Spirare Energy Private Limited

Spirare Energy Private Limited - energy and power in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U40100DL2013PTC250365 Incorporated 05 April 2013 ROC Delhi HQ New Delhi, Delhi, India
Active Private Limited Company energy and power MSME · Small
Data last updated
Revenue · FY 2024
₹55.37 Cr
▲ 8% YoY
Net profit · FY 2024
₹3.3 Cr
Net margin 6%
EBITDA · FY 2024
₹4.9 Cr
EBITDA margin 8.8%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹2.5 Lakh
Issued & subscribed
Open charges
₹8.67 Cr
Secured borrowings
Company age
13 yrs
Est. 2013
Employees · EPFO
7
Provident fund records

About Spirare Energy Private Limited

Data last updated:

Spirare Energy Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 05 April 2013 and has been in existence for over 13 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U40100DL2013PTC250365. Its GSTIN is 09AASCS8782J1Z8 (Uttar Pradesh). The company holds 4 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹2.5 Lakh. It is led by directors including Avnish Vats and Achla Bhasin.

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 802 Rohit House 3 Tolstoy Marg Connaught Place, New Delhi, Delhi, India – 110001.

As per the financials filed for FY 2024, the company reported a revenue of ₹55.37 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹3.3 Cr (net margin 6%) and EBITDA of ₹4.9 Cr (EBITDA margin 8.8%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 15% over five years.

The company has about 7 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Spirare Energy. As per MCA filings, the company has open charges of ₹8.67 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.

Spirare Energy Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-03-0001671). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spirare.co.in.

Company details

CIN U40100DL2013PTC250365
Registration Number 250365
Incorporation Date 05 April 2013
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-DL-03-0001671
Key People
Avnish Vats Director Achla Bhasin Director Suhas Bhasin Director

Recognitions & Rankings of Spirare Energy

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-DL-03-0001671

Contact details

Spirare Energy Private Limited's registered office is in New Delhi, Delhi. Its website is spirare.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    spirare.co.in
  • Social Media
  • Registered Address
    802 Rohit House 3 Tolstoy Marg Connaught Place, New Delhi, Delhi, India – 110001
  • Industry
    Energy and Power, Power Equipment Manufacturers

To see the full contact details of Spirare Energy Private Limited, buy the company report.

Comprehensive company report
Spirare Energy 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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Secure checkout · GST invoice included

Brands

Spirare Energy operates one associated brand: Spirare Energy. Each brand links to its own profile.

BrandDescriptionWebsite
Spirare Energy
On-site gas generation systems and related services in the energy sector.spirare.co.in

Business activity

The main business activity of Spirare Energy is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC13Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities

To see the full business activity and turnover split of Spirare Energy Private Limited, buy the company report.

Financials of Spirare Energy Private Limited

FY 2024 filings available

Spirare Energy Private Limited reported revenue of ₹55.37 Cr (up 8% YoY) for FY 2024.

Revenue · FY 2024
₹55.37 Cr ▲ 8%
Net profit · FY 2024
₹3.3 Cr margin 6%
EBITDA · FY 2024
₹4.9 Cr margin 8.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 30%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▼ 32%
3 years · compounded
▲ 20%
5 years · compounded
▲ 7%

Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 8% growth in the latest year. EBITDA fell 32% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹4.9 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹3.3 Cr
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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin8.8%
Net Profit Margin6%
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 Spirare Energy Private Limited, buy the company report.

Board of directors of Spirare Energy Private Limited

Spirare Energy has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Avnish Vats
Also directs: Flopressure Technologies Private Limited
Director27 Feb 201610 Years 8 MonthsCurrent
Achla Bhasin
Also directs: Kasturi Garments Private Limited
Director05 Apr 201313 Years 7 MonthsCurrent
Suhas Bhasin
Also directs: Kasturi Garments Private Limited, Spirare Infinity Private Limited, Flopressure Technologies Private Limited
Director05 Apr 201313 Years 7 MonthsCurrent
Sonam PrakashDirector05 Apr 201313 Years 7 MonthsCurrent
View all directors

Auditor

Spirare Energy Private Limited is audited by AGARWAL SETH & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
AGARWAL SETH & CO.FY 2023511761C

Shareholding

The shareholding of Spirare Energy 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 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Spirare Energy Private Limited, buy the company report.

