Sparc Electrex Limited - Company Profile

Q: Who are the current directors of Sparc Electrex Limited?

The current directors of Sparc Electrex Limited are Shobith Ganesh Hegde, Ashok Chhaganbhai Patel, Sushmita Swarup Lunkad, Ashish Mishra, Niraj Hareshbhai Variava, Ravikumar Byrapatna Channappa, Suresh Vishwanathan.

It is a machinery and equipment public limited company based in Mumbai, Maharashtra, India, established in 1989.

1989 Mumbai, Maharashtra, India Active

Last Updated: December 17, 2025

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About Sparc Electrex Limited

Sparc Electrex Limited, a active public limited company, was established on 14 September 1989 in Mumbai, Maharashtra, India. Engaging in industrial machinery manufacturing within the manufacturing sector, it holds CIN: L31100MH1989PLC053467. Registered under ROC Roc Mumbai. it is listed on BSE: 531370. It has an authorized capital of ₹20.00 Cr and a paid-up capital of ₹12.41 Cr.

It upholds a compliant status. In 2023, it reported revenue of ₹5.26 Cr and a net worth of ₹4.25 Cr. Its leadership includes Shobith Ganesh Hegde (Managing Director), Ashok Chhaganbhai Patel (Director), Sushmita Swarup Lunkad (Director). Past directors included Shobith Ganesh Hegde, Bharat Laxmichand Jain, Ashok Chhaganbhai Patel. It holds ₹9.50 M open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 1202, 12Th Floor, Esperanza Building, Next To Bank Of Baroda, 198, Linking Road, Bandra (We, St),, Mumbai, Maharashtra, 400050.

Company Details

CIN/LLPIN
L31100MH1989PLC053467
Registration Number
053467
Incorporation Date
14 September 1989
Authorized Capital
₹20.00 Cr
Paid-Up Capital
₹12.41 Cr
ROC Code
Roc Mumbai
Listing Status
Listed (BSE: 531370)
Company Status
Active

Key Metrics

Authorised Capital ₹ 20.00 Cr as on 17-12-2025
Paid Up Capital ₹ 12.41 Cr as on 17-12-2025
Company Age 36 Year, 9 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 9.50 M as on 17-12-2025
Revenue Growth **** -65.11% (FY 2023)
Profit Growth **** -67.11% (FY 2023)
Ebitda **** 25.22% (FY 2023)
Net Worth 19.59% (FY 2023)
Total Assets **** 29.97% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Sparc Electrex Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Sparc Electrex Limited?

Current Directors

Name	Designation	Appointment Date	Status
Shobith Ganesh Hegde	Managing Director	19 Oct 2021	Current
Ashok Chhaganbhai Patel	Director	22 Apr 2022	Current
Sushmita Swarup Lunkad	Director	22 Apr 2022	Current
Niraj Hareshbhai Variava	Director	08 Jun 2021	Current
Ravikumar Byrapatna Channappa	Director	27 Jun 2020	Current
Suresh Vishwanathan	Director	30 Nov 2021	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Whole-Time Director	13 Aug 2024	Past
Pramod Abcsdd	Director	30 Aug 2017	Past
Pramod Abcsdd	Additional Director	28 May 2022	Past
Pramod Abcsdd	Director	31 Jul 2015	Past
Pramod Abcsdd	Additional Director	28 May 2022	Past
Pramod Abcsdd	Company Secretary	-	Past

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Financial Performance of Sparc Electrex.

Sparc Electrex Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 65.11% decrease. The company also saw a substantial fall in profitability, with a 67.11% decrease in profit. The company's net worth Soared by an impressive increase of 19.59%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-65.11%

*******

Revenue from Operations

*******

-63.13%

*******

Total Assets

*******

29.97%

*******

Profit or Loss

*******

-67.11%

*******

Net Worth

*******

19.59%

*******

EBITDA

*******

25.22%

*******

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What is the Ownership and Shareholding Structure of Sparc Electrex?

In 2023, Sparc Electrex had a promoter holding of 27.12% and a public holding of 72.88%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹9,495,636.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

Others : 0.95 Cr

Latest Charge Details

Date	Lender	Amount	Status
31 Mar 2023	Others	₹9.50 M	Open

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How Many Employees Work at Sparc Electrex?

Unlock and access historical data on people associated with Sparc Electrex, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Sparc Electrex, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Sparc Electrex's trajectory.

Rating

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Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Sparc Electrex

Recent Activity within the Organization

Annual General Meeting

The activity Sparc Electrex Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.
30 Sep 2024
Director Appointment

Ashish Mishra was appointed as a Company Secretary was appointed as a Company Secretary on 19 Jun 2024 & has been associated with this company since 2 years 17 days . was recorded as a recent event.
19 Jun 2024
Balance Sheet

Sparc Electrex Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was recorded as a recent event.
31 Mar 2024
Charges

Progress on A charge with Others amounted to Rs. 0.95 Cr with Charge ID 100710451 was registered on 31 Mar 2023. was documented.
31 Mar 2023
Director Appointment

Ashok Chhaganbhai Patel was appointed as a Director was appointed as a Director on 22 Apr 2022 & has been associated with this company since 4 years 2 months . was recorded as a recent event.
22 Apr 2022
Director Appointment

Progress on Sushmita Swarup Lunkad was appointed as a Director was appointed as a Director on 22 Apr 2022 & has been associated with this company since 4 years 2 months . was documented.
22 Apr 2022

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