Startup India Government of India
Abl Workspaces Private Limited - financial services in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹44.09 Lakh
▼ 76% YoY
Net loss · FY 2023
₹1.17 Cr
Net margin -265.3%
EBITDA · FY 2023
-₹73.49 Lakh
EBITDA margin -166.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.83 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
3
GST registered
About Abl Workspaces Private Limited
Data last updated:
Abl Workspaces Private Limited is a private limited company based in New Delhi, Delhi, India, recognised as a startup by DPIIT. It operates in the real estate financing segment of the financial services sector. It was incorporated on 19 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U70100DL2017PTC327396. Its GSTIN is 07AAQCA3464K1Z9 (Delhi). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.83 Lakh. It is led by directors Ankur Gupta and Satish Ranjan Kumar.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at G – 56 Green Park New Delhi, Delhi, India – 110016.
As per the financials filed for FY 2023, the company reported a revenue of ₹44.09 Lakh, a decline of 76% compared to the previous year. For the same year it recorded a net loss of ₹1.17 Cr (net margin -265.3%) and EBITDA of -₹73.49 Lakh (EBITDA margin -166.7%). Revenue has grown at a compounded annual rate (CAGR) of 62% over three years and 77% over five years.
Its group structure includes 7 subsidiaries.
The company is associated with 1 brand: ABL Workspaces. Court records list 7 cases involving the company, including 1 filed by the company and 6 filed against it; 3 cases are pending. The company has 6 deals on record (4 funding rounds, 2 rights issues), with disclosed funding of ₹24.43 Cr; the latest was in November 2021.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ablworkspaces.com.
Company details
CIN U70100DL2017PTC327396
Registration Number 327396
Incorporation Date 19 December 2017
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Abl Workspaces
Contact details
Abl Workspaces Private Limited's registered office is in New Delhi, Delhi. Its website is ablworkspaces.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressG – 56 Green Park New Delhi, Delhi, India – 110016
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Abl Workspaces Private Limited, buy the company report.
Comprehensive company report
Abl Workspaces 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
Brands
Abl Workspaces operates one associated brand: ABL Workspaces. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Managed co-working spaces are provided with flexible booking options. | ablworkspaces.com |
Business activity
The main business activity of Abl Workspaces is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
To see the full business activity and turnover split of Abl Workspaces Private Limited, buy the company report.
Financials of Abl Workspaces Private Limited
FY 2023 filings availableAbl Workspaces Private Limited reported revenue of ₹44.09 Lakh (down 76% YoY) for FY 2023.
Revenue · FY 2023
₹44.09 Lakh ▼ 76%
Net loss · FY 2023
₹1.17 Cr margin -265.3%
EBITDA · FY 2023
-₹73.49 Lakh margin -166.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 76%
3 years · compounded
▼ 62%
5 years · compounded
▲ 77%
EBITDA CAGR growth
1 year
▼ 37%
3 years · compounded
▲ 28%
5 years · compounded
▼ 67%
Revenue fell 76% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 77%. EBITDA fell 37% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹44.09 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹73.49 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.17 Cr | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -166.7% | ||||
| Net Profit Margin | -265.3% | ||||
| 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 Abl Workspaces Private Limited, buy the company report.
Board of directors of Abl Workspaces Private Limited
Abl Workspaces has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satish Ranjan Kumar Also directs: Abl Coworking Private Limited, Abl Offices Private Limited, Abl Hi-Tech Coworks Private Limited and 3 more | Additional Director | 06 Aug 2024 | 2 Years 2 Months | Current |
| Ankur Gupta | Director | 19 Dec 2017 | 8 Years 10 Months | Current |
Auditor
Abl Workspaces Private Limited is audited by H.R.Agrawal & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H.R.Agrawal & Co. | FY 2023 | 032293N |
Shareholding
The shareholding of Abl Workspaces Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Abl Workspaces Private Limited, buy the company report.
Deals & funding
Abl Workspaces Private Limited has 6 deals on record (4 funding rounds, 2 rights issues), with disclosed funding of ₹24.43 Cr; the latest was in November 2021.
