Spica Elastic Private Limited

Spica Elastic Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN U17236MH1979PTC021712 Incorporated 25 September 1979 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company manufacturing
Data last updated
Revenue · FY 2025
₹141.61 Cr
▲ 114.00% YoY
EBITDA · FY 2025
Locked
In full report
Net profit · FY 2025
Locked
In full report
Authorised capital
₹7 Cr
Registered with MCA
Paid-up capital
₹4.61 Cr
Issued & subscribed
Open charges
₹38.38 Cr
Satisfied ₹104.35 Cr
Company age
47 yrs
Est. 1979
Employees · EPFO
3
Latest available

About Spica Elastic Private Limited

Data last updated: 23 December 2025

Spica Elastic Private Limited is a private limited company based in Mumbai, Maharashtra, India. It specialises in textile and fabric production, a part of the broader manufacturing sector. Incorporated on 25 September 1979, the company has been in operation for over 47 years.

Registered with ROC Mumbai under CIN U17236MH1979PTC021712.

Capital: an authorised share capital of ₹7 Cr and a paid-up capital of ₹4.61 Cr. Formerly known as Spica Elastic Limited. It is led by directors including Sohrab Khurshed Bharucha and Amish Rajnikant Jaitha.

Last AGM: 30 December 2024. Financial statements filed for year ended 31 March 2024. Office: 477 Chandra Chowk3Rd Lane M J Cloth Market, Mumbai, Maharashtra, India – 400002.

As per the financials filed for FY 2025, the company reported a revenue of ₹141.61 Cr, a growth of 114% compared to the previous year.

The company has a workforce of approximately 3 employees as per the latest available data. Its group structure includes 1 subsidiary.

As per MCA filings, the company has open charges of ₹38.38 Cr and satisfied charges of ₹104.35 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 spicaindia.com.

Company Details of Spica Elastic Private Limited
CIN U17236MH1979PTC021712
Registration Number 021712
Incorporation Date 25 September 1979
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 December 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
  • Registered Address
    477 Chandra Chowk3Rd Lane M J Cloth Market, Mumbai, Maharashtra, India – 400002
  • Industry
    Manufacturing, Textile & Fabric Production
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Financials, compliance, directors, charges, ownership and filings for Spica Elastic Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Business Activity of Spica Elastic Private Limited

Spica Elastic Private Limited is engaged in the principal business activity of trade, with detailed activities including retail trading.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
G Trade G2 Retail Trading Locked
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Auditor Details of Spica Elastic Private Limited

Spica Elastic Private Limited is audited by CNK AND for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
CNK AND Locked Locked Locked
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Complete auditor history for Spica Elastic Private Limited

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Board of Directors of Spica Elastic Private Limited

Spica Elastic Private Limited is currently managed by 4 directors, with 6 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Sohrab Khurshed Bharucha Director 01 Apr 2019 7 Years 3 Months Current
Amish Rajnikant Jaitha Director 16 Nov 1997 28 Years 8 Months Current
Manisha Manish Jaitha Director 01 Apr 2019 7 Years 3 Months Current
Manish Rajnikant Jaitha Managing Director 20 Jun 1988 38 Years 1 Months Current

Financials of Spica Elastic Private Limited FY 2024 filings available

Spica Elastic Private Limited reported revenue of ₹141.61 Cr (up 114.00% YoY) for FY 2025.

Revenue · FY 2025
₹141.61 Cr ▲ 114.00%
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Ten-year financial statements for Spica Elastic Private Limited

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Ownership and Shareholding of Spica Elastic Private Limited

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Shareholding and ownership data for Spica Elastic Private Limited

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Group Structure of Spica Elastic Private Limited

Spica Elastic Private Limited has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2023. The corporate group structure reflects Spica Elastic Private Limited's business expansion strategy and organizational complexity.

1
Subsidiary companies
1
Associated companies
Key Subsidiaries
Company Name CIN Shares Held
Spica Industries Private Limited U17309PN2022PTC213933 Locked

Showing major subsidiaries. Total: 1.

Charges & Borrowings of Spica Elastic Private Limited

Open charges
₹38.38 Cr
Satisfied charges
₹104.35 Cr
Breakdown by lending institutions
The Saraswat Co-Operative Bank Limited₹28.50 Cr
Others₹8.31 Cr
Bank of India₹1.57 Cr
Latest charge details
DateLenderAmountStatus
20 Feb 2025 Others ₹1.5 Cr Open
30 Nov 2021 Bank of India ₹1.57 Cr Open
30 Sep 2021 Others ₹6.81 Cr Open
19 Nov 2010 The Saraswat Co-Operative Bank Limited ₹14 Cr Open
15 Dec 2005 The Saraswat Co-Operative Bank Limited ₹14.5 Cr Open

Total charge records: 60 View all charges

Employees and EPFO Compliance at Spica Elastic Private Limited

Spica Elastic Private Limited has a workforce of 3 employees as of Apr 07, 2024.

Employee count
3
Active EPFO establishments
1
Employee growth
50%
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Employee and EPFO history for Spica Elastic Private Limited

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GST Compliance of Spica Elastic Private Limited

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GST registrations and filing compliance for Spica Elastic Private Limited

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Credit Ratings, Litigation & Regulatory Alerts for Spica Elastic Private Limited

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Credit ratings, litigation, and regulatory alerts for Spica Elastic Private Limited

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MSME Payment Delays by Spica Elastic Private Limited

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MSME payment history for Spica Elastic Private Limited

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Subsidiaries & Group Companies of Spica Elastic Private Limited

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Corporate group structure for Spica Elastic Private Limited

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MCA Filings & Documents of Spica Elastic Private Limited

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MCA filings and documents for Spica Elastic Private Limited

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Recent Activity on Spica Elastic Private Limited

Charges
20 Feb 2025
A charge with Others amounted to Rs. 1.50 Cr with Charge ID 101068064 was registered on 20 Feb 2025.
Activity
30 Dec 2024
Spica Elastic Private Limited last Annual general meeting of members was held on 30 Dec 2024 as per latest MCA records.
Activity
31 Mar 2024
Spica Elastic Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
21 Feb 2022
A charge with Others of Rs. 6.81 Cr registered on 30 Sep 2021 with Charge ID 100497587 was modified on 21 Feb 2022.
Charges
12 Jan 2022
A charge registered on 07 Sep 2019 via Charge ID 100291462 with Others was fully satisfied on 12 Jan 2022.
Charges
30 Nov 2021
A charge with Bank Of India amounted to Rs. 1.57 Cr with Charge ID 100516034 was registered on 30 Nov 2021.

Frequently Asked Questions about Spica Elastic Private Limited

Spica Elastic Private Limited is an active private limited company in the manufacturing sector based in Mumbai, Maharashtra, India. It was incorporated on 25 September 1979 (47+ years old) and is registered under CIN U17236MH1979PTC021712. The company has 3 employees.

Spica Elastic Private Limited reported revenue of ₹141.61 Cr for FY 2025 (up 114.00% YoY).

The current directors of Spica Elastic Private Limited are:

The primary industry of Spica Elastic Private Limited is manufacturing. The company specifically operates in textile and fabric production. The company is currently active in this sector.

Spica Elastic Private Limited can be reached at the registered office: 477 Chandra Chowk3Rd Lane M J Cloth Market, Mumbai, Maharashtra, India – 400002, or through the website spicaindia.com.

The authorised capital is ₹7 Cr, and the paid-up capital is ₹4.61 Cr.

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