About Spykar Lifestyles Private Limited
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Spykar Lifestyles Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Metdist Industries Holdings Limited. It operates in the online apparel retail segment of the e-commerce sector. It was incorporated on 06 May 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U18101MH1998PTC114797. Its GSTIN is 27AAECS3455N1ZW (Maharashtra). The company holds 20 GST registrations, all of them active.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹19.51 Cr. It was formerly known as Span Apparels Private Limited. It is led by directors including Sanjay Navin Vakharia (Whole-Time Director) and Prasad Ghanshyam Desai.
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 19th Floor F Wing Lotus Corporate Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹621.81 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹7.51 Cr (net margin 1.2%) and EBITDA of ₹50.29 Cr (EBITDA margin 8.1%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 10% over five years.
The company has about 263 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Span Fashion and Spykar. As per MCA filings, the company has open charges of ₹435.42 Cr and satisfied charges of ₹372.65 Cr on record. Court records list 59 cases involving the company, including 41 filed by the company and 18 filed against it; 17 cases are pending. The company has 12 deals on record (7 secondary share transfers, 5 funding rounds), with disclosed funding of ₹78.43 Cr; the latest was in April 2023. The company has 3 MSME Form 1 returns on record between 2020 and 2023, listing 47 overdue payments to 30 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spykar.com.
Company details
Contact details
Spykar Lifestyles Private Limited's registered office is in Mumbai, Maharashtra. Its website is spykar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address19th Floor F Wing Lotus Corporate Park Jay Coach Junction Off Western Express Highway Gor, Egaon East, Mumbai, Maharashtra, India – 400063
- IndustryE-Commerce, Online Apparel Retail
To see the full contact details of Spykar Lifestyles 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
Brands
Spykar Lifestyles operates two associated brands: Span Fashion and Spykar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| An Indian ethnic wear brand offering a diverse range of traditional outfits through an online platform. | spanfashions.com | |
| Spykar is engaged in selling casual clothing and denim wear. | spykar.com |
Business activity
The main business activities of Spykar Lifestyles are manufacturing and trade. In detail, this covers textile, leather and other apparel products, wholesale trading and retail trading. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | |
| G | Trade | G1 | Wholesale Trading | |
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Spykar Lifestyles Private Limited, buy the company report.
Financials of Spykar Lifestyles Private Limited
FY 2025 filings availableSpykar Lifestyles Private Limited reported revenue of ₹621.81 Cr (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 3% growth in the latest year. EBITDA rose 24% 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 |
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| EBITDA | ₹50.29 Cr | ||||
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| Net Profit (PAT) | ₹7.51 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 8.1% | ||||
| Net Profit Margin | 1.2% | ||||
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To see the full financial statements and ratios of Spykar Lifestyles Private Limited, buy the company report.
Board of directors of Spykar Lifestyles Private Limited
Spykar Lifestyles has 5 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prasad Ghanshyam Desai | Director | 23 Apr 2014 | 12 Years 6 Months | Current |
| Uday Singh Singhi Also directs: Tvam Technologies Private Limited | Director | 26 Jun 2014 | 12 Years 4 Months | Current |
| Rajan Mittal Also directs: Andromeda Sales and Distribution Private Limited, Mettube Copper India Private Limited, Metrod Metals Private Limited and 5 more | Director | 26 Jun 2014 | 12 Years 4 Months | Current |
| Sanjay Navin Vakharia | Whole-Time Director | 27 Mar 2006 | 20 Years 7 Months | Current |
| Jayanta Kumar Sinha | Director | 15 Mar 2017 | 9 Years 7 Months | Current |
Auditor
Spykar Lifestyles Private Limited is audited by B S R and Co LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R and Co LLP | FY 2025 | 101248W / W-100022 |
Shareholding
The shareholding of Spykar Lifestyles Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Spykar Lifestyles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2025 | 101188582 | Axis Bank Limited | ₹40 Cr | Open | |
| 27 Mar 2023 | 100707066 | Others | ₹48 Cr | Open | |
| 03 Jun 2022 | 100586321 | Yes Bank Limited | ₹8.81 Cr | Open | |
| 28 Dec 2021 | 100524230 | Yes Bank Limited | ₹8.81 Cr | Open | |
| 30 Jul 2018 | 100220022 | Yes Bank Limited | ₹82.4 Cr | Open |
To see the full charge records of Spykar Lifestyles Private Limited, buy the company report.
