Startup India Government of India
Spar Technovet Private Limited - consumer electronics & durables in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹11.38 Cr
▲ 89% YoY
Net profit · FY 2025
₹27.45 Lakh
Net margin 2.4%
EBITDA · FY 2025
₹58.08 Lakh
EBITDA margin 5.1%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹83.5 Lakh
Secured borrowings
Company age
5 yrs
Est. 2021
Directors on board
3
As per MCA filings
About Spar Technovet Private Limited
Data last updated:
Spar Technovet Private Limited is a private limited company based in Delhi, India, recognised as a startup by DPIIT. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 09 August 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45400DL2021PTC384946. Its GSTIN is 07ABGCS6228J1Z1 (Delhi). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sonal Jain and Savita Aggarwal.
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 House No. 39 Floor Ground Acharya Kriplani Road Block – C Adarsh Nagar, Delhi, India – 110033.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.38 Cr, a growth of 89% compared to the previous year. For the same year it recorded a net profit of ₹27.45 Lakh (net margin 2.4%) and EBITDA of ₹58.08 Lakh (EBITDA margin 5.1%). Revenue has grown at a compounded annual rate (CAGR) of 135% over three years.
As per MCA filings, the company has open charges of ₹83.5 Lakh on record.
Spar Technovet Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-DL-06-0059267). For more details, the company can be reached via its website spartechnovet.com.
Company details
CIN U45400DL2021PTC384946
Registration Number 384946
Incorporation Date 09 August 2021
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification MSME
Udyam Registration UDYAM-DL-06-0059267
Recognitions & Rankings of Spar Technovet
MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-DL-06-0059267
Contact details
Spar Technovet Private Limited's registered office is in Delhi, Delhi. Its website is spartechnovet.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressHouse No. 39 Floor Ground Acharya Kriplani Road Block – C Adarsh Nagar, Delhi, India – 110033
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
To see the full contact details of Spar Technovet Private Limited, buy the company report.
Comprehensive company report
Spar Technovet Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Spar Technovet is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Spar Technovet Private Limited, buy the company report.
Financials of Spar Technovet Private Limited
FY 2025 filings availableSpar Technovet Private Limited reported revenue of ₹11.38 Cr (up 89% YoY) for FY 2025.
Revenue · FY 2025
₹11.38 Cr ▲ 89%
Net profit · FY 2025
₹27.45 Lakh margin 2.4%
EBITDA · FY 2025
₹58.08 Lakh margin 5.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 89%
3 years · compounded
▲ 135%
EBITDA CAGR growth
1 year
▲ 164%
3 years · compounded
▲ 98%
Revenue has grown at a compounded annual rate (CAGR) of 135% over three years, including 89% growth in the latest year. EBITDA rose 164% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| 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 | ₹58.08 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹27.45 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 5.1% | |||
| Net Profit Margin | 2.4% | |||
| 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 Spar Technovet Private Limited, buy the company report.
Board of directors of Spar Technovet Private Limited
Spar Technovet has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sonal Jain | Director | 09 Aug 2021 | 5 Years 2 Months | Current |
| Savita Aggarwal | Director | 09 Aug 2021 | 5 Years 2 Months | Current |
| Apoorva Singh | Director | 09 Aug 2021 | 5 Years 2 Months | Current |
Peer comparison
Spar Technovet Private Limited is compared with the 3 companies closest to it by revenue in the Infrastructure industry (Construction Services), with the same principal business activity (demolition & site preparation, electrical, plumbing & other specialized construction activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Spar Technovet Private Limitedthis company | ₹11.38 Cr (FY 2025) | ₹27.45 Lakh | 2.4% | 89.0% | Delhi, India | |
| Fusionite Infratel Private Limited | ₹11.37 Cr (FY 2024) | 14.0% | Lucknow, Uttar Pradesh, India | |||
| Sainka Constructions Private Limited | ₹11.37 Cr (FY 2024) | 19.0% | New Delhi, Delhi, India | |||
| Space Vision Projects Private Limited | ₹11.37 Cr (FY 2025) | 281.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Spar Technovet Private Limited, buy the company report.
