Spheric Innovation Private Limited

Spheric Innovation Private Limited - information technology in Nagpur, Maharashtra, India. FY 2026 financials & compliance.
CIN U74999MH2014PTC253599 Incorporated 26 February 2014 ROC Mumbai HQ Nagpur, Maharashtra, India
Active Private Limited Company information technology MSME · Micro
Data last updated
Revenue · FY 2025
₹2.06 Cr
▼ 14% YoY
Net loss · FY 2025
₹25.36 Lakh
Net margin -12.3%
EBITDA · FY 2025
-₹2.58 Lakh
EBITDA margin -1.3%
Authorised capital
₹16 Lakh
Registered with MCA
Paid-up capital
₹16 Lakh
Issued & subscribed
Open charges
₹85.57 Lakh
Secured borrowings
Company age
12 yrs
Est. 2014
Directors on board
2
As per MCA filings

About Spheric Innovation Private Limited

Data last updated:

Spheric Innovation Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 26 February 2014 and has been in existence for over 12 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2014PTC253599. Its GSTIN is 27AAUCS3375H1ZQ (Maharashtra). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹16 Lakh and a paid-up capital of ₹16 Lakh. It is led by directors Harsh Madan Singh Chauhan and Sunita Harsh Chauhan.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Nagpur, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹2.06 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net loss of ₹25.36 Lakh (net margin -12.3%) and EBITDA of -₹2.58 Lakh (EBITDA margin -1.3%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 15% over five years.

As per MCA filings, the company has open charges of ₹85.57 Lakh on record.

Spheric Innovation Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-20-0031069). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spheric.in.

Company details

CIN U74999MH2014PTC253599
Registration Number 253599
Incorporation Date 26 February 2014
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-20-0031069

Recognitions & Rankings of Spheric Innovation

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-20-0031069

Contact details

Spheric Innovation Private Limited's registered office is in Nagpur, Maharashtra. Its website is spheric.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Registered Address
    Plot No. 72, Suyog Nagar, Nagpur, Maharashtra, India – 440015
  • Industry
    Information Technology, IT Products Retail & Distribution

To see the full contact details of Spheric Innovation Private Limited, buy the company report.

Comprehensive company report
Spheric Innovation 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 Spheric Innovation 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 communication62Computer programming, consultancy and related activities

To see the full business activity and turnover split of Spheric Innovation Private Limited, buy the company report.

Financials of Spheric Innovation Private Limited

FY 2025 filings available

Spheric Innovation Private Limited reported revenue of ₹2.06 Cr (down 14% YoY) for FY 2025.

Revenue · FY 2025
₹2.06 Cr ▼ 14%
Net loss · FY 2025
₹25.36 Lakh margin -12.3%
EBITDA · FY 2025
-₹2.58 Lakh margin -1.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 14%
3 years · compounded
▼ 3%
5 years · compounded
▼ 15%
EBITDA CAGR growth
1 year
▼ 113%
3 years · compounded
▼ 29%
5 years · compounded
▼ 16%

Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 14% fall in the latest year. EBITDA fell 113% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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-₹2.58 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹25.36 Lakh
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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-1.3%
Net Profit Margin-12.3%
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 Spheric Innovation Private Limited, buy the company report.

Board of directors of Spheric Innovation Private Limited

Spheric Innovation has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Harsh Madan Singh ChauhanDirector26 Feb 201412 Years 8 MonthsCurrent
Sunita Harsh ChauhanDirector13 Apr 20188 Years 6 MonthsCurrent

Auditor

Spheric Innovation Private Limited is audited by ANAND CHANDAK & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
ANAND CHANDAK & ASSOCIATESFY 2023130021

Shareholding

The shareholding of Spheric Innovation 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 Spheric Innovation Private Limited, buy the company report.

Charges & borrowings

Open charges
₹85.57 Lakh
Satisfied charges
None
Breakdown by lending institutions
Others₹0.86 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
21 Jan 2019100237307Others₹85.57 LakhOpen

To see the full charge records of Spheric Innovation Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

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

GST

Spheric Innovation has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AAUCS3375H1ZQMaharashtraActive01 Jul 2017

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

Recent activity

Spheric Innovation Private Limited has 5 board changes on record since 2014: 2 appointments and 3 cessations. The latest: Sunita Harsh Chauhan ceased to be Additional Director on 30 Sep 2018.

AGM
Spheric Innovation Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Spheric Innovation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others of Rs. 85.57 Lakh registered on 21 Jan 2019 with Charge ID 100237307 was modified on 28 Aug 2020.
Charges
A charge with Others amounted to Rs. 85.57 Lakh with Charge ID 100237307 was registered on 21 Jan 2019.
Ceased
Sunita Harsh Chauhan ceased to be Additional Director.
Ceased
Jayanti Madansingh Chauhan ceased to be Director.
Appointed
Sunita Harsh Chauhan was appointed as Director.
Ceased
Chiranjeev Vallabhadas Chandak ceased to be Director.
Appointed
Harsh Madan Singh Chauhan was appointed as Director.
Incorporation
26 Feb 2014
Spheric Innovation Private Limited was registered on 26 Feb 2014 with Roc Mumbai & aged 12 years 8 months as per MCA records.

Frequently asked questions

Spheric Innovation is an active private limited company based in Nagpur, Maharashtra, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 26 February 2014 (12+ years old) and is registered under CIN U74999MH2014PTC253599.

Spheric Innovation has 2 current directors:

The latest financial statements of Spheric Innovation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Spheric Innovation is 27AAUCS3375H1ZQ, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Spheric Innovation is U74999MH2014PTC253599. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Spheric Innovation was incorporated on 26 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.

Sunita Harsh Chauhan ceased to be Additional Director on 30 Sep 2018. Jayanti Madansingh Chauhan ceased to be Director on 13 Apr 2018. Sunita Harsh Chauhan was appointed as Director on 13 Apr 2018. Spheric Innovation has 5 board changes on record in total.

Yes, Spheric Innovation is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-20-0031069).

Spheric Innovation can be reached through the website spheric.in. Its registered office is in Nagpur, Maharashtra, India.

The registered office of Spheric Innovation is at Plot No. 72, Suyog Nagar, Nagpur, Maharashtra, India – 440015.