About Spiro Lifecare Private Limited
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Spiro Lifecare Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 14 February 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH2014PTC253280. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.61 Cr. It is led by directors including Sanjeev Anant Gupte and Vinod Anant Dali.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at B – 208/209 Classique Centre Off Mahakali Caves Road Andheri (East), Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2019, the company reported a revenue of ₹40.43 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net loss of ₹2.3 Cr (net margin -5.7%) and EBITDA of -₹98.45 Lakh (EBITDA margin -2.4%). Revenue has grown at a compounded annual rate (CAGR) of 210% over three years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹22.5 Cr on record. Court records list 7 cases involving the company, including 4 filed by the company and 3 filed against it; 3 cases are pending. The company has 7 deals on record (5 funding rounds, 2 secondary share transfers), with disclosed funding of ₹51.83 Cr; the latest was in July 2018.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website spirolifecare.com.
Company details
Contact details
Spiro Lifecare Private Limited's registered office is in Mumbai, Maharashtra. Its website is spirolifecare.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 208/209 Classique Centre Off Mahakali Caves Road Andheri (East), Mumbai, Maharashtra, India – 400093
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Spiro Lifecare Private Limited, buy the company report.
- 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
Business activity
The main business activity of Spiro Lifecare is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Spiro Lifecare Private Limited, buy the company report.
Financials of Spiro Lifecare Private Limited
FY 2019 filings availableSpiro Lifecare Private Limited reported revenue of ₹40.43 Cr (down 9% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 210%. EBITDA fell 169% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹40.43 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹98.45 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.3 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.4% | ||||
| Net Profit Margin | -5.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Spiro Lifecare Private Limited, buy the company report.
Board of directors of Spiro Lifecare Private Limited
Spiro Lifecare has 5 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjeev Anant Gupte Also directs: Arizestspiro Respicare Private Limited | Director | 15 Dec 2014 | 11 Years 10 Months | Current |
| Vinod Anant Dali Also directs: Spiro Healthcare Private Limited, Eldora Pharma Private Limited | Director | 27 Mar 2017 | 9 Years 6 Months | Current |
| Rajesh Ghangurde Shripad | Director | 15 Dec 2014 | 11 Years 10 Months | Current |
| Ying Kan Also directs: Apple Lifecare (India) Private Limited | Director | 27 Sep 2018 | 8 Years 0 Months | Current |
| Devkishan Sitaldas Varyani | Director | 02 May 2017 | 9 Years 5 Months | Current |
Auditor
Spiro Lifecare Private Limited is audited by K. R. Manik & Co. for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K. R. Manik & Co. | FY 2019 | 132212W |
Shareholding
The shareholding of Spiro Lifecare Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Spiro Lifecare Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Aug 2018 | 100204046 | Canara Bank | ₹22.5 Cr | Open |
To see the full charge records of Spiro Lifecare Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Spiro Lifecare Private Limited has 7 deals on record (5 funding rounds, 2 secondary share transfers), with disclosed funding of ₹51.83 Cr; the latest was in July 2018.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2018 | Funding round | ₹13.05 Cr | Investors: Arizest (Singapore) Private Limited |
| Feb 2018 | Funding round | ₹13.79 Cr | Investors: Arizest (Singapore) Private Limited |
| Apr 2017 | Funding round | ₹19.25 Cr | Investors: an individual |
| Apr 2017 | Funding round | ₹3.26 Cr | Investors: 4 individuals |
| Feb 2017 | Funding round | ₹2.49 Cr | Investors: 3 individuals |
To see the full deal history of Spiro Lifecare Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Spiro Lifecare Private Limited has 7 court cases on record: 4 filed by Spiro Lifecare, 3 filed against it. 3 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 3 |
| High courts | 3 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Best Roadways Ltd Through Authorized Representative Ketan Shambhuprasad Desai | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Magnolia Ltd and 3 others | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Chamber Summons) | Filed against the company by Best Roadways Ltd Through Authorized Representative Ketan Shambhuprasad Desai | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Magnolia Limited and Anr and 1 other | Pending |
| High Court, MAHARASHTRA | Commercial suit | Filed by the company against Magnolia Limited and Anr and 1 other | Disposed |
To see the full case history of Spiro Lifecare Private 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 Spiro Lifecare Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Spiro Lifecare Private Limited has a workforce of 5 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Spiro Lifecare has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Spiro Lifecare Private Limited, buy the company report.
Recent activity
Spiro Lifecare Private Limited has 12 board changes on record since 2014: 5 appointments and 7 cessations. The latest: Ying Kan was appointed as Director on 27 Sep 2018.
5 earlier events are in the company report.
Frequently asked questions
Spiro Lifecare is an active private limited company based in Mumbai, Maharashtra, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 14 February 2014 (12+ years old) and is registered under CIN U24100MH2014PTC253280.
Spiro Lifecare has 5 current directors:
- Sanjeev Anant Gupte - Director
- Vinod Anant Dali - Director
- Rajesh Ghangurde Shripad - Director
- Ying Kan - Director
- Devkishan Sitaldas Varyani - Director
The latest financial statements of Spiro Lifecare on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Spiro Lifecare has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Spiro Lifecare is U24100MH2014PTC253280. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spiro Lifecare has 7 court cases on record: 4 filed by the company and 3 filed against it. 3 are pending. Most are in the district courts.
Spiro Lifecare was incorporated on 14 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
Spiro Lifecare has 7 deals on record (5 funding rounds, 2 secondary share transfers), with disclosed funding of ₹51.83 Cr; the latest was in July 2018.
Ying Kan was appointed as Director on 27 Sep 2018. Devkishan Sitaldas Varyani was appointed as Director on 02 May 2017. Vinod Anant Dali was appointed as Director on 27 Mar 2017. Spiro Lifecare has 12 board changes on record in total.
Spiro Lifecare can be reached through the website spirolifecare.com. Its registered office is in Mumbai, Maharashtra, India.