Spark Development Private Limited
About Spark Development Private Limited
Data last updated:
Spark Development Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 08 February 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH1988PTC046150. Its GSTIN is 27AAGCS0656K1Z3 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹85 Lakh. It is led by directors including Costao Xavier Marquis and Preeti Marquis.
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 401/501 Bhanu 6 Vithal Nagar 10th Road Jvpd Scheme Vile Parle (West), Mumbai, Maharashtra, India – 400049.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.02 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net loss of ₹34.53 Lakh (net margin -33.9%) and EBITDA of -₹14.03 Lakh (EBITDA margin -13.8%). Revenue has declined at a compounded annual rate (CAGR) of 28% over three years and 37% over five years.
As per MCA filings, the company has open charges of ₹12.15 Cr and satisfied charges of ₹16.85 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address401/501 Bhanu 6 Vithal Nagar 10th Road Jvpd Scheme Vile Parle (West), Mumbai, Maharashtra, India – 400049
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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 Spark Development Private Limited
The main business activity of Spark Development is construction. In detail, this covers construction of buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | 41 | Construction of buildings | 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 Spark Development Private Limited FY 2025 filings available
Spark Development Private Limited reported revenue of ₹1.02 Cr (down 19% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Spark Development Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 37% over five years, including a 19% fall in the latest year. EBITDA rose 24% 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 Spark Development Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹14.03 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹34.53 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 of Spark Development Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -13.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -33.9% | •••• | •••• | •••• | •••• |
| 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 Spark Development 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.
Peer Comparison of Spark Development Private Limited
Spark Development Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aarush Devcon Private Limited | ₹1.02 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | Indore, Madhya Pradesh, India |
| Pioneer Landcons Private Limited | ₹1.02 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Chandigarh, India |
| Sarvsanjhi Constructions Private Limited | ₹1.02 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | New Delhi, Delhi, India |
| N K Agarwal Buildcon Private Limited | ₹1.02 Cr (FY 2025) | •••• | •••• | -78.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Venus Engineers (Chennai) Private Limited | ₹1.02 Cr (FY 2018) | •••• | •••• | 4.0% | •••• | Chennai, Tamil Nadu, India |
| Spark Development Private Limited this company | ₹1.02 Cr (FY 2024) | •••• | •••• | -19.0% | •••• | Mumbai, Maharashtra, India |
| Puspanjali Realtors Private Limited | ₹1.02 Cr (FY 2024) | •••• | •••• | -26.0% | •••• | Agra, Uttar Pradesh, India |
| Joy Homecreation Limited | ₹1.02 Cr (FY 2025) | •••• | •••• | -86.0% | •••• | Mumbai, Maharashtra, India |
| Wangre Builders & Developers Private Limited | ₹1.02 Cr (FY 2025) | •••• | •••• | 71.0% | •••• | Raigarh, Maharashtra, India |
| Siwal Projects Private Limited | ₹1.02 Cr (FY 2025) | •••• | •••• | -67.0% | •••• | Kolkata, West Bengal, India |
| Indian Dwellings Private Limited | ₹1.02 Cr (FY 2025) | •••• | •••• | 357.0% | •••• | Bulandshahr, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Spark Development by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Spark Development Private Limited
Spark Development Private Limited is audited by J H & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J H & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Spark Development Private Limited
Spark Development has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Costao Xavier Marquis Also directs: Matrix Beach Resort LLP, Marquis Hotels Limited, Avni Farms and Tourism Private Limited and 3 more | Director | 08 Feb 1988 | 38 Years 8 Months | Current |
| Preeti Marquis Also directs: Marquis Hotels Limited, Marquis Farms Private Limited, Marquis Trading Company Private Limited and 2 more | Director | 08 Feb 1988 | 38 Years 8 Months | Current |
| Columbus Marquis | Director | 20 Jun 2018 | 8 Years 3 Months | Current |
Ownership and Shareholding of Spark Development 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 Spark Development Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jul 2025 | Hdfc Bank Limited | ₹5.5 Cr | Open |
| 11 Jan 2019 | Hdfc Bank Limited | ₹2.5 Cr | Open |
| 19 May 2012 | Hdfc Bank Limited | ₹3.5 Cr | Open |
| 12 Apr 2012 | Hdfc Bank Limited | ₹65 Lakh | Open |
| 31 Mar 2016 | Axis Bank Limited | ₹14 Cr | Satisfied |
Total charge records: 6 View all charges
Legal Cases of Spark Development Private Limited
Spark Development Private Limited has 3 court cases on record: 3 filed against it. 2 cases are pending and 1 is disposed. Status as checked between 01 Oct 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Spark Development Private Limited
Employment history and EPFO contributions of people linked to Spark Development.
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 Spark Development Private Limited
Spark Development Private Limited has 3 board changes on record since 1988: 3 appointments. The latest: Columbus Marquis was appointed as Director on 20 Jun 2018.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Spark Development 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 Spark Development 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 Spark Development 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 Spark Development Private Limited
Spark Development has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCS0656K1Z3 | Maharashtra | Active | 01 Jul 2017 |
| 30AAGCS0656K1ZG | Goa | Active | 21 Jun 2018 |
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 Spark Development 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 Spark Development Private Limited
Spark Development is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 08 February 1988 (38+ years old) and is registered under CIN U70100MH1988PTC046150.
Spark Development reported revenue of ₹1.02 Cr for FY 2024 (down 19% YoY).
Spark Development has 3 current directors:
- Costao Xavier Marquis - Director
- Preeti Marquis - Director
- Columbus Marquis - Director
Spark Development reported a net loss of ₹34.53 Lakh (net margin -33.9%) and EBITDA of -₹14.03 Lakh (EBITDA margin -13.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Spark Development is -28% over three years and -37% over five years. In the latest year (FY 2024) revenue fell 19%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Spark Development is 27AAGCS0656K1Z3, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 30AAGCS0656K1ZG (Goa).
The CIN (Corporate Identification Number) of Spark Development is U70100MH1988PTC046150. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spark Development has 3 court cases on record: 3 filed against it. 2 are pending.
Spark Development was incorporated on 08 February 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Spark Development by revenue are Aarush Devcon Private Limited, Pioneer Landcons Private Limited, Sarvsanjhi Constructions Private Limited, N K Agarwal Buildcon Private Limited, Venus Engineers (Chennai) Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Columbus Marquis was appointed as Director on 20 Jun 2018. Costao Xavier Marquis was appointed as Director on 08 Feb 1988. Preeti Marquis was appointed as Director on 08 Feb 1988.