Charges & borrowings

Open charges
₹8.67 Cr
Satisfied charges
None
Breakdown by lending institutions
Hdfc Bank Limited₹6.60 Cr
Others₹2.07 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
26 Apr 2024100917688Others₹2 CrOpen
02 Mar 2024100900318Others₹7 LakhOpen
10 Jul 201410508328Hdfc Bank Limited₹6.6 CrOpen

To see the full charge records of Spirare Energy Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

Spirare Energy Private Limited has 5 MSME Form 1 returns on record between 2019 and 2021, listing 48 overdue payments to 10 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 10)

SupplierAmount dueDue sinceReported on
an individual supplier
Adhyalaxmi Industrial Rubber and Polymers Private Limited
Flameproof Consulting Agency
Progas Systems Private Limited
S I Energy Ventures Private Limited

To see the full MSME payment records of Spirare Energy Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Spirare Energy Private Limited has a workforce of 7 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.

Employee count
7
Active EPFO establishments
1
Employee growth
16.67%

GST

Spirare Energy has 4 GST registrations: 1 active and 3 cancelled or inactive.

Total GSTINs
4
Active
1
Cancelled / inactive
3
GSTINStateStatusRegistered on
09AASCS8782J1Z8Uttar PradeshActive01 Jul 2017

To see the full GST registrations and return filing status of Spirare Energy Private Limited, buy the company report.

Recent activity

Spirare Energy Private Limited has 5 board changes on record since 2013: 4 appointments and 1 cessation. The latest: Avnish Vats ceased to be Additional Director on 28 Sep 2016.

Charges
A charge with Others of Rs. 200.00 Lakh registered on 26 Apr 2024 with Charge ID 100917688 was modified on 04 Jul 2025.
AGM
Spirare Energy Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 200.00 Lakh with Charge ID 100917688 was registered on 26 Apr 2024.
Filing
Spirare Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge with Hdfc Bank Limited of Rs. 660.00 Lakh registered on 10 Jul 2014 with Charge ID 10508328 was modified on 28 Mar 2024.
Charges
A charge with Others amounted to Rs. 7.00 Lakh with Charge ID 100900318 was registered on 02 Mar 2024.
Ceased
Avnish Vats ceased to be Additional Director.
Appointed
Avnish Vats was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 660.00 Lakh with Charge ID 10508328 was registered on 10 Jul 2014.
Appointed
Achla Bhasin was appointed as Director.
Appointed
Sonam Prakash was appointed as Director.
Appointed
Suhas Bhasin was appointed as Director.

1 earlier event is in the company report.

Frequently asked questions

Spirare Energy is an active private limited company based in New Delhi, Delhi, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 05 April 2013 (13+ years old) and is registered under CIN U40100DL2013PTC250365.

Spirare Energy has 4 current directors:

The latest financial statements of Spirare Energy 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.

The GSTIN of Spirare Energy is 09AASCS8782J1Z8, registered in Uttar Pradesh. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.

The CIN (Corporate Identification Number) of Spirare Energy is U40100DL2013PTC250365. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Spirare Energy has 1 court case on record: 1 filed by the company.

Spirare Energy was incorporated on 05 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Delhi.

Avnish Vats ceased to be Additional Director on 28 Sep 2016. Avnish Vats was appointed as Director on 27 Feb 2016. Achla Bhasin was appointed as Director on 05 Apr 2013. Spirare Energy has 5 board changes on record in total.

Yes, Spirare Energy is registered as a small enterprise under Udyam registration (number: UDYAM-DL-03-0001671).

Spirare Energy has 5 MSME Form 1 returns on record between 2019 and 2021, listing 48 overdue payments to 10 micro and small suppliers. The latest return was filed on 01 Sep 2021.

Spirare Energy can be reached through the website spirare.co.in. Its registered office is in New Delhi, Delhi, India.