Spezia IT Solutions Private Limited

Spezia IT Solutions Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72900KA2017PTC101072 Incorporated 03 March 2017 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹2.15 Lakh
▼ 86% YoY
Net loss · FY 2024
₹39,461
Net margin -18.3%
EBITDA · FY 2024
-₹36,791
EBITDA margin -17.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Last financials
Mar 2024
Balance sheet date

About Spezia IT Solutions Private Limited

Data last updated:

Spezia IT Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 03 March 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2017PTC101072.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mundattil George Bijumon and Prince Baby.

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 # E – 371 7th Flr 'Sobha Morzaria Grandeur' Apts B G Road, Bangalore, Karnataka, India – 560076.

As per the financials filed for FY 2024, the company reported a revenue of ₹2.15 Lakh, a decline of 86% compared to the previous year. For the same year it recorded a net loss of ₹39,461 (net margin -18.3%) and EBITDA of -₹36,791 (EBITDA margin -17.1%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 29% over five years.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U72900KA2017PTC101072
Registration Number 101072
Incorporation Date 03 March 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

Contact details

Spezia IT Solutions Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.

  • Email
  • Registered Address
    # E – 371 7th Flr 'Sobha Morzaria Grandeur' Apts B G Road, Bangalore, Karnataka, India – 560076
  • Industry
    Information Technology, Other Computer Related Activities

To see the full contact details of Spezia IT Solutions Private Limited, buy the company report.

Comprehensive company report
Spezia IT Solutions 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 Spezia IT Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Spezia IT Solutions Private Limited, buy the company report.

Financials of Spezia IT Solutions Private Limited

FY 2024 filings available

Spezia IT Solutions Private Limited reported revenue of ₹2.15 Lakh (down 86% YoY) for FY 2024.

Revenue · FY 2024
₹2.15 Lakh ▼ 86%
Net loss · FY 2024
₹39,461 margin -18.3%
EBITDA · FY 2024
-₹36,791 margin -17.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 86%
3 years · compounded
▼ 14%
5 years · compounded
▼ 29%
EBITDA CAGR growth
1 year
▲ 80%
3 years · compounded
▲ 44%
5 years · compounded
▼ 19%

Revenue has declined at a compounded annual rate (CAGR) of 29% over five years, including a 86% fall in the latest year. EBITDA rose 80% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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-₹36,791
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹39,461
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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-17.1%
Net Profit Margin-18.3%
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 Spezia IT Solutions Private Limited, buy the company report.

Board of directors of Spezia IT Solutions Private Limited

Spezia IT Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Mundattil George BijumonDirector03 Mar 20179 Years 8 MonthsCurrent
Prince BabyDirector03 Mar 20179 Years 8 MonthsCurrent

Peer comparison

Spezia IT Solutions Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Liveasy Online Solutions Private Limited₹2.16 Lakh (FY 2017)2539.0%Chennai, Tamil Nadu, India
Webrock Innovations Private Limited₹2.16 Lakh (FY 2022)-67.0%Mumbai, Maharashtra, India
Green Information System Private Limited₹2.16 Lakh (FY 2020)29.0%Patna, Bihar, India
Kloudmaaya Software Data Technologies Private Limited₹2.16 Lakh (FY 2021)-96.0%Hyderabad, Telangana, India
Aveya Techlabs Private Limited₹2.16 Lakh (FY 2025)-89.0%Hyderabad, Telangana, India
Spezia IT Solutions Private Limitedthis company₹2.15 Lakh (FY 2024)-₹39,461-18.3%-86.0%Bangalore, Karnataka, India
Azylapps Technologies Private Limited₹2.15 Lakh (FY 2017)-94.0%Ghaziabad, Uttar Pradesh, India
Crocus Robotics Private Limited₹2.15 Lakh (FY 2024)10.0%Noida, Uttar Pradesh, India
Bizmatic Solutions Private Limited₹2.15 Lakh (FY 2017)Hyderabad, Telangana, India

To see the full peer comparison of Spezia IT Solutions Private Limited, buy the company report.

MSME payment delays

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

GST

No GST registration is on our record for Spezia IT Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Spezia IT Solutions Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Selvakumar ceased to be Director on 09 Sep 2024.

AGM
Spezia It Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Selvakumar ceased to be Director.
Filing
Spezia It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Sathyanarayana Rakesh ceased to be Director.
Appointed
Mundattil George Bijumon was appointed as Director.
Appointed
Prince Baby was appointed as Director.
Incorporation
03 Mar 2017
Spezia It Solutions Private Limited was registered on 03 Mar 2017 with Roc Bangalore & aged 9 years 8 months as per MCA records.

Frequently asked questions

Spezia IT Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 03 March 2017 (9+ years old) and is registered under CIN U72900KA2017PTC101072.

Spezia IT Solutions has 2 current directors:

The latest financial statements of Spezia IT Solutions 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 2017 are in the company report.

The CIN (Corporate Identification Number) of Spezia IT Solutions is U72900KA2017PTC101072. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Spezia IT Solutions was incorporated on 03 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Spezia IT Solutions by revenue are Liveasy Online Solutions Private Limited, Webrock Innovations Private Limited, Green Information System Private Limited, Kloudmaaya Software Data Technologies Private Limited, Aveya Techlabs Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).

Selvakumar ceased to be Director on 09 Sep 2024. Sathyanarayana Rakesh ceased to be Director on 19 Dec 2017. Mundattil George Bijumon was appointed as Director on 03 Mar 2017. Spezia IT Solutions has 4 board changes on record in total.

The registered office of Spezia IT Solutions is at # E – 371 7th Flr Sobha Morzaria Grandeur Apts B G Road, Bangalore, Karnataka, India – 560076.

Spezia IT Solutions operates in the information technology industry, in the other computer related activities segment.

The compliance status of Spezia IT Solutions is compliant as of 01 August 2026. The company is actively filing with the Registrar of Companies.

Spezia IT Solutions can be reached at its registered office: # E – 371 7th Flr Sobha Morzaria Grandeur Apts B G Road, Bangalore, Karnataka, India – 560076.