About Sproutlogix Private Limited
Data last updated:
Sproutlogix Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 25 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2016PTC164650. Its GSTIN is 27AAXCS0981J1ZK (Maharashtra).
The company has an authorised share capital of ₹56.19 Lakh and a paid-up capital of ₹45.68 Lakh. It is led by directors Devang Shah and Sunny Manohar Dave.
Its last annual general meeting (AGM) was held on 28 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Pune, Maharashtra.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.64 Cr. For the same year it recorded a net loss of ₹45.29 Lakh (net margin -27.5%) and EBITDA of -₹56.72 Lakh (EBITDA margin -34.5%).
The company has about 2 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Sproutlogix. Court records list 2 cases involving the company, including 2 filed against it. The company has 8 deals on record (6 rights issues, 2 funding rounds), with disclosed funding of ₹4.08 Cr; the latest was in March 2018. Its 10 peer companies in the Information Technology industry (Application Development) are compared by revenue, 5 larger and 5 smaller; the largest is Busywizzy Technology Solutions Private Limited with revenue of ₹1.66 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sproutlogix.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressArissa Property Bldg C1 Office No. 304 3rd Fl. Fountain Road Next To Beryl Apartments, Kharadi, Pune, Maharashtra, India – 411014
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Sproutlogix Private Limited
The main business activity of Sproutlogix is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | 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 Sproutlogix Private Limited FY 2019 filings available
Sproutlogix Private Limited reported revenue of ₹1.64 Cr for FY 2019.
Financial Statement Summary of Sproutlogix Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| 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 | -₹56.72 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹45.29 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 | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• |
Financial Ratios of Sproutlogix Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -34.5% | •••• | •••• |
| Net Profit Margin | -27.5% | •••• | •••• |
| 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 | •••• | •••• | •••• |
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 Sproutlogix are in the company report.
Financial statements from FY 2017
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 Sproutlogix Private Limited
Sproutlogix Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Busywizzy Technology Solutions Private Limited | ₹1.66 Cr (FY 2024) | •••• | •••• | 22.0% | •••• | Gurgaon, Haryana, India |
| Muthoottu Infotech Private Limited | ₹1.65 Cr (FY 2025) | •••• | •••• | 52.0% | •••• | Ernakulam, Kerala, India |
| Stanza Soft India Private Limited | ₹1.65 Cr (FY 2025) | •••• | •••• | 58.0% | •••• | Hyderabad, Telangana, India |
| Purvalay Communications Pvt.Ltd. | ₹1.65 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Kolkata, West Bengal, India |
| Signet Id Automation Systems Private Limited | ₹1.65 Cr (FY 2024) | •••• | •••• | -8.0% | •••• | Ernakulam, Kerala, India |
| Sproutlogix Private Limited this company | ₹1.64 Cr (FY 2019) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Nyl10 Softwares Private Limited | ₹1.64 Cr (FY 2024) | •••• | •••• | -53.0% | •••• | Tiruturaipundi, Tamil Nadu, India |
| Yms Mobitech Private Limited | ₹1.64 Cr (FY 2018) | •••• | •••• | -95.0% | •••• | Noida, Uttar Pradesh, India |
| Yourtechriders Technologies Private Limited | ₹1.64 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Indore, Madhya Pradesh, India |
| Ovalelabs Private Limited | ₹1.64 Cr (FY 2024) | •••• | •••• | -51.0% | •••• | Noida, Uttar Pradesh, India |
| Cubestack Solutions Private Limited | ₹1.64 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | Navi Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Sproutlogix by revenue in the Information Technology industry (Application Development), 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 Sproutlogix Private Limited
Sproutlogix Private Limited is audited by ADHAU AND ASSOCIATES LLP for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ADHAU AND ASSOCIATES LLP | 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 Sproutlogix Private Limited
Sproutlogix has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devang Shah | Director | 25 May 2016 | 10 Years 4 Months | Current |
| Sunny Manohar Dave | Director | 25 May 2016 | 10 Years 4 Months | Current |
Ownership and Shareholding of Sproutlogix Private Limited
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 Sproutlogix Private Limited
Sproutlogix Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Sproutlogix Private Limited
Sproutlogix Private Limited has 8 deals on record (6 rights issues, 2 funding rounds), with disclosed funding of ₹4.08 Cr; the latest was in March 2018.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Funding round | ₹3.97 Cr | Investors: Scale Ventures, 3 individuals |
| Jul 2017 | Rights issue | ₹97.5 Lakh | Investors: 2 individuals |
| Mar 2017 | Funding round | ₹11.7 Lakh | Investors: an individual |
| Feb 2017 | Rights issue | ₹39.6 Lakh | Investors: an individual |
| Jan 2017 | Rights issue | ₹19.4 Lakh | Investors: an individual |
Full deal history
All 8 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Sproutlogix Private Limited
Sproutlogix Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed. Status as checked between 30 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
Full case history
All 2 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.
Associated Brands with Sproutlogix Private Limited
Sproutlogix operates one associated brand: Sproutlogix. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| AI-powered adaptive learning platforms are provided for employee development. | sproutlogix.com |
Employees and EPFO Compliance at Sproutlogix Private Limited
Sproutlogix Private Limited has a workforce of 2 employees as of Apr 06, 2024.
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.
Group Structure of Sproutlogix Private Limited
Sproutlogix has 2 subsidiary companies. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Get Through Guides Private Limited | U72900PN2006PTC128526 | Locked |
| Inspice Technologies Private Limited | U74999PN2015PTC156111 | Locked |
Showing major subsidiaries. Total: 2.
Recent Activity on Sproutlogix Private Limited
Sproutlogix Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Sunil Manohar Govardhan ceased to be Director on 20 Jan 2020.
Credit Ratings, Litigation & Regulatory Alerts for Sproutlogix Private Limited
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 Sproutlogix Private Limited
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 Sproutlogix Private Limited
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 Sproutlogix Private Limited
Sproutlogix has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAXCS0981J1ZK | Maharashtra | 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 Sproutlogix Private Limited
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 Sproutlogix Private Limited
Sproutlogix is an active private limited company based in Pune, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 25 May 2016 (10+ years old) and is registered under CIN U72900PN2016PTC164650.
Sproutlogix reported revenue of ₹1.64 Cr for FY 2019.
Sproutlogix has 2 current directors:
- Devang Shah - Director
- Sunny Manohar Dave - Director
Sproutlogix reported a net loss of ₹45.29 Lakh (net margin -27.5%) and EBITDA of -₹56.72 Lakh (EBITDA margin -34.5%) for FY 2019, as per its filed financial statements.
The GSTIN of Sproutlogix is 27AAXCS0981J1ZK, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sproutlogix is U72900PN2016PTC164650. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sproutlogix has 2 court cases on record: 2 filed against it.
Sproutlogix was incorporated on 25 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Pune.
Sproutlogix has 8 deals on record (6 rights issues, 2 funding rounds), with disclosed funding of ₹4.08 Cr; the latest was in March 2018.
The peers of Sproutlogix by revenue are Busywizzy Technology Solutions Private Limited, Muthoottu Infotech Private Limited, Stanza Soft India Private Limited, Purvalay Communications Pvt.Ltd, Signet Id Automation Systems Private Limited and 5 more, all in the Information Technology industry (Application Development).
Sunil Manohar Govardhan ceased to be Director on 20 Jan 2020. Chandramanikanta ceased to be Director on 10 Dec 2018. Devang Shah was appointed as Director on 25 May 2016. Sproutlogix has 4 board changes on record in total.