Time Spire Private Limited

Time Spire Private Limited - consumer goods in Morbi, Gujarat, India. Directors, charges & compliance details.
CIN U33309GJ2022PTC129600 Incorporated 23 February 2022 ROC Ahmedabad HQ Morbi, Gujarat, India
Active Private Limited Company consumer goods DPIIT Startup MSME · Micro
Data last updated
Revenue · FY 2024
₹40.94 Lakh
▲ 13% YoY
Net profit · FY 2024
₹55,907
Net margin 1.4%
EBITDA · FY 2024
₹76,217
EBITDA margin 1.9%
Authorised capital
₹2.5 Lakh
Registered with MCA
Paid-up capital
₹2.5 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
2
As per MCA filings
Last financials
Mar 2025
Balance sheet date

About Time Spire Private Limited

Data last updated:

Time Spire Private Limited is a private limited company based in Morbi, Gujarat, India, recognised as a startup by DPIIT. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 23 February 2022.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U33309GJ2022PTC129600.

The company has an authorised share capital of ₹2.5 Lakh and a paid-up capital of ₹2.5 Lakh. It is led by directors Aakash Prakash Shah (Managing Director) and Krutika Aakash Shah (Whole-Time Director).

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 Morbi, Gujarat.

As per the financials filed for FY 2024, the company reported a revenue of ₹40.94 Lakh, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹55,907 (net margin 1.4%) and EBITDA of ₹76,217 (EBITDA margin 1.9%).

Time Spire Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0181639).

Company details

CIN U33309GJ2022PTC129600
Registration Number 129600
Incorporation Date 23 February 2022
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0181639
Key People
Aakash Prakash Shah Managing Director Krutika Aakash Shah Whole-Time Director

Recognitions & Rankings of Time Spire

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-GJ-01-0181639

Contact details

Time Spire Private Limited's registered office is in Morbi, Gujarat.

  • Registered Address
    New Bharat Khokhavala Dharm Gold Ind. Estate, Plot No.6 P.St Of Charola Eng Rajpar Road, Morbi, Gujarat, India – 363641
  • Industry
    Consumer Goods, Watches & Jewelry Manufacturing
Comprehensive company report
Time Spire 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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Business activity

The main business activity of Time Spire is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC13Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities

To see the full business activity and turnover split of Time Spire Private Limited, buy the company report.

Financials of Time Spire Private Limited

FY 2025 filings available

Time Spire Private Limited reported revenue of ₹40.94 Lakh (up 13% YoY) for FY 2024.

Revenue · FY 2024
₹40.94 Lakh ▲ 13%
Net profit · FY 2024
₹55,907 margin 1.4%
EBITDA · FY 2024
₹76,217 margin 1.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 13%
EBITDA CAGR growth
1 year
▼ 11%

Revenue rose 13% in the latest year. EBITDA fell 11% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2023-24FY 2022-23FY 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₹76,217
Profit Before Tax
Tax Expense
Net Profit (PAT)₹55,907
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

MetricsFY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin1.9%
Net Profit Margin1.4%
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

To see the full financial statements and ratios of Time Spire Private Limited, buy the company report.

Board of directors of Time Spire Private Limited

Time Spire has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Krutika Aakash ShahWhole-Time Director23 Feb 20224 Years 8 MonthsCurrent
Aakash Prakash Shah
Also directs: Bexhill Private Limited
Managing Director23 Feb 20224 Years 8 MonthsCurrent
View all directors

Peer comparison

Time Spire Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Gem to Gems Private Limited (OPC)₹42.35 Lakh (FY 2025)-40.0%Jaipur, Rajasthan, India
Organic Inhouse Private Limited₹41.27 Lakh (FY 2025)73.0%Jaipur, Rajasthan, India
Time Spire Private Limitedthis company₹40.94 Lakh (FY 2024)₹55,9071.4%13.0%Morbi, Gujarat, India
Padmavati Crystal Collection Private Limited₹40.48 Lakh (FY 2021)-59.0%Mumbai, Maharashtra, India

To see the full peer comparison of Time Spire Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Time Spire Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Time Spire Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Time Spire Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Aakash Prakash Shah was appointed as Managing Director on 23 Feb 2022.

AGM
Time Spire Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Time Spire Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Aakash Prakash Shah was appointed as Managing Director.
Appointed
Krutika Aakash Shah was appointed as Whole-Time Director.
Incorporation
23 Feb 2022
Time Spire Private Limited was registered on 23 Feb 2022 with Roc Ahmedabad & aged 4 years 8 months as per MCA records.

Frequently asked questions

Time Spire is an active private limited company based in Morbi, Gujarat, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 23 February 2022 (4+ years old) and is registered under CIN U33309GJ2022PTC129600.

Time Spire has 2 current directors:

The latest financial statements of Time Spire 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 FY 2022 are in the company report.

The CIN (Corporate Identification Number) of Time Spire is U33309GJ2022PTC129600. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Time Spire was incorporated on 23 February 2022, making it 4+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Time Spire by revenue are Gem to Gems Private Limited (OPC), Organic Inhouse Private Limited, Padmavati Crystal Collection Private Limited, all in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).

Aakash Prakash Shah was appointed as Managing Director on 23 Feb 2022. Krutika Aakash Shah was appointed as Whole-Time Director on 23 Feb 2022.

Yes, Time Spire is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Time Spire is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0181639).

The registered office of Time Spire is at New Bharat Khokhavala Dharm Gold Ind. Estate, Plot No.6 P.St Of Charola Eng Rajpar Road, Morbi, Gujarat, India – 363641.

Time Spire operates in the consumer goods industry, in the watches and jewelry manufacturing segment.