MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0152914
SSPM Systems & Engineers Private Limited - machinery and equipment in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹12.92 Cr
▼ 25% YoY
Net profit · FY 2024
₹20.44 Lakh
Net margin 1.6%
EBITDA · FY 2024
₹97.8 Lakh
EBITDA margin 7.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹4.7 Cr
Satisfied ₹9.4 Cr
Company age
4 yrs
Est. 2022
Employees · EPFO
64
Provident fund records
About SSPM Systems & Engineers Private Limited
Data last updated:
SSPM Systems & Engineers Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the packaging machinery and equipment segment of the machinery and industrial equipment sector. It was incorporated on 17 March 2022.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29190GJ2022PTC130162. Its GSTIN is 24ABICS0706K1ZE (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Jignesh Jagdishchandra Shah and Sonal Jignesh Shah.
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 175 /176 /177/ 178 Phase II GIDC Estate Vatva, Ahmedabad, Gujarat, India – 382445.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.92 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹20.44 Lakh (net margin 1.6%) and EBITDA of ₹97.8 Lakh (EBITDA margin 7.6%).
The company has about 64 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.7 Cr and satisfied charges of ₹9.4 Cr on record.
SSPM Systems & Engineers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0152914). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sspm.com.
Company Details of SSPM Systems & Engineers Private Limited
CIN U29190GJ2022PTC130162
Registration Number 130162
Incorporation Date 17 March 2022
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0152914
Key People
Jignesh Jagdishchandra Shah Director Sonal Jignesh Shah Director Zeel Jigneshbhai Shah Director Recognitions & Rankings of SSPM Systems & Engineers
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address175 /176 /177/ 178 Phase II GIDC Estate Vatva, Ahmedabad, Gujarat, India – 382445
- IndustryMachinery and Equipment, Packaging Machinery & Equipment
Comprehensive company report
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Business Activity of SSPM Systems & Engineers Private Limited
The main business activity of SSPM Systems & Engineers is manufacturing. In detail, this covers manufacture of electrical equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 27 | Manufacture of electrical equipment | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of SSPM Systems & Engineers Private Limited FY 2025 filings available
SSPM Systems & Engineers Private Limited reported revenue of ₹12.92 Cr (down 25% YoY) for FY 2024.
Revenue · FY 2024
₹12.92 Cr ▼ 25%
Net profit · FY 2024
₹20.44 Lakh margin 1.6%
EBITDA · FY 2024
₹97.8 Lakh margin 7.6%
Compounded Annual Growth Rate (CAGR) of SSPM Systems & Engineers Private Limited
Revenue CAGR growth
1 year
▼ 25%
EBITDA CAGR growth
1 year
▼ 2%
Revenue fell 25% in the latest year. EBITDA fell 2% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of SSPM Systems & Engineers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | ₹97.8 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹20.44 Lakh | •••• | •••• |
| 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 SSPM Systems & Engineers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 7.6% | •••• | •••• |
| Net Profit Margin | 1.6% | •••• | •••• |
| 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 SSPM Systems & Engineers are in the company report.
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Financial statements from FY 2022
Earlier years and trend charts are in the company report.
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Board of Directors of SSPM Systems & Engineers Private Limited
SSPM Systems & Engineers has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jignesh Jagdishchandra Shah | Director | 17 Mar 2022 | 4 Years 7 Months | Current |
| Sonal Jignesh Shah | Director | 15 Apr 2024 | 2 Years 6 Months | Current |
| Zeel Jigneshbhai Shah | Director | 30 Sep 2023 | 3 Years 0 Months | Current |
| Dhwani Jignesh Bhai Shah | Director | 30 Sep 2023 | 3 Years 0 Months | Current |
Peer Comparison of SSPM Systems & Engineers Private Limited
SSPM Systems & Engineers Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lotus Stampings Private Limited | ₹12.97 Cr (FY 2024) | •••• | •••• | -24.0% | •••• | Faridabad, Haryana, India |
| United Global Engineering Solutions Private Limited | ₹12.96 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Hyderabad, Telangana, India |
| Royal Tradelinks Private Limited | ₹12.96 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | New Delhi, Delhi, India |
| Sahay Racks Private Limited | ₹12.95 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Thoothukudi, Tamil Nadu, India |
| Guindy Machine Tools Limited | ₹12.95 Cr (FY 2025) | •••• | •••• | -69.0% | •••• | Pallikaranai Chennai, Tamil Nadu, India |
| SSPM Systems & Engineers Private Limited this company | ₹12.92 Cr (FY 2024) | •••• | •••• | -25.0% | •••• | Ahmedabad, Gujarat, India |
| VTR Infotech Private Limited | ₹12.92 Cr (FY 2025) | •••• | •••• | 85.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Teignbridge Propellers India Private Limited | ₹12.92 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Vadodara, Gujarat, India |
| Forge India Pvt Ltd | ₹12.92 Cr (FY 2025) | •••• | •••• | -52.0% | •••• | Parwanoo, Himachal Pradesh, India |
| BKM Filters India Private Limited | ₹12.92 Cr (FY 2024) | •••• | •••• | -7.0% | •••• | Bangalore, Karnataka, India |
| Oasis WFS Private Limited | ₹12.91 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below SSPM Systems & Engineers by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), 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 SSPM Systems & Engineers Private Limited
SSPM Systems & Engineers Private Limited is audited by Ashish Sheth & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Ashish Sheth & Associates | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of SSPM Systems & Engineers Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of SSPM Systems & Engineers Private Limited
Open charges
₹4.7 Cr
Satisfied charges
₹9.4 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Nov 2024 | Others | ₹4.7 Cr | Open |
| 29 Jun 2022 | Others | ₹4.7 Cr | Satisfied |
| 29 Jun 2022 | Others | ₹4.7 Cr | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at SSPM Systems & Engineers Private Limited
SSPM Systems & Engineers Private Limited has a workforce of 64 employees as of Apr 03, 2024.
