About Sparsh Empowering Social Foundation
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Sparsh Empowering Social Foundation is a private not for profit company based in Mumbai, Maharashtra, India. It operates in the educational support services segment of the education and learning sector. It was incorporated on 15 May 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U80301MH2013NPL243325. Its GSTIN is 27AATCS2035H1Z4 (Maharashtra).
It was formerly known as Sparsh Empowering & Education. It is led by directors Gaurav Sawhney and Minali Sawhney.
Its last annual general meeting (AGM) was held on 28 December 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Wework Spectrum Tower 4th Floor, Mindspace Chin Choli Bunder Road Off Link Road Malad (West) Mumbai, Maharashtra, India – 400064.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.32 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹61,000 (net margin 0.3%) and EBITDA of ₹74,000 (EBITDA margin 0.3%). Revenue has grown at a compounded annual rate (CAGR) of 317% over three years and 177% over five years.
The company is associated with 1 brand: Sparsh Empowering.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sparshempowering.org.
Company details
Contact details
Sparsh Empowering Social Foundation's registered office is in Mumbai, Maharashtra. Its website is sparshempowering.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressWework Spectrum Tower 4th Floor, Mindspace Chin Choli Bunder Road Off Link Road Malad (West) Mumbai, Maharashtra, India – 400064
- IndustryEducation & Learing, Educational Support Services
To see the full contact details of Sparsh Empowering Social Foundation, 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
Sparsh Empowering Social Foundation operates one associated brand: Sparsh Empowering. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Social foundation focused on education, skill development, and tech for good in India. | sparshempowering.org |
Financials of Sparsh Empowering Social Foundation
FY 2023 filings availableSparsh Empowering Social Foundation reported revenue of ₹2.32 Cr (up 248% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 177% over five years, including 248% growth in the latest year. EBITDA fell 99% 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
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| EBITDA | ₹74,000 | ||||
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| Net Profit (PAT) | ₹61,000 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 0.3% | ||||
| Net Profit Margin | 0.3% | ||||
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To see the full financial statements and ratios of Sparsh Empowering Social Foundation, buy the company report.
Board of directors of Sparsh Empowering Social Foundation
Sparsh Empowering Social Foundation has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Minali Sawhney | Additional Director | 11 Apr 2024 | 2 Years 6 Months | Current |
| Gaurav Sawhney | Director | 23 Feb 2022 | 4 Years 8 Months | Current |
Auditor
Sparsh Empowering Social Foundation is audited by GORI & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GORI & ASSOCIATES | FY 2021 | 130118W |
Shareholding
The shareholding of Sparsh Empowering Social Foundation is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions and public shareholders.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public |
To see the full shareholding pattern of Sparsh Empowering Social Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Sparsh Empowering Social 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 Sparsh Empowering Social Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sparsh Empowering Social Foundation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AATCS2035H1Z4 | Maharashtra | Active | 31 Oct 2018 |
To see the full GST registrations and return filing status of Sparsh Empowering Social Foundation, buy the company report.
Recent activity
Sparsh Empowering Social Foundation has 10 board changes on record since 2022: 2 appointments and 8 cessations. The latest: Minali Sawhney was appointed as Additional Director on 11 Apr 2024.
1 earlier event is in the company report.
Frequently asked questions
Sparsh Empowering Social Foundation is an active private not for profit company based in Mumbai, Maharashtra, India. The company works in educational support services, within the education and learning industry. It was incorporated on 15 May 2013 (13+ years old) and is registered under CIN U80301MH2013NPL243325.
Sparsh Empowering Social Foundation has 2 current directors:
- Minali Sawhney - Additional Director
- Gaurav Sawhney - Director
The latest financial statements of Sparsh Empowering Social Foundation on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 28 December 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Sparsh Empowering Social Foundation is 27AATCS2035H1Z4, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sparsh Empowering Social Foundation is U80301MH2013NPL243325. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sparsh Empowering Social Foundation was incorporated on 15 May 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
Minali Sawhney was appointed as Additional Director on 11 Apr 2024. Gaurav Sawhney ceased to be Additional Director on 29 Sep 2022. Monika Sikka ceased to be Additional Director on 29 Sep 2022. Sparsh Empowering Social Foundation has 10 board changes on record in total.
Sparsh Empowering Social Foundation can be reached through the website sparshempowering.org. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Sparsh Empowering Social Foundation is at Wework Spectrum Tower 4th Floor, Mindspace Chin Choli Bunder Road Off Link Road Malad West Mumbai, Maharashtra, India – 400064.
Sparsh Empowering Social Foundation operates in the education and learning industry, in the educational support services segment.
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