Indian Company Master Data Made Simple
Span Divergent Limited
Profile data last updated: 17/01/2026
Since 1980, Span Divergent Limited has maintained a presence in the industry for 45 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 [email protected]. Span Divergent Limited’s leading executives are Tushar Sonawala (CFO) and Paras Desai (CFO).
Company Overview
- CIN
- Date of Incorporation
- 31/03/1980
- Company Status
- Active
- RoC
- Ahmedabad
- Registration Number
- Balance sheet date
- 2025-03-31
- 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
- [email protected]
- PAN
GST Numbers
| State | GST Number | Status |
|---|---|---|
| Gujarat | 24AADCS3977Q1ZM | Active |
| Karnataka | 29AADCS3977Q1ZC | Inactive |
| Maharashtra | 27AADCS3977Q1ZG | Active |
| West Bengal | 19AADCS3977Q1ZD | Inactive |
Balance Sheet
| Metric | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 | 31/03/2021 |
|---|---|---|---|---|---|
| Total Non Current Liabilities Net Minority Interest | ₹414.91L | ₹474.64L | ₹610.09L | ₹763.93L | ₹0.00L |
| Investment Properties | ₹0.00L | ₹0.00L | ₹26.29L | ₹36.59L | ₹0.00L |
| Total Liabilities Net Minority Interest | ₹3,204.36L | ₹3,175.46L | ₹3,395.01L | ₹3,075.72L | ₹0.00L |
| Accumulated Depreciation | -₹1,703.47L | -₹1,593.35L | -₹1,617.05L | -₹1,419.04L | ₹0.00L |
| Tangible Book Value | -₹282.11L | -₹190.93L | -₹289.43L | ₹214.57L | ₹0.00L |
| Long Term Debt | ₹240.22L | ₹341.41L | ₹483.88L | ₹554.54L | ₹0.00L |
| Goodwill | ₹0.00L | ₹0.00L | ₹2.49L | ₹3.64L | ₹0.00L |
| Long Term Provisions | ₹82.39L | ₹48.65L | ₹17.88L | ₹64.06L | ₹0.00L |
| Current Debt And Capital Lease Obligation | ₹576.27L | ₹547.69L | ₹582.54L | ₹671.63L | ₹0.00L |
| Machinery Furniture Equipment | ₹858.04L | ₹858.57L | ₹928.73L | ₹921.51L | ₹0.00L |
| Total Assets | ₹2,320.23L | ₹2,418.69L | ₹2,559.21L | ₹2,782.56L | ₹0.00L |
| Total Equity Gross Minority Interest | -₹884.13L | -₹756.77L | -₹835.80L | -₹293.16L | ₹0.00L |
| Gross PPE | ₹2,666.28L | ₹2,666.02L | ₹2,897.40L | ₹2,890.00L | ₹0.00L |
| Common Stock | ₹546.17L | ₹546.17L | ₹546.17L | ₹546.17L | ₹0.00L |
| Total Capitalization | -₹40.46L | ₹152.67L | ₹200.01L | ₹776.62L | ₹0.00L |
| Total Debt | ₹835.34L | ₹911.23L | ₹1,115.06L | ₹1,319.31L | ₹0.00L |
| Goodwill And Other Intangible Assets | ₹1.43L | ₹2.19L | ₹5.56L | ₹7.51L | ₹0.00L |
| Other Equity Interest | -₹826.85L | -₹734.91L | -₹830.05L | -₹324.09L | ₹0.00L |
| Other Non Current Liabilities | ₹26.85L | ₹29.84L | ₹33.32L | ₹37.62L | ₹0.00L |
| Capital Stock | ₹546.17L | ₹546.17L | ₹546.17L | ₹546.17L | ₹0.00L |
| Additional Paid In Capital | ₹181.43L | ₹181.43L | ₹181.43L | ₹181.43L | ₹0.00L |
| Total Non Current Assets | ₹1,081.97L | ₹1,211.70L | ₹1,397.26L | ₹1,586.14L | ₹0.00L |
| Cash Cash Equivalents And Short Term Investments | ₹690.42L | ₹563.08L | ₹436.44L | ₹524.83L | ₹0.00L |
| Invested Capital | ₹523.92L | ₹670.44L | ₹709.90L | ₹1,349.14L | ₹0.00L |
