Spero Power Private Limited

Renewable energy company specializing in wind power generation and distribution.

2012 | Chennai, Tamil Nadu (India) | Active
Last Updated: November 17, 2024

Spero Power Profile

Key Indicators

  • Authorised Capital ₹ 1.45 M
  • Paid Up Capital ₹ 1.15 M
  • Company Age 12 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 7.83 Cr
  • Revenue Growth -2.54%
  • Profit Growth -1777.60%
  • Ebitda -1.90%
  • Net Worth -170.04%
  • Total Assets -41.85%

About Spero Power

Spero Power Private Limited (SPPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 June 2012 and has a history of 12 years and seven months. Its registered office is in Chennai, Tamil Nadu, India.

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 1.45 M and a paid-up capital of Rs 1.15 M.

The company has closed loans amounting to ₹7.83 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Puneet Gupta, Sawan Gupta, and Chirag Gupta serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40300TN2012PTC086498

  • Company No.

    086498

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Jun 2012

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Energy and Power

Who are the key members and board of directors at Spero Power?

Executive Team (1)

Name Designation Appointment Date Status
Chirag Gupta Country flag representing In Managing Director 26-Jun-2012 Current

Board Members (2)

Name Designation Appointment Date Status
Puneet Gupta Country flag representing In Whole-Time Director 26-Jun-2012 Current
Sawan Gupta Country flag representing In Whole-Time Director 26-Jun-2012 Current

Financial Performance of Spero Power.

Spero Power Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 2.54% decrease. The company also saw a substantial fall in profitability, with a 1777.6% decrease in profit. The company's net worth observed a substantial decline by a decrease of 170.04%.

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
-2.54%
Revenue from Operations
-2.54%
Total Assets
-41.85%
Profit or Loss
-1777.60%
Net Worth
-170.04%
EBITDA
-1.90%

What is the Ownership and Shareholding Structure of Spero Power?

In 2023, Spero Power had a public holding of 21.32%. The company had 5 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

₹78.29 M

Charges Breakdown by Lending Institutions

  • Punjab & Sind Bank : 7.83 Cr

Latest Charge Details

Date Lender Amount Status
24 Sep 2012 Punjab & Sind Bank ₹7.83 Cr Satisfied

How Many Employees Work at Spero Power?

Unlock and access historical data on people associated with Spero Power, 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 Spero Power, 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 Spero Power'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 Spero Power

Recent activity within the organization

  • Annual General Meeting

    Spero Power Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Spero Power Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge registered on 24 Sep 2012 via Charge ID 10380078 with Punjab & Sind Bank was fully satisfied on 19 Nov 2015.

    19 Nov 2015

  • Charges

    A charge with Punjab & Sind Bank of Rs. 78.29 M registered on 24 Sep 2012 with Charge ID 10380078 was modified on 25 Sep 2012.

    25 Sep 2012

  • Charges

    A charge with Punjab & Sind Bank amounted to Rs. 78.29 M with Charge ID 10380078 was registered on 24 Sep 2012.

    24 Sep 2012

  • Director Appointment

    Puneet Gupta was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 26 Jun 2012 & has been associated with this company since 12 years 7 months .

    26 Jun 2012

Frequently asked questions

  • Spero Power Private Limited was incorporated on 26 Jun 2012.

  • The authorized share capital of Spero Power Private Limited is ₹ 1.45 M and paid-up capital is ₹ 1.15 M.

  • Currently 3 directors are associated with Spero Power Private Limited.

    • Puneet Gupta
    • Sawan Gupta
    • Chirag Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Spero Power Private Limited is Sp 7A Industrial Estate Guindy, India, Chennai, Tamil Nadu, 600032.

  • The corporate identification number (CIN) of Spero Power Private Limited is U40300TN2012PTC086498 and the company number is 086498 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Spero Power Private Limited is https://www.speroindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Spero Power Private Limited has fallen by -2.54%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Spero Power Private Limited has experienced an downturn of -170.04%.

  • The most recent Balance Sheet for Spero Power Private Limited was filed with the ROC on 31 Mar 2024.