Spin2spark Private Limited
About Spin2spark Private Limited
Data last updated:
Spin2spark Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the undifferenciated goods-producing activities of private households for own use segment of the household services sector. It was incorporated on 28 November 2023.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U96010KA2023PTC181434.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Avula Ramachandra and Adinarayanareddy Reddam.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.15 Lakh. For the same year it recorded a net loss of ₹3.54 Lakh (net margin -112.3%) and EBITDA of -₹1.44 Lakh (EBITDA margin -45.8%).
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address6 S Babureddy Complex, Opp Govt School Seethram, Bangalore, Karnataka, India – 560048
- IndustryHousehold Services, Undifferenciated Goods-Producing Activities Of Private Households For Own Use
- 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 Spin2spark Private Limited
The main business activity of Spin2spark is personal and household service. In detail, this covers washing and cleaning of textile and fur products, hair dressing and other beauty treatment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| S | Personal and Household service | S3 | Washing and cleaning of textile and fur products, Hair dressing and other beauty treatment | 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 Spin2spark Private Limited FY 2024 filings available
Spin2spark Private Limited reported revenue of ₹3.15 Lakh for FY 2024.
Financial Statement Summary of Spin2spark Private Limited
| Metrics | FY 2023-24 |
|---|---|
| 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 | -₹1.44 Lakh |
| Profit Before Tax | •••• |
| Tax Expense | •••• |
| Net Profit (PAT) | -₹3.54 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 Spin2spark Private Limited
| Metrics | FY 2023-24 |
|---|---|
| Profitability | |
| EBITDA Margin | -45.8% |
| Net Profit Margin | -112.3% |
| 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 Spin2spark are in the company report.
Financial statements from FY 2024
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.
Peer Comparison of Spin2spark Private Limited
Spin2spark Private Limited is compared with the companies closest to it by revenue in the Consumer Services industry (Professional Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Versatile Gateway (OPC) Private Limited | ₹3.16 Lakh (FY 2019) | •••• | •••• | 22.0% | •••• | Delhi, India |
| Prem Trupti Private Limited | ₹3.16 Lakh (FY 2025) | •••• | •••• | -60.0% | •••• | Nagpur, Maharashtra, India |
| Maddineni Naren Corporate Legal and Professional Services Private Limited | ₹3.16 Lakh (FY 2024) | •••• | •••• | 25.0% | •••• | Hyderabad, Telangana, India |
| Scorpion Verification & Consultancy Private Limited | ₹3.15 Lakh (FY 2022) | •••• | •••• | 110.0% | •••• | New Delhi, Delhi, India |
| Magnum Engineers Private Limited | ₹3.15 Lakh (FY 2025) | •••• | •••• | 19.0% | •••• | Chennai, Tamil Nadu, India |
| Spin2spark Private Limited this company | ₹3.15 Lakh (FY 2024) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Decor Houz Private Limited | ₹3.15 Lakh (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| M.F.V. Polymer Research & Testing Laboratory Private Limited | ₹3.15 Lakh (FY 2025) | •••• | •••• | 530.0% | •••• | Mumbai, Maharashtra, India |
| Ufi Filters E & H Private Limited | ₹3.14 Lakh (FY 2025) | •••• | •••• | -91.0% | •••• | Delhi, India |
| Bequest Records Private Limited | ₹3.14 Lakh (FY 2025) | •••• | •••• | 360.0% | •••• | Mumbai, Maharashtra, India |
| S.V. Professional Services Private Limited | ₹3.14 Lakh (FY 2017) | •••• | •••• | -57.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Spin2spark by revenue in the Consumer Services industry (Professional Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Spin2spark Private Limited
Spin2spark has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avula Ramachandra | Director | 28 Nov 2023 | 2 Years 10 Months | Current |
| Adinarayanareddy Reddam | Director | 28 Nov 2023 | 2 Years 10 Months | Current |
Charges & Borrowings of Spin2spark Private Limited
Spin2spark Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Spin2spark Private Limited
Employment history and EPFO contributions of people linked to Spin2spark.
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 Spin2spark Private Limited
Spin2spark Private Limited has 2 board changes on record since 2023: 2 appointments. The latest: Adinarayanareddy Reddam was appointed as Director on 28 Nov 2023.
Credit Ratings, Litigation & Regulatory Alerts for Spin2spark Private 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 Spin2spark Private 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 Spin2spark Private 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 Spin2spark Private Limited
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 Spin2spark Private 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 Spin2spark Private Limited
Spin2spark is an active private limited company based in Bangalore, Karnataka, India. The company works in undifferenciated goods-producing activities of private households for own use, within the household services industry. It was incorporated on 28 November 2023 (3+ years old) and is registered under CIN U96010KA2023PTC181434.
Spin2spark reported revenue of ₹3.15 Lakh for FY 2024.
Spin2spark has 2 current directors:
- Avula Ramachandra - Director
- Adinarayanareddy Reddam - Director
Spin2spark reported a net loss of ₹3.54 Lakh (net margin -112.3%) and EBITDA of -₹1.44 Lakh (EBITDA margin -45.8%) for FY 2024, as per its filed financial statements.
The CIN (Corporate Identification Number) of Spin2spark is U96010KA2023PTC181434. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spin2spark was incorporated on 28 November 2023, making it 3+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Spin2spark by revenue are Versatile Gateway (OPC) Private Limited, Prem Trupti Private Limited, Maddineni Naren Corporate Legal and Professional Services Private Limited, Scorpion Verification & Consultancy Private Limited, Magnum Engineers Private Limited and 5 more, all in the Consumer Services industry (Professional Services).
Adinarayanareddy Reddam was appointed as Director on 28 Nov 2023. Avula Ramachandra was appointed as Director on 28 Nov 2023.
The registered office of Spin2spark is at 6 S Babureddy Complex, Opp Govt School Seethram, Bangalore, Karnataka, India – 560048.
Spin2spark has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh.
Spin2spark operates in the household services industry, in the undifferenciated goods-producing activities of private households for own use segment.