| Net Tangible Assets | -₹282.11L | -₹190.93L | -₹289.43L | ₹214.57L | ₹0.00L |
| Cash And Cash Equivalents | ₹58.53L | ₹92.51L | ₹39.90L | ₹19.41L | ₹0.00L |
| Prepaid Assets | ₹237.03L | ₹279.47L | ₹289.10L | ₹250.56L | ₹0.00L |
| Stockholders Equity | -₹280.68L | -₹188.74L | -₹283.87L | ₹222.08L | ₹0.00L |
| Other Short Term Investments | ₹631.89L | ₹470.57L | ₹396.54L | ₹505.42L | ₹0.00L |
| Share Issued | ₹54.62L | ₹54.62L | ₹54.62L | ₹54.62L | ₹0.00L |
| Current Assets | ₹1,238.26L | ₹1,206.99L | ₹1,161.95L | ₹1,196.42L | ₹0.00L |
| Working Capital | -₹1,551.19L | -₹1,493.83L | -₹1,622.97L | -₹1,115.37L | ₹0.00L |
| Net Debt | ₹746.07L | ₹766.67L | ₹953.87L | ₹1,107.65L | ₹0.00L |
| Ordinary Shares Number | ₹54.62L | ₹54.62L | ₹54.62L | ₹54.62L | ₹0.00L |
| Current Debt | ₹564.38L | ₹517.77L | ₹509.89L | ₹572.52L | ₹0.00L |
| Long Term Debt And Capital Lease Obligation | ₹259.07L | ₹363.54L | ₹532.52L | ₹647.68L | ₹0.00L |
| Current Liabilities | ₹2,789.45L | ₹2,700.82L | ₹2,784.92L | ₹2,311.79L | ₹0.00L |
| Retained Earnings | -₹1,050.34L | -₹958.40L | -₹1,053.53L | -₹547.58L | ₹0.00L |
| Net PPE | ₹962.81L | ₹1,072.67L | ₹1,280.35L | ₹1,470.96L | ₹0.00L |
| Construction In Progress | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Common Stock Equity | -₹280.68L | -₹188.74L | -₹283.87L | ₹222.08L | ₹0.00L |
| Other Intangible Assets | ₹1.43L | ₹2.19L | ₹3.07L | ₹3.87L | ₹0.00L |
| Inventory | ₹99.95L | ₹118.20L | ₹160.56L | ₹177.63L | ₹0.00L |
| Other Properties | ₹442.53L | ₹441.74L | ₹556.60L | ₹556.42L | ₹0.00L |
Cash Flow
| Metric | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 |
|---|---|---|---|---|
| Changes In Cash | -₹33.96L | ₹52.61L | ₹20.49L | -₹51.85L |
| Financing Cash Flow | -₹114.96L | -₹209.38L | -₹230.38L | -₹549.64L |
| Investing Cash Flow | -₹104.81L | ₹11.72L | ₹53.11L | -₹205.28L |
| Free Cash Flow | ₹185.81L | ₹212.02L | ₹180.30L | ₹703.07L |
| End Cash Position | ₹58.53L | ₹92.51L | ₹39.90L | ₹19.41L |
| Other Cash Adjustment Outside Changein Cash | -₹0.02L | ₹0.00L | ₹0.01L | ₹0.00L |
| Beginning Cash Position | ₹92.51L | ₹39.90L | ₹19.41L | ₹71.26L |
| Operating Cash Flow | ₹185.81L | ₹250.27L | ₹197.76L | ₹703.07L |
Income Statement
| Metric | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 |
|---|---|---|---|---|
| Rent Expense Supplemental | ₹3.38L | ₹3.11L | ₹11.50L | ₹11.45L |
| Net Income From Continuing Operation Net Minority Interest | -₹91.73L | ₹97.55L | -₹505.46L | -₹980.01L |
| EBITDA | ₹60.85L | ₹315.80L | -₹252.84L | -₹712.16L |
| Basic EPS | -₹0.00L | ₹0.00L | -₹0.00L | -₹0.00L |
| Total Expenses | ₹1,043.89L | ₹1,235.95L | ₹1,347.39L | ₹1,427.38L |
| Total Unusual Items | ₹49.65L | ₹92.12L | -₹391.36L | -₹864.49L |
| Operating Revenue | ₹896.01L | ₹1,233.26L | ₹1,252.48L | ₹1,308.78L |
| Tax Effect Of Unusual Items | ₹14.90L | ₹2.08L | -₹7.01L | -₹18.03L |
