Spark Institutional Equities Private Limited

Provides institutional broking services in Tamil Nadu since 2022.

2022 | Chennai, Tamil Nadu (India) | Active
Last Updated: January 10, 2025

Spark Institutional Equities Profile

Key Indicators

  • Authorised Capital ₹ 5.70 Cr
  • Paid Up Capital ₹ 3.99 Cr
  • Company Age 3 Year, 4 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 670.00 Cr

About Spark Institutional Equities

Spark Institutional Equities Private Limited (SIEPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 January 2022 (Three years 4 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 2024. It's a company limited by shares with an authorized capital of Rs 5.70 Cr and a paid-up capital of Rs 3.99 Cr.

The company currently has active open charges totaling ₹670.00 Cr.

Sameer Kamath and Harikesh Venkatachalam 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

    U65999TN2022PTC149473

  • Company No.

    149473

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Jan 2022

  • Date of AGM

    29 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

Who are the key members and board of directors at Spark Institutional Equities?

Board Members (2)

Name Designation Appointment Date Status
Sameer Kamath Country flag representing In Nominee Director 20-Dec-2022 Current
Harikesh Venkatachalam Country flag representing In Whole-Time Director 19-Jul-2024 Current

Financial Performance of Spark Institutional Equities.

Spark Institutional Equities Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

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
Revenue from Operations
Total Assets
Profit or Loss
Net Worth
EBITDA

What is the Ownership and Shareholding Structure of Spark Institutional Equities?

In 2023, Spark Institutional Equities had a promoter holding of 84.03% and a public holding of 15.97%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹670.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 670.00 Cr

Latest Charge Details

Date Lender Amount Status
22 Nov 2023 Others ₹20.00 Cr Open
10 Aug 2023 Others ₹500.00 Cr Open
23 Jan 2023 Others ₹150.00 Cr Open

How Many Employees Work at Spark Institutional Equities?

Spark Institutional Equities has a workforce of 100 employees as of Apr 07, 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 Spark Institutional Equities, 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 Institutional Equities'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 Spark Institutional Equities

Recent activity within the organization

  • Annual General Meeting

    Spark Institutional Equities Private Limited last Annual general meeting of members was held on 29 Aug 2024 as per latest MCA records.

    29 Aug 2024

  • Charges

    A charge with Others of Rs. 150.00 Cr registered on 23 Jan 2023 with Charge ID 100668641 was modified on 30 Jul 2024.

    30 Jul 2024

  • Director Appointment

    Harikesh Venkatachalam was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 19 Jul 2024 & has been associated with this company since 6 months 15 days .

    19 Jul 2024

  • Balance Sheet

    Spark Institutional Equities Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100825007 was registered on 22 Nov 2023.

    22 Nov 2023

  • Charges

    A charge with Others amounted to Rs. 500.00 Cr with Charge ID 100764959 was registered on 10 Aug 2023.

    10 Aug 2023

Frequently asked questions

  • Spark Institutional Equities Private Limited was incorporated on 28 Jan 2022.

  • The authorized share capital of Spark Institutional Equities Private Limited is ₹ 5.70 Cr and paid-up capital is ₹ 3.99 Cr.

  • Currently 2 directors are associated with Spark Institutional Equities Private Limited.

    • Sameer Varudev Kamath
    • Harikesh Venkatachalam
  • As per Ministry of Corporate Affairs (Mca), the registered address of Spark Institutional Equities Private Limited is Ea Chambers Tower Ii No 49 50 5Th Floor Whites Road, Royapettah India, Chennai, Tamil Nadu, 600014.

  • The corporate identification number (CIN) of Spark Institutional Equities Private Limited is U65999TN2022PTC149473 and the company number is 149473 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Spark Institutional Equities Private Limited is https://www.avendus.com

  • As Per 2023 financial reports, 100 employees are currently employed by Spark Institutional Equities Private Limited.

  • As per the financial statements for fiscal Year 2023, The total open charges for Spark Institutional Equities Private Limited amount to ₹ 670.00 Cr.

  • The most recent Balance Sheet for Spark Institutional Equities Private Limited was filed with the ROC on 31 Mar 2024.

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