About Sprang Automations Private Limited
Data last updated:
Sprang Automations Private Limited is a private limited company based in Ramanagara, Karnataka, India. It operates in the SAAS (software as a service) providers segment of the technology and IT services sector. It was incorporated on 11 May 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U33111KA2011PTC058599. Its GSTIN is 29AARCS2484G1ZR (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Sprang Software Private Limited. It is led by directors Bhavani Sameera Sathyanath and Siddartha Soma.
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 #248/B Phase 2 KIADB Industrial Area Harohalli Kanakapura Taluk, Ramanagara, Karnataka, India – 562112.
As per the financials filed for FY 2024, the company reported a revenue of ₹81.04 Lakh, a growth of 61% compared to the previous year. For the same year it recorded a net loss of ₹4.38 Lakh (net margin -5.4%) and EBITDA of ₹15.94 Lakh (EBITDA margin 19.7%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 8% over five years.
As per MCA filings, the company has open charges of ₹2.14 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sprang.co.in.
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- Registered Address#248/B Phase 2 KIADB Industrial Area Harohalli Kanakapura Taluk, Ramanagara, Karnataka, India – 562112
- IndustryInformation Technology, SaaS (Software as a Service) Providers
- 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 Sprang Automations Private Limited
The main business activity of Sprang Automations is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment | 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 Sprang Automations Private Limited FY 2024 filings available
Sprang Automations Private Limited reported revenue of ₹81.04 Lakh (up 61% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Sprang Automations Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 61% growth in the latest year. EBITDA rose 220% 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 of Sprang Automations Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹15.94 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹4.38 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Sprang Automations Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -5.4% | •••• | •••• | •••• | •••• |
| 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 Sprang Automations are in the company report.
Financial statements from 2015
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 Sprang Automations Private Limited
Sprang Automations Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Auto Ancillary). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lubcon Universal Pvt Ltd | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Amar Clutch Movers Pvt Ltd | •••• | •••• | •••• | •••• | - | Indore, Madhya Pradesh, India |
| Shivhar Precision Private Limited | •••• | •••• | •••• | •••• | - | Ludhiana, Punjab, India |
| Kinetic Gears Pvt Ltd | •••• | •••• | •••• | •••• | 18 | Jaipur, Rajasthan, India |
| Vtwin Motorsports (OPC) Private Limited | •••• | •••• | •••• | •••• | - | Beed, Maharashtra, India |
| Sprang Automations Private Limited this company | •••• | •••• | •••• | •••• | - | Ramanagara, Karnataka, India |
| Sachdeva Auto Engineers Pvt Ltd | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Fate Auto Security Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| RLZ Motorsports Private Limited | •••• | •••• | •••• | •••• | - | Nelamangala, Karnataka, India |
| Mantri Auto Components Private Limited | •••• | •••• | •••• | •••• | - | Kolhapur, Maharashtra, India |
| Maa Durga Electric Motor Vehicle Private Limited | •••• | •••• | •••• | •••• | - | Ghaziabad, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Sprang Automations by revenue in the Automobiles industry (Auto Ancillary), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Sprang Automations Private Limited
Sprang Automations Private Limited is audited by D S K P & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| D S K P & 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 Sprang Automations Private Limited
Sprang Automations has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhavani Sameera Sathyanath | Director | 11 May 2011 | 15 Years 4 Months | Current |
| Siddartha Soma | Director | 11 May 2011 | 15 Years 4 Months | Current |
Ownership and Shareholding of Sprang Automations 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 Sprang Automations Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Jun 2015 | Central Bank of India | ₹2.14 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Sprang Automations Private Limited
Employment history and EPFO contributions of people linked to Sprang Automations.
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.
CIN History of Sprang Automations Private Limited
Sprang Automations has one previous CIN (Corporate Identification Number): U80901KA2011PTC058599. The current CIN is U33111KA2011PTC058599, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U33111KA2011PTC058599 | Current |
| U80901KA2011PTC058599 | Previous |
Recent Activity on Sprang Automations Private Limited
Sprang Automations Private Limited has 3 board changes on record since 2011: 2 appointments and 1 cessation. The latest: Praveen Srinivasappa ceased to be Director on 28 Nov 2016.
Credit Ratings, Litigation & Regulatory Alerts for Sprang Automations 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 Sprang Automations 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 Sprang Automations 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 Sprang Automations Private Limited
Sprang Automations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AARCS2484G1ZR | Karnataka | Active | 01 Jul 2017 |
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 Sprang Automations 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 Sprang Automations Private Limited
Sprang Automations is an active private limited company based in Ramanagara, Karnataka, India. The company works in saas (software as a service) providers, within the information technology industry. It was incorporated on 11 May 2011 (15+ years old) and is registered under CIN U33111KA2011PTC058599.
Sprang Automations reported revenue of ₹81.04 Lakh for FY 2024 (up 61% YoY).
Sprang Automations has 2 current directors:
- Bhavani Sameera Sathyanath - Director
- Siddartha Soma - Director
Sprang Automations reported a net loss of ₹4.38 Lakh (net margin -5.4%) and EBITDA of ₹15.94 Lakh (EBITDA margin 19.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sprang Automations is -18% over three years and 8% over five years. In the latest year (FY 2024) revenue rose 61%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sprang Automations is 29AARCS2484G1ZR, registered in Karnataka.
The CIN (Corporate Identification Number) of Sprang Automations is U33111KA2011PTC058599. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sprang Automations was incorporated on 11 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Sprang Automations by revenue are Lubcon Universal Pvt Ltd, Amar Clutch Movers Pvt Ltd, Shivhar Precision Private Limited, Kinetic Gears Pvt Ltd, Vtwin Motorsports (OPC) Private Limited and 5 more, all in the Automobiles industry (Auto Ancillary).
Praveen Srinivasappa ceased to be Director on 28 Nov 2016. Bhavani Sameera Sathyanath was appointed as Director on 11 May 2011. Siddartha Soma was appointed as Director on 11 May 2011.
Sprang Automations can be reached through the website sprang.co.in. Its registered office is in Ramanagara, Karnataka, India.