Spigot Software Private Limited - Company overview

Spigot Software is an MCA-registered Indian company: a Private Limited Indian Non-Government Company (CIN U72200KA2006PTC040423). Business o…

2006-09-06 Bengaluru, Karnataka Active Unlisted Active Compliant
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SS Spigot Software Private Limited

Key Metrics

AUTHORISED CAPITAL
45.00 Lakh
PAID-UP CAPITAL
43.00 Lakh
COMPANY AGE
19 Years 8 Months
since 2006-09-06
LAST FILING WITH ROC
2024-03-31
Last AGM: 2024-09-30
OPEN CHARGES
2
-79.00 Lakh
SATISFIED CHARGES
2
1.79 cr
REVENUE
PROFIT / LOSS
EBITDA
NET WORTH
TOTAL ASSETS
TOTAL MONEY RAISED
ACTIVE GST
1
Updated: 2024-07-11 00:04:08

About Spigot Software

Spigot Software is an MCA-registered Indian company: a Private Limited Indian Non-Government Company (CIN U72200KA2006PTC040423). Business overview includes Information Technology (Software Development & Support Services), incorporated on September 06, 2006 (20+ years old), headquartered in Bengaluru, Karnataka, India. The company is currently Active with Active Compliant compliance status. For FY 2023, the company reported revenue of ₹6.04 Cr with a profit of ₹18.51 Lakh. It has 2 active directors. The company employs approximately 94 people.

Software Development & Support Services HR Outsourcing & Talent Management
  • Location Shop No,10, 2Nd Floor, No. 2580, 27Th Main, 13Th Cross, 1St Sector, Hsr Layout, Bengaluru, Karnataka - 560102
  • Website spigotsoftware.in
Name History
CIN / LLPINU72200KA2006PTC040423
Company No.040423
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date2006-09-06
Date of AGM2024-09-30
Date of Balance Sheet2024-03-31
Listing StatusUnlisted
ROC CodeRoc Bangalore
PAN
LEI Number
Active ComplianceActive Compliant

Financial Performance of Spigot Software

Revenue Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▲ 38.3% Growth (3 Year) ▼ -9.9%
Profit/Loss Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▼ 65.1% Growth (3 Year) ▼ 60.7%
Values are in Mixed (K, L, Cr)
Metrics FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Revenue 2,20,083.04 cr2,35,431.21 cr2,51,890.00 cr2,18,400.00 cr1,95,200.00 cr1,72,000.00 cr1,59,000.00 cr
Profit/Loss 13,969.70 cr 4,810.00 cr 12,200.00 cr 9,100.00 cr -8,200.00 cr 3,200.00 cr 5,100.00 cr
Cash & Bank Balance 38,200.00 cr35,100.00 cr32,000.00 cr28,500.00 cr25,200.00 cr22,000.00 cr19,800.00 cr
Net Worth 1,26,731.94 cr1,37,500.00 cr1,40,200.00 cr1,28,000.00 cr1,15,000.00 cr1,02,000.00 cr95,000.00 cr
EBITDA 27,865.49 cr29,800.00 cr30,200.00 cr27,000.00 cr24,500.00 cr22,000.00 cr20,100.00 cr

Financial Ratios

Revenue P/L EBITDA

Values in Crores (Cr) - illustrative trend

FY 2021 - FY 2025
Key Insights (FY 2025)
Revenue2,20,083.04 cr ▼ 6.5%
Profit/Loss13,969.70 cr ▲ 190.6%
EBITDA27,865.49 cr
Net Profit Margin10.54%
Debt/Equity0.47
Current Ratio0.88
Return on Equity12.3%
Ratio FY 2025FY 2024FY 2023FY 2022FY 2021
Net Profit Margin10.543.202.101.800.50
Debt to EBITDA2.141.901.701.501.20
Interest Coverage Ratio0.470.500.450.400.35
Debt to Equity0.880.900.850.800.75
Return on Equity12.103.002.001.500.20
Current Ratio1.201.151.101.050.99
Quick Ratio0.950.920.880.850.80
EBITDA Margin12.0010.008.007.005.00
Return on Capital Employed8.002.001.000.200.00
Earning Per Share4.000.000.000.000.00

