Spaco Technologies (India) Private Limited

Manufactures carburetors, die-cast components, and non-carburetor parts for automotive and electronic industries.

1970 | Mumbai, Maharashtra (India) | Active
Last Updated: January 02, 2025

Spaco Technologies (India) Profile

Key Indicators

  • Authorised Capital ₹ 2.10 Cr
  • Paid Up Capital ₹ 1.70 Cr
  • Company Age 54 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 15.44 Cr
  • Satisfied Charges ₹ 30.19 Cr
  • Revenue Growth 14.36%
  • Profit Growth 33.13%
  • Ebitda 52.63%
  • Net Worth 7.40%
  • Total Assets 7.11%

About Spaco Technologies (India)

Spaco Technologies (India) Private Limited (STIPL) was founded in India on 31 March 1970 and has a glorious history of 54 years and ten months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Spaco Carburettors (India) Pvt Ltd. The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.10 Cr and a paid-up capital of Rs 1.70 Cr.

The company currently has active open charges totaling ₹15.44 Cr. The company has closed loans amounting to ₹30.19 Cr, as per Ministry of Corporate Affairs (MCA) records.

Abeezar Faizullabhoy, Virendra Pathak, Ajay Pathak, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50100MH1970PTC014595

  • Company No.

    014595

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Mar 1970

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Automotive

What products or services does Spaco Technologies (India) Private Limited offer?

Spaco Technologies (India) Private Limited offers a wide range of products and services, including Air Intakes, Exhaust Systems & Parts, Air Intake System & Parts, Engine & Engine Spare Parts, Engine Components, Automobile Fittings & Components, Automotive Spare Parts, Industrial Engines, CNC Machines & Lathe Machine, CNC Machined Components, Precision Automotive Parts.

Who are the key members and board of directors at Spaco Technologies (India)?

Executive Team (1)

NameDesignationAppointment DateStatus
Ajay Pathak Country flag representing Gb Managing Director01-Aug-2008Current

Board Members (3)

NameDesignationAppointment DateStatus
Abeezar Faizullabhoy Country flag representing In Director 28-Sep-2022Current
Virendra Pathak Country flag representing Gb Director 01-Aug-2016Current
Subrata Pandey Country flag representing In Director 08-Jul-2000Current

Financial Performance of Spaco Technologies (India).

Spaco Technologies (India) Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 14.36% increase. The company also saw a substantial improvement in profitability, with a 33.13% increase in profit. The company's net worth moved up by a moderate rise of 7.4%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
14.36%
Revenue from Operations
19.50%
Total Assets
7.11%
Profit or Loss
33.13%
Net Worth
7.40%
EBITDA
52.63%

What is the Ownership and Shareholding Structure of Spaco Technologies (India)?

In 2022, Spaco Technologies (India) had a promoter holding of 55.38% and a public holding of 44.62%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹15.44 Cr

Satisfied Charges

₹30.19 Cr

Charges Breakdown by Lending Institutions

  • The Industrial Credit & Inve. Corp. Of India Ltd. : 8.18 Cr
  • Uco Bank : 4.00 Cr
  • Industrial Development Bank Of India : 2.86 Cr
  • Bank Of Credit & Commerce International Ltd. : 0.40 Cr

Latest Charge Details

DateLenderAmountStatus
31 Jul 2020Uco Bank₹4.00 CrOpen
24 Dec 1996The Industrial Credit & Inve. Corp. Of India Ltd.₹6.00 MOpen
06 Mar 1992The Industrial Credit & Inve. Corp. Of India Ltd.₹3.52 CrOpen
15 May 1990Industrial Development Bank Of India₹9.40 MOpen
14 Mar 1990Industrial Development Bank Of India₹1.31 CrOpen

How Many Employees Work at Spaco Technologies (India)?

Spaco Technologies (India) has a workforce of 362 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Spaco Technologies (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Spaco Technologies (India)'s trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Spaco Technologies (India)

Recent activity within the organization

  • Annual General Meeting

    Spaco Technologies (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Spaco Technologies (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Abeezar Ebrahim Faizullabhoy was appointed as a Director was appointed as a Director on 28 Sep 2022 & has been associated with this company since 2 years 4 months .

    28 Sep 2022

  • Charges

    A charge registered on 09 Jul 1971 via Charge ID 90164568 with United Commercial Bank was fully satisfied on 14 Dec 2020.

    14 Dec 2020

  • Charges

    A charge registered on 23 Oct 2000 via Charge ID 90164084 with Uco Bank was fully satisfied on 03 Oct 2020.

    03 Oct 2020

  • Charges

    A charge registered on 24 Oct 1997 via Charge ID 90163622 with Uco Bank was fully satisfied on 03 Oct 2020.

    03 Oct 2020

Frequently asked questions

  • Spaco Technologies (India) Private Limited was incorporated on 31 Mar 1970.

  • The authorized share capital of Spaco Technologies (India) Private Limited is ₹ 2.10 Cr and paid-up capital is ₹ 1.70 Cr.

  • Currently 4 directors are associated with Spaco Technologies (India) Private Limited.

    • Abeezar Ebrahim Faizullabhoy
    • Virendra Dayashankar Pathak
    • Ajay Navinchandra Pathak
    • Subrata Pandey
  • As per Ministry of Corporate Affairs (Mca), the registered address of Spaco Technologies (India) Private Limited is 202 Maker Chambers V 221 Nariman Point, Jamnalal Bajaj Road India, Mumbai, Maharashtra, 400021.

  • The corporate identification number (CIN) of Spaco Technologies (India) Private Limited is U50100MH1970PTC014595 and the company number is 014595 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Spaco Technologies (India) Private Limited is https://www.spaco.co.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Spaco Technologies (India) Private Limited has risen by 14.36%.

  • As Per 2022 financial reports, 362 employees are currently employed by Spaco Technologies (India) Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Spaco Technologies (India) Private Limited has experienced an upsurge of 7.40%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Spaco Technologies (India) Private Limited amount to ₹ 15.44 Cr.

  • The most recent Balance Sheet for Spaco Technologies (India) Private Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Auto Parts & Components