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About SPX Flow Technology (India) Private Limited
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SPX Flow Technology (India) Private Limited is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Ballantyne Holding Mauritius Ltd. It operates in the industrial pumps and fluid systems segment of the machinery and industrial equipment sector. It was incorporated on 02 April 1980 and has been in existence for over 46 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51900GJ1980PTC050281. Its GSTIN is 24AAACS7234B1ZU (Gujarat). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹3.68 Cr and a paid-up capital of ₹67.1 Lakh. It was formerly known as Johnson Pump (India) Limited and Assotex Trading & Investment Private Limited. It is led by directors including Rajendra Gadadhar Karandikar and Jaime Manson Easley.
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 Survey No. 275 Odhav Road Odhav, Ahmedabad, Gujarat, India – 382415.
As per the financials filed for FY 2025, the company reported a revenue of ₹564.28 Cr. For the same year it recorded a net profit of ₹70.52 Cr (net margin 12.5%) and EBITDA of ₹83.7 Cr (EBITDA margin 14.8%).
The company has about 444 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹100.58 Cr and satisfied charges of ₹20.72 Cr on record. Court records list 7 cases involving the company, including 5 filed by the company and 3 filed against it; 2 cases are pending. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹31.3 Cr; the latest was in October 2015.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spxflow.com.
Company details
Name history
SPX Flow Technology (India) has undergone 3 name changes throughout its history. The company was previously known as Johnson Pump (India) Limited, Assotex Trading & Investment Private Limited, and Johnson Pump (India) Private Limited. The current legal name is Spx Flow Technology (India) Private Limited.
| Company Name | Status |
|---|---|
| SPX Flow Technology (India) Private Limited | Current |
| Johnson Pump (India) Limited | Previous |
| Assotex Trading & Investment Private Limited | Previous |
| Johnson Pump (India) Private Limited | Previous |
CIN history
SPX Flow Technology (India) has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U51900GJ1980PTC050281, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51900GJ1980PTC050281 | Current |
| L51900GJ1980PLC050281 | Previous |
| U51900GJ1980PLC050281 | Previous |
Contact details
SPX Flow Technology (India) Private Limited's registered office is in Ahmedabad, Gujarat. Its website is spxflow.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSurvey No. 275 Odhav Road Odhav, Ahmedabad, Gujarat, India – 382415
- IndustryMachinery and Equipment, Industrial Pumps & Fluid Systems, Industrial Control Valves & Systems
To see the full contact details of SPX Flow Technology (India) Private Limited, buy the company report.
- 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
Business activity
The main business activities of SPX Flow Technology (India) are manufacturing and professional, scientific and technical. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of SPX Flow Technology (India) Private Limited, buy the company report.
Financials of SPX Flow Technology (India) Private Limited
FY 2025 filings availableSPX Flow Technology (India) Private Limited reported revenue of ₹564.28 Cr for FY 2025.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹83.7 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹70.52 Cr | ||||
| Balance Sheet | |||||
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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 | 14.8% | ||||
| Net Profit Margin | 12.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of SPX Flow Technology (India) Private Limited, buy the company report.
