About Spime Innovations Private Limited
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Spime Innovations Private Limited is a private limited company based in Secunderabad, Telangana, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 22 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74999TG2018PTC128451. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Venkata Narasimha Rao Muppalla and Venkata Vinay Kumar Velivela.
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 Secunderabad, Telangana.
As per the financials filed for FY 2023, the company reported a revenue of ₹14.1 Lakh, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹15,701 (net margin 1.1%) and EBITDA of ₹17,704 (EBITDA margin 1.3%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years.
For more details, the company can be reached via its website spimeinnovations.com.
Company details
Contact details
Spime Innovations Private Limited's registered office is in Secunderabad, Telangana. Its website is spimeinnovations.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address#301 & 302, H No 1 – 8 – 12 – 20/A/Nr Brindavan Nagar, Secunderabad, Telangana, India – 500007
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Spime Innovations 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 Spime Innovations is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Spime Innovations Private Limited, buy the company report.
Financials of Spime Innovations Private Limited
FY 2023 filings availableSpime Innovations Private Limited reported revenue of ₹14.1 Lakh (up 2% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over three years, including 2% growth in the latest year. EBITDA rose 16% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹14.1 Lakh | ||||
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| EBITDA | ₹17,704 | ||||
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| Net Profit (PAT) | ₹15,701 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.3% | ||||
| Net Profit Margin | 1.1% | ||||
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To see the full financial statements and ratios of Spime Innovations Private Limited, buy the company report.
Board of directors of Spime Innovations Private Limited
Spime Innovations has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkata Narasimha Rao Muppalla Also directs: Adhidev Education Consultants Private Limited | Director | 04 Jul 2022 | 4 Years 3 Months | Current |
| Venkata Vinay Kumar Velivela Also directs: Fixity Green Private Limited, Fixity Edx Private Limited, Skillza Global Private Limited and 5 more | Director | 12 Jan 2024 | 2 Years 9 Months | Current |
| Maganti Bapayya Choudhary Also directs: Monac Agri Private Limited, Irabio Tech Private Limited, Seclink Bio Energy Private Limited and 2 more | Director | 10 Apr 2022 | 4 Years 6 Months | Current |
Peer comparison
Spime Innovations Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Devcentrics Technologies Private Limited | ₹14.16 Lakh (FY 2020) | -63.0% | Bangalore, Karnataka, India | |||
| Newpage Tech Private Limited | ₹14.13 Lakh (FY 2018) | 1029.0% | Nagpur, Maharashtra, India | |||
| Kirsh Games Private Limited | ₹14.11 Lakh (FY 2024) | 201.0% | Mumbai, Maharashtra, India | |||
| Credentials Integrated Systems Private Limited | ₹14.11 Lakh (FY 2024) | 10.0% | Pune, Maharashtra, India | |||
| Qagalaxy Software Services Private Limited | ₹14.11 Lakh (FY 2022) | -73.0% | New Delhi, Delhi, India | |||
| Spime Innovations Private Limitedthis company | ₹14.1 Lakh (FY 2023) | ₹15,701 | 1.1% | 2.0% | Secunderabad, Telangana, India | |
| Quiqgenie Technologies Private Limited | ₹14.1 Lakh (FY 2025) | 63.0% | Thane, Maharashtra, India | |||
| Dzire Infotech Private Limited | ₹14.09 Lakh (FY 2025) | 122.0% | Bangalore, Karnataka, India | |||
| Bh2s Learning and Technology Services Private Limited | ₹14.08 Lakh (FY 2024) | Mumbai, Maharashtra, India | ||||
| Ewarn System Private Limited | ₹14.08 Lakh (FY 2025) | 1104.0% | Rourkela, Odisha, India | |||
| Intellivision Software Private Limited | ₹14.06 Lakh (FY 2024) | New Delhi, Delhi, India |
To see the full peer comparison of Spime Innovations Private Limited, buy the company report.
Auditor
Spime Innovations Private Limited is audited by VEERESH AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VEERESH AND ASSOCIATES | FY 2023 | 247962 |
Shareholding
The shareholding of Spime Innovations 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 Spime Innovations Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Spime Innovations 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 Spime Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Spime Innovations has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Spime Innovations Private Limited, buy the company report.
Recent activity
Spime Innovations Private Limited has 5 board changes on record since 2022: 3 appointments and 2 cessations. The latest: Maganti Vani Naga Kumari ceased to be Director on 12 Jan 2024.
Frequently asked questions
Spime Innovations is an active private limited company based in Secunderabad, Telangana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 22 November 2018 (8+ years old) and is registered under CIN U74999TG2018PTC128451.
Spime Innovations has 3 current directors:
- Venkata Narasimha Rao Muppalla - Director
- Venkata Vinay Kumar Velivela - Director
- Maganti Bapayya Choudhary - Director
The latest financial statements of Spime Innovations on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2019 are in the company report.
No. Spime Innovations has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Spime Innovations is U74999TG2018PTC128451. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spime Innovations was incorporated on 22 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Spime Innovations by revenue are Devcentrics Technologies Private Limited, Newpage Tech Private Limited, Kirsh Games Private Limited, Credentials Integrated Systems Private Limited, Qagalaxy Software Services Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Maganti Vani Naga Kumari ceased to be Director on 12 Jan 2024. Venkata Vinay Kumar Velivela was appointed as Director on 12 Jan 2024. Venkata Narasimha Rao Muppalla was appointed as Director on 04 Jul 2022. Spime Innovations has 5 board changes on record in total.
Spime Innovations can be reached through the website spimeinnovations.com. Its registered office is in Secunderabad, Telangana, India.
The registered office of Spime Innovations is at #301 & 302, H No 1 – 8 – 12 – 20ANr Brindavan Nagar, Secunderabad, Telangana, India – 500007.
Spime Innovations operates in the information technology industry, in the application development and software solutions segment.
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