True Sparrow Systems Private Limited - Company Profile

Q: Where is True Sparrow Systems Private Limited headquartered?

True Sparrow Systems Private Limited is headquartered at CO Akshay Shah & Co, Khothi Pole Raopura, Vadodara, Gujarat, 390001.

It is a information technology private limited company based in Vadodara, Gujarat, India, established in 2007.

2007 Vadodara, Gujarat, India Active

Last Updated: December 22, 2025

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About True Sparrow Systems Private Limited

True Sparrow Systems Private Limited, a active private limited company, was established on 27 June 2007 in Vadodara, Gujarat, India. Engaging in application development & software solutions within the information and communication sector, it holds CIN: U72900GJ2007PTC051215. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹0.50 M and a paid-up capital of ₹0.13 M.

It upholds a compliant status. Employing 29 professional, Its leadership includes Nishith Arunkumar Shah (Whole-Time Director), Sunil Khedar (Whole-Time Director). Past directors included Nishith Arunkumar Shah, Akshay Raje, Deepa Nishith Shah. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at C/O Akshay Shah & Co, Khothi Pole Raopura, Vadodara, Gujarat, 390001.

Company Details

CIN/LLPIN
U72900GJ2007PTC051215
Registration Number
051215
Incorporation Date
27 June 2007
Authorized Capital
₹0.50 M
Paid-Up Capital
₹0.13 M
ROC Code
Roc Ahmedabad
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 0.50 M as on 22-12-2025
Paid Up Capital ₹ 0.13 M as on 22-12-2025
Company Age 18 Year, 7 Months
Last Filing with ROC 31 Mar 2024
Revenue Growth **** -14.70% (FY 2022)
Profit Growth **** 104.90% (FY 2022)
Ebitda **** 116.28% (FY 2022)
Net Worth 4.06% (FY 2022)
Total Assets **** 2.80% (FY 2022)

Comprehensive Company Insights

Explore comprehensive insights into True Sparrow Systems Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at True Sparrow Systems Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Nishith Arunkumar Shah	Whole-Time Director	05 May 2022	Current
Sunil Khedar	Whole-Time Director	30 Sep 2015	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	05 May 2022	Past
Pramod Abcsdd	Whole-Time Director	06 May 2022	Past
Pramod Abcsdd	Director	07 Nov 2012	Past
Pramod Abcsdd	Director	31 Mar 2014	Past
Pramod Abcsdd	Whole-Time Director	29 Sep 2015	Past
Pramod Abcsdd	Director	05 May 2022	Past

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Financial Performance of True Sparrow Systems.

True Sparrow Systems Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 14.7% decrease. The company also saw a substantial improvement in profitability, with a 104.9% increase in profit. The company's net worth moved up by a moderate rise of 4.06%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-14.70%

*******

Revenue from Operations

*******

-17.37%

*******

Total Assets

*******

2.80%

*******

Profit or Loss

*******

104.90%

*******

Net Worth

*******

4.06%

*******

EBITDA

*******

116.28%

*******

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What is the Ownership and Shareholding Structure of True Sparrow Systems?

In 2021, True Sparrow Systems had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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How Many Employees Work at True Sparrow Systems?

True Sparrow Systems has a workforce of 29 employees as of Apr 10, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of True Sparrow Systems, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped True Sparrow Systems's trajectory.

Rating

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Alerts

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Latest Updates, News, and FAQs on True Sparrow Systems

Recent Activity within the Organization

Annual General Meeting

Progress on True Sparrow Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.
30 Sep 2024
Balance Sheet

True Sparrow Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was recorded as a recent event.
31 Mar 2024
Director Appointment

Progress on Nishith Arunkumar Shah was appointed as a Whole-time director was appointed as a Whole-time director on 05 May 2022 & has been associated with this company since 3 years 9 months . was documented.
05 May 2022
Director Appointment

Sunil Khedar was appointed as a Whole-time director was appointed as a Whole-time director on 30 Sep 2015 & has been associated with this company since 10 years 4 months . was recorded as a recent event.
30 Sep 2015
Company Incorporation

Progress on True Sparrow Systems Private Limited was registered on 27 Jun 2007 with Roc Ahmedabad & aged 18 years 7 months as per MCA records. was documented.
27 Jun 2007

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