Spavy Fitness Equipments Private Limited

Manufacturer of fitness equipment, including weight training machines, figure control equipment, and outdoor fitness equipment.

1986 | Satara, Maharashtra (India) | Active
Last Updated: November 16, 2024

Spavy Fitness Equipments Profile

Key Indicators

  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 4.00 M
  • Company Age 39 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.10 Cr
  • Satisfied Charges ₹ 0.75 M
  • Revenue Growth -35.27%
  • Profit Growth -90.30%
  • Ebitda 0.88%
  • Net Worth -4.18%
  • Total Assets -1.13%

About Spavy Fitness Equipments

Spavy Fitness Equipments Private Limited (SFEPL) is a Private Limited Indian Non-Government Company incorporated in India on 01 January 1986 and has a history of 39 years and one month. Its registered office is in Satara, Maharashtra, India.

The Corporate was formerly known as Spavy Machineries Pvt Ltd. 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 4.00 M and a paid-up capital of Rs 4.00 M.

The company currently has active open charges totaling ₹1.10 Cr. The company has closed loans amounting to ₹0.75 M, as per Ministry of Corporate Affairs (MCA) records.

Shubhangi Mohite, Sadhana Mohite, Sanjog Mohite, and Two other members serve as directors at the Company.

Company Details

  • Location

    Satara, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29299PN1986PTC038512

  • Company No.

    038512

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Jan 1986

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Machinery and Equipment

Who are the key members and board of directors at Spavy Fitness Equipments?

Executive Team (1)

Name Designation Appointment Date Status
Pradip Mohite Country flag representing In Managing Director 22-Sep-2011 Current

Board Members (4)

Name Designation Appointment Date Status
Shubhangi Mohite Country flag representing In Director 22-Sep-2011 Current
Sadhana Mohite Country flag representing In Director 22-Sep-2011 Current
Sanjog Mohite Country flag representing In Director 22-Sep-2011 Current
Sangramsinh Mohite Country flag representing In Director 08-Apr-2024 Current

Financial Performance of Spavy Fitness Equipments.

Spavy Fitness Equipments Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 35.27% decrease. The company also saw a substantial fall in profitability, with a 90.3% decrease in profit. The company's net worth dipped by a decrease of 4.18%.

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
-35.27%
Revenue from Operations
-35.27%
Total Assets
-1.13%
Profit or Loss
-90.30%
Net Worth
-4.18%
EBITDA
0.88%

What is the Ownership and Shareholding Structure of Spavy Fitness Equipments?

In 2023, Spavy Fitness Equipments 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

₹11.00 M

Satisfied Charges

₹0.75 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 0.95 Cr
  • Idbi Bank Limited : 0.15 Cr

Latest Charge Details

Date Lender Amount Status
24 Jun 2021 State Bank Of India ₹9.50 M Open
09 Sep 2014 Idbi Bank Limited ₹1.50 M Open
16 Oct 1995 Janata Shakari Bank Limited ₹0.75 M Satisfied

How Many Employees Work at Spavy Fitness Equipments?

Unlock and access historical data on people associated with Spavy Fitness Equipments, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Spavy Fitness Equipments, 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 Spavy Fitness Equipments'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 Spavy Fitness Equipments

Recent activity within the organization

  • Director Appointment

    Sangramsinh Sanjog Mohite was appointed as a Director was appointed as a Director on 08 Apr 2024 & has been associated with this company since 10 months 1 day .

    08 Apr 2024

  • Annual General Meeting

    Spavy Fitness Equipments Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Spavy Fitness Equipments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India of Rs. 9.50 M registered on 24 Jun 2021 with Charge ID 100470060 was modified on 06 Jul 2021.

    06 Jul 2021

  • Charges

    A charge with State Bank Of India amounted to Rs. 9.50 M with Charge ID 100470060 was registered on 24 Jun 2021.

    24 Jun 2021

  • Charges

    A charge with Idbi Bank Limited amounted to Rs. 1.50 M with Charge ID 10535557 was registered on 09 Sep 2014.

    09 Sep 2014

Frequently asked questions

  • Spavy Fitness Equipments Private Limited was incorporated on 01 Jan 1986.

  • The authorized share capital of Spavy Fitness Equipments Private Limited is ₹ 4.00 M and paid-up capital is ₹ 4.00 M.

  • Currently 5 directors are associated with Spavy Fitness Equipments Private Limited.

    • Shubhangi Pradeep Mohite
    • Sadhana Sanjog Mohite
    • Sanjog Bajirao Mohite
    • Pradip Bajirao Mohite
    • Sangramsinh Sanjog Mohite
  • As per Ministry of Corporate Affairs (Mca), the registered address of Spavy Fitness Equipments Private Limited is Bharat Engineering, Plot No. G-2 Old Midc India, Satara, Maharashtra, 415004.

  • The corporate identification number (CIN) of Spavy Fitness Equipments Private Limited is U29299PN1986PTC038512 and the company number is 038512 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Spavy Fitness Equipments Private Limited is https://www.spavyfitness.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Spavy Fitness Equipments Private Limited has fallen by -35.27%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Spavy Fitness Equipments Private Limited has experienced an downturn of -4.18%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Spavy Fitness Equipments Private Limited amount to ₹ 1.10 Cr.

  • The most recent Balance Sheet for Spavy Fitness Equipments Private Limited was filed with the ROC on 31 Mar 2023.

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