Sphere Ventures Private Limited
About Sphere Ventures Private Limited
Data last updated:
Sphere Ventures Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently under process of striking off by the Registrar of Companies. The removal process has been initiated but is not yet final, and the company may be struck off soon. It operates in the service-based operations segment of the business services sector. It was incorporated on 10 April 2012.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74990MH2012PTC229422.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1 Lakh. It is led by directors including Ramesh Sankalchand Sanghvi and Sankalchand Chunilal Jain.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹25,555, a decline of 96% compared to the previous year. For the same year it recorded a net profit of ₹15,984 (net margin 62.5%) and EBITDA of ₹21,364 (EBITDA margin 83.6%).
Company details
Contact details
Sphere Ventures Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address4th Floor Of Rahimtoola House 7 Homji Street, Fort, Mumbai, Maharashtra, India – 400001
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
To see the full contact details of Sphere Ventures 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
Financials of Sphere Ventures Private Limited
FY 2024 filings availableSphere Ventures Private Limited reported revenue of ₹25,555 (down 96% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 96% in the latest year. EBITDA fell 97% 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 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 | ₹21,364 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹15,984 | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 83.6% | ||||
| Net Profit Margin | 62.5% | ||||
| 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 | |||||
To see the full financial statements and ratios of Sphere Ventures Private Limited, buy the company report.
Board of directors of Sphere Ventures Private Limited
Sphere Ventures has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Sankalchand Sanghvi Also directs: Sanghvi Premises Private Limited, Sanghvi Habitats Private Limited, Ashapura Habitats Private Limited and 5 more | Director | 09 Mar 2017 | 9 Years 8 Months | Current |
| Sankalchand Chunilal Jain | Director | 09 Mar 2017 | 9 Years 8 Months | Current |
| Rakesh Sankalchand Sanghvi Also directs: Sanghvi Premises Private Limited, Sanghvi Habitats Private Limited, Ashapura Habitats Private Limited and 5 more | Director | 09 Mar 2017 | 9 Years 8 Months | Current |
Shareholding
The shareholding of Sphere Ventures Private Limited is on record for FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Sphere Ventures Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sphere Ventures 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 Sphere Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Sphere Ventures Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sphere Ventures Private Limited has 11 board changes on record since 2015: 3 appointments and 8 cessations. The latest: Rakesh Sankalchand Sanghvi ceased to be Additional Director on 29 Sep 2017.
2 earlier events are in the company report.
Frequently asked questions
Sphere Ventures is currently "Under Process of Striking Off" as per MCA records. The Registrar of Companies has initiated the process to remove the company from the register, typically due to non-filing of statutory returns. This process is not yet final, but the company may be struck off soon. Caution is advised before entering into any agreements with this entity.
Sphere Ventures is a company pending strike off, currently registered as a private limited company based in Mumbai, Maharashtra, India. The company works in other services, within the business services industry. It was incorporated on 10 April 2012 and is registered under CIN U74990MH2012PTC229422. The company may be struck off soon - caution is advised.
The compliance status of Sphere Ventures is compliant as of 16 July 2026.
Sphere Ventures has 3 current directors:
- Ramesh Sankalchand Sanghvi - Director
- Sankalchand Chunilal Jain - Director
- Rakesh Sankalchand Sanghvi - Director
The CIN (Corporate Identification Number) of Sphere Ventures is U74990MH2012PTC229422. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sphere Ventures was incorporated on 10 April 2012. It is registered with the Registrar of Companies, Mumbai.
The registered office of Sphere Ventures is at 4th Floor Of Rahimtoola House 7 Homji Street, Fort, Mumbai, Maharashtra, India – 400001.
The latest financial statements of Sphere Ventures on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from 2015 are in the company report.
Sphere Ventures operates in the business services industry, in the other services segment.
Rakesh Sankalchand Sanghvi ceased to be Additional Director on 29 Sep 2017. Ramesh Sankalchand Sanghvi ceased to be Additional Director on 29 Sep 2017. Sankalchand Chunilal Jain ceased to be Additional Director on 29 Sep 2017. Sphere Ventures has 11 board changes on record in total.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
