About Spi Technologies India Private Limited
Data last updated:
Spi Technologies India Private Limited was a private limited company based in Puducherry, India, operated as a subsidiary of Spi Technologies Inc., Philippinesp. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 31 March 1999.
The company was registered with the Registrar of Companies (ROC), Pondicherry, under CIN U22110PY1999PTC001459. Its GSTIN is 34AABCK3967C1ZQ (Puducherry). The company held 4 GST registrations, all of them active.
The company had an authorised share capital of ₹5.25 Cr and a paid-up capital of ₹2.52 Lakh. It was led by directors including Ratnadeep Datta and Kumar Subramaniam.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at R.S No. 4/5 And 4/6 Vazhudavur Road Kurumampet Revenue Village Villianur Co, Mmune, Puducherry, India – 605009.
As per the financials filed for FY 2021, the company reported a revenue of ₹451.27 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net loss of ₹124.56 Cr (net margin -27.6%) and EBITDA of ₹137.57 Cr (EBITDA margin 30.5%). Revenue has declined at a compounded annual rate (CAGR) of 1% over five years.
The company had about 190 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹9.76 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The last known website on record is spi-global.com.
Company details
Contact details
Spi Technologies India Private Limited's registered office is in Puducherry, Puducherry. Its website is spi-global.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressR.S No. 4/5 And 4/6 Vazhudavur Road Kurumampet Revenue Village Villianur Co, Mmune, Puducherry, India – 605009
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Spi Technologies 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 Spi Technologies India is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Spi Technologies India Private Limited, buy the company report.
Financials of Spi Technologies India Private Limited
FY 2017 filings availableSpi Technologies India Private Limited reported revenue of ₹451.27 Cr (down 4% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 4% fall in the latest year. EBITDA rose 9% 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 | ₹137.57 Cr | ||||
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| Net Profit (PAT) | -₹124.56 Cr | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA Margin | 30.5% | ||||
| Net Profit Margin | -27.6% | ||||
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To see the full financial statements and ratios of Spi Technologies India Private Limited, buy the company report.
Board of directors of Spi Technologies India Private Limited
Spi Technologies India has 3 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ratnadeep Datta | Director | 14 Aug 2007 | 19 Years 2 Months | As last reported |
| Kuppusamy Ezhil Arasan Also directs: Spi Technologies India Private Limited | Alternate Director | 04 Sep 2012 | 14 Years 1 Months | As last reported |
| Kumar Subramaniam | Director | 29 Sep 2016 | 10 Years 0 Months | As last reported |
Auditor
Spi Technologies India Private Limited is audited by Price waterhouse chartered accountants LLP for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price waterhouse chartered accountants LLP | FY 2017 | 012754N/N5 |
Shareholding
The shareholding of Spi Technologies India 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 Technologies India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Mar 2005 | 80020413 | Standard Chartered Bank | ₹6 Cr | Satisfied | |
| 23 Mar 2005 | 90288085 | Standard Chartered Bank | ₹3.6 Cr | Satisfied | |
| 08 Nov 2004 | 80017881 | Hdfc Bank Limited | ₹11.21 Lakh | Satisfied | |
| 04 Nov 2004 | 90286653 | Icici Bank Ltd | ₹5 Lakh | Satisfied |
To see the full charge records of Spi Technologies India Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Spi Technologies India Private Limited has 2 court cases on record: 2 filed by Spi Technologies India. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, PONDICHERRY | Writ petition | Filed by the company against The Assistant Provident Fund Commissioner, | Disposed |
| High Court, PONDICHERRY | Interim or miscellaneous application | Filed by the company against The Assistant Provident Fund Commissioner, | Disposed |
To see the full case history of Spi Technologies 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.
Credit ratings & regulatory alerts
Spi Technologies India Private Limited was last rated by Care on 07 Feb 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 07 Feb 2022 |
To see the full credit ratings and regulatory alerts of Spi Technologies India Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Spi Technologies India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Spi Technologies India Private Limited has a workforce of 190 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Spi Technologies India has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 34AABCK3967C1ZQ | Puducherry | Active | 01 Jul 2017 |
| 34AABCK3967C2ZP | Puducherry | Active | 29 Aug 2017 |
| 33AABCK3967C1ZS | Tamil Nadu | Active | 01 Jul 2017 |
| 33AABCK3967C2ZR | Tamil Nadu | Active | 14 Jul 2017 |
To see the full GST registrations and return filing status of Spi Technologies India Private Limited, buy the company report.
Recent activity
Spi Technologies India Private Limited has 22 board changes on record since 2007: 3 appointments and 19 cessations. The latest: Alvin Tsz Wang Lam ceased to be Additional Director on 21 Aug 2017.
21 earlier events are in the company report.
Frequently asked questions
Spi Technologies India has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Spi Technologies India was a private limited company based in Puducherry, India. The company worked in business and IT consulting, within the business outsourcing industry. It was incorporated on 31 March 1999 and is registered under CIN U22110PY1999PTC001459. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Spi Technologies India was incorporated on 31 March 1999. It is registered with the Registrar of Companies, Pondicherry.
Spi Technologies India had 3 directors:
- Ratnadeep Datta - Director
- Kuppusamy Ezhil Arasan - Alternate Director
- Kumar Subramaniam - Director
The CIN (Corporate Identification Number) of Spi Technologies India is U22110PY1999PTC001459. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Spi Technologies India is at R.S No. 45 And 46 Vazhudavur Road Kurumampet Revenue Village Villianur Co, Mmune, Puducherry, India – 605009.
Spi Technologies India can be reached through the website spi-global.com. Its registered office is in Puducherry, India.
The latest financial statements of Spi Technologies India on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The GSTIN of Spi Technologies India is 34AABCK3967C1ZQ, registered in Puducherry. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 34AABCK3967C2ZP (Puducherry), 33AABCK3967C1ZS (Tamil Nadu), 33AABCK3967C2ZR (Tamil Nadu).
Spi Technologies India operated in the business outsourcing industry, in the business and IT consulting segment.