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Clayworks Spaces Technologies Private Limited - financial services in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹23.39 Cr
▲ 91% YoY
Net loss · FY 2024
₹1.88 Cr
Net margin -8%
EBITDA · FY 2024
₹5.03 Cr
EBITDA margin 21.5%
Authorised capital
₹4.91 Cr
Registered with MCA
Paid-up capital
₹18.8 Lakh
Issued & subscribed
Open charges
₹82.79 Cr
Satisfied ₹34.15 Cr
Company age
9 yrs
Est. 2017
Employees · EPFO
32
Provident fund records
About Clayworks Spaces Technologies Private Limited
Data last updated:
Clayworks Spaces Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the real estate financing segment of the financial services sector. It was incorporated on 23 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70200KA2017PTC105809. Its GSTIN is 29AAHCC1619D1ZW (Karnataka).
The company has an authorised share capital of ₹4.91 Cr and a paid-up capital of ₹18.8 Lakh. It is led by directors including Rahul Singh and Shashidhar Abhijith.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹23.39 Cr, a growth of 91% compared to the previous year. For the same year it recorded a net loss of ₹1.88 Cr (net margin -8%) and EBITDA of ₹5.03 Cr (EBITDA margin 21.5%). Revenue has grown at a compounded annual rate (CAGR) of 75% over three years and 70% over five years.
The company has about 32 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: ClayWorks. As per MCA filings, the company has open charges of ₹82.79 Cr and satisfied charges of ₹34.15 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it; 1 case is pending. The company has 5 deals on record (2 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹4.55 Cr; the latest was in December 2025.
Clayworks Spaces Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0070869). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website clayworks.space.
Company details
CIN U70200KA2017PTC105809
Registration Number 105809
Incorporation Date 23 August 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-KR-03-0070869
Recognitions & Rankings of Clayworks Spaces Technologies
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0070869
Contact details
Clayworks Spaces Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is clayworks.space. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.74 Mass Complex 15 Thcross Road 3rd Floor J.P Nagar 3rd Phase Sarakki Industrial, Layout, Bangalore, Karnataka, India – 560078
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Clayworks Spaces Technologies Private Limited, buy the company report.
Comprehensive company report
Clayworks Spaces Technologies 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
Clayworks Spaces Technologies operates one associated brand: ClayWorks. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Flexible office spaces including co-working and meeting rooms are managed. | clayworks.space |
Business activity
The main business activity of Clayworks Spaces Technologies 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 Clayworks Spaces Technologies Private Limited, buy the company report.
Financials of Clayworks Spaces Technologies Private Limited
FY 2024 filings availableClayworks Spaces Technologies Private Limited reported revenue of ₹23.39 Cr (up 91% YoY) for FY 2024.
Revenue · FY 2024
₹23.39 Cr ▲ 91%
Net loss · FY 2024
₹1.88 Cr margin -8%
EBITDA · FY 2024
₹5.03 Cr margin 21.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 91%
3 years · compounded
▲ 75%
5 years · compounded
▲ 70%
EBITDA CAGR growth
1 year
▲ 48%
3 years · compounded
▲ 316%
5 years · compounded
▲ 235%
Revenue has grown at a compounded annual rate (CAGR) of 70% over five years, including 91% growth in the latest year. EBITDA rose 48% 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 | ₹5.03 Cr | ||||
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| Net Profit (PAT) | -₹1.88 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 21.5% | ||||
| Net Profit Margin | -8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Clayworks Spaces Technologies Private Limited, buy the company report.
Board of directors of Clayworks Spaces Technologies Private Limited
Clayworks Spaces Technologies has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avinash Vankadaru Also directs: Cdna Technologies Private Limited, Od Technologies Private Limited | Additional Director | 03 Oct 2019 | 7 Years 0 Months | Current |
| Rahul Singh Also directs: Hawkspire Ventures LLP, Clayworks Facility Management LLP, Arnaytive Resorts Chikmagalur LLP and 5 more | Director | 23 Aug 2017 | 9 Years 2 Months | Current |
| Shashidhar Abhijith Also directs: Hawkspire Ventures LLP, Clayworks Facility Management LLP, Arnaytive Resorts Chikmagalur LLP and 5 more | Director | 23 Aug 2017 | 9 Years 2 Months | Current |
Auditor
Clayworks Spaces Technologies Private Limited is audited by TEJUS AND RAVI KIRAN CHARTERED ACCOUNTANTS for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TEJUS AND RAVI KIRAN CHARTERED ACCOUNTANTS | FY 2023 | 013418S |
Shareholding
The shareholding of Clayworks Spaces Technologies 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Clayworks Spaces Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹82.79 Cr
Satisfied charges
₹34.15 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Oct 2025 | 101173663 | Others | ₹50 Cr | Open | |
| 27 Feb 2025 | 101064586 | Others | ₹84 Lakh | Open | |
| 28 Nov 2024 | 101018286 | Others | ₹12.9 Cr | Open | |
| 10 Oct 2024 | 100999559 | Others | ₹5.8 Cr | Open | |
| 30 Jan 2024 | 100866127 | Others | ₹3.25 Cr | Open |
To see the full charge records of Clayworks Spaces Technologies Private Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Clayworks Spaces Technologies Private Limited has 5 deals on record (2 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹4.55 Cr; the latest was in December 2025.
