Sparity Soft Technologies Private Limited

Software development and export services for IT products, including design, development, and sales.

2010 | Hyderabad, Telangana (India) | Active
Last Updated: November 16, 2024

Sparity Soft Technologies Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 0.90 M
  • Company Age 14 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 0.60 M
  • Satisfied Charges ₹ 4.00 M
  • Revenue Growth 62.01%
  • Profit Growth -103.58%
  • Ebitda 254.87%
  • Net Worth -0.74%
  • Total Assets 51.00%

About Sparity Soft Technologies

Sparity Soft Technologies Private Limited (SSTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 August 2010 and has a history of 14 years and five months. Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Information Technology 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 5.00 M and a paid-up capital of Rs 0.90 M.

The company currently has active open charges totaling ₹0.60 M. The company has closed loans amounting to ₹4.00 M, as per Ministry of Corporate Affairs (MCA) records.

Srikanth Konda, Paladugu Kumar, and Sreerekha Konda serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sparity.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72300TG2010PTC070221

  • Company No.

    070221

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Aug 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Information Technology

Who are the key members and board of directors at Sparity Soft Technologies?

Board Members (3)

NameDesignationAppointment DateStatus
Srikanth Konda Country flag representing In Director 30-Aug-2010Current
Paladugu Kumar Country flag representing In Director 27-Nov-2013Current
Sreerekha Konda Country flag representing Us Director 30-Aug-2010Current

Financial Performance of Sparity Soft Technologies.

Sparity Soft Technologies Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 62.01% increase. The company also saw a substantial fall in profitability, with a 103.58% decrease in profit. The company's net worth dipped by a decrease of 0.74%.

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
62.01%
Revenue from Operations
71.53%
Total Assets
51.00%
Profit or Loss
-103.58%
Net Worth
-0.74%
EBITDA
254.87%

What is the Ownership and Shareholding Structure of Sparity Soft Technologies?

In 2023, Sparity Soft Technologies 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

₹0.60 M

Satisfied Charges

₹4.00 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.06 Cr

Latest Charge Details

DateLenderAmountStatus
07 Nov 2013Hdfc Bank Limited₹0.60 MOpen
24 Apr 2013State Bank Of India₹4.00 MSatisfied

How Many Employees Work at Sparity Soft Technologies?

Sparity Soft Technologies has a workforce of 88 employees as of Apr 10, 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 Sparity Soft Technologies, 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 Sparity Soft Technologies'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 Sparity Soft Technologies

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Sparity Soft Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Director Appointment

    Paladugu Suresh Kumar was appointed as a Director was appointed as a Director on 27 Nov 2013 & has been associated with this company since 11 years 2 months .

    27 Nov 2013

  • Charges

    A charge registered on 24 Apr 2013 via Charge ID 10422338 with State Bank Of India was fully satisfied on 26 Nov 2013.

    26 Nov 2013

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.60 M with Charge ID 10461189 was registered on 07 Nov 2013.

    07 Nov 2013

  • Charges

    A charge with State Bank Of India amounted to Rs. 4.00 M with Charge ID 10422338 was registered on 24 Apr 2013.

    24 Apr 2013

Frequently asked questions

  • Sparity Soft Technologies Private Limited was incorporated on 30 Aug 2010.

  • The authorized share capital of Sparity Soft Technologies Private Limited is ₹ 5.00 M and paid-up capital is ₹ 0.90 M.

  • Currently 3 directors are associated with Sparity Soft Technologies Private Limited.

    • Srikanth Konda
    • Paladugu Suresh Kumar
    • Sreerekha Konda
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sparity Soft Technologies Private Limited is Door No. 7-1-618/Atc/510 5Th Flor Aditya Trade Centre, Ameerpet India, Hyderabad, Telangana, 500038.

  • The corporate identification number (CIN) of Sparity Soft Technologies Private Limited is U72300TG2010PTC070221 and the company number is 070221 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sparity Soft Technologies Private Limited is https://www.sparity.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sparity Soft Technologies Private Limited has risen by 62.01%.

  • As Per 2023 financial reports, 88 employees are currently employed by Sparity Soft Technologies Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sparity Soft Technologies Private Limited has experienced an downturn of -0.74%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sparity Soft Technologies Private Limited amount to ₹ 0.60 M.

  • The most recent Balance Sheet for Sparity Soft Technologies Private Limited was filed with the ROC on 31 Mar 2023.