Board of directors of SPX Flow Technology (India) Private Limited
SPX Flow Technology (India) has 3 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajendra Gadadhar Karandikar | Director | 27 Sep 2011 | 15 Years 1 Months | Current |
| Jaime Manson Easley | Director | 11 Sep 2019 | 7 Years 2 Months | Current |
| Peter James Ryan | Director | 11 Sep 2019 | 7 Years 2 Months | Current |
Auditor
SPX Flow Technology (India) Private Limited is audited by M S K A & ASSOCIATES for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S K A & ASSOCIATES | FY 2025 | 105047W |
Shareholding
The shareholding of SPX Flow Technology (India) Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of SPX Flow Technology (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jan 2023 | 100685589 | Others | ₹70 Cr | Open | |
| 01 Oct 2010 | 10245326 | Citi Bank N.A. | ₹30 Cr | Open | |
| 20 Jul 2000 | 90048021 | Icici Ltd | ₹58 Lakh | Open | |
| 23 Jan 2015 | 10561395 | Citi Bank N.A. | ₹2 Cr | Satisfied | |
| 09 Jul 2010 | 10228107 | Citibank N.A | ₹11.04 Cr | Satisfied |
To see the full charge records of SPX Flow Technology (India) Private Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
SPX Flow Technology (India) Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹31.3 Cr; the latest was in October 2015.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2015 | Secondary share transfer | Undisclosed | Buyer: Ballantyne Holding Mauritius Ltd Seller: an individual |
| Dec 2014 | Funding round | ₹31.3 Cr | Investors: an individual |
| Jan 2009 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Pramol Traders Holdings Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
SPX Flow Technology (India) Private Limited has 7 court cases on record: 5 filed by SPX Flow Technology (India), 3 filed against it. 2 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 1 | 1 |
| District courts | 2 | 1 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Special civil application | Filed against the company by SPX Flow Technology (India) Pvt. Ltd. | Pending |
| High Court of Gujarat | Special civil application | Filed by the company against SPX Flow Technology(India) Pvt. Ltd., Employees Union | Pending |
| District court, Ahmedabad, Gujarat | Court case (REFERENCE D LC) | Filed by the company against S.P.X Flow Technology(India) Pvt.Ltd.Employees Union | Pending |
| High Court of Gujarat | Special civil application | Filed by the company against State of Gujarat | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against State of Gujarat and 1 other | Disposed |
To see the full case history of SPX Flow Technology (India) Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for SPX Flow Technology (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
SPX Flow Technology (India) Private Limited has a workforce of 444 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 444 |
| 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 SPX Flow Technology (India) Private Limited, buy the company report.
GST
SPX Flow Technology (India) has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACS7234B1ZU | Gujarat | Active | 01 Jul 2017 |
| 08AAACS7234B1ZO | Rajasthan | Active | 01 Jul 2017 |
| 27AAACS7234B1ZO | Maharashtra | Active | 01 Jul 2017 |
| 29AAACS7234B1ZK | Karnataka | Active | 10 Aug 2017 |
To see the full GST registrations and return filing status of SPX Flow Technology (India) Private Limited, buy the company report.
Recent activity
SPX Flow Technology (India) Private Limited has 21 board changes on record since 2008: 3 appointments and 18 cessations. The latest: Jaime Manson Easley ceased to be Additional Director on 30 Sep 2019.
39 earlier events are in the company report.
Frequently asked questions
SPX Flow Technology (India) is an active private limited company based in Ahmedabad, Gujarat, India. The company works in industrial pumps and fluid systems, within the machinery and equipment industry. It was incorporated on 02 April 1980 (46+ years old) and is registered under CIN U51900GJ1980PTC050281.
SPX Flow Technology (India) has 3 current directors:
- Rajendra Gadadhar Karandikar - Director
- Jaime Manson Easley - Director
- Peter James Ryan - Director
The latest financial statements of SPX Flow Technology (India) 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 SPX Flow Technology (India) is 24AAACS7234B1ZU, registered in Gujarat. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 08AAACS7234B1ZO (Rajasthan), 27AAACS7234B1ZO (Maharashtra), 29AAACS7234B1ZK (Karnataka).
The CIN (Corporate Identification Number) of SPX Flow Technology (India) is U51900GJ1980PTC050281. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SPX Flow Technology (India) has 7 court cases on record: 5 filed by the company and 3 filed against it. 2 are pending. Most are in the high courts.
SPX Flow Technology (India) was incorporated on 02 April 1980, making it 46+ years old. It is registered with the Registrar of Companies, Ahmedabad.
SPX Flow Technology (India) has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹31.3 Cr; the latest was in October 2015.
Jaime Manson Easley ceased to be Additional Director on 30 Sep 2019. Peter James Ryan ceased to be Additional Director on 30 Sep 2019. Jaime Manson Easley was appointed as Director on 11 Sep 2019. SPX Flow Technology (India) has 21 board changes on record in total.
SPX Flow Technology (India) can be reached through the website spxflow.com. Its registered office is in Ahmedabad, Gujarat, India.
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