Spruce Pax Private Limited

Manufactures and exports packaging materials, provides fumigation and lashing services.

2016 | Pune, Maharashtra (India) | Active
Last Updated:

Spruce Pax Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.50 M
  • Company Age 9 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.13 Cr
  • Satisfied Charges ₹ 1.84 Cr
  • Revenue Growth 104.02%
  • Profit Growth 309.60%
  • Ebitda 125.99%
  • Net Worth 62.14%
  • Total Assets 84.45%

About Spruce Pax

Spruce Pax Private Limited (SPPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 March 2016 (Nine years and one month 4 days old ). Its registered office is in Pune, Maharashtra, India.

The Corporate was formerly known as Spruce Impex Private Limited. The Company is engaged in the Packaging 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 1.50 M and a paid-up capital of Rs 1.50 M.

The company currently has active open charges totaling ₹4.13 Cr. The company has closed loans amounting to ₹1.84 Cr, as per Ministry of Corporate Affairs (MCA) records.

Jagdish Pingale, Yogesh Pingle, Supriya Pingale, and One other member serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U21098PN2016PTC158720

  • Company No.

    158720

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Mar 2016

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Packaging

What products or services does Spruce Pax Private Limited offer?

Spruce Pax Private Limited offers a wide range of products and services, including Packaging Films & Foils, PVC Film, Product Packing & Labelling Services, Packaging Solutions, Packaging Boxes, Wooden Packaging Box and Crate, Protective Packing Materials, Protective Packaging, Packaging, Laminated & Zip Bags, Transparent Packaging Bags.

Company report

Spruce Pax Private Limited

Explore comprehensive data for Spruce Pax Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (4)

NameDesignationAppointment DateStatus
Jagdish Pingale Country flag representing In Director 15-Jan-2018Current
Yogesh Pingle Country flag representing In Director 08-Mar-2016Current
Supriya Pingale Country flag representing In Director 08-Mar-2016Current
Prasad Barave Country flag representing In Director 08-Mar-2016Current

Financial Performance of Spruce Pax.

Spruce Pax Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 104.02% increase. The company also saw a substantial improvement in profitability, with a 309.6% increase in profit. The company's net worth Soared by an impressive increase of 62.14%.

Spruce Pax revenue growth over time
Spruce Pax 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
104.02%
Revenue from Operations
103.90%
Total Assets
84.45%
Profit or Loss
309.60%
Net Worth
62.14%
EBITDA
125.99%

What is the Ownership and Shareholding Structure of Spruce Pax?

In 2023, Spruce Pax had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹41.28 M

Satisfied Charges

₹18.36 M

Charges Breakdown by Lending Institutions

  • Others : 3.47 Cr
  • Axis Bank Limited : 0.50 Cr
  • Hdfc Bank Limited : 0.16 Cr

Latest Charge Details

DateLenderAmountStatus
16 Aug 2024Others₹3.50 MOpen
09 Dec 2022Others₹1.58 MOpen
22 Mar 2022Hdfc Bank Limited₹1.55 MOpen
29 Jun 2021Others₹2.90 CrOpen
29 Jun 2018Others₹0.65 MOpen

How Many Employees Work at Spruce Pax?

Spruce Pax has a workforce of 56 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.

Employee growth trends for Spruce Pax Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Spruce Pax, 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 Spruce Pax'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 Spruce Pax

Recent activity within the organization

  • Annual General Meeting

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

  • Charges

    A charge with Others amounted to Rs. 3.50 M with Charge ID 100965502 was registered on 16 Aug 2024.

  • Charges

    A charge registered on 20 Nov 2021 via Charge ID 100511265 with Others was fully satisfied on 12 Aug 2024.

  • Balance Sheet

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

  • Charges

    A charge registered on 14 Jan 2021 via Charge ID 100411105 with Others was fully satisfied on 18 Jan 2024.

  • Charges

    A charge registered on 06 Dec 2021 via Charge ID 100522790 with Others was fully satisfied on 17 Jan 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Spruce Pax Private Limited?

    Spruce Pax Private Limited was incorporated on 08 Mar 2016.

  • What is authorized share capital and paid-up capital of Spruce Pax Private Limited?

    The authorized share capital of Spruce Pax Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.50 M.

  • Who are the current board members & directors of Spruce Pax Private Limited?

    Currently 4 directors are associated with Spruce Pax Private Limited.

    • Jagdish Laxman Pingale
    • Yogesh Tulashiram Pingle
    • Supriya Jagdish Pingale
    • Prasad Khandu Barave

  • What is the registered address of Spruce Pax Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Spruce Pax Private Limited is Gat No. 963 Midc-Nighoje Road Nighoje Tal-Khed, Dist- India, Pune, Maharashtra, 410501.

  • What is the corporate identification number (CIN) and company number of Spruce Pax Private Limited?

    The corporate identification number (CIN) of Spruce Pax Private Limited is U21098PN2016PTC158720 and the company number is 158720 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Spruce Pax Private Limited?

    The Official website of Spruce Pax Private Limited is https://www.spruceimpex.in

  • What has been the recent revenue trend for Spruce Pax Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Spruce Pax Private Limited has risen by 104.02%.

  • How many employees does Spruce Pax Private Limited currently have?

    As Per 2022 financial reports, 56 employees are currently employed by Spruce Pax Private Limited.

  • What change has been observed in the net worth of Spruce Pax Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Spruce Pax Private Limited has experienced an upsurge of 62.14%.

  • What are the total open charges for Spruce Pax Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Spruce Pax Private Limited amount to ₹ 4.13 Cr.

  • When was the last Balance Sheet of Spruce Pax Private Limited filed with the ROC?

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

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