MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-23-0001431
Spi Auto India Private Limited - automotive in Surendranagar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹17.29 Cr
▼ 4% YoY
Net loss · FY 2025
₹82.02 Lakh
Net margin -4.7%
EBITDA · FY 2025
₹2.32 Cr
EBITDA margin 13.4%
Authorised capital
₹7 Lakh
Registered with MCA
Paid-up capital
₹7 Lakh
Issued & subscribed
Open charges
₹16.74 Cr
Satisfied ₹6.67 Cr
Company age
9 yrs
Est. 2017
Employees · EPFO
40
Provident fund records
About Spi Auto India Private Limited
Data last updated:
Spi Auto India Private Limited is a private limited company based in Surendranagar, Gujarat, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 09 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2017PTC098640. Its GSTIN is 24AAZCS1053M1ZT (Gujarat).
The company has an authorised share capital of ₹7 Lakh and a paid-up capital of ₹7 Lakh. It is led by directors Dinaben Ganpatbhai Patel and Ganpatbhai Shankarbhai Patel.
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 Plot No 129 GIDC Wadhwan Ambavadi Surendranagar, Gujarat, India – 363035.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.29 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net loss of ₹82.02 Lakh (net margin -4.7%) and EBITDA of ₹2.32 Cr (EBITDA margin 13.4%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 3% over five years.
The company has about 40 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹16.74 Cr and satisfied charges of ₹6.67 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 3 cases are pending.
Spi Auto India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-23-0001431). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spi-auto-india-pvt-ltd.business.site.
Company details
CIN U74999GJ2017PTC098640
Registration Number 098640
Incorporation Date 09 August 2017
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-23-0001431
Recognitions & Rankings of Spi Auto India
Contact details
Spi Auto India Private Limited's registered office is in Surendranagar, Gujarat. Its website is spi-auto-india-pvt-ltd.business.site. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No 129 GIDC Wadhwan Ambavadi Surendranagar, Gujarat, India – 363035
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Spi Auto India Private Limited, buy the company report.
Comprehensive company report
Spi Auto India 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 Spi Auto India is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Spi Auto India Private Limited, buy the company report.
Financials of Spi Auto India Private Limited
FY 2024 filings availableSpi Auto India Private Limited reported revenue of ₹17.29 Cr (down 4% YoY) for FY 2025.
Revenue · FY 2025
₹17.29 Cr ▼ 4%
Net loss · FY 2025
₹82.02 Lakh margin -4.7%
EBITDA · FY 2025
₹2.32 Cr margin 13.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 4%
3 years · compounded
▼ 10%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▲ 28%
3 years · compounded
▲ 3%
5 years · compounded
▲ 6%
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 4% fall in the latest year. EBITDA rose 28% 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 | ₹2.32 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹82.02 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.4% | ||||
| Net Profit Margin | -4.7% | ||||
| 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 Spi Auto India Private Limited, buy the company report.
Board of directors of Spi Auto India Private Limited
Spi Auto India has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dinaben Ganpatbhai Patel | Director | 09 Aug 2017 | 9 Years 3 Months | Current |
| Ganpatbhai Shankarbhai Patel | Director | 09 Aug 2017 | 9 Years 3 Months | Current |
Peer comparison
Spi Auto India Private Limited is compared with the 3 companies closest to it by revenue in the Automobiles industry (Auto, Auto Ancillary), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dhanjal Engineers Private Ltd | ₹17.32 Cr (FY 2025) | 12.0% | New Delhi, Delhi, India | |||
| Spi Auto India Private Limitedthis company | ₹17.29 Cr (FY 2025) | -₹82.02 Lakh | -4.7% | -4.0% | 40 | Surendranagar, Gujarat, India |
| Seido Technologies Private Limited | ₹17.27 Cr (FY 2025) | 45.0% | Bhiwadi, Rajasthan, India | |||
| Sepson India Private Limited | ₹17.25 Cr (FY 2025) | -45.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Spi Auto India Private Limited, buy the company report.
