Spenzzer Craft Private Limited

Spenzzer Craft Private Limited - manufacturing in Surat, Gujarat, India. FY 2026 financials & compliance.
CIN U21090GJ2016PTC086440 Incorporated 14 March 2016 ROC Ahmedabad HQ Surat, Gujarat, India
Active Private Limited Company manufacturing MSME · Medium
Data last updated
Revenue · FY 2023
₹123.27 Cr
▼ 10% YoY
Net profit · FY 2023
₹1.71 Cr
Net margin 1.4%
EBITDA · FY 2023
₹4.78 Cr
EBITDA margin 3.9%
Authorised capital
₹12 Cr
Registered with MCA
Paid-up capital
₹8.13 Cr
Issued & subscribed
Open charges
₹41.43 Cr
Satisfied ₹39.4 Cr
Company age
10 yrs
Est. 2016
Employees · EPFO
14
Provident fund records

About Spenzzer Craft Private Limited

Data last updated:

Spenzzer Craft Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the paper and packaging products segment of the manufacturing sector. It was incorporated on 14 March 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U21090GJ2016PTC086440. Its GSTIN is 24AAWCS8893G1ZF (Gujarat).

The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹8.13 Cr. It is led by directors including Pareshbhai Tribhovanbhai Panara and Sarojben Rameshbhai Vitthani.

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 Block No.154 R.S. 189/1 Village: Dhamdod Ta. Mangrol Dist. Surat, Gujarat, India – 394125.

As per the financials filed for FY 2023, the company reported a revenue of ₹123.27 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹1.71 Cr (net margin 1.4%) and EBITDA of ₹4.78 Cr (EBITDA margin 3.9%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 16% over five years.

The company has about 14 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹41.43 Cr and satisfied charges of ₹39.4 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 2 cases are pending. The company has 5 deals on record (3 secondary share transfers, 2 rights issues); the latest was in January 2025.

Spenzzer Craft Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0098340). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spenzzercraft.com.

Company details

CIN U21090GJ2016PTC086440
Registration Number 086440
Incorporation Date 14 March 2016
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 Medium
Udyam Registration UDYAM-GJ-22-0098340
Key People
Pareshbhai Tribhovanbhai Panara Director Sarojben Rameshbhai Vitthani Director Ashishkumar Bharatbhai Dhori Director

Recognitions & Rankings of Spenzzer Craft

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-22-0098340

Contact details

Spenzzer Craft Private Limited's registered office is in Surat, Gujarat. Its website is spenzzercraft.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    spenzzercraft.com
  • Registered Address
    Block No.154 R.S. 189/1 Village: Dhamdod Ta. Mangrol Dist. Surat, Gujarat, India – 394125
  • Industry
    Manufacturing, Paper & Packaging Products

To see the full contact details of Spenzzer Craft Private Limited, buy the company report.

Comprehensive company report
Spenzzer Craft 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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Financials of Spenzzer Craft Private Limited

FY 2024 filings available

Spenzzer Craft Private Limited reported revenue of ₹123.27 Cr (down 10% YoY) for FY 2023.

Revenue · FY 2023
₹123.27 Cr ▼ 10%
Net profit · FY 2023
₹1.71 Cr margin 1.4%
EBITDA · FY 2023
₹4.78 Cr margin 3.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 10%
3 years · compounded
▲ 22%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▲ 41%
3 years · compounded
▲ 5%
5 years · compounded
▲ 1%

Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 16%. EBITDA rose 41% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹123.27 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹4.78 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.71 Cr
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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin3.9%
Net Profit Margin1.4%
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

To see the full financial statements and ratios of Spenzzer Craft Private Limited, buy the company report.

Board of directors of Spenzzer Craft Private Limited

Spenzzer Craft has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Pareshbhai Tribhovanbhai Panara
Also directs: Panara Craft LLP
Director14 Mar 201610 Years 7 MonthsCurrent
Sarojben Rameshbhai Vitthani
Also directs: Vithani Brothers Enterprise LLP, Shree Veda Chem Core LLP, B Chintamani Dyes Private Limited
Director14 Mar 201610 Years 7 MonthsCurrent
Ashishkumar Bharatbhai Dhori
Also directs: Pulpandpaper India LLP, Renewtex AI Worlds LLP
Director08 Jun 20215 Years 4 MonthsCurrent
View all directors

Auditor

Spenzzer Craft Private Limited is audited by SINGHAL DHANDHARIA & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
SINGHAL DHANDHARIA & COFY 2023014144C

Shareholding

The shareholding of Spenzzer Craft 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Spenzzer Craft Private Limited, buy the company report.

