Spicom Electronics Private Limited
About Spicom Electronics Private Limited
Data last updated:
Spicom Electronics Private Limited is a private limited company based in Anand, Gujarat, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 31 December 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51399GJ2003PTC043412. Its GSTIN is 24AAHCS9985N1ZC (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Priteshkumar Narsinhbhai Patel and Hitenkumar Rajnikant Patel.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at C/O Super Computer Services1St Floor Sankalp Nr Indo Africa Hall Sardar, Anand, Gujarat, India – 388001.
As per the financials filed for FY 2020, the company reported a revenue of ₹2.87 Cr, a decline of 40% compared to the previous year. For the same year it recorded a net profit of ₹1.06 Lakh (net margin 0.4%) and EBITDA of ₹64.57 Lakh (EBITDA margin 22.5%). Revenue has declined at a compounded annual rate (CAGR) of 28% over three years and 19% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.43 Cr on record. 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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- WebsiteLocked
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- Registered AddressC/O Super Computer Services1St Floor Sankalp Nr Indo Africa Hall Sardar, Anand, Gujarat, India – 388001
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- 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 Spicom Electronics Private Limited
The main business activity of Spicom Electronics is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | 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 Spicom Electronics Private Limited FY 2020 filings available
Spicom Electronics Private Limited reported revenue of ₹2.87 Cr (down 40% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Spicom Electronics Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 19% over five years, including a 40% fall in the latest year. EBITDA fell 13% 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 Spicom Electronics Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹2.87 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹64.57 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.06 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 Spicom Electronics Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 22.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.4% | •••• | •••• | •••• | •••• |
| 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 Spicom Electronics 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.
Peer Comparison of Spicom Electronics Private Limited
Spicom Electronics Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Infonexus Cable Net Private Limited | ₹2.88 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Pudukkad P O, Kerala, India |
| Intermark Associates Private Limited | ₹2.88 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | New Delhi, Delhi, India |
| MGS Power Instrument Private Limited | ₹2.88 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Ahmedabad, Gujarat, India |
| Tisser Rural Handicraft Private Limited | ₹2.88 Cr (FY 2025) | •••• | •••• | 264.0% | •••• | Mumbai, Maharashtra, India |
| Pee Bee Techno Trade Private Limited | ₹2.87 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Guwahati, Assam, India |
| Spicom Electronics Private Limited this company | ₹2.87 Cr (FY 2020) | •••• | •••• | -40.0% | •••• | Anand, Gujarat, India |
| Dynamic Mega Mart Private Limited | ₹2.86 Cr (FY 2021) | •••• | •••• | 273.0% | •••• | Solan, Himachal Pradesh, India |
| Antarik Entrade Private Limited | ₹2.86 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Agartala, Tripura, India |
| Arpita Telecom and Computer Services Private Limited | ₹2.86 Cr (FY 2016) | •••• | •••• | -49.0% | •••• | Hubli, Karnataka, India |
| Spearhead Multi Techno Private Limited | ₹2.86 Cr (FY 2024) | •••• | •••• | 37.0% | •••• | Wardha, Maharashtra, India |
| Satyakiran Coolers and Steel Furnitures Private Limited | ₹2.85 Cr (FY 2025) | •••• | •••• | 58.0% | •••• | Nagpur, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Spicom Electronics by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), 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 Spicom Electronics Private Limited
Spicom Electronics Private Limited is audited by UPENDRA K SHAH & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| UPENDRA K SHAH & CO | 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 Spicom Electronics Private Limited
Spicom Electronics has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Priteshkumar Narsinhbhai Patel | Director | 31 Dec 2003 | 22 Years 9 Months | Current |
| Hitenkumar Rajnikant Patel | Director | 31 Dec 2004 | 21 Years 9 Months | Current |
Ownership and Shareholding of Spicom Electronics 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 Spicom Electronics Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Jul 2020 | Uco Bank | ₹23 Lakh | Open |
| 15 Jan 2005 | Uco Bank | ₹1.2 Cr | Open |
Total charge records: 2 View all charges
Legal Cases of Spicom Electronics Private Limited
Spicom Electronics Private Limited has 4 court cases on record: 4 filed against it. 2 cases are pending and 2 are disposed. Status as checked between 30 Sep 2026 and 03 Oct 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, Anand, Gujarat | Court case (EXE R) | Filed against the company by Bajaj Finance Limited | Disposed |
| District court, Anand, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
| District court, Anand, Gujarat | Criminal complaint | Filed against the company by Ashwinbhai Kantilal Patel (HUF) | Pending |
| District court, Anand, Gujarat | Criminal miscellaneous application | Filed against the company by Uco Bank, Anand Branch | 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 Spicom Electronics Private Limited
Spicom Electronics Private Limited has a workforce of 6 employees as of Apr 04, 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 Spicom Electronics Private Limited
Spicom Electronics Private Limited has 4 board changes on record since 2003: 2 appointments and 2 cessations. The latest: Narendrakumar Chandulal Patel ceased to be Director on 01 Jan 2016.
Credit Ratings, Litigation & Regulatory Alerts for Spicom Electronics 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 Spicom Electronics 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 Spicom Electronics 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 Spicom Electronics Private Limited
Spicom Electronics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCS9985N1ZC | Gujarat | Active | 01 Jul 2017 |
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 Spicom Electronics 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 Spicom Electronics Private Limited
Spicom Electronics is an active private limited company based in Anand, Gujarat, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 31 December 2003 (23+ years old) and is registered under CIN U51399GJ2003PTC043412.
Spicom Electronics reported revenue of ₹2.87 Cr for FY 2020 (down 40% YoY).
Spicom Electronics has 2 current directors:
- Priteshkumar Narsinhbhai Patel - Director
- Hitenkumar Rajnikant Patel - Director
Spicom Electronics reported a net profit of ₹1.06 Lakh (net margin 0.4%) and EBITDA of ₹64.57 Lakh (EBITDA margin 22.5%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Spicom Electronics is -28% over three years and -19% over five years. In the latest year (FY 2020) revenue fell 40%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Spicom Electronics is 24AAHCS9985N1ZC, registered in Gujarat.
The CIN (Corporate Identification Number) of Spicom Electronics is U51399GJ2003PTC043412. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spicom Electronics has 4 court cases on record: 4 filed against it. 2 are pending.
Spicom Electronics was incorporated on 31 December 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Spicom Electronics by revenue are Infonexus Cable Net Private Limited, Intermark Associates Private Limited, MGS Power Instrument Private Limited, Tisser Rural Handicraft Private Limited, Pee Bee Techno Trade Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution).
Narendrakumar Chandulal Patel ceased to be Director on 01 Jan 2016. Hiren Babubhai Patel ceased to be Director on 01 Apr 2009. Hitenkumar Rajnikant Patel was appointed as Director on 31 Dec 2004. Spicom Electronics has 4 board changes on record in total.