
Spero Properties and Services Private Limited
About Spero Properties and Services Private Limited
Data last updated:
Spero Properties and Services Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Brep Asia Sg L&T Holding (Nq) Pte Ltd. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 15 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017PTC302943. Its GSTIN is 27AAZCS6008A1Z7 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Abhishek Rajninath Surve and Mohit Singh.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.01 Cr, a decline of 85% compared to the previous year. For the same year it recorded a net loss of ₹17.5 Cr and EBITDA of -₹28.96 Lakh (EBITDA margin -28.7%). Revenue has grown at a compounded annual rate (CAGR) of 44% over three years and 16% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1,370 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 2 deals on record (1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹340.12 Cr; the latest was in December 2019. Its 3 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings) are compared by revenue, 1 larger and 2 smaller; the largest is Shree Shyam Dwellers India Ltd. with revenue of ₹1.01 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Spero Properties and Services Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOne World Center Tower 2A, 4th Floor Senapati Bapat Marg, Mumbai, Maharashtra, India – 400013
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Spero Properties and Services 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
Business activity
The main business activity of Spero Properties and Services is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Spero Properties and Services Private Limited, buy the company report.
Financials of Spero Properties and Services Private Limited
FY 2025 filings availableSpero Properties and Services Private Limited reported revenue of ₹1.01 Cr (down 85% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 85% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 16%. EBITDA fell 105% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹28.96 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹17.5 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -28.7% | ||||
| 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 | |||||
To see the full financial statements and ratios of Spero Properties and Services Private Limited, buy the company report.
Board of directors of Spero Properties and Services Private Limited
Spero Properties and Services has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhishek Rajninath Surve Also directs: Equinox Developments Private Limited, Rge Constructions and Development Private Limited, Vigor Developments Limited and 5 more | Director | 22 May 2024 | 2 Years 5 Months | Current |
| Mohit Singh Also directs: Serida Engineering Limited, Equinox Developments Private Limited, Nerissa Real Estate Limited and 5 more | Director | 22 May 2024 | 2 Years 5 Months | Current |
| Surender Kumar Also directs: Equinox Developments Private Limited, Rge Constructions and Development Private Limited, Vigor Developments Limited and 5 more | Director | 22 May 2024 | 2 Years 5 Months | Current |
Peer comparison
Spero Properties and Services Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shree Shyam Dwellers India Ltd. | ₹1.01 Cr (FY 2025) | 33.0% | Kolkata, West Bengal, India | |||
| Spero Properties and Services Private Limitedthis company | ₹1.01 Cr (FY 2025) | -₹17.5 Cr | -85.0% | 1 | Mumbai, Maharashtra, India | |
| Metroplex Homes Private Limited | ₹1.01 Cr (FY 2024) | 28.0% | Patna, Bihar, India | |||
| Sunlife Buildcon Private Limited | ₹1.01 Cr (FY 2025) | -34.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Spero Properties and Services Private Limited, buy the company report.
Auditor
Spero Properties and Services Private Limited is audited by Walker Chandiok & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co LLP | FY 2023 | 001076N/N500013 |
Shareholding
The shareholding of Spero Properties and Services 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 Spero Properties and Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Sep 2025 | 101161234 | Others | ₹650 Cr | Open | |
| 23 Sep 2025 | 101161266 | Others | ₹720 Cr | Open |
Total charge records: 2 View all charges
Deals & funding
Spero Properties and Services Private Limited has 2 deals on record (1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹340.12 Cr; the latest was in December 2019.
Deals on record (1 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2019 | Secondary share transfer | Undisclosed | Buyer: BREP Asia SG L&T Holding (NQ) Pte Limited Seller: 2 individuals |
To see the full deal history of Spero Properties and Services Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Spero Properties and Services Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company | Disposed |
To see the full case history of Spero Properties and Services 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
Spero Properties and Services Private Limited was last rated by Icra on 13 Jul 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 13 Jul 2021 |
To see the full credit ratings and regulatory alerts of Spero Properties and Services Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Spero Properties and Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Spero Properties and Services Private Limited has a workforce of 1 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Spero Properties and Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAZCS6008A1Z7 | Maharashtra | Active | 05 Jan 2018 |
To see the full GST registrations and return filing status of Spero Properties and Services Private Limited, buy the company report.
Recent activity
Spero Properties and Services Private Limited has 11 board changes on record since 2019: 3 appointments and 8 cessations. The latest: Abhishek Rajninath Surve ceased to be Additional Director on 26 Sep 2024.
4 earlier events are in the company report.
Frequently asked questions
Spero Properties and Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 15 December 2017 (9+ years old) and is registered under CIN U74999MH2017PTC302943.
Spero Properties and Services has 3 current directors:
- Abhishek Rajninath Surve - Director
- Mohit Singh - Director
- Surender Kumar - Director
The latest financial statements of Spero Properties and Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Spero Properties and Services is 27AAZCS6008A1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Spero Properties and Services is U74999MH2017PTC302943. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spero Properties and Services has 1 court case on record: 1 filed against it.
Spero Properties and Services was incorporated on 15 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Spero Properties and Services has 2 deals on record (1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹340.12 Cr; the latest was in December 2019.
The peers of Spero Properties and Services by revenue are Shree Shyam Dwellers India Ltd, Metroplex Homes Private Limited, Sunlife Buildcon Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Abhishek Rajninath Surve ceased to be Additional Director on 26 Sep 2024. Mohit Singh ceased to be Additional Director on 26 Sep 2024. Surender Kumar ceased to be Additional Director on 26 Sep 2024. Spero Properties and Services has 11 board changes on record in total.
The registered office of Spero Properties and Services is at One World Center Tower 2A, 4th Floor Senapati Bapat Marg, Mumbai, Maharashtra, India – 400013.

