About Spincast Solution Private Limited
Data last updated:
Spincast Solution Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 29 January 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29100GJ2013PTC073469. Its GSTIN is 24AASCS6069A1Z7 (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Megan Mckee Harris and William Thomas Mckee Jr.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 559/6/C Patel Compound GIDC Road Near Hanuman Temple Vatva, Ahmedabad, Gujarat, India – 382445.
As per the financials filed for FY 2022, the company reported a revenue of ₹90 Lakh, a growth of 53% compared to the previous year. For the same year it recorded a net loss of ₹7,473 (net margin -0.1%) and EBITDA of ₹4.22 Lakh (EBITDA margin 4.7%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 55% over five years.
The company has about 15 employees on its provident fund (EPFO) records.
Court records list 10 cases involving the company, including 10 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spincastccmco.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address559/6/C Patel Compound GIDC Road Near Hanuman Temple Vatva, Ahmedabad, Gujarat, India – 382445
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
- 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 Spincast Solution Private Limited
The main business activity of Spincast Solution is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | 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 Spincast Solution Private Limited FY 2022 filings available
Spincast Solution Private Limited reported revenue of ₹90 Lakh (up 53% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Spincast Solution Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 55% over five years, including 53% growth in the latest year. EBITDA rose 414% 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 Spincast Solution Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹90 Lakh | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹4.22 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹7,473 | •••• | •••• | •••• | •••• |
| 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 Spincast Solution Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.1% | •••• | •••• | •••• | •••• |
| 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 Spincast Solution are in the company report.
Financial statements from 2015
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 Spincast Solution Private Limited
Spincast Solution Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Process Machinery). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nissi Engineering Company Private Limited | •••• | •••• | •••• | •••• | 46 | Mumbai, Maharashtra, India |
| Skaap Techno Services Private Limited | •••• | •••• | •••• | •••• | - | Kalyan, Maharashtra, India |
| Swastik Entech Private Limited | •••• | •••• | •••• | •••• | - | Gandhinagar, Gujarat, India |
| NRC Aerospace India Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Pushpa Water Utility Services Private Limited | •••• | •••• | •••• | •••• | - | Dombivli, Maharashtra, India |
| Spincast Solution Private Limited this company | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Rakesh Techno Private Limited | •••• | •••• | •••• | •••• | - | Distt Alwar, Rajasthan, India |
| SMS Hydrotech Private Limited | •••• | •••• | •••• | •••• | 24 | Faridabad, Haryana, India |
| Spavy Fitness Equipments Private Limited | •••• | •••• | •••• | •••• | - | Satara, Maharashtra, India |
| Kabbo Enterprises Private Limited | •••• | •••• | •••• | •••• | - | North Twentyfour Parganas, West Bengal, India |
| Viamtek Machineries Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Spincast Solution by revenue in the Machinery and Equipment industry (Process Machinery), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Spincast Solution Private Limited
Spincast Solution Private Limited is audited by PRITEN B SHAH & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PRITEN B SHAH & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Spincast Solution Private Limited
Spincast Solution 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 |
|---|---|---|---|---|
| Megan Mckee Harris | Director | 29 Jan 2013 | 13 Years 8 Months | Current |
| William Thomas Mckee Jr | Director | 29 Jan 2013 | 13 Years 8 Months | Current |
| Jiten Narendra Mehta Also directs: Centri Spin Solution (OPC) Private Limited | Director | 12 Oct 2017 | 8 Years 11 Months | Current |
Ownership and Shareholding of Spincast Solution Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Spincast Solution Private Limited
Spincast Solution Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Spincast Solution Private Limited
Spincast Solution Private Limited has 10 court cases on record: 10 filed against it. All cases are disposed. Status as checked between 02 Oct 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 10 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by Pepperl & Fuchs (India) Private Limited | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by Anand Liners (India) Private Limited | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by Anand Liners (India) Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by Pepperl & Fuchs (India) Private Limited | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed against the company by Anand Liners (India) Private Limited | Disposed |
Full case history
All 10 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Spincast Solution Private Limited
Spincast Solution Private Limited has a workforce of 15 employees as of Apr 02, 2024.
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 Spincast Solution Private Limited
Spincast Solution Private Limited has 7 board changes on record since 2013: 5 appointments and 2 cessations. The latest: Girish Giradharilal Agarawal ceased to be Director on 02 Sep 2022.
Credit Ratings, Litigation & Regulatory Alerts for Spincast Solution 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 Spincast Solution 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 Spincast Solution 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 Spincast Solution Private Limited
Spincast Solution has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AASCS6069A1Z7 | Gujarat | Active | 01 Jul 2017 |
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 Spincast Solution 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 Spincast Solution Private Limited
Spincast Solution is an active private limited company based in Ahmedabad, Gujarat, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 29 January 2013 (13+ years old) and is registered under CIN U29100GJ2013PTC073469.
Spincast Solution reported revenue of ₹90 Lakh for FY 2022 (up 53% YoY).
Spincast Solution has 3 current directors:
- Megan Mckee Harris - Director
- William Thomas Mckee Jr - Director
- Jiten Narendra Mehta - Director
Spincast Solution reported a net loss of ₹7,473 (net margin -0.1%) and EBITDA of ₹4.22 Lakh (EBITDA margin 4.7%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Spincast Solution is -38% over three years and 55% over five years. In the latest year (FY 2022) revenue rose 53%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Spincast Solution is 24AASCS6069A1Z7, registered in Gujarat.
The CIN (Corporate Identification Number) of Spincast Solution is U29100GJ2013PTC073469. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spincast Solution has 10 court cases on record: 10 filed against it.
Spincast Solution was incorporated on 29 January 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Spincast Solution by revenue are Nissi Engineering Company Private Limited, Skaap Techno Services Private Limited, Swastik Entech Private Limited, NRC Aerospace India Private Limited, Pushpa Water Utility Services Private Limited and 5 more, all in the Machinery and Equipment industry (Process Machinery).
Girish Giradharilal Agarawal ceased to be Director on 02 Sep 2022. Nikunjbhai Haribhai Patel ceased to be Director on 02 Sep 2022. Girish Giradharilal Agarawal was appointed as Director on 17 Mar 2021. Spincast Solution has 7 board changes on record in total.