Spruce Pax Profile
Key Indicators
- Authorised Capital ₹ 1.50 M
- Paid Up Capital ₹ 1.50 M
- Company Age 8 Year, 11 Months
- 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 (Eight years and 11 months 16 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
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.
Who are the key members and board of directors at Spruce Pax?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jagdish Pingale  | Director | 15-Jan-2018 | Current |
| Yogesh Pingle | Director | 08-Mar-2016 | Current |
| Supriya Pingale | Director | 08-Mar-2016 | Current |
| Prasad Barave | Director | 08-Mar-2016 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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.
Related Corporates (Common Directorship)
Seaworthy Pack-Tech Private LimitedJagdish Pingale is a mutual person
Lavinto Milk Products Private LimitedJagdish Pingale, Yogesh Pingle and 2 more are mutual person
- Spruce Pack Private Limited
Jagdish Pingale, Yogesh Pingle and 1 more are mutual person
- Foldy Packaging Private Limited
Jagdish Pingale, Yogesh Pingle and 1 more are mutual person
Charges (Loans)
₹41.28 M
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Aug 2024 | Others | ₹3.50 M | Open |
| 09 Dec 2022 | Others | ₹1.58 M | Open |
| 22 Mar 2022 | Hdfc Bank Limited | ₹1.55 M | Open |
| 29 Jun 2021 | Others | ₹2.90 Cr | Open |
| 29 Jun 2018 | Others | ₹0.65 M | Open |
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.
Deals i
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
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
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.
