Sparkle Minerals Private Limited
About Sparkle Minerals Private Limited
Data last updated:
Sparkle Minerals Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Yali Stone Materials Co.. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 08 January 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U14104KA2010PTC052119. Its GSTIN is 29AANCS8582M1Z7 (Karnataka). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹4.99 Cr. It is led by directors including Chen Guokuan and Shankar Shethy.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at No.15 Gulmohar Apartment Buddhivar Road Frazer Town, Bangalore, Karnataka, India – 560005.
As per the financials filed for FY 2021, the company reported a revenue of ₹5.33 Lakh, a decline of 62% compared to the previous year. For the same year it recorded a net loss of ₹29.87 Lakh and EBITDA of ₹1.45 Lakh (EBITDA margin 27.2%). Revenue has declined at a compounded annual rate (CAGR) of 75% over three years and 58% over five years.
As per MCA filings, the company has satisfied charges of ₹4.74 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sparkle Minerals Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.15 Gulmohar Apartment Buddhivar Road Frazer Town, Bangalore, Karnataka, India – 560005
- IndustryMetals and Minerals, Mining & Mineral Extraction
To see the full contact details of Sparkle Minerals 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 Sparkle Minerals 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 |
Financials of Sparkle Minerals Private Limited
FY 2021 filings availableSparkle Minerals Private Limited reported revenue of ₹5.33 Lakh (down 62% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 58% over five years, including a 62% fall in the latest year. EBITDA rose 104% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹1.45 Lakh | ||||
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| Net Profit (PAT) | -₹29.87 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA Margin | 27.2% | ||||
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To see the full financial statements and ratios of Sparkle Minerals Private Limited, buy the company report.
Board of directors of Sparkle Minerals Private Limited
Sparkle Minerals has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chen Guokuan Also directs: Sunshine Granites Private Limited | Director | 03 Nov 2011 | 15 Years 0 Months | Current |
| Shankar Shethy Also directs: Sunshine Granites Private Limited | Additional Director | 08 Dec 2023 | 2 Years 11 Months | Current |
| Malik Nasar Ahmed | Additional Director | 08 Dec 2023 | 2 Years 11 Months | Current |
Auditor
Sparkle Minerals Private Limited is audited by SUBBA RAO C V & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUBBA RAO C V & ASSOCIATES | FY 2019 | 009710S |
Shareholding
The shareholding of Sparkle Minerals 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 Sparkle Minerals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Oct 2012 | 10440634 | Punjab & Sind Bank | ₹2.38 Cr | Satisfied | |
| 07 Feb 2012 | 10339721 | Punjab & Sind Bank | ₹2.36 Cr | Satisfied |
To see the full charge records of Sparkle Minerals Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Sparkle Minerals Private Limited has 5 court cases on record: 5 filed by Sparkle Minerals. 4 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 4 |
Cases on record (3 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Writ petition | Filed by the company against The State of Telangana | Pending |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against The Joint Commissioner of Central Tax | Pending |
| High Court, TELANGANA | Writ petition | Filed by the company against The Government of Andhra Pradesh, Rep by Its Secretary, and 2 others | Disposed |
To see the full case history of Sparkle Minerals 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 Sparkle Minerals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sparkle Minerals has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AANCS8582M1Z7 | Karnataka | Active | 01 Jul 2017 |
| 36AANCS8582M1ZC | Telangana | Active | 01 Jul 2017 |
| 37AANCS8582M1ZA | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sparkle Minerals Private Limited, buy the company report.
Recent activity
Sparkle Minerals Private Limited has 15 board changes on record since 2010: 9 appointments and 6 cessations. The latest: Mohamed Ishack ceased to be Director on 07 Mar 2024.
10 earlier events are in the company report.
Frequently asked questions
Sparkle Minerals is an active private limited company based in Bangalore, Karnataka, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 08 January 2010 (16+ years old) and is registered under CIN U14104KA2010PTC052119.
Sparkle Minerals has 3 current directors:
- Chen Guokuan - Director
- Shankar Shethy - Additional Director
- Malik Nasar Ahmed - Additional Director
The latest financial statements of Sparkle Minerals on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Sparkle Minerals is 29AANCS8582M1Z7, registered in Karnataka. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 36AANCS8582M1ZC (Telangana), 37AANCS8582M1ZA (Andhra Pradesh).
The CIN (Corporate Identification Number) of Sparkle Minerals is U14104KA2010PTC052119. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sparkle Minerals has 5 court cases on record: 5 filed by the company. 4 are pending.
Sparkle Minerals was incorporated on 08 January 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Mohamed Ishack ceased to be Director on 07 Mar 2024. Noor Zehra ceased to be Director on 07 Mar 2024. Rahim Khan ceased to be Director on 28 Feb 2024. Sparkle Minerals has 15 board changes on record in total.
The registered office of Sparkle Minerals is at No.15 Gulmohar Apartment Buddhivar Road Frazer Town, Bangalore, Karnataka, India – 560005.
Sparkle Minerals operates in the metals and minerals industry, in the mining and mineral extraction segment.
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