Charges & borrowings

Open charges
₹41.43 Cr
Satisfied charges
₹39.4 Cr
Breakdown by lending institutions
State Bank of India₹41.43 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Nov 2023100856748State Bank of India₹41.43 CrOpen
13 Jan 2022100535790Others₹2.21 CrSatisfied
13 Nov 2016100060459Others₹19.57 CrSatisfied
11 Nov 2016100060461Others₹17.62 CrSatisfied

To see the full charge records of Spenzzer Craft Private Limited, buy the company report.

Total charge records: 4 View all charges

Deals & funding

Spenzzer Craft Private Limited has 5 deals on record (3 secondary share transfers, 2 rights issues); the latest was in January 2025.

Total deals
5
Secondary share transfers
3
Rights issues
2

Deals on record (5 of 5)

WhenDealAmountParties
Jan 2025Rights issue₹1 CrInvestors: 2 individuals
Mar 2021Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Mar 2018Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Dec 2016Rights issue₹7.49 CrInvestors: 4 individuals
Oct 2016Secondary share transferUndisclosedBuyer: 3 individuals
Seller: 3 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Spenzzer Craft Private Limited was last rated by Care on 02 Feb 2022.

Rating agencyRated onRating
Care02 Feb 2022

To see the full credit ratings and regulatory alerts of Spenzzer Craft Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Spenzzer Craft Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Spenzzer Craft Private Limited has a workforce of 14 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
14
Active EPFO establishments
1

GST

Spenzzer Craft has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAWCS8893G1ZFGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Spenzzer Craft Private Limited, buy the company report.

Recent activity

Spenzzer Craft Private Limited has 5 board changes on record since 2016: 4 appointments and 1 cessation. The latest: Ashishkumar Bharatbhai Dhori was appointed as Director on 08 Jun 2021.

Charges
A charge with State Bank Of India of Rs. 41.43 Cr registered on 30 Nov 2023 with Charge ID 100856748 was modified on 05 Mar 2025.
AGM
Spenzzer Craft Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Spenzzer Craft Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge registered on 13 Jan 2022 via Charge ID 100535790 with Others was fully satisfied on 22 Jan 2024.
Charges
A charge registered on 13 Nov 2016 via Charge ID 100060459 with Others was fully satisfied on 22 Jan 2024.
Charges
A charge registered on 11 Nov 2016 via Charge ID 100060461 with Others was fully satisfied on 22 Jan 2024.
Charges
A charge with State Bank Of India amounted to Rs. 41.43 Cr with Charge ID 100856748 was registered on 30 Nov 2023.
Charges
A charge with Others of Rs. 17.62 Cr registered on 11 Nov 2016 with Charge ID 100060461 was modified on 21 Jan 2022.
Charges
A charge with Others amounted to Rs. 2.21 Cr with Charge ID 100535790 was registered on 13 Jan 2022.
Appointed
Ashishkumar Bharatbhai Dhori was appointed as Director.
Charges
A charge with Others of Rs. 19.57 Cr registered on 13 Nov 2016 with Charge ID 100060459 was modified on 03 May 2021.
Ceased
Vijeshbhai Dayalal Detharia ceased to be Director.

6 earlier events are in the company report.

Frequently asked questions

Spenzzer Craft is an active private limited company based in Surat, Gujarat, India. The company works in paper and packaging products, within the manufacturing industry. It was incorporated on 14 March 2016 (10+ years old) and is registered under CIN U21090GJ2016PTC086440.

Spenzzer Craft has 3 current directors:

The latest financial statements of Spenzzer Craft 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 2016 are in the company report.

The GSTIN of Spenzzer Craft is 24AAWCS8893G1ZF, registered in Gujarat.

The CIN (Corporate Identification Number) of Spenzzer Craft is U21090GJ2016PTC086440. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Spenzzer Craft has 3 court cases on record: 2 filed by the company and 1 filed against it. 2 are pending.

Spenzzer Craft was incorporated on 14 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Spenzzer Craft has 5 deals on record (3 secondary share transfers, 2 rights issues); the latest was in January 2025.

Ashishkumar Bharatbhai Dhori was appointed as Director on 08 Jun 2021. Vijeshbhai Dayalal Detharia ceased to be Director on 10 Oct 2020. Pareshbhai Tribhovanbhai Panara was appointed as Director on 14 Mar 2016. Spenzzer Craft has 5 board changes on record in total.

Yes, Spenzzer Craft is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-22-0098340).