Sparc Electrex Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 12.41 Cr
- Company Age 35 Year, 5 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 five 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
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%.
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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)
₹0.95 Cr
₹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.
