MSME (Udyam registered) Ministry of MSME
- Category
- Small (2020-21)
- Udyam number
- UDYAM-KR-25-0001466
Technospark Industries India Private Limited - machinery and equipment in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹16.52 Cr
▲ 50% YoY
Net profit · FY 2021
₹47.04 Lakh
Net margin 2.8%
EBITDA · FY 2021
₹7.32 Cr
EBITDA margin 44.3%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.75 Cr
Issued & subscribed
Open charges
₹58.16 Cr
Satisfied ₹8.36 Cr
Company age
36 yrs
Est. 1990
Employees · EPFO
79
Provident fund records
About Technospark Industries India Private Limited
Data last updated:
Technospark Industries India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 21 June 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U14101KA1990PTC011015. Its GSTIN is 29AACCT1295P1ZN (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.75 Cr. It was formerly known as Techno Spark Granites Private Limited and Sree Ajay Marble and Granites Pvt Ltd. It is led by directors Suresh Mohan (Managing Director) and Surekha Suresh.
Its last annual general meeting (AGM) was held on 03 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 1341 Kavalbyrasandrar T Nagar Poste (Nr Dr.Ambedkar Medical Colleg, Bangalore, Karnataka, India – 560032.
As per the financials filed for FY 2021, the company reported a revenue of ₹16.52 Cr, a growth of 50% compared to the previous year. For the same year it recorded a net profit of ₹47.04 Lakh (net margin 2.8%) and EBITDA of ₹7.32 Cr (EBITDA margin 44.3%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 2% over five years.
The company has about 79 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹58.16 Cr and satisfied charges of ₹8.36 Cr on record. Court records list 21 cases involving the company, including 3 filed by the company and 18 filed against it; 8 cases are pending. The company has 6 deals on record (3 funding rounds, 2 rights issues, 1 secondary share transfer), with disclosed funding of ₹1.55 Cr; the latest was in March 2019.
Technospark Industries India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-25-0001466). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website technosparkindustries.com.
Company details
CIN U14101KA1990PTC011015
Registration Number 011015
Incorporation Date 21 June 1990
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 03 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-25-0001466
Name history
Technospark Industries India has undergone 2 name changes throughout its history. The company was previously known as Techno Spark Granites Private Limited, and Sree Ajay Marble And Granites Pvt Ltd. The current legal name is Technospark Industries India Private Limited.
| Company Name | Status |
|---|---|
| Technospark Industries India Private Limited | Current |
| Techno Spark Granites Private Limited | Previous |
| Sree Ajay Marble And Granites Pvt Ltd | Previous |
Recognitions & Rankings of Technospark Industries India
Contact details
Technospark Industries India Private Limited's registered office is in Bangalore, Karnataka. Its website is technosparkindustries.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address1341 Kavalbyrasandrar T Nagar Poste (Nr Dr.Ambedkar Medical Colleg, Bangalore, Karnataka, India – 560032
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Technospark Industries India Private Limited, buy the company report.
Comprehensive company report
Technospark Industries India Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Technospark Industries India is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Technospark Industries India Private Limited, buy the company report.
Financials of Technospark Industries India Private Limited
FY 2021 filings availableTechnospark Industries India Private Limited reported revenue of ₹16.52 Cr (up 50% YoY) for FY 2021.
Revenue · FY 2021
₹16.52 Cr ▲ 50%
Net profit · FY 2021
₹47.04 Lakh margin 2.8%
EBITDA · FY 2021
₹7.32 Cr margin 44.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 50%
3 years · compounded
▲ 6%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▲ 23%
3 years · compounded
▲ 21%
5 years · compounded
▲ 23%
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 50% growth in the latest year. EBITDA rose 23% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹16.52 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹7.32 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹47.04 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 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 44.3% | ||||
| Net Profit Margin | 2.8% | ||||
| 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 Technospark Industries India Private Limited, buy the company report.
Board of directors of Technospark Industries India Private Limited
Technospark Industries India has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Mohan Also directs: Krisu Impex Private Limited | Managing Director | 01 May 1994 | 32 Years 5 Months | Current |
| Surekha Suresh | Director | 01 Dec 1996 | 29 Years 10 Months | Current |
Auditor
Technospark Industries India Private Limited is audited by KOTRESH & KUMAR for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KOTRESH & KUMAR | FY 2021 | 005910S |
Shareholding
The shareholding of Technospark Industries India Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Technospark Industries India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹58.16 Cr
Satisfied charges
₹8.36 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Mar 2020 | 100333523 | Canara Bank | ₹34 Lakh | Open | |
| 04 Apr 2019 | 100256390 | Canara Bank | ₹79 Lakh | Open | |
| 21 Mar 2013 | 10418961 | Canara Bank | ₹26 Lakh | Open | |
| 30 Jun 2010 | 10233998 | Canara Bank | ₹4.24 Lakh | Open | |
| 31 Oct 2005 | 80034278 | Canara Bank | ₹56.72 Cr | Open |
To see the full charge records of Technospark Industries India Private Limited, buy the company report.
