About Spi Properties Private Limited
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Spi Properties Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the real estate marketing and sales segment of the real estate and construction sector. It was incorporated on 04 June 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65993TN2003PTC050975. Its GSTIN is 33AAACU7108G1ZM (Tamil Nadu).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹14.15 Lakh. It is led by directors Vimalasekar Sargunan and Bhaskar Krishnan.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.3 2nd Street 1st Floor Subbarao Avenue College Road, Chennai, Tamil Nadu, India – 600006.
As per the financials filed for FY 2015, the company reported a revenue of ₹4.72 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net loss of ₹59.11 Lakh (net margin -12.5%) and EBITDA of ₹2.59 Cr (EBITDA margin 54.9%).
As per MCA filings, the company has satisfied charges of ₹42.5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spigroup.in.
Company details
Contact details
Spi Properties Private Limited's registered office is in Chennai, Tamil Nadu. Its website is spigroup.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNo.3 2nd Street 1st Floor Subbarao Avenue College Road, Chennai, Tamil Nadu, India – 600006
- IndustryReal Estate and Construction, Real Estate Marketing & Sales
To see the full contact details of Spi Properties 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
Financials of Spi Properties Private Limited
FY 2025 filings availableSpi Properties Private Limited reported revenue of ₹4.72 Cr (down 11% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue fell 11% in the latest year. EBITDA fell 7% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹4.72 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹2.59 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹59.11 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 54.9% |
| Net Profit Margin | -12.5% |
| 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 Properties Private Limited, buy the company report.
Board of directors of Spi Properties Private Limited
Spi Properties has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vimalasekar Sargunan | Director | 01 Nov 2019 | 6 Years 11 Months | Current |
| Bhaskar Krishnan Also directs: Spi Bio Innovations Private Limited, Arsenal Film Production Private Limited, Evergreen Cineservices Private Limited and 1 more | Director | 15 Sep 2021 | 5 Years 1 Months | Current |
Auditor
Spi Properties Private Limited is audited by P. A. Reddy & Co. for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P. A. Reddy & Co. | FY 2015 |
Shareholding
The shareholding of Spi Properties Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Spi Properties Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jan 2012 | 10339568 | State Bank of India | ₹11.25 Cr | Satisfied | |
| 17 Sep 2007 | 10072802 | Indian Overseas Bank | ₹6.25 Cr | Satisfied | |
| 30 Jun 2006 | 90325811 | Industrial Development Bank of India Ltd. | ₹25 Cr | Satisfied |
To see the full charge records of Spi Properties Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Spi Properties 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 Spi Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Spi Properties has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACU7108G1ZM | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Spi Properties Private Limited, buy the company report.
Recent activity
Spi Properties Private Limited has 13 board changes on record since 2007: 2 appointments and 11 cessations. The latest: Bhaskar Krishnan ceased to be Additional Director on 29 Nov 2021.
11 earlier events are in the company report.
Frequently asked questions
Spi Properties is an active private limited company based in Chennai, Tamil Nadu, India. The company works in real estate marketing and sales, within the real estate and construction industry. It was incorporated on 04 June 2003 (23+ years old) and is registered under CIN U65993TN2003PTC050975.
Spi Properties has 2 current directors:
- Vimalasekar Sargunan - Director
- Bhaskar Krishnan - Director
The latest financial statements of Spi Properties on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Spi Properties is 33AAACU7108G1ZM, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Spi Properties is U65993TN2003PTC050975. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spi Properties was incorporated on 04 June 2003, making it 23+ years old. It is registered with the Registrar of Companies, Chennai.
Bhaskar Krishnan ceased to be Additional Director on 29 Nov 2021. Bhaskar Krishnan was appointed as Director on 15 Sep 2021. Natarajan Chinnasamy ceased to be Director on 15 Sep 2021. Spi Properties has 13 board changes on record in total.
Spi Properties can be reached through the website spigroup.in. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Spi Properties is at No.3 2nd Street 1st Floor Subbarao Avenue College Road, Chennai, Tamil Nadu, India – 600006.
Spi Properties operates in the real estate and construction industry, in the real estate marketing and sales segment.