Spark Financial Holdings Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
as on 29-10-2024
- Paid Up Capital ₹ 1.25 M
as on 29-10-2024
- Company Age 3 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 36.70 Cr
as on 29-10-2024
- Satisfied Charges ₹ 130.00 Cr
as on 29-10-2024
- Revenue 44.89%
(FY 2023)
- Profit 11.41%
(FY 2023)
- Ebitda -3.87%
(FY 2023)
- Net Worth 110.50%
(FY 2023)
- Total Assets 9.63%
(FY 2023)
About Spark Financial Holdings
The Company is engaged in the Financial Services 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 1.00 Cr and a paid-up capital of Rs 1.25 M.
The company currently has active open charges totaling ₹36.70 Cr. The company has closed loans amounting to ₹130.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Spark Financial Holdings Private Limited India is Vaishnavi as CFO. Ramamurthy Kapil, Suresh Valliappan, and Yechuri Rao serve as directors at the Company.
- CIN/LLPIN
U74999TN2021PTC147113
- Company No.
147113
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
14 Oct 2021
- Date of AGM
22 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Spark Financial Holdings?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vaishnavi | CFO | 26-Nov-2022 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramamurthy Kapil  | Director | 14-Oct-2021 | Current |
| Suresh Valliappan | Director | 16-Jun-2022 | Current |
| Yechuri Rao | Director | 14-Oct-2021 | Current |
Financial Performance of Spark Financial Holdings.
Spark Financial Holdings Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 44.89% increase. The company also saw a substantial improvement in profitability, with a 11.41% increase in profit. The company's net worth Soared by an impressive increase of 110.5%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Spark Financial Holdings?
In 2023, Spark Financial Holdings had a promoter holding of 83.35% and a public holding of 16.66%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Spark Capital Advisors (India) Private LimitedActive 26 years 11 monthsRamamurthy Kapil, Suresh Valliappan and 1 more are mutual person
- Spark Asia Impact Private LimitedActive 6 years 6 months
Ramamurthy Kapil and Yechuri Rao are mutual person
- Spark Asia Impact Managers Private LimitedActive 6 years 7 months
Suresh Valliappan and Yechuri Rao are mutual person
- Spark Pwm Private LimitedActive 12 years 6 months
Suresh Valliappan and Yechuri Rao are mutual person
Kartwheel Kids Private LimitedActive 16 years 11 monthsRamamurthy Kapil and Yechuri Rao are mutual person
Charges (Loans)
₹36.70 Cr
₹130.00 Cr
Charges Breakdown by Lending Institutions
- Others : 36.70 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Nov 2023 | Others | ₹2.20 Cr | Open |
| 18 Oct 2023 | Others | ₹5.00 Cr | Open |
| 18 Jul 2023 | Others | ₹29.50 Cr | Open |
| 14 Sep 2022 | Others | ₹130.00 Cr | Satisfied |
How Many Employees Work at Spark Financial Holdings?
Spark Financial Holdings has a workforce of 77 employees as of Mar 30, 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 Spark Financial Holdings, 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 Spark Financial Holdings'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.