Spectrum Tool Engineers Private Limited

Designs and manufactures precision tools for engineering industries, including molded parts and machined components.

2002 | Bengaluru, Karnataka (India) | Active
Last Updated: July 04, 2024

Spectrum Tool Engineers Profile

Key Indicators

  • Authorised Capital ₹ 16.00 Cr
  • Paid Up Capital ₹ 12.94 Cr
  • Company Age 22 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 40.22 Cr
  • Satisfied Charges ₹ 87.58 Cr
  • Revenue Growth 15.65%
  • Profit Growth 140.91%
  • Ebitda 92.23%
  • Net Worth 30.68%
  • Total Assets 75.51%

About Spectrum Tool Engineers

Spectrum Tool Engineers Private Limited (STEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 March 2002 and has a history of 22 years and ten months. Its registered office is in Bengaluru, Karnataka, 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 16.00 Cr and a paid-up capital of Rs 12.94 Cr.

The company currently has active open charges totaling ₹40.22 Cr. The company has closed loans amounting to ₹87.58 Cr, as per Ministry of Corporate Affairs (MCA) records.

Venkatesh Sudarshan, Calicut Venktesh, and Sheshagiri Rajeshwari serve as directors at the Company.

Company Details

  • Location

    Bengaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27320KA2002PTC030278

  • Company No.

    030278

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Mar 2002

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

What products or services does Spectrum Tool Engineers Private Limited offer?

Spectrum Tool Engineers Private Limited offers a wide range of products and services, including Sheet Metal & Turned Components, Machine Parts, Die Casting, Aluminium Die Casting, CNC Machined Components, Precision Machined Components.

Who are the key members and board of directors at Spectrum Tool Engineers?

Board Members (3)

Name Designation Appointment Date Status
Venkatesh Sudarshan Country flag representing In Director 26-Mar-2002 Current
Calicut Venktesh Country flag representing In Director 26-Mar-2002 Current
Sheshagiri Rajeshwari Country flag representing In Director 26-Mar-2002 Current

Financial Performance of Spectrum Tool Engineers.

Spectrum Tool Engineers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.65% increase. The company also saw a substantial improvement in profitability, with a 140.91% increase in profit. The company's net worth Soared by an impressive increase of 30.68%.

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
15.65%
Revenue from Operations
15.59%
Total Assets
75.51%
Profit or Loss
140.91%
Net Worth
30.68%
EBITDA
92.23%

What is the Ownership and Shareholding Structure of Spectrum Tool Engineers?

In 2023, Spectrum Tool Engineers 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

₹40.22 Cr

Satisfied Charges

₹87.58 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 28.77 Cr
  • Sidbi : 10.19 Cr
  • Others : 0.96 Cr
  • Axis Bank Limited : 0.30 Cr

Latest Charge Details

Date Lender Amount Status
06 Sep 2023 State Bank Of India ₹28.77 Cr Open
19 Apr 2023 Sidbi ₹7.65 Cr Open
03 Mar 2023 Sidbi ₹2.54 Cr Open
30 Jan 2023 Axis Bank Limited ₹0.95 M Open
30 Jul 2018 Others ₹1.65 M Open

How Many Employees Work at Spectrum Tool Engineers?

Spectrum Tool Engineers has a workforce of 108 employees as of Mar 30, 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 Spectrum Tool Engineers, 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 Tool Engineers'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 Spectrum Tool Engineers

Recent activity within the organization

  • Charges

    A charge registered on 09 Mar 2022 via Charge ID 100547506 with Axis Bank Limited was fully satisfied on 16 Apr 2024.

    16 Apr 2024

  • Charges

    A charge registered on 31 Jan 2019 via Charge ID 100241065 with Axis Bank Limited was fully satisfied on 16 Apr 2024.

    16 Apr 2024

  • Annual General Meeting

    Spectrum Tool Engineers Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 28.77 Cr with Charge ID 100786239 was registered on 06 Sep 2023.

    06 Sep 2023

  • Charges

    A charge with Sidbi amounted to Rs. 7.65 Cr with Charge ID 100709807 was registered on 19 Apr 2023.

    19 Apr 2023

  • Balance Sheet

    Spectrum Tool Engineers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

Frequently asked questions

  • Spectrum Tool Engineers Private Limited was incorporated on 26 Mar 2002.

  • The authorized share capital of Spectrum Tool Engineers Private Limited is ₹ 16.00 Cr and paid-up capital is ₹ 12.94 Cr.

  • Currently 3 directors are associated with Spectrum Tool Engineers Private Limited.

    • Venkatesh Sudarshan
    • Calicut Sethmadavarao Venktesh
    • Sheshagiri Rajeshwari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Spectrum Tool Engineers Private Limited is No. 97 And 100 Petechannappa Industrial Estate Kamakshipalya Magadi Main Road, Bengaluru, Karnataka, India, 560079.

  • The corporate identification number (CIN) of Spectrum Tool Engineers Private Limited is U27320KA2002PTC030278 and the company number is 030278 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Spectrum Tool Engineers Private Limited is https://www.spectrummoulds.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Spectrum Tool Engineers Private Limited has risen by 15.65%.

  • As Per 2023 financial reports, 108 employees are currently employed by Spectrum Tool Engineers Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Spectrum Tool Engineers Private Limited has experienced an upsurge of 30.68%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Spectrum Tool Engineers Private Limited amount to ₹ 40.22 Cr.

  • The most recent Balance Sheet for Spectrum Tool Engineers Private Limited was filed with the ROC on 31 Mar 2023.