |
| Nagarajan Govindan | Director | 13 Aug 2025 | 1 Years 1 Months | Current |
| Swaminathan Chandramohan | Director | 11 Feb 2019 | 7 Years 7 Months | Current |
| Palanichamy Balamurugan Also directs: Spel Semiconductor Packaging Limited | Whole-Time Director | 14 Feb 2023 | 3 Years 7 Months | Current |
Financials of Spel Semiconductor Limited FY 2025 filings available
Spel Semiconductor Limited reported revenue of ₹18.13 Cr (up 6.6% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Spel Semiconductor Limited
Revenue rose 6.6% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Spel Semiconductor Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹18.13 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| 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 of Spel Semiconductor Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Spel Semiconductor are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Spel Semiconductor 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 Spel Semiconductor Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Oct 2016 | Sbicap Trustee Company Limited | ₹7 Cr | Open |
| 10 Jan 2006 | Indian Overseas Bank | ₹13.75 Cr | Open |
| 04 Aug 2020 | Indian Overseas Bank | ₹1 Cr | Satisfied |
| 03 Nov 2010 | Allahabad Bank | ₹26.28 Cr | Satisfied |
| 05 Jun 2000 | State Bank of Hyderabad | ₹4 Cr | Satisfied |
Total charge records: 13 View all charges
Employees and EPFO Compliance at Spel Semiconductor Limited
Spel Semiconductor Limited has a workforce of 112 employees as of Apr 05, 2024.
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
Verified entity values are shown only after access is granted.
GST Compliance of Spel Semiconductor Limited
Spel Semiconductor has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACS8519B2ZO | Tamil Nadu | 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
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Spel Semiconductor 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
Verified entity values are shown only after access is granted.
MSME Payment Delays by Spel Semiconductor 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
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Spel Semiconductor 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
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Spel Semiconductor 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
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Spel Semiconductor Limited
Frequently Asked Questions about Spel Semiconductor Limited
Spel Semiconductor is an active public limited company based in Maraimalai Nagar, Tamil Nadu, India. The company works in semiconductor products and services, within the information technology industry. It was incorporated on 26 December 1984 (42+ years old) and is registered under CIN L32201TN1984PLC011434. Listed on BSE: 517166.
Spel Semiconductor reported revenue of ₹18.13 Cr for FY 2023 (up 6.6% YoY).
Spel Semiconductor has 6 current directors:
- Palanichamy Balamurugan - Whole-Time Director
- Venkatesh Ramanujam - Director
- Nakkeeran Ekambaram - Director
- Venkatasubramanian V Meenakshi - Director
- Nagarajan Govindan - Director
- Swaminathan Chandramohan - Director
The GSTIN of Spel Semiconductor is 33AAACS8519B2ZO, registered in Tamil Nadu. 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 Spel Semiconductor is L32201TN1984PLC011434. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Spel Semiconductor is listed on BSE with code 517166.
Spel Semiconductor was incorporated on 26 December 1984, making it 42+ years old. It is registered with the Registrar of Companies, Chennai.
Spel Semiconductor can be reached through the website natronix.net. Its registered office is in Maraimalai Nagar, Tamil Nadu, India.
The registered office of Spel Semiconductor is at 5 Cmda Industrial Estate, Maraimalai Nagar, Tamil Nadu, India – 603209.