About Sparas
Sparas is a Retail company based in Kochi (India) founded in 2006 by Sajimon Parayil. It operates a direct-to-consumer brand specializing in apparel. It operates on a D2C model. Its Indian entity Sparas Holdings India Private Limited reported revenue of ₹48.8 Lakh. Its focus areas include Fashion and Apparel, Clothing Retail, Apparel Brands and Direct-to-Consumer. Its competitors include Bewakoof, Styched and Max Fashion; 2 of its 3 listed competitors have raised funding.
Company details
Sparas operates a direct-to-consumer brand specializing in apparel, focusing on fashion and apparel, clothing retail, apparel brands, and direct-to-consumer. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Kochi, India
- Founders Sajimon Parayil
- SectorsRetail
- Website sparas.com
- Legal Name Sparas Fashion India Private Limited
- Date of Incorporation 10 Mar, 2008
- Jurisdiction Ernakulam, Kerala, India
- Annual Revenue₹48.8 Lakh
FY 2024 · +41% YoY
- Net Loss-₹43.8 Lakh
FY 2024 · -90% margin
- EBITDA-₹41.7 Lakh
FY 2024 · -85% margin
Associated legal entities of Sparas
Sparas operates through Sparas Holdings India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Sparas Holdings India Private Limited CIN U51100KL2008PTC021997 | Active | 10 Mar 2008 | Ernakulam, Kerala | ₹0.5 Cr | 2 | View details |
Board of directors of Sparas Holdings India Private Limited (Sparas)
Sparas Holdings India Private Limited is the primary company behind Sparas. The board of Sparas Holdings India Private Limited currently have 2 directors; the longest-serving is Sajimoan Parayil Purayidam Rajappan, appointed in 2008. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sajimoan Parayil Purayidam Rajappan DIN 01439246 | Managing Director | 10 Mar 2008 | 18 yrs 8 mo | Sparas Holdings India Private Limited |
| Archa Saji DIN 08083914 | Director | 18 Apr 2018 | 8 yrs 6 mo | Sparas Holdings India Private Limited |
People of Sparas
1 people are tracked at Sparas (1 in leadership).
| Name | Role | Group |
|---|---|---|
Sajimon Parayil | Founder, Managing Director | Leadership |
Complete people profiles for Sparas
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Verified entity values are shown only after access is granted.
Financials of Sparas
Figures of Sparas Holdings India Private Limited, the primary company behind Sparas, for FY 2024. Revenue was ₹48.8 Lakh (+41% year on year). Net loss was -₹43.8 Lakh (-90% margin). EBITDA was -₹41.7 Lakh (-85% margin). Revenue has grown at a compounded annual rate of +15% over three years and +139% over five years.
- ₹48.8 LakhRevenue · FY 2024 · +41% YoY
- -₹43.8 LakhNet loss · -90% margin
- -₹41.7 LakhEBITDA · -85% margin
- ₹3.00 CrPaid-up capital
- +15%Revenue CAGR, 3 years
- +139%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Sparas Holdings India Private Limited are on its company page.
Detailed financial statements for Sparas
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Sparas
Sparas has 3 listed competitors in our database, 2 of them funded. They include Bewakoof, Styched and Max Fashion.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bewakoof.com | 2011 | Mumbai, India | $39.49M | 161 | Multi-category fashion products are sold by an internet-first brand. | |
| styched.in | 2019 | Bengaluru, India | $925,098 | Multi-category fashion for men and women is offered online. | ||
| maxfashion.in | 2006 | Bengaluru, India | 671 | Internet first brand of clothing, footwear, and accessories for women, men, and kids |
Detailed competitors of Sparas
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Women Apparel E-Commerce
3 companies that operate in the same segment as Sparas (Women Apparel E-Commerce) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Operates an online platform selling apparel items like trousers, jeans, shorts, and shoes. | 2014 | Bengaluru, Karnataka, India | USD 42 M | USD 99.04 M | 3,412 | |
Online platform selling stylish western clothing for women including dresses and tops. | 2015 | Gurugram, Haryana, India | USD 9.87 M | USD 10.15 M | 272 | |
Manages an e-commerce platform offering diverse fashion products for men, women, and kids. | 2016 | Mumbai, Maharashtra, India | 6 |
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Frequently Asked Questions about Sparas
Sparas was founded in 2006.
Sparas is headquartered in Kochi, India. It is registered at Kochi, Kerala, India.
The primary company behind Sparas, Sparas Holdings India Private Limited, reported revenue of ₹48.8 Lakh for FY 2024, up 41% year on year.
Sparas operates a direct-to-consumer brand specializing in apparel, focusing on fashion and apparel, clothing retail, apparel brands, and direct-to-consumer. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
Sparas's top competitors include Bewakoof, Styched and Max Fashion.
Sparas operates through Sparas Holdings India Private Limited.
The legal entities of Sparas currently have 2 directors, including Archa Saji, Sajimoan Parayil Purayidam Rajappan.