SPM Automotive Components Private Limited
About SPM Automotive Components Private Limited
Data last updated:
SPM Automotive Components Private Limited is a private limited company based in Delhi, India, a subsidiary of Sandeep Axles Private Limited. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 27 June 2006.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U35914DL2006PTC256164. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.3 Cr. It is led by directors Sandeep Mahajan and Pankaj Mahajan.
Its last annual general meeting (AGM) was held on 29 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Property No – 487/82 Opposite Coal Depot School Road Peera Garhi West Delhi, Delhi, India – 110087.
As per the financials filed for FY 2019, the company reported a revenue of ₹9.89 Cr, a decline of 44% compared to the previous year. For the same year it recorded a net loss of ₹7.88 Cr (net margin -79.7%) and EBITDA of -₹4.36 Cr (EBITDA margin -44.1%). Revenue has declined at a compounded annual rate (CAGR) of 31% over three years and 23% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹25.39 Cr and satisfied charges of ₹4.9 Cr on record. Court records list 6 cases involving the company, including 2 filed by the company and 4 filed against it; 2 cases are pending.
Company details
CIN history
SPM Automotive Components has one previous CIN (Corporate Identification Number): U35914HR2006PTC036235. The current CIN is U35914DL2006PTC256164, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U35914DL2006PTC256164 | Current |
| U35914HR2006PTC036235 | Previous |
Contact details
SPM Automotive Components Private Limited's registered office is in Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered AddressProperty No – 487/82 Opposite Coal Depot School Road Peera Garhi West Delhi, Delhi, India – 110087
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of SPM Automotive Components 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 SPM Automotive Components is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of SPM Automotive Components Private Limited, buy the company report.
Financials of SPM Automotive Components Private Limited
FY 2019 filings availableSPM Automotive Components Private Limited reported revenue of ₹9.89 Cr (down 44% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 23% over five years, including a 44% fall in the latest year. EBITDA rose 28% 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 | ₹9.89 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹4.36 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7.88 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
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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 | -44.1% | ||||
| Net Profit Margin | -79.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 SPM Automotive Components Private Limited, buy the company report.
Board of directors of SPM Automotive Components Private Limited
SPM Automotive Components has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Mahajan | Additional Director | 15 Feb 2016 | 10 Years 8 Months | As last reported |
| Sandeep Mahajan | Director | 27 Jun 2006 | 20 Years 4 Months | As last reported |
Auditor
SPM Automotive Components Private Limited is audited by SANTOSH B GUPTA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANTOSH B GUPTA & CO | FY 2019 | 030982N |
Shareholding
The shareholding of SPM Automotive Components Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of SPM Automotive Components Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Sep 2014 | 10523056 | Karnataka Bank Ltd. | ₹2 Cr | Open | |
| 10 Jul 2014 | 10516638 | Karnataka Bank Ltd. | ₹1 Cr | Open | |
| 07 Mar 2014 | 10494874 | Karnataka Bank Ltd. | ₹1 Cr | Open | |
| 22 Jul 2013 | 10444518 | Karnataka Bank Limited | ₹8.5 Lakh | Open | |
| 22 Jul 2013 | 10444507 | Karnataka Bank Limited | ₹50 Lakh | Open |
To see the full charge records of SPM Automotive Components Private Limited, buy the company report.
Total charge records: 15 View all charges
Legal cases
SPM Automotive Components Private Limited has 6 court cases on record: 2 filed by SPM Automotive Components, 4 filed against it. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 2 |
| High courts | 2 | 0 | 0 |
Cases on record (3 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Criminal case | Filed against the company by Income Tax Office | Pending |
| High Court, CHANDIGARH (UT) | Writ petition | Filed by the company against Small Industries Development Bank of India | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by The Small Industries Development Bank of India | Disposed |
To see the full case history of SPM Automotive Components 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 SPM Automotive Components Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
SPM Automotive Components Private Limited has a workforce of 11 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
SPM Automotive Components has 3 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 SPM Automotive Components Private Limited, buy the company report.
Recent activity
SPM Automotive Components Private Limited has 4 board changes on record since 2006: 2 appointments and 2 cessations. The latest: Vikrant Mahajan ceased to be Director on 18 Feb 2016.
14 earlier events are in the company report.
Frequently asked questions
SPM Automotive Components is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
SPM Automotive Components is a company under liquidation, formerly operating as a private limited company based in Delhi, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 27 June 2006 and is registered under CIN U35914DL2006PTC256164. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
SPM Automotive Components has 2 current directors:
- Pankaj Mahajan - Additional Director
- Sandeep Mahajan - Director
The latest financial statements of SPM Automotive Components on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 29 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of SPM Automotive Components is U35914DL2006PTC256164. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SPM Automotive Components has open charges of ₹25.39 Cr and satisfied charges of ₹4.9 Cr as per latest MCA filings.
SPM Automotive Components has 6 court cases on record: 2 filed by the company and 4 filed against it. 2 are pending. Most are in the district courts.
SPM Automotive Components was incorporated on 27 June 2006. It is registered with the Registrar of Companies, Delhi.
Vikrant Mahajan ceased to be Director on 18 Feb 2016. Pankaj Mahajan was appointed as Additional Director on 15 Feb 2016. Pankaj Mahajan ceased to be Director on 01 Sep 2009. SPM Automotive Components has 4 board changes on record in total.
The registered office of SPM Automotive Components is at Property No – 48782 Opposite Coal Depot School Road Peera Garhi West Delhi, Delhi, India – 110087.
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