- Category
- Small (2023-24)
- Udyam number
- UDYAM-TS-02-0057392

About Aspire Spaces Private Limited
Data last updated:
Aspire Spaces Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 04 October 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U45500TG2019PTC135889. Its GSTIN is 36AASCA7979F1ZX (Telangana).
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹6 Cr. It is led by directors Venkata Thumati Narasimha Reddy and Swaran Charlakola.
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 8 – 2 – 293/82/A/217/A/1 2&3 Road No 17 Jubilee Hills Sai Manjeera Homes, Hyderabad, Telangana, India – 500033.
As per the financials filed for FY 2024, the company reported a revenue of ₹84.76 Cr, a growth of 91% compared to the previous year. For the same year it recorded a net profit of ₹3.9 Cr (net margin 4.6%) and EBITDA of ₹8.78 Cr (EBITDA margin 10.4%).
The company has about 60 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Aspirespaces. As per MCA filings, the company has open charges of ₹210.58 Cr and satisfied charges of ₹11.25 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 1 case is pending.
Aspire Spaces Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0057392). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aspirespaces.com.
Company details
Recognitions & Rankings of Aspire Spaces
Contact details
Aspire Spaces Private Limited's registered office is in Hyderabad, Telangana. Its website is aspirespaces.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address8 – 2 – 293/82/A/217/A/1 2&3 Road No 17 Jubilee Hills Sai Manjeera Homes, Hyderabad, Telangana, India – 500033
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Aspire Spaces 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
Brands
Aspire Spaces operates one associated brand: Aspirespaces. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Real estate firm building luxury homes and commercial spaces in India. | aspirespaces.com |
Business activity
The main business activity of Aspire Spaces is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Aspire Spaces Private Limited, buy the company report.
Financials of Aspire Spaces Private Limited
FY 2024 filings availableAspire Spaces Private Limited reported revenue of ₹84.76 Cr (up 91% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 91% in the latest year. EBITDA rose 59% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹8.78 Cr | ||||
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| Net Profit (PAT) | ₹3.9 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.4% | ||||
| Net Profit Margin | 4.6% | ||||
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To see the full financial statements and ratios of Aspire Spaces Private Limited, buy the company report.
Board of directors of Aspire Spaces Private Limited
Aspire Spaces has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkata Thumati Narasimha Reddy Also directs: Bhavya Aspirehomes India LLP, Aspire Spaces Infra LLP, Srivasa Agro Farms Private Limited and 2 more | Director | 04 Oct 2019 | 7 Years 0 Months | Current |
| Swaran Charlakola Also directs: Aspire Spaces Developers LLP, Aspire Spaces Tellapur LLP, Aspire Homess & Infra LLP and 5 more | Director | 31 Aug 2024 | 2 Years 1 Months | Current |
Peer comparison
Aspire Spaces Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Amj Land Holdings Limited | ₹85.03 Cr (FY 2025) | 41.0% | Pune, Maharashtra, India | |||
| Hi Lite Projects Private Limited | ₹85 Cr (FY 2025) | -12.0% | Kozhikode, Kerala, India | |||
| Aspire Spaces Private Limitedthis company | ₹84.76 Cr (FY 2024) | ₹3.9 Cr | 4.6% | 91.0% | 60 | Hyderabad, Telangana, India |
| Sree Daksha Property Developers (India) Private Limited | ₹84.58 Cr (FY 2024) | 7.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Aspire Spaces Private Limited, buy the company report.
Auditor
Aspire Spaces Private Limited is audited by RAMASEKHAR & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMASEKHAR & ASSOCIATES | FY 2023 | 018383S |
Shareholding
The shareholding of Aspire Spaces 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 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Aspire Spaces Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Oct 2024 | 101011603 | Idbi Trusteeship Services Limited | ₹186 Cr | Open | |
| 28 May 2024 | 100953081 | Hdfc Bank Limited | ₹16 Cr | Open | |
| 12 Apr 2024 | 100930079 | Axis Bank Limited | ₹50 Lakh | Open | |
| 31 Jan 2024 | 100879104 | Tata Capital Financial Services Limited | ₹94.5 Lakh | Open | |
| 17 Aug 2023 | 100777666 | Axis Bank Limited | ₹75 Lakh | Open |
To see the full charge records of Aspire Spaces Private Limited, buy the company report.
Total charge records: 16 View all charges
Legal cases
Aspire Spaces Private Limited has 3 court cases on record: 3 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| High courts | 1 | 1 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ANDHRAPRADESH | Writ petition | Filed against the company by East India Tobacco Company Limited | Pending |
| District court, Medchal Malkajgiri, Telangana | Cheque dishonour complaint | Filed against the company by an individual | Disposed |
| District court, Rangareddy, Telangana | Cheque dishonour complaint | Filed against the company by an individual | Disposed |
To see the full case history of Aspire Spaces 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 Aspire Spaces Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Aspire Spaces Private Limited has a workforce of 60 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
GST
Aspire Spaces has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AASCA7979F1ZX | Telangana | Active | 14 Dec 2019 |
To see the full GST registrations and return filing status of Aspire Spaces Private Limited, buy the company report.
Recent activity
Aspire Spaces Private Limited has 4 board changes on record since 2019: 3 appointments and 1 cessation. The latest: Swaran Charlakola was appointed as Director on 31 Aug 2024.
12 earlier events are in the company report.
Frequently asked questions
Aspire Spaces is an active private limited company based in Hyderabad, Telangana, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 04 October 2019 (7+ years old) and is registered under CIN U45500TG2019PTC135889.
Aspire Spaces has 2 current directors:
- Venkata Thumati Narasimha Reddy - Director
- Swaran Charlakola - Director
The latest financial statements of Aspire Spaces on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Aspire Spaces is 36AASCA7979F1ZX, registered in Telangana.
The CIN (Corporate Identification Number) of Aspire Spaces is U45500TG2019PTC135889. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aspire Spaces has 3 court cases on record: 3 filed against it. 1 is pending. Most are in the district courts.
Aspire Spaces was incorporated on 04 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Aspire Spaces by revenue are Amj Land Holdings Limited, Hi Lite Projects Private Limited, Sree Daksha Property Developers (India) Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Swaran Charlakola was appointed as Director on 31 Aug 2024. Swetha Charlakola ceased to be Director on 31 Aug 2024. Swetha Charlakola was appointed as Director on 04 Oct 2019. Aspire Spaces has 4 board changes on record in total.
Yes, Aspire Spaces is registered as a small enterprise under Udyam registration (number: UDYAM-TS-02-0057392).
Aspire Spaces can be reached through the website aspirespaces.com. Its registered office is in Hyderabad, Telangana, India.