Shareholding Pattern

Shareholding Pattern (FY 2025)
  • Promoters 33.19%
  • DII 23.22%
  • FII 18.28%
  • Public 22.89%
  • Others 2.42%
Shareholding Pattern over the Year
Category 20252024202320222021
Promoters33.19%33.50%33.80%34.00%34.41%
DII23.22%22.90%22.50%22.10%21.80%
FII18.28%18.00%17.60%17.20%16.90%
Public22.89%23.10%23.50%24.00%24.20%
Others2.42%2.50%2.60%2.70%2.69%
Subsidiaries Company (6)
TAYO ROLLS LIMITED
54.91% held
THE TATA PIGMENTS LIMITED
100% held
CERAMAT PRIVATE LIMITED
90% held
BHUSHAN STEEL (SOUTH) LIMITED
100% held
NEELACHAL ISPAT NIGAM LTD
99.68% held
TATA STEEL DOWNSTREAM PRODUCTS LIMITED
100% held

EPFO Establishments (1)

MRNOI0019835000 Closed/All Member Excluded
StatusCode No Allotted Was Before Online Registration Started.
ActivityPaper
StateUttar Pradesh
Coverage07-JUN-1995

Current Directors (2)

M
Whole-time director | Since 2006-09-06
B
Managing Director | Since 2008-07-12

Charges Overview

Others : 2.49 cr
Hdfc Bank Limited : 25.00 Lakh
Syndicate Bank : 5.00 Lakh
Open Charges: 2 Satisfied Charges: 2
Open -79.00 Lakh
Satisfied 1.79 cr
LenderAmountStatus
Others
Creation Date: 14 Feb 2023
75.00 Lakh Open
Others
Creation Date: 09 Nov 2017
1.74 cr Closed
Hdfc Bank Limited
Creation Date: 26 Dec 2011
25.00 Lakh Open

Business Activity

Activity GroupDescriptionTurnover %
Information and communication-100
Information and communication-100.00

Flagged By Authority

Regulatory and exchange flags (preview)

Frequently Asked Questions about Spigot Software
What is CIN of Spigot Software?
The Corporate Identification Number (CIN) for Spigot Software is U72200KA2006PTC040423. CIN is a distinct identification code allotted by the Registrar of Companies (ROC) under the Ministry of Corporate Affairs (MCA). The company registration number is 040423 as per MCA.
When was Spigot Software incorporated?
Spigot Software was incorporated 19 years 8 months ago on 06 Sep 2006.
What is paid-up capital and authorised share capital of Spigot Software?
The paid-up capital of Spigot Software is ₹ 4,300,000.00 and authorised share capital is ₹ 4,500,000.00.
Who are the current board members and directors of Spigot Software?
Currently 2 directors are associated with Spigot Software: Mangala Srinath, Bettadpur Govindan Srinath.
  • Mangala Srinath
  • Bettadpur Govindan Srinath
What is the registered address of Spigot Software?
As per Ministry of Corporate Affairs (MCA), the registered address of Spigot Software is Shop No,10, 2Nd Floor, No. 2580, 27Th Main, 13Th Cross, 1St Sector, Hsr Layout, Bengaluru, Karnataka, 560102, India.
What is the official website of Spigot Software?
The official website of Spigot Software is https://spigotsoftware.in.
What is the ROC code of Spigot Software?
Spigot Software ROC code is Roc Bangalore.
What is the company classification of Spigot Software?
Spigot Software is classified as Private Limited Indian Non-Government Company.
Spigot Software - is it listed or unlisted?
Spigot Software is a Unlisted company.
What is the current status of Spigot Software?
Spigot Software is currently Active and registered in Bengaluru, Karnataka, India.
What industry or business activity is Spigot Software associated with?
Spigot Software lists activity aligned with: Information Technology - Software Development & Support Services - Information and communication. See the Overview and Competition sections for fuller industry context.
How many employees does Spigot Software have?
Available records indicate roughly 94 employees for Spigot Software. Confirm against filings and EPFO-related signals on the profile where shown.
Does Spigot Software have GST registrations on file?
Spigot Software shows 1 active GST registration signal(s) in compliance overview data. Open the Compliance tab for GSTIN and filing context when your plan allows.
Where can I see charges and lenders for Spigot Software?
Use the Charges tab for MCA charge filings, charge holders, and open versus satisfied charges for Spigot Software.
How do I contact Spigot Software?
Use the official website at https://spigotsoftware.in and the registered office address on this profile for corporate contact. Infyner does not publish personal customer-care numbers unless they appear in sourced company records.
What is the turnover or revenue of Spigot Software?
Turnover and revenue appear in filed financial statements when available. Open the Financial tab on this profile for revenue, profit or loss, balance sheet metrics, and related MCA filings - not headline estimates.
How can I get the financial details of Spigot Software?
You can view revenue, profit or loss, balance sheet metrics, and related filings on the Financial tab of this company profile.
What is the net worth of Spigot Software (last filed snapshot)?
As per the latest financial snapshot on file for FY 2023, net worth is about ₹ 62.54 Lakh. Verify figures on the Financial tab and supporting filings.