MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-26-0348907
Spica Industries Private Limited
Spica Industries Private Limited - fashion and textile in Pune, Maharashtra, India. Directors, charges & compliance details.
Revenue · FY 2025
₹81.99 Cr
▲ 91% YoY
Net loss · FY 2025
₹95.96 Lakh
Net margin -1.2%
EBITDA · FY 2025
₹11.21 Cr
EBITDA margin 13.7%
Authorised capital
₹7 Cr
Registered with MCA
Paid-up capital
₹3 Cr
Issued & subscribed
Open charges
₹46.91 Cr
Secured borrowings
Company age
4 yrs
Est. 2022
Employees · EPFO
52
Provident fund records
About Spica Industries Private Limited
Data last updated:
Spica Industries Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the innerwear segment of the fashion and textiles sector. It was incorporated on 18 August 2022.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U17309PN2022PTC213933. Its GSTIN is 27ABJCS1907K1Z2 (Maharashtra).
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹3 Cr. It is led by directors including Sohrab Khurshed Bharucha and Amish Rajnikant Jaitha.
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 Pune, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹81.99 Cr, a growth of 91% compared to the previous year. For the same year it recorded a net loss of ₹95.96 Lakh (net margin -1.2%) and EBITDA of ₹11.21 Cr (EBITDA margin 13.7%).
The company has about 52 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹46.91 Cr on record.
Spica Industries Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-26-0348907). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17309PN2022PTC213933
Registration Number 213933
Incorporation Date 18 August 2022
ROC Pune
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 MSME
Udyam Registration UDYAM-MH-26-0348907
Key People
Sohrab Khurshed Bharucha Director Amish Rajnikant Jaitha Director Manisha Manish Jaitha Director Recognitions & Rankings of Spica Industries
Contact details
Spica Industries Private Limited's registered office is in Pune, Maharashtra.
- Registered AddressOffice No. 902 Global Square Building, Deccan College Road, Pune, Maharashtra, India – 411006
- IndustryFashion and Textile, Innerwear
Comprehensive company report
Spica Industries 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 Spica Industries is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
Financials of Spica Industries Private Limited
FY 2025 filings availableSpica Industries Private Limited reported revenue of ₹81.99 Cr (up 91% YoY) for FY 2025.
Revenue · FY 2025
₹81.99 Cr ▲ 91%
Net loss · FY 2025
₹95.96 Lakh margin -1.2%
EBITDA · FY 2025
₹11.21 Cr margin 13.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 91%
EBITDA CAGR growth
1 year
▲ 71%
Revenue rose 91% in the latest year. EBITDA rose 71% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | ₹11.21 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹95.96 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 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 13.7% | ||
| Net Profit Margin | -1.2% | ||
| 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 Spica Industries Private Limited, buy the company report.
Board of directors of Spica Industries Private Limited
Spica Industries has 5 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sohrab Khurshed Bharucha | Director | 18 Aug 2022 | 4 Years 2 Months | Current |
| Amish Rajnikant Jaitha | Director | 18 Aug 2022 | 4 Years 2 Months | Current |
| Manisha Manish Jaitha | Director | 18 Aug 2022 | 4 Years 2 Months | Current |
| Manish Rajnikant Jaitha Also directs: Sargam Packaging and Labels LLP, Spica Narrow Fabric LLP, Spica Elastic Private Limited and 2 more | Director | 18 Aug 2022 | 4 Years 2 Months | Current |
| Sandeep Sadanand Chavan | Additional Director | 20 Jan 2026 | 0 Years 9 Months | Current |
Peer comparison
Spica Industries Private Limited is compared with the 9 companies closest to it by revenue in the Apparel industry (Inner Wear), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Essdee Knitting Mills Private Limited | ₹99.67 Cr (FY 2025) | 3.0% | Tirupur, Tamil Nadu, India | |||
| Prism Knit-Fab Private Limited | ₹87.03 Cr (FY 2025) | -24.0% | Kolkata, West Bengal, India | |||
| Blossom Inners Private Limited | ₹84.65 Cr (FY 2024) | 8.0% | Muvattupuzha, Kerala, India | |||
