About First Spark India Ventures Private Limited
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First Spark India Ventures Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 14 November 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2013PTC250103. Its GSTIN is 27AACCF2974M1Z7 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kirti Balchandra Parulekar and Sadanand Balchandra Parulekar.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.37 Cr, a growth of 104% compared to the previous year. For the same year it recorded a net loss of ₹82.67 Lakh (net margin -34.9%) and EBITDA of -₹79.21 Lakh (EBITDA margin -33.5%). Revenue has declined at a compounded annual rate (CAGR) of 12% over five years.
The company is associated with 1 brand: First Spark India Ventures.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fsiv.in.
Company details
Contact details
First Spark India Ventures Private Limited's registered office is in Mumbai, Maharashtra. Its website is fsiv.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address104 – D B Wing Sumit Samarth Arcade Tatya Tope Nagar Aarey Road Goregaon (, West), Mumbai, Maharashtra, India – 400062
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of First Spark India 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
Brands
First Spark India Ventures operates one associated brand: First Spark India Ventures. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Experiential marketing services including brand identity, events, and activations in India. | fsiv.in |
Business activity
The main business activity of First Spark India Ventures is professional, scientific and technical activities. In detail, this covers activities of head offices; management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 70 | Activities of head offices; management consultancy activities |
To see the full business activity and turnover split of First Spark India Ventures Private Limited, buy the company report.
Financials of First Spark India Ventures Private Limited
FY 2025 filings availableFirst Spark India Ventures Private Limited reported revenue of ₹2.37 Cr (up 104% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 104% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 12%. EBITDA rose 35% 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 |
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| EBITDA | -₹79.21 Lakh | ||||
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| Net Profit (PAT) | -₹82.67 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -33.5% | ||||
| Net Profit Margin | -34.9% | ||||
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To see the full financial statements and ratios of First Spark India Ventures Private Limited, buy the company report.
Board of directors of First Spark India Ventures Private Limited
First Spark India Ventures 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 |
|---|---|---|---|---|
| Kirti Balchandra Parulekar Also directs: Tainpar Health Care Products LLP | Director | 15 Jul 2025 | 1 Years 3 Months | Current |
| Sadanand Balchandra Parulekar | Director | 14 Nov 2013 | 12 Years 11 Months | Current |
Auditor
First Spark India Ventures Private Limited is audited by ANIL CHOMAL & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANIL CHOMAL & ASSOCIATES | FY 2020 | 124161W |
Shareholding
The shareholding of First Spark India Ventures Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of First Spark India Ventures Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving First Spark India 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 First Spark India Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
First Spark India Ventures has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCF2974M1Z7 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of First Spark India Ventures Private Limited, buy the company report.
Recent activity
First Spark India Ventures Private Limited has 5 board changes on record since 2013: 3 appointments and 2 cessations. The latest: Kirti Balchandra Parulekar ceased to be Additional Director on 29 Sep 2025.
Frequently asked questions
First Spark India Ventures is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 14 November 2013 (13+ years old) and is registered under CIN U74120MH2013PTC250103.
First Spark India Ventures has 2 current directors:
- Kirti Balchandra Parulekar - Director
- Sadanand Balchandra Parulekar - Director
The latest financial statements of First Spark India Ventures on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of First Spark India Ventures is 27AACCF2974M1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of First Spark India Ventures is U74120MH2013PTC250103. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
First Spark India Ventures was incorporated on 14 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
Kirti Balchandra Parulekar ceased to be Additional Director on 29 Sep 2025. Parinita Bhalchandra Parulekar ceased to be Director on 31 Jul 2025. Kirti Balchandra Parulekar was appointed as Director on 15 Jul 2025. First Spark India Ventures has 5 board changes on record in total.
First Spark India Ventures can be reached through the website fsiv.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of First Spark India Ventures is at 104 – D B Wing Sumit Samarth Arcade Tatya Tope Nagar Aarey Road Goregaon , West, Mumbai, Maharashtra, India – 400062.
First Spark India Ventures operates in the financial services industry, in the diversified financial services segment.
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