Spark India Private Limited
About Spark India Private Limited
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Spark India Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 16 January 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U13100OR1996PTC004306. Its GSTIN is 21AAECS5766N1ZY (Odisha).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Madhusudan Das and Rajesh Kumar Chakra.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Plot No.147/A Budheswari Colony Post Office Lane, Bhubaneswar, Odisha, India – 751001.
As per the financials filed for FY 2020, the company reported a revenue of ₹42.37 Lakh, a decline of 43% compared to the previous year. For the same year it recorded a net profit of ₹1.27 Lakh (net margin 3%) and EBITDA of ₹1.79 Lakh (EBITDA margin 4.2%). Revenue has declined at a compounded annual rate (CAGR) of 40% over three years and 20% over five years.
The company has about 22 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Spark Digital. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Spark India Private Limited's registered office is in Bhubaneswar, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No.147/A Budheswari Colony Post Office Lane, Bhubaneswar, Odisha, India – 751001
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Spark India 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
Brands
Spark India operates one associated brand: Spark Digital. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Services related to the development of custom software | sparkdigital.com |
Business activity
The main business activity of Spark India is mining and quarrying. In detail, this covers other mining & quarrying activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| B | Mining and quarrying | B4 | Other Mining & Quarrying Activities |
To see the full business activity and turnover split of Spark India Private Limited, buy the company report.
Financials of Spark India Private Limited
FY 2020 filings availableSpark India Private Limited reported revenue of ₹42.37 Lakh (down 43% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 20% over five years, including a 43% fall in the latest year. EBITDA fell 21% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | ₹1.79 Lakh | ||||
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| Net Profit (PAT) | ₹1.27 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA Margin | 4.2% | ||||
| Net Profit Margin | 3% | ||||
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To see the full financial statements and ratios of Spark India Private Limited, buy the company report.
Board of directors of Spark India Private Limited
Spark India has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhusudan Das | Director | 20 Jul 2017 | 9 Years 3 Months | Current |
| Rajesh Kumar Chakra | Director | 20 Jul 2017 | 9 Years 3 Months | Current |
Auditor
Spark India Private Limited is audited by N C MEHER & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N C MEHER & CO | FY 2017 | 319185E |
Shareholding
The shareholding of Spark India Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Spark India Private Limited, buy the company report.
Legal cases
Spark India Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jajpur, Orissa | Court case (2 (c)cc) | Filed against the company by State of Odisha | Pending |
| District court, Calcutta, West Bengal | Court case (TS) | Filed against the company by State Bank of India | Disposed |
To see the full case history of Spark India 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 India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Spark India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAECS5766N1ZY | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Spark India Private Limited, buy the company report.
Recent activity
Spark India Private Limited has 6 board changes on record since 2007: 2 appointments and 4 cessations. The latest: Mohammed Latif ceased to be Director on 26 Oct 2022.
News
Frequently asked questions
Spark India is an active private limited company based in Bhubaneswar, Odisha, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 16 January 1996 (30+ years old) and is registered under CIN U13100OR1996PTC004306.
Spark India has 2 current directors:
- Madhusudan Das - Director
- Rajesh Kumar Chakra - Director
The latest financial statements of Spark India on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Spark India is 21AAECS5766N1ZY, registered in Odisha.
The CIN (Corporate Identification Number) of Spark India is U13100OR1996PTC004306. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spark India has 2 court cases on record: 2 filed against it. 1 is pending.
Spark India was incorporated on 16 January 1996, making it 30+ years old. It is registered with the Registrar of Companies, Cuttack.
Mohammed Latif ceased to be Director on 26 Oct 2022. Archana Samal ceased to be Director on 25 Jul 2017. Sanujit Das ceased to be Managing Director on 25 Jul 2017. Spark India has 6 board changes on record in total.
The registered office of Spark India is at Plot No.147A Budheswari Colony Post Office Lane, Bhubaneswar, Odisha, India – 751001.
Spark India operates in the business outsourcing industry, in the business and IT consulting segment.