About Aqua Space Developers Private Limited
Data last updated:
Aqua Space Developers Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Zola Real Estate Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 25 April 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U45400TG2007PTC096447. Its GSTIN is 36AAHCA0369E1ZW (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It was formerly known as Dlf Raidurg Developers Private Limited and Alta Builders and Developers Private Limited. It is led by directors including Srinivasa Rao Aravapalli and Vinod Jupally.
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at H No. 1 – 123 8th Floor 3rd Block My Home Hub Madhapur Hyderabad, Telangana, India – 500081.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,307.4 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹385.33 Cr (net margin 29.5%) and EBITDA of ₹587.35 Cr (EBITDA margin 44.9%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 12% over five years.
The company has about 288 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹530.44 Cr and satisfied charges of ₹3,258.33 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 2 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in March 2018. Its 4 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property) are compared by revenue, 2 larger and 2 smaller; the largest is Magarpatta Township Development and Construction Company Limited with revenue of ₹1,374.8 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aquaspace.in.
Company details
Name history
Aqua Space Developers has undergone 2 name changes throughout its history. The company was previously known as Dlf Raidurg Developers Private Limited, and Alta Builders And Developers Private Limited. The current legal name is Aqua Space Developers Private Limited.
| Company Name | Status |
|---|---|
| Aqua Space Developers Private Limited | Current |
| Dlf Raidurg Developers Private Limited | Previous |
| Alta Builders And Developers Private Limited | Previous |
CIN history
Aqua Space Developers has one previous CIN (Corporate Identification Number): U45400HR2007PTC036802. The current CIN is U45400TG2007PTC096447, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45400TG2007PTC096447 | Current |
| U45400HR2007PTC036802 | Previous |
Contact details
Aqua Space Developers Private Limited's registered office is in Hyderabad, Telangana. Its website is aquaspace.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressH No. 1 – 123 8th Floor 3rd Block My Home Hub Madhapur Hyderabad, Telangana, India – 500081
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Aqua Space Developers Private Limited, buy the company report.
- 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
Business activity
The main business activity of Aqua Space Developers is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Aqua Space Developers Private Limited, buy the company report.
Financials of Aqua Space Developers Private Limited
FY 2025 filings availableAqua Space Developers Private Limited reported revenue of ₹1,307.4 Cr (up 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 22% growth in the latest year. EBITDA rose 29% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹587.35 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹385.33 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 44.9% | ||||
| Net Profit Margin | 29.5% | ||||
| 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 Aqua Space Developers Private Limited, buy the company report.
Board of directors of Aqua Space Developers Private Limited
Aqua Space Developers has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivasa Rao Aravapalli Also directs: My Home Developers Private Limited, Hyma Developers Private Limited, Kshoma Green Energy Technologies Limited and 5 more | Director | 16 Apr 2014 | 12 Years 6 Months | Current |
| Vinod Jupally Also directs: Tellapur Developers LLP, My Home Industries Private Limited, My Home Realty Private Limited and 5 more | Director | 21 Nov 2018 | 7 Years 11 Months | Current |
| Jupally Shyam Rao Also directs: Tellapur Developers LLP, BSR Agrotech Private Limited, My Home Industries Private Limited and 5 more | Director | 21 Nov 2018 | 7 Years 11 Months | Current |
Peer comparison
Aqua Space Developers Private Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Magarpatta Township Development and Construction Company Limited | ₹1,374.8 Cr (FY 2025) | 146.0% | Pune, Maharashtra, India | |||
| Calleis Infrastructure Private Limited | ₹1,368.13 Cr (FY 2025) | -53.0% | New Delhi, Delhi, India | |||
| Aqua Space Developers Private Limitedthis company | ₹1,307.4 Cr (FY 2025) | ₹385.33 Cr | 29.5% | 22.0% | 288 | Hyderabad, Telangana, India |
| Ashdan Township Ventures Private Limited | ₹1,285.38 Cr (FY 2024) | -33.0% | Pune, Maharashtra, India | |||
| Kanakia Spaces Realty Private Limited | ₹1,252.29 Cr (FY 2024) | 95.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Aqua Space Developers Private Limited, buy the company report.
