MSME (Udyam registered) Ministry of MSME
- Category
- Small (2021-22)
- Udyam number
- UDYAM-MH-18-0099976
Spinco India Limited - home & lifestyle in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹54.59 Cr
▲ 85% YoY
Net profit · FY 2025
₹20.1 Lakh
Net margin 0.4%
EBITDA · FY 2025
₹48.8 Lakh
EBITDA margin 0.9%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹6 Lakh
Issued & subscribed
Open charges
₹4.5 Cr
Secured borrowings
Company age
34 yrs
Est. 1992
Directors on board
3
As per MCA filings
About Spinco India Limited
Data last updated:
Spinco India Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 05 May 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U43219MH1992PLC066658. Its GSTIN is 27AAACS7158Q1ZM (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹6 Lakh. It is led by directors including Ranjana Deepak Saraf and Deepak Banwarilal Saraf.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹54.59 Cr, a growth of 85% compared to the previous year. For the same year it recorded a net profit of ₹20.1 Lakh (net margin 0.4%) and EBITDA of ₹48.8 Lakh (EBITDA margin 0.9%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 52% over five years.
As per MCA filings, the company has open charges of ₹4.5 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Spinco India Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0099976). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spincoindia.com.
Company details
CIN U43219MH1992PLC066658
Registration Number 066658
Incorporation Date 05 May 1992
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0099976
CIN history
Spinco India has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U43219MH1992PLC066658, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U43219MH1992PLC066658 | Current |
| U17116MH1992PLC066658 | Previous |
| U70100MH1992PLC066658 | Previous |
Key People
Ranjana Deepak Saraf Director Deepak Banwarilal Saraf Director Lokesh Deepak Saraf Director Recognitions & Rankings of Spinco India
Contact details
Spinco India Limited's registered office is in Mumbai, Maharashtra.
- Registered Address5 Keshav Kunj Main Avenue Road Opp. Standard Chartered Bank Santacruz, (West), Mumbai, Maharashtra, India – 400054
- IndustryHome & Lifestyle, Textile Retail & Distribution
Comprehensive company report
Spinco India 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Spinco India is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Spinco India Limited, buy the company report.
Financials of Spinco India Limited
FY 2025 filings availableSpinco India Limited reported revenue of ₹54.59 Cr (up 85% YoY) for FY 2025.
Revenue · FY 2025
₹54.59 Cr ▲ 85%
Net profit · FY 2025
₹20.1 Lakh margin 0.4%
EBITDA · FY 2025
₹48.8 Lakh margin 0.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 85%
3 years · compounded
▲ 7%
5 years · compounded
▲ 52%
EBITDA CAGR growth
1 year
▲ 192%
3 years · compounded
▲ 3%
5 years · compounded
▲ 27%
Revenue has grown at a compounded annual rate (CAGR) of 52% over five years, including 85% growth in the latest year. EBITDA rose 192% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Total Expenses | |||||
| EBITDA | ₹48.8 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹20.1 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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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 | 0.9% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
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To see the full financial statements and ratios of Spinco India Limited, buy the company report.
Board of directors of Spinco India Limited
Spinco India has 3 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 |
|---|---|---|---|---|
| Ranjana Deepak Saraf | Director | 05 May 1992 | 34 Years 5 Months | Current |
| Deepak Banwarilal Saraf | Director | 05 May 1992 | 34 Years 5 Months | Current |
| Lokesh Deepak Saraf | Director | 31 Jul 2018 | 8 Years 2 Months | Current |
Charges & borrowings
Open charges
₹4.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jul 2021 | 100468932 | Others | ₹4.5 Cr | Open |
To see the full charge records of Spinco India Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Spinco India Limited has 1 court case on record: 1 filed by Spinco India. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against an individual | Pending |
To see the full case history of Spinco India Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Spinco India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Spinco India has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACS7158Q1ZM | Maharashtra | Active | 01 Jul 2017 |
| 24AAACS7158Q1ZS | Gujarat | Active | 24 Apr 2025 |
To see the full GST registrations and return filing status of Spinco India Limited, buy the company report.
Recent activity
Spinco India Limited has 4 board changes on record since 1992: 3 appointments and 1 cessation. The latest: Harshita Saraf ceased to be Director on 31 Jul 2018.
AGM
Spinco India Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Spinco India Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others of Rs. 4.50 Cr registered on 30 Jul 2021 with Charge ID 100468932 was modified on 22 Aug 2023.
Charges
A charge with Others amounted to Rs. 4.50 Cr with Charge ID 100468932 was registered on 30 Jul 2021.
Ceased
Harshita Saraf ceased to be Director.
Appointed
Lokesh Deepak Saraf was appointed as Director.
Appointed
Deepak Banwarilal Saraf was appointed as Director.
Appointed
Ranjana Deepak Saraf was appointed as Director.
Incorporation
05 May 1992
Spinco India Limited was registered on 05 May 1992 with Roc Mumbai & aged 34 years 5 months as per MCA records.
Frequently asked questions
Spinco India is an active public limited company based in Mumbai, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 05 May 1992 (34+ years old) and is registered under CIN U43219MH1992PLC066658.
Spinco India has 3 current directors:
- Ranjana Deepak Saraf - Director
- Deepak Banwarilal Saraf - Director
- Lokesh Deepak Saraf - Director
The latest financial statements of Spinco India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Spinco India is 27AAACS7158Q1ZM, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAACS7158Q1ZS (Gujarat).
The CIN (Corporate Identification Number) of Spinco India is U43219MH1992PLC066658. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spinco India has 1 court case on record: 1 filed by the company. 1 is pending.
Spinco India was incorporated on 05 May 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
Harshita Saraf ceased to be Director on 31 Jul 2018. Lokesh Deepak Saraf was appointed as Director on 31 Jul 2018. Deepak Banwarilal Saraf was appointed as Director on 05 May 1992. Spinco India has 4 board changes on record in total.
Yes, Spinco India is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0099976).
Spinco India can be reached through the website spincoindia.com. Its registered office is in Mumbai, Maharashtra, India.