About Passionate IT Spark Technologies Private Limited
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Passionate IT Spark Technologies Private Limited is a private limited company based in Ghaziabad, Uttar Pradesh, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 24 February 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U72900UP2014PTC062908.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Ravi Kumar and Mayank Kumar Rai.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Plot No. 209 Flat No. 3 Niti Khand I Indirapuram, Ghaziabad, Uttar Pradesh, India – 201010.
As per the financials filed for FY 2020, the company reported a revenue of ₹18.73 Lakh, a decline of 2% compared to the previous year. For the same year it recorded a net loss of ₹41,138 (net margin -2.2%) and EBITDA of -₹4,661 (EBITDA margin -0.2%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 104% over five years.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website itspark.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No. 209 Flat No. 3 Niti Khand I Indirapuram, Ghaziabad, Uttar Pradesh, India – 201010
- IndustryInformation Technology, Other Computer Related Activities
- 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 Passionate IT Spark Technologies Private Limited
The business activities of Passionate IT Spark Technologies are registered with the MCA. The activity codes are listed below.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Locked | P4 | Locked | 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 Passionate IT Spark Technologies Private Limited FY 2020 filings available
Passionate IT Spark Technologies Private Limited reported revenue of ₹18.73 Lakh (down 2% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Passionate IT Spark Technologies Private Limited
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 104%. EBITDA fell 146% 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 of Passionate IT Spark Technologies Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹18.73 Lakh | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹4,661 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹41,138 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Passionate IT Spark Technologies Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -2.2% | •••• | •••• | •••• | •••• |
| 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 Passionate IT Spark Technologies are in the company report.
Financial statements from 2015
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.
Board of Directors of Passionate IT Spark Technologies Private Limited
Passionate IT Spark Technologies has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Kumar | Director | 16 Aug 2018 | 8 Years 1 Months | Current |
| Mayank Kumar Rai Also directs: Allied Itspark Technologies Private Limited | Director | 24 Feb 2014 | 12 Years 7 Months | Current |
| Janar Singh Also directs: Allied Itspark Technologies Private Limited | Director | 16 Aug 2018 | 8 Years 1 Months | Current |
| Nitoo Also directs: Allied Itspark Technologies Private Limited | Director | 24 Feb 2014 | 12 Years 7 Months | Current |
Ownership and Shareholding of Passionate IT Spark Technologies 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 Passionate IT Spark Technologies Private Limited
Passionate IT Spark Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Passionate IT Spark Technologies Private Limited
Employment history and EPFO contributions of people linked to Passionate IT Spark Technologies.
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.
Recent Activity on Passionate IT Spark Technologies Private Limited
Passionate IT Spark Technologies Private Limited has 5 board changes on record since 2014: 4 appointments and 1 cessation. The latest: Janar Singh was appointed as Director on 16 Aug 2018.
Credit Ratings, Litigation & Regulatory Alerts for Passionate IT Spark Technologies 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 Passionate IT Spark Technologies 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 Passionate IT Spark Technologies 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 Passionate IT Spark Technologies Private Limited
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 Passionate IT Spark Technologies 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 Passionate IT Spark Technologies Private Limited
Passionate IT Spark Technologies is an active private limited company based in Ghaziabad, Uttar Pradesh, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 24 February 2014 (12+ years old) and is registered under CIN U72900UP2014PTC062908.
Passionate IT Spark Technologies reported revenue of ₹18.73 Lakh for FY 2020 (down 2% YoY).
Passionate IT Spark Technologies has 4 current directors:
- Ravi Kumar - Director
- Mayank Kumar Rai - Director
- Janar Singh - Director
- Nitoo - Director
Passionate IT Spark Technologies reported a net loss of ₹41,138 (net margin -2.2%) and EBITDA of -₹4,661 (EBITDA margin -0.2%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Passionate IT Spark Technologies is 10% over three years and 104% over five years. In the latest year (FY 2020) revenue fell 2%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Passionate IT Spark Technologies is U72900UP2014PTC062908. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Passionate IT Spark Technologies was incorporated on 24 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
Janar Singh was appointed as Director on 16 Aug 2018. Ravi Kumar was appointed as Director on 16 Aug 2018. Nikhil Singh ceased to be Director on 18 May 2015. Passionate IT Spark Technologies has 5 board changes on record in total.
Passionate IT Spark Technologies can be reached through the website itspark.in. Its registered office is in Ghaziabad, Uttar Pradesh, India.
The registered office of Passionate IT Spark Technologies is at Plot No. 209 Flat No. 3 Niti Khand I Indirapuram, Ghaziabad, Uttar Pradesh, India – 201010.