Spectacle Ventures Limited

IT & ITeS services provider since 1985, ISO 9001-certified, diverse clientele.

1985 | Mumbai, Maharashtra (India) | Active
Last Updated: January 03, 2025

Spectacle Ventures Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 5.15 Cr
  • Company Age 39 Year, 8 Months
  • Last Filing with ROC 31 Mar 2019
  • Satisfied Charges ₹ 4.98 M
  • Revenue Growth %
  • Profit Growth 97.59%
  • Ebitda 98.48%
  • Net Worth -70.02%
  • Total Assets -1.65%

About Spectacle Ventures

Spectacle Ventures Limited (SVL) is a Public Limited Indian Non-Government Company incorporated in India on 18 May 1985 and has a history of 39 years and eight months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Spectacle Infotek Limited. The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2019. It's a company limited by shares with an authorized capital of Rs 6.00 Cr and a paid-up capital of Rs 5.15 Cr.

The company has closed loans amounting to ₹4.98 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Fazal Mehmood, Mumtaz Shaikh, and Mahera Khan serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51900MH1985PLC036271

  • Company No.

    036271

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    18 May 1985

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Information Technology

What products or services does Spectacle Ventures Limited offer?

Spectacle Ventures Limited offers a wide range of products and services, including Software Development & IT Consultant, Software Consulting Service, Business Consultant, Website Development Services, WordPress Website Development Service, Application Development Service, Custom Application Development, Product Development Consultants, IT, Networking & Automation Solution, IT Solutions.

Who are the key members and board of directors at Spectacle Ventures?

Executive Team (1)

Name Designation Appointment Date Status
Fazal Mehmood Country flag representing In Managing Director 29-Oct-2009 Current

Board Members (2)

Name Designation Appointment Date Status
Mumtaz Shaikh Country flag representing In Director 12-Nov-2013 Current
Mahera Khan Country flag representing In Director 20-Jan-2021 Current

Financial Performance of Spectacle Ventures.

Spectacle Ventures Limited, for the financial year ended 2017, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 97.59% increase in profit. The company's net worth observed a substantial decline by a decrease of 70.02%.

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
Revenue from Operations
Total Assets
-1.65%
Profit or Loss
97.59%
Net Worth
-70.02%
EBITDA
98.48%

What is the Ownership and Shareholding Structure of Spectacle Ventures?

In 2017, Spectacle Ventures had a promoter holding of 16.25% and a public holding of 83.75%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹0.50 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.40 Cr
  • The Greater Bombay Co-Op. Bank Ltd. : 0.10 Cr

Latest Charge Details

Date Lender Amount Status
17 Dec 2009 Hdfc Bank Limited ₹3.98 M Satisfied
07 Jan 1997 The Greater Bombay Co-Op. Bank Ltd. ₹1.00 M Satisfied

How Many Employees Work at Spectacle Ventures?

Unlock and access historical data on people associated with Spectacle Ventures, 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 Spectacle Ventures, 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 Spectacle Ventures'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 Spectacle Ventures

Recent activity within the organization

  • Director Appointment

    Mahera Sarim Khan was appointed as a Director was appointed as a Director on 20 Jan 2021 & has been associated with this company since 4 years 11 days .

    20 Jan 2021

  • Annual General Meeting

    Spectacle Ventures Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    Spectacle Ventures Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai.

    31 Mar 2019

  • Director Appointment

    Mumtaz Fazal Shaikh was appointed as a Director was appointed as a Director on 12 Nov 2013 & has been associated with this company since 11 years 2 months .

    12 Nov 2013

  • Charges

    A charge registered on 17 Dec 2009 via Charge ID 10199895 with Hdfc Bank Limited was fully satisfied on 01 Mar 2011.

    01 Mar 2011

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.40 Cr with Charge ID 10199895 was registered on 17 Dec 2009.

    17 Dec 2009

Frequently asked questions

  • Spectacle Ventures Limited was incorporated on 18 May 1985.

  • The authorized share capital of Spectacle Ventures Limited is ₹ 6.00 Cr and paid-up capital is ₹ 5.15 Cr.

  • Currently 3 directors are associated with Spectacle Ventures Limited.

    • Fazal Shaikh Mehmood
    • Mumtaz Fazal Shaikh
    • Mahera Sarim Khan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Spectacle Ventures Limited is Office No. 1 22/24/26 Shipping House 1St Floor Kumpta Street, Fort India, Mumbai, Maharashtra, 400001.

  • The corporate identification number (CIN) of Spectacle Ventures Limited is U51900MH1985PLC036271 and the company number is 036271 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Spectacle Ventures Limited is https://www.spectacleventures.com

  • The financial reports for the fiscal year 2017 indicates that The net worth of Spectacle Ventures Limited has experienced an downturn of -70.02%.

  • The most recent Balance Sheet for Spectacle Ventures Limited was filed with the ROC on 31 Mar 2019.

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