Startup India Government of India
Spice Asia Private Limited
Spice Asia Private Limited - food and beverages in Varanasi, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹7.85 Cr
▼ 6% YoY
Net profit · FY 2025
₹3.55 Lakh
Net margin 0.5%
EBITDA · FY 2025
₹22.6 Lakh
EBITDA margin 2.9%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Open charges
₹2.33 Cr
Satisfied ₹1.6 Cr
Company age
5 yrs
Est. 2021
Directors on board
3
As per MCA filings
About Spice Asia Private Limited
Data last updated:
Spice Asia Private Limited is a private limited company based in Varanasi, Uttar Pradesh, India, recognised as a startup by DPIIT. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 02 July 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U15490UP2021PTC148200. Its GSTIN is 09ABGCS3575A1ZC (Uttar Pradesh).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Sunil Kumar Keshari (Managing Director) and Gautam Keshari.
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 K – 64/55 Goladina Nath, Varanasi, Uttar Pradesh, India – 221001.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.85 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹3.55 Lakh (net margin 0.5%) and EBITDA of ₹22.6 Lakh (EBITDA margin 2.9%). Revenue has grown at a compounded annual rate (CAGR) of 230% over three years.
As per MCA filings, the company has open charges of ₹2.33 Cr and satisfied charges of ₹1.6 Cr on record.
Spice Asia Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-75-0012664). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U15490UP2021PTC148200
Registration Number 148200
Incorporation Date 02 July 2021
ROC Uttar Pradesh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-UP-75-0012664
Recognitions & Rankings of Spice Asia
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-UP-75-0012664
Contact details
Spice Asia Private Limited's registered office is in Varanasi, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressK – 64/55 Goladina Nath, Varanasi, Uttar Pradesh, India – 221001
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of Spice Asia Private Limited, buy the company report.
Comprehensive company report
Spice Asia 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 Spice Asia is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Spice Asia Private Limited, buy the company report.
Financials of Spice Asia Private Limited
FY 2025 filings availableSpice Asia Private Limited reported revenue of ₹7.85 Cr (down 6% YoY) for FY 2025.
Revenue · FY 2025
₹7.85 Cr ▼ 6%
Net profit · FY 2025
₹3.55 Lakh margin 0.5%
EBITDA · FY 2025
₹22.6 Lakh margin 2.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 230%
EBITDA CAGR growth
1 year
▼ 4%
3 years · compounded
▲ 330%
Revenue fell 6% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 230%. EBITDA fell 4% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| 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 | ₹22.6 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹3.55 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 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 2.9% | |||
| Net Profit Margin | 0.5% | |||
| 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 Spice Asia Private Limited, buy the company report.
Board of directors of Spice Asia Private Limited
Spice Asia has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Kumar Keshari | Managing Director | 02 Jul 2021 | 5 Years 4 Months | Current |
| Gautam Keshari | Director | 02 Jul 2021 | 5 Years 4 Months | Current |
| Saroj Keshari | Director | 10 Jan 2023 | 3 Years 10 Months | Current |
Peer comparison
Spice Asia Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kusum Automation Sensors Private Limited | ₹7.85 Cr (FY 2025) | -7.0% | Vadodara, Gujarat, India | |||
| Berg and Schmidt Ingredients (India) Private Limited | ₹7.85 Cr (FY 2020) | -23.0% | Pune, Maharashtra, India | |||
| Novopharm Life Sciences Private Limited | ₹7.85 Cr (FY 2024) | -1.0% | New Delhi, Delhi, India | |||
| Techparth Solutions Private Limited | ₹7.85 Cr (FY 2025) | -24.0% | Islampur, Maharashtra, India | |||
| Ms Fibre Work Industries Private Limited | ₹7.85 Cr (FY 2024) | 99.0% | Indore, Madhya Pradesh, India | |||
| Spice Asia Private Limitedthis company | ₹7.85 Cr (FY 2025) | ₹3.55 Lakh | 0.5% | -6.0% | Varanasi, Uttar Pradesh, India | |
| Vma Interior Products Private Limited | ₹7.85 Cr (FY 2025) | 5.0% | Solapur, Maharashtra, India | |||
| Vom Agri International Limited | ₹7.85 Cr (FY 2024) | -53.0% | Jodhpur, Rajasthan, India | |||
| Navochem India Private Limited | ₹7.85 Cr (FY 2025) | 27.0% | Chennai, Tamil Nadu, India | |||
| Sahayogi Flour Mills Private Limited | ₹7.85 Cr (FY 2025) | 86.0% | Siwan, Bihar, India | |||
| Shibakali Enterprise Private Limited | ₹7.84 Cr (FY 2025) | -9.0% | Burdwan, West Bengal, India |
To see the full peer comparison of Spice Asia Private Limited, buy the company report.
