
Spidernine Technologies Limited
About Spidernine Technologies Limited
Data last updated:
Spidernine Technologies Limited is a public limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 18 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2017PLC173888. Its GSTIN is 27AAZCS6069D1ZO (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Reema Chaudhri and Vaibhav Vasant Kadam.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Pushpak III Rd Floor Offic Nr.My Car Bhoomkar Wasti, Pune, Maharashtra, India – 411057.
As per the financials filed for FY 2023, the company reported a revenue of ₹35.56 Lakh, a growth of 61% compared to the previous year. For the same year it recorded a net profit of ₹5.31 Lakh (net margin 14.9%) and EBITDA of ₹5.36 Lakh (EBITDA margin 15.1%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 58% over five years.
Spidernine Technologies Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0232201). The current compliance status is marked as compliant by the Registrar of Companies.
Recognitions & Rankings of Spidernine Technologies
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0232201
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social Media
- Registered AddressPushpak III Rd Floor Offic Nr.My Car Bhoomkar Wasti, Pune, Maharashtra, India – 411057
- 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 Spidernine Technologies Limited
The main business activity of Spidernine Technologies 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 Spidernine Technologies Limited FY 2023 filings available
Spidernine Technologies Limited reported revenue of ₹35.56 Lakh (up 61% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Spidernine Technologies Limited
Revenue has grown at a compounded annual rate (CAGR) of 58% over five years, including 61% growth in the latest year. EBITDA rose 120% 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 Spidernine Technologies Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹5.36 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.31 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 Spidernine Technologies Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 14.9% | •••• | •••• | •••• | •••• |
| 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 Spidernine Technologies are in the company report.
Financial statements from FY 2018
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 Spidernine Technologies Limited
Spidernine Technologies has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Reema Chaudhri | Director | 18 Dec 2017 | 8 Years 10 Months | Current |
| Sudesh Dhananjay Bhoite | Additional Director | 01 Dec 2023 | 2 Years 10 Months | Current |
| Vaibhav Vasant Kadam Also directs: Foxnine Energy Private Limited, Envicon Projects Private Limited, Arys Consultancy India Private Limited and 1 more | Director | 18 Dec 2017 | 8 Years 10 Months | Current |
Peer Comparison of Spidernine Technologies Limited
Spidernine Technologies Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lw3 Private Limited | ₹35.58 Lakh (FY 2025) | •••• | •••• | 370.0% | •••• | Guwahati, Assam, India |
| Exphonus Solutions Private Limited | ₹35.57 Lakh (FY 2024) | •••• | •••• | 221.0% | •••• | Anaparthi, Andhra Pradesh, India |
| Inovics Technologies Private Limited | ₹35.57 Lakh (FY 2025) | •••• | •••• | -14.0% | •••• | New Delhi, Delhi, India |
| Fingertip Ecommerce Services Private Limited | ₹35.56 Lakh (FY 2025) | •••• | •••• | -16.0% | •••• | Kolkata, West Bengal, India |
| Dynaverse Technologies Private Limited | ₹35.56 Lakh (FY 2025) | •••• | •••• | 26.0% | •••• | Ahmedabad, Gujarat, India |
| Spidernine Technologies Limited this company | ₹35.56 Lakh (FY 2023) | •••• | •••• | 61.0% | •••• | Pune, Maharashtra, India |
| Root Id Private Limited | ₹35.55 Lakh (FY 2024) | •••• | •••• | 130.0% | •••• | Mumbai, Maharashtra, India |
| Vitasavvy Enterprises Private Limited | ₹35.55 Lakh (FY 2025) | •••• | •••• | 4.0% | •••• | Haldwani, Uttarakhand, India |
| Surety Telco Private Limited | ₹35.55 Lakh (FY 2025) | •••• | •••• | 238.0% | •••• | Gandhinagar, Gujarat, India |
| Finchgenix IT Services (OPC) Private Limited | ₹35.55 Lakh (FY 2025) | •••• | •••• | -8.0% | •••• | Noida, Uttar Pradesh, India |
| Paltechno CV Services Private Limited | ₹35.55 Lakh (FY 2025) | •••• | •••• | -42.0% | •••• | Mohali, Punjab, India |
Peers are the five companies nearest above and the five nearest below Spidernine Technologies by revenue in the same principal business activity (Computer programming, consultancy and related activities), 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 Spidernine Technologies Limited
Spidernine Technologies Limited is audited by S A N N & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S A N N & 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.
Ownership and Shareholding of Spidernine Technologies 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 Spidernine Technologies Limited
Spidernine Technologies Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Spidernine Technologies Limited
Employment history and EPFO contributions of people linked to Spidernine Technologies.
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 Spidernine Technologies Limited
Spidernine Technologies Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Sudesh Dhananjay Bhoite was appointed as Additional Director on 01 Dec 2023.
Credit Ratings, Litigation & Regulatory Alerts for Spidernine Technologies 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 Spidernine Technologies 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 Spidernine Technologies 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 Spidernine Technologies Limited
Spidernine Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAZCS6069D1ZO | Maharashtra | Active | 16 Jan 2018 |
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 Spidernine Technologies 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 Spidernine Technologies Limited
Spidernine Technologies is an active public limited company based in Pune, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 18 December 2017 (9+ years old) and is registered under CIN U74999PN2017PLC173888.
Spidernine Technologies reported revenue of ₹35.56 Lakh for FY 2023 (up 61% YoY).
Spidernine Technologies has 3 current directors:
- Reema Chaudhri - Director
- Sudesh Dhananjay Bhoite - Additional Director
- Vaibhav Vasant Kadam - Director
Spidernine Technologies reported a net profit of ₹5.31 Lakh (net margin 14.9%) and EBITDA of ₹5.36 Lakh (EBITDA margin 15.1%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Spidernine Technologies is -6% over three years and 58% over five years. In the latest year (FY 2023) revenue rose 61%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Spidernine Technologies is 27AAZCS6069D1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of Spidernine Technologies is U74999PN2017PLC173888. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spidernine Technologies was incorporated on 18 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Spidernine Technologies by revenue are Lw3 Private Limited, Exphonus Solutions Private Limited, Inovics Technologies Private Limited, Fingertip Ecommerce Services Private Limited, Dynaverse Technologies Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Sudesh Dhananjay Bhoite was appointed as Additional Director on 01 Dec 2023. Vaishali Sunil Pawar ceased to be Director on 01 Dec 2023. Reema Chaudhri was appointed as Director on 18 Dec 2017. Spidernine Technologies has 4 board changes on record in total.
Yes, Spidernine Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).