MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0069743
Spurrin Innovation Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2020
₹57.28 Lakh
▼ 11% YoY
Net loss · FY 2020
₹11.23 Lakh
Net margin -19.6%
EBITDA · FY 2020
-₹10.63 Lakh
EBITDA margin -18.6%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Directors on board
5
As per MCA filings
Active GSTINs
1
GST registered
About Spurrin Innovation Private Limited
Data last updated:
Spurrin Innovation Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 16 March 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2015PTC079286. Its GSTIN is 29AAVCS5673F1ZK (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Aboobakkar Siddeeque Cheriyaveed Ahammed and Jainulabid Othu Pallikkal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2020, the company reported a revenue of ₹57.28 Lakh, a decline of 11% compared to the previous year. For the same year it recorded a net loss of ₹11.23 Lakh (net margin -19.6%) and EBITDA of -₹10.63 Lakh (EBITDA margin -18.6%). Revenue has grown at a compounded annual rate (CAGR) of 86% over three years.
The company is associated with 2 brands: Spurrin and Hirearkhy.
Spurrin Innovation Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0069743). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spurrin.com.
Company details
CIN U72200KA2015PTC079286
Registration Number 079286
Incorporation Date 16 March 2015
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0069743
Key People
Aboobakkar Siddeeque Cheriyaveed Ahammed Director Jainulabid Othu Pallikkal Director Mohammed Nawaz Director Recognitions & Rankings of Spurrin Innovation
Contact details
Spurrin Innovation Private Limited's registered office is in Bangalore, Karnataka. Its website is spurrin.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.229 5th Cross, 18th Main Road 6th Block, Bangalore, Karnataka, India – 560095
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Spurrin Innovation Private Limited, buy the company report.
Comprehensive company report
Spurrin Innovation 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
Spurrin Innovation operates two associated brands: Spurrin and Hirearkhy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Software lab creating products in social, mobile, analytics, and cloud for businesses. | spurrin.com | |
| Operates an online platform to connect job seekers with employers. | hirearkhy.com |
Business activity
The main business activity of Spurrin Innovation is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Spurrin Innovation Private Limited, buy the company report.
Financials of Spurrin Innovation Private Limited
FY 2024 filings availableSpurrin Innovation Private Limited reported revenue of ₹57.28 Lakh (down 11% YoY) for FY 2020.
Revenue · FY 2020
₹57.28 Lakh ▼ 11%
Net loss · FY 2020
₹11.23 Lakh margin -19.6%
EBITDA · FY 2020
-₹10.63 Lakh margin -18.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 11%
3 years · compounded
▲ 86%
EBITDA CAGR growth
1 year
▼ 233%
3 years · compounded
▼ 17%
Revenue fell 11% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 86%. EBITDA fell 233% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹57.28 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹10.63 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹11.23 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -18.6% | ||||
| Net Profit Margin | -19.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| 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 Spurrin Innovation Private Limited, buy the company report.
Board of directors of Spurrin Innovation Private Limited
Spurrin Innovation has 5 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aboobakkar Siddeeque Cheriyaveed Ahammed | Director | 16 Mar 2015 | 11 Years 7 Months | Current |
| Jainulabid Othu Pallikkal | Director | 18 Apr 2025 | 1 Years 6 Months | Current |
| Mohammed Nawaz | Director | 30 May 2025 | 1 Years 5 Months | Current |
| Ravi Krishnan Nedumparambumana | Director | 16 Mar 2015 | 11 Years 7 Months | Current |
| Rishi Shoorik | Director | 30 May 2025 | 1 Years 5 Months | Current |
Shareholding
The shareholding of Spurrin Innovation Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Spurrin Innovation Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Spurrin Innovation 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 Spurrin Innovation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Spurrin Innovation has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAVCS5673F1ZK | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Spurrin Innovation Private Limited, buy the company report.
Recent activity
Spurrin Innovation Private Limited has 5 board changes on record since 2015: 5 appointments. The latest: Mohammed Nawaz was appointed as Director on 30 May 2025.
Appointed
Mohammed Nawaz was appointed as Director.
Appointed
Rishi Shoorik was appointed as Director.
Appointed
Jainulabid Othu Pallikkal was appointed as Director.
AGM
Spurrin Innovation Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Spurrin Innovation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Aboobakkar Siddeeque Cheriyaveed Ahammed was appointed as Director.
Appointed
Ravi Krishnan Nedumparambumana was appointed as Director.
Incorporation
16 Mar 2015
Spurrin Innovation Private Limited was registered on 16 Mar 2015 with Roc Bangalore & aged 11 years 8 months as per MCA records.
Frequently asked questions
Spurrin Innovation is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 16 March 2015 (11+ years old) and is registered under CIN U72200KA2015PTC079286.
Spurrin Innovation has 5 current directors:
- Aboobakkar Siddeeque Cheriyaveed Ahammed - Director
- Jainulabid Othu Pallikkal - Director
- Mohammed Nawaz - Director
- Ravi Krishnan Nedumparambumana - Director
- Rishi Shoorik - Director
The latest financial statements of Spurrin Innovation on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Spurrin Innovation is 29AAVCS5673F1ZK, registered in Karnataka.
The CIN (Corporate Identification Number) of Spurrin Innovation is U72200KA2015PTC079286. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spurrin Innovation was incorporated on 16 March 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Mohammed Nawaz was appointed as Director on 30 May 2025. Rishi Shoorik was appointed as Director on 30 May 2025. Jainulabid Othu Pallikkal was appointed as Director on 18 Apr 2025. Spurrin Innovation has 5 board changes on record in total.
Yes, Spurrin Innovation is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0069743).
Spurrin Innovation can be reached through the website spurrin.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Spurrin Innovation is at No.229 5th Cross, 18th Main Road 6th Block, Bangalore, Karnataka, India – 560095.
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