Spica Modular Solutions Limited

Manufacturer of office furniture, modulars, partitions, and other products for various clients.

2001 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 07, 2024

Spica Modular Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 9.18 M
  • Company Age 23 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.00 Cr
  • Satisfied Charges ₹ 4.50 Cr
  • Revenue Growth 20.74%
  • Profit Growth 200.55%
  • Ebitda 60.19%
  • Net Worth 11.17%
  • Total Assets 68.81%

About Spica Modular Solutions

Spica Modular Solutions Limited (SMSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 27 February 2001 and has a history of 23 years and 11 months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Spica Modular Solutions Private Limited. The Company is engaged in the Consumer Electronics & Durables 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 1.00 Cr and a paid-up capital of Rs 9.18 M.

The company currently has active open charges totaling ₹4.00 Cr. The company has closed loans amounting to ₹4.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sanjay Dangi, Meena Dangi, and Anil Dangi serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U36101TN2001PLC046707

  • Company No.

    046707

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Feb 2001

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Spica Modular Solutions?

Executive Team (1)

Name Designation Appointment Date Status
Sanjay Dangi Country flag representing In Managing Director 27-Feb-2001 Current

Board Members (2)

Name Designation Appointment Date Status
Meena Dangi Country flag representing In Director 01-Oct-2006 Current
Anil Dangi Country flag representing In Director 21-Jul-2014 Current

Financial Performance of Spica Modular Solutions.

Spica Modular Solutions Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 20.74% increase. The company also saw a substantial improvement in profitability, with a 200.55% increase in profit. The company's net worth Soared by an impressive increase of 11.17%.

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
20.74%
Revenue from Operations
20.74%
Total Assets
68.81%
Profit or Loss
200.55%
Net Worth
11.17%
EBITDA
60.19%

What is the Ownership and Shareholding Structure of Spica Modular Solutions?

In 2022, Spica Modular Solutions 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

₹4.00 Cr

Satisfied Charges

₹4.50 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 4.00 Cr

Latest Charge Details

Date Lender Amount Status
09 Nov 2023 Hdfc Bank Limited ₹4.00 Cr Open
08 Mar 2019 Axis Bank Limited ₹4.00 Cr Satisfied
29 Mar 2012 State Bank Of India ₹5.00 M Satisfied

How Many Employees Work at Spica Modular Solutions?

Spica Modular Solutions has a workforce of 25 employees as of Apr 07, 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 Spica Modular Solutions, 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 Spica Modular Solutions'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 Spica Modular Solutions

Recent activity within the organization

  • Annual General Meeting

    Spica Modular Solutions Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge registered on 08 Mar 2019 via Charge ID 100252347 with Axis Bank Limited was fully satisfied on 16 Aug 2024.

    16 Aug 2024

  • Balance Sheet

    Spica Modular Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 4.00 Cr with Charge ID 100833309 was registered on 09 Nov 2023.

    09 Nov 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 4.00 Cr with Charge ID 100252347 was registered on 08 Mar 2019.

    08 Mar 2019

  • Charges

    A charge registered on 29 Mar 2012 via Charge ID 10420464 with State Bank Of India was fully satisfied on 07 Mar 2018.

    07 Mar 2018

Frequently asked questions

  • Spica Modular Solutions Limited was incorporated on 27 Feb 2001.

  • The authorized share capital of Spica Modular Solutions Limited is ₹ 1.00 Cr and paid-up capital is ₹ 9.18 M.

  • Currently 3 directors are associated with Spica Modular Solutions Limited.

    • Sanjay Dangi
    • Meena Dangi
    • Anil Laxmi Lal Dangi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Spica Modular Solutions Limited is No. 117 Ellaya Mudali Street Indra Nagar, Tondiarpet India, Chennai, Tamil Nadu, 600081.

  • The corporate identification number (CIN) of Spica Modular Solutions Limited is U36101TN2001PLC046707 and the company number is 046707 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Spica Modular Solutions Limited is https://www.spica.net.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Spica Modular Solutions Limited has risen by 20.74%.

  • As Per 2022 financial reports, 25 employees are currently employed by Spica Modular Solutions Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Spica Modular Solutions Limited has experienced an upsurge of 11.17%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Spica Modular Solutions Limited amount to ₹ 4.00 Cr.

  • The most recent Balance Sheet for Spica Modular Solutions Limited was filed with the ROC on 31 Mar 2024.