Sparex Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
as on 21-06-2024
- Paid Up Capital ₹ 0.40 M
as on 21-06-2024
- Company Age 32 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 2.90 Cr
as on 21-06-2024
- Revenue 23.51%
(FY 2022)
- Profit 1293.62%
(FY 2022)
- Ebitda -265.37%
(FY 2022)
- Net Worth 3.45%
(FY 2022)
- Total Assets 3.31%
(FY 2022)
About Sparex
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 2023. 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.
- CIN/LLPIN
U29120GJ1992PTC018146
- Company No.
018146
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
11 Aug 1992
- Date of AGM
25 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Rajkot, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media-
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
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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 LimitedActive 12 years 8 monthsAbhishek Kamani, Devendra Dave and 1 more are mutual person
Zuri Hospitality Private LimitedActive 30 years 3 monthsAbhishek Kamani, Devendra Dave and 1 more are mutual person
Silver Springs Pleasure Resorts Private LimitedActive 12 years 8 monthsAbhishek Kamani, Devendra Dave and 1 more are mutual person
Zuri Hospitality Services LlpActive 14 years 30 daysAbhishek Kamani and Devendra Dave are mutual person
- Zuri Energy Private LimitedActive 15 years 28 days
Abhishek Kamani, Devendra Dave and 1 more are mutual person
- Maisha Hospitality Private LimitedActive 24 years 10 months
Abhishek Kamani, Devendra Dave and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 11 Feb 2020 | ₹4.00 M | Satisfied |
Corporation Bank Creation Date: 23 Nov 2015 | ₹1.50 Cr | Satisfied |
Bank Of Baroda Creation Date: 28 Sep 2010 | ₹7.50 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.
