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Span Divergent Limited
Since 1980, Span Divergent Limited has maintained a presence in the industry for 46 years. Span Divergent Limited holds the CIN L74999GJ1980PLC003710 and registration number 3710. The company operates as company limited by shares. The declared authorized capital is ₹15.00 crore. It has a paid-up capital totaling ₹5.46 crore.
The company’s main operations are related to other business activities. It operates under Ahmedabad’s corporate registry. Its official registered office is situated at 9th Floor, 902-904, Rajhans Bonista, Behind Ram Chowk Temple, Ghod Dod Road, Surat, Surat, Gujarat, India, 395007. It is an active company at present. The Permanent Account Number assigned to the company is AADCS3977Q. Span Divergent Limited can be contacted at secretarial@span.co.in. Span Divergent Limited’s leading executives are Naresh Gupta (CFO) and Paras Desai (CFO).
Company Overview
- CIN
- Date of Incorporation
- 31/03/1980
- Company Status
- Active
- RoC
- Ahmedabad
- Registration Number
- Balance sheet date
- 31/03/2025
- Company Category
- Company limited by shares
- Company Sub Category
- Non-government company
- Listed in Stock Exchange
- Yes
- Class of Company
- Public Limited Company
- LEI Number
- Authorized Capital
- ₹15,00,00,000.00
- Paid up Capital
- ₹5,46,17,470.00
- Activity
- Other Business Activities
- secretarial@span.co.in
- PAN
GST Numbers
| State | GST Number | Status |
|---|---|---|
| Gujarat | 24AADCS3977Q1ZM | Active |
| Karnataka | 29AADCS3977Q1ZC | Inactive |
| Maharashtra | 27AADCS3977Q1ZG | Active |
| West Bengal | 19AADCS3977Q1ZD | Inactive |
ISIN Numbers
| ISIN | Security | Interest Rate | Maturity Date | FISN | CFI |
|---|---|---|---|---|---|
| IN8004E01015 | SPAN DIVERGENT LIMITED EQ LISTING/TRADING APPROVAL AWAITED | - | 12/10/2026 | SPAN DIVERGENT/SH VTG | ESVUFN |
| INE004E01016 | SPAN DIVERGENT LIMITED EQ | - | 12/10/2026 | SPAN DIVERGENT/SH VTG | ESVUFN |
Balance Sheet
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 |
|---|---|---|---|---|---|
| Net PPE | ₹930.94L | ₹962.81L | ₹1,072.67L | ₹1,280.35L | ₹0.00L |
| Net Debt | ₹44.99L | ₹746.07L | ₹766.67L | ₹953.87L | ₹0.00L |
| Gross PPE | ₹930.94L | ₹2,666.28L | ₹2,666.02L | ₹2,897.40L | ₹0.00L |
| Inventory | ₹172.33L | ₹99.95L | ₹118.20L | ₹160.56L | ₹0.00L |
| Total Debt | ₹713.69L | ₹835.34L | ₹911.23L | ₹1,115.06L | ₹0.00L |
| Common Stock | ₹726.32L | ₹546.17L | ₹546.17L | ₹546.17L | ₹0.00L |
| Current Debt | ₹692.67L | ₹564.38L | ₹517.77L | ₹509.89L | ₹0.00L |
| Share Issued | ₹72.63L | ₹54.62L | ₹54.62L | ₹54.62L | ₹0.00L |
| Total Assets | ₹2,890.24L | ₹2,320.23L | ₹2,418.69L | ₹2,559.21L | ₹0.00L |
| Capital Stock | ₹726.32L | ₹546.17L | ₹546.17L | ₹546.17L | ₹0.00L |
| Long Term Debt | ₹0.00L | ₹240.22L | ₹341.41L | ₹483.88L | ₹0.00L |
| Current Assets | ₹1,911.58L | ₹1,238.26L | ₹1,206.99L | ₹1,161.95L | ₹0.00L |
| Working Capital | ₹170.55L | -₹1,551.19L | -₹1,493.83L | -₹1,622.97L | ₹0.00L |
| Invested Capital | ₹2,178.60L | ₹523.92L | ₹670.44L | ₹709.90L | ₹0.00L |
| Other Properties | ₹930.94L | ₹442.53L | ₹441.74L | ₹556.60L | ₹0.00L |
| Common Stock Equity | ₹1,485.93L | -₹280.68L | -₹188.74L | -₹283.87L | ₹0.00L |
