MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-04-0022473
Spark Minda Green Mobility Systems Private Limited - automotive in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹40.57 Cr
▲ 14% YoY
Net loss · FY 2025
₹8.55 Cr
Net margin -21.1%
EBITDA · FY 2025
-₹6.55 Cr
EBITDA margin -16.1%
Authorised capital
₹50 Cr
Registered with MCA
Paid-up capital
₹39.8 Cr
Issued & subscribed
Open charges
₹15 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Employees · EPFO
62
Provident fund records
About Spark Minda Green Mobility Systems Private Limited
Data last updated:
Spark Minda Green Mobility Systems Private Limited is a private limited company based in Delhi, India, a subsidiary of Minda Corporation Limited. It operates in the electrical and bio fuel vehicles segment of the automotive sector. It was incorporated on 22 February 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U34100DL2021PTC377353. Its GSTIN is 27ABFCS5147M1ZU (Maharashtra).
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹39.8 Cr. It is led by directors including Suresh Dorai Nadar and Rakesh Kalra.
Its last annual general meeting (AGM) was held on 12 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 15 Ashok Vihar Phase – I, Delhi, India – 110052.
As per the financials filed for FY 2025, the company reported a revenue of ₹40.57 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net loss of ₹8.55 Cr (net margin -21.1%) and EBITDA of -₹6.55 Cr (EBITDA margin -16.1%). Revenue has grown at a compounded annual rate (CAGR) of 337% over three years.
The company has about 62 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15 Cr on record.
Spark Minda Green Mobility Systems Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-04-0022473). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mindacorporation.com.
Company details
CIN U34100DL2021PTC377353
Registration Number 377353
Incorporation Date 22 February 2021
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 12 August 2025
Date of Balance Sheet 31 March 2025
Parent Company Minda Corporation Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-DL-04-0022473
Recognitions & Rankings of Spark Minda Green Mobility Systems
Contact details
Spark Minda Green Mobility Systems Private Limited's registered office is in Delhi, Delhi. Its website is mindacorporation.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 15 Ashok Vihar Phase – I, Delhi, India – 110052
- IndustryAutomotive, Electrical and Bio Fuel Vehicles
To see the full contact details of Spark Minda Green Mobility Systems Private Limited, buy the company report.
Comprehensive company report
Spark Minda Green Mobility Systems Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Spark Minda Green Mobility Systems is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Spark Minda Green Mobility Systems Private Limited, buy the company report.
Financials of Spark Minda Green Mobility Systems Private Limited
FY 2025 filings availableSpark Minda Green Mobility Systems Private Limited reported revenue of ₹40.57 Cr (up 14% YoY) for FY 2025.
Revenue · FY 2025
₹40.57 Cr ▲ 14%
Net loss · FY 2025
₹8.55 Cr margin -21.1%
EBITDA · FY 2025
-₹6.55 Cr margin -16.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 337%
EBITDA CAGR growth
1 year
▼ 62%
3 years · compounded
▼ 27%
Revenue has grown at a compounded annual rate (CAGR) of 337% over three years, including 14% growth in the latest year. EBITDA fell 62% 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 | -₹6.55 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹8.55 Cr | ||||
| Balance Sheet | |||||
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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 | -16.1% | ||||
| Net Profit Margin | -21.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Spark Minda Green Mobility Systems Private Limited, buy the company report.
Board of directors of Spark Minda Green Mobility Systems Private Limited
Spark Minda Green Mobility Systems has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Dorai Nadar | Director | 22 Feb 2021 | 5 Years 8 Months | Current |
| Rakesh Kalra Also directs: Accurate Gauging and Instruments Pvt Ltd, Pan Gulf Technologies Limited, Minda Instruments Limited and 1 more | Director | 29 Jun 2021 | 5 Years 4 Months | Current |
| Aakash Minda Also directs: Minda Corporation Limited, Minda-Hcmf Technologies Private Limited, Minda Infac Private Limited and 4 more | Director | 22 Feb 2021 | 5 Years 8 Months | Current |
Auditor
Spark Minda Green Mobility Systems Private Limited is audited by S S A and Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S S A and Associates | FY 2023 | 032475N |
Shareholding
The shareholding of Spark Minda Green Mobility Systems Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Spark Minda Green Mobility Systems Private Limited, buy the company report.
