Spinach Technologies India Private Limited

Spinach Technologies India Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U72300TN2008PTC066223 Incorporated 29 January 2008 ROC Chennai HQ Chennai, Tamil Nadu, India
Pending Strike Off Private Limited Company information technology
Data last updated
Revenue · FY 2023
₹54,900
▼ 91% YoY
Net loss · FY 2023
₹57,632
Net margin -105%
EBITDA · FY 2023
-₹57,632
EBITDA margin -105%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹10.15 Lakh
Issued & subscribed
Company age
18 yrs
Est. 2008
Directors on board
3
As per MCA filings
GST registrations
1
None active

About Spinach Technologies India Private Limited

Data last updated:

Spinach Technologies India Private Limited is a private limited company based in Chennai, Tamil Nadu, India. The company is currently under process of striking off by the Registrar of Companies. The removal process has been initiated but is not yet final, and the company may be struck off soon. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 29 January 2008.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72300TN2008PTC066223. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹10.15 Lakh. It is led by directors including Bikram Shivkumar and Soundarajan Narendran.

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 No. 60 Industrial Estate Off. Rajiv Gandhi Salai (Omr) Perungudi, Chennai, Tamil Nadu, India – 600096.

As per the financials filed for FY 2023, the company reported a revenue of ₹54,900, a decline of 91% compared to the previous year. For the same year it recorded a net loss of ₹57,632 (net margin -105%) and EBITDA of -₹57,632 (EBITDA margin -105%).

Company details

CIN U72300TN2008PTC066223
Registration Number 066223
Incorporation Date 29 January 2008
ROC Chennai
Listing Status Unlisted
Company Status Under Process of Striking Off
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

Contact details

Spinach Technologies India Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    No. 60 Industrial Estate Off. Rajiv Gandhi Salai (Omr) Perungudi, Chennai, Tamil Nadu, India – 600096
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Spinach Technologies India Private Limited, buy the company report.

Comprehensive company report
Spinach Technologies India 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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Financials of Spinach Technologies India Private Limited

FY 2024 filings available

Spinach Technologies India Private Limited reported revenue of ₹54,900 (down 91% YoY) for FY 2023.

Revenue · FY 2023
₹54,900 ▼ 91%
Net loss · FY 2023
₹57,632 margin -105%
EBITDA · FY 2023
-₹57,632 margin -105%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 91%
EBITDA CAGR growth
1 year
▼ 111%
3 years · compounded
▲ 1%
5 years · compounded
▲ 16%

Revenue fell 91% in the latest year. EBITDA fell 111% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹54,900
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹57,632
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹57,632
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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin-105%
Net Profit Margin-105%
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

To see the full financial statements and ratios of Spinach Technologies India Private Limited, buy the company report.

Board of directors of Spinach Technologies India Private Limited

Spinach Technologies India has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Bikram ShivkumarDirector30 Jun 200818 Years 3 MonthsCurrent
Soundarajan NarendranDirector29 Jan 200818 Years 8 MonthsCurrent
Shivkumar BalaramDirector30 Jun 200818 Years 3 MonthsCurrent

Peer comparison

Spinach Technologies India Private Limited is compared with the 10 companies closest to it by revenue in the Information Technology industry (IT Consulting and Services), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Factor H Software Solutions Private Limited₹56,000 (FY 2024)-24.0%Hyderabad, Telangana, India
Aipl Systems Private Limited₹56,000 (FY 2025)-91.0%Pune, Maharashtra, India
Karma Systech Limited₹55,500 (FY 2025)4.0%Howrah, West Bengal, India
Ramchait Technologies Private Limited₹55,220 (FY 2025)Kadiyam, Andhra Pradesh, India
Style Solutions Private Limited₹55,030 (FY 2025)-74.0%New Delhi, Delhi, India
Spinach Technologies India Private Limitedthis company₹54,900 (FY 2023)-₹57,632-105%-91.0%Chennai, Tamil Nadu, India
Eagle Conferencing Private Limited₹54,800 (FY 2023)-95.0%Bangalore, Karnataka, India
Cloudjini Technologies Private Limited₹54,623 (FY 2025)-15.0%Bangalore, Karnataka, India
San Wireless Systems Limited₹54,493 (FY 2024)Ahmedabad, Gujarat, India
First Rain Software Centre Private Limited₹54,372 (FY 2020)-50.0%Bengaluru, Karnataka, India
Geo Media Private Limited₹54,101 (FY 2024)New Delhi, Delhi, India

To see the full peer comparison of Spinach Technologies India Private Limited, buy the company report.

Auditor

Spinach Technologies India Private Limited is audited by R Sayeram & co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
R Sayeram & coFY 2023082635

Shareholding

The shareholding of Spinach Technologies India 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Spinach Technologies India Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Spinach Technologies India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Spinach Technologies India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Spinach Technologies India Private Limited, buy the company report.

Recent activity

Spinach Technologies India Private Limited has 8 board changes on record since 2008: 3 appointments and 5 cessations. The latest: Subramaniam Murali ceased to be Director on 10 Mar 2025.

Ceased
Subramaniam Murali ceased to be Director.
AGM
Spinach Technologies India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Spinach Technologies India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Ceased
Athreya Tyagarajan Krishnakumar ceased to be Additional Director.
Ceased
Bikram Shivkumar ceased to be Additional Director.
Ceased
Shivkumar Balaram ceased to be Additional Director.
Ceased
Sudha Ramesh ceased to be Additional Director.
Appointed
Bikram Shivkumar was appointed as Director.
Appointed
Shivkumar Balaram was appointed as Director.
Appointed
Soundarajan Narendran was appointed as Director.
Incorporation
29 Jan 2008
Spinach Technologies India Private Limited was registered on 29 Jan 2008 with Roc Chennai & aged 18 years 8 months as per MCA records.

Frequently asked questions

Spinach Technologies India is currently "Under Process of Striking Off" as per MCA records. The Registrar of Companies has initiated the process to remove the company from the register, typically due to non-filing of statutory returns. This process is not yet final, but the company may be struck off soon. Caution is advised before entering into any agreements with this entity.

Spinach Technologies India is a company pending strike off, currently registered as a private limited company based in Chennai, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 29 January 2008 and is registered under CIN U72300TN2008PTC066223. The company may be struck off soon - caution is advised.

The compliance status of Spinach Technologies India is compliant as of 31 August 2026.

Spinach Technologies India has 3 current directors:

The CIN (Corporate Identification Number) of Spinach Technologies India is U72300TN2008PTC066223. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Spinach Technologies India was incorporated on 29 January 2008. It is registered with the Registrar of Companies, Chennai.

The registered office of Spinach Technologies India is at No. 60 Industrial Estate Off. Rajiv Gandhi Salai Omr Perungudi, Chennai, Tamil Nadu, India – 600096.

The latest financial statements of Spinach Technologies India 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.

No. Spinach Technologies India has 1 GST registration on record and it is cancelled or inactive.

Spinach Technologies India operates in the information technology industry, in the IT consulting and support services segment.

The peers of Spinach Technologies India by revenue are Factor H Software Solutions Private Limited, Aipl Systems Private Limited, Karma Systech Limited, Ramchait Technologies Private Limited, Style Solutions Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).