About Spotex Technology Private Limited
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Spotex Technology Private Limited is a foreign private limited company based in Nagpur, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 10 January 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2018FTC303912. Its GSTIN is 27AAZCS7075F1ZK (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ritesh Agrawal and Pushpa Omprakash Agrawal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No 4 Upadhya Road Mahal, Nagpur, Maharashtra, India – 440002.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.38 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹60,971 (net margin 0.4%) and EBITDA of ₹4.23 Lakh (EBITDA margin 3.1%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 28% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Spotex.
For more details, the company can be reached via its website spotex.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo 4 Upadhya Road Mahal, Nagpur, Maharashtra, India – 440002
- IndustryInformation Technology, Application Development & Software Solutions, IT Consulting & Support Services
- 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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Business Activity of Spotex Technology Private Limited
The main business activity of Spotex Technology is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Spotex Technology Private Limited FY 2025 filings available
Spotex Technology Private Limited reported revenue of ₹1.38 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Spotex Technology Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 1% growth in the latest year. EBITDA fell 47% 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 of Spotex Technology Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹4.23 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹60,971 | •••• | •••• | •••• | •••• |
| 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 of Spotex Technology Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Spotex Technology are in the company report.
Financial statements from FY 2018
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.
Peer Comparison of Spotex Technology Private Limited
Spotex Technology Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Xcelyst Tech Solutions India Private Limited | ₹1.38 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Bangalore, Karnataka, India |
| Novacast India Private Limited | ₹1.38 Cr (FY 2024) | •••• | •••• | -15.0% | •••• | Bangalore, Karnataka, India |
| Jemysto Tech Private Limited | ₹1.38 Cr (FY 2025) | •••• | •••• | 74.0% | •••• | Tirunelveli, Tamil Nadu, India |
| Prosot India Private Limited | ₹1.38 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | Pune, Maharashtra, India |
| Convene Technologies India Private Limited | ₹1.38 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | New Delhi, Delhi, India |
| Spotex Technology Private Limited this company | ₹1.38 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Nagpur, Maharashtra, India |
| Ikya Software Solutions Private Limited | ₹1.38 Cr (FY 2018) | •••• | •••• | 41.0% | •••• | Hyderabad, Telangana, India |
| Keystone Business Solutions Private Limited | ₹1.38 Cr (FY 2023) | •••• | •••• | -78.0% | •••• | Mumbai, Maharashtra, India |
| Ovvio Products and Solutions Private Limited | ₹1.37 Cr (FY 2025) | •••• | •••• | -56.0% | •••• | Mumbai, Maharashtra, India |
| Ket Systems Private Limited | ₹1.37 Cr (FY 2024) | •••• | •••• | -11.0% | •••• | Vijayawada, Andhra Pradesh, India |
| Creoinvent Technologies Private Limited | ₹1.37 Cr (FY 2015) | •••• | •••• | 276.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Spotex Technology by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Spotex Technology Private Limited
Spotex Technology has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ritesh Agrawal | Director | 10 Jan 2018 | 8 Years 9 Months | Current |
| Pushpa Omprakash Agrawal | Director | 10 Jan 2018 | 8 Years 9 Months | Current |
Ownership and Shareholding of Spotex Technology Private Limited
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 Spotex Technology Private Limited
Spotex Technology Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Spotex Technology Private Limited
Spotex Technology operates one associated brand: Spotex. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides white-label brokerage solutions for financial institutions and brokers. | spotex.com |
Employees and EPFO Compliance at Spotex Technology Private Limited
Spotex Technology Private Limited has a workforce of 3 employees as of Apr 04, 2024.
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 Spotex Technology Private Limited
Spotex Technology Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Pushpa Omprakash Agrawal was appointed as Director on 10 Jan 2018.
Credit Ratings, Litigation & Regulatory Alerts for Spotex Technology Private Limited
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 Spotex Technology Private Limited
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 Spotex Technology Private Limited
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 Spotex Technology Private Limited
Spotex Technology has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAZCS7075F1ZK | Maharashtra | Active | 01 Mar 2018 |
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 Spotex Technology Private Limited
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 Spotex Technology Private Limited
Spotex Technology is an active foreign private limited company based in Nagpur, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 10 January 2018 (8+ years old) and is registered under CIN U72900MH2018FTC303912.
Spotex Technology reported revenue of ₹1.38 Cr for FY 2025 (up 1% YoY).
Spotex Technology has 2 current directors:
- Ritesh Agrawal - Director
- Pushpa Omprakash Agrawal - Director
Spotex Technology reported a net profit of ₹60,971 (net margin 0.4%) and EBITDA of ₹4.23 Lakh (EBITDA margin 3.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Spotex Technology is 5% over three years and 28% over five years. In the latest year (FY 2025) revenue rose 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Spotex Technology is 27AAZCS7075F1ZK, registered in Maharashtra.
The CIN (Corporate Identification Number) of Spotex Technology is U72900MH2018FTC303912. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spotex Technology was incorporated on 10 January 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Spotex Technology by revenue are Xcelyst Tech Solutions India Private Limited, Novacast India Private Limited, Jemysto Tech Private Limited, Prosot India Private Limited, Convene Technologies India Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Pushpa Omprakash Agrawal was appointed as Director on 10 Jan 2018. Ritesh Agrawal was appointed as Director on 10 Jan 2018.
Spotex Technology can be reached through the website spotex.com. Its registered office is in Nagpur, Maharashtra, India.