Auditor
Spi Auto India Private Limited is audited by D. B. PATEL & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D. B. PATEL & CO. | FY 2023 | 133942W |
Shareholding
The shareholding of Spi Auto India Private Limited is on record for 4 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 2018 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Spi Auto India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹16.74 Cr
Satisfied charges
₹6.67 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Nov 2024 | 101023554 | Sidbi | ₹74.18 Lakh | Open | |
| 29 Sep 2024 | 100991788 | Others | ₹6.5 Cr | Open | |
| 07 Oct 2022 | 100618197 | Sidbi | ₹7 Cr | Open | |
| 07 Oct 2022 | 100618195 | Sidbi | ₹2.5 Cr | Open | |
| 08 Dec 2017 | 100146050 | Hdfc Bank Limited | ₹6.67 Cr | Satisfied |
To see the full charge records of Spi Auto India Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Spi Auto India Private Limited has 4 court cases on record: 4 filed against it. 3 cases are pending and 1 is disposed.
Total cases
4
Filed against the company
4
Pending
3
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 3 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by Ms Radiant Industries | Pending |
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by an individual | Pending |
| District court, Gurugram, Haryana | Civil suit | Filed against the company by M/S Hi Tech Manpower Solution Through Its Prop. Pushpa Devi | Pending |
| District court, Sirohi, Rajasthan | Motor accident claim | Filed against the company by an individual | Disposed |
To see the full case history of Spi Auto 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 Spi Auto India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Spi Auto India Private Limited has a workforce of 40 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
40
Active EPFO establishments
1
Employee growth
33.3%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 40 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 |
To see the full employee and EPFO history of Spi Auto India Private Limited, buy the company report.
GST
Spi Auto India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAZCS1053M1ZT | Gujarat | Active | 01 Sep 2017 |
To see the full GST registrations and return filing status of Spi Auto India Private Limited, buy the company report.
Recent activity
Spi Auto India Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Dinaben Ganpatbhai Patel was appointed as Director on 09 Aug 2017.
Charges
A charge registered on 08 Dec 2017 via Charge ID 100146050 with Hdfc Bank Limited was fully satisfied on 05 Mar 2025.
Charges
A charge with Sidbi amounted to Rs. 74.18 Lakh with Charge ID 101023554 was registered on 27 Nov 2024.
AGM
Spi Auto India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 650.00 Lakh with Charge ID 100991788 was registered on 29 Sep 2024.
Filing
Spi Auto India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Sidbi amounted to Rs. 700.00 Lakh with Charge ID 100618197 was registered on 07 Oct 2022.
Charges
A charge with Sidbi amounted to Rs. 250.00 Lakh with Charge ID 100618195 was registered on 07 Oct 2022.
Charges
A charge with Hdfc Bank Limited of Rs. 667.00 Lakh registered on 08 Dec 2017 with Charge ID 100146050 was modified on 19 Sep 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 667.00 Lakh with Charge ID 100146050 was registered on 08 Dec 2017.
Appointed
Dinaben Ganpatbhai Patel was appointed as Director.
Appointed
Ganpatbhai Shankarbhai Patel was appointed as Director.
Incorporation
09 Aug 2017
Spi Auto India Private Limited was registered on 09 Aug 2017 with Roc Ahmedabad & aged 9 years 3 months as per MCA records.
Frequently asked questions
Spi Auto India is an active private limited company based in Surendranagar, Gujarat, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 09 August 2017 (9+ years old) and is registered under CIN U74999GJ2017PTC098640.
Spi Auto India has 2 current directors:
- Dinaben Ganpatbhai Patel - Director
- Ganpatbhai Shankarbhai Patel - Director
The latest financial statements of Spi Auto India 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 2018 are in the company report.
The GSTIN of Spi Auto India is 24AAZCS1053M1ZT, registered in Gujarat.
The CIN (Corporate Identification Number) of Spi Auto India is U74999GJ2017PTC098640. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spi Auto India has 4 court cases on record: 4 filed against it. 3 are pending.
Spi Auto India was incorporated on 09 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Spi Auto India by revenue are Dhanjal Engineers Private Ltd, Seido Technologies Private Limited, Sepson India Private Limited, all in the Automobiles industry (Auto, Auto Ancillary), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Dinaben Ganpatbhai Patel was appointed as Director on 09 Aug 2017. Ganpatbhai Shankarbhai Patel was appointed as Director on 09 Aug 2017.
Yes, Spi Auto India is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-23-0001431).
Spi Auto India can be reached through the website spi-auto-india-pvt-ltd.business.site. Its registered office is in Surendranagar, Gujarat, India.
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