Auditor
Spice Asia Private Limited is audited by Gupta S. Kumar & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Gupta S. Kumar & Co. | FY 2023 | 006641C |
Shareholding
The shareholding of Spice Asia Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Spice Asia Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.33 Cr
Satisfied charges
₹1.6 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Oct 2024 | 101006977 | Hdfc Bank Limited | ₹18 Lakh | Open | |
| 26 Apr 2024 | 100965072 | Hdfc Bank Limited | ₹2.15 Cr | Open | |
| 21 Mar 2023 | 100715083 | Bank of India | ₹1.6 Cr | Satisfied |
To see the full charge records of Spice Asia Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Spice Asia 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 Spice Asia Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Spice Asia Private Limited has 1 active EPFO establishment as of Apr 05, 2024.
Active EPFO establishments
1
GST
Spice Asia has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09ABGCS3575A1ZC | Uttar Pradesh | Active | 19 Aug 2021 |
To see the full GST registrations and return filing status of Spice Asia Private Limited, buy the company report.
Recent activity
Spice Asia Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Saroj Keshari was appointed as Director on 10 Jan 2023.
Charges
A charge with Hdfc Bank Limited of Rs. 215.00 Lakh registered on 26 Apr 2024 with Charge ID 100965072 was modified on 21 Feb 2026.
AGM
Spice Asia Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Spice Asia Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Uttar Pradesh I.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 18.00 Lakh with Charge ID 101006977 was registered on 14 Oct 2024.
Charges
A charge registered on 21 Mar 2023 via Charge ID 100715083 with Bank Of India was fully satisfied on 12 Aug 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 215.00 Lakh with Charge ID 100965072 was registered on 26 Apr 2024.
Charges
A charge with Bank Of India amounted to Rs. 160.00 Lakh with Charge ID 100715083 was registered on 21 Mar 2023.
Appointed
Saroj Keshari was appointed as Director.
Appointed
Gautam Keshari was appointed as Director.
Appointed
Sunil Kumar Keshari was appointed as Managing Director.
Incorporation
02 Jul 2021
Spice Asia Private Limited was registered on 02 Jul 2021 with Roc Uttar Pradesh I & aged 5 years 4 months as per MCA records.
Frequently asked questions
Spice Asia is an active private limited company based in Varanasi, Uttar Pradesh, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 02 July 2021 (5+ years old) and is registered under CIN U15490UP2021PTC148200.
Spice Asia has 3 current directors:
- Sunil Kumar Keshari - Managing Director
- Gautam Keshari - Director
- Saroj Keshari - Director
The latest financial statements of Spice Asia 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 2022 are in the company report.
The GSTIN of Spice Asia is 09ABGCS3575A1ZC, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Spice Asia is U15490UP2021PTC148200. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spice Asia was incorporated on 02 July 2021, making it 5+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
The peers of Spice Asia by revenue are Kusum Automation Sensors Private Limited, Berg and Schmidt Ingredients (India) Private Limited, Novopharm Life Sciences Private Limited, Techparth Solutions Private Limited, Ms Fibre Work Industries Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Saroj Keshari was appointed as Director on 10 Jan 2023. Gautam Keshari was appointed as Director on 02 Jul 2021. Sunil Kumar Keshari was appointed as Managing Director on 02 Jul 2021.
Yes, Spice Asia is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Spice Asia is registered as a micro enterprise under Udyam registration (number: UDYAM-UP-75-0012664).
The registered office of Spice Asia is at K – 6455 Goladina Nath, Varanasi, Uttar Pradesh, India – 221001.
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