Spruce Solutions Private Limited - Company Profile

It is a information technology private limited company based in Bangalore, Karnataka, India, established in 2000.
2000 Bangalore, Karnataka, India Active
Last Updated:
Access Report
About Spruce Solutions Private Limited

Spruce Solutions Private Limited, a active private limited company, was established on 01 December 2000 in Bangalore, Karnataka, India. Engaging in application development & software solutions within the information and communication sector, it holds CIN: U72200KA2000PTC028225. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹0.10 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Employing 4 professional, Its leadership includes Kavitha (Director), Senthil Kumar Subbaiah (Director). Past directors included Rajakumar Sudalaikani, Senthil Kumar Subbaiah, Sushant Sharma. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Novel Tech Park, 46/4 Garvebhavi Palya, Kudlu Gate, Hosur Main Road,, Bangalore, Karnataka, 560068.

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

    +91-XXXXXXXXXX

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

Company Details

  • CIN/LLPIN

    U72200KA2000PTC028225

  • Registration Number

    028225

  • Incorporation Date

    01 December 2000

  • Authorized Capital

    ₹0.10 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 25 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth **** 120.77%
  • Profit Growth **** 205.41%
  • Ebitda **** 603.09%
  • Net Worth 63.28%
  • Total Assets **** 24.99%
Company report

Spruce Solutions Private Limited

Company Report FY 2026-2027

Comprehensive Company Insights

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

Access Report
Who are the key members and board of directors at Spruce Solutions Private Limited?
Current Directors
Name Designation Appointment Date Status
Kavitha Director 18 Feb 2021 Current
Senthil Kumar Subbaiah Director 10 Jun 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 15 Oct 2017 Past
Pramod Abcsdd Director 18 Feb 2021 Past
Pramod Abcsdd Director 06 Mar 2013 Past
Pramod Abcsdd Director - Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Spruce Solutions.

Spruce Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 120.77% increase. The company also saw a substantial improvement in profitability, with a 205.41% increase in profit. The company's net worth Soared by an impressive increase of 63.28%.

Spruce Solutions revenue growth over time
Spruce Solutions 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
********
 120.77%
*******
*******
*******
*******
Revenue from Operations
*******
 119.24%
*******
*******
*******
*******
Total Assets
*******
 24.99%
*******
*******
*******
*******
Profit or Loss
*******
 205.41%
*******
*******
*******
*******
Net Worth
*******
 63.28%
*******
*******
*******
*******
EBITDA
*******
 603.09%
*******
*******
*******
*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Spruce Solutions?

In 2023, Spruce Solutions had a public holding of 99.90%. 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

Reveal ownership structures and financial performance - Get instant access now!

How Many Employees Work at Spruce Solutions?

Spruce Solutions has a workforce of 4 employees as of Apr 01, 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 Solutions, 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 Solutions'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.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Spruce Solutions
Recent Activity within the Organization
  • Director Appointment

    Progress on Senthil Kumar Subbaiah was appointed as a Director was appointed as a Director on 10 Jun 2025 & has been associated with this company since 11 months 1 day . was documented.

  • Annual General Meeting

    The activity Spruce Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Spruce Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was recorded as a recent event.

  • Director Appointment

    The activity Kavitha was appointed as a Director was appointed as a Director on 18 Feb 2021 & has been associated with this company since 5 years 2 months . was completed.

  • Company Incorporation

    Spruce Solutions Private Limited was registered on 01 Dec 2000 with Roc Bangalore & aged 25 years 5 months as per MCA records. was recorded as a recent event.

Explore recent activity and updates - View Recent Activity

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

The CIN of Spruce Solutions Private Limited is U72200KA2000PTC028225.

Where is Spruce Solutions Private Limited headquartered?

Spruce Solutions Private Limited is headquartered at Novel Tech Park, 46/4 Garvebhavi Palya, Kudlu Gate, Hosur Main Road,, Bangalore, Karnataka, 560068.

When was Spruce Solutions Private Limited incorporated?

Spruce Solutions Private Limited was incorporated on 01 December 2000.

Who are the current directors of Spruce Solutions Private Limited?

The current directors of Spruce Solutions Private Limited are

What is the primary industry of Spruce Solutions Private Limited?

The primary industry of Spruce Solutions Private Limited is Information And Communication.

Is Spruce Solutions Private Limited a listed company?

Spruce Solutions Private Limited is unlisted.

What is the capital structure of Spruce Solutions Private Limited?

The authorized capital of Spruce Solutions Private Limited is ₹0.10 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of Spruce Solutions Private Limited?

The compliance status of Spruce Solutions Private Limited is Compliant.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available