MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MP-23-0035213
Spundan Consultancy and IT Solutions Private Limited - information technology in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹88.22 Lakh
▼ 33% YoY
Net profit · FY 2024
₹21.25 Lakh
Net margin 24.1%
EBITDA · FY 2024
₹32.08 Lakh
EBITDA margin 36.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹3.2 Cr
Secured borrowings
Company age
15 yrs
Est. 2011
Directors on board
3
As per MCA filings
About Spundan Consultancy and IT Solutions Private Limited
Data last updated:
Spundan Consultancy and IT Solutions Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 10 January 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U72200MP2011PTC025132. Its GSTIN is 23AAPCS2658Q1ZK (Madhya Pradesh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Kishan Wadhwani and Sanjay Wadhwani.
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 Indore, Madhya Pradesh.
As per the financials filed for FY 2024, the company reported a revenue of ₹88.22 Lakh, a decline of 33% compared to the previous year. For the same year it recorded a net profit of ₹21.25 Lakh (net margin 24.1%) and EBITDA of ₹32.08 Lakh (EBITDA margin 36.4%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years.
The company is associated with 1 brand: Spundan. As per MCA filings, the company has open charges of ₹3.2 Cr on record.
Spundan Consultancy and IT Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0035213). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spundan.com.
Company details
CIN U72200MP2011PTC025132
Registration Number 025132
Incorporation Date 10 January 2011
ROC Gwalior
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 Micro
Udyam Registration UDYAM-MP-23-0035213
Recognitions & Rankings of Spundan Consultancy and IT Solutions
Contact details
Spundan Consultancy and IT Solutions Private Limited's registered office is in Indore, Madhya Pradesh. Its website is spundan.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressM – 12 Sai Ram Plaza 63 Mangal Nagar Road Vishnu Puri Colon, Y, Indore, Madhya Pradesh, India – 452001
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Spundan Consultancy and IT Solutions Private Limited, buy the company report.
Comprehensive company report
Spundan Consultancy and IT Solutions 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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Brands
Spundan Consultancy and IT Solutions operates one associated brand: Spundan. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers IT development, consulting, and cloud solutions to enterprises and startups. | spundan.com |
Business activity
The main business activity of Spundan Consultancy and IT Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Spundan Consultancy and IT Solutions Private Limited, buy the company report.
Financials of Spundan Consultancy and IT Solutions Private Limited
FY 2025 filings availableSpundan Consultancy and IT Solutions Private Limited reported revenue of ₹88.22 Lakh (down 33% YoY) for FY 2024.
Revenue · FY 2024
₹88.22 Lakh ▼ 33%
Net profit · FY 2024
₹21.25 Lakh margin 24.1%
EBITDA · FY 2024
₹32.08 Lakh margin 36.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 33%
3 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▼ 36%
3 years · compounded
▲ 30%
5 years · compounded
▲ 201%
Revenue fell 33% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA fell 36% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹32.08 Lakh | ||||
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| Net Profit (PAT) | ₹21.25 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 36.4% | ||||
| Net Profit Margin | 24.1% | ||||
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To see the full financial statements and ratios of Spundan Consultancy and IT Solutions Private Limited, buy the company report.
Board of directors of Spundan Consultancy and IT Solutions Private Limited
Spundan Consultancy and IT Solutions 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 |
|---|---|---|---|---|
| Kishan Wadhwani | Director | 01 Aug 2020 | 6 Years 3 Months | Current |
| Sanjay Wadhwani | Director | 10 Jan 2011 | 15 Years 9 Months | Current |
| Sweeta Kishan Wadhwani | Director | 03 Oct 2012 | 14 Years 0 Months | Current |
Auditor
Spundan Consultancy and IT Solutions Private Limited is audited by AGRAWAL & DHOOT for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGRAWAL & DHOOT | FY 2022 | 014804C |
Shareholding
The shareholding of Spundan Consultancy and IT Solutions Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Spundan Consultancy and IT Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.2 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jun 2022 | 100598140 | Hdfc Bank Limited | ₹3.2 Cr | Open |
To see the full charge records of Spundan Consultancy and IT Solutions Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Spundan Consultancy and IT Solutions 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 Spundan Consultancy and IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Spundan Consultancy and IT Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAPCS2658Q1ZK | Madhya Pradesh | Active | 12 Jun 2019 |
To see the full GST registrations and return filing status of Spundan Consultancy and IT Solutions Private Limited, buy the company report.
Recent activity
Spundan Consultancy and IT Solutions Private Limited has 4 board changes on record since 2011: 3 appointments and 1 cessation. The latest: Kishan Wadhwani was appointed as Director on 01 Aug 2020.
AGM
Spundan Consultancy And It Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Spundan Consultancy And It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Charges
A charge with Hdfc Bank Limited of Rs. 320.00 Lakh registered on 27 Jun 2022 with Charge ID 100598140 was modified on 06 Sep 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 320.00 Lakh with Charge ID 100598140 was registered on 27 Jun 2022.
Appointed
Kishan Wadhwani was appointed as Director.
Appointed
Sweeta Kishan Wadhwani was appointed as Director.
Ceased
Yash Datre ceased to be Director.
Appointed
Sanjay Wadhwani was appointed as Director.
Incorporation
10 Jan 2011
Spundan Consultancy And It Solutions Private Limited was registered on 10 Jan 2011 with Roc Gwalior & aged 15 years 9 months as per MCA records.
Frequently asked questions
Spundan Consultancy and IT Solutions is an active private limited company based in Indore, Madhya Pradesh, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 10 January 2011 (15+ years old) and is registered under CIN U72200MP2011PTC025132.
Spundan Consultancy and IT Solutions has 3 current directors:
- Kishan Wadhwani - Director
- Sanjay Wadhwani - Director
- Sweeta Kishan Wadhwani - Director
The latest financial statements of Spundan Consultancy and IT Solutions 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 2015 are in the company report.
The GSTIN of Spundan Consultancy and IT Solutions is 23AAPCS2658Q1ZK, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Spundan Consultancy and IT Solutions is U72200MP2011PTC025132. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spundan Consultancy and IT Solutions was incorporated on 10 January 2011, making it 15+ years old. It is registered with the Registrar of Companies, Gwalior.
Kishan Wadhwani was appointed as Director on 01 Aug 2020. Sweeta Kishan Wadhwani was appointed as Director on 03 Oct 2012. Yash Datre ceased to be Director on 03 Oct 2012. Spundan Consultancy and IT Solutions has 4 board changes on record in total.
Yes, Spundan Consultancy and IT Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-MP-23-0035213).
Spundan Consultancy and IT Solutions can be reached through the website spundan.com. Its registered office is in Indore, Madhya Pradesh, India.
The registered office of Spundan Consultancy and IT Solutions is at M – 12 Sai Ram Plaza 63 Mangal Nagar Road Vishnu Puri Colon, Y, Indore, Madhya Pradesh, India – 452001.
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