About Spendflo India Private Limited
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Spendflo India Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 19 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72100TN2019PTC133310. Its GSTIN is 33ABDCS1096D2ZL (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Sabari Adamas Industries Private Limited. It is led by directors including Ajay Vardhan Balaji and Siddharth Sridharan.
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 Chennai, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹33.77 Cr, a growth of 131% compared to the previous year. For the same year it recorded a net profit of ₹2.44 Cr (net margin 7.2%) and EBITDA of ₹3.34 Cr (EBITDA margin 9.9%).
The company has about 100 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Spendflo.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spendflo.com.
Company details
CIN history
Spendflo India has one previous CIN (Corporate Identification Number): U40100TN2019PTC133310. The current CIN is U72100TN2019PTC133310, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72100TN2019PTC133310 | Current |
| U40100TN2019PTC133310 | Previous |
Contact details
Spendflo India Private Limited's registered office is in Chennai, Tamil Nadu. Its website is spendflo.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOcean Trinity Square 7B South Phase, Guindy Industrial Estate Guindy, Chennai, Tamil Nadu, India – 600032
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Spendflo India 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
Brands
Spendflo India operates one associated brand: Spendflo. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| SaaS platform for end-to-end procurement and subscription management is provided. | spendflo.com |
Business activity
The main business activity of Spendflo India is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Spendflo India Private Limited, buy the company report.
Financials of Spendflo India Private Limited
FY 2024 filings availableSpendflo India Private Limited reported revenue of ₹33.77 Cr (up 131% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 131% in the latest year. EBITDA rose 173% 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 | ₹3.34 Cr | ||||
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| Net Profit (PAT) | ₹2.44 Cr | ||||
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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 | 9.9% | ||||
| Net Profit Margin | 7.2% | ||||
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To see the full financial statements and ratios of Spendflo India Private Limited, buy the company report.
Board of directors of Spendflo India Private Limited
Spendflo India has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Vardhan Balaji | Director | 22 May 2023 | 3 Years 5 Months | Current |
| Siddharth Sridharan | Director | 19 Dec 2019 | 6 Years 10 Months | Current |
| Rajiv Ramanan | Director | 27 Mar 2023 | 3 Years 7 Months | Current |
Peer comparison
Spendflo India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Oncospark India Private Limited | ₹33.88 Cr (FY 2025) | 6.0% | Chennai, Tamil Nadu, India | |||
| Scry Analytics India Private Limited | ₹33.87 Cr (FY 2025) | 8.0% | New Delhi, Delhi, India | |||
| Datamatrix Technologies Private Limited | ₹33.86 Cr (FY 2025) | -6.0% | Mumbai, Maharashtra, India | |||
| CWD Limited | ₹33.82 Cr (FY 2025) | 59.0% | Mumba, Maharashtra, India | |||
| Zimbra Technology India Private Limited | ₹33.79 Cr (FY 2024) | -11.0% | Pune, Maharashtra, India | |||
| Spendflo India Private Limitedthis company | ₹33.77 Cr (FY 2024) | ₹2.44 Cr | 7.2% | 131.0% | 100 | Chennai, Tamil Nadu, India |
| Aadrika Information Services Private Limited | ₹33.73 Cr (FY 2025) | -3.0% | Indore, Madhya Pradesh, India | |||
| Airo Digital Labs India Private Limited | ₹33.68 Cr (FY 2025) | 37.0% | Noida, Uttar Pradesh, India | |||
| Internet Data Services (India) Private Limited | ₹33.67 Cr (FY 2024) | 12.0% | Mumbai, Maharashtra, India | |||
| Three Meadows Software Private Limited | ₹33.63 Cr (FY 2024) | -1.0% | Bangalore, Karnataka, India | |||
| GC Media Private Limited | ₹33.61 Cr (FY 2024) | 58.0% | Delhi, India |
To see the full peer comparison of Spendflo India Private Limited, buy the company report.
Auditor
Spendflo India Private Limited is audited by Singhvi Dev and Unni LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Singhvi Dev and Unni LLP | FY 2023 | 003867S/S200358 |
Shareholding
The shareholding of Spendflo India Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Spendflo India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Spendflo India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Spendflo India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Spendflo India Private Limited has a workforce of 100 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Spendflo India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33ABDCS1096D2ZL | Tamil Nadu | Active | 27 Feb 2020 |
To see the full GST registrations and return filing status of Spendflo India Private Limited, buy the company report.
Recent activity
Spendflo India Private Limited has 6 board changes on record since 2019: 3 appointments and 3 cessations. The latest: Ajay Vardhan Balaji ceased to be Additional Director on 28 Sep 2023.
Frequently asked questions
Spendflo India is an active private limited company based in Chennai, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 19 December 2019 (7+ years old) and is registered under CIN U72100TN2019PTC133310.
Spendflo India has 3 current directors:
- Ajay Vardhan Balaji - Director
- Siddharth Sridharan - Director
- Rajiv Ramanan - Director
The latest financial statements of Spendflo India 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 FY 2020 are in the company report.
The GSTIN of Spendflo India is 33ABDCS1096D2ZL, 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 Spendflo India is U72100TN2019PTC133310. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spendflo India was incorporated on 19 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Spendflo India by revenue are Oncospark India Private Limited, Scry Analytics India Private Limited, Datamatrix Technologies Private Limited, CWD Limited, Zimbra Technology India Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Ajay Vardhan Balaji ceased to be Additional Director on 28 Sep 2023. Rajiv Ramanan ceased to be Additional Director on 28 Sep 2023. Ajay Vardhan Balaji was appointed as Director on 22 May 2023. Spendflo India has 6 board changes on record in total.
Spendflo India can be reached through the website spendflo.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Spendflo India is at Ocean Trinity Square 7B South Phase, Guindy Industrial Estate Guindy, Chennai, Tamil Nadu, India – 600032.
Spendflo India operates in the information technology industry, in the application development and software solutions segment.