Spi Industries Private Limited

Manufacturer of steel drums, transformer radiators, and CRGO silicon steel wound cores. ISO 9001 certified.

1985 | Ahmedabad, Gujarat (India) | Active
Last Updated: January 10, 2025

Spi Industries Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 3.00 Cr
  • Company Age 39 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 22.88 Cr
  • Satisfied Charges ₹ 6.73 Cr
  • Revenue Growth 2.67%
  • Profit Growth -27.42%
  • Ebitda 21.25%
  • Net Worth 0.23%
  • Total Assets 8.66%

About Spi Industries

Spi Industries Private Limited (SIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 September 1985 and has a history of 39 years and four months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Vitrag Traders Pvt Ltd. 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 2024. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 3.00 Cr.

The company currently has active open charges totaling ₹22.88 Cr. The company has closed loans amounting to ₹6.73 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vinod Shah, Parthiv Shah, Prashant Kamleshbhai, and Six other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28910GJ1985PTC008087

  • Company No.

    008087

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Sep 1985

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Spi Industries Private Limited offer?

Spi Industries Private Limited offers a wide range of products and services, including Electric Fittings & Components, Ferrite Cores, Storage Tanks, Drums & Containers, Drums.

Who are the key members and board of directors at Spi Industries?

Board Members (9)

Name Designation Appointment Date Status
Parthiv Shah Country flag representing In Director 28-Apr-2015 Current
Krutarth Shah Country flag representing In Director 28-Apr-2015 Current
Hardik Shah Country flag representing In Director 01-Apr-2006 Current
Vinod Shah Country flag representing In Director 09-Apr-1986 Current
Prashant Kamleshbhai Country flag representing In Director 28-Apr-2015 Current
Deepak Shah Country flag representing In Director 28-Apr-2015 Current

Financial Performance of Spi Industries.

Spi Industries Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.67% increase. The company also saw a substantial fall in profitability, with a 27.42% decrease in profit. The company's net worth moved up by a moderate rise of 0.23%.

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
2.67%
Revenue from Operations
3.17%
Total Assets
8.66%
Profit or Loss
-27.42%
Net Worth
0.23%
EBITDA
21.25%

What is the Ownership and Shareholding Structure of Spi Industries?

Unlock access to Spi Industries'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

₹22.88 Cr

Satisfied Charges

₹6.73 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 22.88 Cr

Latest Charge Details

Date Lender Amount Status
07 Jun 2012 State Bank Of India ₹9.68 Cr Open
21 Apr 2012 State Bank Of India ₹13.20 Cr Open
07 Dec 2006 Development Credit Bank Ltd. ₹2.35 Cr Satisfied
07 Dec 2006 Development Credit Bank Ltd. ₹4.35 Cr Satisfied
31 May 1993 Bank Of Baroda ₹0.30 M Satisfied

How Many Employees Work at Spi Industries?

Spi Industries has a workforce of 78 employees as of Mar 22, 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 Spi 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 Spi Industries'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 Spi Industries

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Spi Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with State Bank Of India of Rs. 9.68 Cr registered on 07 Jun 2012 with Charge ID 10361805 was modified on 10 Nov 2023.

    10 Nov 2023

  • Director Appointment

    Parthiv Kamleshbahi Shah was appointed as a Director was appointed as a Director on 28 Apr 2015 & has been associated with this company since 9 years 9 months .

    28 Apr 2015

  • Director Appointment

    Prashant Shah Kamleshbhai was appointed as a Director was appointed as a Director on 28 Apr 2015 & has been associated with this company since 9 years 9 months .

    28 Apr 2015

  • Director Appointment

    Deepak Chinubhai Shah was appointed as a Director was appointed as a Director on 28 Apr 2015 & has been associated with this company since 9 years 9 months .

    28 Apr 2015

Frequently asked questions

  • Spi Industries Private Limited was incorporated on 11 Sep 1985.

  • The authorized share capital of Spi Industries Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 3.00 Cr.

  • Currently 9 directors are associated with Spi Industries Private Limited.

    • Vinod Chinubhai Shah
    • Parthiv Kamleshbahi Shah
    • Prashant Shah Kamleshbhai
    • Deepak Chinubhai Shah
    • Pathik Vinodbhai Shah
    • Hardik Dipakbhai Shah
    • Kamlesh Shah Chinubhai
    • Krutarth Vinodbhai Shah
    • Samkit Dipakbhai Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Spi Industries Private Limited is S.No.439/1 2 Sarkhej Bavla Highway Nr. Chanchar Wadi Bus Stand Village-Matoda, Tal. Sana Nd India, Ahmedabad, Gujarat, 382213.

  • The corporate identification number (CIN) of Spi Industries Private Limited is U28910GJ1985PTC008087 and the company number is 008087 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Spi Industries Private Limited is https://www.spiindustries.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Spi Industries Private Limited has risen by 2.67%.

  • As Per 2023 financial reports, 78 employees are currently employed by Spi Industries Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Spi Industries Private Limited has experienced an upsurge of 0.23%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Spi Industries Private Limited amount to ₹ 22.88 Cr.

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

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