Spectrum Electrical Industries Profile
Key Indicators
- Authorised Capital ₹ 17.50 Cr
- Paid Up Capital ₹ 15.61 Cr
- Company Age 16 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 213.99 Cr
- Satisfied Charges ₹ 98.60 Cr
- Revenue Growth 64.92%
- Profit Growth 29.56%
- Ebitda 35.15%
- Net Worth 8.29%
- Total Assets 14.50%
About Spectrum Electrical Industries
Spectrum Electrical Industries Limited (SEIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 12 August 2008 and has a history of 16 years and six months. Its registered office is in Jalgaon, Maharashtra, India.
It is listed on the National Stock Exchange(NSE) under the ticker symbol SPECTRUM.
The Corporate was formerly known as Spectrum Electricals Private Limited. The Company is engaged in the Energy And Power 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 17.50 Cr and a paid-up capital of Rs 15.61 Cr.
The company currently has active open charges totaling ₹213.99 Cr. The company has closed loans amounting to ₹98.60 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Spectrum Electrical Industries Limited India are Pankaj Rote as CFO and Rahul Lavane as Company Secretary. Deepak Chaudhari, Sanjay Pawde, Saurabh Malpani, and Four other members serve as directors at the Company.
Company Details
- Location
Jalgaon, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L28100MH2008PLC185764
- Company No.
185764
- Stock Symbol
NSE : SPECTRUM
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
12 Aug 2008
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Energy and Power
What products or services does Spectrum Electrical Industries Limited offer?
Spectrum Electrical Industries Limited offers a wide range of products and services, including Electrical Panels & Distribution Box, Distribution Box, Electrical Conduits and Fittings, Cable Trays, Switches & Switch Boxes, Modular Switches, Metal & Plastic Moulding Services, Injection Molding Job Works, Door, Window Handles & Knockers, Doorbells & Bell Push.
Who are the key members and board of directors at Spectrum Electrical Industries?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Deepak Chaudhari  | Managing Director | 12-Aug-2008 | Current |
| Pankaj Rote | CFO | 01-Jul-2018 | Current |
| Rahul Lavane | Company Secretary | 28-Feb-2019 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sanjay Pawde | Director | 01-Jul-2018 | Current |
| Narendra Wagh | Director | 02-May-2018 | Current |
| Saurabh Malpani | Director | 06-Aug-2018 | Current |
| Devendra Rane | Director | 01-Apr-2017 | Current |
| Kishor Dhake | Director | 06-Nov-2020 | Current |
| Bharti Chaudhari | Whole-Time Director | 18-Feb-2014 | Current |
Financial Performance of Spectrum Electrical Industries.
Spectrum Electrical Industries Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 64.92% increase. The company also saw a substantial improvement in profitability, with a 29.56% increase in profit. The company's net worth moved up by a moderate rise of 8.29%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Spectrum Electrical Industries?
In 2022, Spectrum Electrical Industries had a promoter holding of 71.45% and a public holding of 28.55%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Soyo Energies Private LimitedKishor Dhake is a mutual person
Spectrum Electrical Technologies Private LimitedDeepak Chaudhari and Devendra Rane are mutual person
- Spectrum Mass - Tech Private Limited
Deepak Chaudhari and Bharti Chaudhari are mutual person
- Pristine It Code Private Limited
Deepak Chaudhari and Bharti Chaudhari are mutual person
Charges (Loans)
Open Charges
₹213.99 Cr
Satisfied Charges
₹98.60 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 134.94 Cr
- Yes Bank Limited : 49.63 Cr
- Axis Bank Limited : 24.40 Cr
- Others : 5.02 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Mar 2024 | Hdfc Bank Limited | ₹0.20 M | Open |
| 28 Feb 2024 | Hdfc Bank Limited | ₹2.50 M | Open |
| 26 Sep 2023 | Yes Bank Limited | ₹49.63 Cr | Open |
| 31 Mar 2023 | Others | ₹6.50 M | Open |
| 30 Mar 2022 | Hdfc Bank Limited | ₹3.09 M | Open |
How Many Employees Work at Spectrum Electrical Industries?
Spectrum Electrical Industries has a workforce of 1111 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Spectrum Electrical 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 Spectrum Electrical Industries's trajectory.
Rating
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
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 Spectrum Electrical Industries
Recent activity within the organization
- Annual General Meeting
Spectrum Electrical Industries Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge registered on 25 May 2021 via Charge ID 100451715 with Others was fully satisfied on 29 Jul 2024.
- Charges
A charge registered on 05 Apr 2021 via Charge ID 100436986 with Others was fully satisfied on 30 Apr 2024.
- Charges
A charge registered on 30 Jun 2019 via Charge ID 100276617 with Hdfc Bank Limited was fully satisfied on 06 Apr 2024.
- Balance Sheet
Spectrum Electrical Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.02 Cr with Charge ID 100902586 was registered on 26 Mar 2024.
Frequently asked questions
What is the Incorporation or founding date of Spectrum Electrical Industries Limited?
Spectrum Electrical Industries Limited was incorporated on 12 Aug 2008.
What is authorized share capital and paid-up capital of Spectrum Electrical Industries Limited?
The authorized share capital of Spectrum Electrical Industries Limited is ₹ 17.50 Cr and paid-up capital is ₹ 15.61 Cr.
Who are the current board members & directors of Spectrum Electrical Industries Limited?
Currently 9 directors are associated with Spectrum Electrical Industries Limited.
- Deepak Suresh Chaudhari
- Sanjay Padmakar Pawde
- Saurabh Shrikant Malpani
- Pankaj Ravindra Rote
- Rahul Vasant Lavane
- Devendra Sudhakar Rane
- Kishor Dalu Dhake
- Bharti Deepak Chaudhari
- Narendra Daulatrao Wagh
What is the registered address of Spectrum Electrical Industries Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Spectrum Electrical Industries Limited is Gat No. 139/1 And 139/2 Umala India, Jalgaon, Maharashtra, 425003.
What is the corporate identification number (CIN) and company number of Spectrum Electrical Industries Limited?
The corporate identification number (CIN) of Spectrum Electrical Industries Limited is L28100MH2008PLC185764 and the company number is 185764 as per Ministry of Corporate Affairs (MCA).
Is Spectrum Electrical Industries Limited registered with any stock exchange in India?
Yes, Spectrum Electrical Industries Limited is registered on National Stock Exchange (NSE).
What is the official website of Spectrum Electrical Industries Limited?
The Official website of Spectrum Electrical Industries Limited is https://www.spectrum-india.com
What has been the recent revenue trend for Spectrum Electrical Industries Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Spectrum Electrical Industries Limited has risen by 64.92%.
How many employees does Spectrum Electrical Industries Limited currently have?
As Per 2022 financial reports, 1111 employees are currently employed by Spectrum Electrical Industries Limited.
What change has been observed in the net worth of Spectrum Electrical Industries Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Spectrum Electrical Industries Limited has experienced an upsurge of 8.29%.
What are the total open charges for Spectrum Electrical Industries Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Spectrum Electrical Industries Limited amount to ₹ 213.99 Cr.
When was the last Balance Sheet of Spectrum Electrical Industries Limited filed with the ROC?
The most recent Balance Sheet for Spectrum Electrical Industries Limited was filed with the ROC on 31 Mar 2024.
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