Charges & borrowings
Open charges
₹15 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Sep 2025 | 101166413 | Hdfc Bank Limited | ₹15 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Spark Minda Green Mobility Systems Private Limited 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
Spark Minda Green Mobility Systems Private Limited has 8 MSME Form 1 returns on record between 2021 and 2024, listing 271 overdue payments to 34 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 34)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Trimurti Enterprises | |||
| Top Harnesses Private Limited | |||
| R & N Techauto Industries Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Spark Minda Green Mobility Systems Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Spark Minda Green Mobility Systems has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Associated companies
Employees & EPFO
Spark Minda Green Mobility Systems Private Limited has a workforce of 62 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
Employee count
62
Active EPFO establishments
1
Employee growth
40.91%
GST
Spark Minda Green Mobility Systems has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABFCS5147M1ZU | Maharashtra | Active | 29 Apr 2021 |
To see the full GST registrations and return filing status of Spark Minda Green Mobility Systems Private Limited, buy the company report.
Recent activity
Spark Minda Green Mobility Systems Private Limited has 4 board changes on record since 2021: 3 appointments and 1 cessation. The latest: Rakesh Kalra ceased to be Additional Director on 10 Jun 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 15.00 Cr with Charge ID 101166413 was registered on 19 Sep 2025.
AGM
Spark Minda Green Mobility Systems Private Limited last Annual general meeting of members was held on 12 Aug 2025 as per latest MCA records.
Filing
Spark Minda Green Mobility Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi Ii.
Ceased
Rakesh Kalra ceased to be Additional Director.
Appointed
Rakesh Kalra was appointed as Director.
Appointed
Aakash Minda was appointed as Director.
Appointed
Suresh Dorai Nadar was appointed as Director.
Incorporation
22 Feb 2021
Spark Minda Green Mobility Systems Private Limited was registered on 22 Feb 2021 with Roc Delhi Ii & aged 5 years 8 months as per MCA records.
Frequently asked questions
Spark Minda Green Mobility Systems is an active private limited company based in Delhi, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 22 February 2021 (5+ years old) and is registered under CIN U34100DL2021PTC377353.
Spark Minda Green Mobility Systems has 3 current directors:
- Suresh Dorai Nadar - Director
- Rakesh Kalra - Director
- Aakash Minda - Director
The latest financial statements of Spark Minda Green Mobility Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 12 August 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Spark Minda Green Mobility Systems is 27ABFCS5147M1ZU, registered in Maharashtra.
The CIN (Corporate Identification Number) of Spark Minda Green Mobility Systems is U34100DL2021PTC377353. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spark Minda Green Mobility Systems was incorporated on 22 February 2021, making it 5+ years old. It is registered with the Registrar of Companies, Delhi.
Rakesh Kalra ceased to be Additional Director on 10 Jun 2022. Rakesh Kalra was appointed as Director on 29 Jun 2021. Aakash Minda was appointed as Director on 22 Feb 2021. Spark Minda Green Mobility Systems has 4 board changes on record in total.
Yes, Spark Minda Green Mobility Systems is registered as a small enterprise under Udyam registration (number: UDYAM-DL-04-0022473).
Spark Minda Green Mobility Systems has 8 MSME Form 1 returns on record between 2021 and 2024, listing 271 overdue payments to 34 micro and small suppliers. The latest return was filed on 23 Apr 2024.
Spark Minda Green Mobility Systems can be reached through the website mindacorporation.com. Its registered office is in Delhi, India.
The registered office of Spark Minda Green Mobility Systems is at A – 15 Ashok Vihar Phase – I, Delhi, India – 110052.
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