MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0045454
Spigot Software Private Limited - information technology in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹9.3 Cr
▲ 8% YoY
Net profit · FY 2025
₹4.19 Lakh
Net margin 0.5%
EBITDA · FY 2025
₹39.35 Lakh
EBITDA margin 4.2%
Authorised capital
₹45 Lakh
Registered with MCA
Paid-up capital
₹43 Lakh
Issued & subscribed
Open charges
₹1 Cr
Satisfied ₹1.79 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
94
Provident fund records
About Spigot Software Private Limited
Data last updated:
Spigot Software Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 06 September 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2006PTC040423. Its GSTIN is 29AAFCA8854N1ZW (Karnataka).
The company has an authorised share capital of ₹45 Lakh and a paid-up capital of ₹43 Lakh. It was formerly known as Abraham & Bettadpur Management Services Private Limited. It is led by directors Bettadpur Govindan Srinath (Managing Director) and Mangala Srinath (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Shop No 10 2nd Floor No. 2580 27th Main 13th Cross 1st Sector Hsr Layout, Bengaluru, Karnataka, India – 560102.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.3 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹4.19 Lakh (net margin 0.5%) and EBITDA of ₹39.35 Lakh (EBITDA margin 4.2%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years.
The company has about 94 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Spigot Soft. As per MCA filings, the company has open charges of ₹1 Cr and satisfied charges of ₹1.79 Cr on record.
Spigot Software Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0045454). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spigotsoftware.in.
Company details
CIN U72200KA2006PTC040423
Registration Number 040423
Incorporation Date 06 September 2006
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0045454
Recognitions & Rankings of Spigot Software
Contact details
Spigot Software Private Limited's registered office is in Bengaluru, Karnataka. Its website is spigotsoftware.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressShop No 10 2nd Floor No. 2580 27th Main 13th Cross 1st Sector Hsr Layout, Bengaluru, Karnataka, India – 560102
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Spigot Software Private Limited, buy the company report.
Comprehensive company report
Spigot Software Private Limited - one report that includes everything
- 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
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Brands
Spigot Software operates one associated brand: Spigot Soft. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Creates unique design products tailored for gifting and individual preferences. | spigotsoft.com |
Business activity
The main business activity of Spigot Software is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Spigot Software Private Limited, buy the company report.
Financials of Spigot Software Private Limited
FY 2024 filings availableSpigot Software Private Limited reported revenue of ₹9.3 Cr (up 8% YoY) for FY 2025.
Revenue · FY 2025
₹9.3 Cr ▲ 8%
Net profit · FY 2025
₹4.19 Lakh margin 0.5%
EBITDA · FY 2025
₹39.35 Lakh margin 4.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▼ 39%
3 years · compounded
▼ 24%
5 years · compounded
▼ 12%
Revenue has grown at a compounded annual rate (CAGR) of 20% over three years, including 8% growth in the latest year. EBITDA fell 39% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹39.35 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.19 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.2% | ||||
| Net Profit Margin | 0.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Spigot Software Private Limited, buy the company report.
Board of directors of Spigot Software Private Limited
Spigot Software has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mangala Srinath Also directs: Spigot Technologies Private Limited | Whole-Time Director | 06 Sep 2006 | 20 Years 1 Months | Current |
| Bettadpur Govindan Srinath Also directs: Spigot Technologies Private Limited | Managing Director | 12 Jul 2008 | 18 Years 3 Months | Current |
Auditor
Spigot Software Private Limited is audited by RAKCHAMPS & CO. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAKCHAMPS & CO. LLP | FY 2023 | 131094W/W100083 |
Shareholding
The shareholding of Spigot Software Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Spigot Software Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1 Cr
Satisfied charges
₹1.79 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Feb 2023 | 100691059 | Others | ₹75 Lakh | Open | |
| 26 Dec 2011 | 10325113 | Hdfc Bank Limited | ₹25 Lakh | Open | |
| 09 Nov 2017 | 100138630 | Others | ₹1.74 Cr | Satisfied | |
| 04 Mar 2009 | 10153960 | Syndicate Bank | ₹5 Lakh | Satisfied |
To see the full charge records of Spigot Software Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Spigot Software 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 Spigot Software Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Spigot Software Private Limited has a workforce of 94 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
94
Active EPFO establishments
1
Employee growth
54.1%
GST
Spigot Software has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCA8854N1ZW | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Spigot Software Private Limited, buy the company report.
Recent activity
Spigot Software Private Limited has 4 board changes on record since 2006: 3 appointments and 1 cessation. The latest: Bettadpur Govindan Srinath was appointed as Managing Director on 12 Jul 2008.
AGM
Spigot Software Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Spigot Software Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 75.00 Lakh with Charge ID 100691059 was registered on 14 Feb 2023.
Charges
A charge registered on 09 Nov 2017 via Charge ID 100138630 with Others was fully satisfied on 01 Dec 2022.
Charges
A charge with Others amounted to Rs. 174.00 Lakh with Charge ID 100138630 was registered on 09 Nov 2017.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 25.00 Lakh with Charge ID 10325113 was registered on 26 Dec 2011.
Charges
A charge registered on 04 Mar 2009 via Charge ID 10153960 with Syndicate Bank was fully satisfied on 05 Mar 2010.
Charges
A charge with Syndicate Bank amounted to Rs. 5.00 Lakh with Charge ID 10153960 was registered on 04 Mar 2009.
Appointed
Bettadpur Govindan Srinath was appointed as Managing Director.
Ceased
Vivien Muriel Abraham ceased to be Director.
Appointed
Mangala Srinath was appointed as Whole-Time Director.
Appointed
Vivien Muriel Abraham was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Spigot Software is an active private limited company based in Bengaluru, Karnataka, India. The company works in software development and support services, within the information technology industry. It was incorporated on 06 September 2006 (20+ years old) and is registered under CIN U72200KA2006PTC040423.
Spigot Software has 2 current directors:
- Bettadpur Govindan Srinath - Managing Director
- Mangala Srinath - Whole-Time Director
The latest financial statements of Spigot Software on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Spigot Software is 29AAFCA8854N1ZW, registered in Karnataka.
The CIN (Corporate Identification Number) of Spigot Software is U72200KA2006PTC040423. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spigot Software was incorporated on 06 September 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.
Bettadpur Govindan Srinath was appointed as Managing Director on 12 Jul 2008. Vivien Muriel Abraham ceased to be Director on 12 Jul 2008. Mangala Srinath was appointed as Whole-Time Director on 06 Sep 2006. Spigot Software has 4 board changes on record in total.
Yes, Spigot Software is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0045454).
Spigot Software can be reached through the website spigotsoftware.in. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Spigot Software is at Shop No 10 2nd Floor No. 2580 27th Main 13th Cross 1st Sector Hsr Layout, Bengaluru, Karnataka, India – 560102.
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