MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-HR-05-0029867
Spur Technologies Private Limited
Spur Technologies Private Limited - automotive in Gurugram, Haryana, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹25.56 Cr
▲ 97% YoY
Net loss · FY 2025
₹1.24 Cr
Net margin -4.9%
EBITDA · FY 2025
-₹61.08 Lakh
EBITDA margin -2.4%
Authorised capital
₹50 Cr
Registered with MCA
Paid-up capital
₹46.66 Cr
Issued & subscribed
Open charges
₹25.5 Cr
Secured borrowings
Company age
12 yrs
Est. 2014
Employees · EPFO
39
Provident fund records
About Spur Technologies Private Limited
Data last updated:
Spur Technologies Private Limited is a private limited company based in Gurugram, Haryana, India, a subsidiary of Hero Cycles Limited. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 24 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U35990HR2014PTC074086. Its GSTIN is 09AAHCP6699N1ZA (Uttar Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹46.66 Cr. It was formerly known as Plusdrive International Private Limited. It is led by directors including Amit Gupta and Abhishek Munjal.
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 2A – 1001 10th Floor Two Horizon Centre Sector – 43 DLF Phase – V, Gurugram, Haryana, India – 122002.
As per the financials filed for FY 2025, the company reported a revenue of ₹25.56 Cr, a growth of 97% compared to the previous year. For the same year it recorded a net loss of ₹1.24 Cr (net margin -4.9%) and EBITDA of -₹61.08 Lakh (EBITDA margin -2.4%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 2% over five years.
The company has about 39 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹25.5 Cr on record.
Spur Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-05-0029867). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U35990HR2014PTC074086
Registration Number 074086
Incorporation Date 24 March 2014
ROC Haryana
Listing Status Unlisted
Company Status Active
Parent Company Hero Cycles Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-HR-05-0029867
CIN history
Spur Technologies has one previous CIN (Corporate Identification Number): U35990DL2014PTC266813. The current CIN is U35990HR2014PTC074086, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U35990HR2014PTC074086 | Current |
| U35990DL2014PTC266813 | Previous |
Recognitions & Rankings of Spur Technologies
Contact details
Spur Technologies Private Limited's registered office is in Gurugram, Haryana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2A – 1001 10th Floor Two Horizon Centre Sector – 43 DLF Phase – V, Gurugram, Haryana, India – 122002
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Spur Technologies Private Limited, buy the company report.
Comprehensive company report
Spur Technologies 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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Secure checkout · GST invoice included
Business activity
The main business activity of Spur Technologies is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Spur Technologies Private Limited, buy the company report.
Financials of Spur Technologies Private Limited
FY 2025 filings availableSpur Technologies Private Limited reported revenue of ₹25.56 Cr (up 97% YoY) for FY 2025.
Revenue · FY 2025
₹25.56 Cr ▲ 97%
Net loss · FY 2025
₹1.24 Cr margin -4.9%
EBITDA · FY 2025
-₹61.08 Lakh margin -2.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 97%
3 years · compounded
▼ 1%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▲ 56%
3 years · compounded
▼ 32%
5 years · compounded
▼ 91%
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 97% growth in the latest year. EBITDA rose 56% 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 | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹61.08 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.24 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Long-term Borrowings | |||||
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| 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 | -2.4% | ||||
| Net Profit Margin | -4.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick 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 Spur Technologies Private Limited, buy the company report.
Board of directors of Spur Technologies Private Limited
Spur Technologies has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Gupta Also directs: Munjal STP Industries Private Limited, Hero Motors Limited, Hero Edu Systems Private Limited and 5 more | Director | 27 Apr 2016 | 10 Years 6 Months | Current |
| Abhishek Munjal Also directs: Munjal STP Industries Private Limited, Hero Motors Limited, Hero Edu Systems Private Limited and 5 more | Director | 11 Jul 2022 | 4 Years 4 Months | Current |
| Pawan Puri Also directs: Ut Bikes Private Limited, Auma F & B Concepts Private Limited | Director | 21 Oct 2015 | 11 Years 0 Months | Current |
| Ajay Sood Also directs: Munjal STP Industries Private Limited | Director | 31 Jul 2025 | 1 Years 3 Months | Current |
| Prem Narayan Chauhan | Director | 21 Mar 2025 | 1 Years 7 Months | Current |
Peer comparison
Spur Technologies Private Limited is compared with the 4 companies closest to it by revenue in the Automobiles industry (Cycles), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Spur Technologies Private Limitedthis company | ₹25.56 Cr (FY 2025) | -₹1.24 Cr | -4.9% | 97.0% | 39 | Gurugram, Haryana, India |
| Asian Bikes Private Limited | ₹24.7 Cr (FY 2024) | 8.0% | Ludhiana, Punjab, India | |||
| Ambika Wheels Private Limited | ₹23.98 Cr (FY 2025) | 1.0% | Ludhiana, Punjab, India | |||
| Bombay Metal Works Pvt Ltd | ₹23.88 Cr (FY 2025) | 9.0% | Punjab, India | |||
| Dhallson Cycles (India) Pvt Ltd | ₹23.39 Cr (FY 2024) | 35.0% | Ludhiana, Punjab, India |
To see the full peer comparison of Spur Technologies Private Limited, buy the company report.
