About Spider Multitech Private Limited
Data last updated:
Spider Multitech Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the software development and support services segment of the technology and IT services sector. It was incorporated on 03 January 2003.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U30007MH2003PTC138512.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Shekar Arumugam (Managing Director) and Swati Mahendra Negandhi.
Its last annual general meeting (AGM) was held on 06 November 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 102 Sardar Aakankshaopp Bhagawati Hospital S V Road Borivali West, Mumbai, Maharashtra, India – 400103.
As per the financials filed for FY 2020, the company reported a revenue of ₹3.42 Lakh, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹1.97 Lakh (net margin 57.6%) and EBITDA of ₹2.91 Lakh (EBITDA margin 85.2%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 2% over five years.
The last known website on record is spidersoftwareindia.com.
Company details
Contact details
Spider Multitech Private Limited's registered office is in Mumbai, Maharashtra. Its website is spidersoftwareindia.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address102 Sardar Aakankshaopp Bhagawati Hospital S V Road Borivali West, Mumbai, Maharashtra, India – 400103
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Spider Multitech 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
Business activity
The main business activity of Spider Multitech 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 |
Financials of Spider Multitech Private Limited
FY 2020 filings availableSpider Multitech Private Limited reported revenue of ₹3.42 Lakh (up 16% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 16% growth in the latest year. EBITDA rose 21% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Other Income | |||||
| Total Revenue | ₹3.42 Lakh | ||||
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| Total Expenses | |||||
| EBITDA | ₹2.91 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.97 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 85.2% | ||||
| Net Profit Margin | 57.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Spider Multitech Private Limited, buy the company report.
Board of directors of Spider Multitech Private Limited
Spider Multitech has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Swati Mahendra Negandhi Also directs: Intellect Software Solutions Private Limited | Director | 02 Mar 2018 | 8 Years 7 Months | As last reported |
| Shekar Arumugam Also directs: Gokyo Analytics LLP | Managing Director | 03 Jan 2003 | 23 Years 9 Months | As last reported |
| Ravi Trimbak Lokhande | Director | 03 Jan 2003 | 23 Years 9 Months | As last reported |
| Devesh Mahendra Negandhi | Director | 03 Jan 2003 | 23 Years 9 Months | As last reported |
Auditor
Spider Multitech Private Limited is audited by M B MISTRY & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M B MISTRY & CO | FY 2020 | 106443W |
Shareholding
The shareholding of Spider Multitech Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Spider Multitech Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Spider Multitech 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 Spider Multitech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Spider Multitech Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Spider Multitech Private Limited has 4 board changes on record since 2003: 4 appointments. The latest: Swati Mahendra Negandhi was appointed as Director on 02 Mar 2018.
Frequently asked questions
Spider Multitech has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Spider Multitech was a private limited company based in Mumbai, Maharashtra, India. The company worked in software development and support services, within the information technology industry. It was incorporated on 03 January 2003 and is registered under CIN U30007MH2003PTC138512. The company has been struck off by the Registrar of Companies and is no longer operational.
Spider Multitech had 4 directors:
- Shekar Arumugam - Managing Director
- Swati Mahendra Negandhi - Director
- Ravi Trimbak Lokhande - Director
- Devesh Mahendra Negandhi - Director
The CIN (Corporate Identification Number) of Spider Multitech is U30007MH2003PTC138512. 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 Spider Multitech is at 102 Sardar Aakankshaopp Bhagawati Hospital S V Road Borivali West, Mumbai, Maharashtra, India – 400103.
Spider Multitech was incorporated on 03 January 2003. It is registered with the Registrar of Companies, Mumbai.
Spider Multitech can be reached through the website spidersoftwareindia.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Spider Multitech on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 06 November 2020. Year-wise statements from 2015 are in the company report.
Spider Multitech operated in the information technology industry, in the software development and support services segment. It worked in this industry before it was struck off.
Swati Mahendra Negandhi was appointed as Director on 02 Mar 2018. Devesh Mahendra Negandhi was appointed as Director on 03 Jan 2003. Ravi Trimbak Lokhande was appointed as Director on 03 Jan 2003. Spider Multitech has 4 board changes on record in total.