| Ahill Apparel Exports Private Limited | ₹82.3 Cr (FY 2024) | -33.0% | Tirupur, Tamil Nadu, India | |||
| Spica Industries Private Limitedthis company | ₹81.99 Cr (FY 2025) | -₹95.96 Lakh | -1.2% | 91.0% | Pune, Maharashtra, India | |
| M.J. Oswal Exports Private Limited | ₹79.86 Cr (FY 2025) | 3.0% | Ludhiana, Punjab, India | |||
| Mas Prana India Private Limited | ₹77.33 Cr (FY 2024) | -52.0% | Chengalpet, Tamil Nadu, India | |||
| KCJ Lingeries Private Limited | ₹70.41 Cr (FY 2024) | -8.0% | Delhi, India | |||
| Jagannath Textile Company Limited | ₹65.04 Cr (FY 2024) | Coimbatore, Tamil Nadu, India | ||||
| Shree Balaji Hosiery Mills Private Limited | ₹60.38 Cr (FY 2024) | 17.0% | New Delhi, Delhi, India |
To see the full peer comparison of Spica Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹46.91 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Nov 2022 | 100658554 | Others | ₹46.91 Cr | Open |
To see the full charge records of Spica Industries Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Spica Industries 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 Spica Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Spica Industries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABJCS1907K1Z2 | Maharashtra | Active | 19 Oct 2022 |
To see the full GST registrations and return filing status of Spica Industries Private Limited, buy the company report.
Recent activity
Spica Industries Private Limited has 5 board changes on record since 2022: 5 appointments. The latest: Sandeep Sadanand Chavan was appointed as Additional Director on 20 Jan 2026.
Appointed
Sandeep Sadanand Chavan was appointed as Additional Director.
AGM
Spica Industries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 46.91 Cr registered on 23 Nov 2022 with Charge ID 100658554 was modified on 29 Sep 2025.
Filing
Spica Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge with Others amounted to Rs. 46.91 Cr with Charge ID 100658554 was registered on 23 Nov 2022.
Appointed
Amish Rajnikant Jaitha was appointed as Director.
Appointed
Manish Rajnikant Jaitha was appointed as Director.
Appointed
Manisha Manish Jaitha was appointed as Director.
Appointed
Sohrab Khurshed Bharucha was appointed as Director.
Incorporation
18 Aug 2022
Spica Industries Private Limited was registered on 18 Aug 2022 with Roc Pune & aged 4 years 2 months as per MCA records.
Frequently asked questions
Spica Industries is an active private limited company based in Pune, Maharashtra, India. The company works in innerwear, within the fashion and textile industry. It was incorporated on 18 August 2022 (4+ years old) and is registered under CIN U17309PN2022PTC213933.
Spica Industries has 5 current directors:
- Sohrab Khurshed Bharucha - Director
- Amish Rajnikant Jaitha - Director
- Manisha Manish Jaitha - Director
- Manish Rajnikant Jaitha - Director
- Sandeep Sadanand Chavan - Additional Director
The latest financial statements of Spica Industries 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 FY 2023 are in the company report.
The GSTIN of Spica Industries is 27ABJCS1907K1Z2, registered in Maharashtra.
The CIN (Corporate Identification Number) of Spica Industries is U17309PN2022PTC213933. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spica Industries was incorporated on 18 August 2022, making it 4+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Spica Industries by revenue are Essdee Knitting Mills Private Limited, Prism Knit-Fab Private Limited, Blossom Inners Private Limited, Ahill Apparel Exports Private Limited, M.J. Oswal Exports Private Limited and 4 more, all in the Apparel industry (Inner Wear), with the same principal business activity (textile, leather and other apparel products).
Sandeep Sadanand Chavan was appointed as Additional Director on 20 Jan 2026. Amish Rajnikant Jaitha was appointed as Director on 18 Aug 2022. Manish Rajnikant Jaitha was appointed as Director on 18 Aug 2022. Spica Industries has 5 board changes on record in total.
Yes, Spica Industries is registered as an MSME under Udyam registration (number: UDYAM-MH-26-0348907).
The registered office of Spica Industries is at Office No. 902 Global Square Building, Deccan College Road, Pune, Maharashtra, India – 411006.
Spica Industries operates in the fashion and textile industry, in the innerwear segment.
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