Sparrow Technologies Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 6.28 M
- Company Age 30 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 11.38 Cr
- Revenue Growth 10.10%
- Profit Growth 49.32%
- Ebitda -295.46%
- Net Worth 6.66%
- Total Assets 3.54%
About Sparrow Technologies
Sparrow Technologies Limited (STL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 December 1994 and has a history of 30 years and three months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Machinery And Equipment 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 1.00 Cr and a paid-up capital of Rs 6.28 M.
The company has closed loans amounting to ₹11.38 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Rajeev Sarda, Madan Sarda, and Shubha Sarda serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U85110KA1994PLC016776
- Company No.
016776
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
20 Dec 1994
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Machinery and Equipment
What products or services does Sparrow Technologies Limited offer?
Sparrow Technologies Limited offers a wide range of products and services, including Pen Drive.
Who are the key members and board of directors at Sparrow Technologies?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajeev Sarda  | Managing Director | 20-Dec-1994 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shubha Sarda | Director | 05-Jan-2009 | Current |
| Madan Sarda | Additional Director | 30-Jun-2013 | Current |
Financial Performance of Sparrow Technologies.
Sparrow Technologies Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 10.1% increase. The company also saw a substantial improvement in profitability, with a 49.32% increase in profit. The company's net worth moved up by a moderate rise of 6.66%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Sparrow Technologies?
In 2022, Sparrow Technologies had a promoter holding of 94.17% and a public holding of 5.83%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sparrow Electronics LimitedMadan Sarda is a mutual person
- Sparrow Television Private Limited
Rajeev Sarda and Madan Sarda are mutual person
- Sparrow Healthcare Private Limited
Rajeev Sarda and Shubha Sarda are mutual person
Vanna Extracts Private LimitedRajeev Sarda is a mutual person
- Dencap Electronics Private Limited
Rajeev Sarda is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹11.38 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 7.12 Cr
- Shamrao Vithal Co-Operative Bank Ltd : 3.31 Cr
- The Economic Development Corporation Of Goa; Daman & Diu Ltd : 0.80 Cr
- The Shamrao Vithal Co-Operative Bank Ltd : 0.15 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Feb 2015 | The Shamrao Vithal Co-Operative Bank Ltd | ₹1.48 M | Satisfied |
| 02 Dec 2011 | Shamrao Vithal Co-Operative Bank Ltd | ₹1.00 Cr | Satisfied |
| 08 Jun 2010 | Shamrao Vithal Co-Operative Bank Ltd | ₹2.31 Cr | Satisfied |
| 14 Oct 2000 | Canara Bank | ₹1.12 Cr | Satisfied |
| 26 May 1997 | Canara Bank | ₹2.00 Cr | Satisfied |
How Many Employees Work at Sparrow Technologies?
Sparrow Technologies has a workforce of 17 employees as of Apr 09, 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 Sparrow 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 Sparrow Technologies'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 Sparrow Technologies
Recent activity within the organization
- Annual General Meeting
Sparrow Technologies Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Sparrow Technologies Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge registered on 27 Feb 2015 via Charge ID 10556556 with The Shamrao Vithal Co-Operative Bank Ltd was fully satisfied on 21 Apr 2017.
- Charges
A charge registered on 02 Dec 2011 via Charge ID 10327975 with Shamrao Vithal Co-Operative Bank Ltd was fully satisfied on 21 Apr 2017.
- Charges
A charge registered on 08 Jun 2010 via Charge ID 10231379 with Shamrao Vithal Co-Operative Bank Ltd was fully satisfied on 21 Apr 2017.
- Charges
A charge with The Shamrao Vithal Co-Operative Bank Ltd amounted to Rs. 0.15 Cr with Charge ID 10556556 was registered on 27 Feb 2015.
Frequently asked questions
What is the Incorporation or founding date of Sparrow Technologies Limited?
Sparrow Technologies Limited was incorporated on 20 Dec 1994.
What is authorized share capital and paid-up capital of Sparrow Technologies Limited?
The authorized share capital of Sparrow Technologies Limited is ₹ 1.00 Cr and paid-up capital is ₹ 6.28 M.
Who are the current board members & directors of Sparrow Technologies Limited?
Currently 3 directors are associated with Sparrow Technologies Limited.
- Rajeev Sarda
- Madan Mohan Sarda
- Shubha Sarda
What is the registered address of Sparrow Technologies Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Sparrow Technologies Limited is 345 Raheja Arcade 1/1 Koramangala Industrial Area, Koraman Gala India, Bangalore, Karnataka, 560095.
What is the corporate identification number (CIN) and company number of Sparrow Technologies Limited?
The corporate identification number (CIN) of Sparrow Technologies Limited is U85110KA1994PLC016776 and the company number is 016776 as per Ministry of Corporate Affairs (MCA).
What is the official website of Sparrow Technologies Limited?
The Official website of Sparrow Technologies Limited is https://www.sparrowit.com
What has been the recent revenue trend for Sparrow Technologies Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Sparrow Technologies Limited has risen by 10.10%.
How many employees does Sparrow Technologies Limited currently have?
As Per 2022 financial reports, 17 employees are currently employed by Sparrow Technologies Limited.
What change has been observed in the net worth of Sparrow Technologies Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Sparrow Technologies Limited has experienced an upsurge of 6.66%.
When was the last Balance Sheet of Sparrow Technologies Limited filed with the ROC?
The most recent Balance Sheet for Sparrow Technologies Limited was filed with the ROC on 31 Mar 2024.
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