Spirotech Heat Exchangers Private Limited

Manufacturer and trader of cooling coils and other passive devices with ISO certification.

1994 | Ghaziabad, Uttar Pradesh (India) | Active
Last Updated: July 03, 2024

Spirotech Heat Exchangers Profile

Key Indicators

  • Authorised Capital ₹ 4.56 Cr
  • Paid Up Capital ₹ 2.57 Cr
  • Company Age 30 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 50.00 Cr
  • Satisfied Charges ₹ 25.86 Cr
  • Revenue Growth 2.84%
  • Profit Growth -23.48%
  • Ebitda -21.29%
  • Net Worth 7.58%
  • Total Assets 2.82%

About Spirotech Heat Exchangers

Spirotech Heat Exchangers Private Limited (SHEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 July 1994 and has a history of 30 years and six months. Its registered office is in Ghaziabad, Uttar Pradesh, 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 4.56 Cr and a paid-up capital of Rs 2.57 Cr.

The company currently has active open charges totaling ₹50.00 Cr. The company has closed loans amounting to ₹25.86 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Spirotech Heat Exchangers Private Limited India is Sanjeev Tomar as COMPANY SECRETARY. Rajesh Khanna, Michele Faggioli, Eligio Macchi, and Three other members serve as directors at the Company.

Company Details

  • Location

    Ghaziabad, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    components.luvegroup.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74899UP1994PTC091322

  • Company No.

    091322

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Jul 1994

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Machinery and Equipment

What products or services does Spirotech Heat Exchangers Private Limited offer?

Spirotech Heat Exchangers Private Limited offers a wide range of products and services, including Metal Pipe & Plumbing Fittings, Copper Fittings, Electric Fittings & Components, Cooling Coils.

Who are the key members and board of directors at Spirotech Heat Exchangers?

Executive Team (2)

NameDesignationAppointment DateStatus
Subramaniam Srinivasan Country flag representing In Managing Director09-Jun-1997Current
Sanjeev Tomar Country flag representing In Company Secretary02-Jul-2007Current

Board Members (5)

NameDesignationAppointment DateStatus
Rajesh Khanna Country flag representing In Director 08-Aug-2019Current
Michele Faggioli Country flag representing It Director 03-Mar-2017Current
Eligio Macchi Country flag representing It Director 03-Mar-2017Current
Davide Gritti Country flag representing It Director 21-Aug-2019Current
Matteo Liberali Country flag representing It Director 05-Oct-2016Current

Financial Performance of Spirotech Heat Exchangers.

Spirotech Heat Exchangers Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.84% increase. The company also saw a substantial fall in profitability, with a 23.48% decrease in profit. The company's net worth moved up by a moderate rise of 7.58%.

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
2.84%
Revenue from Operations
2.37%
Total Assets
2.82%
Profit or Loss
-23.48%
Net Worth
7.58%
EBITDA
-21.29%

What is the Ownership and Shareholding Structure of Spirotech Heat Exchangers?

In 2023, Spirotech Heat Exchangers 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

₹50.00 Cr

Satisfied Charges

₹25.86 Cr

Charges Breakdown by Lending Institutions

  • Citi Bank N.A. : 50.00 Cr

Latest Charge Details

DateLenderAmountStatus
03 Oct 2003Citi Bank N.A.₹50.00 CrOpen
22 Mar 2012Citi Bank N.A.₹16.00 CrSatisfied
29 Oct 2004Citibank N A₹3.50 CrSatisfied
03 Oct 2003Citibank N.A₹2.00 CrSatisfied
15 Nov 2002Rajasthan State Industrial Development And Investment Corpor₹1.50 CrSatisfied

How Many Employees Work at Spirotech Heat Exchangers?

Spirotech Heat Exchangers has a workforce of 216 employees as of Apr 08, 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 Spirotech Heat Exchangers, 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 Spirotech Heat Exchangers'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 Spirotech Heat Exchangers

Recent activity within the organization

  • Annual General Meeting

    Spirotech Heat Exchangers Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Spirotech Heat Exchangers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kanpur.

    31 Mar 2023

  • Charges

    A charge with Citi Bank N.A. of Rs. 50.00 Cr registered on 03 Oct 2003 with Charge ID 90038409 was modified on 07 Oct 2022.

    07 Oct 2022

  • Director Appointment

    Davide Damiano Gritti was appointed as a Director was appointed as a Director on 21 Aug 2019 & has been associated with this company since 5 years 6 months .

    21 Aug 2019

  • Director Appointment

    Rajesh Khanna was appointed as a Director was appointed as a Director on 08 Aug 2019 & has been associated with this company since 5 years 6 months .

    08 Aug 2019

  • Director Appointment

    Michele Faggioli was appointed as a Director was appointed as a Director on 03 Mar 2017 & has been associated with this company since 7 years 11 months .

    03 Mar 2017

Recent News, Updates & Announcement

Frequently asked questions

  • Spirotech Heat Exchangers Private Limited was incorporated on 29 Jul 1994.

  • The authorized share capital of Spirotech Heat Exchangers Private Limited is ₹ 4.56 Cr and paid-up capital is ₹ 2.57 Cr.

  • Currently 7 directors are associated with Spirotech Heat Exchangers Private Limited.

    • Rajesh Khanna
    • Michele Faggioli
    • Eligio Macchi
    • Subramaniam Srinivasan
    • Sanjeev Kumar Singh Tomar
    • Davide Damiano Gritti
    • Matteo Liberali
  • As per Ministry of Corporate Affairs (Mca), the registered address of Spirotech Heat Exchangers Private Limited is R-11/173 First Floor Raj Nagar, Ghaziabad, Uttar Pradesh, India, 201002.

  • The corporate identification number (CIN) of Spirotech Heat Exchangers Private Limited is U74899UP1994PTC091322 and the company number is 091322 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Spirotech Heat Exchangers Private Limited is https://www.components.luvegroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Spirotech Heat Exchangers Private Limited has risen by 2.84%.

  • As Per 2023 financial reports, 216 employees are currently employed by Spirotech Heat Exchangers Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Spirotech Heat Exchangers Private Limited has experienced an upsurge of 7.58%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Spirotech Heat Exchangers Private Limited amount to ₹ 50.00 Cr.

  • The most recent Balance Sheet for Spirotech Heat Exchangers Private Limited was filed with the ROC on 31 Mar 2023.

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