About Spicetech System Private Limited
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Spicetech System Private Limited is a private limited company based in New, Delhi, India, a subsidiary of Spicejet Limited. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 11 November 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2020PTC373102. Its GSTIN is 07ABECS8857K1ZM (Delhi).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1.5 Lakh. It is led by directors Ajay Singh and Shiwani Singh.
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 318 3rd Floor H – 6 Aggarwal Tower Netaji Subhash Place Pitampura, New, Delhi, India – 110034.
As per the financials filed for FY 2025, the company reported a revenue of ₹24.08 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net loss of ₹1.76 Cr (net margin -7.3%) and EBITDA of ₹4.6 Lakh (EBITDA margin 0.2%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years.
The company has about 127 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: SpiceTech Systems.
For more details, the company can be reached via its website spicetech.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address318 3rd Floor H – 6 Aggarwal Tower Netaji Subhash Place Pitampura, New, Delhi, India – 110034
- IndustryInformation Technology, Application Development & Software Solutions
- 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
Business Activity of Spicetech System Private Limited
The main business activity of Spicetech System is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Spicetech System Private Limited FY 2025 filings available
Spicetech System Private Limited reported revenue of ₹24.08 Cr (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Spicetech System Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 15% over three years, including 7% growth in the latest year. EBITDA rose 104% 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 Spicetech System 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 | ₹4.6 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.76 Cr | •••• | •••• | •••• | •••• |
| 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 Spicetech System Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -7.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Spicetech System are in the company report.
Financial statements from FY 2021
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.
Peer Comparison of Spicetech System Private Limited
Spicetech System Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sunbridge Software Services Private Limited | •••• | •••• | •••• | •••• | 66 | Pune, Maharashtra, India |
| Logichub India Private Limited | •••• | •••• | •••• | •••• | 59 | New Delhi, Delhi, India |
| S S Telenetwork Private Limited | •••• | •••• | •••• | •••• | - | Lucknow, Uttar Pradesh, India |
| Espina Technologies Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Zip Infosolutions Private Limited | •••• | •••• | •••• | •••• | 96 | Mumbai, Maharashtra, India |
| Spicetech System Private Limited this company | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Logility Solutions Private Limited | •••• | •••• | •••• | •••• | 58 | Bangalore, Karnataka, India |
| Shellinfosg Global Digital Technologies Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Inventive Global Solutions Private Limited | •••• | •••• | •••• | •••• | - | Pune City, Maharashtra, India |
| Cerisetech Solutions Private Limited | •••• | •••• | •••• | •••• | - | Pune City, Maharashtra, India |
| Akaike Technologies Private Limited | •••• | •••• | •••• | •••• | 83 | Bangalore North, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Spicetech System by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Spicetech System Private Limited
Spicetech System Private Limited is audited by Walker Chandiok & Co. LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Walker Chandiok & Co. LLP | 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.
Board of Directors of Spicetech System Private Limited
Spicetech System has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Singh | Director | 11 Nov 2020 | 5 Years 10 Months | Current |
| Shiwani Singh | Director | 11 Nov 2020 | 5 Years 10 Months | Current |
Ownership and Shareholding of Spicetech System 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 Spicetech System Private Limited
Spicetech System Private Limited does not have any charges (loans) registered with the Registrar of Companies.
MSME Payment Delays by Spicetech System Private Limited
Spicetech System Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 7 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| DKM Online Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Spicetech System Private Limited
Spicetech System operates one associated brand: SpiceTech Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers advanced web-based applications tailored for the aviation industry. | spicetech.com |
Employees and EPFO Compliance at Spicetech System Private Limited
Spicetech System Private Limited has a workforce of 127 employees as of Apr 01, 2024.
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 Spicetech System Private Limited
Spicetech System Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Ajay Singh was appointed as Director on 11 Nov 2020.
Credit Ratings, Litigation & Regulatory Alerts for Spicetech System 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.
Subsidiaries & Group Companies of Spicetech System 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 Spicetech System Private Limited
Spicetech System has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07ABECS8857K1ZM | Delhi | Active | 17 Jan 2021 |
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 Spicetech System 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 Spicetech System Private Limited
Spicetech System is an active private limited company based in New, Delhi, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 11 November 2020 (6+ years old) and is registered under CIN U72900DL2020PTC373102.
Spicetech System reported revenue of ₹24.08 Cr for FY 2025 (up 7% YoY).
Spicetech System has 2 current directors:
- Ajay Singh - Director
- Shiwani Singh - Director
Spicetech System reported a net loss of ₹1.76 Cr (net margin -7.3%) and EBITDA of ₹4.6 Lakh (EBITDA margin 0.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Spicetech System is 15% over three years. In the latest year (FY 2025) revenue rose 7%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Spicetech System is 07ABECS8857K1ZM, registered in Delhi.
The CIN (Corporate Identification Number) of Spicetech System is U72900DL2020PTC373102. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spicetech System was incorporated on 11 November 2020, making it 6+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Spicetech System by revenue are Sunbridge Software Services Private Limited, Logichub India Private Limited, S S Telenetwork Private Limited, Espina Technologies Private Limited, Zip Infosolutions Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Ajay Singh was appointed as Director on 11 Nov 2020. Shiwani Singh was appointed as Director on 11 Nov 2020.
Spicetech System has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 7 overdue payments to 1 micro and small supplier. The latest return was filed on 28 Apr 2022.
Spicetech System can be reached through the website spicetech.com. Its registered office is in New, Delhi, India.