Spark Securities Pvt Ltd
About Spark Securities Pvt Ltd
Data last updated:
Spark Securities Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 28 July 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U67120WB1994PTC064172. Its GSTIN is 19AADCS6039D1ZD (West Bengal).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.84 Cr. It is led by directors including Aadya Bubna and Sarvesh Bubna.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 10/4B Lala Lajpat Rai Sarani 3rd Floor, Kolkata, West Bengal, India – 700020.
As per the financials filed for FY 2024, the company reported a revenue of ₹17.59 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹5.91 Cr (net margin 33.6%) and EBITDA of ₹7.58 Cr (EBITDA margin 43.1%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 7% over five years.
Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address10/4B Lala Lajpat Rai Sarani 3rd Floor, Kolkata, West Bengal, India – 700020
- IndustryFinancial Services, Brokerage & Trading Services
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Spark Securities Pvt Ltd
The main business activity of Spark Securities is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Spark Securities Pvt Ltd FY 2025 filings available
Spark Securities Pvt Ltd reported revenue of ₹17.59 Cr (up 265% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Spark Securities Pvt Ltd
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 265% growth in the latest year. EBITDA rose 419% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Spark Securities Pvt Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹7.58 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.91 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Spark Securities Pvt Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 43.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 33.6% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Spark Securities are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Spark Securities Pvt Ltd
Spark Securities Pvt Ltd is compared with the companies closest to it by revenue in the BFSI industry (Broking Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| KS Distribution and Sales Private Limited | ₹17.65 Cr (FY 2024) | •••• | •••• | 28.0% | •••• | Mumbai, Maharashtra, India |
| Coimbatore Capital Limited | ₹17.64 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Coimbatore, Tamil Nadu, India |
| Horizon Stock & Broking Services Private Limited | ₹17.62 Cr (FY 2025) | •••• | •••• | -58.0% | •••• | Kolkata, West Bengal, India |
| Hive Fintrade Private Limited | ₹17.6 Cr (FY 2025) | •••• | •••• | -48.0% | •••• | Mumbai, Maharashtra, India |
| M.G. Shares & Stocks Private Limited | ₹17.59 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | New Delhi, Delhi, India |
| Spark Securities Pvt Ltd this company | ₹17.59 Cr (FY 2024) | •••• | •••• | 265.0% | •••• | Kolkata, West Bengal, India |
| Marodia Investments Ltd | ₹17.59 Cr (FY 2018) | •••• | •••• | 1477.0% | •••• | Ahmedabad, Gujarat, India |
| Castle Traders Limited | ₹17.58 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Chennai, Tamil Nadu, India |
| Sapper's Broking Services Private Limited | ₹17.57 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Kolkata, West Bengal, India |
| Tradeswift Broking Private Limited | ₹17.56 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Jaipur, Rajasthan, India |
| Raigarh Plastics Private Limited | ₹17.52 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Thane, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Spark Securities by revenue in the BFSI industry (Broking Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Spark Securities Pvt Ltd
Spark Securities Pvt Ltd is audited by DHANDHANIA & ASSOCIATES for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DHANDHANIA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Spark Securities Pvt Ltd
Spark Securities has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aadya Bubna | Director | 04 Oct 2023 | 3 Years 0 Months | Current |
| Sarvesh Bubna | Director | 28 Mar 2024 | 2 Years 6 Months | Current |
| Sanjeev Bubna Also directs: Gyan Traders Ltd, Spark Gems & Jewels Private Limited, Bhiwani Exports Pvt Ltd and 5 more | Director | 30 Sep 2025 | 1 Years 0 Months | Current |
| Rashmi Bubna Also directs: Gyan Traders Ltd, Spark Gems & Jewels Private Limited, Bhiwani Exports Pvt Ltd and 5 more | Director | 28 Jul 1994 | 32 Years 2 Months | Current |
Ownership and Shareholding of Spark Securities Pvt Ltd
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Spark Securities Pvt Ltd
Spark Securities Pvt Ltd does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Spark Securities Pvt Ltd
Spark Securities Pvt Ltd has 4 court cases on record: 3 filed by Spark Securities, 1 filed against it. All cases are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Appeal | Filed against the company by Solace Estates & Finance Ltd | Disposed |
| District court, Calcutta, West Bengal | Court case (TS) | Filed by the company against Calcutta Stock Exchange Association | Disposed |
| District court, Calcutta, West Bengal | Court case (TS) | Filed by the company against State Bank of India | Disposed |
| District court, Calcutta, West Bengal | Court case (TS) | Filed by the company against State Bank of India and MCS Ltd | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Spark Securities Pvt Ltd
Employment history and EPFO contributions of people linked to Spark Securities.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Spark Securities Pvt Ltd
Spark Securities Pvt Ltd has 8 board changes on record since 1994: 4 appointments and 4 cessations. The latest: Sanjeev Bubna was appointed as Director on 30 Sep 2025.
Credit Ratings, Litigation & Regulatory Alerts for Spark Securities Pvt Ltd
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Spark Securities Pvt Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Spark Securities Pvt Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Spark Securities Pvt Ltd
Spark Securities has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AADCS6039D1ZD | West Bengal | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Spark Securities Pvt Ltd
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Spark Securities Pvt Ltd
Spark Securities is an active private limited company based in Kolkata, West Bengal, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 28 July 1994 (32+ years old) and is registered under CIN U67120WB1994PTC064172.
Spark Securities reported revenue of ₹17.59 Cr for FY 2024 (up 265% YoY).
Spark Securities has 4 current directors:
- Aadya Bubna - Director
- Sarvesh Bubna - Director
- Sanjeev Bubna - Director
- Rashmi Bubna - Director
Spark Securities reported a net profit of ₹5.91 Cr (net margin 33.6%) and EBITDA of ₹7.58 Cr (EBITDA margin 43.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Spark Securities is -4% over three years and 7% over five years. In the latest year (FY 2024) revenue rose 265%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Spark Securities is 19AADCS6039D1ZD, registered in West Bengal.
The CIN (Corporate Identification Number) of Spark Securities is U67120WB1994PTC064172. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spark Securities has 4 court cases on record: 3 filed by the company and 1 filed against it. Most are in the district courts.
Spark Securities was incorporated on 28 July 1994, making it 32+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Spark Securities by revenue are KS Distribution and Sales Private Limited, Coimbatore Capital Limited, Horizon Stock & Broking Services Private Limited, Hive Fintrade Private Limited, M.G. Shares & Stocks Private Limited and 5 more, all in the BFSI industry (Broking Services).
Sanjeev Bubna was appointed as Director on 30 Sep 2025. Sarvesh Bubna ceased to be Additional Director on 29 Sep 2024. Sarvesh Bubna was appointed as Director on 28 Mar 2024. Spark Securities has 8 board changes on record in total.