Spark Financial Holdings Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 1.25 M
- Company Age 3 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 36.70 Cr
- Satisfied Charges ₹ 130.00 Cr
- Revenue Growth 44.89%
- Profit Growth 11.41%
- Ebitda -3.87%
- Net Worth 110.50%
- Total Assets 9.63%
About Spark Financial Holdings
Spark Financial Holdings Private Limited (SFHPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 October 2021 (Three years and four months 25 days old ). Its registered office is in Chennai, Tamil Nadu, India.
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.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- 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
Financial Services
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 Asia Impact Private Limited
Ramamurthy Kapil and Yechuri Rao are mutual person
- Spark Asia Impact Managers Private Limited
Suresh Valliappan and Yechuri Rao are mutual person
- Spark Pwm Private Limited
Suresh Valliappan and Yechuri Rao are mutual person
- Kartwheel Kids Private Limited
Ramamurthy Kapil and Yechuri Rao are mutual person
- Spark Fund Advisors Llp
Suresh Valliappan and Yechuri Rao are mutual person
Charges (Loans)
Open Charges
₹36.70 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Spark Financial Holdings
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 2.20 Cr with Charge ID 100817807 was registered on 01 Nov 2023.
- Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100810684 was registered on 18 Oct 2023.
- Annual General Meeting
Spark Financial Holdings Private Limited last Annual general meeting of members was held on 22 Sep 2023 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 29.50 Cr with Charge ID 100765157 was registered on 18 Jul 2023.
- Balance Sheet
Spark Financial Holdings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
- Charges
A charge registered on 14 Sep 2022 via Charge ID 100611904 with Others was fully satisfied on 21 Mar 2023.
Frequently asked questions
What is the Incorporation or founding date of Spark Financial Holdings Private Limited?
Spark Financial Holdings Private Limited was incorporated on 14 Oct 2021.
What is authorized share capital and paid-up capital of Spark Financial Holdings Private Limited?
The authorized share capital of Spark Financial Holdings Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.25 M.
Who are the current board members & directors of Spark Financial Holdings Private Limited?
Currently 4 directors are associated with Spark Financial Holdings Private Limited.
- Vaishnavi
- Ramamurthy Kapil
- Suresh Babu Valliappan
- Yechuri Rama Rao
What is the registered address of Spark Financial Holdings Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Spark Financial Holdings Private Limited is No. 1 3Rd Floor First Crescent Park Road Gandhi Nagar, Adyar India, Chennai, Tamil Nadu, 600020.
What is the corporate identification number (CIN) and company number of Spark Financial Holdings Private Limited?
The corporate identification number (CIN) of Spark Financial Holdings Private Limited is U74999TN2021PTC147113 and the company number is 147113 as per Ministry of Corporate Affairs (MCA).
What is the official website of Spark Financial Holdings Private Limited?
The Official website of Spark Financial Holdings Private Limited is https://www.sparkcapital.in
What has been the recent revenue trend for Spark Financial Holdings Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Spark Financial Holdings Private Limited has risen by 44.89%.
How many employees does Spark Financial Holdings Private Limited currently have?
As Per 2023 financial reports, 77 employees are currently employed by Spark Financial Holdings Private Limited.
What change has been observed in the net worth of Spark Financial Holdings Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Spark Financial Holdings Private Limited has experienced an upsurge of 110.50%.
What are the total open charges for Spark Financial Holdings Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Spark Financial Holdings Private Limited amount to ₹ 36.70 Cr.
When was the last Balance Sheet of Spark Financial Holdings Private Limited filed with the ROC?
The most recent Balance Sheet for Spark Financial Holdings Private Limited was filed with the ROC on 31 Mar 2023.