Sparex Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.40 M
- Company Age 32 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 2.90 Cr
- Revenue Growth 23.51%
- Profit Growth 1293.62%
- Ebitda -265.37%
- Net Worth 3.45%
- Total Assets 3.31%
About Sparex
Sparex Pvt Ltd (SPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 August 1992 and has a history of 32 years and six months. Its registered office is in Rajkot, Gujarat, India.
The Company is engaged in the Automotive 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 0.50 M and a paid-up capital of Rs 0.40 M.
The company has closed loans amounting to ₹2.90 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Abhishek Kamani, Priscilla Kamani, Devendra Dave, and One other member serve as directors at the Company.
Company Details
- Location
Rajkot, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U29120GJ1992PTC018146
- Company No.
018146
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
11 Aug 1992
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
What products or services does Sparex Pvt Ltd offer?
Sparex Pvt Ltd offers a wide range of products and services, including Engine & Engine Spare Parts, Engine Valve Guide, Bushings & Bushing Parts, Bushings, Engine Components, Cranes, Forklift & Lifting Machines, Metal Pulleys, Sewing,Knitting & Embroidery Machine, Sewing Machine Parts, Piston & Crankshaft Assemblies.
Who are the key members and board of directors at Sparex?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Abhishek Kamani  | Director | 14-Nov-2014 | Current |
| Priscilla Kamani | Director | 09-Feb-2015 | Current |
Devendra Dave  | Director | 14-Nov-2014 | Current |
| Kamani Vrajlal | Director | 01-Jun-1995 | Current |
Financial Performance of Sparex.
Sparex Pvt Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 23.51% increase. The company also saw a substantial improvement in profitability, with a 1293.62% increase in profit. The company's net worth moved up by a moderate rise of 3.45%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Sparex?
In 2019, Sparex had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Zuri Hotels And Resorts Private LimitedAbhishek Kamani, Devendra Dave and 1 more are mutual person
Zuri Hospitality Private LimitedAbhishek Kamani, Devendra Dave and 1 more are mutual person
Zuri Hospitality Services LlpAbhishek Kamani and Devendra Dave are mutual person
- Zuri Energy Private Limited
Abhishek Kamani, Devendra Dave and 1 more are mutual person
- Maisha Hospitality Private Limited
Abhishek Kamani, Devendra Dave and 1 more are mutual person
Charges (Loans)
₹0
₹29.00 M
Charges Breakdown by Lending Institutions
- Corporation Bank : 1.75 Cr
- Bank Of Baroda : 0.75 Cr
- Others : 0.40 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Feb 2020 | Others | ₹4.00 M | Satisfied |
| 23 Nov 2015 | Corporation Bank | ₹1.50 Cr | Satisfied |
| 28 Sep 2010 | Bank Of Baroda | ₹7.50 M | Satisfied |
| 14 Apr 1999 | Corporation Bank | ₹2.50 M | Satisfied |
How Many Employees Work at Sparex?
Sparex has a workforce of 2 employees as of Mar 29, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sparex, 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 Sparex'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.