| Net Tangible Assets | ₹1,483.47L | -₹282.11L | -₹190.93L | -₹289.43L | ₹0.00L |
| Tangible Book Value | ₹1,483.47L | -₹282.11L | -₹190.93L | -₹289.43L | ₹0.00L |
| Current Liabilities | ₹1,741.03L | ₹2,789.45L | ₹2,700.82L | ₹2,784.92L | ₹0.00L |
| Long Term Provisions | ₹84.20L | ₹82.39L | ₹48.65L | ₹17.88L | ₹0.00L |
| Stockholders Equity | ₹1,485.93L | -₹280.68L | -₹188.74L | -₹283.87L | ₹0.00L |
| Other Equity Interest | ₹759.61L | -₹826.85L | -₹734.91L | -₹830.05L | ₹0.00L |
| Total Capitalization | ₹1,485.93L | -₹40.46L | ₹152.67L | ₹200.01L | ₹0.00L |
| Ordinary Shares Number | ₹72.63L | ₹54.62L | ₹54.62L | ₹54.62L | ₹0.00L |
| Other Intangible Assets | ₹2.46L | ₹1.43L | ₹2.19L | ₹3.07L | ₹0.00L |
| Total Non Current Assets | ₹978.66L | ₹1,081.97L | ₹1,211.70L | ₹1,397.26L | ₹0.00L |
| Cash And Cash Equivalents | ₹647.68L | ₹58.53L | ₹92.51L | ₹39.90L | ₹0.00L |
| Other Short Term Investments | ₹605.52L | ₹631.89L | ₹470.57L | ₹396.54L | ₹0.00L |
| Other Non Current Liabilities | ₹23.87L | ₹26.85L | ₹29.84L | ₹33.32L | ₹0.00L |
| Goodwill And Other Intangible Assets | ₹2.46L | ₹1.43L | ₹2.19L | ₹5.56L | ₹0.00L |
| Total Equity Gross Minority Interest | ₹982.71L | -₹884.13L | -₹756.77L | -₹835.80L | ₹0.00L |
| Total Liabilities Net Minority Interest | ₹1,907.53L | ₹3,204.36L | ₹3,175.46L | ₹3,395.01L | ₹0.00L |
| Current Debt And Capital Lease Obligation | ₹704.56L | ₹576.27L | ₹547.69L | ₹582.54L | ₹0.00L |
| Long Term Debt And Capital Lease Obligation | ₹9.13L | ₹259.07L | ₹363.54L | ₹532.52L | ₹0.00L |
| Cash Cash Equivalents And Short Term Investments | ₹1,253.20L | ₹690.42L | ₹563.08L | ₹436.44L | ₹0.00L |
| Total Non Current Liabilities Net Minority Interest | ₹166.50L | ₹414.91L | ₹474.64L | ₹610.09L | ₹0.00L |
Cash Flow
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 |
|---|---|---|---|---|
| Free Cash Flow | -₹19.56L | ₹185.81L | ₹212.02L | ₹180.30L |
| Changes In Cash | ₹589.16L | -₹33.97L | ₹52.61L | ₹20.49L |
| End Cash Position | ₹647.68L | ₹58.53L | ₹92.51L | ₹39.90L |
| Financing Cash Flow | ₹412.48L | -₹114.97L | -₹209.38L | -₹230.38L |
| Investing Cash Flow | ₹155.05L | -₹104.81L | ₹11.72L | ₹53.11L |
| Operating Cash Flow | ₹21.63L | ₹185.81L | ₹250.27L | ₹197.76L |
| Capital Expenditure | -₹41.19L | ₹0.00L | -₹38.25L | -₹17.46L |
| Beginning Cash Position | ₹58.52L | ₹92.51L | ₹39.90L | ₹19.41L |
| Issuance Of Capital Stock | ₹567.65L | ₹0.00L | ₹0.00L | ₹0.00L |
Income Statement
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 |
|---|---|---|---|---|---|
| EBIT | -₹247.23L | -₹47.95L | ₹151.35L | -₹469.62L | ₹0.00L |
| EBITDA | -₹129.98L | ₹60.85L | ₹315.80L | -₹252.84L | ₹0.00L |
| Basic EPS | -₹0.00L | -₹0.00L | ₹0.00L | -₹0.00L | ₹0.00L |
| Net Income | -₹250.15L | -₹91.73L | ₹97.55L | -₹505.46L | ₹0.00L |
| Diluted EPS | -₹0.00L | -₹0.00L | ₹0.00L | -₹0.00L | ₹0.00L |
| Gross Profit | ₹131.98L | ₹559.07L | ₹893.04L | ₹913.43L | ₹0.00L |
| Pretax Income | -₹290.49L | -₹108.34L | ₹79.86L | -₹552.15L | ₹0.00L |
| Tax Provision | ₹4.23L | ₹19.03L | ₹1.80L | -₹9.89L | ₹0.00L |
| Total Revenue | ₹1,689.50L | ₹855.01L | ₹1,233.26L | ₹1,252.48L | ₹0.00L |
| Cost Of Revenue | ₹1,557.52L | ₹295.94L | ₹340.22L | ₹339.05L | ₹0.00L |
