
Spicate Business Private Limited
About Spicate Business Private Limited
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Spicate Business Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the maintenance and repair of computing machinery segment of the electronics sector. It was incorporated on 06 June 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72502GJ2020PTC113810.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Bhagwatiprasad Purvanand Bahuguna and Paresh Bhagwati Prasad Bahuguna.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at K – 304 Binori Sonet Near Sarkari Tubewell Bopal, Ahmedabad, Gujarat, India – 380058.
As per the financials filed for FY 2022, the company reported a revenue of ₹30.34 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹19,429 (net margin 0.6%) and EBITDA of ₹58,811 (EBITDA margin 1.9%).
Spicate Business Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0000744).
Company details
Recognitions & Rankings of Spicate Business
- Category
- Micro (2020-21)
- Udyam number
- UDYAM-GJ-01-0000744
Contact details
Spicate Business Private Limited's registered office is in Ahmedabad, Gujarat.
- Registered AddressK – 304 Binori Sonet Near Sarkari Tubewell Bopal, Ahmedabad, Gujarat, India – 380058
- IndustryElectrnoics, Maintenance And Repair Of Computing Machinery, Office Equipment Repair
- 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 Spicate Business is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Spicate Business Private Limited, buy the company report.
Financials of Spicate Business Private Limited
FY 2022 filings availableSpicate Business Private Limited reported revenue of ₹30.34 Lakh (up 223% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 223% in the latest year. EBITDA rose 117% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
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| Other Income | ||
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| EBITDA | ₹58,811 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹19,429 | |
| Balance Sheet | ||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 1.9% | |
| Net Profit Margin | 0.6% | |
| Return on Equity (ROE) | ||
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To see the full financial statements and ratios of Spicate Business Private Limited, buy the company report.
Board of directors of Spicate Business Private Limited
Spicate Business has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhagwatiprasad Purvanand Bahuguna | Director | 06 Jun 2020 | 6 Years 5 Months | Current |
| Paresh Bhagwati Prasad Bahuguna | Director | 06 Jun 2020 | 6 Years 5 Months | Current |
Peer comparison
Spicate Business Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Golden Hive Hotel and Room Private Limited | ₹30.4 Lakh (FY 2022) | 182.0% | Thoraipakkam, Tamil Nadu, India | |||
| Cethos Knowledge Works Private Limited | ₹30.39 Lakh (FY 2017) | Patiala, Punjab, India | ||||
| DNZ Technologies Private Limited | ₹30.37 Lakh (FY 2024) | -49.0% | Hyderabad, Telangana, India | |||
| Doron Precision Systems India Private Limited | ₹30.35 Lakh (FY 2025) | 26.0% | Delhi, India | |||
| Osoft Labs Private Limited | ₹30.35 Lakh (FY 2022) | -74.0% | Hyderabad, Telangana, India | |||
| Spicate Business Private Limitedthis company | ₹30.34 Lakh (FY 2022) | ₹19,429 | 0.6% | 223.0% | Ahmedabad, Gujarat, India | |
| Zen Aspirations Private Limited | ₹30.33 Lakh (FY 2018) | -7.0% | Thiruvananthapuram, Kerala, India | |||
| Kois Innovative Private Limited | ₹30.32 Lakh (FY 2025) | 7.0% | Mumbai, Maharashtra, India | |||
| Experitest Software Private Limited | ₹30.32 Lakh (FY 2022) | -96.0% | Chennai, Tamil Nadu, India | |||
| Indoafrik Global Business Solutions Private Limited | ₹30.28 Lakh (FY 2020) | -10.0% | Mumbai, Maharashtra, India | |||
| Botexai Private Limited | ₹30.27 Lakh (FY 2025) | 5.0% | Delhi, India |
To see the full peer comparison of Spicate Business Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Spicate Business 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 Spicate Business Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Spicate Business Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Spicate Business Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Bhagwatiprasad Purvanand Bahuguna was appointed as Director on 06 Jun 2020.
Frequently asked questions
Spicate Business is an active private limited company based in Ahmedabad, Gujarat, India. The company works in maintenance and repair of computing machinery, within the electronics industry. It was incorporated on 06 June 2020 (6+ years old) and is registered under CIN U72502GJ2020PTC113810.
Spicate Business has 2 current directors:
- Bhagwatiprasad Purvanand Bahuguna - Director
- Paresh Bhagwati Prasad Bahuguna - Director
The latest financial statements of Spicate Business on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Spicate Business is U72502GJ2020PTC113810. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spicate Business was incorporated on 06 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Spicate Business by revenue are Golden Hive Hotel and Room Private Limited, Cethos Knowledge Works Private Limited, DNZ Technologies Private Limited, Doron Precision Systems India Private Limited, Osoft Labs Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Bhagwatiprasad Purvanand Bahuguna was appointed as Director on 06 Jun 2020. Paresh Bhagwati Prasad Bahuguna was appointed as Director on 06 Jun 2020.
Yes, Spicate Business is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Spicate Business is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0000744).
The registered office of Spicate Business is at K – 304 Binori Sonet Near Sarkari Tubewell Bopal, Ahmedabad, Gujarat, India – 380058.
Spicate Business operates in the electronics industry, in the maintenance and repair of computing machinery segment.