Auditor
Spar Technovet Private Limited is audited by KRISHAN MITTAL & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KRISHAN MITTAL & CO. | FY 2023 | 081607 |
Shareholding
The shareholding of Spar Technovet Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Spar Technovet Private Limited, buy the company report.
Charges & borrowings
Open charges
₹83.5 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Sep 2025 | 101161624 | Others | ₹15.35 Lakh | Open | |
| 26 Oct 2024 | 100995866 | Hdfc Bank Limited | ₹20.75 Lakh | Open | |
| 07 Jun 2024 | 100929352 | Others | ₹17.11 Lakh | Open | |
| 15 Apr 2024 | 100900720 | Others | ₹30.28 Lakh | Open |
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Spar Technovet 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 Spar Technovet Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Spar Technovet Private Limited has 1 active EPFO establishment as of Mar 30, 2024.
Active EPFO establishments
1
GST
Spar Technovet has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07ABGCS6228J1Z1 | Delhi | Active | 26 Oct 2021 |
| 09ABGCS6228J1ZX | Uttar Pradesh | Active | 17 Dec 2023 |
| 06ABGCS6228J1Z3 | Haryana | Active | 11 Jul 2024 |
To see the full GST registrations and return filing status of Spar Technovet Private Limited, buy the company report.
Recent activity
Spar Technovet Private Limited has 5 board changes on record since 2021: 4 appointments and 1 cessation. The latest: Parul Bhatia ceased to be Director on 01 Oct 2024.
AGM
Spar Technovet Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 15.35 Lakh with Charge ID 101161624 was registered on 27 Sep 2025.
Filing
Spar Technovet Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi I.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 20.75 Lakh with Charge ID 100995866 was registered on 26 Oct 2024.
Ceased
Parul Bhatia ceased to be Director.
Charges
A charge with Others amounted to Rs. 17.11 Lakh with Charge ID 100929352 was registered on 07 Jun 2024.
Charges
A charge with Others amounted to Rs. 30.28 Lakh with Charge ID 100900720 was registered on 15 Apr 2024.
Appointed
Parul Bhatia was appointed as Director.
Appointed
Apoorva Singh was appointed as Director.
Appointed
Savita Aggarwal was appointed as Director.
Appointed
Sonal Jain was appointed as Director.
Incorporation
09 Aug 2021
Spar Technovet Private Limited was registered on 09 Aug 2021 with Roc Delhi I & aged 5 years 2 months as per MCA records.
Frequently asked questions
Spar Technovet is an active private limited company based in Delhi, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 09 August 2021 (5+ years old) and is registered under CIN U45400DL2021PTC384946.
Spar Technovet has 3 current directors:
- Sonal Jain - Director
- Savita Aggarwal - Director
- Apoorva Singh - Director
The latest financial statements of Spar Technovet 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 FY 2022 are in the company report.
The GSTIN of Spar Technovet is 07ABGCS6228J1Z1, registered in Delhi. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 09ABGCS6228J1ZX (Uttar Pradesh), 06ABGCS6228J1Z3 (Haryana).
The CIN (Corporate Identification Number) of Spar Technovet is U45400DL2021PTC384946. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spar Technovet was incorporated on 09 August 2021, making it 5+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Spar Technovet by revenue are Fusionite Infratel Private Limited, Sainka Constructions Private Limited, Space Vision Projects Private Limited, all in the Infrastructure industry (Construction Services), with the same principal business activity (demolition & site preparation, electrical, plumbing & other specialized construction activities).
Parul Bhatia ceased to be Director on 01 Oct 2024. Parul Bhatia was appointed as Director on 31 Jan 2022. Apoorva Singh was appointed as Director on 09 Aug 2021. Spar Technovet has 5 board changes on record in total.
Yes, Spar Technovet is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Spar Technovet is registered as an MSME under Udyam registration (number: UDYAM-DL-06-0059267).
Spar Technovet can be reached through the website spartechnovet.com. Its registered office is in Delhi, India.