Sphere Auto Private Limited
About Sphere Auto Private Limited
Data last updated:
Sphere Auto Private Limited was a private limited company based in Gurgaon, Haryana, India, operated as a subsidiary of Ulkavahini Investments Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the automobile dealership and trading segment of the automotive sector. It was incorporated on 22 March 2018.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74999HR2018PTC082447. Its GSTIN is 07ABACS0516P1Z8 (Delhi).
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹10 Lakh. It was led by directors Tarun Bansal (Whole-Time Director) and Dharamveer Singh.
Its last annual general meeting (AGM) was held on 29 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Plot No. – 123 Sector – 3 Imt Manesar, Gurgaon, Haryana, India – 122050.
As per the financials filed for FY 2021, the company reported a revenue of ₹11.3 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹29.48 Lakh (net margin 2.6%) and EBITDA of ₹43.79 Lakh (EBITDA margin 3.9%).
Company details
CIN history
Sphere Auto has one previous CIN (Corporate Identification Number): U74999DL2018PTC331440. The current CIN is U74999HR2018PTC082447, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999HR2018PTC082447 | Current |
| U74999DL2018PTC331440 | Previous |
Contact details
Sphere Auto Private Limited's registered office is in Gurgaon, Haryana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. – 123 Sector – 3 Imt Manesar, Gurgaon, Haryana, India – 122050
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Sphere Auto 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 Sphere Auto is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Sphere Auto Private Limited, buy the company report.
Financials of Sphere Auto Private Limited
FY 2021 filings availableSphere Auto Private Limited reported revenue of ₹11.3 Cr (up 32% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 32% in the latest year. EBITDA rose 117% in the latest 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹11.3 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹43.79 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹29.48 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 3.9% | |||
| Net Profit Margin | 2.6% | |||
| 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 | ||||
To see the full financial statements and ratios of Sphere Auto Private Limited, buy the company report.
Board of directors of Sphere Auto Private Limited
Sphere Auto has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tarun Bansal | Whole-Time Director | 22 Mar 2018 | 8 Years 7 Months | As last reported |
| Dharamveer Singh Also directs: S.N. Castings Limited, Mahadhyuta Automotive Private Limited | Director | 21 Sep 2020 | 6 Years 1 Months | As last reported |
Auditor
Sphere Auto Private Limited is audited by RISHI & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RISHI & CO | FY 2021 | 025434N |
Shareholding
The shareholding of Sphere Auto Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Sphere Auto Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sphere Auto 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
No delayed payments to MSME suppliers are on our record for Sphere Auto Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sphere Auto has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07ABACS0516P1Z8 | Delhi | Active | 17 Apr 2018 |
To see the full GST registrations and return filing status of Sphere Auto Private Limited, buy the company report.
Recent activity
Sphere Auto Private Limited has 5 board changes on record since 2018: 2 appointments and 3 cessations. The latest: Dharamveer Singh ceased to be Additional Director on 23 Dec 2020.
Frequently asked questions
Sphere Auto has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Sphere Auto was a private limited company based in Gurgaon, Haryana, India. The company worked in auto dealership and trading, within the automotive industry. It was incorporated on 22 March 2018 and is registered under CIN U74999HR2018PTC082447. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Sphere Auto was incorporated on 22 March 2018. It is registered with the Registrar of Companies, Delhi.
Sphere Auto had 2 directors:
- Tarun Bansal - Whole-Time Director
- Dharamveer Singh - Director
The CIN (Corporate Identification Number) of Sphere Auto is U74999HR2018PTC082447. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Sphere Auto is at Plot No. – 123 Sector – 3 Imt Manesar, Gurgaon, Haryana, India – 122050.
The latest financial statements of Sphere Auto on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 29 November 2021. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Sphere Auto is 07ABACS0516P1Z8, registered in Delhi.
Sphere Auto operated in the automotive industry, in the auto dealership and trading segment.
Dharamveer Singh ceased to be Additional Director on 23 Dec 2020. Arpit Singhal ceased to be Director on 21 Sep 2020. Dharamveer Singh was appointed as Director on 21 Sep 2020. Sphere Auto has 5 board changes on record in total.