Auditor
Spur Technologies Private Limited is audited by BD Bansal & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BD Bansal & Co. | FY 2023 | 000621N |
Shareholding
The shareholding of Spur Technologies 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 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Spur Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹25.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 May 2022 | 100576753 | Axis Bank Limited | ₹3 Cr | Open | |
| 04 May 2022 | 100576759 | Axis Bank Limited | ₹22.5 Cr | Open |
To see the full charge records of Spur Technologies Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Spur Technologies 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
Spur Technologies Private Limited has 8 MSME Form 1 returns on record between 2019 and 2023, listing 59 overdue payments to 13 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 13)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Nbeson Tools(India) | |||
| Super Finishers | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Spur Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Spur Technologies Private Limited has a workforce of 39 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
39
Active EPFO establishments
1
Employee growth
-17%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 39 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Spur Technologies Private Limited, buy the company report.
GST
Spur Technologies has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAHCP6699N1ZA | Uttar Pradesh | Active | 01 Jul 2017 |
| 03AAHCP6699N1ZM | Punjab | Active | 27 Aug 2020 |
To see the full GST registrations and return filing status of Spur Technologies Private Limited, buy the company report.
Recent activity
Spur Technologies Private Limited has 17 board changes on record since 2014: 11 appointments and 6 cessations. The latest: Ajay Sood was appointed as Director on 31 Jul 2025.
AGM
Spur Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Ajay Sood was appointed as Director.
Filing
Spur Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Haryana.
Appointed
Prem Narayan Chauhan was appointed as Director.
Charges
A charge with Axis Bank Limited of Rs. 3.00 Cr registered on 04 May 2022 with Charge ID 100576753 was modified on 18 Oct 2022.
Charges
A charge with Axis Bank Limited of Rs. 22.50 Cr registered on 04 May 2022 with Charge ID 100576759 was modified on 18 Oct 2022.
Appointed
Abhishek Munjal was appointed as Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 3.00 Cr with Charge ID 100576753 was registered on 04 May 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 22.50 Cr with Charge ID 100576759 was registered on 04 May 2022.
Appointed
Amit Gupta was appointed as Director.
Ceased
Sanjay Singh ceased to be Additional Director.
Ceased
Aditya Munjal ceased to be Director.
12 earlier events are in the company report.
Frequently asked questions
Spur Technologies is an active private limited company based in Gurugram, Haryana, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 24 March 2014 (12+ years old) and is registered under CIN U35990HR2014PTC074086.
Spur Technologies has 5 current directors:
- Amit Gupta - Director
- Abhishek Munjal - Director
- Pawan Puri - Director
- Ajay Sood - Director
- Prem Narayan Chauhan - Director
The latest financial statements of Spur Technologies 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 Spur Technologies is 09AAHCP6699N1ZA, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 03AAHCP6699N1ZM (Punjab).
The CIN (Corporate Identification Number) of Spur Technologies is U35990HR2014PTC074086. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spur Technologies was incorporated on 24 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Haryana.
The peers of Spur Technologies by revenue are Asian Bikes Private Limited, Ambika Wheels Private Limited, Bombay Metal Works Pvt Ltd, Dhallson Cycles (India) Pvt Ltd, all in the Automobiles industry (Cycles), with the same principal business activity (metal and metal products).
Ajay Sood was appointed as Director on 31 Jul 2025. Prem Narayan Chauhan was appointed as Director on 21 Mar 2025. Abhishek Munjal was appointed as Director on 11 Jul 2022. Spur Technologies has 17 board changes on record in total.
Yes, Spur Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-HR-05-0029867).
Spur Technologies has 8 MSME Form 1 returns on record between 2019 and 2023, listing 59 overdue payments to 13 micro and small suppliers. The latest return was filed on 03 Dec 2023.
The registered office of Spur Technologies is at 2A – 1001 10th Floor Two Horizon Centre Sector – 43 DLF Phase – V, Gurugram, Haryana, India – 122002.
Spur Technologies operates in the automotive industry, in the auto dealership and trading segment.
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