Spidernine Technologies Limited

Spidernine Technologies Limited - information technology in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U74999PN2017PLC173888 Incorporated 18 December 2017 ROC Pune HQ Pune, Maharashtra, India
Active Public Limited Company information technology Startup India MSME · Micro
Data last updated
Revenue · FY 2023
₹35.56 Lakh
▲ 61% YoY
Net profit · FY 2023
₹5.31 Lakh
Net margin 14.9%
EBITDA · FY 2023
₹5.36 Lakh
EBITDA margin 15.1%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered

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.

Company Details of Spidernine Technologies Limited
CIN U74999PN2017PLC173888
Registration Number 173888
Incorporation Date 18 December 2017
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0232201

Recognitions & Rankings of Spidernine Technologies

Startup India Government of India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-26-0232201
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
  • Registered Address
    Pushpak III Rd Floor Offic Nr.My Car Bhoomkar Wasti, Pune, Maharashtra, India – 411057
  • Industry
    Information Technology, Application Development & Software Solutions
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Financials, compliance, directors, charges, ownership and filings for Spidernine Technologies Limited in one report.

Financials from FY 2018 Directors & ownership Charges & compliance

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 CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ6Computer programming, consultancy and related activitiesLocked
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Turnover share and past changes in activity are in the company report.

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Financials of Spidernine Technologies Limited FY 2023 filings available

Spidernine Technologies Limited reported revenue of ₹35.56 Lakh (up 61% YoY) for FY 2023.

Revenue · FY 2023
₹35.56 Lakh ▲ 61%
Net profit · FY 2023
₹5.31 Lakh margin 14.9%
EBITDA · FY 2023
₹5.36 Lakh margin 15.1%

Compounded Annual Growth Rate (CAGR) of Spidernine Technologies Limited

Revenue CAGR growth
1 year
▲ 61%
3 years · compounded
▼ 6%
5 years · compounded
▲ 58%
EBITDA CAGR growth
1 year
▲ 120%
3 years · compounded
▲ 82%
5 years · compounded
▲ 55%

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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin15.1%••••••••••••••••
Net Profit Margin14.9%••••••••••••••••
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.

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Financial statements from FY 2018

Earlier years and trend charts are in the company report.

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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.

Current Directors
NameDesignationAppointment DateTenureStatus
Reema ChaudhriDirector18 Dec 20178 Years 10 MonthsCurrent
Sudesh Dhananjay BhoiteAdditional Director01 Dec 20232 Years 10 MonthsCurrent
Vaibhav Vasant KadamDirector18 Dec 20178 Years 10 MonthsCurrent

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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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.

NameStatusAppointment DateCessation Date
S A N N & COLockedLockedLocked
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Ownership and Shareholding of Spidernine Technologies Limited

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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.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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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.

Appointed
Sudesh Dhananjay Bhoite was appointed as Additional Director.
Ceased
Vaishali Sunil Pawar ceased to be Director.
AGM
Spidernine Technologies Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Spidernine Technologies Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.
Appointed
Reema Chaudhri was appointed as Director.
Appointed
Vaibhav Vasant Kadam was appointed as Director.
Incorporation
18 Dec 2017
Spidernine Technologies Limited was registered on 18 Dec 2017 with Roc Pune & aged 8 years 10 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Spidernine Technologies Limited

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MSME Payment Delays by Spidernine Technologies Limited

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Subsidiaries & Group Companies of Spidernine Technologies Limited

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GST Compliance of Spidernine Technologies Limited

Spidernine Technologies has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAZCS6069D1ZOMaharashtraActive16 Jan 2018
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State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Spidernine Technologies Limited

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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:

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).

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