Total deals
5
Secondary share transfers
2
Funding rounds
2
Rights issue
1
Disclosed funding
₹4.55 Cr
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2025 | Funding round | Undisclosed | Investors: NuVentures |
| Mar 2024 | Funding round | ₹4.55 Cr | Investors: 2 individuals |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Jul 2020 | Rights issue | ₹18 Lakh | Investors: 2 individuals |
| Dec 2017 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Clayworks Spaces Technologies Private Limited has 4 court cases on record: 1 filed by Clayworks Spaces Technologies, 3 filed against it. 1 case is pending and 3 are disposed.
Total cases
4
Filed by the company
1
Filed against the company
3
Pending
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against Digital Circuits Private Limited and 2 others | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by Adapt Ready Inc | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by Adapt Ready Inc | Disposed |
| District court, BENGALURU, Karnataka | Court case (ECA) | Filed against the company by an individual | Disposed |
To see the full case history of Clayworks Spaces Technologies 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 Clayworks Spaces Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Clayworks Spaces Technologies Private Limited has a workforce of 32 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
32
Active EPFO establishments
1
GST
Clayworks Spaces Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCC1619D1ZW | Karnataka | Active | 03 Nov 2017 |
To see the full GST registrations and return filing status of Clayworks Spaces Technologies Private Limited, buy the company report.
Recent activity
Clayworks Spaces Technologies Private Limited has 5 board changes on record since 2017: 4 appointments and 1 cessation. The latest: Avinash Vankadaru was appointed as Additional Director on 03 Oct 2019.
Charges
A charge with Others of Rs. 12.90 Cr registered on 28 Nov 2024 with Charge ID 101018286 was modified on 31 Oct 2025.
Charges
A charge with Others amounted to Rs. 50.00 Cr with Charge ID 101173663 was registered on 28 Oct 2025.
Charges
A charge registered on 01 Dec 2023 via Charge ID 100827088 with Hdfc Bank Limited was fully satisfied on 11 Jun 2025.
Charges
A charge with Others amounted to Rs. 0.84 Cr with Charge ID 101064586 was registered on 27 Feb 2025.
Charges
A charge with Others amounted to Rs. 12.90 Cr with Charge ID 101018286 was registered on 28 Nov 2024.
Charges
A charge with Others amounted to Rs. 5.80 Cr with Charge ID 100999559 was registered on 10 Oct 2024.
AGM
Clayworks Spaces Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 26.65 Cr registered on 01 Dec 2023 with Charge ID 100827088 was modified on 05 Jun 2024.
Filing
Clayworks Spaces Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 3.25 Cr with Charge ID 100866127 was registered on 30 Jan 2024.
Charges
A charge registered on 30 Sep 2022 via Charge ID 100671467 with Others was fully satisfied on 22 Dec 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 26.65 Cr with Charge ID 100827088 was registered on 01 Dec 2023.
12 earlier events are in the company report.
Frequently asked questions
Clayworks Spaces Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate financing, within the financial services industry. It was incorporated on 23 August 2017 (9+ years old) and is registered under CIN U70200KA2017PTC105809.
Clayworks Spaces Technologies has 3 current directors:
- Avinash Vankadaru - Additional Director
- Rahul Singh - Director
- Shashidhar Abhijith - Director
The latest financial statements of Clayworks Spaces Technologies 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 2018 are in the company report.
The GSTIN of Clayworks Spaces Technologies is 29AAHCC1619D1ZW, registered in Karnataka.
The CIN (Corporate Identification Number) of Clayworks Spaces Technologies is U70200KA2017PTC105809. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Clayworks Spaces Technologies has 4 court cases on record: 1 filed by the company and 3 filed against it. 1 is pending.
Clayworks Spaces Technologies was incorporated on 23 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Clayworks Spaces Technologies has 5 deals on record (2 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹4.55 Cr; the latest was in December 2025.
Avinash Vankadaru was appointed as Additional Director on 03 Oct 2019. Paneesh Gururaja Rao ceased to be Director on 04 Dec 2017. Paneesh Gururaja Rao was appointed as Director on 23 Aug 2017. Clayworks Spaces Technologies has 5 board changes on record in total.
Yes, Clayworks Spaces Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).