About Appspace Innovation Private Limited
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Appspace Innovation Private Limited is a private limited company based in Hyderabad, Telangana, India, recognised as a startup by DPIIT. It operates in the consultancy services segment of the technology and IT services sector. It was incorporated on 02 December 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72300TG2015PTC102004. Its GSTIN is 36AAOCA1086F1ZN (Telangana).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹8.73 Lakh. It is led by directors including Rajeev Chandra Ravulapati and Rahul Krishna Jujjavarapu.
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 160 Prashashan Nagar Road No.72 Jubilee Hills, Hyderabad, Telangana, India – 500033.
As per the financials filed for FY 2023, the company reported a revenue of ₹12,640, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹48.7 Lakh and EBITDA of -₹26.82 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 53% over three years and 49% over five years.
The company is associated with 1 brand: OKQR. As per MCA filings, the company has open charges of ₹1.4 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 easypickup.co.
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- Registered Address160 Prashashan Nagar Road No.72 Jubilee Hills, Hyderabad, Telangana, India – 500033
- IndustryInformation Technology, Consultancy, Computer Programming
- 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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Financials of Appspace Innovation Private Limited FY 2024 filings available
Appspace Innovation Private Limited reported revenue of ₹12,640 (down 99% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Appspace Innovation Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 49% over five years, including a 99% fall 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 Appspace Innovation Private Limited
| 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 | ₹12,640 | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹26.82 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹48.7 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 of Appspace Innovation Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Appspace Innovation are in the company report.
Financial statements from FY 2016
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.
Auditor Details of Appspace Innovation Private Limited
Appspace Innovation Private Limited is audited by Aashish Joshi & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Aashish Joshi & 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 Appspace Innovation Private Limited
Appspace Innovation has 5 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeev Chandra Ravulapati Also directs: Ravulapati Techub Private Limited | Director | 02 Dec 2015 | 10 Years 10 Months | Current |
| Rahul Krishna Jujjavarapu | Director | 12 Apr 2019 | 7 Years 5 Months | Current |
| Anand Ramamurthy Tirumalasetty | Director | 26 May 2016 | 10 Years 4 Months | Current |
| Ajay Chakravarthy Parcha Also directs: Kudoswall Private Limited | Director | 02 Dec 2015 | 10 Years 10 Months | Current |
| Sankar Siripurapu | Director | 26 May 2016 | 10 Years 4 Months | Current |
Ownership and Shareholding of Appspace Innovation 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 Appspace Innovation Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Aug 2022 | Others | ₹1.4 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Appspace Innovation Private Limited
Employment history and EPFO contributions of people linked to Appspace Innovation.
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.
Recent Activity on Appspace Innovation Private Limited
Appspace Innovation Private Limited has 13 board changes on record since 2015: 5 appointments and 8 cessations. The latest: Ratnakumar Kotipalli ceased to be Director on 28 Sep 2019.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Appspace Innovation 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 Appspace Innovation 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 Appspace Innovation 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 Appspace Innovation Private Limited
Appspace Innovation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAOCA1086F1ZN | Telangana | Active | 09 Aug 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 Appspace Innovation 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 Appspace Innovation Private Limited
Appspace Innovation is an active private limited company based in Hyderabad, Telangana, India. The company works in consultancy, within the information technology industry. It was incorporated on 02 December 2015 (11+ years old) and is registered under CIN U72300TG2015PTC102004.
Appspace Innovation reported revenue of ₹12,640 for FY 2023 (down 99% YoY).
Appspace Innovation has 5 current directors:
- Rajeev Chandra Ravulapati - Director
- Rahul Krishna Jujjavarapu - Director
- Anand Ramamurthy Tirumalasetty - Director
- Ajay Chakravarthy Parcha - Director
- Sankar Siripurapu - Director
Appspace Innovation reported a net loss of ₹48.7 Lakh and EBITDA of -₹26.82 Lakh for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Appspace Innovation is -53% over three years and -49% over five years. In the latest year (FY 2023) revenue fell 99%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Appspace Innovation is 36AAOCA1086F1ZN, registered in Telangana.
The CIN (Corporate Identification Number) of Appspace Innovation is U72300TG2015PTC102004. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Appspace Innovation was incorporated on 02 December 2015, making it 11+ years old. It is registered with the Registrar of Companies, Hyderabad.
Ratnakumar Kotipalli ceased to be Director on 28 Sep 2019. Rahul Krishna Jujjavarapu was appointed as Director on 12 Apr 2019. Aditya Vemuri ceased to be Director on 07 Mar 2019. Appspace Innovation has 13 board changes on record in total.
Yes, Appspace Innovation is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).