About Sparta Systems India Private Limited
Data last updated:
Sparta Systems India Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Sparta Systems Inc.. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 27 June 2019.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2019PTC351938. Its GSTIN is 27ABCCS2843P1ZU (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹7.25 Lakh. It is led by directors including Ganesh Pai Panduranga (Irp/Rp/Liquidator) and Salil Kulkarni.
Its last annual general meeting (AGM) was held on 25 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 1120 – 21 11th Floor Tower A DLF Tower Jasola District Centr, E, New Delhi, Delhi, India – 110025.
As per the financials filed for FY 2023, the company reported a revenue of ₹67.08 Lakh, a decline of 87% compared to the previous year. For the same year it recorded a net loss of ₹21.56 Lakh (net margin -32.1%) and EBITDA of ₹47.62 Lakh (EBITDA margin 71%).
The company has about 58 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sparta Systems. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹7.2 Lakh; the latest was in October 2021. Its 7 peer companies in the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 4 larger and 3 smaller; the largest is Mavjay Solutions Private Limited with revenue of ₹67.14 Lakh.
The last known website on record is spartasystems.com.
Company details
Contact details
Sparta Systems India Private Limited's registered office is in New Delhi, Delhi. Its website is spartasystems.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1120 – 21 11th Floor Tower A DLF Tower Jasola District Centr, E, New Delhi, Delhi, India – 110025
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Sparta Systems India Private Limited, buy the company report.
- 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
Brands
Sparta Systems India operates one associated brand: Sparta Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cloud-based quality management software is offered for organizational processes. | spartasystems.com |
Business activity
The main business activity of Sparta Systems India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
Financials of Sparta Systems India Private Limited
FY 2023 filings availableSparta Systems India Private Limited reported revenue of ₹67.08 Lakh (down 87% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 87% in the latest year. EBITDA fell 78% 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹67.08 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹47.62 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹21.56 Lakh | |||
| 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 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 71% | |||
| Net Profit Margin | -32.1% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
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| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Sparta Systems India Private Limited, buy the company report.
Board of directors of Sparta Systems India Private Limited
Sparta Systems India has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ganesh Pai Panduranga Also directs: Clutterbot Technologies Private Limited | Irp/Rp/Liquidator | 15 Mar 2024 | 2 Years 7 Months | As last reported |
| Salil Kulkarni | Director | 05 Mar 2021 | 5 Years 7 Months | As last reported |
| Anand Radhakrishna Murthy Vishnubhotla | Director | 06 Apr 2021 | 5 Years 6 Months | As last reported |
| Rangan Jayaprakash | Director | 18 Jan 2022 | 4 Years 9 Months | As last reported |
Peer comparison
Sparta Systems India Private Limited is compared with the 7 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mavjay Solutions Private Limited | ₹67.14 Lakh (FY 2022) | 30.0% | Chennai, Tamil Nadu, India | |||
| Zasyaonline Private Limited | ₹67.13 Lakh (FY 2024) | 457.0% | Pallavaram, Tamil Nadu, India | |||
| Globaltalex Private Limited | ₹67.12 Lakh (FY 2025) | -40.0% | Bangalore, Karnataka, India | |||
| SK Internet Technologies Private Limited | ₹67.11 Lakh (FY 2024) | 4.0% | Delhi, India | |||
| Sparta Systems India Private Limitedthis company | ₹67.08 Lakh (FY 2023) | -₹21.56 Lakh | -32.1% | -87.0% | 58 | New Delhi, Delhi, India |
| Elytron Solutions Private Limited | ₹67.07 Lakh (FY 2024) | -21.0% | Hyderabad, Telangana, India | |||
| Aclytic Solutions Private Limited | ₹67.05 Lakh (FY 2025) | 592.0% | New Delhi, Delhi, India | |||
| Luran Tech Private Limited | ₹67.04 Lakh (FY 2024) | 5.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Sparta Systems India Private Limited, buy the company report.
Auditor
Sparta Systems India Private Limited is audited by SURESH SURANA & ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SURESH SURANA & ASSOCIATES LLP | FY 2023 | 121750W/W100010 |
Shareholding
The shareholding of Sparta Systems India Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sparta Systems India Private Limited, buy the company report.
Deals & funding
Sparta Systems India Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹7.2 Lakh; the latest was in October 2021.
Deals on record (1 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2020 | Funding round | ₹7.2 Lakh | Investors: Sparta Systems Inc |
To see the full deal history of Sparta Systems India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Sparta Systems India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sparta Systems India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sparta Systems India Private Limited has a workforce of 58 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Sparta Systems India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABCCS2843P1ZU | Maharashtra | Active | 10 Jul 2020 |
To see the full GST registrations and return filing status of Sparta Systems India Private Limited, buy the company report.
Recent activity
Sparta Systems India Private Limited has 12 board changes on record since 2020: 4 appointments and 8 cessations. The latest: Ganesh Pai Panduranga was appointed as Irp/Rp/Liquidator on 15 Mar 2024.
3 earlier events are in the company report.
News
Frequently asked questions
Sparta Systems India is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Sparta Systems India is a company under liquidation, formerly operating as a private limited company based in New Delhi, Delhi, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 27 June 2019 and is registered under CIN U72900DL2019PTC351938. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Sparta Systems India has 4 current directors:
- Salil Kulkarni - Director
- Anand Radhakrishna Murthy Vishnubhotla - Director
- Rangan Jayaprakash - Director
- Ganesh Pai Panduranga - Irp/Rp/Liquidator
The latest financial statements of Sparta Systems India on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 25 September 2023. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Sparta Systems India is U72900DL2019PTC351938. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sparta Systems India was incorporated on 27 June 2019. It is registered with the Registrar of Companies, Delhi.
Sparta Systems India has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹7.2 Lakh; the latest was in October 2021.
The peers of Sparta Systems India by revenue are Mavjay Solutions Private Limited, Zasyaonline Private Limited, Globaltalex Private Limited, SK Internet Technologies Private Limited, Elytron Solutions Private Limited and 2 more, all in the same principal business activity (computer programming, consultancy and related activities).
Ganesh Pai Panduranga was appointed as Irp/Rp/Liquidator on 15 Mar 2024. Rangan Jayaprakash ceased to be Additional Director on 29 Sep 2022. Rangan Jayaprakash was appointed as Director on 18 Jan 2022. Sparta Systems India has 12 board changes on record in total.
Sparta Systems India can be reached through the website spartasystems.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Sparta Systems India is at 1120 – 21 11th Floor Tower A DLF Tower Jasola District Centr, E, New Delhi, Delhi, India – 110025.
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