SPM Innovation LLP
About SPM Innovation LLP
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SPM Innovation LLP is a limited liability partnership (LLP) based in Thane, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 18 July 2019 and has been in existence for over 7 years.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAP-9823.
The LLP has a total obligation of contribution of ₹24,000. It is led by designated partners including Pankajkumar Vinaychand Kothari and Mahesh Vinaychand Kothari.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at 501/A Govind Vihar Tower Sarvoday Nagar Badlapur West, Thane, Maharashtra, India – 421503.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹7.54 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹56.28 Lakh (net margin 7.5%) and EBITDA of -₹1.33 Cr (EBITDA margin -17.7%).
As per MCA filings, the LLP has open charges of ₹32.65 Cr on record.
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- Registered Address501/A Govind Vihar Tower Sarvoday Nagar Badlapur West, Thane, Maharashtra, India – 421503
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
- One PDF report, delivered after checkout
Financials of SPM Innovation LLP FY 2025 filings available
SPM Innovation LLP reported revenue of ₹7.54 Cr (up 566% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of SPM Innovation LLP
Revenue rose 566% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of SPM Innovation LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Income and Expenditure | ||||
| Turnover | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Income | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• |
| Profit After Tax | ₹56.28 Lakh | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• |
| Assets and Liabilities | ||||
| Partners' Contribution | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• |
Financial Ratios of SPM Innovation LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| Net Profit Margin | 7.5% | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• |
| Liquidity and Debt | ||||
| Current Ratio | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• |
| Efficiency and Growth | ||||
| Asset Turnover | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• |
| Profit Growth | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form 8. The full year-wise statements and ratios of SPM Innovation are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Designated Partners of SPM Innovation LLP
SPM Innovation has 3 current designated partners and 1 former designated partner. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankajkumar Vinaychand Kothari Also directs: Kothari & Deshmukh Landmark LLP | Designated Partner | 18 Jul 2019 | 7 Years 2 Months | Current |
| Mahesh Vinaychand Kothari Also directs: Kothari & Deshmukh Landmark LLP, Glance Advisors Private Limited | Designated Partner | 18 Jul 2019 | 7 Years 2 Months | Current |
| Sunilkumar Vinaychad Kothari Also directs: Kothari & Deshmukh Landmark LLP | Designated Partner | 01 Apr 2022 | 4 Years 6 Months | Current |
Ownership and Shareholding of SPM Innovation LLP
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of SPM Innovation LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Oct 2024 | Aditya Birla Housing Finance Limited | ₹12.5 Cr | Open |
| 11 Jul 2024 | Hdfc Bank Limited | ₹6.48 Lakh | Open |
| 19 Jun 2024 | Dcb Bank Limited | ₹7.8 Cr | Open |
| 14 Jun 2024 | Hdfc Bank Limited | ₹6.48 Lakh | Open |
| 05 Apr 2022 | Hdfc Bank Limited | ₹22.3 Lakh | Open |
Total charge records: 6 View all charges
Employees and EPFO Compliance at SPM Innovation LLP
Employment history and EPFO contributions of people linked to SPM Innovation.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on SPM Innovation LLP
SPM Innovation LLP has 4 designated partner changes on record since 2019: 3 appointments and 1 cessation. The latest: Sunilkumar Vinaychad Kothari was appointed as Designated Partner on 01 Apr 2022.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for SPM Innovation LLP
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by SPM Innovation LLP
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of SPM Innovation LLP
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of SPM Innovation LLP
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of SPM Innovation LLP
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about SPM Innovation LLP
SPM Innovation is an active limited liability partnership based in Thane, Maharashtra, India. The LLP works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 18 July 2019 (7+ years old) and is registered under LLPIN AAP-9823.
SPM Innovation reported revenue of ₹7.54 Cr for FY 2023 (up 566% YoY).
SPM Innovation has 3 current designated partners:
- Pankajkumar Vinaychand Kothari - Designated Partner
- Mahesh Vinaychand Kothari - Designated Partner
- Sunilkumar Vinaychad Kothari - Designated Partner
SPM Innovation reported a net profit of ₹56.28 Lakh (net margin 7.5%) and EBITDA of -₹1.33 Cr (EBITDA margin -17.7%) for FY 2023, as per its filed financial statements.
The LLPIN (Limited Liability Partnership Identification Number) of SPM Innovation is AAP-9823. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
SPM Innovation was incorporated on 18 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Sunilkumar Vinaychad Kothari was appointed as Designated Partner on 01 Apr 2022. Sunilkumar Vinaychad Kothari ceased to be Designated Partner on 11 Jun 2021. Mahesh Vinaychand Kothari was appointed as Designated Partner on 18 Jul 2019. SPM Innovation has 4 designated partner changes on record in total.
The registered office of SPM Innovation is at 501A Govind Vihar Tower Sarvoday Nagar Badlapur West, Thane, Maharashtra, India – 421503.
The total obligation of contribution is ₹24,000.
SPM Innovation operates in the real estate and construction industry, in the real estate builders and developers segment.