SPM Engineers Ltd
About SPM Engineers Ltd
Data last updated:
SPM Engineers Ltd is a public limited company based in Kolkata, West Bengal, India. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 20 October 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U29120WB1984PLC066611. The company has 4 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹2.75 Cr and a paid-up capital of ₹2.72 Cr. It is led by directors including Lalit Kumar Saraogi and Sobhag Mal Gangwal.
Its last annual general meeting (AGM) was held on 30 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 113 Park Street South Block 7th Floor Poddar Point, Kolkata, West Bengal, India – 700016.
As per the financials filed for FY 2024, the company reported a revenue of ₹25.1 Lakh, a decline of 56% compared to the previous year. For the same year it recorded a net loss of ₹19.15 Lakh (net margin -76.3%) and EBITDA of -₹10.63 Lakh (EBITDA margin -42.3%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 23% over five years.
As per MCA filings, the company has open charges of ₹5,384.65 Cr on record. Court records list 16 cases involving the company, including 7 filed by the company and 9 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
SPM Engineers has one previous CIN (Corporate Identification Number): L29120WB1984PLC066611. The current CIN is U29120WB1984PLC066611, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29120WB1984PLC066611 | Current |
| L29120WB1984PLC066611 | Previous |
Contact details
SPM Engineers Ltd's registered office is in Kolkata, West Bengal. Its e-mail address is in the company report.
- Email
- Registered Address113 Park Street South Block 7th Floor Poddar Point, Kolkata, West Bengal, India – 700016
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
To see the full contact details of SPM Engineers Ltd, 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 Engineers is financial and insurance service. In detail, this covers activities by trusts, funds and other financial holding companies.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K2 | Activities by Trusts, funds and other financial holding companies |
To see the full business activity and turnover split of SPM Engineers Ltd, buy the company report.
Financials of SPM Engineers Ltd
FY 2024 filings availableSPM Engineers Ltd reported revenue of ₹25.1 Lakh (down 56% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 23% over five years, including a 56% fall in the latest year. EBITDA rose 98% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹10.63 Lakh | ||||
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| Net Profit (PAT) | -₹19.15 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -42.3% | ||||
| Net Profit Margin | -76.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of SPM Engineers Ltd, buy the company report.
Board of directors of SPM Engineers Ltd
SPM Engineers has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lalit Kumar Saraogi | Director | 07 Dec 2024 | 1 Years 11 Months | Current |
| Sobhag Mal Gangwal Also directs: SPML Bhiwandi Water Supply Infra Limited, SPML Bhiwandi Water Supply Management Limited, Binwa Power Company Pvt Limited and 5 more | Director | 01 Feb 2020 | 6 Years 9 Months | Current |
| Amar Chand Bakliwal Also directs: Bharat Hydro Power Corporation Limited, SPML Energy Limited, Bhagalpur Electricity Distribution Company Private Limited and 5 more | Director | 30 Jul 2011 | 15 Years 3 Months | Current |
Auditor
SPM Engineers Ltd is audited by MOHATA KARNANI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MOHATA KARNANI & ASSOCIATES | FY 2023 | 329739E |
Shareholding
The shareholding of SPM Engineers Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of SPM Engineers Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Aug 2016 | 100050617 | Canara Bank | ₹2,655.56 Cr | Open | |
| 05 Aug 2013 | 10443245 | Union Bank of India | ₹30 Cr | Open | |
| 24 Dec 2010 | 10260217 | Canara Bank (Lead Bank) | ₹2,598.84 Cr | Open | |
| 30 Jun 2009 | 10166309 | Andhra Bank | ₹92.75 Cr | Open | |
| 01 Jan 2009 | 10141246 | The Federal Bank Ltd | ₹7.5 Cr | Open |
To see the full charge records of SPM Engineers Ltd, buy the company report.
Total charge records: 5 View all charges
Legal cases
SPM Engineers Ltd has 16 court cases on record: 7 filed by SPM Engineers, 9 filed against it. 1 case is pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 7 | 0 |
| District courts | 4 | 2 | 1 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by an individual | Pending |
| High Court | Court case (Review.Pet.) | Filed against the company by The Guwahati Municipal Corporation | Disposed |
| High Court | Interim or miscellaneous application | Filed against the company by Guwahati Municipal Corporation | Disposed |
| High Court | Court case (MC) | Filed against the company by The Guwahati Municipal Corporation | Disposed |
| High Court | Court case (MC) | Filed by the company against Guwahati Municipal Corporation and Anr. | Disposed |
To see the full case history of SPM Engineers Ltd, 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 Engineers Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
SPM Engineers has 4 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 Engineers Ltd, buy the company report.
Recent activity
SPM Engineers Ltd has 11 board changes on record since 2010: 3 appointments and 8 cessations. The latest: Lalit Kumar Saraogi ceased to be Additional Director on 30 Oct 2025.
8 earlier events are in the company report.
Frequently asked questions
SPM Engineers is an active public limited company based in Kolkata, West Bengal, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 20 October 1984 (42+ years old) and is registered under CIN U29120WB1984PLC066611.
SPM Engineers has 3 current directors:
- Lalit Kumar Saraogi - Director
- Sobhag Mal Gangwal - Director
- Amar Chand Bakliwal - Director
The latest financial statements of SPM Engineers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 November 2024. Year-wise statements from 2015 are in the company report.
No. SPM Engineers has 4 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of SPM Engineers is U29120WB1984PLC066611. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SPM Engineers has 16 court cases on record: 7 filed by the company and 9 filed against it. 1 is pending. Most are in the high courts.
SPM Engineers was incorporated on 20 October 1984, making it 42+ years old. It is registered with the Registrar of Companies, Kolkata.
Lalit Kumar Saraogi ceased to be Additional Director on 30 Oct 2025. Dipak Kejriwal ceased to be Director on 07 Dec 2024. Lalit Kumar Saraogi was appointed as Director on 07 Dec 2024. SPM Engineers has 11 board changes on record in total.
The registered office of SPM Engineers is at 113 Park Street South Block 7th Floor Poddar Point, Kolkata, West Bengal, India – 700016.
SPM Engineers operates in the financial services industry, in the investment and credit nbfc segment.
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