| Total Expenses | ₹2,065.35L | ₹1,027.46L | ₹1,235.95L | ₹1,347.39L | ₹0.00L |
| Interest Expense | ₹43.26L | ₹60.39L | ₹71.49L | ₹82.53L | ₹0.00L |
| Operating Income | -₹375.85L | -₹172.45L | -₹2.69L | -₹94.91L | ₹0.00L |
| Tax Rate For Calcs | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Normalized EBITDA | -₹129.98L | ₹55.19L | ₹223.68L | ₹138.52L | ₹0.00L |
| Normalized Income | -₹250.15L | -₹95.69L | ₹7.51L | -₹121.11L | ₹0.00L |
| Operating Expense | ₹507.83L | ₹731.52L | ₹895.73L | ₹1,008.34L | ₹0.00L |
| Operating Revenue | ₹1,689.50L | ₹855.01L | ₹1,233.26L | ₹1,252.48L | ₹0.00L |
| Net Interest Income | -₹43.26L | -₹60.39L | -₹71.02L | -₹94.48L | ₹0.00L |
| Total Unusual Items | ₹0.00L | ₹5.66L | ₹92.12L | -₹391.36L | ₹0.00L |
| Basic Average Shares | ₹54.81L | ₹54.62L | ₹54.62L | ₹54.62L | ₹0.00L |
| Diluted Average Shares | ₹54.81L | ₹54.62L | ₹54.62L | ₹54.62L | ₹0.00L |
| Other Operating Expenses | ₹208.97L | ₹433.21L | ₹136.80L | ₹170.94L | ₹0.00L |
| Reconciled Depreciation | ₹117.25L | ₹108.80L | ₹164.45L | ₹216.78L | ₹0.00L |
| Reconciled Cost Of Revenue | ₹1,557.52L | ₹295.94L | ₹340.22L | ₹339.05L | ₹0.00L |
| Tax Effect Of Unusual Items | ₹0.00L | ₹1.70L | ₹2.08L | -₹7.01L | ₹0.00L |
| Interest Expense Non Operating | ₹43.26L | ₹60.39L | ₹71.49L | ₹82.53L | ₹0.00L |
| Net Income Common Stockholders | -₹250.15L | -₹91.73L | ₹97.55L | -₹505.46L | ₹0.00L |
| Net Income Continuous Operations | -₹294.72L | -₹127.37L | ₹78.06L | -₹542.26L | ₹0.00L |
| Diluted NIAvailto Com Stockholders | -₹250.15L | -₹91.73L | ₹97.55L | -₹505.46L | ₹0.00L |
| Otherunder Preferred Stock Dividend | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Unusual Items Excluding Goodwill | ₹0.00L | ₹5.66L | ₹92.12L | -₹391.36L | ₹0.00L |
| Net Non Operating Interest Income Expense | -₹43.26L | -₹60.39L | -₹71.02L | -₹94.48L | ₹0.00L |
| Net Income Including Noncontrolling Interests | -₹294.72L | -₹127.37L | ₹78.06L | -₹542.26L | ₹0.00L |
| Net Income From Continuing And Discontinued Operation | -₹250.15L | -₹91.73L | ₹97.55L | -₹505.46L | ₹0.00L |
| Net Income From Continuing Operation Net Minority Interest | -₹250.15L | -₹91.73L | ₹97.55L | -₹505.46L | ₹0.00L |
Company Performance (FY23–FY26)
₹16.9 Cr₹12.7 Cr₹8.4 Cr₹4.2 Cr₹0
FY23FY24FY25FY26
Directors
| Appointment | Director name | DIN | Designation | |
|---|---|---|---|---|
| 01/07/2003 | Viral Pradipkumar Desai | 00029219 | Managing Director | View other directorships |
| 21/08/2004 | Sanjay Natwarlal Mehta | 00002817 | Director | View other directorships |
| 09/08/2018 | Naresh Gupta | *****1117H | CFO | |
| 10/11/2020 | Paras Desai | 08293906 | Whole-time director | View other directorships |
| 04/08/2022 | Shefali Pranav Desai | 09694363 | Director | View other directorships |
| 09/02/2023 | Urvi Tulesh Shinde | *****1590M | Company Secretary | |
| 01/01/2024 | Jigneshkumar Rameshchandra Desai | 00335703 | Director | View other directorships |
| 01/01/2024 | Rajendra Navinchandra Chokhawala | 01585000 | Director | View other directorships |
| 10/11/2025 | Dharmesh Vinodbhai Desai | 00292502 | Additional Director | View other directorships |
Business Network
CompanyDirectorNot on WeeDooBoard seatKey rolePast seatOwnership
Directors 9
- Viral Pradipkumar DesaiManaging Director
