Spin Technologies Private Limited - Due diligence report

A 360° intelligence report on Spin Technologies: trust score, financial health, credit view, compliance, directors, growth and distress sign…

2008-07-04 Bengaluru, Karnataka Active Unlisted Active Compliant
Share
ST Spin Technologies Private Limited
Full Due-Diligence Report + Documents
  • Unlock all financial figures & 5-year trends
  • Full trust, health & credit-risk scores
  • Director details, charges & MCA documents
₹700 ₹449 Save ₹251 excl. GST
Or from ₹279/report with credits View credit packages
Company Credits – Starter
  • One credit unlocks this full due-diligence report
  • Use across any company’s report, anytime
  • Credits valid for 12 months
× ₹700 ₹279 = ₹2,790 60% off
Choose your own credit amount View credit packages

Spin Technologies — 360° Intelligence Report

Generated from MCA filings & public records
80/100
Trust Score
Low Risk

Spin Technologies is assessed as Low Risk with a Trust Score of 80/100. Spin Technologies is an active private limited indian non-government company incorporated in 2008, operating in the Information Technology sector. Reported revenue has declined across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a moderate compliance risk and low financial risk profile.

Report generated on 17 Jul 2026 from the latest processed filings. Spin Technologies Private Limited snapshot & full profile →

Financial Health › Strong
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Good

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreLow Risk
80/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
68/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
75/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
60/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
70/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
80/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

Get full access

Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 60/100 Moderate
  • Liabilities ≈ 38% EBITDA - serviceable.
  • Open charges exceed net worth - secured lenders rank ahead.
  • Elevated gearing (D/E 1.42).
  • Profitable - internal accruals available.

Charges position: 1 open (1.34 cr) · 0 satisfied (-).

Banking relationships (from registered charges)
LenderChargesAmount
Canara Bank1 48.0 cr
Compliance Score: 68/100 Moderate
  • Company status is Active as per MCA.
  • Last balance sheet is for Mar 2022 - filings overdue.
  • Litigation present in 1 court forum(s).
  • 1 active GST registration(s).
Legal cases on record (1)
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
PADMA SRINIVAS DATHA 01234567 Director 01/04/2018 6 yrs Approved
JAYADEV MADUGULA 01234567 Director 01/04/2018 6 yrs Approved
SRINIVAS DATTA 01234567 Director 01/04/2018 6 yrs Approved
  • 3 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2022)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2022 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
3 allotment(s) · 2 transfer(s)

Promoters hold a majority stake - exact percentages are part of the full report.

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 70 · Distress 80
Growth signals & trust indicators
Latest year revenue grew 2.1x.
Profit expanded 24% year-on-year.
Asset base grew 0.86 - capacity expansion.
Net margin improved to 61%.
Operating for 18+ years.
Active GST registration(s).
Distress signals & risk flags
Statutory filings appear overdue.
1 open charge(s) registered - assets are encumbered.
1 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence75/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 1 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment66/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 1 open charge(s) of 1.34 cr already registered.
  • Compliance gaps should be priced into terms.
Investor view74/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 4 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 14 events
30 Sep 2022
Last AGM held
Annual general meeting
31 Mar 2022
Latest balance sheet
Filed with ROC
02 Aug 2019
Charge created
Canara Bank - 1.34 cr
31 Mar 2018
Share transfer (FY 2018)
34950.00000000 shares to Padma Srinivas Datha
Share transfer (FY 2018)
11092.00000000 shares to Ravisha Neelakanthappa
25 Jul 2017
Director appointed
JAYADEV MADUGULA (Nominee Director)
Director ceased
VENKATA SUBRAHMANYA MADDIPATI SREEDHAR
30 May 2015
Securities allotted
135422.00 Equity Shares - 23.25 Lakh raised
20 Aug 2012
Securities allotted
34950.00 Equity Shares - 3.50 Lakh raised
14 Jun 2012
Securities allotted
141892.00 Equity Shares - 76.75 Lakh raised
25 Oct 2008
Director ceased
KALICHARAN SWARNAM
04 Jul 2008
Incorporated
Registered with Roc Bangalore
Director appointed
PADMA SRINIVAS DATHA (Director)
Director appointed
SRINIVAS DATTA (Director)
10

Key Observations

Auto-generated from the data above
Revenue declined 38% over the last 4 financial year(s).
Net profit margin moved from 1.42 to 2.1x.
Debt-to-equity stands at 24% - leverage worth monitoring.
Net worth is positive.
3 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
Promoters hold a majority stake as per the FY 2022 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 3 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Pix Brand U72900MP2018PTC047185 Indore, Madhya Pradesh, India
Bulwarkers Websecurity Private Limited U72900GJ2018PTC101933 Ahmedabad, Gujarat, India
Fair Share U72200PN2016PTC164782 Pune, Maharashtra, India
Twinsway Technologies Private Limited U72200KL2015PTC038108 Vazhayila, Kerala, India
Vhs Logitech U74999MH2017PTC290829 Mumbai, Maharashtra, India
Sankalpa Infotech Private Limited U72300WB2013PTC197257 Durgapur, West Bengal, India
Vatayu Private Limited U72900TG2019PTC133727 Banjara Hills, Telangana, India
Jhf It Services Private Limited U72900KL2018PTC051662 Thiruvananthapuram, Kerala, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Spin Technologies before audits and certifications: compliance score 68/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Spin Technologies: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 60/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 70/100, margin trends, ownership structure and peer set for Spin Technologies - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 80/100, distress signals and MSME payment-delay disclosures - know whether Spin Technologies pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (1 case(s) on record), regulatory flags, charge documents trail and director networks for Spin Technologies - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Spin Technologies an active company?

Spin Technologies has MCA status “Active” with a compliance score of 68/100 (Moderate).

Is Spin Technologies financially healthy?

Spin Technologies has a Financial Health Score of 75/100 (Low Risk) based on its filed financial statements.

Should I do business with Spin Technologies?

Its overall Trust Score is 80/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Spin Technologies?

Promoters hold a majority stake - exact percentages are in the full report. 3 active director(s) are on record.

Does Spin Technologies have loans or charges against its assets?

1 open charge(s) are registered against its assets.

Is Spin Technologies up to date with its ROC filings?

Last balance sheet is for Mar 2022 - filings overdue. Overall compliance score: 68/100 (Moderate).

Is it risky to lend to Spin Technologies?

Its Credit Risk Score is 60/100 (Moderate). Banker verdict: Mixed indicators - deeper appraisal suggested.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.