Spark Ignition Foundation
About Spark Ignition Foundation
Data last updated:
Spark Ignition Foundation is a private not for profit company based in Vasai, Maharashtra, India. It operates in the scientific research segment of the research and development 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), Mumbai, under CIN U73100MH2021NPL365599.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹12,000. It is led by directors Praveen Kachhap and Pallavi Vijay Xalxo.
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 Bldg No F – 1 F – 2 G1 Vijay Park Chsl Dias & Pereira Nagar Naigaon West Vasai, Maharashtra, India – 401207.
As per the financials filed for FY 2025, the company reported a revenue of ₹1 Lakh, a decline of 77% compared to the previous year. For the same year it recorded a net loss of ₹9,598 (net margin -9.6%) and EBITDA of -₹9,598 (EBITDA margin -9.6%).
Company details
Contact details
Spark Ignition Foundation's registered office is in Vasai, Maharashtra.
- Registered AddressBldg No F – 1 F – 2 G1 Vijay Park Chsl Dias & Pereira Nagar Naigaon West Vasai, Maharashtra, India – 401207
- IndustryResearch & Development, Science Research
- 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 Ignition Foundation is professional, scientific and technical. In detail, this covers scientific research and development.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M5 | Scientific research and development |
To see the full business activity and turnover split of Spark Ignition Foundation, buy the company report.
Financials of Spark Ignition Foundation
FY 2025 filings availableSpark Ignition Foundation reported revenue of ₹1 Lakh (down 77% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 77% in the latest year. EBITDA rose 40% in the latest 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 |
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| EBITDA | -₹9,598 | |||
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| Net Profit (PAT) | -₹9,598 | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Profitability | ||||
| EBITDA Margin | -9.6% | |||
| Net Profit Margin | -9.6% | |||
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To see the full financial statements and ratios of Spark Ignition Foundation, buy the company report.
Board of directors of Spark Ignition Foundation
Spark Ignition Foundation has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Praveen Kachhap | Director | 09 Aug 2021 | 5 Years 3 Months | Current |
| Pallavi Vijay Xalxo | Director | 09 Aug 2021 | 5 Years 3 Months | Current |
Peer comparison
Spark Ignition Foundation is compared with the 9 companies closest to it by revenue in the same principal business activity (scientific research and development), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Taranirudh Foundation | ₹1.02 Lakh (FY 2024) | 2.0% | Hyderabad, Telangana, India | |||
| D1 Oils India Private Limited | ₹1.01 Lakh (FY 2016) | -13.0% | Delhi, India | |||
| Spark Ignition Foundationthis company | ₹1 Lakh (FY 2025) | -₹9,598 | -9.6% | -77.0% | Vasai, Maharashtra, India | |
| Garner Bio Private Limited | ₹1 Lakh (FY 2025) | -91.0% | Mumbai, Maharashtra, India | |||
| Kairos Kinetic (OPC) Private Limited | ₹1 Lakh (FY 2025) | -87.0% | Chengalpattu, Tamil Nadu, India | |||
| Codon Biosciences Private Limited | ₹99,802 (FY 2020) | -65.0% | Panaji, Goa, India | |||
| Noble Research Publishers Private Limited | ₹98,271 (FY 2025) | 63.0% | Hyderabad, Telangana, India | |||
| Vowels Advanced School of Learning and Research Private Limited | ₹96,529 (FY 2023) | 27.0% | Bengaluru, Karnataka, India | |||
| Indagatus Solutions Private Limited | ₹96,000 (FY 2024) | Cuddalore, Tamil Nadu, India | ||||
| Buz Biotech Consultancy Private Limited | ₹95,000 (FY 2024) | -5.0% | Bardez, Goa, India |
To see the full peer comparison of Spark Ignition Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Spark Ignition Foundation 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 Spark Ignition Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Spark Ignition Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Spark Ignition Foundation has 3 board changes on record since 2021: 2 appointments and 1 cessation. The latest: Albin Thomas ceased to be Director on 17 Mar 2025.
Frequently asked questions
Spark Ignition Foundation is an active private not for profit company based in Vasai, Maharashtra, India. The company works in science research, within the research and development industry. It was incorporated on 09 August 2021 (5+ years old) and is registered under CIN U73100MH2021NPL365599.
Spark Ignition Foundation has 2 current directors:
- Praveen Kachhap - Director
- Pallavi Vijay Xalxo - Director
The latest financial statements of Spark Ignition Foundation 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 CIN (Corporate Identification Number) of Spark Ignition Foundation is U73100MH2021NPL365599. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spark Ignition Foundation was incorporated on 09 August 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Spark Ignition Foundation by revenue are Taranirudh Foundation, D1 Oils India Private Limited, Garner Bio Private Limited, Kairos Kinetic (OPC) Private Limited, Codon Biosciences Private Limited and 4 more, all in the same principal business activity (scientific research and development).
Albin Thomas ceased to be Director on 17 Mar 2025. Pallavi Vijay Xalxo was appointed as Director on 09 Aug 2021. Praveen Kachhap was appointed as Director on 09 Aug 2021.
The registered office of Spark Ignition Foundation is at Bldg No F – 1 F – 2 G1 Vijay Park Chsl Dias & Pereira Nagar Naigaon West Vasai, Maharashtra, India – 401207.
Spark Ignition Foundation operates in the research and development industry, in the science research segment.
Spark Ignition Foundation can be reached at its registered office: Bldg No F – 1 F – 2 G1 Vijay Park Chsl Dias & Pereira Nagar Naigaon West Vasai, Maharashtra, India – 401207.
Spark Ignition Foundation is registered under the jurisdiction of the Registrar of Companies (ROC), Mumbai.
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