About SPG India Private Limited
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SPG India Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Star Plus Group Limited. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 09 February 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74900TN2012PTC084401.
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹7.27 Cr. It is led by directors including Hemant Javerilal Japi and Vishwanath Krishnamurthi.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at #39/19 Aspen Court Third Floor 6th Main Road Raja Annamalai Puram, Chennai, Tamil Nadu, India – 600002.
As per the financials filed for FY 2020, the company reported a revenue of ₹95.07 Lakh, a decline of 57% compared to the previous year. For the same year it recorded a net loss of ₹1.1 Cr (net margin -115.4%) and EBITDA of -₹1.04 Cr (EBITDA margin -109.5%). Revenue has declined at a compounded annual rate (CAGR) of 47% over three years.
The company has about 1 employee on its provident fund (EPFO) records.
Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vitek.in.
Company details
Contact details
SPG India Private Limited's registered office is in Chennai, Tamil Nadu. Its website is vitek.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address#39/19 Aspen Court Third Floor 6th Main Road Raja Annamalai Puram, Chennai, Tamil Nadu, India – 600002
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of SPG India 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 SPG India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of SPG India Private Limited, buy the company report.
Financials of SPG India Private Limited
FY 2020 filings availableSPG India Private Limited reported revenue of ₹95.07 Lakh (down 57% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 47% over three years, including a 57% fall in the latest year. EBITDA fell 54% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹95.07 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.04 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.1 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -109.5% | ||||
| Net Profit Margin | -115.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 SPG India Private Limited, buy the company report.
Board of directors of SPG India Private Limited
SPG India has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemant Javerilal Japi | Director | 26 Oct 2016 | 9 Years 11 Months | Current |
| Vishwanath Krishnamurthi | Director | 09 Feb 2012 | 14 Years 8 Months | Current |
| Jayaseelan Karthikeyan | Additional Director | 13 May 2024 | 2 Years 5 Months | Current |
| Balasubramaniam Krishnamurthi | Director | 09 Feb 2012 | 14 Years 8 Months | Current |
Peer comparison
SPG India Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| SPG India Private Limitedthis company | ₹95.07 Lakh (FY 2020) | -₹1.1 Cr | -115.4% | -57.0% | 1 | Chennai, Tamil Nadu, India |
| Devyansh Energy Projects Private Limited | ₹95.02 Lakh (FY 2022) | -26.0% | Kolkata, West Bengal, India | |||
| Pqrex Technologies Private Limited | ₹94.94 Lakh (FY 2024) | 142.0% | Ghaziabad, Uttar Pradesh, India | |||
| Marushika Electronics Trading Private Limited | ₹94.79 Lakh (FY 2025) | 46.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of SPG India Private Limited, buy the company report.
Auditor
SPG India Private Limited is audited by M M S & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M M S & CO | FY 2019 | 106026W |
Shareholding
The shareholding of SPG India Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of SPG India Private Limited, buy the company report.
Legal cases
SPG India Private Limited has 7 court cases on record: 5 filed by SPG India, 2 filed against it. 2 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 1 | 2 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Surendranagar, Gujarat | Court case (TMSUIT) | Filed against the company by M/S Symphony Ltd. | Disposed |
| High Court, GUJARAT | Civil suit | Filed against the company by Symphony Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against Galore Sales and Services India Pvt Ltd and Ors | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against an individual | Pending |
To see the full case history of SPG India 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for SPG India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
SPG India Private Limited has a workforce of 1 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
No GST registration is on our record for SPG India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
SPG India Private Limited has 6 board changes on record since 2012: 4 appointments and 2 cessations. The latest: Jayaseelan Karthikeyan was appointed as Additional Director on 13 May 2024.
Frequently asked questions
SPG India is an active private limited company based in Chennai, Tamil Nadu, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 09 February 2012 (14+ years old) and is registered under CIN U74900TN2012PTC084401.
SPG India has 4 current directors:
- Hemant Javerilal Japi - Director
- Vishwanath Krishnamurthi - Director
- Jayaseelan Karthikeyan - Additional Director
- Balasubramaniam Krishnamurthi - Director
The latest financial statements of SPG India on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of SPG India is U74900TN2012PTC084401. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SPG India has 7 court cases on record: 5 filed by the company and 2 filed against it. 2 are pending. Most are in the district courts.
SPG India was incorporated on 09 February 2012, making it 14+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of SPG India by revenue are Devyansh Energy Projects Private Limited, Pqrex Technologies Private Limited, Marushika Electronics Trading Private Limited, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).
Jayaseelan Karthikeyan was appointed as Additional Director on 13 May 2024. Hemant Javerilal Japi ceased to be Additional Director on 30 Sep 2017. Hemant Javerilal Japi was appointed as Director on 26 Oct 2016. SPG India has 6 board changes on record in total.
SPG India can be reached through the website vitek.in. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of SPG India is at #3919 Aspen Court Third Floor 6th Main Road Raja Annamalai Puram, Chennai, Tamil Nadu, India – 600002.
SPG India operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.