Sparco Multiplast Private Limited

Manufacturer of warning tapes/mats and cable protection covers for locating underground utilities.

2006 | Daskroi, Gujarat (India) | Active
Last Updated: June 16, 2024

Sparco Multiplast Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.96 Cr
  • Company Age 18 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 27.45 Cr
  • Satisfied Charges ₹ 4.51 Cr
  • Revenue Growth 55.52%
  • Profit Growth -8.36%
  • Ebitda -0.07%
  • Net Worth 6.15%
  • Total Assets 6.64%

About Sparco Multiplast

Sparco Multiplast Private Limited (SMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 February 2006 and has a history of 18 years and 11 months. Its registered office is in Daskroi, Gujarat, India.

The Company is engaged in the Packaging Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 2.96 Cr.

The company currently has active open charges totaling ₹27.45 Cr. The company has closed loans amounting to ₹4.51 Cr, as per Ministry of Corporate Affairs (MCA) records.

Neetaben Shah and Priteshkumar Shah serve as directors at the Company.

Company Details

  • Location

    Daskroi, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25200GJ2006PTC047806

  • Company No.

    047806

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Feb 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Packaging

What products or services does Sparco Multiplast Private Limited offer?

Sparco Multiplast Private Limited offers a wide range of products and services, including Reflective Products & Holograms, Reflective Tapes, Warning Tape, Safety Tapes, Barricade Tape, Electric Tape, Cable Tape, Barcode, Stickers & Luggage Tags, Tags, Banners, Signs & Nameplates.

Who are the key members and board of directors at Sparco Multiplast?

Executive Team (2)

Name Designation Appointment Date Status
Neetaben Shah Country flag representing In Managing Director 24-Feb-2006 Current
Priteshkumar Shah Country flag representing In Managing Director 24-Feb-2006 Current

Board Members

People

No Directors or KMP associated with company. Upon reviewing the records, we can confirm that there are no Directors or Key Management Personnel (KMP) associated with this company at present.

Financial Performance of Sparco Multiplast.

Sparco Multiplast Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 55.52% increase. The company also saw a slight decrease in profitability, with a 8.36% decrease in profit. The company's net worth moved up by a moderate rise of 6.15%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
55.52%
Revenue from Operations
56.07%
Total Assets
6.64%
Profit or Loss
-8.36%
Net Worth
6.15%
EBITDA
-0.07%

What is the Ownership and Shareholding Structure of Sparco Multiplast?

In 2023, Sparco Multiplast had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹27.45 Cr

Satisfied Charges

₹4.51 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 25.50 Cr
  • Others : 1.95 Cr

Latest Charge Details

Date Lender Amount Status
02 Dec 2022 Others ₹1.95 Cr Open
28 Sep 2018 Axis Bank Limited ₹12.75 Cr Open
29 Jan 2018 Axis Bank Limited ₹12.75 Cr Open
05 Nov 2015 Bank Of Baroda ₹9.00 M Satisfied
02 Aug 2013 Bank Of Baroda ₹1.00 Cr Satisfied

How Many Employees Work at Sparco Multiplast?

Sparco Multiplast has a workforce of 14 employees as of Mar 28, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sparco Multiplast, 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 Sparco Multiplast's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Sparco Multiplast

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 1.95 Cr registered on 02 Dec 2022 with Charge ID 100659226 was modified on 23 Oct 2023.

    23 Oct 2023

  • Annual General Meeting

    Sparco Multiplast Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Sparco Multiplast Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 1.95 Cr with Charge ID 100659226 was registered on 02 Dec 2022.

    02 Dec 2022

  • Charges

    A charge with Axis Bank Limited of Rs. 12.75 Cr registered on 28 Sep 2018 with Charge ID 100211618 was modified on 06 Apr 2022.

    06 Apr 2022

  • Charges

    A charge with Axis Bank Limited of Rs. 12.75 Cr registered on 29 Jan 2018 with Charge ID 100159109 was modified on 06 Apr 2022.

    06 Apr 2022

Frequently asked questions

  • Sparco Multiplast Private Limited was incorporated on 24 Feb 2006.

  • The authorized share capital of Sparco Multiplast Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.96 Cr.

  • Currently 2 directors are associated with Sparco Multiplast Private Limited.

    • Neetaben Priteshkumar Shah
    • Priteshkumar Ashokkumar Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sparco Multiplast Private Limited is 706707708 7Th Floor Palak Prime Opposite Double Tree Hilton Hotel, Ambli Road Ambli, Daskroi, Gujarat, India, 380058.

  • The corporate identification number (CIN) of Sparco Multiplast Private Limited is U25200GJ2006PTC047806 and the company number is 047806 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sparco Multiplast Private Limited is https://www.warmate.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sparco Multiplast Private Limited has risen by 55.52%.

  • As Per 2023 financial reports, 14 employees are currently employed by Sparco Multiplast Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sparco Multiplast Private Limited has experienced an upsurge of 6.15%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sparco Multiplast Private Limited amount to ₹ 27.45 Cr.

  • The most recent Balance Sheet for Sparco Multiplast Private Limited was filed with the ROC on 31 Mar 2023.