MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-32-0001179
Spenzzer Ceramic Private Limited - manufacturing in Morbi, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹11.4 Lakh
▼ 85% YoY
Net loss · FY 2025
₹1.27 Lakh
Net margin -11.1%
EBITDA · FY 2025
-₹50,000
EBITDA margin -4.4%
Authorised capital
₹5.5 Cr
Registered with MCA
Paid-up capital
₹5 Cr
Issued & subscribed
Satisfied charges
₹15.7 Cr
No open charges
Company age
12 yrs
Est. 2014
Employees · EPFO
2
Provident fund records
About Spenzzer Ceramic Private Limited
Data last updated:
Spenzzer Ceramic Private Limited is a private limited company based in Morbi, Gujarat, India. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 09 May 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26933GJ2014PTC079527. Its GSTIN is 24AAUCS5605A1ZH (Gujarat).
The company has an authorised share capital of ₹5.5 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Shailesh Ambaram Bhatasana and Maheshbhai Ambarambhai Bhatasana.
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 S.No.155 P1/P1 Halvad Road Nr.Unchi Mandal Vill.Unchi Mandal, Morbi, Gujarat, India – 363642.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.4 Lakh, a decline of 85% compared to the previous year. For the same year it recorded a net loss of ₹1.27 Lakh (net margin -11.1%) and EBITDA of -₹50,000 (EBITDA margin -4.4%). Revenue has declined at a compounded annual rate (CAGR) of 76% over three years and 60% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹15.7 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company; 2 cases are pending.
Spenzzer Ceramic Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0001179). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spenzzerceramic.com.
Company details
CIN U26933GJ2014PTC079527
Registration Number 079527
Incorporation Date 09 May 2014
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-32-0001179
Key People
Shailesh Ambaram Bhatasana Director Maheshbhai Ambarambhai Bhatasana Director Jaysukhbhai Jethabhai Loriya Director Recognitions & Rankings of Spenzzer Ceramic
Contact details
Spenzzer Ceramic Private Limited's registered office is in Morbi, Gujarat. Its website is spenzzerceramic.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressS.No.155 P1/P1 Halvad Road Nr.Unchi Mandal Vill.Unchi Mandal, Morbi, Gujarat, India – 363642
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
To see the full contact details of Spenzzer Ceramic Private Limited, buy the company report.
Comprehensive company report
Spenzzer Ceramic 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 Spenzzer Ceramic is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| 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 |
To see the full business activity and turnover split of Spenzzer Ceramic Private Limited, buy the company report.
Financials of Spenzzer Ceramic Private Limited
FY 2024 filings availableSpenzzer Ceramic Private Limited reported revenue of ₹11.4 Lakh (down 85% YoY) for FY 2025.
Revenue · FY 2025
₹11.4 Lakh ▼ 85%
Net loss · FY 2025
₹1.27 Lakh margin -11.1%
EBITDA · FY 2025
-₹50,000 margin -4.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 85%
3 years · compounded
▼ 76%
5 years · compounded
▼ 60%
EBITDA CAGR growth
1 year
▲ 100%
3 years · compounded
▼ 26%
5 years · compounded
▼ 15%
Revenue has declined at a compounded annual rate (CAGR) of 60% over five years, including a 85% fall in the latest year. EBITDA rose 100% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | -₹50,000 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.27 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.4% | ||||
| Net Profit Margin | -11.1% | ||||
| 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 Spenzzer Ceramic Private Limited, buy the company report.
Board of directors of Spenzzer Ceramic Private Limited
Spenzzer Ceramic has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shailesh Ambaram Bhatasana Also directs: Duck Sanitaryware LLP | Director | 09 May 2014 | 12 Years 5 Months | Current |
| Maheshbhai Ambarambhai Bhatasana Also directs: Duck Sanitaryware LLP | Director | 09 May 2014 | 12 Years 5 Months | Current |
| Jaysukhbhai Jethabhai Loriya | Director | 09 May 2014 | 12 Years 5 Months | Current |
| Neeteshbhai Pranjivanbhai Fefar | Director | 09 May 2014 | 12 Years 5 Months | Current |
Auditor
Spenzzer Ceramic Private Limited is audited by B.B. Kalaria & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B.B. Kalaria & Co. | FY 2023 | 127220W |
Shareholding
The shareholding of Spenzzer Ceramic 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 Spenzzer Ceramic Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹15.7 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jul 2018 | 100195983 | Hdfc Bank Limited | ₹6.74 Cr | Satisfied | |
| 23 Feb 2015 | 10557560 | Dena Bank | ₹8.96 Cr | Satisfied |
To see the full charge records of Spenzzer Ceramic Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Spenzzer Ceramic Private Limited has 4 court cases on record: 4 filed by Spenzzer Ceramic. 2 cases are pending and 2 are disposed.
