Spurs and Threads Solutions Private Limited

Spurs and Threads Solutions Private Limited - engineering in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U52520KA2016PTC097663 Incorporated 08 November 2016 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company engineering
Data last updated
Revenue · FY 2024
₹58.49 Cr
▲ 171% YoY
Net profit · FY 2024
₹2.25 Cr
Net margin 3.8%
EBITDA · FY 2024
₹3.14 Cr
EBITDA margin 5.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹4.5 Lakh
Issued & subscribed
Open charges
₹2.3 Cr
Satisfied ₹1.5 Cr
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings

About Spurs and Threads Solutions Private Limited

Data last updated:

Spurs and Threads Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the engineering components retail and distribution segment of the engineering sector. It was incorporated on 08 November 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U52520KA2016PTC097663. Its GSTIN is 29AAXCS7529J1ZA (Karnataka).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4.5 Lakh. It is led by directors Anita Dhurka and Pavan Kumar Dhurka.

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 B201 Mantri Serenity Doddakalasandra Kanakapura Road, Bangalore, Karnataka, India – 560062.

As per the financials filed for FY 2024, the company reported a revenue of ₹58.49 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.25 Cr (net margin 3.8%) and EBITDA of ₹3.14 Cr (EBITDA margin 5.4%). Revenue has grown at a compounded annual rate (CAGR) of 90% over three years and 45% over five years.

As per MCA filings, the company has open charges of ₹2.3 Cr and satisfied charges of ₹1.5 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 1 case is pending.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spursandthreads.com.

Company Details of Spurs and Threads Solutions Private Limited
CIN U52520KA2016PTC097663
Registration Number 097663
Incorporation Date 08 November 2016
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    B201 Mantri Serenity Doddakalasandra Kanakapura Road, Bangalore, Karnataka, India – 560062
  • Industry
    Engineering, Engineering Components Retail & Distribution
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Financials, compliance, directors, charges, ownership and filings for Spurs and Threads Solutions Private Limited in one report.

Financials from FY 2017 Directors & ownership Charges & compliance

Business Activity of Spurs and Threads Solutions Private Limited

The main business activity of Spurs and Threads Solutions is trade. In detail, this covers wholesale trading.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
GTradeG1Wholesale TradingLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Spurs and Threads Solutions Private Limited FY 2025 filings available

Spurs and Threads Solutions Private Limited reported revenue of ₹58.49 Cr (up 171% YoY) for FY 2024.

Revenue · FY 2024
₹58.49 Cr ▲ 171%
Net profit · FY 2024
₹2.25 Cr margin 3.8%
EBITDA · FY 2024
₹3.14 Cr margin 5.4%

Compounded Annual Growth Rate (CAGR) of Spurs and Threads Solutions Private Limited

Revenue CAGR growth
1 year
▲ 171%
3 years · compounded
▲ 90%
5 years · compounded
▲ 45%
EBITDA CAGR growth
1 year
▲ 165%
3 years · compounded
▲ 104%
5 years · compounded
▲ 67%

Revenue has grown at a compounded annual rate (CAGR) of 45% over five years, including 171% growth in the latest year. EBITDA rose 165% 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 of Spurs and Threads Solutions Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹3.14 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹2.25 Cr••••••••••••••••
Balance Sheet
Share Capital••••••••••••••••••••
Reserves and Surplus••••••••••••••••••••
Net Worth (Total Equity)••••••••••••••••••••
Long-term Borrowings••••••••••••••••••••
Short-term Borrowings••••••••••••••••••••
Trade Payables••••••••••••••••••••
Total Liabilities••••••••••••••••••••
Fixed Assets••••••••••••••••••••
Investments••••••••••••••••••••
Inventories••••••••••••••••••••
Trade Receivables••••••••••••••••••••
Cash and Bank Balance••••••••••••••••••••
Total Assets••••••••••••••••••••

Financial Ratios of Spurs and Threads Solutions Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin5.4%••••••••••••••••
Net Profit Margin3.8%••••••••••••••••
Return on Equity (ROE)••••••••••••••••••••
Return on Capital Employed (ROCE)••••••••••••••••••••
Return on Assets (ROA)••••••••••••••••••••
Liquidity and Debt
Current Ratio••••••••••••••••••••
Quick Ratio••••••••••••••••••••
Debt-to-Equity Ratio••••••••••••••••••••
Interest Coverage Ratio••••••••••••••••••••
Efficiency and Growth
Asset Turnover••••••••••••••••••••
Receivable Days••••••••••••••••••••
Payable Days••••••••••••••••••••
Inventory Days••••••••••••••••••••
Revenue Growth••••••••••••••••••••
Net Profit Growth••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Spurs and Threads Solutions are in the company report.

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Financial statements from FY 2017

Earlier years and trend charts are in the company report.

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Peer Comparison of Spurs and Threads Solutions Private Limited

Spurs and Threads Solutions Private Limited is compared with the companies closest to it by revenue in the Engineering industry (Components Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Hoffmann Quality Tools India Private Limited₹61.2 Cr (FY 2025)••••••••17.0%••••Pune, Maharashtra, India
Ceco Hirun India Private Limited₹61.12 Cr (FY 2025)••••••••1661.0%••••Meerut, Uttar Pradesh, India
Prime Progression Global Commerce Private Limited₹61.09 Cr (FY 2025)••••••••29.0%••••Bangalore, Karnataka, India
Saps Power Equipments Private Limited₹60.2 Cr (FY 2024)••••••••48.0%••••Kolkata, West Bengal, India
Yoe Yoe Electronics India Private Limited₹58.77 Cr (FY 2025)••••••••-58.0%••••Kanchipuram, Tamil Nadu, India
Spurs and Threads Solutions Private Limited this company₹58.49 Cr (FY 2024)••••••••171.0%••••Bangalore, Karnataka, India
Comet Cables Private Limited₹58.1 Cr (FY 2025)••••••••24.0%••••Mumbai, Maharashtra, India
Brueckner Group India Private Limited₹58.03 Cr (FY 2025)••••••••20.0%••••Thane, Maharashtra, India
Shekhar Hardware Traders Private Limited₹56.98 Cr (FY 2025)••••••••-2.0%••••Navi Mumbai, Maharashtra, India
Divs Power Tools Private Limited₹55.26 Cr (FY 2025)••••••••19.0%••••Delhi, India
Six O Tu Investments and Traders Private Limited₹54.56 Cr (FY 2024)••••••••38.0%••••Mumbai, Maharashtra, India

