Spx Flow Technology (India) Private Limited

Manufactures and trades centrifugal pumps, homogenizers, and valves for various industries.

1980 | Ahmedabad, Gujarat (India) | Active
Last Updated: January 10, 2025

Spx Flow Technology (India) Profile

Key Indicators

  • Authorised Capital ₹ 3.68 Cr
  • Paid Up Capital ₹ 6.71 M
  • Company Age 44 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 55.58 Cr
  • Satisfied Charges ₹ 20.72 Cr
  • Revenue Growth 35.13%
  • Profit Growth -11.80%
  • Ebitda 41.93%
  • Net Worth 12.27%
  • Total Assets 6.71%

About Spx Flow Technology (India)

Spx Flow Technology (India) Private Limited (SFTIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 April 1980 and has a history of 44 years and ten months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Assotex Trading & Investment Private Limited. 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 3.68 Cr and a paid-up capital of Rs 6.71 M.

The company currently has active open charges totaling ₹55.58 Cr. The company has closed loans amounting to ₹20.72 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rajendra Karandikar, Jaime Easley, and Peter Ryan serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51900GJ1980PTC050281

  • Company No.

    050281

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Apr 1980

  • Date of AGM

    14 Dec 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Spx Flow Technology (India) Private Limited offer?

Spx Flow Technology (India) Private Limited offers a wide range of products and services, including Hydraulic & Pneumatic Tools, Hydraulic Tools, Pumps, Pumping Machines & Spares, Centrifugal Pumps, Horizontal Centrifugal Pump, Powder Mixers, Tank Mixers, Air Dryers, Refrigerated Air Dryers, Hydraulic Cylinders.

Who are the key members and board of directors at Spx Flow Technology (India)?

Board Members (3)

Name Designation Appointment Date Status
Rajendra Karandikar Country flag representing In Director 27-Sep-2011 Current
Jaime Easley Country flag representing Us Director 11-Sep-2019 Current
Peter Ryan Country flag representing Us Director 11-Sep-2019 Current

Financial Performance of Spx Flow Technology (India).

Spx Flow Technology (India) Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 35.13% increase. The company also saw a substantial fall in profitability, with a 11.8% decrease in profit. The company's net worth Soared by an impressive increase of 12.27%.

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
35.13%
Revenue from Operations
35.17%
Total Assets
6.71%
Profit or Loss
-11.80%
Net Worth
12.27%
EBITDA
41.93%

What is the Ownership and Shareholding Structure of Spx Flow Technology (India)?

In 2022, Spx Flow Technology (India) 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

₹55.58 Cr

Satisfied Charges

₹20.72 Cr

Charges Breakdown by Lending Institutions

  • Citi Bank N.A. : 30.00 Cr
  • Others : 25.00 Cr
  • Icici Ltd : 0.58 Cr

Latest Charge Details

Date Lender Amount Status
30 Jan 2023 Others ₹25.00 Cr Open
01 Oct 2010 Citi Bank N.A. ₹30.00 Cr Open
20 Jul 2000 Icici Ltd ₹5.80 M Open
23 Jan 2015 Citi Bank N.A. ₹2.00 Cr Satisfied
09 Jul 2010 Citibank N.A ₹11.04 Cr Satisfied

How Many Employees Work at Spx Flow Technology (India)?

Spx Flow Technology (India) has a workforce of 414 employees as of Mar 29, 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 Spx Flow Technology (India), 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 Spx Flow Technology (India)'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 Spx Flow Technology (India)

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 25.00 Cr registered on 30 Jan 2023 with Charge ID 100685589 was modified on 25 Apr 2024.

    25 Apr 2024

  • Annual General Meeting

    Spx Flow Technology (India) Private Limited last Annual general meeting of members was held on 14 Dec 2023 as per latest MCA records.

    14 Dec 2023

  • Balance Sheet

    Spx Flow Technology (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100685589 was registered on 30 Jan 2023.

    30 Jan 2023

  • Charges

    A charge with Citi Bank N.A. of Rs. 30.00 Cr registered on 01 Oct 2010 with Charge ID 10245326 was modified on 04 Jul 2020.

    04 Jul 2020

  • Charges

    A charge registered on 23 Jan 2015 via Charge ID 10561395 with Citi Bank N.A. was fully satisfied on 29 Feb 2020.

    29 Feb 2020

Recent News, Updates & Announcement

Frequently asked questions

  • Spx Flow Technology (India) Private Limited was incorporated on 02 Apr 1980.

  • The authorized share capital of Spx Flow Technology (India) Private Limited is ₹ 3.68 Cr and paid-up capital is ₹ 6.71 M.

  • Currently 3 directors are associated with Spx Flow Technology (India) Private Limited.

    • Rajendra Gadadhar Karandikar
    • Jaime Manson Easley
    • Peter James Ryan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Spx Flow Technology (India) Private Limited is Survey No. 275 Odhav Road Odhav, India, Ahmedabad, Gujarat, 382415.

  • The corporate identification number (CIN) of Spx Flow Technology (India) Private Limited is U51900GJ1980PTC050281 and the company number is 050281 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Spx Flow Technology (India) Private Limited is https://www.spxflow.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Spx Flow Technology (India) Private Limited has risen by 35.13%.

  • As Per 2022 financial reports, 414 employees are currently employed by Spx Flow Technology (India) Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Spx Flow Technology (India) Private Limited has experienced an upsurge of 12.27%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Spx Flow Technology (India) Private Limited amount to ₹ 55.58 Cr.

  • The most recent Balance Sheet for Spx Flow Technology (India) Private Limited was filed with the ROC on 31 Mar 2023.

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