Total cases
4
Filed by the company
4
Pending
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 2 |
| High courts | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against Mr. Prakash Bhati Proprietor of Shree Ji Enterprises | Pending |
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
| High Court of Gujarat | Special civil application | Filed by the company against State of Gujarat | Disposed |
To see the full case history of Spenzzer Ceramic 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
Spenzzer Ceramic Private Limited was last rated by Crisil on 23 Dec 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 23 Dec 2019 |
To see the full credit ratings and regulatory alerts of Spenzzer Ceramic Private Limited, buy the company report.
MSME payment delays
Spenzzer Ceramic Private Limited has 2 MSME Form 1 returns on record between 2018 and 2019, listing 100 overdue payments to 22 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 22)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shivam Cera Clay | |||
| Apex Industries | |||
| Perfect Pack | |||
| Shree Sahjanand Packaging | |||
| A B Coal Corporation |
To see the full MSME payment records of Spenzzer Ceramic Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Spenzzer Ceramic Private Limited has a workforce of 2 employees on its EPFO records as of Mar 26, 2024, across 1 active EPFO establishment.
Employee count
2
Active EPFO establishments
1
Employee growth
-88.24%
GST
Spenzzer Ceramic has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAUCS5605A1ZH | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Spenzzer Ceramic Private Limited, buy the company report.
Recent activity
Spenzzer Ceramic Private Limited has 6 board changes on record since 2014: 5 appointments and 1 cessation. The latest: Himanshubhai Ratilal Merja ceased to be Director on 10 Aug 2017.
AGM
Spenzzer Ceramic Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Spenzzer Ceramic Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge registered on 30 Jul 2018 via Charge ID 100195983 with Hdfc Bank Limited was fully satisfied on 18 Mar 2024.
Charges
A charge with Hdfc Bank Limited of Rs. 6.74 Cr registered on 30 Jul 2018 with Charge ID 100195983 was modified on 17 Oct 2020.
Charges
A charge registered on 23 Feb 2015 via Charge ID 10557560 with Dena Bank was fully satisfied on 29 Sep 2018.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 6.74 Cr with Charge ID 100195983 was registered on 30 Jul 2018.
Ceased
Himanshubhai Ratilal Merja ceased to be Director.
Charges
A charge with Dena Bank of Rs. 8.96 Cr registered on 23 Feb 2015 with Charge ID 10557560 was modified on 24 Feb 2015.
Charges
A charge with Dena Bank amounted to Rs. 8.96 Cr with Charge ID 10557560 was registered on 23 Feb 2015.
Appointed
Himanshubhai Ratilal Merja was appointed as Director.
Appointed
Jaysukhbhai Jethabhai Loriya was appointed as Director.
Appointed
Maheshbhai Ambarambhai Bhatasana was appointed as Director.
3 earlier events are in the company report.
Frequently asked questions
Spenzzer Ceramic is an active private limited company based in Morbi, Gujarat, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 09 May 2014 (12+ years old) and is registered under CIN U26933GJ2014PTC079527.
Spenzzer Ceramic has 4 current directors:
- Shailesh Ambaram Bhatasana - Director
- Maheshbhai Ambarambhai Bhatasana - Director
- Jaysukhbhai Jethabhai Loriya - Director
- Neeteshbhai Pranjivanbhai Fefar - Director
The latest financial statements of Spenzzer Ceramic 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 Spenzzer Ceramic is 24AAUCS5605A1ZH, registered in Gujarat.
The CIN (Corporate Identification Number) of Spenzzer Ceramic is U26933GJ2014PTC079527. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spenzzer Ceramic has 4 court cases on record: 4 filed by the company. 2 are pending. Most are in the district courts.
Spenzzer Ceramic was incorporated on 09 May 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Himanshubhai Ratilal Merja ceased to be Director on 10 Aug 2017. Himanshubhai Ratilal Merja was appointed as Director on 09 May 2014. Jaysukhbhai Jethabhai Loriya was appointed as Director on 09 May 2014. Spenzzer Ceramic has 6 board changes on record in total.
Yes, Spenzzer Ceramic is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-32-0001179).
Spenzzer Ceramic has 2 MSME Form 1 returns on record between 2018 and 2019, listing 100 overdue payments to 22 micro and small suppliers. The latest return was filed on 20 Jun 2019.
Spenzzer Ceramic can be reached through the website spenzzerceramic.com. Its registered office is in Morbi, Gujarat, India.