Spen Formulations Pvt Ltd

Pharmaceutical company manufacturing various medications and chemicals since 2006.

2006 | H P, Himachal Pradesh (India) | Active
Last Updated: November 16, 2024

Spen Formulations Profile

Key Indicators

  • Authorised Capital ₹ 1.70 Cr
  • Paid Up Capital ₹ 1.70 Cr
  • Company Age 18 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.49 Cr
  • Satisfied Charges ₹ 5.58 M
  • Revenue Growth 534.11%
  • Profit Growth -84.05%
  • Ebitda -320.89%
  • Net Worth 471.65%
  • Total Assets 1555.00%

About Spen Formulations

Spen Formulations Pvt Ltd (SFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 April 2006 and has a history of 18 years and nine months. Its registered office is in H P, Himachal Pradesh.

The Company is engaged in the Pharma 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 1.70 Cr and a paid-up capital of Rs 1.70 Cr.

The company currently has active open charges totaling ₹2.49 Cr. The company has closed loans amounting to ₹5.58 M, as per Ministry of Corporate Affairs (MCA) records.

Santosh Maurya and Saksham Sangwan serve as directors at the Company.

Company Details

  • Location
    H P, Himachal Pradesh
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45202HP2006PTC030153

  • Company No.

    030153

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Apr 2006

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Himachal Pradesh

Industry

Pharma

Who are the key members and board of directors at Spen Formulations?

Board Members (2)

Name Designation Appointment Date Status
Santosh Maurya Country flag representing In Additional Director 23-May-2023 Current
Saksham Sangwan Country flag representing In Additional Director 17-Feb-2022 Current

Financial Performance of Spen Formulations.

Spen Formulations Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 534.11% increase. The company also saw a substantial fall in profitability, with a 84.05% decrease in profit. The company's net worth Soared by an impressive increase of 471.65%.

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
534.11%
Revenue from Operations
1200.50%
Total Assets
1555.00%
Profit or Loss
-84.05%
Net Worth
471.65%
EBITDA
-320.89%

What is the Ownership and Shareholding Structure of Spen Formulations?

Unlock access to Spen Formulations's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.49 Cr

Satisfied Charges

₹0.56 Cr

Charges Breakdown by Lending Institutions

  • Karnataka Bank Ltd. : 2.49 Cr

Latest Charge Details

Date Lender Amount Status
02 Jul 2020 Karnataka Bank Ltd. ₹3.39 M Open
15 Jan 2008 Karnataka Bank Ltd. ₹2.15 Cr Open
25 May 2015 Karnataka Bank Ltd. ₹3.50 M Satisfied
22 Jul 2011 General Manager ₹2.08 M Satisfied

How Many Employees Work at Spen Formulations?

Spen Formulations has a workforce of 14 employees as of Apr 05, 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 Spen Formulations, 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 Spen Formulations'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 Spen Formulations

Recent activity within the organization

  • Annual General Meeting

    Spen Formulations Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Spen Formulations Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Himachal Pradesh.

    31 Mar 2024

  • Director Appointment

    Santosh Kumar Maurya was appointed as a Additional Director was appointed as a Additional Director on 23 May 2023 & has been associated with this company since 1 year 8 months .

    23 May 2023

  • Director Appointment

    Saksham Sangwan was appointed as a Additional Director was appointed as a Additional Director on 17 Feb 2022 & has been associated with this company since 2 years 11 months .

    17 Feb 2022

  • Charges

    A charge with Karnataka Bank Ltd. amounted to Rs. 0.34 Cr with Charge ID 100385033 was registered on 02 Jul 2020.

    02 Jul 2020

  • Charges

    A charge with Karnataka Bank Ltd. of Rs. 2.15 Cr registered on 15 Jan 2008 with Charge ID 10096128 was modified on 01 Jan 2016.

    01 Jan 2016

Frequently asked questions

  • Spen Formulations Pvt Ltd was incorporated on 27 Apr 2006.

  • The authorized share capital of Spen Formulations Pvt Ltd is ₹ 1.70 Cr and paid-up capital is ₹ 1.70 Cr.

  • Currently 2 directors are associated with Spen Formulations Pvt Ltd.

    • Santosh Kumar Maurya
    • Saksham Sangwan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Spen Formulations Pvt Ltd is 123 Industrail Areamehatpur Una India, H P, Himachal Pradesh.

  • The corporate identification number (CIN) of Spen Formulations Pvt Ltd is U45202HP2006PTC030153 and the company number is 030153 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Spen Formulations Pvt Ltd is https://www.spenformulations.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Spen Formulations Pvt Ltd has risen by 534.11%.

  • As Per 2023 financial reports, 14 employees are currently employed by Spen Formulations Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Spen Formulations Pvt Ltd has experienced an upsurge of 471.65%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Spen Formulations Pvt Ltd amount to ₹ 2.49 Cr.

  • The most recent Balance Sheet for Spen Formulations Pvt Ltd was filed with the ROC on 31 Mar 2024.

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