Sparrow Technologies Limited

Produces plastic components and assemblies for various clients, with factories in Bangalore and Rishikesh.

1994 | Bangaluru, Karnataka (India) | Active
Last Updated: December 15, 2024

Sparrow Technologies Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 6.28 M
  • Company Age 30 Year, 2 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 two 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

    sparrowit.com

  • 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)

NameDesignationAppointment DateStatus
Rajeev Sarda Country flag representing In Managing Director20-Dec-1994Current

Board Members (2)

NameDesignationAppointment DateStatus
Shubha Sarda Country flag representing In Director 05-Jan-2009Current
Madan Sarda Country flag representing In Additional Director 30-Jun-2013Current

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%.

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
10.10%
Revenue from Operations
-17.06%
Total Assets
3.54%
Profit or Loss
49.32%
Net Worth
6.66%
EBITDA
-295.46%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
27 Feb 2015The Shamrao Vithal Co-Operative Bank Ltd₹1.48 MSatisfied
02 Dec 2011Shamrao Vithal Co-Operative Bank Ltd₹1.00 CrSatisfied
08 Jun 2010Shamrao Vithal Co-Operative Bank Ltd₹2.31 CrSatisfied
14 Oct 2000Canara Bank₹1.12 CrSatisfied
26 May 1997Canara Bank₹2.00 CrSatisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    30 Sep 2024

  • Balance Sheet

    Sparrow Technologies Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • 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.

    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.

    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.

    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.

    27 Feb 2015

Frequently asked questions

  • Sparrow Technologies Limited was incorporated on 20 Dec 1994.

  • The authorized share capital of Sparrow Technologies Limited is ₹ 1.00 Cr and paid-up capital is ₹ 6.28 M.

  • Currently 3 directors are associated with Sparrow Technologies Limited.

    • Rajeev Sarda
    • Madan Mohan Sarda
    • Shubha Sarda
  • 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.

  • The corporate identification number (CIN) of Sparrow Technologies Limited is U85110KA1994PLC016776 and the company number is 016776 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sparrow Technologies Limited is https://www.sparrowit.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Sparrow Technologies Limited has risen by 10.10%.

  • As Per 2022 financial reports, 17 employees are currently employed by Sparrow Technologies Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Sparrow Technologies Limited has experienced an upsurge of 6.66%.

  • The most recent Balance Sheet for Sparrow Technologies Limited was filed with the ROC on 31 Mar 2024.

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