About Spotify India Private Limited
Data last updated:
Spotify India Private Limited was a foreign private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Spotify Ab. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the online music platforms segment of the internet and digital services sector. It was incorporated on 02 June 2017.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017FTC295679. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹6.39 Cr and a paid-up capital of ₹6.39 Cr.
Its last annual general meeting (AGM) was held on 26 April 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2019, the company reported a revenue of ₹34.34 Lakh. For the same year it recorded a net loss of ₹44.26 Cr and EBITDA of -₹43.78 Cr.
Court records list 23 cases involving the company, including 2 filed against it; 16 cases are pending. The company has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹88 Cr; the latest was in August 2018. Its 10 peer companies in the Ecommerce and Internet industry (Music) are compared by revenue, 5 larger and 5 smaller; the largest is Auxtone Music Private Limited with revenue of ₹37.74 Lakh.
The last known website on record is spotify.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressOffice No. V – 01 5th & 6th Floor Mafatlal House (Building) H.T. Parekh Marg Backbay Rec, Lamation, Mumbai, Maharashtra, India – 400020
- IndustryInternet, Online Music Platforms
- 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
Business Activity of Spotify India Private Limited
The main business activity of Spotify India is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service 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 Spotify India Private Limited FY 2019 filings available
Spotify India Private Limited reported revenue of ₹34.34 Lakh for FY 2019.
Financial Statement Summary of Spotify India Private Limited
| Metrics | FY 2018-19 | FY 2017-18 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | •••• |
| Other Income | •••• | •••• |
| Total Revenue | ₹34.34 Lakh | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | -₹43.78 Cr | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | -₹44.26 Cr | •••• |
| 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 Spotify India Private Limited
| Metrics | FY 2018-19 | FY 2017-18 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | •••• | •••• |
| Net Profit Margin | •••• | •••• |
| 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 Spotify India 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 Spotify India Private Limited
Spotify India Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Music). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Auxtone Music Private Limited | ₹37.74 Lakh (FY 2025) | •••• | •••• | -60.0% | •••• | Jamui, Bihar, India |
| Southern Street Music Private Limited | ₹37.74 Lakh (FY 2024) | •••• | •••• | 42.0% | •••• | Mumbai, Maharashtra, India |
| Nisare Music Tracks Private Limited | ₹37.72 Lakh (FY 2024) | •••• | •••• | 28.0% | •••• | Punjab, India |
| Findie Music Technology Private Limited | ₹37.29 Lakh (FY 2025) | •••• | •••• | 127.0% | •••• | Nagpur, Maharashtra, India |
| Future Tone Music Private Limited | ₹35 Lakh (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Spotify India Private Limited this company | ₹34.34 Lakh (FY 2019) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Murali Music Musical Private Limited | ₹34.32 Lakh (FY 2022) | •••• | •••• | -34.0% | •••• | Chennai, Tamil Nadu, India |
| Chennai School of Music Therapy Private Limited | ₹34.15 Lakh (FY 2024) | •••• | •••• | 76.0% | •••• | Chennai, Tamil Nadu, India |
| B-Live Music & Entertainment Private Limited | ₹34.07 Lakh (FY 2025) | •••• | •••• | -79.0% | •••• | Mumbai, Maharashtra, India |
| Aurzart Music Private Limited | ₹34.03 Lakh (FY 2024) | •••• | •••• | -21.0% | •••• | Bangalore, Karnataka, India |
| Purbayan Arts Artists and Music Foundation | ₹34.01 Lakh (FY 2025) | •••• | •••• | 44.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Spotify India by revenue in the Ecommerce and Internet industry (Music), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Spotify India Private Limited
Spotify India Private Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S.R. Batliboi & Associates LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Spotify India Private Limited
Spotify India has 4 former directors on record and no current directors listed.
Ownership and Shareholding of Spotify India 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 Spotify India Private Limited
Spotify India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Spotify India Private Limited
Spotify India Private Limited has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹88 Cr; the latest was in August 2018.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2018 | Funding round | ₹88 Cr | Investors: an individual |
| Aug 2017 | Rights issue | ₹6.38 Cr | Investors: an individual |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Spotify India Private Limited
Spotify India Private Limited has 23 court cases on record: 2 filed against it, 21 where it is another party. 16 cases are pending and 7 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 1 | 10 |
| High courts | 8 | 1 | 6 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Commercial suit | Filed against the company by Saregama India Limited | Disposed |
| Madras High Court | Appeal | Company is another party | Pending |
| Madras High Court | Original application | Company is another party | Pending |
| Madras High Court | Court case (C.S(COMM DIV)) | Company is another party | Pending |
| District court, Ernakulam, Kerala | Civil suit | Company is another party | Pending |
Full case history
All 23 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Spotify India Private Limited
Employment history and EPFO contributions of people linked to Spotify India.
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.
News related to Spotify India Private Limited
Recent Activity on Spotify India Private Limited
Spotify India Private Limited has 4 board changes on record since 2019: 0 appointments and 4 cessations. The latest: Amarjit Singh Batra ceased to be Alternate Director on 12 Jun 2019.
Credit Ratings, Litigation & Regulatory Alerts for Spotify India 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 Spotify India 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 Spotify India 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 Spotify India Private Limited
Spotify India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Spotify India 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 Spotify India Private Limited
Spotify India has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Spotify India was a foreign private limited company based in Mumbai, Maharashtra, India. The company worked in online music platforms, within the internet industry. It was incorporated on 02 June 2017 and is registered under CIN U74999MH2017FTC295679. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Spotify India is U74999MH2017FTC295679. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spotify India was incorporated on 02 June 2017. It is registered with the Registrar of Companies, Mumbai.
Spotify India can be reached through the website spotify.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Spotify India is at Office No. V – 01 5th & 6th Floor Mafatlal House Building H.T. Parekh Marg Backbay Rec, Lamation, Mumbai, Maharashtra, India – 400020.
Spotify India reported revenue of ₹34.34 Lakh for FY 2019.
Spotify India has an authorised share capital of ₹6.39 Cr and a paid-up capital of ₹6.39 Cr.
Spotify India reported a net loss of ₹44.26 Cr and EBITDA of -₹43.78 Cr for FY 2019, as per its filed financial statements.
No. Spotify India has 1 GST registration on record and it is cancelled or inactive.
Spotify India operated in the internet industry, in the online music platforms segment.