MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0191288
Openspace Services Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹6.05 Cr
▲ 56% YoY
Net profit · FY 2023
₹32.35 Lakh
Net margin 5.3%
EBITDA · FY 2023
₹92.56 Lakh
EBITDA margin 15.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
44
Provident fund records
Directors on board
2
As per MCA filings
About Openspace Services Private Limited
Data last updated:
Openspace Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 13 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72501MH2018PTC306402. Its GSTIN is 27AACCO6634K1Z5 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Preksha Niket Shah and Niket Shah Jaykumar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 611 6th Floor Techno IT Park, Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹6.05 Cr, a growth of 56% compared to the previous year. For the same year it recorded a net profit of ₹32.35 Lakh (net margin 5.3%) and EBITDA of ₹92.56 Lakh (EBITDA margin 15.3%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years.
The company has about 44 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Openspace Services.
Openspace Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0191288). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website openspaceservices.com.
Company details
CIN U72501MH2018PTC306402
Registration Number 306402
Incorporation Date 13 March 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0191288
Recognitions & Rankings of Openspace Services
Contact details
Openspace Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is openspaceservices.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address611 6th Floor Techno IT Park New Link Road Near Eskay Resort Boriva, Li (West), Mumbai, Maharashtra, India – 400092
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Openspace Services Private Limited, buy the company report.
Comprehensive company report
Openspace Services 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
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Brands
Openspace Services operates one associated brand: Openspace Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive services in application development, DevOps, and SEO to businesses. | openspaceservices.com |
Business activity
The main business activity of Openspace Services is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Openspace Services Private Limited, buy the company report.
Financials of Openspace Services Private Limited
FY 2025 filings availableOpenspace Services Private Limited reported revenue of ₹6.05 Cr (up 56% YoY) for FY 2023.
Revenue · FY 2023
₹6.05 Cr ▲ 56%
Net profit · FY 2023
₹32.35 Lakh margin 5.3%
EBITDA · FY 2023
₹92.56 Lakh margin 15.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 56%
3 years · compounded
▲ 33%
EBITDA CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 8%
5 years · compounded
▲ 239%
Revenue has grown at a compounded annual rate (CAGR) of 33% over three years, including 56% growth in the latest year. EBITDA fell 2% 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 | ₹6.05 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹92.56 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹32.35 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.3% | ||||
| Net Profit Margin | 5.3% | ||||
| 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 Openspace Services Private Limited, buy the company report.
Board of directors of Openspace Services Private Limited
Openspace Services has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Preksha Niket Shah | Director | 13 Mar 2018 | 8 Years 7 Months | Current |
| Niket Shah Jaykumar Also directs: Freightgain Online Technologies Private Limited | Director | 13 Mar 2018 | 8 Years 7 Months | Current |
Peer comparison
Openspace Services Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ample Softwares Private Limited | ₹6.08 Cr (FY 2017) | 102.0% | Bangalore, Karnataka, India | |||
| Hexatic Tech Private Limited | ₹6.08 Cr (FY 2025) | 188.0% | Pune, Maharashtra, India | |||
| Lazy Geniouz Private Limited | ₹6.07 Cr (FY 2024) | -60.0% | Thane, Maharashtra, India | |||
| Ascendia Technology Solutions (India) Private Limited | ₹6.06 Cr (FY 2016) | 6.0% | Hyderabad, Telangana, India | |||
| Veniso Solutions Private Limited | ₹6.06 Cr (FY 2024) | 10.0% | Hyderabad, Telangana, India | |||
| Openspace Services Private Limitedthis company | ₹6.05 Cr (FY 2023) | ₹32.35 Lakh | 5.3% | 56.0% | 44 | Mumbai, Maharashtra, India |
| Quincus India Private Limited | ₹6.05 Cr (FY 2025) | -3.0% | New Delhi, Delhi, India | |||
| Mindrops Solutions Private Limited | ₹6.04 Cr (FY 2025) | -25.0% | Delhi, India | |||
| Vedhas Technology Solutions Private Limited | ₹6.03 Cr (FY 2025) | 17.0% | Hyderabad, Telangana, India | |||
| Fantacode Private Limited | ₹6.02 Cr (FY 2025) | 63.0% | Kozhikode, Kerala, India | |||
| Sturit Solutions Private Limited | ₹6.02 Cr (FY 2025) | 0.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Openspace Services Private Limited, buy the company report.
Auditor
Openspace Services Private Limited is audited by PRATIK SHAH & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRATIK SHAH & CO | FY 2023 | 108145W |
Shareholding
The shareholding of Openspace Services Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Openspace Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Openspace Services 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 Openspace Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Openspace Services Private Limited has a workforce of 44 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
Employee count
44
Active EPFO establishments
1
Employee growth
41.94%
GST
Openspace Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCO6634K1Z5 | Maharashtra | Active | 13 Mar 2018 |
To see the full GST registrations and return filing status of Openspace Services Private Limited, buy the company report.
Recent activity
Openspace Services Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Niket Shah Jaykumar was appointed as Director on 13 Mar 2018.
AGM
Openspace Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Openspace Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Niket Shah Jaykumar was appointed as Director.
Appointed
Preksha Niket Shah was appointed as Director.
Incorporation
13 Mar 2018
Openspace Services Private Limited was registered on 13 Mar 2018 with Roc Mumbai I & aged 8 years 7 months as per MCA records.
Frequently asked questions
Openspace Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in software development and support services, within the information technology industry. It was incorporated on 13 March 2018 (8+ years old) and is registered under CIN U72501MH2018PTC306402.
Openspace Services has 2 current directors:
- Preksha Niket Shah - Director
- Niket Shah Jaykumar - Director
The latest financial statements of Openspace Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Openspace Services is 27AACCO6634K1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Openspace Services is U72501MH2018PTC306402. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Openspace Services was incorporated on 13 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Openspace Services by revenue are Ample Softwares Private Limited, Hexatic Tech Private Limited, Lazy Geniouz Private Limited, Ascendia Technology Solutions (India) Private Limited, Veniso Solutions Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Niket Shah Jaykumar was appointed as Director on 13 Mar 2018. Preksha Niket Shah was appointed as Director on 13 Mar 2018.
Yes, Openspace Services is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0191288).
Openspace Services can be reached through the website openspaceservices.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Openspace Services is at 611 6th Floor Techno IT Park New Link Road Near Eskay Resort Boriva, Li West, Mumbai, Maharashtra, India – 400092.
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