MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-24-0011688
Spica Technitex Private Limited - manufacturing in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹2.03 Cr
▼ 16% YoY
Net profit · FY 2023
₹13.36 Lakh
Net margin 6.6%
EBITDA · FY 2023
₹36 Lakh
EBITDA margin 17.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹1.48 Cr
Secured borrowings
Company age
16 yrs
Est. 2010
Directors on board
2
As per MCA filings
About Spica Technitex Private Limited
Data last updated:
Spica Technitex Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 22 July 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17299GJ2010PTC061709. Its GSTIN is 24AAOCS5574N1ZK (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Anurag Tiwari and Varshanter Kumar Srivastava.
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 Plot No. 576 Savli Industrial Estate GIDC Savli Manjusar Taluka Savli, Vadodara, Gujarat, India – 391775.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.03 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹13.36 Lakh (net margin 6.6%) and EBITDA of ₹36 Lakh (EBITDA margin 17.7%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 6% over five years.
The company is associated with 1 brand: Spica Technitex. As per MCA filings, the company has open charges of ₹1.48 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
Spica Technitex Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0011688). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spicatechnitex.com.
Company details
CIN U17299GJ2010PTC061709
Registration Number 061709
Incorporation Date 22 July 2010
ROC Ahmedabad
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 Micro
Udyam Registration UDYAM-GJ-24-0011688
Recognitions & Rankings of Spica Technitex
Contact details
Spica Technitex Private Limited's registered office is in Vadodara, Gujarat. Its website is spicatechnitex.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 576 Savli Industrial Estate GIDC Savli Manjusar Taluka Savli, Vadodara, Gujarat, India – 391775
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Spica Technitex Private Limited, buy the company report.
Comprehensive company report
Spica Technitex 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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Brands
Spica Technitex operates one associated brand: Spica Technitex. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and exporting of hygiene wipes and technical textiles in India. | spicatechnitex.com |
Financials of Spica Technitex Private Limited
FY 2025 filings availableSpica Technitex Private Limited reported revenue of ₹2.03 Cr (down 16% YoY) for FY 2023.
Revenue · FY 2023
₹2.03 Cr ▼ 16%
Net profit · FY 2023
₹13.36 Lakh margin 6.6%
EBITDA · FY 2023
₹36 Lakh margin 17.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 16%
3 years · compounded
▲ 16%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▼ 47%
3 years · compounded
▲ 37%
Revenue fell 16% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 47% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.03 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹36 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.36 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.7% | ||||
| Net Profit Margin | 6.6% | ||||
| 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 Technitex Private Limited, buy the company report.
Board of directors of Spica Technitex Private Limited
Spica Technitex has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anurag Tiwari | Director | 22 Jul 2010 | 16 Years 3 Months | Current |
| Varshanter Kumar Srivastava Also directs: Saral Nirmanika Private Limited | Director | 22 Jul 2010 | 16 Years 3 Months | Current |
Auditor
Spica Technitex Private Limited is audited by T G SHAH & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T G SHAH & CO | FY 2023 | 0125152W |
Shareholding
The shareholding of Spica Technitex Private Limited is on record for 5 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 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Spica Technitex Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.48 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Dec 2010 | 10257585 | State Bank of India | ₹74 Lakh | Open | |
| 23 Nov 2010 | 10257562 | State Bank of India | ₹74 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Spica Technitex Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Total cases
2
Filed against the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Court case (CR EN) | Filed against the company by Employees State Insurance Corp. | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by Employees State Insurance Corp. | Disposed |
To see the full case history of Spica Technitex 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 Spica Technitex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Spica Technitex has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAOCS5574N1ZK | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Spica Technitex Private Limited, buy the company report.
Recent activity
Spica Technitex Private Limited has 2 board changes on record since 2010: 2 appointments. The latest: Anurag Tiwari was appointed as Director on 22 Jul 2010.
AGM
Spica Technitex Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Spica Technitex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with State Bank Of India amounted to Rs. 74.00 Lakh with Charge ID 10257585 was registered on 10 Dec 2010.
Charges
A charge with State Bank Of India amounted to Rs. 74.00 Lakh with Charge ID 10257562 was registered on 23 Nov 2010.
Appointed
Anurag Tiwari was appointed as Director.
Appointed
Varshanter Kumar Srivastava was appointed as Director.
Incorporation
22 Jul 2010
Spica Technitex Private Limited was registered on 22 Jul 2010 with Roc Ahmedabad & aged 16 years 3 months as per MCA records.
Frequently asked questions
Spica Technitex is an active private limited company based in Vadodara, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 22 July 2010 (16+ years old) and is registered under CIN U17299GJ2010PTC061709.
Spica Technitex has 2 current directors:
- Anurag Tiwari - Director
- Varshanter Kumar Srivastava - Director
The latest financial statements of Spica Technitex 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 2015 are in the company report.
The GSTIN of Spica Technitex is 24AAOCS5574N1ZK, registered in Gujarat.
The CIN (Corporate Identification Number) of Spica Technitex is U17299GJ2010PTC061709. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spica Technitex has 2 court cases on record: 2 filed against it.
Spica Technitex was incorporated on 22 July 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Anurag Tiwari was appointed as Director on 22 Jul 2010. Varshanter Kumar Srivastava was appointed as Director on 22 Jul 2010.
Yes, Spica Technitex is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-24-0011688).
Spica Technitex can be reached through the website spicatechnitex.com. Its registered office is in Vadodara, Gujarat, India.