Peers are the five companies nearest above and the five nearest below Spurs and Threads Solutions by revenue in the Engineering industry (Components Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Spurs and Threads Solutions Private Limited

Spurs and Threads Solutions Private Limited is audited by Raj Malaya & Associates for the financial year 2023.

NameStatusAppointment DateCessation Date
Raj Malaya & AssociatesLockedLockedLocked
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Board of Directors of Spurs and Threads Solutions Private Limited

Spurs and Threads Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Anita DhurkaDirector02 Jan 20179 Years 9 MonthsCurrent
Pavan Kumar DhurkaDirector02 Jan 20179 Years 9 MonthsCurrent

Ownership and Shareholding of Spurs and Threads Solutions Private Limited

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Charges & Borrowings of Spurs and Threads Solutions Private Limited

Open charges
₹2.3 Cr
Satisfied charges
₹1.5 Cr
Breakdown by lending institutions
Others₹2.30 Cr
Latest charge details
DateLenderAmountStatus
30 Sep 2020Others₹2.3 CrOpen
17 Nov 2017Tata Capital Financial Services Limited₹1.5 CrSatisfied

Total charge records: 2 View all charges

Employees and EPFO Compliance at Spurs and Threads Solutions Private Limited

Employment history and EPFO contributions of people linked to Spurs and Threads Solutions.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Spurs and Threads Solutions Private Limited

Spurs and Threads Solutions Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Manoj Kumar Mahendra Kumar Rajgaria ceased to be Director on 17 Aug 2020.

AGM
Spurs And Threads Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Spurs And Threads Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others of Rs. 230.00 Lakh registered on 30 Sep 2020 with Charge ID 100376696 was modified on 28 Dec 2023.
Charges
A charge registered on 17 Nov 2017 via Charge ID 100138599 with Tata Capital Financial Services Limited was fully satisfied on 23 Oct 2020.
Charges
A charge with Others amounted to Rs. 230.00 Lakh with Charge ID 100376696 was registered on 30 Sep 2020.
Ceased
Manoj Kumar Mahendra Kumar Rajgaria ceased to be Director.
Ceased
Sushma Rajgaria ceased to be Director.
Charges
A charge with Tata Capital Financial Services Limited of Rs. 150.00 Lakh registered on 17 Nov 2017 with Charge ID 100138599 was modified on 09 Oct 2018.
Charges
A charge with Tata Capital Financial Services Limited amounted to Rs. 150.00 Lakh with Charge ID 100138599 was registered on 17 Nov 2017.
Appointed
Anita Dhurka was appointed as Director.
Appointed
Pavan Kumar Dhurka was appointed as Director.
Incorporation
08 Nov 2016
Spurs And Threads Solutions Private Limited was registered on 08 Nov 2016 with Roc Bangalore & aged 9 years 11 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Spurs and Threads Solutions Private Limited

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MSME Payment Delays by Spurs and Threads Solutions Private Limited

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Subsidiaries & Group Companies of Spurs and Threads Solutions Private Limited

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GST Compliance of Spurs and Threads Solutions Private Limited

Spurs and Threads Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAXCS7529J1ZAKarnatakaActive01 Jul 2017
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MCA Filings & Documents of Spurs and Threads Solutions Private Limited

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Frequently Asked Questions about Spurs and Threads Solutions Private Limited

Spurs and Threads Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in engineering components retail and distribution, within the engineering industry. It was incorporated on 08 November 2016 (10+ years old) and is registered under CIN U52520KA2016PTC097663.

Spurs and Threads Solutions reported revenue of ₹58.49 Cr for FY 2024 (up 171% YoY).

Spurs and Threads Solutions has 2 current directors:

Spurs and Threads Solutions reported a net profit of ₹2.25 Cr (net margin 3.8%) and EBITDA of ₹3.14 Cr (EBITDA margin 5.4%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Spurs and Threads Solutions is 90% over three years and 45% over five years. In the latest year (FY 2024) revenue rose 171%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Spurs and Threads Solutions is 29AAXCS7529J1ZA, registered in Karnataka.

The CIN (Corporate Identification Number) of Spurs and Threads Solutions is U52520KA2016PTC097663. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Spurs and Threads Solutions has 3 court cases on record: 2 filed by the company and 1 filed against it. 1 is pending.

Spurs and Threads Solutions was incorporated on 08 November 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Spurs and Threads Solutions by revenue are Hoffmann Quality Tools India Private Limited, Ceco Hirun India Private Limited, Prime Progression Global Commerce Private Limited, Saps Power Equipments Private Limited, Yoe Yoe Electronics India Private Limited and 5 more, all in the Engineering industry (Components Retail and Distribution).

Manoj Kumar Mahendra Kumar Rajgaria ceased to be Director on 17 Aug 2020. Sushma Rajgaria ceased to be Director on 02 Jun 2020. Anita Dhurka was appointed as Director on 02 Jan 2017. Spurs and Threads Solutions has 4 board changes on record in total.

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