Sparrow Smart Solutions Private Limited
About Sparrow Smart Solutions Private Limited
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Sparrow Smart Solutions Private Limited is a private limited company based in Bhubaneswar, Odisha, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 01 July 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U72900OR2021PTC036871. Its GSTIN is 21ABGCS3413H1ZR (Odisha).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sanghamitra Panda and Mahendra Chandra Satapathy.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No. 270 And 278 Rasulgarh Bomikhal, Bhubaneswar, Odisha, India – 751010.
As per the financials filed for FY 2024, the company reported a revenue of ₹25.32 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.35 Lakh (net margin 5.3%) and EBITDA of ₹1.84 Lakh (EBITDA margin 7.3%).
The company is associated with 1 brand: Sparrow Campus.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressPlot No. 270 And 278 Rasulgarh Bomikhal, Bhubaneswar, Odisha, India – 751010
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Sparrow Smart Solutions Private Limited
The main business activity of Sparrow Smart Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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 Sparrow Smart Solutions Private Limited FY 2024 filings available
Sparrow Smart Solutions Private Limited reported revenue of ₹25.32 Lakh (up 158% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Sparrow Smart Solutions Private Limited
Revenue rose 158% in the latest year. EBITDA rose 379% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Sparrow Smart Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | ₹1.84 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.35 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 Sparrow Smart Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 7.3% | •••• | •••• |
| Net Profit Margin | 5.3% | •••• | •••• |
| 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 Sparrow Smart Solutions are in the company report.
Financial statements from FY 2022
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 Sparrow Smart Solutions Private Limited
Sparrow Smart Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Linkedteams India Software Private Limited | ₹25.38 Lakh (FY 2016) | •••• | •••• | -66.0% | •••• | Coimbatore, Tamil Nadu, India |
| Cognitive Technologies and Solutions India Private Limited | ₹25.38 Lakh (FY 2022) | •••• | •••• | 180.0% | •••• | Bhubaneswar, Odisha, India |
| Atton Technologies Private Limited | ₹25.36 Lakh (FY 2025) | •••• | •••• | 176.0% | •••• | Pune, Maharashtra, India |
| Denardlabs Private Limited | ₹25.33 Lakh (FY 2020) | •••• | •••• | 157.0% | •••• | Ludhiana, Punjab, India |
| Ladderstack Technologies Private Limited | ₹25.32 Lakh (FY 2022) | •••• | •••• | 1273.0% | •••• | Delhi, India |
| Sparrow Smart Solutions Private Limited this company | ₹25.32 Lakh (FY 2024) | •••• | •••• | 158.0% | •••• | Bhubaneswar, Odisha, India |
| Immence Enterprise Private Limited | ₹25.32 Lakh (FY 2025) | •••• | •••• | -33.0% | •••• | Vadodara, Gujarat, India |
| Incognito Technologies Private Limited | ₹25.31 Lakh (FY 2024) | •••• | •••• | 274.0% | •••• | Jaipur, Rajasthan, India |
| Ran Max Solutions Private Limited | ₹25.3 Lakh (FY 2025) | •••• | •••• | 401.0% | •••• | Coimbatore, Tamil Nadu, India |
| Advanced IT Resources Private Limited | ₹25.27 Lakh (FY 2025) | •••• | •••• | -46.0% | •••• | Delhi, India |
| Awanza Softwares Private Limited | ₹25.27 Lakh (FY 2025) | •••• | •••• | 28.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Sparrow Smart Solutions by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.), 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 Sparrow Smart Solutions Private Limited
Sparrow Smart Solutions Private Limited is audited by P S Kanodia & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P S Kanodia & 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 Sparrow Smart Solutions Private Limited
Sparrow Smart Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanghamitra Panda | Director | 01 Jul 2021 | 5 Years 3 Months | Current |
| Mahendra Chandra Satapathy | Director | 27 Sep 2022 | 4 Years 0 Months | Current |
Ownership and Shareholding of Sparrow Smart Solutions 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 Sparrow Smart Solutions Private Limited
Sparrow Smart Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Sparrow Smart Solutions Private Limited
Sparrow Smart Solutions operates one associated brand: Sparrow Campus. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides campus management software for schools, colleges, and training centers. | sparrowcampus.com |
Employees and EPFO Compliance at Sparrow Smart Solutions Private Limited
Sparrow Smart Solutions Private Limited has a workforce of 0 employees as of Apr 06, 2024.
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 Sparrow Smart Solutions Private Limited
Sparrow Smart Solutions Private Limited has 4 board changes on record since 2021: 2 appointments and 2 cessations. The latest: Sayan Sambit ceased to be Director on 28 Sep 2022.
Credit Ratings, Litigation & Regulatory Alerts for Sparrow Smart Solutions 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 Sparrow Smart Solutions 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 Sparrow Smart Solutions 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 Sparrow Smart Solutions Private Limited
Sparrow Smart Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21ABGCS3413H1ZR | Odisha | Active | 14 Jul 2021 |
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 Sparrow Smart Solutions 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 Sparrow Smart Solutions Private Limited
Sparrow Smart Solutions is an active private limited company based in Bhubaneswar, Odisha, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 01 July 2021 (5+ years old) and is registered under CIN U72900OR2021PTC036871.
Sparrow Smart Solutions reported revenue of ₹25.32 Lakh for FY 2024 (up 158% YoY).
Sparrow Smart Solutions has 2 current directors:
- Sanghamitra Panda - Director
- Mahendra Chandra Satapathy - Director
Sparrow Smart Solutions reported a net profit of ₹1.35 Lakh (net margin 5.3%) and EBITDA of ₹1.84 Lakh (EBITDA margin 7.3%) for FY 2024, as per its filed financial statements.
The GSTIN of Sparrow Smart Solutions is 21ABGCS3413H1ZR, registered in Odisha.
The CIN (Corporate Identification Number) of Sparrow Smart Solutions is U72900OR2021PTC036871. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sparrow Smart Solutions was incorporated on 01 July 2021, making it 5+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Sparrow Smart Solutions by revenue are Linkedteams India Software Private Limited, Cognitive Technologies and Solutions India Private Limited, Atton Technologies Private Limited, Denardlabs Private Limited, Ladderstack Technologies Private Limited and 5 more, all in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.).
Sayan Sambit ceased to be Director on 28 Sep 2022. Mahendra Chandra Satapathy was appointed as Director on 27 Sep 2022. Mahendra Pradhan ceased to be Director on 02 Mar 2022. Sparrow Smart Solutions has 4 board changes on record in total.
Yes, Sparrow Smart Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Sparrow Smart Solutions is at Plot No. 270 And 278 Rasulgarh Bomikhal, Bhubaneswar, Odisha, India – 751010.