MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0012440
Spruce Up Industries Private Limited - machinery and equipment in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹13.08 Cr
▲ 121% YoY
Net profit · FY 2025
₹46.67 Lakh
Net margin 3.6%
EBITDA · FY 2025
₹88.51 Lakh
EBITDA margin 6.8%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹1.51 Lakh
Issued & subscribed
Open charges
₹4.12 Cr
Secured borrowings
Company age
10 yrs
Est. 2016
Employees · EPFO
18
Provident fund records
About Spruce Up Industries Private Limited
Data last updated:
Spruce Up Industries Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 25 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74990PN2016PTC165678. Its GSTIN is 27AAXCS3922M1ZJ (Maharashtra).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.51 Lakh. It is led by directors including Sunita Rajeev Shelar and Abhishek Rajeev Shelar.
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 Shop No.4 Mohit Towers 66 Sahaney Sujan Park Lullanagar, Pune, Maharashtra, India – 411040.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.08 Cr, a growth of 121% compared to the previous year. For the same year it recorded a net profit of ₹46.67 Lakh (net margin 3.6%) and EBITDA of ₹88.51 Lakh (EBITDA margin 6.8%). Revenue has grown at a compounded annual rate (CAGR) of 64% over three years and 72% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.12 Cr on record.
Spruce Up Industries Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0012440). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spruceup.in.
Company details
CIN U74990PN2016PTC165678
Registration Number 165678
Incorporation Date 25 July 2016
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-26-0012440
Key People
Sunita Rajeev Shelar Director Abhishek Rajeev Shelar Director Sumedh Sanjay Bhoj Director Recognitions & Rankings of Spruce Up Industries
Contact details
Spruce Up Industries Private Limited's registered office is in Pune, Maharashtra. Its website is spruceup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShop No.4 Mohit Towers 66 Sahaney Sujan Park Lullanagar, Pune, Maharashtra, India – 411040
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Spruce Up Industries Private Limited, buy the company report.
Comprehensive company report
Spruce Up Industries Private Limited - one report that includes everything
- 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
The main business activity of Spruce Up Industries is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Spruce Up Industries Private Limited, buy the company report.
Financials of Spruce Up Industries Private Limited
FY 2025 filings availableSpruce Up Industries Private Limited reported revenue of ₹13.08 Cr (up 121% YoY) for FY 2025.
Revenue · FY 2025
₹13.08 Cr ▲ 121%
Net profit · FY 2025
₹46.67 Lakh margin 3.6%
EBITDA · FY 2025
₹88.51 Lakh margin 6.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 121%
3 years · compounded
▲ 64%
5 years · compounded
▲ 72%
EBITDA CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 11%
5 years · compounded
▲ 61%
Revenue has grown at a compounded annual rate (CAGR) of 72% over five years, including 121% growth in the latest year. EBITDA fell 2% 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 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 | ₹88.51 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹46.67 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.8% | ||||
| Net Profit Margin | 3.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Spruce Up Industries Private Limited, buy the company report.
Board of directors of Spruce Up Industries Private Limited
Spruce Up Industries has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunita Rajeev Shelar Also directs: Spruceup Technologies Private Limited | Director | 25 Jul 2016 | 10 Years 3 Months | Current |
| Abhishek Rajeev Shelar Also directs: Spruceup Technologies Private Limited | Director | 25 Jul 2016 | 10 Years 3 Months | Current |
| Sumedh Sanjay Bhoj | Director | 04 Oct 2018 | 8 Years 1 Months | Current |
Peer comparison
Spruce Up Industries Private Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Insight Engineering Systems Private Limited | ₹13.08 Cr (FY 2024) | 53.0% | Mumbai, Maharashtra, India | |||
| Spruce Up Industries Private Limitedthis company | ₹13.08 Cr (FY 2025) | ₹46.67 Lakh | 3.6% | 121.0% | 18 | Pune, Maharashtra, India |
| Laxman Kadva & Sons Private Limited | ₹13.07 Cr (FY 2024) | 18.0% | Surendranagar, Gujarat, India | |||
| MMD Dmaic Profile Solutions Private Limited | ₹13.05 Cr (FY 2025) | 21.0% | Faridabad, Haryana, India | |||
| Isc Tex-Tech Private Limited | ₹13.01 Cr (FY 2025) | -2.0% | Derabassi, Punjab, India |
To see the full peer comparison of Spruce Up Industries Private Limited, buy the company report.
Auditor
Spruce Up Industries Private Limited is audited by SHRADDHA NIKHIL K & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHRADDHA NIKHIL K & CO. | FY 2023 | 137569W |
Shareholding
The shareholding of Spruce Up Industries Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Spruce Up Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.12 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Sep 2020 | 100371557 | Others | ₹4.12 Cr | Open |
To see the full charge records of Spruce Up Industries Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Spruce Up Industries Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Spruce Up Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Spruce Up Industries Private Limited has a workforce of 18 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
18
Active EPFO establishments
1
Employee growth
50%
GST
Spruce Up Industries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAXCS3922M1ZJ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Spruce Up Industries Private Limited, buy the company report.
Recent activity
Spruce Up Industries Private Limited has 4 board changes on record since 2016: 3 appointments and 1 cessation. The latest: Sumedh Sanjay Bhoj ceased to be Additional Director on 30 Sep 2019.
AGM
Spruce Up Industries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 411.93 Lakh registered on 08 Sep 2020 with Charge ID 100371557 was modified on 12 Jun 2025.
Filing
Spruce Up Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge with Others amounted to Rs. 411.93 Lakh with Charge ID 100371557 was registered on 08 Sep 2020.
Ceased
Sumedh Sanjay Bhoj ceased to be Additional Director.
Appointed
Sumedh Sanjay Bhoj was appointed as Director.
Appointed
Abhishek Rajeev Shelar was appointed as Director.
Appointed
Sunita Rajeev Shelar was appointed as Director.
Incorporation
25 Jul 2016
Spruce Up Industries Private Limited was registered on 25 Jul 2016 with Roc Pune & aged 10 years 3 months as per MCA records.
Frequently asked questions
Spruce Up Industries is an active private limited company based in Pune, Maharashtra, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 25 July 2016 (10+ years old) and is registered under CIN U74990PN2016PTC165678.
Spruce Up Industries has 3 current directors:
- Sunita Rajeev Shelar - Director
- Abhishek Rajeev Shelar - Director
- Sumedh Sanjay Bhoj - Director
The latest financial statements of Spruce Up Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Spruce Up Industries is 27AAXCS3922M1ZJ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Spruce Up Industries is U74990PN2016PTC165678. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spruce Up Industries was incorporated on 25 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Spruce Up Industries by revenue are Insight Engineering Systems Private Limited, Laxman Kadva & Sons Private Limited, MMD Dmaic Profile Solutions Private Limited, Isc Tex-Tech Private Limited, all in the Machinery and Equipment industry (Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Sumedh Sanjay Bhoj ceased to be Additional Director on 30 Sep 2019. Sumedh Sanjay Bhoj was appointed as Director on 04 Oct 2018. Abhishek Rajeev Shelar was appointed as Director on 25 Jul 2016. Spruce Up Industries has 4 board changes on record in total.
Yes, Spruce Up Industries is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0012440).
Spruce Up Industries can be reached through the website spruceup.in. Its registered office is in Pune, Maharashtra, India.
The registered office of Spruce Up Industries is at Shop No.4 Mohit Towers 66 Sahaney Sujan Park Lullanagar, Pune, Maharashtra, India – 411040.
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