About Sprit Infrapower & Multiventures Private Limited
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Sprit Infrapower & Multiventures Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the general infrastructure services segment of the infrastructure and utilities sector. It was incorporated on 05 February 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74110MH2008PTC178527. Its GSTIN is 27AALCS5905J1ZY (Maharashtra).
The company has an authorised share capital of ₹40.36 Cr and a paid-up capital of ₹8.42 Lakh. It was formerly known as Sprit Lounge Private Limited and Sprit Textiles Private Limited. It is led by directors Pushkar Dutt Bansal and Rajendra Balwant Patil.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 135 Continental Bluilding Dr. Annie Besant Road Worli, Mumbai, Maharashtra, India – 400018.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.66 Lakh, a decline of 92% compared to the previous year. For the same year it recorded a net loss of ₹81.74 Cr and EBITDA of -₹81.74 Cr. Revenue has declined at a compounded annual rate (CAGR) of 61% over three years and 69% over five years.
Its group structure includes 5 subsidiaries.
As per MCA filings, the company has open charges of ₹4,123.21 Cr and satisfied charges of ₹2,772 Cr on record. Court records list 23 cases involving the company, including 9 filed by the company and 14 filed against it; 6 cases are pending. The company has 9 deals on record (5 funding rounds, 3 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹6,200.52 Cr; the latest was in October 2019.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website esselgroup.com.
Name History
Sprit Infrapower & Multiventures has undergone 2 name changes throughout its history. The company was previously known as Sprit Lounge Private Limited, and Sprit Textiles Private Limited. The current legal name is Sprit Infrapower & Multiventures Private Limited.
| Company Name | Status |
|---|---|
| Sprit Infrapower & Multiventures Private Limited | Current |
| Sprit Lounge Private Limited | Previous |
| Sprit Textiles Private Limited | Previous |
CIN History
Sprit Infrapower & Multiventures has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74110MH2008PTC178527, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110MH2008PTC178527 | Current |
| U18101MH2008PTC178527 | Previous |
| U45200MH2008PTC178527 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address135 Continental Bluilding Dr. Annie Besant Road Worli, Mumbai, Maharashtra, India – 400018
- IndustryInfrastructure and Utilities, General Infrastructure 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
- One PDF report, delivered after checkout
Financials of Sprit Infrapower & Multiventures Private Limited
FY 2024 filings availableSprit Infrapower & Multiventures Private Limited reported revenue of ₹3.66 Lakh (down 92% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 69% over five years, including a 92% fall in the latest year. EBITDA fell 43% 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 2019-20 to FY 2022-23in the company report |
|---|---|---|
| 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 | -₹81.74 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | -₹81.74 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
| Metrics | FY 2023-24 | FY 2019-20 to FY 2022-23in the company report |
|---|---|---|
| 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, and every line for FY 2019-20 to FY 2022-23, 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 Sprit Infrapower & Multiventures are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Board of Directors of Sprit Infrapower & Multiventures Private Limited
Sprit Infrapower & Multiventures has 2 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pushkar Dutt Bansal | Director | 30 Jul 2024 | 2 Years 2 Months | Current |
| Rajendra Balwant Patil Also directs: Greatway Estates Private Limited, Churu Enterprises LLP, New Media Broadcasting Private Limited and 5 more | Director | 12 Dec 2023 | 2 Years 10 Months | Current |
Auditor Details
Sprit Infrapower & Multiventures Private Limited is audited by Sarda & Pareek LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Sarda & Pareek LLP | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Nov 2024 | Idbi Trusteeship Services Limited | ₹1,016.21 Cr | Open |
| 07 Jan 2021 | Others | ₹35 Cr | Open |
| 27 Apr 2018 | Others | ₹300 Cr | Open |
| 27 Apr 2018 | Others | ₹200 Cr | Open |
| 06 Dec 2017 | Others | ₹1,500 Cr | Open |
Total charge records: 24 View all charges
Deals & Funding
Sprit Infrapower & Multiventures Private Limited has 9 deals on record (5 funding rounds, 3 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹6,200.52 Cr; the latest was in October 2019.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2019 | Funding round | ₹2,022.55 Cr | Investors: Cyquator Media Services Private Limited |
