Spice Solar Technology Private Limited
About Spice Solar Technology Private Limited
Data last updated:
Spice Solar Technology Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Smart Global Corporate Holding Private Limited. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 11 March 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74140DL2010PTC199967.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹88.6 Lakh. It is led by directors Punit Gupta and Vidya Chhabra.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 326 Ansal Chambers – II Bhikaji Cama Place R K Puram, New Delhi, Delhi, India – 110066.
As per the financials filed for FY 2025, the company reported a revenue of ₹82.21 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹78.76 Lakh (net margin 95.8%) and EBITDA of ₹81.88 Lakh (EBITDA margin 99.6%).
Court records list 4 cases involving the company, including 4 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address326 Ansal Chambers – II Bhikaji Cama Place R K Puram, New Delhi, Delhi, India – 110066
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
- 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
- One PDF report, delivered after checkout
Financials of Spice Solar Technology Private Limited FY 2024 filings available
Spice Solar Technology Private Limited reported revenue of ₹82.21 Lakh (up 679% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Spice Solar Technology Private Limited
Revenue rose 679% in the latest year. EBITDA rose 705% 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 of Spice Solar Technology Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹81.88 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹78.76 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 of Spice Solar Technology Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 99.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 95.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Spice Solar Technology are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Spice Solar Technology Private Limited
Spice Solar Technology has 2 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Punit Gupta | Director | 29 Nov 2017 | 8 Years 10 Months | Current |
| Vidya Chhabra Also directs: Auraa 100 Private Limited, Modipur Solar Lamps Private Limited, Paradise Markcon Private Limited and 5 more | Director | 29 Feb 2020 | 6 Years 7 Months | Current |
Peer Comparison of Spice Solar Technology Private Limited
Spice Solar Technology Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Arclights Power Solutions Private Limited (OPC) | ₹83.14 Lakh (FY 2025) | •••• | •••• | 252.0% | •••• | Chennai, Tamil Nadu, India |
| Agelast Innovative Solutions Private Limited | ₹82.75 Lakh (FY 2024) | •••• | •••• | 37.0% | •••• | Bishrakh, Uttar Pradesh, India |
| Ohms Control Systems (I) Private Limited | ₹82.53 Lakh (FY 2025) | •••• | •••• | 25.0% | •••• | Ahmedabad, Gujarat, India |
| DFB Natural Things Private Limited | ₹82.49 Lakh (FY 2024) | •••• | •••• | 39.0% | •••• | Chennai, Tamil Nadu, India |
| Elecnovo Private Limited | ₹82.22 Lakh (FY 2024) | •••• | •••• | 262.0% | •••• | Bangalore, Karnataka, India |
| Spice Solar Technology Private Limited this company | ₹82.21 Lakh (FY 2025) | •••• | •••• | 679.0% | •••• | New Delhi, Delhi, India |
| Hindustan Power Instruments Private Limited | ₹82.16 Lakh (FY 2025) | •••• | •••• | -10.0% | •••• | New Delhi, Delhi, India |
| RJP Technologies Private Limited | ₹81.97 Lakh (FY 2025) | •••• | •••• | -62.0% | •••• | Telangana, India |
| Wellmount Appliances Private Limited | ₹81.82 Lakh (FY 2025) | •••• | •••• | -12.0% | •••• | Noida, Uttar Pradesh, India |
| Glightz Led Private Limited | ₹81.5 Lakh (FY 2021) | •••• | •••• | -45.0% | •••• | Delhi, India |
| Radhey Recycling India Private Limited | ₹81.31 Lakh (FY 2025) | •••• | •••• | 500.0% | •••• | Bhesan, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Spice Solar Technology by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Spice Solar Technology Private Limited
Spice Solar Technology Private Limited is audited by GUPTA GARG & AGARWAL for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GUPTA GARG & AGARWAL | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Spice Solar Technology Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Spice Solar Technology Private Limited
Spice Solar Technology Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Spice Solar Technology Private Limited
Spice Solar Technology Private Limited has 4 court cases on record: 4 filed against it. 2 cases are pending and 2 are disposed. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 2 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jaisalmer, Rajasthan | Civil suit | Filed against the company by an individual | Pending |
| District court, Jaisalmer, Rajasthan | Civil miscellaneous application | Filed against the company by an individual | Pending |
| District court, Jaisalmer, Rajasthan | Civil miscellaneous application | Filed against the company by an individual | Disposed |
| District court, Jaisalmer, Rajasthan | Civil suit | Filed against the company by an individual | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Spice Solar Technology Private Limited
Employment history and EPFO contributions of people linked to Spice Solar Technology.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Spice Solar Technology Private Limited
Spice Solar Technology Private Limited has 14 board changes on record since 2010: 2 appointments and 12 cessations. The latest: Avedhesh Kumar Tayal ceased to be Additional Director on 24 Oct 2020.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Spice Solar Technology Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Spice Solar Technology Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Spice Solar Technology Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Spice Solar Technology Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Spice Solar Technology Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Spice Solar Technology Private Limited
Spice Solar Technology is an active private limited company based in New Delhi, Delhi, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 11 March 2010 (16+ years old) and is registered under CIN U74140DL2010PTC199967.
Spice Solar Technology reported revenue of ₹82.21 Lakh for FY 2025 (up 679% YoY).
Spice Solar Technology has 2 current directors:
- Punit Gupta - Director
- Vidya Chhabra - Director
Spice Solar Technology reported a net profit of ₹78.76 Lakh (net margin 95.8%) and EBITDA of ₹81.88 Lakh (EBITDA margin 99.6%) for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Spice Solar Technology is U74140DL2010PTC199967. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spice Solar Technology has 4 court cases on record: 4 filed against it. 2 are pending.
Spice Solar Technology was incorporated on 11 March 2010, making it 16+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Spice Solar Technology by revenue are Arclights Power Solutions Private Limited (OPC), Agelast Innovative Solutions Private Limited, Ohms Control Systems (I) Private Limited, DFB Natural Things Private Limited, Elecnovo Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing).
Avedhesh Kumar Tayal ceased to be Additional Director on 24 Oct 2020. Vidya Chhabra ceased to be Additional Director on 24 Oct 2020. Vidya Chhabra was appointed as Director on 29 Feb 2020. Spice Solar Technology has 14 board changes on record in total.
The registered office of Spice Solar Technology is at 326 Ansal Chambers – II Bhikaji Cama Place R K Puram, New Delhi, Delhi, India – 110066.
Spice Solar Technology has an authorised share capital of ₹2 Cr and a paid-up capital of ₹88.6 Lakh.