About Spice Labs Private Limited
Data last updated:
Spice Labs Private Limited was a private limited company based in New Delhi, Delhi, India, operated as a subsidiary of Spice Digital Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 25 May 2009.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U72300DL2009PTC311320. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10.05 Cr and a paid-up capital of ₹10.05 Cr. It was formerly known as Spice Labs Limited and Spice E-Labs Private Limited. It was led by directors including Sunil Kumar Bhansali and Madhusudan Venkatachary.
Its last annual general meeting (AGM) was held on 27 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 622 6th Floor DLF Tower A Jasola District Centre, New Delhi, Delhi, India – 110025.
As per the financials filed for FY 2018, the company reported a revenue of ₹15.46 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹5.4 Lakh (net margin 0.3%) and EBITDA of ₹1.17 Cr (EBITDA margin 7.6%).
The company had about 99 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 2 brands: Spice Labs and Spice Digital. Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending.
The last known website on record is spicedigital.in.
Company details
Name history
Spice Labs has undergone 2 name changes throughout its history. The company was previously known as Spice Labs Limited, and Spice E-Labs Private Limited. The current legal name is Spice Labs Private Limited.
| Company Name | Status |
|---|---|
| Spice Labs Private Limited | Current |
| Spice Labs Limited | Previous |
| Spice E-Labs Private Limited | Previous |
CIN history
Spice Labs has one previous CIN (Corporate Identification Number): U72300UP2009PTC037430. The current CIN is U72300DL2009PTC311320, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72300DL2009PTC311320 | Current |
| U72300UP2009PTC037430 | Previous |
Contact details
Spice Labs Private Limited's registered office is in New Delhi, Delhi. Its website is spicedigital.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address622 6th Floor DLF Tower A Jasola District Centre, New Delhi, Delhi, India – 110025
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Spice Labs Private Limited, buy the company report.
- 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
Brands
Spice Labs operates two associated brands: Spice Labs and Spice Digital. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates as a studio for developing mobile game applications. | spicelabs.in | |
| Mobile Value Added Services and technology solutions provider | spicedigital.in |
Business activity
The main business activity of Spice Labs 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 Spice Labs Private Limited, buy the company report.
Financials of Spice Labs Private Limited
FY 2018 filings availableSpice Labs Private Limited reported revenue of ₹15.46 Cr (up 534% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 534% in the latest year. EBITDA rose 73% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| 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 | ₹1.17 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹5.4 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 7.6% | |||
| Net Profit Margin | 0.3% | |||
| 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 Labs Private Limited, buy the company report.
Board of directors and KMP of Spice Labs Private Limited
Spice Labs Private Limited currently reports 5 directors and 1 key managerial person. 15 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Kumar Bhansali Also directs: Grace Books Private Limited, Monset Fastners Private Limited, Oswal Advisory Services Private Limited and 1 more | Director | 28 Mar 2015 | 11 Years 6 Months | As last reported |
| Madhusudan Venkatachary Also directs: Vital B2b Private Limited | Director | 13 Sep 2014 | 12 Years 1 Months | As last reported |
| Sunil Kumar Kapoor | Director | 14 Apr 2015 | 11 Years 6 Months | As last reported |
| Seema Salwan | Director | 28 Mar 2015 | 11 Years 6 Months | As last reported |
| Ravindra Kumar Sarawagi | Cfo | 04 Aug 2017 | 9 Years 2 Months | As last reported |
| Prashant Hansraj | Manager | 04 Aug 2017 | 9 Years 2 Months | As last reported |
Auditor
Spice Labs Private Limited is audited by GUPTA GARG & AGARWAL for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GUPTA GARG & AGARWAL | FY 2017 | 505762C |
Shareholding
The shareholding of Spice Labs Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Spice Labs Private Limited, buy the company report.
Legal cases
Spice Labs Private Limited has 2 court cases on record: 2 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandigarh | Civil suit | Filed against the company by M/S Aeren IT Solutions P Ltd | Pending |
| District court, Chandigarh | Court case (CS CJ) | Filed against the company by M/S Aeren IT Solutions P Ltd | Pending |
To see the full case history of Spice Labs 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 Spice Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Spice Labs has 1 associated company. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
Employees & EPFO
Spice Labs Private Limited has a workforce of 99 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Spice Labs has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Spice Labs Private Limited, buy the company report.
Recent activity
Spice Labs Private Limited has 18 board changes on record since 2010: 6 appointments and 12 cessations. The latest: Prashant Hansraj was appointed as Manager on 04 Aug 2017.
9 earlier events are in the company report.
News
Frequently asked questions
Spice Labs has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Spice Labs was a private limited company based in New Delhi, Delhi, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 25 May 2009 and is registered under CIN U72300DL2009PTC311320. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Spice Labs was incorporated on 25 May 2009. It is registered with the Registrar of Companies, Delhi.
Spice Labs had 6 directors and KMP:
- Sunil Kumar Bhansali - Director
- Madhusudan Venkatachary - Director
- Sunil Kumar Kapoor - Director
- Seema Salwan - Director
- Ravindra Kumar Sarawagi - Cfo
- Prashant Hansraj - Manager
The CIN (Corporate Identification Number) of Spice Labs is U72300DL2009PTC311320. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Spice Labs is at 622 6th Floor DLF Tower A Jasola District Centre, New Delhi, Delhi, India – 110025.
Spice Labs can be reached through the website spicedigital.in. Its registered office is in New Delhi, Delhi, India.
The latest financial statements of Spice Labs on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 27 September 2018. Year-wise statements from 2015 are in the company report.
No. Spice Labs has 1 GST registration on record and it is cancelled or inactive.
Spice Labs operated in the information technology industry, in the application development and software solutions segment.