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Spruce It Private Limited

IT consulting firm providing solutions for business services, including analytics, devops, AWS, and more.
2015 | Hyderabad, Telangana (India) | Active

Last Updated:

January 04, 2025
HomeCompanySpruce It Private Limited

Who are the key members and board of directors at Spruce It?

Board Members(2)

NameDesignationAppointment DateStatus
Venumadhav Sangani In Director 03-Aug-2015Current
Venkataramana Sangani In Director 03-Aug-2015Current

Financial Performance of Spruce It.

Spruce It Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 39.53% increase. The company also saw a slight decrease in profitability, with a 4.87% decrease in profit. The company's net worth Soared by an impressive increase of 67.24%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
39.53%
Revenue from Operations
39.62%
Total Assets
35.93%
Profit or Loss
-4.87%
Net Worth
67.24%
EBITDA
-4.44%

Charges (Loans)

Open Charges

₹10.00 M

LenderAmountStatus

Others

Creation Date: 23 Nov 2023
₹1.00 CrOpen

How Many Employees Work at Spruce It?

Spruce It has a workforce of 72 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.

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Latest Updates, News, and FAQs on Spruce It

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Spruce It Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 10.00 M with Charge ID 100828060 was registered on 23 Nov 2023.

    23 Nov 2023

  • Director Appointment

    Venumadhav Sangani was appointed as a Director was appointed as a Director on 03 Aug 2015 & has been associated with this company since 9 years 5 months .

    03 Aug 2015

  • Director Appointment

    Venkataramana Sangani was appointed as a Director was appointed as a Director on 03 Aug 2015 & has been associated with this company since 9 years 5 months .

    03 Aug 2015

  • Company Incorporation

    Spruce It Private Limited was registered on 03 Aug 2015 with Roc Hyderabad & aged 9 years 5 months as per MCA records.

    03 Aug 2015

Frequently asked questions

  • Spruce It Private Limited was incorporated on 03 Aug 2015.

  • The authorized share capital of Spruce It Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Spruce It Private Limited.

    • Venumadhav Sangani
    • Venkataramana Sangani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Spruce It Private Limited is Spruce It P Ltd Unit-1 3Rd Flr A-Wing Nsl Sez Plot No. 6 Sy.No.1 Ida Uppal, India, Hyderabad, Telangana, 500039.

  • The corporate identification number (CIN) of Spruce It Private Limited is U72200TG2015PTC100024 and the company number is 100024 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Spruce It Private Limited is https://www.spruceinfotech.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Spruce It Private Limited has risen by 39.53%.

  • As Per 2023 financial reports, 72 employees are currently employed by Spruce It Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Spruce It Private Limited has experienced an upsurge of 67.24%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Spruce It Private Limited amount to ₹ 1.00 Cr.

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

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