Employee count
64
Active EPFO establishments
2
Employee growth
-5.88%
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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 SSPM Systems & Engineers Private Limited
SSPM Systems & Engineers Private Limited has 8 board changes on record since 2022: 6 appointments and 2 cessations. The latest: Sonal Jignesh Shah was appointed as Director on 15 Apr 2024.
AGM
Sspm Systems & Engineers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 470.00 Lakh registered on 06 Nov 2024 with Charge ID 101017370 was modified on 27 Jun 2025.
Filing
Sspm Systems & Engineers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 470.00 Lakh with Charge ID 101017370 was registered on 06 Nov 2024.
Charges
A charge registered on 29 Jun 2022 via Charge ID 100589463 with Others was fully satisfied on 04 Nov 2024.
Charges
A charge registered on 29 Jun 2022 via Charge ID 100589458 with Others was fully satisfied on 04 Nov 2024.
Appointed
Sonal Jignesh Shah was appointed as Director.
Ceased
Amishi Shah ceased to be Director.
Ceased
Dhaval Vinodchandra Shah ceased to be Director.
Appointed
Dhwani Jignesh Bhai Shah was appointed as Director.
Appointed
Zeel Jigneshbhai Shah was appointed as Director.
Charges
A charge with Others of Rs. 470.00 Lakh registered on 29 Jun 2022 with Charge ID 100589458 was modified on 07 Mar 2023.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for SSPM Systems & Engineers Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by SSPM Systems & Engineers Private Limited
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Subsidiaries & Group Companies of SSPM Systems & Engineers Private Limited
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Corporate group structure
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GST Compliance of SSPM Systems & Engineers Private Limited
SSPM Systems & Engineers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24ABICS0706K1ZE | Gujarat | Active | 25 Mar 2022 |
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MCA Filings & Documents of SSPM Systems & Engineers Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about SSPM Systems & Engineers Private Limited
SSPM Systems & Engineers is an active private limited company based in Ahmedabad, Gujarat, India. The company works in packaging machinery and equipment, within the machinery and equipment industry. It was incorporated on 17 March 2022 (4+ years old) and is registered under CIN U29190GJ2022PTC130162.
SSPM Systems & Engineers reported revenue of ₹12.92 Cr for FY 2024 (down 25% YoY).
SSPM Systems & Engineers has 4 current directors:
- Jignesh Jagdishchandra Shah - Director
- Sonal Jignesh Shah - Director
- Zeel Jigneshbhai Shah - Director
- Dhwani Jignesh Bhai Shah - Director
SSPM Systems & Engineers reported a net profit of ₹20.44 Lakh (net margin 1.6%) and EBITDA of ₹97.8 Lakh (EBITDA margin 7.6%) for FY 2024, as per its filed financial statements.
The GSTIN of SSPM Systems & Engineers is 24ABICS0706K1ZE, registered in Gujarat.
The CIN (Corporate Identification Number) of SSPM Systems & Engineers is U29190GJ2022PTC130162. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SSPM Systems & Engineers was incorporated on 17 March 2022, making it 4+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of SSPM Systems & Engineers by revenue are Lotus Stampings Private Limited, United Global Engineering Solutions Private Limited, Royal Tradelinks Private Limited, Sahay Racks Private Limited, Guindy Machine Tools Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
Sonal Jignesh Shah was appointed as Director on 15 Apr 2024. Amishi Shah ceased to be Director on 30 Sep 2023. Dhaval Vinodchandra Shah ceased to be Director on 30 Sep 2023. SSPM Systems & Engineers has 8 board changes on record in total.
Yes, SSPM Systems & Engineers is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0152914).
SSPM Systems & Engineers can be reached through the website sspm.com. Its registered office is in Ahmedabad, Gujarat, India.