About Sparex Pvt Ltd
Data last updated:
Sparex Pvt Ltd is a private limited company based in Rajkot, Gujarat, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 11 August 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29120GJ1992PTC018146. Its GSTIN is 24AACCS9933R1ZL (Gujarat).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.02 Lakh. It is led by directors including Devendra Nanalal Dave and Priscilla Deepak Kamani.
Its last annual general meeting (AGM) was held on 18 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 119 Rajlaxmi Complex 16 Vijay Plot Gondal Road, Rajkot, Gujarat, India – 360002.
As per the financials filed for FY 2025, the company reported a revenue of ₹27.4 Lakh, a decline of 73% compared to the previous year. For the same year it recorded a net loss of ₹1.7 Lakh (net margin -6.2%) and EBITDA of ₹81,958 (EBITDA margin 3%). Revenue has declined at a compounded annual rate (CAGR) of 57% over three years and 22% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹2.9 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sparex-india.com.
Company details
Contact details
Sparex Pvt Ltd's registered office is in Rajkot, Gujarat. Its website is sparex-india.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address119 Rajlaxmi Complex 16 Vijay Plot Gondal Road, Rajkot, Gujarat, India – 360002
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Sparex Pvt Ltd, 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
Business activity
The main business activity of Sparex is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Sparex Pvt Ltd, buy the company report.
Financials of Sparex Pvt Ltd
FY 2025 filings availableSparex Pvt Ltd reported revenue of ₹27.4 Lakh (down 73% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 22% over five years, including a 73% fall in the latest year. EBITDA rose 121% 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 | FY 2020-21 |
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| EBITDA | ₹81,958 | ||||
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| Net Profit (PAT) | -₹1.7 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3% | ||||
| Net Profit Margin | -6.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Sparex Pvt Ltd, buy the company report.
Board of directors of Sparex Pvt Ltd
Sparex has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devendra Nanalal Dave Also directs: Zuri Hospitality Services LLP, Zuri Energy Private Limited, Zuri Hospitality Private Limited and 3 more | Director | 14 Nov 2014 | 11 Years 11 Months | Current |
| Priscilla Deepak Kamani | Director | 09 Feb 2015 | 11 Years 9 Months | Current |
| Kamani Deepakkumar Chamanlal Vrajlal Also directs: Zuri Energy Private Limited, Zuri Hospitality Private Limited, Maisha Hospitality Private Limited and 2 more | Director | 01 Jun 1995 | 31 Years 5 Months | Current |
| Abhishek Rashmi Kamani Also directs: Zuri Hospitality Services LLP, Zuri Energy Private Limited, Zuri Hospitality Private Limited and 3 more | Director | 14 Nov 2014 | 11 Years 11 Months | Current |
Auditor
Sparex Pvt Ltd is audited by KOTAK & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KOTAK & CO | FY 2019 | 105276W |
Shareholding
The shareholding of Sparex Pvt Ltd is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sparex Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Feb 2020 | 100325603 | Others | ₹40 Lakh | Satisfied | |
| 23 Nov 2015 | 10607088 | Corporation Bank | ₹1.5 Cr | Satisfied | |
| 28 Sep 2010 | 10313927 | Bank of Baroda | ₹75 Lakh | Satisfied | |
| 14 Apr 1999 | 90095636 | Corporation Bank | ₹25 Lakh | Satisfied |
To see the full charge records of Sparex Pvt Ltd, buy the company report.
Total charge records: 4 View all charges
Legal cases
Sparex Pvt Ltd has 1 court case on record: 1 filed by Sparex. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against Gujarat Electricity Board and 2 others | Disposed |
To see the full case history of Sparex Pvt Ltd, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sparex Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sparex Pvt Ltd has a workforce of 1 employees on its EPFO records as of Dec 2022, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2022-23 | 1 |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Sparex Pvt Ltd, buy the company report.
GST
Sparex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCS9933R1ZL | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sparex Pvt Ltd, buy the company report.
Recent activity
Sparex Pvt Ltd has 12 board changes on record since 1995: 4 appointments and 8 cessations. The latest: Vrajlal Vithaldas Joshi ceased to be Director on 05 Feb 2019.
12 earlier events are in the company report.
Frequently asked questions
Sparex is an active private limited company based in Rajkot, Gujarat, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 11 August 1992 (34+ years old) and is registered under CIN U29120GJ1992PTC018146.
Sparex has 4 current directors:
- Devendra Nanalal Dave - Director
- Priscilla Deepak Kamani - Director
- Kamani Deepakkumar Chamanlal Vrajlal - Director
- Abhishek Rashmi Kamani - Director
The latest financial statements of Sparex on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 18 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sparex is 24AACCS9933R1ZL, registered in Gujarat.
The CIN (Corporate Identification Number) of Sparex is U29120GJ1992PTC018146. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sparex has 1 court case on record: 1 filed by the company.
Sparex was incorporated on 11 August 1992, making it 34+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Vrajlal Vithaldas Joshi ceased to be Director on 05 Feb 2019. Abhishek Rashmi Kamani ceased to be Additional Director on 30 Sep 2015. Devendra Nanalal Dave ceased to be Additional Director on 30 Sep 2015. Sparex has 12 board changes on record in total.
Sparex can be reached through the website sparex-india.com. Its registered office is in Rajkot, Gujarat, India.
The registered office of Sparex is at 119 Rajlaxmi Complex 16 Vijay Plot Gondal Road, Rajkot, Gujarat, India – 360002.
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