Total charge records: 31 View all charges
Deals & funding
Spykar Lifestyles Private Limited has 12 deals on record (7 secondary share transfers, 5 funding rounds), with disclosed funding of ₹78.43 Cr; the latest was in April 2023.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Metdist Industries Holdings Limited Seller: an individual |
| Jan 2015 | Funding round | ₹12 Cr | Investors: Metdist Industries Holdings Limited |
| Jul 2011 | Funding round | ₹30 Cr | Investors: an individual |
| Mar 2007 | Secondary share transfer | Undisclosed | Buyer: Gannayak Securities Private Limited , Poonam Investments and Financial Consultants Limited Seller: an individual |
To see the full deal history of Spykar Lifestyles Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Spykar Lifestyles Private Limited has 59 court cases on record: 41 filed by Spykar Lifestyles, 18 filed against it. 17 cases are pending and 42 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 38 | 11 | 13 |
| High courts | 21 | 7 | 4 |
Cases on record (5 of 59)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against CJ Enterprises (India) Private Limited and 2 others | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed by the company against Eon Retails LLP | Pending |
| High Court, TELANGANA | Revision petition | Filed against the company by M/S Platinum Avenues Pvt Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against Rubix Enterprises Pvt. Ltd. and 2 others | Disposed |
| District court, Central, Delhi | Civil suit | Filed against the company by Gold Square Sales India Pvt Ltd | Disposed |
To see the full case history of Spykar Lifestyles 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.
Credit ratings & regulatory alerts
Spykar Lifestyles Private Limited was last rated by Care on 09 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 09 Mar 2022 |
To see the full credit ratings and regulatory alerts of Spykar Lifestyles Private Limited, buy the company report.
MSME payment delays
Spykar Lifestyles Private Limited has 3 MSME Form 1 returns on record between 2020 and 2023, listing 47 overdue payments to 30 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 30)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Shraddha Synthetics Private Limited |
To see the full MSME payment records of Spykar Lifestyles Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Spykar Lifestyles Private Limited has a workforce of 263 employees on its EPFO records as of Jan 29, 2026, across 1 active EPFO establishment.
GST
Spykar Lifestyles has 20 GST registrations: 20 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECS3455N1ZW | Maharashtra | Active | 01 Jul 2017 |
| 27AAECS3455N2ZV | Maharashtra | Active | 23 Apr 2024 |
| 07AAECS3455N1ZY | Delhi | Active | 01 Jul 2017 |
| 03AAECS3455N1Z6 | Punjab | Active | 08 Jul 2017 |
To see the full GST registrations and return filing status of Spykar Lifestyles Private Limited, buy the company report.
Recent activity
Spykar Lifestyles Private Limited has 19 board changes on record since 2006: 5 appointments and 14 cessations. The latest: Jayanta Kumar Sinha ceased to be Additional Director on 23 Jun 2017.
76 earlier events are in the company report.
News
Frequently asked questions
Spykar Lifestyles is an active private limited company based in Mumbai, Maharashtra, India. The company works in online apparel retail, within the e-commerce industry. It was incorporated on 06 May 1998 (28+ years old) and is registered under CIN U18101MH1998PTC114797.
Spykar Lifestyles has 5 current directors:
- Sanjay Navin Vakharia - Whole-Time Director
- Prasad Ghanshyam Desai - Director
- Uday Singh Singhi - Director
- Rajan Mittal - Director
- Jayanta Kumar Sinha - Director
The latest financial statements of Spykar Lifestyles 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 Spykar Lifestyles is 27AAECS3455N1ZW, registered in Maharashtra. The company has 20 GST registrations in all, of which 20 are active. Other active GSTINs include 27AAECS3455N2ZV (Maharashtra), 07AAECS3455N1ZY (Delhi), 03AAECS3455N1Z6 (Punjab).
The CIN (Corporate Identification Number) of Spykar Lifestyles is U18101MH1998PTC114797. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spykar Lifestyles has 59 court cases on record: 41 filed by the company and 18 filed against it. 17 are pending. Most are in the district courts.
Spykar Lifestyles was incorporated on 06 May 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
Spykar Lifestyles has 12 deals on record (7 secondary share transfers, 5 funding rounds), with disclosed funding of ₹78.43 Cr; the latest was in April 2023.
Jayanta Kumar Sinha ceased to be Additional Director on 23 Jun 2017. Jayanta Kumar Sinha was appointed as Director on 15 Mar 2017. Subrata Kumar Atindra Mitra ceased to be Director on 31 Dec 2016. Spykar Lifestyles has 19 board changes on record in total.
Spykar Lifestyles has 3 MSME Form 1 returns on record between 2020 and 2023, listing 47 overdue payments to 30 micro and small suppliers. The latest return was filed on 06 Nov 2023.
Spykar Lifestyles can be reached through the website spykar.com. Its registered office is in Mumbai, Maharashtra, India.
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