| Jan 2019 | Funding round | ₹1,667.31 Cr | Investors: Pan India Network Infravest Limited , Direct Media Distribution Ventures Private Limited |
| Mar 2016 | Funding round | ₹1,323.17 Cr | Investors: Khoobsurat Infra Private Limited , Essel Corporate Resources Private Limited , Briggs Trading Company Private Limited |
| Sep 2014 | Funding round | ₹1,061.01 Cr | Investors: Edisons Infrapower & Multiventures Private Limited , Essel Corporate Resources Private Limited , Mod Silica Private Limited |
| Mar 2014 | Funding round | ₹7.4 Lakh | Investors: Jayneer Infrapower & Multiventures Private Limited , an individual |
: available in the company report
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases
Sprit Infrapower & Multiventures Private Limited has 23 court cases on record: 9 filed by Sprit Infrapower & Multiventures, 14 filed against it. 6 cases are pending and 17 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 14 | 7 | 5 |
| Supreme Court | 8 | 6 | 0 |
| District courts | 1 | 1 | 1 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Lic Housing Finance Limited | Pending |
| Supreme Court | Court case (1100-Arbitration Matters : SLPs challenging Arbitration Matters) | Filed against the company by Widescreen Holdings Private Limited Through Pushkar Dutt Bansal Authorised Signatory Office at 18Th Floor, A Wing, Marathon Futurex N.M. Joshi Marg, Lower Parel ,Mumbai , Maharashtra and 3 others | Disposed |
| Supreme Court | Court case (2808-Mercantile Laws, Commercial Transactions Including Banking : Others) | Filed against the company by Jain Studios Ltd Constituted Attorney Jain Studio Campus Scindia Villa Ring Road Sarojini Nagar , District: New Delhi ,New Delhi , Delhi | Disposed |
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed against the company by Religare Finvest Limited | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by PR Commissioner of Income Tax 8 Mumbai | Pending |
: available in 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.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Sprit Infrapower & Multiventures.
: available in the company report
Group Structure
Sprit Infrapower & Multiventures has 5 subsidiary companies and 4 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Greatway Estates Private Limited | U45201DL1997PTC084173 | Locked |
| Briggs Trading Company Private Limited | U51900MH1982PTC028163 | Locked |
| Khoobsurat Infra Private Limited | U70102MH2013PTC242821 | Locked |
| Digital Subscriber Management And Consultancy Services Private Limited | U72300MH1993PTC074967 | Locked |
| Omnitrade Marketing Services Private Limited | U74999MH2018PTC316579 | Locked |
Showing major subsidiaries. Total: 5.
Recent Activity
Sprit Infrapower & Multiventures Private Limited has 15 board changes on record since 2012: 2 appointments and 13 cessations. The latest: Pushkar Dutt Bansal ceased to be Additional Director on 29 Sep 2024.
44 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Sprit Infrapower & Multiventures has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AALCS5905J1ZY | Maharashtra | Active | 07 Oct 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Sprit Infrapower & Multiventures is an active private limited company based in Mumbai, Maharashtra, India. The company works in general infrastructure services, within the infrastructure and utilities industry. It was incorporated on 05 February 2008 (18+ years old) and is registered under CIN U74110MH2008PTC178527.
Sprit Infrapower & Multiventures has 2 current directors:
- Pushkar Dutt Bansal - Director
- Rajendra Balwant Patil - Director
The latest financial statements of Sprit Infrapower & Multiventures on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Sprit Infrapower & Multiventures is 27AALCS5905J1ZY, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sprit Infrapower & Multiventures is U74110MH2008PTC178527. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sprit Infrapower & Multiventures has 23 court cases on record: 9 filed by the company and 14 filed against it. 6 are pending. Most are in the high courts.
Sprit Infrapower & Multiventures was incorporated on 05 February 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Sprit Infrapower & Multiventures has 9 deals on record (5 funding rounds, 3 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹6,200.52 Cr; the latest was in October 2019.
Pushkar Dutt Bansal ceased to be Additional Director on 29 Sep 2024. Rajendra Balwant Patil ceased to be Additional Director on 29 Sep 2024. Pushkar Dutt Bansal was appointed as Director on 30 Jul 2024. Sprit Infrapower & Multiventures has 15 board changes on record in total.
Sprit Infrapower & Multiventures can be reached through the website esselgroup.com. Its registered office is in Mumbai, Maharashtra, India.