Sparc Electrex Limited logo

Sparc Electrex Limited

Manufacturer and online retailer of industrial tools and equipment, including power tools and woodworking tools.
1989 | Mumbai, Maharashtra (India) | Active

Last Updated:

November 16, 2024
HomeCompanySparc Electrex Limited

Who are the key members and board of directors at Sparc Electrex?

Executive Team (2)

NameDesignationAppointment DateStatus
Shobith Hegde InManaging Director19-Oct-2021Current
Ashish MishraCompany Secretary19-Jun-2024Current

Board Members(5)

NameDesignationAppointment DateStatus
Suresh Vishwanathan In Director 30-Nov-2021Current
Ravikumar Channappa In Director 27-Jun-2020Current
Ashok Patel In Director 22-Apr-2022Current
Sushmita Lunkad In Director 22-Apr-2022Current
Niraj Variava In Director 08-Jun-2021Current

Financial Performance and Corporate Structure Insights of Sparc Electrex.

Sparc Electrex Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 65.11% decrease. The company also saw a substantial fall in profitability, with a 67.11% decrease in profit. The company's net worth Soared by an impressive increase of 19.59%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-65.11%
Revenue from Operations
-63.13%
Total Assets
29.97%
Profit or Loss
-67.11%
Net Worth
19.59%
EBITDA
25.22%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹0.95 Cr

LenderAmountStatus

Others

Creation Date: 31 Mar 2023
₹9.50 MOpen

How Many Employees Work at Sparc Electrex?

Unlock and access historical data on people associated with Sparc Electrex, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Graph

Deals i

Rating

Alerts

Latest Updates, News, and FAQs on Sparc Electrex

Recent activity within the organization

  • Annual General Meeting

    Sparc Electrex Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Ashish Mishra was appointed as a Company Secretary was appointed as a Company Secretary on 19 Jun 2024 & has been associated with this company since 6 months 2 days .

    19 Jun 2024

  • Balance Sheet

    Sparc Electrex Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 0.95 Cr with Charge ID 100710451 was registered on 31 Mar 2023.

    31 Mar 2023

  • Director Appointment

    Ashok Chhaganbhai Patel was appointed as a Director was appointed as a Director on 22 Apr 2022 & has been associated with this company since 2 years 7 months .

    22 Apr 2022

  • Director Appointment

    Suresh Vishwanathan was appointed as a Director was appointed as a Director on 30 Nov 2021 & has been associated with this company since 3 years 20 days .

    30 Nov 2021

Recent News, Updates & Announcement

Frequently asked questions

  • Sparc Electrex Limited was incorporated on 14 Sep 1989.

  • The authorized share capital of Sparc Electrex Limited is ₹ 20.00 Cr and paid-up capital is ₹ 12.41 Cr.

  • Currently 8 directors are associated with Sparc Electrex Limited.

    • Shobith Ganesh Hegde
    • Suresh Vishwanathan
    • Ravikumar Byrapatna Channappa
    • Ashok Chhaganbhai Patel
    • Sushmita Swarup Lunkad
    • Niraj Hareshbhai Variava
    • Shobith Ganesh Hegde
    • Ashish Mishra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sparc Electrex Limited is 1202 12Th Floor Esperanza Building Next To Bank Of Baroda 198 Linking Road Bandra (We St), India, Mumbai, Maharashtra, 400050.

  • The corporate identification number (CIN) of Sparc Electrex Limited is L31100MH1989PLC053467 and the company number is 053467 as per Ministry of Corporate Affairs (MCA).

  • Yes, Sparc Electrex Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Sparc Electrex Limited is https://www.sparcsys.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sparc Electrex Limited has fallen by -65.11%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sparc Electrex Limited has experienced an upsurge of 19.59%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sparc Electrex Limited amount to ₹ 9.50 M.

  • The most recent Balance Sheet for Sparc Electrex Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Electronic Components & Equipment Manufacturing