Total charge records: 35 View all charges
Deals & funding
Technospark Industries India Private Limited has 6 deals on record (3 funding rounds, 2 rights issues, 1 secondary share transfer), with disclosed funding of ₹1.55 Cr; the latest was in March 2019.
Total deals
6
Funding rounds
3
Rights issues
2
Secondary share transfer
1
Disclosed funding
₹1.55 Cr
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Funding round | ₹1 Cr | Investors: 2 individuals |
| Jul 2016 | Rights issue | ₹75 Lakh | Investors: an individual |
| Jun 2014 | Rights issue | ₹20 Lakh | Investors: an individual |
| Sep 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Nov 2009 | Funding round | ₹40 Lakh | Investors: 2 individuals |
To see the full deal history of Technospark Industries India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Technospark Industries India Private Limited has 21 court cases on record: 3 filed by Technospark Industries India, 18 filed against it. 8 cases are pending and 13 are disposed.
Total cases
21
Filed by the company
3
Filed against the company
18
Pending
8
Disposed
13
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 15 | 3 |
| High courts | 6 | 3 | 5 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Criminal case | Filed against the company by St John Freight Systems Limited | Pending |
| District court, Chennai, Tamil Nadu | Criminal miscellaneous application | Filed against the company by St. John Freight Systems Limited Rep by Mohamed Nishan | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by GSJ Logistics Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Inland World Logistics Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal miscellaneous application | Filed against the company by Canara Bank | Disposed |
To see the full case history of Technospark Industries India 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.
Credit ratings & regulatory alerts
Technospark Industries India Private Limited was last rated by Brickwork on 30 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 30 Sep 2021 |
To see the full credit ratings and regulatory alerts of Technospark Industries India Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Technospark Industries India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Technospark Industries India Private Limited has a workforce of 79 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
79
Active EPFO establishments
1
Employee growth
-4.82%
GST
Technospark Industries India has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCT1295P1ZN | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Technospark Industries India Private Limited, buy the company report.
Recent activity
Technospark Industries India Private Limited has 3 board changes on record since 1994: 2 appointments and 1 cessation. The latest: Sharan Suresh ceased to be Additional Director on 31 Mar 2019.
Charges
A charge with Canara Bank of Rs. 56.72 Cr registered on 31 Oct 2005 with Charge ID 80034278 was modified on 08 Apr 2022.
AGM
Technospark Industries India Private Limited last Annual general meeting of members was held on 03 Nov 2021 as per latest MCA records.
Filing
Technospark Industries India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.
Charges
A charge with Canara Bank amounted to Rs. 0.34 Cr with Charge ID 100333523 was registered on 16 Mar 2020.
Charges
A charge with Canara Bank amounted to Rs. 0.79 Cr with Charge ID 100256390 was registered on 04 Apr 2019.
Ceased
Sharan Suresh ceased to be Additional Director.
Charges
A charge registered on 08 Nov 2013 via Charge ID 10462290 with Karnataka State Financial Corporation was fully satisfied on 10 Dec 2015.
Charges
A charge registered on 02 Nov 2011 via Charge ID 10323308 with The Karnataka State Financial Corporation was fully satisfied on 24 Feb 2015.
Charges
A charge registered on 07 Apr 2011 via Charge ID 10280832 with The Karnataka State Financial Corporation was fully satisfied on 24 Feb 2015.
Charges
A charge registered on 28 Dec 2010 via Charge ID 10266280 with Karnataka State Financial Corporation was fully satisfied on 24 Feb 2015.
Charges
A charge registered on 09 Jul 2010 via Charge ID 10234034 with Karnataka State Financial Corporation was fully satisfied on 24 Feb 2015.
Charges
A charge registered on 01 Jan 2009 via Charge ID 10137254 with Karnataka State Financial Corporation was fully satisfied on 24 Feb 2015.
62 earlier events are in the company report.
Frequently asked questions
Technospark Industries India is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 21 June 1990 (36+ years old) and is registered under CIN U14101KA1990PTC011015.
Technospark Industries India has 2 current directors:
- Suresh Mohan - Managing Director
- Surekha Suresh - Director
The latest financial statements of Technospark Industries India on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 03 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Technospark Industries India is 29AACCT1295P1ZN, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Technospark Industries India is U14101KA1990PTC011015. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Technospark Industries India has 21 court cases on record: 3 filed by the company and 18 filed against it. 8 are pending. Most are in the district courts.
Technospark Industries India was incorporated on 21 June 1990, making it 36+ years old. It is registered with the Registrar of Companies, Bangalore.
Technospark Industries India has 6 deals on record (3 funding rounds, 2 rights issues, 1 secondary share transfer), with disclosed funding of ₹1.55 Cr; the latest was in March 2019.
Sharan Suresh ceased to be Additional Director on 31 Mar 2019. Surekha Suresh was appointed as Director on 01 Dec 1996. Suresh Mohan was appointed as Managing Director on 01 May 1994.
Yes, Technospark Industries India is registered as a small enterprise under Udyam registration (number: UDYAM-KR-25-0001466).