Auditor
Aqua Space Developers Private Limited is audited by RAMANA REDDY & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMANA REDDY & ASSOCIATES | FY 2023 | 003246S |
Shareholding
The shareholding of Aqua Space Developers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Aqua Space Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 May 2023 | 100719407 | Others | ₹530 Cr | Open | |
| 19 Mar 2016 | 100022298 | Hdfc Bank Limited | ₹44 Lakh | Open | |
| 01 Sep 2022 | 100619700 | Others | ₹288 Cr | Satisfied | |
| 16 Apr 2022 | 100568708 | Others | ₹25 Cr | Satisfied | |
| 18 Jan 2022 | 100539396 | Others | ₹1 Lakh | Satisfied |
To see the full charge records of Aqua Space Developers Private Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
Aqua Space Developers Private Limited has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in March 2018.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Rights issue | ₹1.99 Cr | Investors: Zola Real Estate Private Limited |
| Jun 2009 | Secondary share transfer | Undisclosed | Buyer: DLF Home Developers Limited & Rajan Mittal, DLF Home Developers Limited & A.P Pandey, DLF Home Developers Limited & Prathama Pallabita Misra Seller: Felicite Builders & Constructions Private Limited , an individual |
| Dec 2008 | Secondary share transfer | Undisclosed | Buyer: Zola Real Estate Private Limited , DLF Home Developers Limited & Pradeep Garg Seller: Felicite Builders & Constructions Private Limited |
| Aug 2008 | Secondary share transfer | Undisclosed | Buyer: Felicite Builders & Constructions Private Limited , an individual Seller: Elton Builders & Developers Private Limited , Muhriz Builders & Developers Private Limited , Citcia Builders & Developers Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Aqua Space Developers Private Limited has 5 court cases on record: 3 filed by Aqua Space Developers, 2 filed against it. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 1 | 1 |
| District courts | 1 | 1 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Court case (MVOP) | Filed against the company | Pending |
| High Court, TELANGANA | Court case (WP(PIL)) | Filed against the company by an individual | Pending |
| High Court, TELANGANA | Writ petition | Filed by the company against The Joint Commissioner of State Tax and 2 others | Disposed |
| High Court, TELANGANA | Company petition | Filed by the company | Disposed |
| High Court, TELANGANA | Court case (COMPA) | Filed by the company | Disposed |
To see the full case history of Aqua Space Developers 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
Aqua Space Developers Private Limited was last rated by Indiarating on 11 Feb 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 11 Feb 2021 |
To see the full credit ratings and regulatory alerts of Aqua Space Developers Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Aqua Space Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Aqua Space Developers Private Limited has a workforce of 288 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 288 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Aqua Space Developers Private Limited, buy the company report.
GST
Aqua Space Developers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAHCA0369E1ZW | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aqua Space Developers Private Limited, buy the company report.
Recent activity
Aqua Space Developers Private Limited has 13 board changes on record since 2008: 3 appointments and 10 cessations. The latest: Pulluri Kaushik Rao ceased to be Director on 27 Nov 2018.
33 earlier events are in the company report.
Frequently asked questions
Aqua Space Developers is an active private limited company based in Hyderabad, Telangana, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 25 April 2007 (19+ years old) and is registered under CIN U45400TG2007PTC096447.
Aqua Space Developers has 3 current directors:
- Srinivasa Rao Aravapalli - Director
- Vinod Jupally - Director
- Jupally Shyam Rao - Director
The latest financial statements of Aqua Space Developers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Aqua Space Developers is 36AAHCA0369E1ZW, registered in Telangana. 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 Aqua Space Developers is U45400TG2007PTC096447. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aqua Space Developers has 5 court cases on record: 3 filed by the company and 2 filed against it. 2 are pending. Most are in the high courts.
Aqua Space Developers was incorporated on 25 April 2007, making it 19+ years old. It is registered with the Registrar of Companies, Hyderabad.
Aqua Space Developers has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in March 2018.
The peers of Aqua Space Developers by revenue are Magarpatta Township Development and Construction Company Limited, Calleis Infrastructure Private Limited, Ashdan Township Ventures Private Limited, Kanakia Spaces Realty Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Pulluri Kaushik Rao ceased to be Director on 27 Nov 2018. Ravinder Rao Pulluri ceased to be Director on 27 Nov 2018. Jupally Shyam Rao was appointed as Director on 21 Nov 2018. Aqua Space Developers has 13 board changes on record in total.
Aqua Space Developers can be reached through the website aquaspace.in. Its registered office is in Hyderabad, Telangana, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
