
Spezia IT Solutions Private Limited
About Spezia IT Solutions Private Limited
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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
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
- IndustryInformation Technology, Other Computer Related Activities
To see the full contact details of Spezia IT Solutions 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 Spezia IT Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer 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 availableSpezia IT Solutions Private Limited reported revenue of ₹2.15 Lakh (down 86% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
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
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| EBITDA | -₹36,791 | ||||
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| Net Profit (PAT) | -₹39,461 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -17.1% | ||||
| Net Profit Margin | -18.3% | ||||
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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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mundattil George Bijumon Also directs: Maxzone Studycare LLP | Director | 03 Mar 2017 | 9 Years 8 Months | Current |
| Prince Baby | Director | 03 Mar 2017 | 9 Years 8 Months | Current |
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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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.
Legal cases
No court or tribunal cases involving Spezia IT Solutions 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 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.
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:
- Mundattil George Bijumon - Director
- Prince Baby - Director
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.

