Spark Abrasive Private Limited
About Spark Abrasive Private Limited
Data last updated:
Spark Abrasive Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 30 January 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1991PTC042913. Its GSTIN is 09AAACS1208H1ZO (Uttar Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹17.79 Lakh. It is led by directors Manish Aggarwal and Mohit Aggarwal.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 58 F/F Gali No 5 Gyan Park Near Ram Mandir, New Delhi, Delhi, India – 110051.
As per the financials filed for FY 2022, the company reported a revenue of ₹87.5 Lakh, a growth of 35% compared to the previous year. For the same year it recorded a net loss of ₹36.62 Lakh (net margin -41.9%) and EBITDA of ₹14.18 Lakh (EBITDA margin 16.2%). Revenue has declined at a compounded annual rate (CAGR) of 30% over three years and 12% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.36 Cr and satisfied charges of ₹52.47 Lakh on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Spark Abrasive Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address58 F/F Gali No 5 Gyan Park Near Ram Mandir, New Delhi, Delhi, India – 110051
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing, Industrial Tools & Components
To see the full contact details of Spark Abrasive 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
Business activity
The main business activity of Spark Abrasive is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Spark Abrasive Private Limited, buy the company report.
Financials of Spark Abrasive Private Limited
FY 2022 filings availableSpark Abrasive Private Limited reported revenue of ₹87.5 Lakh (up 35% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 35% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 12%. EBITDA rose 10% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹14.18 Lakh | ||||
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| Net Profit (PAT) | -₹36.62 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | 16.2% | ||||
| Net Profit Margin | -41.9% | ||||
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To see the full financial statements and ratios of Spark Abrasive Private Limited, buy the company report.
Board of directors of Spark Abrasive Private Limited
Spark Abrasive 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 |
|---|---|---|---|---|
| Manish Aggarwal | Director | 30 Sep 2011 | 15 Years 1 Months | Current |
| Mohit Aggarwal | Director | 30 Sep 2011 | 15 Years 1 Months | Current |
Auditor
Spark Abrasive Private Limited is audited by SANJEEV RAJ & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJEEV RAJ & ASSOCIATES | FY 2019 | 015202N |
Shareholding
The shareholding of Spark Abrasive Private Limited 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 Spark Abrasive Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Nov 2020 | 100398335 | Others | ₹51 Lakh | Open | |
| 27 Jan 2020 | 100352541 | Others | ₹50 Lakh | Open | |
| 23 Nov 2004 | 90333547 | Hdfc Bank Ltd. | ₹35 Lakh | Open | |
| 27 Mar 2017 | 100087366 | Others | ₹52.47 Lakh | Satisfied |
To see the full charge records of Spark Abrasive Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Spark Abrasive Private Limited has 2 court cases on record: 1 filed by Spark Abrasive, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Civil suit | Filed by the company against Cholamandalam Investment and Finance Company Ltd | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by RBL Bank Ltd | Disposed |
To see the full case history of Spark Abrasive Private Limited, 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 Spark Abrasive Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Spark Abrasive Private Limited has a workforce of 5 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Spark Abrasive has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAACS1208H1ZO | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Spark Abrasive Private Limited, buy the company report.
Recent activity
Spark Abrasive Private Limited has 4 board changes on record since 2011: 2 appointments and 2 cessations. The latest: Ashok Kumar ceased to be Managing Director on 01 Sep 2021.
Frequently asked questions
Spark Abrasive is an active private limited company based in New Delhi, Delhi, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 30 January 1991 (35+ years old) and is registered under CIN U74899DL1991PTC042913.
Spark Abrasive has 2 current directors:
- Manish Aggarwal - Director
- Mohit Aggarwal - Director
The latest financial statements of Spark Abrasive on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Spark Abrasive is 09AAACS1208H1ZO, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Spark Abrasive is U74899DL1991PTC042913. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spark Abrasive has 2 court cases on record: 1 filed by the company and 1 filed against it.
Spark Abrasive was incorporated on 30 January 1991, making it 35+ years old. It is registered with the Registrar of Companies, Delhi.
Ashok Kumar ceased to be Managing Director on 01 Sep 2021. Parveen Rani ceased to be Director on 15 Feb 2017. Manish Aggarwal was appointed as Director on 30 Sep 2011. Spark Abrasive has 4 board changes on record in total.
The registered office of Spark Abrasive is at 58 FF Gali No 5 Gyan Park Near Ram Mandir, New Delhi, Delhi, India – 110051.
Spark Abrasive operates in the machinery and equipment industry, in the industrial machinery manufacturing segment.
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