Total deals
6
Funding rounds
4
Rights issues
2
Disclosed funding
₹24.43 Cr
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2021 | Funding round | ₹14.98 Cr | Investors: Ethik Inc |
| Feb 2021 | Funding round | ₹5 Cr | Investors: Wurk |
| Mar 2020 | Funding round | ₹2.95 Cr | Investors: Wurk, Great Point Capital LLC |
| Jul 2019 | Funding round | ₹1.5 Cr | Investors: 2 individuals |
| Nov 2018 | Rights issue | ₹88.1 Lakh | Investors: 2 individuals |
To see the full deal history of Abl Workspaces 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
Abl Workspaces Private Limited has 7 court cases on record: 1 filed by Abl Workspaces, 6 filed against it. 3 cases are pending and 4 are disposed.
Total cases
7
Filed by the company
1
Filed against the company
6
Pending
3
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 3 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Commercial suit | Filed against the company by M/S. Realistic Realtors Pvt. Ltd. | Disposed |
| District court, Gurugram, Haryana | Civil suit | Filed against the company by M/S Housr Technologies Pvt Ltd | Disposed |
| District court, Central, Delhi | Cheque dishonour complaint | Filed against the company by an individual | Pending |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by an individual | Pending |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by an individual | Pending |
To see the full case history of Abl Workspaces 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Abl Workspaces Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Abl Workspaces has 7 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
7
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Vispro Kosmos Private Limited | U51909DL2016PTC300399 | |
| Fracto Ventures Private Limited | U62020DL2021PTC385876 | |
| Ruptok Fintech Private Limited | U65100DL2019PTC355591 | |
| Abl Coworking Private Limited | U70100DL2016PTC301318 | |
| Abl Offices Private Limited | U70109DL2019PTC355971 | |
| Abl Hi-Tech Coworks Private Limited | U70109HR2019PTC082268 |
To see the full group structure of Abl Workspaces Private Limited, buy the company report.
GST
Abl Workspaces has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAQCA3464K1Z9 | Delhi | Active | 03 Feb 2018 |
| 06AAQCA3464K1ZB | Haryana | Active | 02 Nov 2018 |
| 09AAQCA3464K1Z5 | Uttar Pradesh | Active | 13 Dec 2018 |
To see the full GST registrations and return filing status of Abl Workspaces Private Limited, buy the company report.
Recent activity
Abl Workspaces Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Rishi Gupta ceased to be Director on 06 Aug 2024.
Ceased
Rishi Gupta ceased to be Director.
Appointed
Satish Ranjan Kumar was appointed as Additional Director.
AGM
Abl Workspaces Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Abl Workspaces Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.
Ceased
Rajeev Kumar ceased to be Additional Director.
Appointed
Ankur Gupta was appointed as Director.
Incorporation
19 Dec 2017
Abl Workspaces Private Limited was registered on 19 Dec 2017 with Roc Delhi & aged 8 years 10 months as per MCA records.
News
Frequently asked questions
Abl Workspaces is an active private limited company based in New Delhi, Delhi, India. The company works in real estate financing, within the financial services industry. It was incorporated on 19 December 2017 (9+ years old) and is registered under CIN U70100DL2017PTC327396.
Abl Workspaces has 2 current directors:
- Satish Ranjan Kumar - Additional Director
- Ankur Gupta - Director
The latest financial statements of Abl Workspaces on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Abl Workspaces is 07AAQCA3464K1Z9, registered in Delhi. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 06AAQCA3464K1ZB (Haryana), 09AAQCA3464K1Z5 (Uttar Pradesh).
The CIN (Corporate Identification Number) of Abl Workspaces is U70100DL2017PTC327396. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Abl Workspaces has 7 court cases on record: 1 filed by the company and 6 filed against it. 3 are pending. Most are in the district courts.
Abl Workspaces was incorporated on 19 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
Abl Workspaces has 6 deals on record (4 funding rounds, 2 rights issues), with disclosed funding of ₹24.43 Cr; the latest was in November 2021.
Rishi Gupta ceased to be Director on 06 Aug 2024. Satish Ranjan Kumar was appointed as Additional Director on 06 Aug 2024. Rajeev Kumar ceased to be Additional Director on 29 Nov 2021. Abl Workspaces has 4 board changes on record in total.
Yes, Abl Workspaces is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).