Spruce Pax Private Limited - Company Profile

It is a packaging private limited company based in Pune, Maharashtra, India, established in 2016.
2016 Pune, Maharashtra, India Active
Last Updated:
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About Spruce Pax Private Limited

Spruce Pax Private Limited, a active private limited company, was established on 08 March 2016 in Pune, Maharashtra, India. Engaging in paper within the manufacturing sector, it holds CIN: U21098PN2016PTC158720. Registered under ROC Roc Pune. it is unlisted. It has an authorized capital of ₹1.50 M and a paid-up capital of ₹1.50 M.

Formerly known as Spruce Impex Private Limited. It upholds a compliant status. Employing 56 professional, Its leadership includes Yogesh Tulashiram Pingle (Director), Supriya Jagdish Pingale (Director), Prasad Khandu Barave (Director). Past directors included Sachin Dagdu Pingale, Jagdish Laxman Pingale. It holds ₹4.27 Cr open charges and ₹1.99 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Gat No. 963, Midc-Nighoje Road, Nighoje, Tal-Khed, Dist-Pune, Pune, Maharashtra, 410501.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U21098PN2016PTC158720

  • Registration Number

    158720

  • Incorporation Date

    08 March 2016

  • Authorized Capital

    ₹1.50 M

  • Paid-Up Capital

    ₹1.50 M

  • ROC Code

    Roc Pune

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.50 M
  • Company Age 10 Year, 3 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 4.27 Cr
  • Satisfied Charges ₹ 1.99 Cr
  • Revenue Growth **** 104.02%
  • Profit Growth **** 309.60%
  • Ebitda **** 125.99%
  • Net Worth 62.14%
  • Total Assets **** 84.45%
Company report

Spruce Pax Private Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Spruce Pax Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Spruce Pax Private Limited?
Current Directors
Name Designation Appointment Date Status
Yogesh Tulashiram Pingle Director 08 Mar 2016 Current
Supriya Jagdish Pingale Director 08 Mar 2016 Current
Prasad Khandu Barave Director 08 Mar 2016 Current
Jagdish Laxman Pingale Director 15 Jan 2018 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 01 Oct 2019 Past
Pramod Abcsdd Additional Director 29 Sep 2018 Past

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Financial Performance of Spruce Pax.

Spruce Pax Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 104.02% increase. The company also saw a substantial improvement in profitability, with a 309.6% increase in profit. The company's net worth Soared by an impressive increase of 62.14%.

Spruce Pax revenue growth over time
Spruce Pax profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 104.02%
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*******
*******
*******
Revenue from Operations
*******
 103.90%
*******
*******
*******
*******
Total Assets
*******
 84.45%
*******
*******
*******
*******
Profit or Loss
*******
 309.60%
*******
*******
*******
*******
Net Worth
*******
 62.14%
*******
*******
*******
*******
EBITDA
*******
 125.99%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Spruce Pax?

In 2023, Spruce Pax had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹42,724,480.00

Satisfied Charges

₹19,913,726.00

Charges Breakdown by Lending Institutions
  • Others : 3.77 Cr
  • Axis Bank Limited : 0.50 Cr
Latest Charge Details
Date Lender Amount Status
23 Dec 2024 Others ₹1.00 Cr Open
16 Aug 2024 Others ₹3.50 M Open
09 Dec 2022 Others ₹1.58 M Open
29 Jun 2021 Others ₹2.20 Cr Open
29 Jun 2018 Others ₹0.65 M Open

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How Many Employees Work at Spruce Pax?

Spruce Pax has a workforce of 56 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Spruce Pax, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Spruce Pax's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Spruce Pax
Recent Activity within the Organization
  • Charges

    The activity A charge registered on 22 Mar 2022 via Charge ID 100561761 with Hdfc Bank Limited was fully satisfied on 09 Jan 2026. was completed.

  • Annual General Meeting

    The activity Spruce Pax Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.

  • Balance Sheet

    Spruce Pax Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune. was recorded as a recent event.

  • Charges

    Progress on A charge with Others amounted to Rs. 10.00 M with Charge ID 101025882 was registered on 23 Dec 2024. was documented.

  • Charges

    A charge with Others of Rs. 22.00 M registered on 29 Jun 2021 with Charge ID 100498051 was modified on 12 Dec 2024. was recorded as a recent event.

  • Charges

    A charge with Others amounted to Rs. 3.50 M with Charge ID 100965502 was registered on 16 Aug 2024. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Spruce Pax Private Limited?

The CIN of Spruce Pax Private Limited is U21098PN2016PTC158720.

Where is Spruce Pax Private Limited headquartered?

Spruce Pax Private Limited is headquartered at Gat No. 963, Midc-Nighoje Road, Nighoje, Tal-Khed, Dist-Pune, Pune, Maharashtra, 410501.

When was Spruce Pax Private Limited incorporated?

Spruce Pax Private Limited was incorporated on 08 March 2016.

Who are the current directors of Spruce Pax Private Limited?

The current directors of Spruce Pax Private Limited are

What is the primary industry of Spruce Pax Private Limited?

The primary industry of Spruce Pax Private Limited is Manufacturing.

Is Spruce Pax Private Limited a listed company?

Spruce Pax Private Limited is unlisted.

What is the capital structure of Spruce Pax Private Limited?

The authorized capital of Spruce Pax Private Limited is ₹1.50 M, and the paid-up capital is ₹1.50 M.

What is the compliance status of Spruce Pax Private Limited?

The compliance status of Spruce Pax Private Limited is Compliant.

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