Sparc Electrex Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 12.41 Cr
- Company Age 35 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 9.50 M
- Revenue Growth -65.11%
- Profit Growth -67.11%
- Ebitda 25.22%
- Net Worth 19.59%
- Total Assets 29.97%
About Sparc Electrex
Sparc Electrex Limited (SEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 14 September 1989 and has a history of 35 years and six months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 531370.
The Company is engaged in the Machinery And Equipment Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 20.00 Cr and a paid-up capital of Rs 12.41 Cr.
The company currently has active open charges totaling ₹9.50 M.
The Key Managerial Personnel (KMP) at Sparc Electrex Limited India are Shobith Hegde as CFO and Ashish Mishra as Company Secretary. Shobith Hegde, Suresh Vishwanathan, Ravikumar Channappa, and Three other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L31100MH1989PLC053467
- Company No.
053467
- Stock Symbol
BSE : 531370
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
14 Sep 1989
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Machinery and Equipment
Information Technology
What products or services does Sparc Electrex Limited offer?
Sparc Electrex Limited offers a wide range of products and services, including Car & Vehicle GPS Devices, Vehicle Tracking Systems, IP Telephony System, Video Conferencing System.
Who are the key members and board of directors at Sparc Electrex?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shobith Hegde  | Managing Director | 19-Oct-2021 | Current |
| Ashish Mishra | Company Secretary | 19-Jun-2024 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Suresh Vishwanathan | Director | 30-Nov-2021 | Current |
| Ravikumar Channappa | Director | 27-Jun-2020 | Current |
| Ashok Patel | Director | 22-Apr-2022 | Current |
| Sushmita Lunkad | Director | 22-Apr-2022 | Current |
| Niraj Variava | Director | 08-Jun-2021 | Current |
Financial Performance 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Sparc Electrex?
In 2021, Sparc Electrex had a promoter holding of 24.51% and a public holding of 75.51%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Electrex International Private LimitedShobith Hegde is a mutual person
Aaquaries Global Industries LimitedAshish Mishra is a mutual person
Harish Textile Engineers LimitedSushmita Lunkad is a mutual person
Kbs India LimitedSushmita Lunkad is a mutual person
Anshoit Engineers Private LimitedShobith Hegde is a mutual person
- Electrex Power Tools Private Limited
Shobith Hegde is a mutual person
Charges (Loans)
Open Charges
₹0.95 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 0.95 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Mar 2023 | Others | ₹9.50 M | Open |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sparc Electrex, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Sparc Electrex's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
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.
- 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 9 months 7 days .
- Balance Sheet
Sparc Electrex Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Others amounted to Rs. 0.95 Cr with Charge ID 100710451 was registered on 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 11 months .
- 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 3 months .
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Sparc Electrex Limited?
Sparc Electrex Limited was incorporated on 14 Sep 1989.
What is authorized share capital and paid-up capital of Sparc Electrex Limited?
The authorized share capital of Sparc Electrex Limited is ₹ 20.00 Cr and paid-up capital is ₹ 12.41 Cr.
Who are the current board members & directors of Sparc Electrex Limited?
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
What is the registered address of Sparc Electrex Limited?
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.
What is the corporate identification number (CIN) and company number of Sparc Electrex Limited?
The corporate identification number (CIN) of Sparc Electrex Limited is L31100MH1989PLC053467 and the company number is 053467 as per Ministry of Corporate Affairs (MCA).
Is Sparc Electrex Limited registered with any stock exchange in India?
Yes, Sparc Electrex Limited is registered on Bombay Stock Exchange (BSE).
What is the official website of Sparc Electrex Limited?
The Official website of Sparc Electrex Limited is https://www.sparcsys.com
What has been the recent revenue trend for Sparc Electrex Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Sparc Electrex Limited has fallen by -65.11%.
What change has been observed in the net worth of Sparc Electrex Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Sparc Electrex Limited has experienced an upsurge of 19.59%.
What are the total open charges for Sparc Electrex Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Sparc Electrex Limited amount to ₹ 9.50 M.
When was the last Balance Sheet of Sparc Electrex Limited filed with the ROC?
The most recent Balance Sheet for Sparc Electrex Limited was filed with the ROC on 31 Mar 2024.
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