Spartan Engineering Industries Private Limited

Engineering company providing industrial services, manufacturing hoists and construction equipment, with branch offices and ISO certification.

1988 | Mumbai, Maharashtra (India) | Active
Last Updated: December 07, 2024

Spartan Engineering Industries Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 3.00 Cr
  • Company Age 36 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 124.10 Cr
  • Satisfied Charges ₹ 5.75 Cr
  • Revenue Growth 14.85%
  • Profit Growth 255.77%
  • Ebitda 35.81%
  • Net Worth 11.30%
  • Total Assets 18.47%

About Spartan Engineering Industries

Spartan Engineering Industries Private Limited (SEIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 September 1988 and has a history of 36 years and four months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 3.00 Cr.

The company currently has active open charges totaling ₹124.10 Cr. The company has closed loans amounting to ₹5.75 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mahendra Mehta, Hiral Mehta, and Vikram Mehta serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    spartanindia.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74210MH1988PTC049025

  • Company No.

    049025

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Sep 1988

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Spartan Engineering Industries Private Limited offer?

Spartan Engineering Industries Private Limited offers a wide range of products and services, including Building & Construction Machines, Straightening Machines, Hoist, Passenger Cum Material Hoist, Construction Equipment, Elevators, Bar Bending Machine, Suspended Platform, Concrete Equipment, Concrete Placing Boom.

Who are the key members and board of directors at Spartan Engineering Industries?

Board Members (3)

Name Designation Appointment Date Status
Vikram Mehta Country flag representing In Director 30-Sep-1998 Current
Mahendra Mehta Country flag representing In Director 01-Jun-2005 Current
Hiral Mehta Country flag representing In Director 15-Feb-2005 Current

Financial Performance of Spartan Engineering Industries.

Spartan Engineering Industries Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 14.85% increase. The company also saw a substantial improvement in profitability, with a 255.77% increase in profit. The company's net worth Soared by an impressive increase of 11.3%.

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
14.85%
Revenue from Operations
15.48%
Total Assets
18.47%
Profit or Loss
255.77%
Net Worth
11.30%
EBITDA
35.81%

What is the Ownership and Shareholding Structure of Spartan Engineering Industries?

In 2021, Spartan Engineering Industries had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹124.10 Cr

Satisfied Charges

₹5.75 Cr

Charges Breakdown by Lending Institutions

  • Bank Of India : 116.74 Cr
  • Others : 4.30 Cr
  • Axis Bank Limited : 3.06 Cr

Latest Charge Details

Date Lender Amount Status
25 Oct 2024 Axis Bank Limited ₹1.98 Cr Open
31 Aug 2024 Others ₹2.40 Cr Open
28 Jun 2024 Bank Of India ₹5.00 Cr Open
26 Mar 2024 Bank Of India ₹5.00 Cr Open
19 May 2022 Others ₹1.09 Cr Open

How Many Employees Work at Spartan Engineering Industries?

Spartan Engineering Industries has a workforce of 236 employees as of Apr 06, 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 Spartan Engineering Industries, 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 Spartan Engineering Industries'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 Spartan Engineering Industries

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.98 Cr with Charge ID 101004542 was registered on 25 Oct 2024.

    25 Oct 2024

  • Charges

    A charge with Others amounted to Rs. 2.40 Cr with Charge ID 100981256 was registered on 31 Aug 2024.

    31 Aug 2024

  • Charges

    A charge with Bank Of India amounted to Rs. 5.00 Cr with Charge ID 100951457 was registered on 28 Jun 2024.

    28 Jun 2024

  • Charges

    A charge with Bank Of India amounted to Rs. 5.00 Cr with Charge ID 100922640 was registered on 26 Mar 2024.

    26 Mar 2024

  • Annual General Meeting

    Spartan Engineering Industries Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Spartan Engineering Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

Frequently asked questions

  • Spartan Engineering Industries Private Limited was incorporated on 30 Sep 1988.

  • The authorized share capital of Spartan Engineering Industries Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 3.00 Cr.

  • Currently 3 directors are associated with Spartan Engineering Industries Private Limited.

    • Mahendra Pranjivandas Mehta
    • Hiral Vikram Mehta
    • Vikram Mahendra Mehta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Spartan Engineering Industries Private Limited is 111 New Tejpal Indust Estateandheri Kurla Rd Sakinaka India, Mumbai, Maharashtra, 400072.

  • The corporate identification number (CIN) of Spartan Engineering Industries Private Limited is U74210MH1988PTC049025 and the company number is 049025 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Spartan Engineering Industries Private Limited is https://www.spartanindia.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Spartan Engineering Industries Private Limited has risen by 14.85%.

  • As Per 2021 financial reports, 236 employees are currently employed by Spartan Engineering Industries Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Spartan Engineering Industries Private Limited has experienced an upsurge of 11.30%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Spartan Engineering Industries Private Limited amount to ₹ 124.10 Cr.

  • The most recent Balance Sheet for Spartan Engineering Industries Private Limited was filed with the ROC on 31 Mar 2023.

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