| Total Unusual Items Excluding Goodwill | ₹49.65L | ₹92.12L | -₹391.36L | -₹864.49L |
| Interest Income Non Operating | ₹15.90L | ₹1.23L | ₹5.75L | ₹10.24L |
| Interest Income | ₹15.90L | ₹1.23L | ₹5.75L | ₹10.24L |
| Interest Expense Non Operating | ₹60.39L | ₹71.49L | ₹82.53L | ₹108.04L |
| Net Income From Continuing And Discontinued Operation | -₹91.73L | ₹97.55L | -₹505.46L | -₹980.01L |
| General And Administrative Expense | ₹37.61L | ₹27.87L | ₹29.92L | ₹32.49L |
| Reconciled Depreciation | ₹108.80L | ₹164.45L | ₹216.78L | ₹216.71L |
| Net Income Continuous Operations | -₹127.37L | ₹78.06L | -₹542.26L | -₹1,015.28L |
| Reconciled Cost Of Revenue | ₹343.17L | ₹340.22L | ₹339.05L | ₹500.78L |
| Operating Income | -₹147.88L | -₹2.69L | -₹94.91L | -₹118.60L |
| Net Income | -₹91.73L | ₹97.55L | -₹505.46L | -₹980.01L |
| Diluted Average Shares | ₹54.62L | ₹54.62L | ₹54.62L | ₹54.62L |
| Selling And Marketing Expense | ₹14.45L | ₹9.56L | ₹8.21L | ₹8.44L |
| Normalized Income | -₹126.49L | ₹7.51L | -₹121.11L | -₹133.55L |
| Total Other Finance Cost | ₹0.08L | ₹0.76L | ₹17.70L | ₹0.17L |
| Net Non Operating Interest Income Expense | -₹44.57L | -₹71.02L | -₹94.48L | -₹97.97L |
| EBIT | -₹47.95L | ₹151.35L | -₹469.62L | -₹928.87L |
| Gross Profit | ₹552.84L | ₹893.04L | ₹913.43L | ₹808.00L |
| Cost Of Revenue | ₹343.17L | ₹340.22L | ₹339.05L | ₹500.78L |
| Diluted NIAvailto Com Stockholders | -₹91.73L | ₹97.55L | -₹505.46L | -₹980.01L |
| Net Interest Income | -₹44.57L | -₹71.02L | -₹94.48L | -₹97.97L |
| Normalized EBITDA | ₹11.20L | ₹223.68L | ₹138.52L | ₹152.33L |
| Operating Expense | ₹700.72L | ₹895.73L | ₹1,008.34L | ₹926.60L |
| Net Income Common Stockholders | -₹91.73L | ₹97.55L | -₹505.46L | -₹980.01L |
| Pretax Income | -₹108.34L | ₹79.86L | -₹552.15L | -₹1,036.91L |
| Tax Rate For Calcs | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Revenue | ₹896.01L | ₹1,233.26L | ₹1,252.48L | ₹1,308.78L |
| Selling General And Administration | ₹52.06L | ₹37.43L | ₹38.13L | ₹40.93L |
| Other Operating Expenses | ₹93.39L | ₹136.80L | ₹170.94L | ₹133.38L |
| Diluted EPS | -₹0.00L | ₹0.00L | -₹0.00L | -₹0.00L |
| Interest Expense | ₹60.39L | ₹71.49L | ₹82.53L | ₹108.04L |
| Basic Average Shares | ₹54.62L | ₹54.62L | ₹54.62L | ₹54.62L |
| Tax Provision | ₹19.03L | ₹1.80L | -₹9.89L | -₹21.63L |
| Net Income Including Noncontrolling Interests | -₹127.37L | ₹78.06L | -₹542.26L | -₹1,015.28L |
| Otherunder Preferred Stock Dividend | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
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 | Tushar Sonawala | *****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 |
Latest Documents
Category:
| Date | Title | Size |
|---|---|---|
| 25/11/2024 | Form MGT-7-25112024_signed | - |
| 25/11/2024 | Form MGT-7-25112024 | - |
| 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
- Tushar Sonawala
- 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.