- Paras DesaiWhole-time director
- Jigneshkumar Rameshchandra DesaiDirector
- Rajendra Navinchandra ChokhawalaDirector
- Shefali Pranav DesaiDirector
- Sanjay Natwarlal MehtaDirector
- Dharmesh Vinodbhai DesaiAdditional Director
- Urvi Tulesh ShindeCompany Secretary
- Naresh GuptaCFO
Latest Documents
Category:
| Date | Title | Size |
|---|---|---|
| 25/11/2024 | Form MGT-7-25112024 | - |
| 25/11/2024 | Form MGT-7-25112024_signed | - |
| 24/11/2024 | Form AOC-4(XBRL)-24112024_signed | - |
Charges
| SRN | Date | Amount | Holder |
|---|---|---|---|
| AA9734495 | 07/03/2023 | ₹4,60,34,000.00 | Kotak Mahindra Bank Limited |
| AA1107339 | 24/08/2020 | ₹1,57,00,000.00 | Sidbi |
| AA8223087 | 08/03/2018 | ₹4,82,00,000.00 | Icici Bank Limited |
| AA1156080 | 19/01/2018 | ₹4,30,00,000.00 | The Surat Dist. Co-op. Bank Ltd. |
| AA1107384 | 30/08/2017 | ₹5,20,00,000.00 | Sidbi |
| AA1107409 | 29/03/2017 | ₹9,00,00,000.00 | Sidbi |
| C57708299 | 03/03/2015 | ₹1,92,81,311.00 | State Bank Of India |
| C45277639 | 17/08/2011 | ₹41,56,00,000.00 | State Bank Of India - Lead Bank |
| C48132070 | 21/10/2010 | ₹1,03,00,000.00 | Department Of Biotechnology |
| C45278124 | 26/08/2010 | ₹41,56,00,000.00 | State Bank Of India - Lead Bank |
| C47867619 | 08/07/2010 | ₹2,49,23,000.00 | Biotechnology Industry Research Assistance Council |
| B06823587 | 01/12/2008 | ₹15,00,000.00 | Kotak Mahindra Bank Limited |
| B08865321 | 24/07/2007 | ₹33,96,00,000.00 | Kotak Mahindra Bank Limited |
| A26775643 | 07/05/2007 | ₹3,32,20,000.00 | Icici Bank Limited |
| A81810178 | 12/04/2007 | ₹36,42,000.00 | Kotak Mahindra Bank Limited |
| A84176155 | 27/04/2006 | ₹23,27,00,000.00 | State Bank Of India |
| A25517541 | 07/03/2006 | ₹23,27,00,000.00 | State Bank Of India |
| A20711602 | 30/04/2004 | ₹35,47,500.00 | Icici Home Finance Company Limited |
| A84176270 | 31/12/1993 | ₹3,01,29,000.00 | State Bank Of India |
| A84176452 | 05/09/1992 | ₹1,38,10,000.00 | State Bank Of India |
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Address
9th Floor, 902-904, Rajhans Bonista, Behind Ram Chowk Temple, Ghod Dod Road, Surat, Surat, Gujarat, India, 395007
Frequently Asked Questions
What is the incorporation date of Span Divergent Limited?
The incorporation date of Span Divergent Limited is 31/03/1980.
What is the authorized share capital and paid-up capital of Span Divergent Limited?
The authorized share capital of Span Divergent Limited is ₹15,00,00,000.00. The paid-up capital is ₹5,46,17,470.00.
Who are the current board members & directors of Span Divergent Limited?
The current board member of Span Divergent Limited are:
- Shefali Pranav Desai
- Sanjay Natwarlal Mehta
- Viral Pradipkumar Desai
- Naresh Gupta
- Paras Desai
- Urvi Tulesh Shinde
- Dharmesh Vinodbhai Desai
- Jigneshkumar Rameshchandra Desai
- Rajendra Navinchandra Chokhawala
What is the registered address of Span Divergent Limited?
The registered address of Span Divergent Limited is 9th Floor, 902-904, Rajhans Bonista, Behind Ram Chowk Temple, Ghod Dod Road, Surat, Surat, Gujarat, India, 395007.
What is the Corporate Identification Number of Span Divergent Limited?
The Corporate Identification Number of Span Divergent Limited is L74999GJ1980PLC003710.